After the establishment of limited partnership private equity fund, new limited partners can still be allowed to join; Generally speaking, the access of limited partners is decided by the general partners, but some restrictions will be set, for example, limiting the new limited partners to qualified institutional investors and corresponding capital requirements. In addition, it is also necessary to clarify the calculation method of the rights and interests of newly hired limited partners or the compensation scheme for the original partners.

Regarding the withdrawal of limited partners, in practice, the partnership agreement requires limited partners to ensure that they cannot withdraw during the existence of the partnership. In any of the following circumstances, the partner will of course quit:

(1) The natural person as a partner dies or is declared dead according to law;

(2) the individual loses the ability to pay off debts;

(3) A legal person or other organization as a partner has its business license revoked, ordered to close down, revoked or declared bankrupt according to law;

(four) the law or partnership agreement stipulates that partners must have relevant qualifications and lose their qualifications;

(5) All the property shares of the partners in the partnership enterprise shall be enforced by the people's court.