The cooling-off period of private equity investment is a necessary link and procedure for fund raising stipulated in the Measures for the Administration of Private Equity Fund Raising issued by China Asset Management Association.

The fund contract shall stipulate that investors shall be given a cooling-off period of not less than 24 hours. During the cooling-off period, the fundraising institution shall not take the initiative to contact investors.

The fund contract shall stipulate that investors shall be given a cooling-off period of not less than 24 hours. During the cooling-off period, the fundraising institution shall not take the initiative to contact investors.