Private equity funds can not be raised from the public, but only for specific groups, which can be individuals or institutions.
2. The requirements for investors are different. Public Offering of Fund's requirements for investors are very low, as long as everyone has money, they can buy them, so most people are in line with Public Offering of Fund's fundraising targets. Private equity funds have very high requirements for investors. Under normal circumstances, investors are required to have more than 3 million financial assets, and the average income in the past three years has reached more than 500,000, so fewer people meet private equity funds.
3. The investment threshold is different. Public offering funds have low requirements for investors. Many Public Offering of Fund 10 yuan can be bought, and some money funds can even buy more than one yuan. The investment threshold of private equity funds is relatively high. Under normal circumstances, it needs more than 6.5438+0 million, or even more than 3 million.
4. The size of the fund is different. Public offering funds can raise funds from the public, so there are many investors. A Public Offering of Fund may have tens of thousands or even hundreds of thousands of investors, such as Tian Hong Yu 'ebao Fund, and even tens of millions of investors. However, the number of investors in private equity funds is generally small. Under normal circumstances, it will not exceed 200. If the number is too large, it may be suspected of illegal fund-raising. Under normal circumstances, the LP of a company fund limited company shall not exceed 50, that of a joint-stock company shall not exceed 200, and that of a partnership fund shall not exceed 50.
5. The investment targets are different. The general investment targets in Public Offering of Fund are relatively safe, mainly treasury bonds, bonds, stocks, money funds, central bank bills and interbank deposits. As the main investment target; In addition to some sunshine private placements, private investment is more about investing in some non-standard assets. For example, some private equity investments mainly invest in the equity of enterprises, and then the enterprises withdraw after the listing of the Third Board.
6. Information disclosure is different. Public Offering of Fund is aimed at the general public and is the main fund method in the market. Therefore, Public Offering of Fund is under strict supervision and there is a lot of information to be disclosed. Public Offering of Fund's investment objectives, investment portfolio, net product value, investment manager and other information need to be disclosed. Private equity funds generally don't disclose much information to the outside world. Basically, only internal investors know the specific information of the project, which is relatively confidential.
7. Different investment periods. Public Offering of Fund's investment period is relatively flexible. Under normal circumstances, it is necessary to confirm the share, start calculating the income and distribute the income. Under normal circumstances, the proceeds can be sold after settlement, so the investment period is very flexible. The duration of private investment is generally longer. Under normal circumstances, the investment cycle of a project needs to be between 2 and 5 years, and some projects have a long investment return cycle, even 10 years. 8. The return on investment is different. The investment risk of private equity fund is much higher than that of Public Offering of Fund, because the target of private equity fund investment is generally non-standard assets. Because of the relatively high risk, the potential investment income of private equity funds is also relatively high. If some projects perform well, they can even achieve several times or even more returns. For example, many private equity institutions can get a very high rate of return when they invest in a company after listing. Compared with private equity funds, Public Offering of Fund's return on investment is relatively high, but it cannot be compared with private equity funds. In general, unless there is a very good market, it is difficult for Public Offering of Fund to double its income.