"Shadow capital" private equity fund investment trends exposed, adhering to the "dividend + growth" dumbbell strategy.

Recently, the Guofeng Xinghua Honghuzhiyuan II Private Equity Securities Investment Fund, funded jointly by China Life and Xinhua Insurance, appeared on the list of the top ten circulating shareholders of Wuliangye, sparking market attention to the investment trends of "insurance capital" private equity funds. According to incomplete statistics, since the beginning of this year, "insurance capital" private equity funds have appeared on the list of the top ten circulating shareholders of many listed companies, with investments mainly focused on high dividend targets in the consumer, infrastructure, and energy sectors. Industry insiders believe that based on their holdings, "insurance capital" private equity funds adhere to a long-term investment style, and future investments will mainly follow a dumbbell strategy of "dividend + growth".