证券时报记者 陈中

The securities times reporter Chen zhong

　　“前海的机遇，所有金融机构都在关注。”清研睿合基金管理有限公司董事长索咏红的观点代表了目前金融机构，特别是创投机构的心声。

"Sea before the opportunity,All financial institutions are in attention."Clear research, joint fund management co., LTD., chairman of the board 索咏红 point of view on behalf of the current financial institutions,Especially vc institutions heart.

　　在昨日的“创业投资：产业升级驱动力与战略新抉择高峰论坛”上，创投机构普遍认为，深圳前海的发展将为创投机构带来实质利好。还有两家创投机构在会上透露，已在前海设立了股权投资基金。

In yesterday's"Venture investment:Industrial upgrading driving force and strategic new choice peak BBS"on,Vc institutions generally think,Shenzhen sea before for the development of venture capital institutions will bring substantial bullish.There are two vc institutions at the meeting said,Has set up a file in the sea before established equity funds.

　　今年6月底，国务院在批复给前海的先行先试政策当中，关于金融改革创新方面的第4条政策表述最为简洁“支持设立前海股权投资母基金”，这也是创投机构眼中最具想象力的政策。据统计，截至今年9月底，香港的人民币客户存款及存款证余额已经达到6600亿元人民币，但目前并没有多少合适的投资产品。前海管理局此前解读前海股权投资母基金的运作模式将是“到香港募资，资金来源于香港，然后调回前海来使用，用于支持前海开发。”业内专家曾指出，前海股权投资母基金的设立必将吸引诸多股权投资基金争相进驻。

At the end of June this year,In reply of the state council to sea before the first foretaste of policy,About financial reform and innovation of article 4 policy most concise expression"Support the establishment of sea before mother equity investment fund",This is vc institutions in the eyes of the most imaginative policy.According to the statistics,By the end of last September,Hong Kong's RMB customer deposit and certificates of deposit balance has reached 660 billion yuan RMB,But there hasn't been much suitable investment products.Sea before administration after reading sea before mother equity investment fund operation mode will be"To Hong Kong need to recapitalise,Money from Hong Kong,And then back to sea before use,Used to support development of sea before."Industry experts have pointed out that,Sea before mother equity investment fund set up will attract many equity funds scramble to enter.

　　索咏红总结认为，关于前海，金融机构和创投机构可能最期待的有三个方面：首先是税收政策，细则虽然还没出，但相信税收政策优惠是一定的；其次是为人民币国际化做铺垫的职能，将给金融机构带来非常多的机会，包括前海股权投资母基金等；第三是金融机构未来可能进行的境外人民币融资。

索咏红 conclude,About the sea before,Financial institutions and vc institutions may be the most looking forward to have three aspects:The first is tax policy,Although the rules, not out,But believe preferential tax policy is certain;The second is to make the function of RMB internationalization foreshadowing,Will give financial institutions to bring a lot of opportunities,Including sea before mother equity investment funds;The third is the possible future financial institutions overseas RMB financing.

　　时代伯乐创业投资管理有限公司董事长蒋国云在论坛上透露，该机构已经在前海成立了一只有限合伙制的私募股权投资基金。蒋国云对证券时报记者表示，该基金已经完成募集，规模为2亿元，主要投资方向是大消费产业与节能环保产业。据其透露，之所以在前海股权投资母基金的运作细则还未出台之前就在前海注册成立基金，主要是看好未来前海的发展机遇，为以后做准备。

Age bole business starting investment management co., LTD., chairman of the board JiangGuoYun in BBS on revealed,The agency has been established in the sea before a limited partnership of private equity investment fund.JiangGuoYun the securities times reporter said,The fund raising has been completed,Scale for 200 million yuan,The main investment direction is big consumption industry and energy conservation and environmental protection industry.According to its revealed,In the sea before mother equity investment fund operation rules are not issued before it was registered in the sea before the fund,Mainly is the good future sea before opportunity of development,To prepare for the future.

　　国家开发银行深圳分行副行长王兵才表示，前海给创业投资行业带来了很多机会，国务院今年6月批复的前海先行先试政策当中明确支持在前海设立股权投资母基金，另外也支持境外的私募基金在前海发展，并支持这些基金探索在前海的基金管理和投资模式。此外，政策也支持前海打造人民币国际化的试验区。王兵才认为，这些政策对于私募股权基金意味着更多机会。另外，前海打的是“深港合作”牌，而香港是亚洲的私募基金中心，通过前海的开发开放，香港私募基金领域一些好的经验和做法，也可供前海借鉴。

The state development bank shenzhen branch vice President wang bing just said,Former sea to venture investment industry has brought a lot of opportunities,The state council in June this year the first reply before sea trial of first policy explicitly support in the sea before mother set up equity investment fund,In addition also support foreign private equity fund in the sea before development,And to support these funds into the sea before the fund management and investment mode.In addition,Policy also supported the former sea make RMB internationalization of test site.Wang bing didn't think,These policies for private equity fund means more opportunities.In addition,Sea before calling from a"Deep port cooperation"brand,And Hong Kong is Asia's private equity fund center,Through the development of the sea before opening,Hong Kong private fund field some good experience and practice,Also available for reference to sea before.

　　大正元资本总裁郭迅也在论坛上表示，大正元已经获得前海管理局的批准，在前海设立了基金，希望前海能够率先推出人民币跨境投资业务以及相关税收的差异化，使深圳在创投行业方面继续走在全国前沿。

Taisho yuan capital President GuoXun also in BBS on Wednesday,Taisho yuan has won the sea before the approval of the administration,In the former sea set up a fund,Hope to sea before the first to launch RMB cross-border investment business and related tax differentiation,Make in shenzhen venture capital industry continue to walk in the national front.