The paid-in capital or paid-in capital contribution shall not be less than RMB 654.38+million. A fund manager who meets the following conditions shall apply to the fund industry association for registration: (1) paid-in capital or paid-in investment100000 yuan or more; (2) products managed by himself or entrusted by other institutions. The scale of securities such as stocks, bonds, fund shares and their derivatives invested in a publicly issued joint stock limited company is more than 654.38 billion yuan (3) It has two qualified brand managers and 654.38+0 qualified risk managers (4) It has good social credit and no record of violation of laws and regulations in the last three years. Equity investment management institutions and venture capital management institutions that meet the registration conditions shall apply to the fund industry association. Article 6 of the Interim Measures for the Business Management of Private Equity Investment Funds