Private equity investment (also known as private equity investment or private equity fund) is a very broad concept, which refers to the investment in any kind of equity assets that cannot be traded freely in the stock market. Passive institutional investors may invest in private equity investment funds, which are then managed by private equity investment companies and invest in target companies. Private equity investment can be divided into the following categories: leveraged buyout, venture capital, growth capital, angel investment, mezzanine financing and other forms. Private equity investment funds generally control the management of the companies they invest in and often introduce new management teams to enhance the company's value.
Collective asset management business is a kind of value-added wealth management service provided by securities companies approved for innovation pilot. At present, only innovative securities companies are qualified to carry out this business. Innovative securities companies require the net capital of comprehensive brokers to be above 800 million yuan, and the net capital of brokerage brokers to be above 1 100 million yuan. Only after passing the examination and approval can they be qualified to engage in various innovative activities.