TREE NEWS update: The Asset Management Association of China (AMAC) held the founding meeting of its Venture Capital, Private Equity and M&A Investment Fund Committee in Changchun, stating that equity and venture capital fund AUM hit a record high above 16 trillion yuan in 2026. The association attributed the growth to supportive policies from central ministries and local governments and a stabilizing capital market.
China’s AMAC Says PE/VC Fund AUM Tops 16 Trillion Yuan, a Record
The record figure matters less as a headline than as a signal of where Chinese policy wants capital to sit: equity and venture vehicles rather than other asset classes, with AMAC crediting official support and a steadier market. The new committee's founding suggests the association is formalizing its role in that push, which affects domestic fund managers and the portfolio companies they back. Whether the AUM growth reflects fresh commitments or valuation recovery is not addressed here, and that distinction is the open question worth watching.
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