There are three differences between FOF and MOM: 1. The investment target of FOF is funds, so FOF invests in products, while MOM collects outstanding fund managers and entrusts their management in the form of sub-accounts, so MOM invests in people; 2.

Since FOF invests in fund products, the fund has certain subscription and redemption dates, while MOM can flexibly and dynamically adjust funds and strategies. MOM's liquidity is better than FOF; 3. When purchasing FOF products, you need to pay a double-layer management fee. When purchasing MOM,

You only need to pay the sub-fund management fee, which is lower.

For private placement, you can go to Private Equity Pai Pai Network to learn about it.