Private equity fund size has been rising for seven consecutive months.

The latest data released by the China Securities Investment Fund Association shows that as of the end of April 2026, the total management scale of private equity funds in China reached 23.46 trillion yuan, an increase of approximately 7400 billion yuan compared to the end of March, reaching a new historical high. This marks the seventh consecutive month of growth in the private equity fund management scale since October 2025. According to data from CVSource, a total of 1117 VC/PE investment cases were recorded in April 2026, a slight increase of 4.4% compared to the previous month, and a 54.9% increase compared to the same period last year; the total investment scale reached 1340.44 billion yuan, a decrease of 4.2% compared to the previous month, and a 60% increase compared to the same period last year. Since the market stabilized and rebounded at the end of 2025, the monthly number of investments has remained above a thousand for several consecutive months, and the investment scale has exceeded one trillion yuan for more than half a year, demonstrating the continuous release of market vitality.