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What are the duties and functions of private equity fund custodians?
Legal subjectivity:

Funds can bring some benefits for themselves, and correspondingly, there are certain risks. Every investment has certain risks. Therefore, under certain circumstances, all factors should be considered before investing. 1. Private placement fund: Private placement fund refers to a securities investment fund that collects funds from specific investors in a non-public way and invests in securities. Private equity funds are raised by means other than mass communication, and promoters set up investment funds to invest in securities by collecting funds from non-public multi-subjects. Second, why manage private equity funds: 1. The Securities Investment Fund Law requires that the custodian of fund funds can only be a commercial bank with a custody license. 2. The custodian bank will exercise the function of keeping funds, or audit the occurrence and use of investors' losses after the fund company goes bankrupt. 3. To put it bluntly, it is to avoid fund companies running away. 4. The Bank is the fund custodian bank responsible for fund management and supervision. Third, the characteristics of private equity funds: 1. The return on equity investment is very rich. Unlike creditor's rights investment, which earns a certain percentage of interest income from invested capital, equity investment obtains dividends from the company's income according to the proportion of capital contribution. Once the invested company is successfully listed, the profit of private equity investment fund may be several times or dozens of times. 2. Equity investment is accompanied by high risks. Equity investment usually needs to go through several years of investment cycle, and because it is invested in developing or growing enterprises, the development risk of the invested enterprises themselves is very high. If the invested enterprise ends in bankruptcy, the private equity fund may lose all its money. 3. Equity investment can provide all-round value-added services. Private equity investment not only injects capital into the target enterprise, but also injects advanced management experience and various value-added services, which is also a key factor to attract enterprises. While meeting the financing needs of enterprises, private equity investment funds can help enterprises improve their management ability, expand procurement or sales channels, integrate the relationship between enterprises and local governments, and coordinate the relationship between enterprises and other enterprises in the industry. All-round value-added services are the highlight and competitiveness of private equity investment funds.

Legal objectivity:

Interim Measures for the Supervision and Administration of Private Investment Funds

Article 12

Qualified investors of private equity funds refer to the units and individuals with corresponding risk identification ability and risk-taking ability, and the investment amount of a single private equity fund is not less than 6.5438+0 million yuan, and they meet the following relevant standards:

(1) Its net assets are not less than 6,543,800 yuan;

(2) Individuals whose financial assets are not less than 3 million yuan or whose average annual income in the last three years is not less than 500,000 yuan.

The financial assets mentioned in the preceding paragraph include bank deposits, stocks, bonds, fund shares, asset management plans, bank wealth management products, trust plans, insurance products, futures rights and interests, etc.