1, investment project risk

That is, due to poor management, horizontal competition, economic cycle and other reasons, there are unfavorable situations such as performance decline, shutdown and bankruptcy. , affecting the withdrawal of investment funds through listing, equity transfer and management repurchase. , resulting in no return on investment and even loss of principal. In the worst case, it may even lead to the total loss of the principal of the invested enterprise; Investment still needs to go to some formal platforms, such as Tencent Zhongchuang Space.

2. Policy risks

Policy risk refers to the risk brought by market price fluctuation due to changes in national macro policies (such as monetary policy, fiscal policy, industrial policy, regional development policy, etc.). ). This is a systematic risk that any investment project cannot avoid, because changes in macro policies such as interest rate adjustment have an impact on every enterprise in the system, but different industries are affected to different degrees;

3. Risk of fund extension

Private equity investment projects generally have a long preparation period from negotiation to successful shareholding, and the original investment plan will be postponed or postponed at any time for various reasons, which increases the uncertainty of investment and brings the risk of fund delay;

4. Liquidity risk

Not all private equity investments can get a good ending through listing and cashing out. More investment projects may not be listed for various reasons or can only be transferred within the original shareholders, or the equity is difficult to cash out in a short time or can only be transferred at a higher discount, which is not conducive to the flow of funds.