On February 1, 2019, China Securities Investment Fund Association announced the first batch of private equity asset allocation managers in the country. Zhuhai Hengqinjinsheng Shuoye Investment Management Co., Ltd. was one of the first three and was the only private equity asset allocation fund manager registered in the fund industry association through new application. This also marks the advent of the fourth type of private equity fund managers, and the private equity industry has entered the era of asset allocation managers. You yi, senior partner of Dentons Hangzhou, and her lawyers team acted as the special legal counsel for Jinsheng shuoye. They did preliminary investigation and compliance review to promote the enterprise registration for private equity asset allocation fund manager, with consideration of the fund industry association’s new rules.

The industry believes that the birth of the fourth type of private equity allocation fund managers will bring new growth points to the 12 trillion private equity industry. The private equity FOF field will usher in major changes, and achieve better investment through asset allocation. In the future, FOF organizations with solid investment foundation and sound brand effect will embrace rapid development.