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Can the private equity fund platform transfer money?
Private equity platform can transfer money. The raising account of private equity funds is generally opened by a custodian institution or an operation outsourcing service institution; Private equity fund custody accounts are generally opened by private equity fund custodians. All the above institutions must be approved by the fund industry association. Before the product was established, the investor's subscription money was paid to the fund-raising account. After the product is established, the custodian will open an escrow account and transfer the funds from the raised account to the escrow account. Therefore, investors must first confirm whether the name of the raising account in the fund contract is accurate. All subjects who meet the qualification of private equity fund agency must follow the account opening system established by the fund manager, that is, the fund manager will jointly open a special account for private equity fund raising and settlement funds with the regulatory agency, and will also sign a regulatory agreement.