Private placement products are different from public offering products, which are mainly aimed at high net worth people and sold to specific people in a non-public way. China's "Measures for the Administration of Private Equity Fund Raising Behavior" stipulates that private equity funds must be raised from specific investors (qualified investors) and may not be publicized. If the entry threshold is too low and there are too many participants, it will degenerate into public offering and lose the nature of private placement. Private equity fund belongs to a kind of trust. At present, the scale of trust is large, and the direct financing function has actually become an important supplement to bank credit. Limiting the financing ability of trust is beneficial to the government's macro-control. It can be seen that trust products such as private equity funds cannot be popularized, and their investment threshold will exist for a long time. The initial investment amount of the wit dividing line private equity fund is at least 6,543,800 yuan, and it needs to meet the requirements of qualified investors. "Qualified investors" refer to units and individuals with corresponding risk identification ability and risk-taking ability, and the investment amount of a single private equity fund is not less than 6.5438+0 million yuan and meets the following relevant standards: units with net assets of not less than 6.5438+0 million yuan; Personal financial assets are not less than 3 million yuan or personal average annual income in the last three years is not less than 500,000 yuan.