To apply for registration as a private equity fund manager, the private equity fund manager submits it to the association for processing. It should be noted that,If the registered company is a limited liability company,What is submitted to the Fund Association is the Articles of Association,If you are registering a limited partnership,The information submitted is a limited partnership agreement。
in addition,The following information needs to be submitted: invest、Risk control、internal control、Employee personal transactions、information leakage system; Control relationship diagram between actual controller and manager; itself、shareholder、Actual controller’s business license and subject qualification certificate,involving foreign investment、Hongkong、Taiwan Macau,An investment enterprise approval certificate is also required。 Fund type and whether there is custody and custody agreement,All need to be uploaded to the association website。
- 4Fund establishment and product issuance
Things to note
:A fund product must be successfully registered six months after obtaining the license,Otherwise, the license will be revoked。 product type:Currently, contractual funds are commonly used,Especially equity investment。 Product solicitation:Including shareholder investment and externally introduced institutional fundraising with a fund sales license,such as bank、Futures Company、Third-party financial management companies, etc.。
Product registration:After the product is established, fund product registration must be done in the fund industry association system, Li Wenge shared.,Fund leverage can also be used,Leverage big funds with less funds,To weigh the risks and benefits。
Essential terms of the fund contract 1:【Basic situation】Name、place、Business scope、Partnership term 2:【Partners and Exit】 3:[Partner Rights and Obligations] 4:【Executive Partner】 5:【Partner Meeting】 6:【Management method】 7:【Custody matters】 8:【Join、return the goods、Transfer of partnership interests and change of identity] 9:【Investment matters】 10:[Profit distribution and loss bearing] 11:[Tax Liability] “The 11 items in the fund contract seem to be in a standardized format.,But every business is different。
Li Wenge reminded,Especially the joining of partners、quit、Transfer of partnership interests and changes in taxes,Profit distribution and loss bearing must be carefully arranged;Especially tax liability,It is necessary to change the macro design before registering the company and filing it.,If the early design is not perfect,It will be difficult to adjust later when there are real gains.。
- 5Fund Raising Fund Raising generally involves public promotion of the institution’s brand、specific object identified、Investor suitability matching、Fund risk disclosure、Qualified investor confirmation、Sign the fund contract、investment cooling off period、Return visit confirmation、Investment operations, etc. 9 steps,Can be performed by jumping。 “The core of private equity is capital。"Li Wenge said,Strictly follow the fund management regulations,Set up a dedicated account for management。
Specifically,Capital flows of private equity funds,It’s the money in investors’ pockets,Enter private equity fund management account,Invest in projects/enterprises;Funds and income flow back from the project/enterprise to the private equity fund account,Redistribute to investors,“Pay attention to procedures and tax benefits”。
In terms of subsequent operations,Li Wenge said,Private equity funds want to achieve big returns and return,Investment projects must be followed up at all times,In-depth project management,Work with the company to complete the project,to reduce risk,increase revenue,Protect the interests of investors。
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