Post-investment management is related to the development of investment projects and the realization of exit schemes. Good post-investment management will reduce or eliminate potential investment risks from the active level and realize the preservation and appreciation of investment.
Post-investment management can be the responsibility of relevant personnel who participate in the selection of investment projects and undertake specific investment matters or their designated personnel, or a special post-investment management department established by private equity fund managers, collectively referred to as post-investment managers.
Post-investment management includes four parts: investment agreement implementation, project tracking, project management and value-added services. Post-investment management is generally divided into daily management and major event management:
Daily management mainly includes keeping in touch with the target enterprise, understanding the operation and management of the enterprise, and writing management documents such as post-investment management reports on a regular basis;
Management of major issues includes deliberation and voting on the proposals of the shareholders' meeting, the board of directors and the board of supervisors of the target enterprise.
Six principles of post-investment management
Continuity principle
Omnidirectional principle
prudence norms
in time
Principle of authenticity
Double test principle
Development of post-investment management
Implementation of investment agreement
Project tracking
Project governance
After the investment is completed, the management personnel shall keep in touch with the target enterprise and submit the matters that need to be voted by the directors appointed by the investors to the directors for deliberation in time. Post-investment managers should also actively urge the company to participate in the shareholders' meeting of the invested enterprise.
Key points of post-investment management-financial control