By the end of the first quarter, the scale of quantitative private fund management approached 2 trillion yuan, and the compliance shortcomings of some institutions gradually emerged.

Driven by both technology and capital, the quantitative private equity industry has achieved a breakthrough expansion. By the end of the first quarter, the number of billion-dollar quantitative private equity firms has increased to 61, with the overall management scale approaching 2 trillion yuan. At the same time, in the first quarter, the excess returns of quantitative private equity index products exceeded nearly 4%, and the excess returns of large private equity firms with assets exceeding 50 billion yuan reached 4.33%, with an excess ratio of 94.47%, demonstrating outstanding performance in terms of returns and success rate. However, behind the rapid growth in scale and performance, the regulatory shortcomings of some institutions are gradually becoming apparent. Recently, many quantitative private equity firms have been singled out by regulatory authorities for violating regulations, exposing both the long-standing structural problems in the industry and indicating that the industry is undergoing a accelerated phase of purge under the backdrop of stricter regulations.