No, according to the relevant provisions of the People's Republic of China (PRC) Securities Investment Fund Law and the Interim Measures for the Supervision and Administration of Private Equity Funds, private equity funds only raise funds from qualified investors, and cannot promise not to lose the investment principal or guarantee the minimum income. Private equity fund managers are not licensed financial institutions. The registration of private fund managers and private funds by China Asset Management Association does not constitute recognition of their continuous compliance and professional investment ability.