Recently, private equity fund manager registration legal opinion, submitted by Kehui Venture investment fund management Co. Ltd of BSD (briefly know as Kehui Venture), successfully passed the audit of Asset Management Association of China. Kehui Venture has become a few private equity fund management organizations with a successful audit of legal opinion in nationwide.
Asset Management Association of China has released an announcement in this February, confirming that new applicants for equity fund managers and registered managers all need to go through private equity fund registration record system to supplement legal opinion of law office, otherwise there is no way for fund record, manager qualification of fund will be cancelled overdue. Asset Management Association of China has a more and more standard of legal opinion, leading to a very low passing rate. Now there are only a few companies have passed the audits.