private placement, that is, private investment funds, refers to investment funds raised from qualified investors in the form of non-public offering and invested in stocks, equity, bonds, futures, options, fund shares and other investment targets (such as works of art, wine, etc.) agreed in the investment contract, which is referred to as private placement funds for short.
Taken together, it is easy to understand that the quantitative trading of private equity funds refers to replacing artificial subjective judgment with advanced mathematical models, and using computer technology to select a variety of "high probability" events that can bring excess returns from huge historical data to formulate strategies, which greatly reduces the impact of investors' emotional fluctuations and avoids making irrational investment decisions in the case of extreme fanaticism or pessimism in the market.