The 2nd China International Private Equity Forum (CIPEF) was held in June 2008 in Tianjin. About 2,000 domestic outstanding enterprises and 500 international private equity fund companies attended the event.

CIPEF is approved by the State Council and sponsored by Tianjin Municipal People's Government, All China Federation of Industry & Commerce, and the Association for Corporate Growth (ACG). It has borrowed ACG's pattern of "capital connection" and "speed dating", to set up a financing bridge for attendees.

Financial insiders say CIPEF is a beneficial trial in the construction of China's multi-layer capital market system.