According to the requirements of People's Republic of China (PRC) Trust Law, private placement fund refers to the personal behavior that the trustee entrusts his property rights to the trustee based on his trust in the trustee, and the trustee implements management methods or disposition in his own name for the benefit of the beneficiary or for a specific purpose.

Contract fund, also known as Unittrustfund, refers to the establishment of equity investment fund enterprises by professional venture capital institutions (financial institutions and companies). As the trustee, the equity investment fund enterprise sells the beneficiary certificate-the Ownership Certificate of the Equity Fund Enterprise by signing the Private Equity Fund Contract with the trustee, so as to raise funds for leisure assets in social development.

In essence, both of them are "entrusted by people to invest and manage money on their behalf"

2. The investment threshold and profit of the project are both1000000, but the number of investors with less than 3 million private equity funds is limited to 50, and 200 contracted funds are more convenient.

Third, the difference between the two managers The manager of the private equity fund is a futures company authorized by the investor. At present, there are 68 futures companies registered in China.

The manager of the contract fund is the registered fund principal of the China Foundation. At present, there are tens of thousands of companies in China that are qualified to sell and manage contract funds.

It can be seen that private equity fund is an entrustment agreement signed by the trustee and the futures company immediately; Among the contractual stock funds, the role of "fund custodian" has been added. Fund custodian, also known as stock fund custodian, is the defendant who is responsible for property custody, transaction supervision, information disclosure, asset settlement and financial accounting in the investment operation of securities funds according to the provisions of relevant laws and regulations. Fund custodian is the interest of stock fund holders, that is to say, it is generally served by banks or trust and investment companies with strong overall strength.