Limit on the number of private equity funds

Legal analysis: the cumulative number of private equity funds established in the form of joint stock limited companies or contracts shall not exceed 200, and the cumulative number of private equity funds established in the form of limited liability companies or partnerships shall not exceed 50.

Legal basis: Article 88 of the Fund Law of People's Republic of China (PRC) stipulates that non-public offering funds shall be raised from qualified investors, and the cumulative number of qualified investors shall not exceed 200.

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