1. Can private equity funds be transferred?
Private equity fund shares can be transferred according to law, but if investors transfer fund shares, the transferee shall be a qualified investor, and the number of investors after the transfer of fund shares shall meet the requirements.
Second, how to transfer the shares of private equity funds
1. If the manager transfers the shares or rights and interests of the private equity fund in the quotation system, the transaction can be made through negotiation or click on the transaction.
2. The administrator can choose one or more transfer methods at the time of transfer registration and disclose them in the quotation system.
3. Participants who transfer the shares or rights of private equity funds in the quotation system may sign the transfer agreement in the form of electronic contract in the quotation system.
4. Where the duration of the private equity fund expires or the partnership or company is dissolved, the manager shall apply to terminate the transfer of the private equity fund.
5. Private equity funds shall be raised or transferred to qualified investors, and the cumulative number of investors in a single private equity fund shall not exceed the provisions of laws and regulations.
6. If the private equity fund established according to the private equity fund contract is raised or transferred in the quotation system, it can be registered and settled through the quotation system registration and settlement institution or other institutions recognized by the China Securities Regulatory Commission. Where other institutions recognized by China Securities Regulatory Commission are entrusted to handle the registration and settlement, other institutions recognized by China Securities Regulatory Commission shall sign a cooperation agreement with the market monitoring center and submit the registration and settlement information to the quotation system.
7. Corporate and partnership private equity funds shall apply to the administrative department for industry and commerce or other authorized institutions for registration in accordance with relevant laws and regulations. Before the quotation system is transferred, the manager shall submit the information of private equity fund owners to the quotation system; After the transfer, the manager should feedback the change registration result of the private equity fund owner to the quotation system.
The types of private equity investment funds mainly include:
A. growth fund. Invest in growing enterprises.
B.M&A fund. Mainly invest in stable growth enterprises by holding shares. These enterprises can usually provide financial statements that reflect their profitability or potential for more than three consecutive years, and help the acquired enterprises establish their market position through internal restructuring and industry integration.
C. restructuring the fund. Focus on providing financial assistance to enterprises caught in the financial crisis.
D. mezzanine fund. Usually in the form of a combination of stocks and bonds to invest in enterprises that are in a stable growth period before listing.
E. real estate funds. Direct investment in real estate-related projects to obtain income.
F. infrastructure fund. Invest in infrastructure projects.
G. parent fund. Invest in other funds, collective plans, special funds, etc.