1. The information is opaque, which is more obvious in the field of private equity funds. In the whole process of investment operation management, such as investment plan, fund allocation and project tracking management, there may be the possibility of insufficient information disclosure.

2. Investors' ability to resist risks is low, and the yield of private equity funds is high, which attracts many investors to participate. Although the entry threshold is as high as one million yuan, investors do not have the corresponding ability to resist risks.

3. The qualifications of fund managers are uneven. Private equity funds and fund managers have no requirements for industry access qualifications. There are great differences in fund managers' management ability, industry status and market recognition.

4. The moral hazard is high, and the fund project is established in the form of partnership. Due to the limitation of specialty, region and time, it is difficult for investors to supervise and manage the project. Therefore, the moral hazard of private equity funds is high.

5. Project financing is not professional enough. Project financing requires high practical experience and professional ability, which often exceeds the ability of some private fund managers or management teams.

6. Beware of illegally absorbing public deposits. Private equity funds often advertise with high returns to attract investors to invest. Sometimes even deliberately exaggerates the rate of return, conceals important information of the project, and is suspected of illegally absorbing public deposits.