The number of private equity funds exceeding 10 billion reached a record high of 122, and performance in the first month of the year was positive.

At the beginning of 2026, another batch of private equity funds broke through the hundred billion yuan mark. As of the end of January this year, the number of private equity fund managers with assets over one hundred billion yuan in China has reached 122, reaching a historical high. This shows that under the background of market recovery and restored preference for risk, the "Matthew effect" in the private equity industry is further strengthened. At the same time, in the first month of 2026, the hundred billion-yuan private equity funds delivered an outstanding performance. Among the private equity funds with demonstrated performance, more than 90% achieved positive returns, with an average profit of 6.41%, once again demonstrating the trend of "the elephant dancing".