Investment advisers' role in private equity investment trusts

April 16, 2009 | BY

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Tomy Xia and Kelly XiLlinks Law [email protected], [email protected] to systems and mechanisms, it is difficult for trust companies…

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Tomy Xia and Kelly Xi

Llinks Law Offices

[email protected], [email protected]

Due to systems and mechanisms, it is difficult for trust companies to independently carry on private equity (PE) investments. Therefore, investment advisers have been introduced to PE investment trust products (PE assembled funds trust plans).

Legal status of investment advisers

Article 400 of the PRC Contract Law provides that, with the consent of the principal, the agent can