{"id":3281,"date":"2020-02-24T07:19:24","date_gmt":"2020-02-24T07:19:24","guid":{"rendered":"https:\/\/www.vc-news.com.cn\/?p=3281"},"modified":"2023-10-27T03:46:45","modified_gmt":"2023-10-27T03:46:45","slug":"%e4%b8%ad%e5%9b%bd%e4%b9%9d%e9%bc%8e%e6%8a%95%e8%b5%84-jd-capital-%e8%81%94%e5%90%88%e5%88%9b%e5%a7%8b%e4%ba%ba-%e5%90%b4%e5%88%9a%e4%b8%8e%e9%bb%84%e6%99%93%e6%8d%b7-%e4%bb%a5%e8%9e%8d","status":"publish","type":"post","link":"https:\/\/www.vc-news.com.cn\/?p=3281","title":{"rendered":"\u4e2d\u56fd\u4e5d\u9f0e\u6295\u8d44 JD Capital \u8054\u5408\u521b\u59cb\u4eba \u5434\u521a\u4e0e\u9ec4\u6653\u6377 \u4ee5\u201c\u878d\u3001\u6295\u3001\u7ba1\u3001\u9000\u201d\u4f5c\u4e3a\u5546\u4e1a\u6a21\u5f0f"},"content":{"rendered":"

\"\"<\/a>\u4f5c\u4e3a\u201c\u4e2d\u56fd\u79c1\u52df\u80a1\u6743\u6295\u8d44\u673a\u6784\u5341\u5f3a\u201d\u4e4b\u4e00\u7684\u4e5d\u9f0e\u6295\u8d44\uff08JD Capital\uff09\u81f4\u529b\u4e8e\u6210\u4e3a\u5168\u7403\u4e00\u6d41\u7684\u7efc\u5408\u6027\u8d44\u4ea7\u7ba1\u7406\u673a\u6784\uff0c\u5411\u6765\u901a\u8fc7\u4e13\u4e1a\u4e25\u8c28\u7684\u6295\u8d44\u4f53\u7cfb\u3001\u7cbe\u76ca\u6c42\u7cbe\u7684\u6295\u8d44\u6001\u5ea6\uff0c\u4e0d\u65ad\u5b9e\u73b0\u4e0e\u5df2\u6295\u4f01\u4e1a\u7684\u521b\u65b0\u5408\u4f5c\u4ee5\u53ca\u53d1\u5c55\u3002<\/strong><\/h2>\n

\u4e5d\u9f0e\u6295\u8d44\u7684\u521b\u59cb\u4eba\uff0c\u4e3a1977\u5e74\u751f\u7684\u5434\u521a\u535a\u58eb\u548c1978\u5e74\u751f\u7684\u9ec4\u6653\u6377\u535a\u58eb\u3002<\/strong><\/h4>\n

\u5728\u79c1\u52df\u80a1\u6743\u6295\u8d44\u884c\u4e1a\uff0c\u50cf\u5434\u521a\u8fd9\u6837\u768470\u540e\u4e3a\u6570\u5e76\u4e0d\u591a\uff0c\u5176\u5f00\u521b\u7684\u6d41\u6c34\u7ebf\u822c\u7684\u6295\u8d44\u98ce\u683c\u66f4\u662f\u8ba9\u4eba\u4e3a\u4e4b\u4e00\u65b0\u3002\u8bf4\u8d77\u4e5d\u9f0e\u6700\u521d\u521b\u4e1a\u8981\u4ece\u5434\u521a\u6700\u521d\u7684\u7ecf\u5386\u8c08\u8d77\u3002\u636e\u516c\u5f00\u8d44\u6599\u663e\u793a\uff0c\u5434\u521a\u662f\u897f\u5357\u8d22\u7ecf\u5927\u5b66\u4f1a\u8ba1\u7cfb\u7814\u7a76\u751f\uff0c\u6bd5\u4e1a\u540e\u4ed6\u5148\u53bb\u660e\u53d1\u8bc1\u5238\u7684\u6295\u884c\u90e8\u5de5\u4f5c\uff0c\u62c5\u4efb\u9879\u76ee\u7ecf\u7406\uff0c\u540e\u6765\u53c8\u4ee5\u7b2c\u4e00\u540d\u7684\u6210\u7ee9\u8fdb\u5165\u8bc1\u76d1\u4f1a\uff0c\u57282002\u81f32010\u5e74\u8bc1\u76d1\u4f1a\u671f\u95f4\uff0c\u62c5\u4efb\u76d1\u7ba1\u90e8\u68c0\u67e5\u4e00\u5904\u3001\u98ce\u9669\u529e\u4e00\u5904\u526f\u5904\u957f\u3001\u5904\u957f\u3002\u6b64\u540e\uff0c\u57282010\u5e74\u4fbf\u8f9e\u804c\uff0c\u4e0e\u9ec4\u6653\u6377\u5171\u540c\u521b\u529e\u4e86\u6606\u543e\u4e5d\u9f0e\u6709\u9650\u516c\u53f8\uff0c\u5e76\u62c5\u4efb\u8463\u4e8b\u957f\u4e00\u804c\u3002<\/strong><\/h4>\n

\u636e\u4e86\u89e3\uff0c\u5434\u521a\u5f53\u65f6\u8f9e\u804c\u524d\uff0c\u4e3a\u8bc1\u76d1\u4f1a\u7cfb\u7edf\u5185\u90e8\u6700\u5e74\u8f7b\u7684\u5904\u957f\uff0c\u524d\u9014\u4e00\u7247\u5149\u660e\uff0c\u4f46\u662f\u4ed6\u5e76\u4e0d\u7518\u4e8e\u6b64\uff0c\u60f3\u8981\u505a\u79c1\u52df\u80a1\u6743\u6295\u8d44\u7684\u60f3\u6cd5\u6cb9\u7136\u800c\u751f\u3002<\/strong><\/h4>\n

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\u4e5d\u9f0e\u6295\u8d44\u603b\u90e8\u4f4d\u4e8e\u5317\u4eac\uff0c\u5728\u4e2d\u56fd60\u4e2a\u5730\u533a\u8bbe\u6709\u5206\u652f\u673a\u6784\u6216\u6d3e\u9a7b\u4e13\u4e1a\u4eba\u5458\uff0c\u7ba1\u7406\u4e86\u591a\u652f\u4eba\u6c11\u5e01\u57fa\u91d1\u548c\u4e24\u652f\u7f8e\u5143\u57fa\u91d1\u3002\u8be5\u516c\u53f8\u4e13\u6ce8\u4e8e\u6295\u8d44\u6d88\u8d39\u670d\u52a1\u4e0e\u519c\u4e1a\u3001\u5065\u5eb7\u4e0e\u751f\u547d\u79d1\u6280\u3001\u5148\u8fdb\u5236\u9020\u3001\u80fd\u6e90\u4e0e\u5927\u5b97\u5546\u54c1\u3001\u73af\u5883\u4e0e\u516c\u7528\u4e8b\u4e1a\u3001\u91d1\u878d\u4e0e\u5730\u4ea7\u3001TMT\u3001\u519b\u5de5\u7b49\u516b\u5927\u884c\u4e1a\u53ca\u9886\u57df\uff0c\u4ee5\u53ca\u6301\u7eed\u5173\u6ce8\u56fd\u4f01\u6539\u9769\u3001\u4e0a\u5e02\u516c\u53f8\u4e0e\u65b0\u4e09\u677f\u7b49\u4e3b\u9898\u6295\u8d44\uff0c\u5e76\u6709\u5927\u91cf\u7684\u6210\u957f\u671f\u548c\u6210\u719f\u671f\u4f01\u4e1a\u7684\u6295\u8d44\u6848\u4f8b\u3002\u76ee\u524d\uff0c\u516c\u53f8\u7d2f\u8ba1\u6295\u8d44\u9879\u76ee\u5171\u8fbe241\u4e2a\uff0c\u5df2\u5b8c\u6210\u9000\u51fa\u9879\u76ee42\u4e2a\uff0c\u5df2\u4e0a\u5e02\u4f01\u4e1a\u53ca\u6302\u724c\u201c\u65b0\u4e09\u677f\u201d\u4f01\u4e1a\u517170\u5bb6\u3002<\/strong>\"\"<\/a><\/h4>\n

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. <\/strong>\u878d\uff1a\u4ee5\u5b59\u516c\u53f8\uff08\u4e09\u7ea7\u3001\u56db\u7ea7\u5b50\u516c\u53f8\uff09\u4f5c\u4e3a\u57fa\u91d1\u7ba1\u7406\u4eba\u53d1\u8d77\u8bbe\u7acb\u57fa\u91d1\uff0c\u4ee5\u79c1\u52df\u7684\u65b9\u5f0f\u7b79\u96c6\u3002\u5b59\u516c\u53f8\u62c5\u4efb\u666e\u901a\u5408\u4f19\u4eba\uff08<\/b><\/strong>GP<\/b><\/strong>\uff09\u5e76\u51fa\u8d44\u5c0f\u90e8\u5206\uff08\u7ea6\u4e3a<\/b><\/strong>1%<\/b><\/strong>\uff09\uff0c\u7edd\u5927\u90e8\u5206\u7684\u8d44\u91d1\u6765\u81ea\u6709\u9650\u5408\u4f19\u4eba\uff08<\/b><\/strong>LP<\/b><\/strong>\uff09\u3002\u7531\u5b59\u516c\u53f8\u6765\u62c5\u4efb\u666e\u901a\u5408\u4f19\u4eba\uff0c\u610f\u5728\u5c06\u53ef\u80fd\u51fa\u73b0\u7684\u65e0\u9650\u8fde\u5e26\u8d23\u4efb\u4e0e\u4e0a\u5e02\u4e3b\u4f53\u9694\u79bb\u3002<\/b><\/strong><\/p>\n

. <\/strong>\u6295\uff1a\u6295\u8d44\u6807\u7684\u6db5\u76d6\u5904\u4e8e\u4e0d\u540c\u53d1\u5c55\u9636\u6bb5\u7684\u4f01\u4e1a\uff0c\u5f62\u5f0f\u4e3a\u80a1\u6743\u6295\u8d44\u3002\u5305\u62ec\u4e86\u5929\u4f7f\u6295\u8d44\u3001\u98ce\u9669\u6295\u8d44\u3001\u4e0a\u5e02\u524d\uff08<\/b><\/strong>Pre-IPO<\/b><\/strong>\uff09\u6295\u8d44\u3001\u4e0a\u5e02\u540e\u79c1\u52df\u80a1\u6743\u6295\u8d44\uff08<\/b><\/strong>PIPE<\/b><\/strong>\uff09\u3001\u5e76\u8d2d\u6295\u8d44\uff08<\/b><\/strong>Buyout Fund<\/b><\/strong>\uff09\u3002<\/b><\/strong><\/p>\n

. <\/strong>\u7ba1\uff1a\u6295\u540e\u7ba1\u7406\u4e3b\u8981\u5305\u62ec\u5e38\u89c4\u4e8b\u9879\u8ddf\u8fdb\u3001\u4f8b\u5916\u4e8b\u9879\u5904\u7406\u3001\u91cd\u5927\u4e8b\u9879\u51b3\u7b56\u7b49\u6d41\u7a0b\uff0c\u901a\u8fc7\u534f\u8bae\u7ea6\u5b9a\u3001\u6d3e\u51fa\u8463\u4e8b\u7b49\u65b9\u5f0f\u5bf9\u88ab\u6295\u8d44\u4f01\u4e1a\u8fdb\u884c\u9002\u5f53\u5e72\u9884\uff0c\u63d0\u4f9b\u5efa\u7ae0\u5efa\u5236\u3001\u6218\u7565\u4f18\u5316\u3001\u5e76\u8d2d\u6574\u5408\u3001\u7ba1\u7406\u6539\u8fdb\u7b49\u589e\u503c\u670d\u52a1\u3002<\/b><\/strong><\/p>\n

. <\/strong>\u9000\uff1a\u62e9\u673a\u5c06\u80a1\u6743\u51fa\u552e\u7ed9\u516c\u4f17\uff08\u4e0a\u5e02\uff09\u6216\u5176\u4ed6\u673a\u6784\u6216\u4e2a\u4eba\uff08\u5916\u90e8\u5e76\u8d2d\u3001\u7ba1\u7406\u5c42\u6536\u8d2d\u7b49\uff09\u3002\u5176\u4e2d\u9996\u6b21\u516c\u5f00\u552e\u80a1\u6d3b\u52a8\uff08<\/b><\/strong>IPO<\/b><\/strong>\uff09\u6216\u65b0\u4e09\u677f\u4e3a\u4e3b\u8981\u9000\u51fa\u6e20\u9053\uff0c\u5360\u6bd4\u7ea6\u4e3a<\/b><\/strong>75%<\/b><\/strong>\u3002<\/b><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

\u4f5c\u4e3a\u201c\u4e2d\u56fd\u79c1\u52df\u80a1\u6743\u6295\u8d44\u673a\u6784\u5341\u5f3a\u201d\u4e4b\u4e00\u7684\u4e5d\u9f0e\u6295\u8d44\uff08JD Cap…<\/p>\n","protected":false},"author":8,"featured_media":3283,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-3281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category--vc-pioneer"],"_links":{"self":[{"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=\/wp\/v2\/posts\/3281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3281"}],"version-history":[{"count":5,"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=\/wp\/v2\/posts\/3281\/revisions"}],"predecessor-version":[{"id":3305,"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=\/wp\/v2\/posts\/3281\/revisions\/3305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=\/wp\/v2\/media\/3283"}],"wp:attachment":[{"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vc-news.com.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}