Can't entrust a loan. The loan must be handled by itself, and the loan conditions are as follows

1. China citizens with full civil capacity who have a fixed residence in China, or a fixed residence (or valid residence certificate) in a local town, or a fixed business place;

2. Have a legitimate occupation and stable economic income, and have the ability to repay the principal and interest of the loan on schedule;

3. No bad credit record;

4. Loans cannot be used for stock trading, house purchase, gambling and other behaviors;

5. Other banking conditions stipulated by the lender.

6. It cannot be used for illegal and criminal acts.

2. Can a limited partnership be a private equity fund manager?

Landlord should mean limited partnership! Limited partnership is a kind of partnership enterprise, which is an unincorporated enterprise. Generally, there are general partners (GP) who bear unlimited joint and several liability for the enterprise, and special partners (LP) who only bear limited liability for the capital contribution. This organizational form actually realizes the separation of capital contribution and management.

Generally, this enterprise form appears in large private equity funds. LP entrusts funds to GP for investment management, and GP is a limited liability company. This arrangement can ensure that LP only undertakes limited liability to the extent of capital contribution, while GP with unlimited joint liability is still a limited liability company in organizational form. Although it is unlimited joint liability, it is only limited to the registered capital of the company as a legal person, achieving the effect of double limited liability.

Moreover, both partners share the investment income brought by GP, which avoids the problem of repeated taxation of investors in general limited partnership companies.

Now, in order to avoid supervision, banks will also adopt the form of limited partnership companies.

For example, first raise funds through the asset management plan of a fund company or asset management company (directed or), and then use the raised funds as capital to set up a partnership as LP. At the same time, GP only makes a symbolic contribution and acts as a manager. As an investor, a partnership enterprise invests abroad and generally connects with the credit customers of banks, such as issuing entrusted loans.

A little more complicated is that the asset management company is the only channel to connect the asset management plan with the wealth management funds of the above-mentioned banks (that is, the bank wealth management funds are used to purchase the asset management plan of the asset management company, and the asset management company does not actually raise funds). The final flow of funds is that the wealth management funds of Bank A are connected with the credit customers of Bank A, effectively avoiding supervision.

(CBRC has strict restrictions on non-standard creditor's rights and bank loans for wealth management investment. It seems to be No.9 document! ) I'm a little off topic again. I hope it helps.

Third, can private equity funds make debt investment?

Private equity funds can make debt investment. The private equity investment fund first provides a loan to the target enterprise, and stipulates that the private equity investment fund has the right to choose to convert the creditor's rights in the form of the loan into the equity of the target enterprise or require the target enterprise to repay the loan principal and interest at maturity. Interim Measures for the Supervision and Administration of Private Investment Funds Article 2 The term private investment funds as mentioned in these Measures (hereinafter referred to as private investment funds) refers to the investment funds raised from investors through private placement within the territory of People's Republic of China (PRC). The investment of private equity fund property includes buying and selling stocks, equity, bonds, futures, options, fund shares and other investment targets agreed in investment contracts. These Measures shall apply to the registration, fund raising and investment operation of companies or partnerships established for the purpose of investing in private equity funds and assets managed by fund managers or general partners. These Measures shall apply to securities companies, fund management companies, futures companies and their subsidiaries engaged in private equity fund business. Where other laws and regulations and the relevant provisions of China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission) provide otherwise for the above-mentioned institutions to engage in private equity fund business, such provisions shall apply.

4. Can private equity funds borrow money?

All major banks can do this business, but they need to apply to the branch-level loan department.