1, the question you asked is actually very difficult. The key is that the forms of funds are divided into private placement and public offering, especially private placement, which is unwritten. It can be said that supervision is behind the market.

2. However, for PE equity investment funds, there must be restrictions on qualified investors, so Public Offering of Fund rarely issues them.

3. The establishment of the parent fund of 3.PE equity investment fund (FOF) mainly refers to the Notice on Promoting the Standardized Development of Equity Investment Enterprises (referred to as "Document No.2864") issued by the National Development and Reform Commission, the main regulatory body for the establishment and operation of private equity funds in China.

4. Set the main threshold: refer to Document No.2864, (a) the investment of a single investor is not less than 6.5438+million yuan, (b) the number of investors is not more than 50 (if the investor is an unincorporated institution, it needs to be checked like a direct investment fund), and (c) there is no other illegal fund-raising behavior. At present, the market has made a breakthrough in B, but it is controversial. In principle, it is ok not to touch C, and it is also ok for B to reach more than 50, mainly because it can pass the record.