Private placement fund refers to an investment fund established in China by raising funds from investors in a non-public way. The aforementioned investment in private equity funds includes equity, bonds, futures, options, buying and selling stocks, fund shares and so on.

Legal objectivity:

The establishment condition of private equity fund is 1. The name shall conform to the Regulations on the Administration of Name Registration, and the words "investment fund" are allowed to be used in the names of investment enterprises that reach a certain scale. 2. The words "venture capital fund, venture capital fund, equity investment fund, investment fund" in the industry terminology can be used in the name. As an administrative division, "Beijing" is allowed to be used between trade names and industry terms. 3. Fund type: the registered capital (contribution) of the investment fund company is not less than 500 million yuan, all of which are contributed in cash, and the paid-in capital (contribution) at the time of establishment is not less than 654.38 billion yuan; The registered capital shall be fully paid in accordance with the Articles of Association (partnership agreement) within 5 years. "4. The contribution of a single investor shall not be less than 6,543,800 yuan (except for the general partner in a limited partnership). 5. At least three senior managers have experience in the management and operation of equity investment funds or related business experience. 6. The business scope of fund enterprises is approved as: investment, investment management and consulting of non-securities business. (Fund-based enterprises may apply to engage in other business projects outside the above business scope, but may not engage in the following businesses: (1) Lending; (2) publicly traded securities investment or financial derivatives trading; (3) Raising funds publicly; (four) to provide guarantees for enterprises other than the invested enterprises. 7. Managing fund companies: Investment fund management "The registered capital (capital contribution) is not less than 30 million yuan, all of which are in monetary form, and the paid-in capital (actual capital contribution) at the time of establishment". 8. The investment amount of a single investor shall not be less than 6,543,800 yuan (except for the general partner in a limited partnership). 9. At least three senior managers have experience in the management and operation of equity investment funds or related business experience. 10. The business scope of managed fund enterprises is approved as: investment in non-securities business, investment management and consulting. The above are the specific conditions for setting up a private equity fund. I hope it will help you.