Core Viewpoint - The article highlights the active participation of industrial Limited Partners (LPs) in the investment market, particularly focusing on the establishment of a new mother fund by a major liquor company, which signals a broader trend of revitalization in the investment landscape [2][3][4]. Group 1: Fund Establishment and Investment Strategy - The newly registered mother fund in Suqian City has a total scale of 1.5 billion yuan, with significant contributions from Suqian Industrial Development Group and Yanghe Distillery [5]. - The fund's investment focus includes intelligent manufacturing sectors such as robotics, artificial intelligence, and data industries, with a commitment to early, small, long-term, and hard technology investments [6]. - The fund has a lifespan of 15 years, with an investment period of 8 years and an exit period of 7 years, and it will not hold more than 30% of shares in any single investment [6]. Group 2: Market Trends and LP Activity - Since 2025, the primary market has shown signs of recovery, with institutional LP contributions reaching approximately 1.24 trillion yuan in the first three quarters, a 9% year-on-year increase [8]. - The number of newly registered funds has increased by 15.18% year-on-year, indicating a growing interest from LPs, particularly industrial LPs, who are leading in investment frequency [8]. - The investment landscape is characterized by a busy schedule for investors and fundraising teams, reflecting a significant uptick in activity across both investment and fundraising sectors [9][10]. Group 3: National Policy and Market Structure - The entry of "national team" funds into the venture capital market marks a significant shift, with increased government support for industrial investments [14]. - The establishment of the National Venture Capital Guidance Fund and regional mother funds aims to inject substantial capital into the market, focusing on future industries like artificial intelligence and advanced manufacturing [15]. - The ongoing support from national-level funds is expected to address market funding gaps and foster a more sustainable investment environment, with projections for continued market recovery into 2026 [15][17].

| 序号 | | 合伙人名称 | 出资比例 ⇒ | 认缴出资额 ÷ | | --- | --- | --- | --- | --- | | 1 | II D | 宿迁产业发展集团有限公司 市属国企 | 39.9333% | 59900万元 | | | 级 服 | 宿迁市人民政府 | 100% | 450000万元 > | | | 东 | 江苏洋河酒厂股份有限公司 | | | | 2 | + | 市属国企 洋河股份 (002304.SZ) | 20.0000% | 30000万元 | | 3 | | 宿迁市交通产业集团有限公司 | 13.3333% | 20000万元 | | | | 切屋国企 | | | 企查查APP显示，近日，宿迁市智能制造战新产业母基金（有限合伙）成立，出资额15亿元，经营范围包含：创业投资（限投资未上市企业）；股权投资； 以私募基金从事股权投资、投资管理、资产管理等活动。企查查股权穿透显示，该企业由宿迁产业发展集团有限公司、洋河股份（002304）等共同出资。 | 传奇 ド台台 | 宿迁市智能制造战新产业母基金（有限合伙） 全国企业信用查询 | | × 查一下 | | --- | --- ...