1. Private equity fund shares belong to trust property and are valuable property.
According to Article 70 of People's Republic of China (PRC) Securities Investment Fund Law, fund share holders have the property rights to share the proceeds of fund property, participate in the distribution of the remaining fund property after liquidation, transfer or apply for redemption of their fund shares according to law.
2. Private equity fund shares are transferable.
Article 48 of People's Republic of China (PRC) Trust Law stipulates that "the beneficiary's trust beneficial right can be transferred and inherited according to law". Article 70 of the Fund Law stipulates that fund share holders have the right to transfer or apply for redemption of their fund shares according to law, that is, the right of fund share holders to obtain fund income. In addition, fund holders also have identity rights, such as the right to participate in and vote in the fund share holders' meeting in the Fund Law, and the right to consult or copy publicly disclosed fund information. Security right is to use the exchange value of secured property. Private equity fund share is a kind of transferable property. As the object of security right, legally speaking, there is no obstacle to the pledged fund share, which not only protects the creditor's rights, but also protects the debtor's interests.