Private equity fund refers to an investment fund established by raising funds from specific investors in a non-public way, and the number of investors is strictly limited to 200; Public offering fund refers to an investment fund set up by raising funds from investors in an open way, with no limit of 200 people.
Investors' funds are pooled into a fund and entrusted to investment experts and fund managers for investment and operation, in which investors, fund managers and fund custodians establish fund contracts through contracts, and finally the fund managers obtain profits through professional operation and distribute the profits to investors.
Investors not only care about their own profits, but also care about the cost of investing in private equity. General private equity fund fees are:
1, fund transaction fee
Fund transaction expenses refer to the basic expenses incurred in the process of fund transaction, generally including subscription fees, subscription fees, redemption fees, private equity fund transfer custody fees, conversion fees, etc.
2. Fund operating expenses
Fund operating expenses refer to the expenses incurred in the operation of private equity funds, which are usually deducted from the fund assets, which may reduce the value. Operating expenses include: management fees, custody fees, continuing sales fees, securities trading fees, information disclosure fees, accountant fees related to the fund, attorney fees, etc. , generally in accordance with state regulations.
Extended data
First, raise.
When raising funds from qualified investors, the principle of special fund account is adopted, and the fund raiser is independent of the fund manager's account.
Second, investment.
Conduct due diligence on the project to be invested, and establish a strict risk control system and investment decision-making process for investment.
Third, management.
Private equity funds carry out post-investment management of invested projects, including attending shareholders' meetings, participating in major decisions of the company, and appointing financial directors. , and regularly issue management reports to investors.
Fourth, quit.
According to the specific situation of the invested enterprise, the invested enterprise will be withdrawn through management buyback, third-party merger, listing on the New Third Board or listing.
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