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Minimum subscription amount of private equity funds
Legal analysis: The minimum raised amount of private equity fund is 6,543,800 yuan. 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. Private equity funds are raised by means other than mass communication, and promoters set up investment funds to invest in securities by collecting funds from non-public multi-subjects. According to the new requirements, the "qualified investors" of private equity funds should have the corresponding risk identification ability and risk-taking ability. The amount invested in a single private equity fund cannot be less than 6,543,800 yuan. The investor's personal net assets are not less than 6,543,800 yuan, personal financial assets are not less than 3 million yuan, and the average annual income in the last three years is not less than 500,000 yuan.

Legal basis: Interim Measures for the Supervision and Administration of Private Investment Funds Article 2 These Measures are applicable to private fund managers who privately raise funds from investors, institutions registered with China Securities Regulatory Commission and qualified for fund sales, and members of China Asset Management Association (hereinafter referred to as fundraising institutions) and their employees.

Institutions registered as private fund managers in China Asset Management Association (hereinafter referred to as China Fund Association) can raise their own private funds, and institutions registered in China Securities Regulatory Commission and becoming members of China Fund Association (hereinafter referred to as fund sales organizations) can accept the entrustment of private fund managers to raise private funds. No other institution or individual may engage in fundraising activities of private equity funds.

The term "offering" as mentioned in these Measures includes the promotion of private equity funds, the sale of fund shares (rights and interests), the subscription/subscription of fund shares (rights and interests), redemption (withdrawal) and other activities.