Legal analysis: Private equity fund contracts should cover the following contents: risk warning; Letter of commitment from qualified investors; Both parties to the contract; Preface; Interpretation; Declarations and commitments; Basic information of the fund; Fund share raising; The establishment of the fund; Subscription and redemption of funds; Rights and obligations of fund parties; Fund share registration; Investment of the fund; Designation and change of investment manager; Property of the fund; Sending, confirmation and execution of investment fund transfer instructions; Fund settlement arrangement; Ultra vires transaction processing; Valuation and accounting of fund assets; Fees and taxes of the fund; Income distribution of the fund; Information disclosure; Alteration and termination of the fund contract and liquidation of the fund property; Liability for breach of contract; Handling of disputes; The effectiveness of the fund contract; Other matters.

Legal basis: Article 20 of the Interim Measures for the Supervision and Administration of Private Equity Funds takes the fund contract, articles of association or partnership agreement formulated and signed by the raised private equity fund as the fund contract.