Private equity investment is also called PE (private equity? Equity), according to the division of investment fields, private equity funds invest in the equity of unlisted companies, that is to say, only those who invest in the equity of unlisted companies can be called private equity funds. Equity investment in unlisted companies can recover the investment income and cost through the listing and circulation of future enterprises, and can also be withdrawn through mergers and acquisitions or the transfer of old shares.
VC: Venture capital? capital
VC (venture capital? Capital), that is, venture capital, also known as venture capital, is mainly a financing method to provide financial support for early enterprises and obtain shares in the company. Venture capital is a form of private equity investment. Venture capital companies are usually composed of a group of people with knowledge and experience in science, technology and finance. Through the professional judgment of early projects, provide necessary funds and other help for outstanding projects and entrepreneurs.
Angel: Angel? investment
Angel: Angel? Investment is angel investment. Angel investment focuses on start-ups, usually with low investment amount, greater risk than PE and VC, and the highest potential return space. In China, angel investment has gradually changed from initial personal investment to institutionalization, and a number of excellent angel institutions have rapidly grown into an important force in the angel investment market.
Enterprise development stage and corresponding financing;
Angel investment? VC？ PE？ Before listing
FOF: fund? Yes? fund
FOF: that is, the parent fund (fund? Yes? Fund) is a fund that indirectly invests in PE-invested project companies by investing in private equity funds. Because the parent fund collects the funds of many investors and distributes among many top funds, it usually has the characteristics of relatively low threshold, high security and stable return on investment.
GP: average? partner
General partner (ordinary? Partners), generally refers to the management of private equity investment funds. The general partner is usually responsible for the investment and daily operation management of the fund, and is jointly and severally liable for the debts of the partnership.
LP: limited? partner
LP: limited partner (limited? Partner) refers to the investors of private equity funds, including natural persons and institutions. Limited partners are liable for the debts of the partnership to the extent of their subscribed capital contributions.