Produced | Sohu Finance
Author|Wang Mengting
The first half of the performance of private equity funds has been disclosed.
According to data from the Private Equity Pai Pai Network, in the first half of the year, 41 funds had doubled their yields, and the best-performing products rose by more than 430%; 30 funds’ net worth fell by more than 50%, and the worst-performing products lost more than 90%.
In terms of institutional performance, this year, the overall return rate of 6 private placements has doubled, all of which are small private placements with a scale of 0-500 million yuan.In terms of tens of billions of institutions, 31 private equity firms of 10 billion yuan achieved positive returns in the first half of the year, accounting for more than 34%. Yingshui Investment with the highest yield increased by 19% in the first half of the year, followed by Jiuying Assets and Si Xie Investment. The return rate also exceeded 10%. .
However, there are still more than 60% of the 10 billion private equity losses during the year. Last year's performance champion alluvial assets were at the bottom, with a loss of more than 21% in the first half of the year; followed by Yongan Guofu and Danshuiquan, which lost 19.8% and 17.8% respectively in the first half of the year; Lighten up the Oriental Harbor also closed down in the first half.
Data from the Rongzhi Private Equity Market Barometer shows that managed futures strategy products performed the best in the last six months, with an average yield of 3.69%, followed by bond strategies that rose 1.17%; other strategy products all closed down during the year, with stock strategy products leading the decline by 7.29% .
Yingshui Investment's 2 funds have doubled their yields
According to the data of private placement Pai Pai.com, in the first half of this year, there were 41 "double bases", which were basically occupied by small-scale institutions.Specifically, there are 30 private equity institutions with a scale of 0-500 million yuan, accounting for 73%; 8 private equity institutions with a scale of 500-10 million yuan; only 2 are from managers with a scale of more than 10 billion yuan.
Among the tens of billions of institutions, Yingshui Investment came out on top, with an overall return rate of 19.09% in the first half of the year.Its "Yingshui Longfeng Chengxiang No. 27" and "Yingshui Feiyu No. 3" have yields as high as 148.36% and 138.15% respectively, ranking first and second among tens of billions of private equity products.
Top 10 private equity performance in the first half of the year
It is understood that "Yingshui Longfeng Chengxiang No. 27" is managed by Yao Jiejun. Since its establishment on May 17, 2019, the cumulative rate of return is 474.20%, the annualized rate of return is 74.89%, and the maximum drawdown is 41.35%.Judging from the historical net worth data, this fund mainly rose sharply in May and June, with monthly increases of 36.45% and 94.13% respectively.
"Yingshui Jade No. 3" is managed by Lu Gaowen. Since its establishment in July 2019, the rate of return is 373.98%, the annualized rate of return is 69.92%, and the maximum drawdown is 49.76%.According to the data provided by the private platform Pai Pai, in the first five months of this year, the fund performed mediocre, while in June it rose by as much as 120.03%.
Although Yingshui Investment's individual products have high yields, half of the products whose net worth data has been disclosed by the company are still in a state of loss. Among them, eight funds including "Yingshui Longfeng Chengxiang No. 2" lost more than 10% during the year.
It is understood that Yingshui Investment was established in June 2015 with a registered capital of 10 million yuan. It is mainly engaged in securities fund investment and asset management business. The main investment and research personnel are Lu Gaowen and Yao Jiejun. Master degree, with more than 10 years of securities investment experience.
In addition to Yingshui Investment, in the first half of the year, there were two other 10 billion private placements with a return rate of more than 10%. Jiuying Assets and Si Xie Investment had annual yields of 12.08% and 10.06% respectively, ranking second and third in 10 billion private placements. .
Private equity Pai Pai.com data shows that Jiuying Assets has a total of 49 products, which are mainly based on bond strategies. The 7 products that have disclosed net worth data have positive returns this year. 9" rose 16.95% and 12.51% respectively during the year.
Si Xie Investment is mainly based on stock strategy. It has a total of 233 products. 11 products with net worth data all closed up in the first half of the year. Among them, "Si Xie Investment - Si Xin No. 47" has risen by 22.31% this year. "Si Xie Investment - Si Xin No. 47" Xie Investment - CSI 500 Index Enhancement No. 1 and other 6 products have a return rate of more than 10%.
Alluvial assets caught in the "champion curse" lost 21% in half a year
According to data from the private equity platform Pai Pai.com, 31 tens of billions of institutions achieved positive returns in the first half of the year, accounting for more than 34%, and more than 65% of the institutions had negative returns during the year.
The overall return of the stock market this year has been poor. Among the ten billion-dollar private placements with the largest decline in the first half of the year, 8 of them focused on stock strategies, of which alluvial assets led the decline by 21.37%, and it was also the only ten-billion private placement with a loss of more than 20%.
Alluvial assets are the champion of 10 billion private equity performance in 2021. Last year, they focused on the new energy industry and achieved an annual rate of return of 79.22%.This year, it has also fallen into the "champion curse", and its funds have generally fallen sharply. All 10 products that have publicly disclosed their net worth have lost more than 20% during the year.
