近日，上海证监局向辖区私募基金管理人发送《关于规范上海辖区私募基金管理人经营运作的通知》， 要求辖区私募组织集中学习、参与合规培训，并对公司基本情况、存续私募基金运行情况、出资设立未 备案合伙企业情况等开展自评自纠。此前，北京证监局在最新一期《北京辖区私募基金监管情况通报》 中，也要求辖区私募开展自查、整改。 ● 本报记者王宇露 尽管私募机构面临监管趋严，不过新发产品的热情并未减退，今年以来在市场回暖的背景下，私募基金 产品的备案数量同比增长近四成。 投资运作严格自查自纠 近年来，私募基金行业仍存在一些不按照基金合同约定进行投资运作、未履行关联交易决策程序、将其 他财产混同于基金财产从事投资活动，以及挪用基金财产等问题。值得注意的是，在投资运作方面，此 次通知针对股权创投类基金、主观策略类证券私募基金、量化策略类证券私募基金分别提出了详细的自 评自纠要求。 对于股权创投类基金，要求自查是否聘请专业托管机构，是否将投资管理职能部分或全部交由第三方或 投资者行使，是否存在自融自用和明股实债等情况，是否存在滚动发行、分离定价、募新还旧等资金池 运作情形等多项问题；对于主观策略类证券私募基金，要求自查是否将投资管理职 ...

Group 1 - The private equity market in A-shares is experiencing increased enthusiasm for allocation despite market fluctuations, with a notable rise in the number of private securities products registered in April [1] - In April, 638 private equity managers registered a total of 1,170 private securities products, marking a 12.18% increase from March's 1,043 products, and this is the first time in 2024 that the monthly registration exceeded 1,000 for two consecutive months [1] - Stock strategies dominate the registration, accounting for over 60% of the total, with 752 stock strategy products registered in April, representing 64.27% of the total [1] Group 2 - Quantitative private equity products also saw significant activity, with 545 quantitative securities products registered in April, making up 46.58% of the total registered products, indicating a strong preference for quantitative investment strategies [2] - Among the quantitative products, stock strategy products accounted for 380, or 69.72%, while futures and derivatives strategies had 84 products, representing 15.41% [2] - The confidence in the market is reflected in the active registration of private products, with firms expressing optimism about the future of the Chinese economy and potential revaluation of Chinese assets [2] Group 3 - The recovery of the stock market from tariff impacts and the gradual increase in index levels are key factors influencing future market trends, alongside domestic policy developments [3] - High tariffs are expected to significantly raise inflation levels in the U.S., increasing the likelihood of a dollar depreciation and a potential recession [3] - The combination of tariff improvements and supportive domestic policies is seen as a strong foundation for the stock market [3]