Legal basis: Interim Measures for the Supervision and Administration of Private Investment Funds
Article 12 A qualified investor in a private equity fund refers to a unit or individual that has the corresponding risk identification ability and risk-taking ability, and the investment amount of a single private equity fund is not less than 6,543.8+0,000 yuan, and meets the following relevant standards: (1) A unit with a net asset of not less than 6,543.8+0,000 yuan; (2) Individuals whose financial assets are not less than 3 million yuan or whose average annual income in the last three years is not less than 500,000 yuan. The financial assets mentioned in the preceding paragraph include bank deposits, stocks, bonds, fund shares, asset management plans, bank wealth management products, trust plans, insurance products, futures rights and interests, etc.
Article 13 The following investors are regarded as qualified investors: (1) Social security funds, enterprise annuities and other pension funds, charitable funds and other social welfare funds; (2) An investment plan established according to law and filed with the fund industry association; (3) Private equity fund managers who invest in the private equity funds managed by them and their employees; (4) Other investors as stipulated by the China Securities Regulatory Commission. In the form of partnership, contract and other unincorporated persons, if the funds of most investors are pooled to directly or indirectly invest in private equity funds, the private equity fund manager or private equity fund sales organization shall thoroughly check whether the final investor is a qualified investor and calculate the number of investors in a consolidated manner. However, if investors who meet the requirements in Items (1), (2) and (4) of this article invest in private equity funds, it is no longer necessary to check whether the final investors are qualified investors and calculate the number of investors together.