Private Equity Fund The Chinese term "private equity fund" does not have a corresponding word in the legal codes and English dictionaries of some foreign countries.

Private placement is compared to public offering. It is based on the difference in the method of issuing securities, whether to issue securities to the unspecified public or to the public. It is defined as public placement and private placement, or public placement and private placement.

securities.

Fund, as a collective investment system managed by experts, has dozens of fund titles abroad, classified from different perspectives, such as contractual funds and corporate funds according to organizational form; divided according to the establishment method

, there are closed-end funds and open-end funds; according to investment objects, there are stock funds, money market funds, option funds, real estate funds, etc.; from other perspectives, there are growth funds, offshore funds, umbrella funds, funds

funds, etc.

However, I searched through the names of these funds and did not find the English word "privately offered fund" (privately offered fund) in the official documents that combined "private equity" and "fund".

In recent times in my country, "private equity funds" or "underground funds" often referred to in the financial market often refer to securities investment funds that are supervised by the competent authorities of the Chinese government and publicly issue beneficiary certificates to unspecified investors. A kind of collective investment that is not publicly promoted and privately raises funds from specific investors.