Private equity funds and Public Offering of Fund are essentially the same way of managing money, but in fact they are quite different. Cemetery funds are relatively safe and reliable, but private equity funds will be more dangerous. But since there is danger, the rate of return of private equity funds will naturally be higher than that of Public Offering of Fund.

Interim Measures for the Supervision and Administration of Private Investment Funds

Article 7 Managers of various private equity funds shall apply to the fund industry association for registration in accordance with the provisions of the fund industry association, and submit the following basic materials:

(a) the original and photocopy of the industrial and commercial registration and business license;

(2) Articles of association or partnership agreement;

(3) List of major shareholders or partners;

(4) Basic information of senior managers;

(5) Other information stipulated by the fund industry association.

The fund industry association shall publish the list of private fund managers and their basic information through the website within 20 working days after the registration materials of private fund managers are complete, and complete the registration procedures of private fund managers.

Article 8 After all kinds of private equity funds are raised, the private equity fund manager shall go through the fund filing procedures in accordance with the provisions of the fund industry association, and submit the following basic information:

(a) the main investment direction and the types of funds indicated according to the main investment direction.

(2) Fund contract, articles of association or partnership agreement. In the process of fund raising, if a fund prospectus is provided to investors, it shall be submitted. Private equity funds established in the form of companies, partnerships and other enterprises shall also submit the original and photocopy of industrial and commercial registration and business license.

(3) If entrusted management is adopted, an entrusted management agreement shall be submitted. Where a trust institution is entrusted to trust the fund property, a trust agreement shall also be submitted.

(4) Other information stipulated by the fund industry association.

The fund industry association shall, within 20 working days after the filing materials of private equity funds are complete, publish the list of private equity funds and their basic information through the website and complete the filing procedures of private equity funds.

Article 9 The registration of private fund managers and private funds by fund industry associations does not constitute the recognition of the investment ability and continuous compliance of private fund managers; Not as a guarantee for the safety of fund property.

Article 10 If a private fund manager is dissolved, revoked or declared bankrupt according to law, his legal representative or general partner shall report to the fund industry association within 20 working days, and the fund industry association shall cancel the registration of the fund manager in time and make an announcement through the website.