The company system is relatively concentrated in the company, with high-end authority distribution in the internal structure and overlapping investment discourse rights, which is basically not suitable for ordinary investors to participate.
Trust system belongs to the form of three-party entrusted financial management, which is safe and transparent, but investors will not have relations with the project parties, and it is just a simple form of financial management, and the income is relatively too fixed.
Limited partnership is the most popular organizational form in PE industry now, with simple structure, convenient operation, strong flexibility and proper number control. The registration can be completed within 50 people, and GP can participate in capital contribution and assume unlimited joint and several liability, which is an objective guarantee for limited partners and the whole fund. The most important thing is that investors can be related to the project law. Once the project is listed, investors can convert the fund shares into original shares in the same proportion according to the pre-agreed agreement, so as to realize the appreciation of the capital industry. Many advantages of partnership system are not possessed by the first two organizational forms.
Of course, the current organizational form needs further improvement and perfection. The investment environment in China is very good. It is important that China people's credit system and legal protection need to be further strengthened, so that some financial derivatives will be exported to China bit by bit, and China's capital market will be gradually improved.