Funds are usually called funds, including open-end and closed-end funds. Now the scale of funds is relatively large, and the impact on the market is also relatively large.
Public offering is actually an open-end fund. Private placement is relative to public offering, and he is not allowed to openly recruit. Compared with public offering, his profit model is different, mainly management fees and profit commission. Therefore, he values the performance of the fund more than the public offering. Therefore, if you have certain strength, you can choose private equity income, which may be better.