The number of private equity firms with assets exceeding 10 billion yuan has increased to 91, with one more member joining the quantitative trading camp.

As the market warms up, the scale of private equity management is rising. Data from private equity ranking websites shows that by the end of August, the number of new entrants to the billion-dollar private equity camp has increased, with 91 billion-dollar private equity companies. In terms of strategy classification, the number of billion-dollar quantitative private equity companies has increased to 45, accounting for 49.45%; subjective private equity companies account for 39, accounting for 42.86%; and mixed-type private equity companies account for 6, accounting for 6.59%. Quantitative performance dominates the private equity returns list. Among the 40 billion-dollar private equity companies that have achieved returns of over 20% this year, quantitative private equity firms hold 31 seats. Billion-dollar quantitative private equity firms such as Wenbo Investment, Abama Investment, Tianyan Capital, Evolution Asset Management, Chengqi Asset Management, Jingo Lianrui, Nianjue Private Equity, and Ningbo Huanfang Quantitative have performed particularly well.