First, the legal subjects are different.
At present, private equity investment funds are operating funds of limited liability companies, joint stock limited companies and partnership enterprises established according to the Company Law of People's Republic of China (PRC) and the Partnership Law of People's Republic of China (PRC). Trust companies operate trust plans in accordance with the People's Republic of China (PRC) Trust Law, the Banking Supervision Law of the People's Republic of China, the Measures for the Administration of Trust Companies and the Measures for the Administration of Trust Companies' Collective Funds Trust Plans.
Second: different management institutions.
Private equity investment funds are registered in the administrative department for industry and commerce according to the mode of enterprise operation, and then filed in the National Development and Reform Commission or the Financial Office (in different places); Trust companies are subject to the supervision of China Banking Regulatory Commission.
Third, the business approval mechanism is different.
Private equity investment funds shall be filed with relevant government departments for supervision afterwards; Some trust plans need to be reported in advance, such as the current real estate trust plan.
Fourth: there are differences in the number of people.
Private equity investment funds are limited to no more than 50 people; The trust plan does not limit the number of qualified institutional investors except 50.
fifth ......
I hope the above answers can help you.