The main participants of partnership funds are general partners, limited partners and fund managers. The general partner shall bear unlimited joint and several liability for the debts of the fund (partnership), and the limited partner shall be liable for the debts of the fund (partnership) to the extent of the capital contribution subscribed by him. The general partner may act as the fund manager by himself or entrust a professional fund management institution to act as the fund manager. Limited partners do not participate in investment decisions.