The so-called bond private equity fund refers to the private equity fund with fixed-income financial instruments such as government bonds and financial bonds as its main investment targets. The development of China's bond private equity fund industry is not long, and most companies started from the bond bull market of 20 1 1 to 20 12. The best period for the development of bond private placement industry was 20 12 years, when the development of stock private placement was very difficult due to the bear market. The stock market improved in the second half of 20 14, which led to the rapid growth of equity private equity funds, but the development of bond private equity funds remained stable. Due to the inherent characteristics of bond trading, the difference between bond private fund managers and stock private fund managers lies in the following points: first, the threshold is high, which is not only manifested in the long working experience of the main managers, but also the working background of the managers of large financial institutions; Secondly, due to the complexity of bond trading, there are fewer practitioners entering the bond private equity fund industry; Thirdly, because the main entrusting institutions of bond private equity funds are generally institutional investors such as commercial banks' wealth management funds, bond private equity fund managers pay more attention to compliance and market reputation. At present, bond private equity funds, like public bond funds, are both niche markets, accounting for a small proportion, but there is huge room for development. According to the data disclosed by China Asset Management Association, compared with the product type structure distribution of the same fund industry in the world, at present, money market funds account for nearly 47% in China's fund market, which is only about 15% internationally. The proportion of bond funds is only 7.9%, while the proportion of bond funds in global funds is about 25%. Therefore, with the gradual transformation of bank wealth management products to net worth, breaking the rigid redemption of expected rate of return, the development space of bond private equity funds pursuing stable income will be significantly increased.

In the current market environment, although bond private equity funds are a good choice for investors, it does not mean that all bond private equity funds are good choices. When investing, it is still necessary to know the long-term performance, management scale and investment experience of fund managers in detail, and choose private equity institutions that are good at grasping the trend opportunities in the bond market and have a good reputation in the industry. For example, Beijing Qianwei Investment Management Co., Ltd. (hereinafter referred to as "Qianwei Investment") has attracted the favor of many banks and investors with its unique face value and temperament. His investment team is the first team in the industry to win the "Golden Bull Award for Bond Strategy" for three consecutive years (2065 438+02-2065 438+04 Golden Bull Award for Private Equity Fund). The members of the team are all elites from banks, Public Offering of Fund, brokers, private equity funds, trusts, rating companies, IT and other industries, all from well-known universities at home and abroad, with an average financial working time of 14.