摘要
矿业投资基金根据自身优势针对矿业产业的不同阶段进行权益性投资,以有限合伙制为主,本土基金占绝大部分比例,偏向于矿业中下游产业链,且以IPO为主要退出形式。作为矿业市场上独特的投融资工具,矿业投资基金可为矿业资本市场提供有力支撑。但矿业投资基金相对成绩参差不齐,文章以九鼎投资、上海联创和霸菱亚洲三支基金的基本情况、投资目标、投资及退出方式、投资案例为案例进行分析,探索其成功经验。
Mining Investment funds make equity investments to different stages of mineral industry according to their own advantages.Those funds are featured with limited partners,mostly local funds,preferring medium and lower stream mineral industry chain and a withdrawal system of IPO.As a unique investment and financing tool,mineral investment fund could be strong support to mining capital market.However,mineral investment funds are different in achievement.This thesis takes three funds(Jiuding Investment,Shanghai NewMargin Venture and Barring Private Equity Asia)as samples,introducing their basic information,investing target,ways of investing and withdrawal and investing practices,to explore their experiences for success.
作者
郭一鸣
茶君
宋洋
GUO Yiming;CHA Jun;SONG Yang(Xinjiang Institute of Geological Survey of CCGMB,Urumqi 830000,China)
出处
《中国国土资源经济》
2018年第3期55-59,共5页
Natural Resource Economics of China
关键词
矿业投资
矿业基金
投资目标
退出方式
基金案例
mining investment
mineral fund
investing target
ways of withdrawal
fund cases