[News page-Taihai.com] The private placement of insurance funds with a total scale of 50 billion yuan** may have begun to enter the market. According to the information of China **Investment Industry Association (hereinafter referred to as "AMAC"), at present, Honghu Zhiyuan (Shanghai) Private Equity Investment *** hereinafter referred to as "Honghu Private Equity") has completed the filing, and the operation status is "in operation", * custodian is Guangfa Bank Shares *** Previously, the ** manager of Honghu Private Equity Guofeng Xinghua (Beijing) Private Equity ** Management *** hereinafter referred to as "Guofeng Xinghua") has completed the filing, and the information of the AMAC shows that Guofeng Xinghua has a private placement under management.
According to the previous announcement information of Xinhua Insurance and Chinese Life, Honghu Private Placement was jointly initiated and established by Xinhua Insurance and Chinese Life Insurance with a capital of 25 billion yuan, while Guofeng Xinghua was jointly initiated and established by Xinhua Asset, a subsidiary of Xinhua Insurance, and China Life Asset, a subsidiary of Chinese Life, with a capital of 5 million yuan each.
Two leading insurance companies have joined forces to set up private equity with a total scale of up to 50 billion yuan, and Honghu private equity continues to attract attention, and its decision-making model, investment strategy and operation mode have attracted great attention from inside and outside the industry. Analysts believe that this is not only a bold attempt by insurance funds to practice the long-term investment concept, but also a mission for long-term funds to actively enter the market and truly become the "ballast stone" of the capital market.
Zhang Lingjia, former president of PICC Capital Equity Investment and president of Kelly Capital, told the reporter that from the perspective of general private placement, there may be a time lag between the establishment of the product and the investor's funds in place, but because Honghu private equity is a company system and is jointly funded by two insurance giants, there is basically no time difference, and it is more likely that the paid-in funds of the shareholders of the two insurance companies have been partially in place. At the same time, combined with the current market environment and the mission of Honghu Private Equity, Honghu Private Equity is likely to have begun to enter the market, and the most conservative estimate is already in a state of "arrow on the bow".
According to the previous announcement of Xinhua Insurance, Xinhua Insurance and Chinese Life invested in Honghu Private Placement in the form of RMB cash. In principle, all paid-in capital contributions shall be completed within one year from the date of establishment of ** (which can be adjusted by the decision of the investment decision-making committee of ** manager). *The manager company will determine the specific amount and time of capital contribution in each period in combination with the investment and operation needs of **, and issue a notice of capital contribution to **shareholders.
From the perspective of investment scope, it will invest in cash management investment varieties such as listed companies, money markets, bank deposits, and reverse repurchase of treasury bonds. （*