On March 3rd1day, China Fund Association issued "Answers to Questions Related to Registration and Filing of Private Equity Funds (XIII)". The fund industry association pointed out that private fund managers can only file private funds that are consistent with the registered business types of their own institutions, and cannot manage private funds that are inconsistent with the registered business types of their own institutions; The same private fund manager cannot operate multiple types of private fund management business. The fund industry association emphasizes that private fund management institutions can set up independent business entities that meet the requirements of professional management in terms of personnel team, business system and internal control system, and apply for registration to become different types of private fund managers. The specific questions and answers are as follows: Q: How should private fund managers who have registered various business types and run various private fund management businesses make rectification according to the above professional management requirements? A: Up to now, 265,438+098 private fund managers have registered and put on record through the Association's "Integrated Management Platform for Asset Management Business" and followed the principle of professional management. In order to coordinate and unify the industry self-discipline management standards, private fund managers who have registered various business types in the "private fund registration and filing system" have rectified professional management matters through the "comprehensive management platform for asset management business" in accordance with the relevant follow-up arrangements of the association. Managers of such private equity funds should choose only one business type among the registered business types as the exhibition scope, confirm their own institutional types, and submit applications for changes in institutional types and business types through the "comprehensive management platform for asset management business" to implement the principle of professional management. The manager of this kind of private equity fund can only submit the filing application of new private equity fund after completing the confirmation of the change of institution type and business type.

For the existing private equity funds managed by the manager of this kind of private equity fund, if the fund type is inconsistent with the business type selected by the manager in the "Integrated Management Platform for Asset Management Business", the investment operation can be continued before the expiration of the fund contract, articles of association or partnership agreement (hereinafter referred to as the fund contract), but it is not allowed to open the subscription or increase the offering scale before the expiration of the fund contract, and liquidation or liquidation can not be extended after the expiration of the fund contract; At the same time, the association will give special tips on this situation in the public information of relevant private equity funds. Managers of such private equity funds shall disclose information to relevant private equity investors in a timely manner to safeguard the legitimate rights and interests of investors.