At the end of December 2017, the scale of private equity funds under management exceeded 11 trillion yuan. In the first month of 2018, the number of private equity fund managers continued to increase, and the scale of private equity funds under management continued to grow.

On February 14, the Asset Management Association of China (hereinafter referred to as the China Asset Management Association) released the 2018 first monthly report on private equity fund manager registration and private equity fund product filing on its official website.

Monthly report data shows that as of the end of January 2018, the China Foundation Association has registered 22,883 private equity fund managers, 69,086 registered private equity funds, and a management fund scale of 11.76 trillion yuan.

The total number of private equity fund managers is 240,900, of which 200,700 are registered in the practitioner system.

Judging from the situation of that month, in January 2018, there were 522 institutions that submitted private equity fund manager registration applications on the asset management business comprehensive reporting platform, and 524 institutions passed the application.

That month, 3,181 private equity funds were registered and approved on the asset management business comprehensive reporting platform.

In addition, as of the end of January 2018, the China Fund Management Association had canceled 13,876 private equity fund managers, including 87 private equity fund managers in January 2018.

419 private equity fund managers were newly included in the list of abnormal institutions because they failed to perform their quarterly update obligations on time twice in total. As of the end of January 2018, 2,810 private equity fund managers had been included in the list of abnormal institutions and disclosed to the public.

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It is worth noting that at the end of December 2017, there were 187 registered private equity fund managers with a fund size of 10 billion yuan or more.

As of the end of January 2018, there were more than 200 private equity funds under management with a scale of 10 billion yuan or more, reaching 208.

Industry insiders said that since last year, the private equity industry has shown that funds and customers are tilted towards large and medium-sized private equity funds with large scale, long-established time, stable performance and well-known reputation. Many large private equity fund products are in short supply.

However, small private equity firms have been established for a short period of time and have no historical performance support, so it is difficult to gain recognition from customers and their development is difficult.

Although the agglomeration effect of the private equity industry is becoming more and more obvious, the overall level has still improved significantly.

In terms of the industry's average management scale, at the end of December 2017, the average managed fund scale of registered private equity fund managers was 583 million yuan.

As of the end of January 2018, there were 19,601 registered private equity fund managers, and the average fund size under management had reached 600 million yuan.