Briefly introduce some conditions for the registration and filing of private placement managers:

1: main company

(1) According to the regulations of the Association, the main company must be an investment company, and the company name and business scope must include (investment management, asset management, equity investment and fund management), such as: XXXX Investment Management Co., Ltd., XXXX Equity Investment Co., Ltd., XXXX Fund Management Co., Ltd. and Equity Investment Fund Management Co., Ltd.; In addition, the company type can be limited partnership besides limited company; For example, XXXX investment partnership, XXXX fund management center (limited partnership) and so on. In addition, be careful not to write "investment consulting" in the business scope.

(2) The company cannot be associated with microfinance companies, financial leasing companies or commercial factoring companies;

(3) The registered capital is more than 6,543,800,000, and the paid-in amount is more than 25%, preferably more than 30%, or the registered capital is 20,000,000, which helps to improve the filing pass rate;

(4) The main company cannot have bad information records;

(5) Investment companies are basically unable to register now, and they can only buy enterprises that are not operating in the market. It is understood that only Horgos can register;

(VI) Registered address The registered place of a private equity fund company may be different from the actual business address;

2: Personnel

(1) There are 3 or more equity executives and 4-5 securities executives; Require senior executives to have corresponding qualifications;

(2) Senior executives have college education or above, have professional qualifications, and preferably have relevant financial experience;

(3) Executives cannot work in companies such as microfinance, financial leasing and commercial factoring;

(4) It is best to have 5- 10 employees. Organizational structure: General Manager, Investment Department, Risk Control Department, Administration Department, Marketing Department, Personnel Department, etc. , each has 1-2 employees, of which the general manager, risk control director and investment manager are best full-time, and others can work part-time.

3: Location

Need actual office space, with company logo, lawyers will do their best to meet the normal work of all employees of the company and appropriate office equipment;

4. Institutional text

According to the association and the company's own situation, prepare institutional documents, generally there are 9-23 institutional documents (don't copy all other templates, the association is very strict in reviewing this aspect now, and it is necessary to prepare strictly according to its own situation, and a few are not important, but it is important to match with its own company).

5. License plate type:

According to the latest revision notice of the China Foundation, private fund managers can be divided into the following three types. When planning, the fund manager shall specify the type of the fund manager and the types of the following fund products, so as to facilitate the arrangement of the following matters. I. Private equity investment fund managers

B. private equity and venture capital fund managers

C. Other private investment fund managers

6. Fund product types can be divided into the following 9 categories:

1) equity fund

Refers to the private equity fund that invests more than 80% (inclusive) of its assets in stocks or equity funds according to the investment scope agreed in the contract.

2) Fixed income fund

It refers to the private equity fund that invests in financial products such as bank deposits, standardized bonds, bond funds, stock pledged repo, bank wealth management products with expected returns, trust plans and other assets with an asset ratio higher than 80% (inclusive) according to the investment scope agreed in the contract.

3) Mixed funds

Refers to the private equity investment fund whose investment scope as agreed in the contract includes stocks, bonds and money market instruments, but the main investment direction is not clear.

4) Futures and other derivatives funds

Refers to the investment scope agreed in the contract, mainly investing in financial derivatives such as futures and options, as well as senior private equity investment funds.

5) M&A Fund

Refers to the private equity fund that mainly buys the equity of enterprises in the reconstruction period.

6) Real estate funds

Refers to private equity funds engaged in the development of first-class real estate projects, including real estate funds invested in mezzanine mode.

7) Infrastructure Fund

Refers to private equity funds investing in infrastructure projects, including infrastructure funds invested in mezzanine mode.

8) Listed companies will increase their capital.

Refers to the private equity investment fund that mainly invests in the private placement of listed companies.

9) Red wine art and other commodity funds

It refers to a private investment fund that takes artworks, red wine and other commodities as investment objects.

Choose one or more according to your actual needs. According to the latest feedback information from the Association, "Apply for business types and suggest specialized operation", it is suggested that managers only apply for one fund license type temporarily when the company team and departments are not enough, and then increase the types after the team is expanded, so that the chances of passing the examination of the Association are relatively high.

7. Legal advice:

It is necessary to invite a professional law firm to conduct due diligence, complete legal opinions according to the requirements of the association, and submit them when the private fund manager system applies for a license.