The list of limited partners in the QianKe 2026 equity investment fund has been announced.

On August 12, 2026, the Qingke Research Center, initiated by Qingke Holdings (01945.HK), launched a professional SaaS system in the field of domestic private equity investment — Qingke Data providing data support. The Qingke 2026 Equity Investment Fund Limited Partner Ranking was officially announced. The Qingke Research Center has continuously released rankings of equity investment fund limited partners for many years, objectively presenting a panoramic view of the LP market and witnessing the adjustments and changes in the LP market over the years.

In the past year, China's equity investment market has witnessed a comprehensive recovery, with government investment funds, social security funds, insurance capital, and AIC and other long-term capital accelerating their entry into the market. A state-level venture capital guidance fund worth hundreds of billions has officially launched, and social security fund regional science and technology innovation funds under the “social security fund + local state-owned assets + bank AIC” model are accelerating their implementation; state-owned LPs, as the main driving force in the market, have optimized the fund operation mechanisms in various regions under policy guidance, further enhancing the function of guiding industrial upgrades and filling market gaps. At the same time, the LP funding model is becoming increasingly diversified, and the collaboration between LPs and GPs is gradually shifting from purely funding delegation to deep resource sharing and value co-creation. Under this trend, the ecological environment of patient capital in China's equity investment market is continuously improving, bringing more fresh capital to equity investment funds.

Since the release of the first ranking of institutional limited partners in the equity investment market, the Qingke Research Center has maintained a rigorous and impartial research attitude, providing a fair, just, and transparent ranking and reference for various institutions in the industry based on detailed data and scientific selection criteria. The Qingke Research Center has comprehensively considered the fundraising, investment, and exit situations of thousands of equity investment fund limited partners, and through a scientifically rigorous selection standard system, formed the “Top 50 Institutional Limited Partners in the Qingke 2026 Equity Investment Market”, “Top 50 Government Investment Funds in Qingke 2026” two main lists, as well as the “Top 10 Provincial Government Investment Funds in Qingke 2026”, “Top 30 Municipal Government Investment Funds in Qingke 2026”, and “Top 30 County-level Government Investment Funds in Qingke 2026” sub-lists. The data statistical period for this ranking is from April 1, 2025 to March 31, 2026, and the details of the rankings and selection criteria are as follows:

Ranking Details