If the fund license only refers to the establishment of a private equity investment company to seek registered capital, it has nothing to do with the registration of private equity managers, and the company can be financed whether it is registered or not.
Financing, in a narrow sense, is the act and process of raising funds for enterprises. Broadly speaking, financing is also called finance, that is, the financing of monetary funds and the behavior of the parties to raise or lend funds in the financial market in various ways.