Private fund: Compared with public offering, the object of raising funds is not the whole society, and there are many investment methods (equity, creditor's rights, etc.). )

Private placement: in fact, the full name is private equity investment fund, which is a kind of private equity fund. The investment mode is mainly capital exchange equity.

Private debt: refers to bonds that are not publicly issued for the purpose of raising funds by means of creditor's rights, and the target of raising funds is mainly investment institutions or investors above designated size.