Is there a limit on the number of shares held by private equity investment funds to invest in unlisted companies? What is the specific limit percentage?
Private equity funds generally have restrictions on the amount of investment, which generally does not exceed 20% of the fund size. For invested enterprises, the actual controller generally holds more than 40% of the shares before listing, so private equity funds cannot exceed the actual controller. So it is common to invest less than 20% of the shares.