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Does the issuance of private equity funds require administrative approval?
The issuance of private equity funds requires administrative approval. According to the relevant public information inquiry, according to the provisions of the Private Placement Measures, private fund managers must register with the China Securities Regulatory Commission and obtain the registration certificate of private fund managers before issuing private funds. The issuance of private equity funds needs to comply with the Interim Measures for the Supervision and Administration of Private Equity Funds and other regulatory provisions to ensure compliance.