The fund qualification examination is "full"

The most important thing is the last item stipulated by the Foundation in the announcement: the requirements for the fund qualification of private fund managers and executives. This news can be exploded among private fund managers. Many executives have not taken the qualification examination for fund practice, and of course they have not obtained the qualification for fund practice.

China Foundation requires all kinds of private equity fund managers engaged in private equity investment fund business, and their senior managers (including legal representative, executive partner (appointed representative), general manager, deputy general manager, compliance/risk control person, etc.) should obtain the qualification of fund practice.

all kinds of private fund managers engaged in non-private securities investment fund business should have at least two senior managers who are qualified to engage in fund business, and their legal representatives \ executive partners (appointed representatives) and compliance \ risk control leaders should be qualified to engage in fund business. Compliance \ Risk Control of all kinds of private equity fund managers The person in charge shall not engage in investment business.

Previously, some people in the industry said that private equity funds, as investment management institutions, should have high professional requirements for practitioners and managers. However, the general quality of employees of private equity funds in China is not high, and even many managers of private equity institutions do not have qualification certificates. Therefore, the regulations issued by the China Foundation Association may be imperative.

Some employees also said that with the gradual implementation of this regulation, a large number of managers of private equity institutions without professional qualifications will be eliminated. Forced by the situation, a group of friends have embarked on the road of learning.

According to my grandfather, many managers of private equity institutions have been busy studying the new rules of private equity and signing up for the exam recently. According to the registration system of the fund qualification examination (appointment examination), on March 19th of the latest examination, the examinations in Beijing, Shanghai, Guangzhou and Shenzhen all showed that "there are no vacant seats in the selected application area at present".

At the same time, some private equity personnel said that 216 will be the blowout period of the private equity examination. They suggested that if you want to register for the examination, you should start this work as soon as possible, otherwise, the more people apply later.