In July, two more private equity funds increased their assets under management to reach a total of 100 billion yuan.

The latest data from the private placement network shows that as of the end of July 2025, there are 90 billion-dollar private placements, with the total number remaining flat compared to the previous period. Among them, there is a difference in the number of quantitative and subjective private placements. The number of billion-dollar quantitative private placements increased by two to 44, while the number of billion-dollar subjective private placements decreased by two to 39. Compared to the list of billion-dollar private placements at the end of June, three companies exited the billion-dollar private placement camp in July, namely Hongchou Investment, Suijiu Private Equity, and Heyuan Private Equity, all of which are subjective private placements. The three new billion-dollar private placements are Jiudu Investment, Qianyan Private Equity, and Shanghai Boker Private Equity, of which except for Jiudu Investment, are subjective private placements. The core strategies of these three companies are respectively bond strategy, stock strategy, and multi-asset strategy.