Whether it is a private equity investment fund or a private equity investment fund, funds are raised from a few specific investors and then invested in the primary and secondary markets.
If the question is how to set up and record private equity funds, the answer is as follows:
First of all, define: what is a private equity fund?
1. Legal definition: Private equity fund refers to
1) Funds raised by private placement for the purpose of investment activities;
2) The fundraising target is a qualified investor;
3) Usually assets are managed by fund managers or general partners;
4) The organization forms are mainly companies or partnerships.
2. There are two types of funds:
1) Private equity investment fund, with secondary market securities as the investment target, including stocks and bonds;
2) Private equity investment funds, with the equity of companies that are usually not listed as the investment target.
3. Definition: Private Fund are funds raised by private individuals or directly from specific groups. On the other hand, Public Offering of Fund is a public fund.
Second, the regulatory framework and outline requirements of private equity funds
1. Regulators and laws
Private equity funds are divided into equity investment funds and securities investment funds. According to the Notice on the Division of Management Responsibilities of Private Equity Funds (2065438+June 2003) issued by the Office of the Central Organization Establishment Committee, the regulatory agency of these two types of private equity funds is China Securities Regulatory Commission. (Prior to this, the registration management of private equity investment funds was centralized by the National Development and Reform Commission, and the supervision system was not perfect during the management of the Development and Reform Commission)
According to the Securities Investment Fund Law and the authorization of China Securities Regulatory Commission, China Asset Management Association has formulated the Measures for the Registration of Private Investment Fund Managers and Fund Filing (Trial) (hereinafter referred to as the Measures).
The Measures is the most direct legal norm for private equity funds at present.
2. The main contents of the Measures are: to monitor the standardized operation of private equity funds mainly through fund manager registration, fund filing, and regular submission of information, so as to reduce the irregular risks of private equity funds faced by investors.
2. 1 The raised funds need to be filed.
Private fund managers shall, within 20 working days after the completion of private fund raising, record through the private fund registration and filing system, indicate the fund category according to the main investment direction of private fund, and fill in the basic information such as fund name, fund scale, investors, fund contract, etc.
2.2 Fund managers need to register.
Private fund managers shall go through the registration procedures for fund managers with the fund industry association and apply to become members of the fund industry association.