PE高回报的好运已不复存在。今年上半年,项目投资与退出数量分别同比下降40%与20%。对三位力鼎资本合伙人而言,能否放弃PRE-IPO的机会型投资,决定了其投资转型能走多远。每个PE都有自己的梦想,但并不是每个PE都能梦想成真。原国泰君安证券资产管理总部副总监伍朝阳、原南方证券投资银行部经理高凤勇、原国 The good return of PE highs no longer exists. In the first half of this year, the number of project investment and exit dropped by 40% and 20% respectively from a year earlier. For the three Rhino Capital Partners, the ability to give up PRE-IPO’s opportunistic investment determines how far its investment transformation can go. Each PE has its own dream, but not every PE can dream come true. Former Guotai Junan Securities Asset Management Headquarters Deputy Director Wu Chaoyang, former South China Securities Investment Bank Manager Gao Fengyong, the former State