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What will happen if the monthly report of private equity fund is submitted a few days late?
According to relevant information, the monthly report of private equity funds will be included in the information submitted to abnormal institutions in a few days. Because according to the Notice on Strengthening the Self-discipline Management of Private Equity Fund Information Reporting and Optimizing Industry Services, managers who fail to submit or submit information twice or more within the time limit will be listed as abnormal information reporting institutions, and the Association will publicize it in official website and take further self-discipline measures as appropriate. Private equity fund refers to a securities investment fund that raises funds from specific investors in a non-public way and invests in specific objects. Private equity funds are raised by means other than mass communication, and promoters set up investment funds to invest in securities by collecting funds from non-public multi-subjects.