Considered a big company.

Article 11 of the "Regulatory Measures" stipulates: "Private equity funds shall raise funds from qualified investors, and the cumulative number of investors in a single private equity fund shall not exceed the provisions of the Securities Investment Fund Law, Company Law, Partnership Enterprise Law and other laws."

A specified number specified." Obviously, the number of investors in corporate and partnership private equity funds should be subject to the "Company Law" and "Partnership Law" and shall not exceed 50 (joint-stock companies shall not exceed 200).

Article 88 of the "Funds Law" stipulates: "Non-publicly raised funds shall be raised from qualified investors, and the cumulative number of qualified investors shall not exceed 200." That is to say, the number of investors in "contractual" private equity funds can be up to

No more than 200 people, exceeding the 50-person limit for (limited) companies and partnership funds.

This breakthrough is of great significance to fund participants, especially fund managers and sales service agencies. While increasing the size of the fund, it will also benefit more investors.