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What is a private fund manager? How to understand?
Private placement network answers for you:

According to the Measures for Registration and Fund Filing of Private Fund Managers, private fund managers refer to companies or partnerships whose assets are managed by fund managers or general partners for the purpose of investment activities.

chapter two

Fund manager registration

Article 5

Private fund managers shall go through the registration procedures for fund managers with the fund industry association and apply to become members of the fund industry association.

Article 6

When applying for registration, a private equity fund manager shall truthfully fill in the basic information of the fund manager, senior managers and other employees, shareholders or partners and managed funds through the private equity fund registration and filing system.