中国私募基金运作机制研究

私募基金是相对于公募的共同基金而言的一种基金类型，这种基金属于一种合伙人制的小型私人投资公司，主要投资于公开交易的证券和衍生金融产品，是一种高风线的投机基金。随着证券市场改革的深入，私募基金面临的环境发生了重大变换，本文从研究美国私募基金运作机制入手，探讨适合中国私募基金运作的机制，以规范和发展我国的私募基金。

Research on manipulation mechanism of the private offer fund in China

One kind of fund type which private solicits the fund is opposite male to which solicits the mutual fund says, this kind of fund belongs to the small personal investment company which one kind of partner makes, the main investment and grows the financial product to the public transaction negotiable securities, is one kind of high risk congenial fund. With going deep into that stock markel reforms, significant alternation happened in environment facing the private placement fund, from the main body of a book studying the USA private placement fund operates mechanism starting, discuss the private placement fund being suitable to the mechanism that the Chinese private placement fund operates, to standard and to develop our country.