Qualified investors in private equity funds refer to units and individuals with corresponding risk identification and risk-taking ability, with the investment amount of a single private equity fund not less than 6,543.8+0,000 yuan, and meeting the following relevant standards: individuals with financial assets not less than 3 million yuan or an average annual income of not less than 500,000 yuan in the last three years, including bank deposits, bonds, stocks, fund shares, asset management plans, bank wealth management products, trust plans, futures rights and interests, etc. Units with net assets of not less than 6,543,800 yuan.

In addition, the following investors should be regarded as qualified investors: charitable funds, social security funds, enterprise annuities and other social welfare funds and other pension funds; Investment plans established according to law and filed with fund industry associations; Private fund managers and their employees who invest in the private funds they manage; Other investors as stipulated by China Securities Regulatory Commission.

In addition, it should be noted that if a private equity fund is directly or indirectly invested by pooling the funds of most investors in the form of partnership, contract, etc., the private equity fund manager or private equity fund sales organization should thoroughly investigate whether the final investor can be judged as a qualified investor, and the number of investors needs to be calculated together.

However, if there are investors who meet the following conditions, it is no longer necessary to check whether the final investor is a qualified investor, and calculate the number of investors in a consolidated way: social welfare funds such as charitable funds, social security funds, enterprise annuities and other pension funds.

According to the Interim Measures for the Supervision and Administration of Private Investment Funds and other laws and regulations, private investment funds should be raised from qualified investors. Moreover, the cumulative number of investors in a single private equity fund shall not exceed the specific number stipulated by the Securities Investment Fund Law and other laws. Where an investor transfers a fund share, the transferee shall be a qualified investor, and the number of investors after the transfer of the fund share shall conform to the original number. Among them, the number of private equity investors established in the form of limited liability companies or partnerships shall not exceed 50, and the number of other private equity investors shall not exceed 200.