Legal analysis: the senior managers of private fund managers refer to directors, supervisors, managers, deputy managers, financial officers, secretaries of the board of directors and other personnel stipulated in the articles of association of corporate enterprises, as well as general partners of partnership enterprises and other personnel stipulated in the partnership agreement. Senior managers are elites in the private equity fund industry, and they are also important self-discipline management and industry service targets. Senior managers in the private equity fund industry should fully cherish personal integrity records, be honest and trustworthy, consciously strengthen their own integrity constraints and self-discipline constraints, and guard against moral hazard. All kinds of private fund managers engaged in private securities investment fund business, and their senior managers (including legal representative, managing partner (appointed representative), general manager, deputy general manager, compliance/risk control person in charge, etc.). ) should obtain the qualification of fund practice. All kinds of private fund managers engaged in non-private securities investment fund business shall have at least two senior executives who have obtained the qualification of fund practice, and their legal representatives \ executive partners (appointed representatives) and compliance \ risk control leaders have obtained the qualification of fund practice. Compliance \ The person in charge of risk control of various private equity fund managers shall not engage in investment business.

Legal basis: Article 23 of the Interim Measures for the Supervision and Administration of Private Equity Funds, private equity service institutions such as private equity fund managers, private equity fund custodians and private equity fund sales organizations and their employees shall not engage in private equity fund business:

(a) to engage in fund property investment activities with its inherent property or other people's property;

(two) unfair treatment of different fund assets under its management;

(3) Taking advantage of the property or position of the fund to seek benefits for themselves or others other than investors, and transferring benefits;

(4) Embezzlement and misappropriation of fund property;

(5) divulging undisclosed information obtained by taking advantage of his position, and using the information to engage in or express or imply others to engage in related trading activities;

(six) to engage in investment activities that damage the fund property and the interests of investors;

(seven) dereliction of duty, do not perform their duties in accordance with the provisions;

(eight) engaged in insider trading, price manipulation and other unfair trading activities;

(nine) other acts prohibited by laws, administrative regulations and the provisions of the China Securities Regulatory Commission.