1, registered in China Asset Management Association according to law;

2, in the name and business scope marked "private equity fund" and other words that reflect the characteristics of private equity fund entrusted management;

3. The investor shall not conceal the relationship or cancel the relationship;

4. Other conditions.

legal ground

Article 3 of Several Provisions on Strengthening the Supervision of Private Investment Funds

Without registration, no unit or individual may use the terms "fund", "fund management" or similar names to engage in fund raising, fund management and other private fund business activities, except as otherwise provided by laws and administrative regulations.

Private fund managers should indicate the words "private fund" and "private fund management" in the name and business scope, reflecting the characteristics of entrusted private fund management. The place of registration of the private equity fund manager and the place where the main office is located shall be within the administrative areas of the same province and cities under separate state planning.

Article 5

Investors of private fund managers are not allowed to hold, circulate, cross-invest, have too many levels and complicated structures, and are not allowed to conceal or dissolve the relationship. If the same unit or individual holds or actually controls more than two private fund managers, it should be reasonable and necessary to set up multiple private fund managers, fully, timely and accurately disclose the business division of each private fund manager, and establish a sound compliance control system.