Private equity funds can be used as capital, but they need to meet the requirements of relevant laws and regulations. For example, Article 63 of the Company Law stipulates: "When a company is established, it shall invest registered capital, which shall be contributed by shareholders in cash or other lawful property." Therefore, private equity funds can be used as capital, but they must comply with the provisions of the company law.

Private equity fund refers to a securities investment fund that raises funds from specific investors in a non-public way and invests in specific objects.