绉佸嫙鑲℃潈鎶曡祫妗堜緥鍒嗘瀽
2009-2-26
鍏ㄧ悆鍝佺墝缃?/p>
閮戠
鐐瑰嚮璇勮
绉佸嫙鑲℃潈鎶曡祫
(Private
Equity
锛?/p>
绠�绉?/p>
鈥?/p>
PE
鈥?/p>
)
鏄寚閫氳繃绉佸嫙褰㈠紡瀵圭鏈変紒涓氾紝
鍗抽潪涓婂競浼佷笟杩涜鐨勬潈鐩婃�ф姇璧勶紝
閫氳繃涓婂競銆?/p>
骞惰喘鎴栫鐞嗗眰鍥炶喘绛夋柟寮忥紝
鍑哄敭鎸?/p>
鑲¤幏鍒┿�傚箍涔変笂璁诧紝绉佸嫙鑲℃潈鎶曡祫娑电洊浼佷笟棣栨鍏紑鍙戣鍓嶅悇闃舵鐨勬潈鐩婃姇璧勶紝
鍗冲澶勪簬绉嶅瓙鏈熴�佸垵鍒涙湡銆佸彂灞曟湡銆佹墿灞曟湡銆佹垚鐔熸湡绛夊悇涓椂鏈熶紒涓氭墍杩涜鐨勬姇
璧勩�傚洜姝ょ鍕熻偂鏉冩姇璧勪篃鍖呮嫭鍒涗笟鎶曡祫
1[1]
銆?/p>
涓浗浣滀负涓栫晫涓婂闀挎渶蹇殑缁忔祹浣擄紝
鍔犱笂鏃ョ泭鏀瑰杽鐨勬姇璧勭幆澧冨拰浜烘皯甯佸崌鍊?/p>
鐨勯暱鏈熻秼鍔匡紝
浣垮緱鎶曡祫涓浗鐨勮祫浜у緱鍒扮殑鍥炴姤杈冮珮锛?/p>
寮曡捣绉佸嫙鑲℃潈鍩洪噾瀵?/p>
鈥滀腑鍥?/p>
鎴樼暐鈥?/p>
鏃ョ泭閲嶈銆?/p>
涓浗涔熷凡鎴愪负浜氭床鏈�娲昏穬鐨勭鍕熻偂鏉冩姇璧勫競鍦恒�?/p>
绉佸嫙鑲℃潈鎶曡祫
鏈烘瀯鍦ㄤ腑鍥藉ぇ闄嗗湴鍖哄叡鎶曡祫
129
涓渚嬶紝鍙備笌鎶曡祫鐨勬満鏋勬暟閲忚揪
77
瀹讹紝鏁翠綋鎶?/p>
璧勮妯¤揪
129.73
浜跨編鍏冦�?/p>
杩涘叆妯″紡
澧炶祫鎵╄偂锛氫紒涓氬悜寮曞叆鐨勬捣澶栨垬鐣ユ姇璧勮�呭鍙戞柊鑲★紝铻嶈祫鎵�寰楄祫閲戝叏閮ㄨ繘鍏?/p>
浼佷笟锛?/p>
姝ょ鏂瑰紡姣旇緝鏈夊埄浜庡叕鍙哥殑杩涗竴姝ュ揩閫熺殑鍙戝睍銆?/p>
濡傚崕骞冲拰涓俊璧勬湰鍙備笌鍝?/p>
鑽泦鍥㈢殑鏀瑰埗杩囩▼涓紝浠?/p>
20.35
浜垮厓浣滀环澧炶祫鍝堣嵂鍙栧緱鍏?/p>
45.0%
鑲℃潈銆?/p>
鑲℃潈杞锛氱敱鑰佽偂涓滃悜寮曞叆鐨勬姇璧勮�呰浆璁╂墍鎸佹湁鐨勮偂鏉?/p>
(
閫氬父鏄珮婧环
)
锛屾弧
瓒抽儴鍒嗚�佽偂涓滃彉鐜扮殑瑕佹眰锛?/p>
铻嶈祫鎵�寰楃殑璧勯噾褰掕�佽偂涓滄墍鏈夈�?/p>
濡?/p>
PAG
鎺ヤ笅浜?/p>
鈥滀腑鍥?/p>
绔ヨ溅涔嬬帇鈥?/p>
濂藉瀛愰泦鍥㈢殑
67.4%
鐨勮偂鏉冿紝
鍑鸿鏂?/p>
AIG
銆?/p>
SB
鍜岀涓�涓婃捣鍚勮嚜鑾峰緱
2-5
鍊嶅洖鎶ャ�?/p>
涓�鑸潵璇达紝澧炶祫鍜岃浆璁╄繖涓ょ鏂瑰紡琚贩鍚堜娇鐢ㄣ�傚鏃犻敗灏氬痉鍦ㄤ笂甯傚墠澶氭閲?/p>
鐢ㄨ�佽偂涓滆浆璁╄偂鏉冨拰澧炶祫鎵╄偂寮曡繘鍥介檯鎴樼暐鎶曡祫鑰呫�?/p>
鍦ㄥ浗澶栵紝
杩樻湁涓�绉嶅父瑙佺殑瀹?/p>
鎺掞紝鍗崇鍕熻偂鏉冨熀閲戜互浼樺厛鑲★紙鎴栧彲杞�猴級鍏ヨ偂锛岄�氳繃浜嬪厛绾﹀畾鐨勫浐瀹氬垎绾㈡潵淇?/p>
闅滄渶浣庣殑鎶曡祫鍥炴姤锛屽苟涓斿湪浼佷笟娓呯畻鏃舵湁浼樺厛浜庢櫘閫氳偂鐨勫垎閰嶆潈銆?/p>
2[2]