Private equity investment funds manage the relationship between companies and funds.

Private equity investment fund management companies are limited liability companies and generally participate in fund management as general partners. Multiple funds can be established under the organization of the company. The fund is in the form of limited partnership, which consists of general partners (generally fund managers) and limited partners (generally fund investors).

Management companies can't raise funds, only fund companies can raise funds!

In the specific operation process, the fund is the main body of investment, and the fund management company generally manages the fund as the general partner and manager of the fund. These are two independent institutions, and they are related. A fund management company can manage n funds, similar to public offering funds.