All kinds of private fund managers engaged in private securities investment fund business, and their senior managers (including legal representative, managing partner (appointed representative), general manager, deputy general manager, compliance/risk control person in charge, etc.). ) should obtain the qualification of fund practice.

All kinds of private fund managers engaged in non-private securities investment fund business shall have at least two senior executives who have obtained the qualification of fund practice, and their legal representatives \ executive partners (appointed representatives) and compliance \ risk control leaders have obtained the qualification of fund practice. Compliance \ The person in charge of risk control of various private equity fund managers shall not engage in investment business.

Second, how do private fund managers and executives obtain relevant qualifications?

The senior managers of private fund managers can obtain the qualification of fund practice if they meet one of the following conditions:

(1) Having passed the qualification examination for fund practice.

(2) Having engaged in investment management-related business in the last three years and meeting the relevant qualification requirements. This situation mainly refers to the business related to asset management in the last three years, and the average annual asset management scale is more than 6,543,800 yuan.

(3) Having passed the securities qualification examination, futures qualification examination and banking qualification examination, and meeting the relevant qualification conditions; Or pass the CPA qualification examination, legal professional qualification examination, asset appraiser professional qualification examination and other financial related qualification examinations and meet the relevant qualification conditions.

If the senior managers of private fund managers intend to obtain the qualification of fund practice through the identification methods in (2) and (3) above, they should also pass the examination of fund laws and regulations, professional ethics and business norms, before they can be recognized as having obtained the qualification of fund practice.

Senior managers of private investment fund managers (including venture capital fund managers) who meet one of the following conditions may apply to the Qualification Accreditation Committee of China Asset Management Association for fund qualification:

1. Engaged in private equity investment (including venture capital) for 6 years or more, and participated in and successfully withdrew from at least two projects;

2. Being a senior manager of a listed company or a large or medium-sized enterprise with paid-in capital of not less than 10 billion yuan, and having worked for 12 years or more;

3. Senior managers engaged in economic and social management 12 years or above;

4. Engaged in teaching and research work in economics, finance and other related majors in institutions of higher learning and scientific research institutions 12 years or above, and obtained the title of professor or researcher.

Meet one of the above conditions, institutions or individuals shall submit the following materials to China Asset Management Association:

(1) An application for personal qualification;

(2) personal basic information registration form;

(3) Relevant certification materials:

1. If one of the above conditions is met, a certificate of successful withdrawal from participating in the project and two letters of recommendation signed by celebrities in the industry shall be submitted, and the position and contact information of the recommender shall be attached to the letter of recommendation;

2. In line with the above condition 2, relevant certificates of enterprises and individuals and two letters of recommendation signed by industry celebrities shall be submitted, and the letters of recommendation shall be accompanied by the position and contact information of the recommender;

3. If the above three conditions are met, a certificate issued by the relevant organization department shall be submitted;

4. Those who meet the above four conditions need to submit relevant qualification certificates and two letters of recommendation signed by industry celebrities, and the letters of recommendation should be accompanied by the position and contact information of the recommender.