Compared with public offering, private offering is defined as public offering and private offering, or public offering and private offering according to different securities issuance methods and whether securities are issued to unspecified public.

The "private fund" or "underground fund" often mentioned in the financial market is a collective investment that does not publicize publicly and raises funds privately from specific investors. There are basically two ways, one is a contractual collective investment fund based on signing the entrusted investment contract, and the other is a corporate collective investment fund based on * * * contributing shares to establish a joint-stock company.

Extended data:

Private equity funds correspond to "public offering". Public Offering of Fund is a common open-end or closed-end fund in our life. In the face of public offering, the domestic starting point is generally 1 ,000 yuan or 1 ,000 yuan.

Private placement belongs to "rich people" funds, and the starting point for entry is relatively high. The starting point in China is generally 500,000, 1 10,000 or even higher, and the number of fund holders is generally no more than 200. Large private placements are often raised through trust companies, and it is difficult for ordinary investors to join.

Private equity institutions that always hide behind the scenes are undoubtedly the most dazzling stars in the investment and wealth management market, and their investment performance is generally higher than that of Public Offering of Fund. In contrast, it is simply not worth mentioning that funds and brokers collect wealth management.

Baidu encyclopedia-private equity fund