CICC: the scale of private equity fund management reached 20.33 trillion yuan by the end of March. According to data released by the China Securities Investment Fund Industry Association a few days ago, as of the end of March 2023, there were 22176 private equity fund managers, with more than 150000 funds under management and 20.33 trillion yuan under management. The scale increased by 47.564 billion yuan over the previous month, an increase of 0.23% over the previous month. Specifically, by the end of March 2023, there were 97429 existing private equity funds, with an existing size of 5.66 trillion yuan, an increase of 0.46 percent over the previous month; 31244 surviving private equity funds, with an existing size of 11.1 trillion yuan, an increase of 0.05 percent over the previous month; and 20330 surviving venture capital funds, with a survival size of 2.93 trillion yuan, an increase of 0.61 percent over the previous month.