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How to open a private fund raising account?
How to open a private fund raising account? If the private equity fund has a custody outsourcing institution, the outsourcing institution will independently open a special account for raising funds. If there is no outsourcing, it is necessary to open a joint account or other forms of supervision account in the bank.

Private placement rules:

First of all, the contents that fundraising institutions can publicize to unspecified objects through legal channels are limited to information such as private equity manager's brand, investment strategy and management team. Secondly, after completing the process of identifying specific objects through questionnaire survey, the fundraising institution can publicize and promote specific private placement products to specific objects; Finally, the fund-raising institution can only sign the fund contract after completing the confirmation procedure of qualified investors.

At the same time, the "Measures" established six obligations for the fundraising behavior of fundraising institutions:

First, in the unspecified target group, through the questionnaire survey of investors' risk identification ability and risk tolerance, select specific targets as potential customers;

Second, according to the requirements of investors' appropriate management, promote private placement products that match their risk identification and tolerance for specific targets;

Third, fully reveal the risks of private fund products, which not only ensures private placement, but also prompts risks;

Fourth, the fundraising institution must conduct a substantive examination of the relevant qualifications of qualified investors, requiring investors to issue relevant certificates of qualified investors before signing contracts, and explicitly prohibiting illegal splitting and transfer;

Fifth, a mandatory cooling-off period for investment should be set. Drawing lessons from the best practices of the industry, international practices and the provisions of the Insurance Law, during the cooling-off period, fundraising institutions may not contact investors actively, and according to the fund contract, investors have the right to terminate the fund contract during the cooling-off period.

Sixth, explore the return visit confirmation system, in which the non-fundraisers of fund-raising institutions perform the return visit procedures to further confirm the identity and true investment will of investors, and the investment funds can be used only after the confirmation is successful. The return visit confirmation system is not only an important embodiment of the principle of "know your customer", but also can curb the negative impact of "flying orders" on the private equity industry.