I. Classification of primary market funds
The invested enterprises are in the initial stage (seed stage), and these primary market funds are usually called angel investment and become angel funds. The money invested by others is the seed wheel and angel wheel that we have heard of. The investment scale is generally small, generally not exceeding 6.5438+million. The invested enterprises are in the early and middle stages of development (growth period). These primary market funds are usually called venture capital. Patients will generally invest in the A and B rounds of enterprises, and in some cases, they will also involve the follow-up of Angel Round or C Round. The investment amount is relatively large, generally ranging from 65.438+million to several hundred million yuan. The invested enterprises are in the late stage of development (maturity), and these primary market funds are usually regarded as private equity investment. They usually invest in the last few rounds of enterprises, and the invested enterprises are generally profitable and ready to go public. The investment is very large, generally ranging from several hundred million yuan to several billion yuan.
Second, the secondary market Public Offering of Fund job classification.
Investment Management: Investment Strategy Department. Responsible for formulating specific investment strategies. Every day, the investment manager will read all kinds of research reports of sellers and buyers, visit some companies on the spot, listen to roadshows and so on, and decide what kind of company to buy with his own money. Trading department. Investment managers of secondary market funds cannot buy stocks directly, and patients usually need to submit orders to the trading department before placing orders. Research department. Study the seller's research report for further processing and turn it into your own buyer's research report to support investment strategies and transactions. Marketing. Secondary market funds mainly rely on direct selling funds, brokers of official website, App and consignment banks for fund sales. Corresponding to the marketing department and the institutional finance department. The withdrawal of funds from the primary market is completed through IPO, merger, share repurchase and liquidation. Risk control of fund operation. Mainly corresponding to the background of Kim Jae Jung, and domestic enterprises are basically the same, and will not be introduced. It is suggested that there should be some net accounting funds, and the fund accounting of daily liquidation belongs to the background of Kim Jae Jung.
In short, there are still many job classifications of fund companies, and the division of labor is very clear. The primary market funds are usually divided into pre-investment, mid-investment and post-investment types due to the lack of functional requirements in the middle and back office.
Like a law firm.
So the service quality is different?