On the subject of establishment, the company-based private equity fund needs to pay attention to the legal limit of no more than 200 investors, including no more than 50 limited liability companies and no less than 6,543,800 yuan for a single investor.

The number of investors is consistent with the number of shareholders stipulated in the Company Law. The Company Law stipulates that the maximum number of limited liability shareholders is 50, while the maximum number of shareholders of a joint stock limited company is 200.

Regarding the minimum amount of registered capital, in accordance with the provisions of the Company Law, if there are higher provisions in laws and administrative regulations, those provisions shall prevail. According to the filing conditions stipulated in the above Interim Measures for the Administration of Venture Capital Enterprises, the paid-in capital of the company is not less than 30 million yuan. According to this regulation, the paid-in capital of venture capital enterprises is not less than 30 million yuan, but the registered capital is vague.

Extended data

Private equity funds are developing rapidly all over the world. The main form of private equity funds is hedge funds, which are investment tools designed for investors who pursue maximum returns.

Hedge funds are different from mutual funds. The latter is generally a public offering, which requires public portfolio and public supervision. Hedge funds are not regulated by the government because of their private investment nature, but it does not mean that they are not regulated at all. Generally speaking, there are external supervision of creditors (loan banks) and internal supervision of partnership investors.

Up to now, there are more than 4,000 kinds of hedge funds in the world, with a total scale of more than 400 billion US dollars. Although the quantity and scale are not as good as * * *, the development momentum is strong. Well-known funds such as Buffett's fund, Soros Quantum Fund and long-term capital company LTCM are all hedge funds. Although hedge funds were in a difficult situation in the previous two years, their profitability has rebounded since 2000.

The rapid development of private equity funds around the world proves its tenacious vitality. This is related to the advantages of private funds over public funds.

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