Non-standard private equity funds refer to private equity funds that invest in non-standard assets. The definition of nonstandard assets is as follows: nonstandard creditor's rights assets refer to creditor's rights assets that are not traded in the interbank market and the stock exchange market, including but not limited to credit assets, trust loans, entrusted bonds, acceptance bills, letters of credit, accounts receivable, various beneficial rights, equity financing with repurchase clauses, etc.

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