资本基金

Paris has recently proposed clampdowns on hedge funds and bankers' bonuses, in both cases using the threat of tougher capital requirements as a way of reducing what it believes to be excessive risk-taking.

法国政府最近提出要限制对冲基金和银行家奖金，对于二者，法国政府以提高资本充足率为威胁，希望借此减少其所认为的过度冒险行为。

If the General Partner is obligated to return distributions to the Fund pursuant to the General Partner clawback provisions, each Partner will be required to make contributions to the General Partner in the amount of such obligation in proportion to the carried interest distributions made to the Partners, to the extent such obligation relates to Carried Interest or their net capital accounts.

如果一般合伙人须按照一般合伙人的回拨规定而有义务返还分配给基金，则要求每个合伙人按此项回拨义务的数额分比例贡献给一般合伙人，该比例为合伙人被赋予的附带权益分配比例，即该项义务范围内，所涉及到的附带权益比例或其净资本帐户比例。

This text puts forward and treats the view that"middleman"can implement the dule track systems, and the state finance can increase the fund expenditure of the social security budge to dissolving the huge cost; adjust upwards legal retirement age ;extend personal account pension pay service life; strengthen the investment management and administration for the endowment insured fund; reduce the state- run capital; issue the national debt; issue lottery tickets; expand the coverage rate of social security.

本文提出对待&中人&可实行双轨制的观点。对化解巨额成本，提出了国家财政增加社会保障预算资金支出、提高法定退休年龄、适当延长个人帐户养老金给付年限、加强养老保险基金投资经营管理；减持国有资本、发行国债、发行彩票、扩大社会保障覆盖面等。

In view of executive power to intervene in the allocation of resources over the reality of the situation, should intensify their efforts to clean up the recent各种乱收费, levies, and shut the power of the currency market of the "gray channel" reflects the strong focus on cleaning up the community, do not lead to monopolies fair competition policy, and actively create a fair and regulated competitive environment, maximizing the contribution of income and reflected on and so on; to be a more effective means of remediation of illegal income, seek to abuse the interests of individuals or small groups with severe punishment imposed for corruption ; At the same time, it is necessary to speed up the reform of the political system, and promote democratization and openness in decision-making, and strengthen the public service and acts of administrative bodies at all levels of supervision and constraints on the exercise of such power by the process of forming a comprehensive and reasonable mechanism for binding.

当中产阶级成为一个国家的主流群体时，就会结成一张维护社会长治久安的&安全网&。如果说&社会稳定是压倒一切的政治任务&的话，那么，扩大中产阶级的比重就是实现稳定的社会基础。如何促进中国中产阶级的快速发展？笔者认为当前应特别重视以下几个方面：（1）加强法律保护的力度。实践证明，只有依法保护私人产权和维护社会公正，才能促使人们凭借勤劳和智慧去创造财富，才能抑制少数人依仗权势&寻租&和通过贪污腐败手段暴富，才能防止百姓的私有财产不被权贵势力非法侵吞。这样，所有的人将可平等地获得上升的机会，私人资本和职业阶层也会有更大的成长空间。（2）大力发展公共教育事业。知识能够帮助人们改变命运，只有大力发展公共教育，才能使更多的人得到平等分享经济增长成果的机会，这是知识经济时代培育中产阶级的&树人工程&。我们要尽快普及12年制义务教育，大力开展终身教育，打造更多的学习型组织，营造学习型社会的氛围，从而使更多的人通过攀登知识阶梯而升入中产阶级。（3）加快金融创新。中国居民目前工资收入在家庭收入中的比重平均为70％左右，大大高于发达国家50％的水平。工资收入在家庭收入中的占比过大，自然会减缓大多数人进入中产阶级行列的步伐。我们认为，要提高居民收入中非工资收入的比重，最重要的措施就要培育居民的投资意识，并通过金融创新为他们提供多样化的投资工具（如形式多样的共同基金等）。（4）提高专业技术人员、经营管理者、教师、研究人员、公务员等智力劳动者的收入，鼓励智力劳动者进行智力投资，并保护相应的合法权益。（5）建立职业经理人激励机制（包括年薪、奖金、红股、期权等方式），形成职业经理人致富与企业发展互动的财富积累机制。

In addition, the social security fund high-profile that it would "gradually expand the scale of investment indexation", capital investment is very clear.

此外，社会保障基金的高姿态，这将&逐步扩大投资指数化&的规模，资本投资是很清楚的。

In Europe and Asia, net inflows are driven by fund launches.

在欧洲和亚洲，资本净流入主要是由基金的启动推动的。

Although this fund is slightly different key layout of the plate, but Zengcang plate with all the "capital growth" program.

3虽然该基金是关键布局略有不同的板块，但所有的&资本的增长增仓板&程序。

DT Capital Partners currently manages over USD$500 Million in capital across multiple US dollar and RMB funds, and also has a close affiliation with Madrone Capital in the US, the investment entity for members of the Walton family.

德同资本目前管理着超过五亿的美元和人民币基金，并与美国沃尔玛创始人沃顿家族的投资实体Madrone Capital有着紧密联系。

Pooled investment team has more than 10 years in investment banking business professionals and more than 10 years in the financial media reported a senior reporter, also has a group of financial professionals and a master's students, create a unique line with market demand for cross - Innovative business model. A by virtue of more than 10 years of Grounding in the capital market, established a number of domestic enterprises of the vast network of the elite, of which more than 200 listed companies resources A consultant is a solid business foundation for more than 500 strong network of media resources are operating effectively protect ; Dozens of brokerages, fund companies and investment institutions Touhangyewu is the strong backing.

投资团队汇集了从事十余年投资银行业务的专业人士以及从事十多年财经媒体报导的资深记者，同时还拥有一批金融专业的硕士及本科生，形成了一种独特的符合市场需求的交叉式创新业务模式。A凭借十余年在资本市场的磨砺，建立了一批国内精英企业的庞大网络，其中200余家上市公司资源是A顾问业务的坚实基础；500多家强大的媒体资源网络是开展业务的有力保障；数十家券商、基金公司及投资机构是投行业务的坚强后盾。

Hanneke Smits is the Head of European and Asian Investments at Adams Street Partners, Ltd., which is one of the largest and most experienced managers of private equity fund investments in the world and under whose management total private equity assets as of March 31, 2003 were $8 billion.

Hanneke Smits是Adams Street合伙股份有限公司欧亚投资部的主管。Adams Street合伙公司是全球最大的、最富有经验的私人权益基金投资的管理公司之一；截至2003年3月底，由该公司进行管理的私人权益资本总额高达80亿美元。

According to the clear water experiment, aeration performance of the new equipment is good with high total oxygen transfer coefficient and oxygen utilization ratio.

曝气设备的动力效率在叶轮转速为120rpm～150rpm时取得最大值，此时氧利用率和充氧能力也具有较高值。

The environmental stability of that world - including its crushing pressures and icy darkness - means that some of its most famous inhabitants have survived for eons as evolutionary throwbacks, their bodies undergoing little change.

稳定的海底环境─包括能把人压扁的压力和冰冷的黑暗─意谓海底某些最知名的栖居生物已以演化返祖的样态活了万世，形体几无变化。