Hey, what's the difference between the establishment of private equity fund and the establishment of Public Offering of Fund?
1. The object proposed is different.
The target of public offering funds is the general public, that is, socially unspecified investors; The target of private equity fund is a few specific investors, including institutions and individuals.
2. Different financing methods.
Public offering funds raise funds through public offering; Private equity funds raise funds through non-public offering, which is the main difference between private equity funds and Public Offering of Fund.
3. Information disclosure requirements are different.
Public Offering of Fund has very strict requirements on information disclosure, including its investment objectives, investment portfolio and other information. Private equity funds have low requirements for information disclosure and strong confidentiality.
4. Different investment restrictions.
Public Offering of Fund has strict restrictions on the types of investment, the proportion of investment and the matching between investment and fund types; The investment restrictions of private equity funds are completely stipulated by the agreement.
legal ground
Article 2 of the Interim Measures for the Supervision and Administration of Private Equity Investment Funds stipulates that private equity investment funds refer to investment funds established in People's Republic of China (PRC) by raising funds from investors in a non-public way. The investment of private equity fund property includes buying and selling stocks, equity, bonds, futures, options, fund shares and other investment targets agreed in investment contracts.
Second, the top five domestic fund companies 202 1.
1, Tian Hong Fund
Tian Hong Fund is one of the national Public Offering of Fund management companies established in 2004. In 20 13, its Yu' ebao changed the new format of the whole fund industry, and now it has become the largest single fund in China, and the scale of public offering asset management has always been in the leading position in the industry.
2. Huaxia Fund
Huaxia Fund was established on 1998, and was jointly funded by Huaxia Securities, Beijing Securities and China University of Science and Technology International Trust and Investment Co., Ltd. It is one of the fund companies with the largest assets under management, the largest number of funds under management and the most complete variety in China. Over the years since its establishment, the company's comprehensive strength has been among the top three in the industry.
3. E Fund
E Fund was established on 200 1, and it is also one of the largest Public Offering of Fund management companies in China. Since its establishment, the company has been focusing on asset management business. 202 1, 1, E Fund is spread all over the network. The newly issued E Fund's competitive advantage enterprise hybrid fund finally raised 237.4 billion yuan, setting a new record for the single public offering scale of the fund. Up to now, its total assets management scale has exceeded 2.5 trillion yuan.
4. Huitianfu Fund
Founded in 2005, Huitianfu Fund is one of the first-class comprehensive asset management companies in China. The company is mainly engaged in fund raising, fund sales and asset management. The fund products cover various types such as stock funds, bond funds and hybrid funds.
5. Guangfa Fund
Established in 2003, Guangfa Fund is one of the largest fund companies with the strongest comprehensive asset management capabilities in China. With abundant capital and rich investment management experience, the company is committed to providing products and services according to the different needs of users.