The organizational form of private equity funds generally adopts limited partnership system. Partnership funds include limited partners and general partners. The former (LP) is similar to the company's shareholders, and bears limited liability to the extent of capital contribution, but does not participate in the daily operation and management of the fund, and its income is the company's profit share; The latter (GP) is a professional fund manager. As the legal representative, GP is responsible for the establishment of fund management companies and the daily operation and management of funds. Revenue is management fee and profit sharing, and profit is 20% of the company's profit. Private equity funds can be divided into commercial banking business and venture capital business according to investment industries.