JD Capital was continuously selected as an A-class manager in the annual evaluation of the Insurance Asset Management Association
2021-12-16
Recently, China Insurance Asset Management Association completed the annual evaluation of 142 private equity fund managers from the perspective of insurance institutional investors. JD Capital has been continuously selected in the list of A-class managers.
In order to promote private equity fund managers invested by insurance funds （hereinafter referred to as: private equity fund managers) to enhance their service capability and improve their service quality, the China Insurance Asset Management Association (hereinafter referred to as: Association), in accordance with the regulatory provisions and relevant self-regulatory rules, organized industry forces and completed the annual evaluation of 142 private equity fund managers from the perspective of insurance institutional investors.
The evaluation is mainly based on the regulatory policies and relevant regulations of insurance funds investing in private equity funds and combined with the real needs of the industry. 50 secondary indicators in 9 aspects (primary indicators), including corporate governance and investment team, management system and process, risk management, scale and performance, post-investment management mechanism, legal compliance operation, insurance cooperation, incentives and constraints, information reporting and disclosure, etc., are evaluated comprehensively. Forty-one indicators related to investment management capability are added to the point system, with a score of 100 points. 9 indicators related to compliance operation are deducted from the point system, with a maximum deduction of 25 points.
According to the evaluation rules, the evaluation results are divided into four categories: A, B, C and D. The evaluation results show that: 100 in category A (80 points and above), 37 in category B (70 to 80 points), 1 in category C (60 to 70 points), and 2 in category D (below 60 points).
The evaluation results are for the reference of insurance institutions and shall not be used as a basis for investment decisions, nor shall they be used for peer-to-peer competition of private equity fund managers.
In the next step, the Association will continue to guide private equity fund managers to operate in compliance with the law, improve risk management capabilities and information reporting quality; In addition, the Association will also continue to optimize evaluation methods, index systems and evaluation procedures, and provide more diversified value-added services for regulators and members.