1, GP: GP is a general partner, also called a managing partner. In the limited partnership fund, GP is the investment management institution and plays the role of fund manager. In a fund, GP contributes 1%, but there are cases where it contributes more. GP is mainly responsible for raising, investing, managing and withdrawing, and is responsible for the income of the fund.
2.LP: LP is a limited partner, providing equity investment funds, but has no management rights over the funds. Its right is mainly to enjoy most of the income, but not to participate in the daily management of the fund. In China market, limited partners can be individuals, enterprises, social security councils, China Development Bank, local guiding funds, international funds, etc. , but mainly because they are too scattered and immature, and the number of limited partners who can really be called institutions is limited.