私募基金,是指通过非公开方式,面向少数特定对象的机构投资者募集资金而设立的基金。PE(私募股权投资基金)是私募基金的一种,它通过私募形式,对非上市企业进行权益性投资,投资者按其出资份额分享投资收益、承担投资风险。在交易实施过程中附带退出机制,投资者可通过上市、并购或管理层回购等 Private equity funds refer to the funds that are set up through fund raising by institutional investors in private and minority-specific targets. PE (Private Equity Investment Fund) is a kind of private equity fund. It makes equity investments in non-listed companies through private placement. Investors share investment income according to their share of investment and bear investment risk. In the implementation of the transaction with the exit mechanism, investors can go public, mergers and acquisitions or management buy-back