Is Eurasia Group a state-owned enterprise or a private enterprise?

Private enterprises. State-owned enterprises refer to enterprises owned, operated or controlled by the state, including enterprises at the same level supervised by the central and local state-owned assets supervision and administration institutions and enterprises with gradually formed investments. Private enterprise is a legal person economic entity with private investment, private operation, private enjoyment of investment income and private undertaking of business risks. Eurasia Group is an enterprise invested, operated and managed by individuals rather than the state. Therefore, Eurasia Group is a private enterprise.