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What is the settlement fund raised by private equity fund?

the settlement funds raised by private equity funds refer to the current funds collected by the raising institutions and transferred between the investor's fund account and the private equity fund property account or the custody fund account.

settlement funds, also known as settlement funds, refer to the current accounts receivable, temporary payment, payable and temporary receipt due to production and business activities of an enterprise, such as sales receivable, purchase payable, other receivables and other payables.