The private equity funds studied by China Private Equity Network are all based on Sunshine Private Equity Fund. Sunshine private equity fund is a product invested in the securities market, which is issued by the trust company platform, filed by the regulatory authorities, and the funds are entrusted by the bank, and the performance and operation reports are regularly publicized.

2. The security of private equity funds

At present, the operation mode of Sunshine Private Equity Fund is basically the same as that of Public Offering of Fund. Funds are managed by banks, securities are managed by trading brokers, and investment instructions are completed by investment consultants and private fund managers. Through this structure, the capital and securities security of Sunshine Private Equity Fund can be fully guaranteed. 3. The characteristics of private equity funds

1) Charge 20% of the excess performance fee. When private equity funds generate profits, private equity fund managers will extract 20% from them as a return. However, the excess performance fee can only be withdrawn after the private equity fund hits a new high every time.

2) Pursue absolute positive returns: the interests of private fund managers and investors are the same, and the fixed management fees of private funds are very small, mainly relying on excess performance fees. Only when investors make money can private placement earn excess performance fees. Therefore, private equity funds need to pursue absolute positive returns and control downside risks relatively strictly.

3) Flexible stock investment ratio: between 0- 100%, it can be called "all-weather" product. Through flexible position selection, systematic risks in the market are avoided.

4) The subscription threshold is higher: each investment of Sunshine Private Equity Fund is generally not less than 654.38+00,000.

5) Flexible operation of private equity funds: At present, the scale of Sunshine private equity funds is usually tens of millions to 1 100 million. Compared with public offering, the total amount is smaller and the operation is more flexible. At the same time, when necessary, private placement can focus on one or two industries and five or six stocks.

6) Generally, there is a closure period of 6- 12 months: Sunshine Private Equity Fund usually has a closure period of 6- 12 months, during which customer redemption is restricted. After the closure period, the net value is generally announced once a month, and the redemption application is open.

Excerpted from China Private Equity Network, there are many introductions on it.