私募

sīmù
noun

Meanings

  1. 1 private placement
  2. 2 private fund

Examples

HSK 6
Sīmù chǎnpǐn qǐtóu jīn'é yībān shì yībǎiwàn.
Private funds usually have a minimum investment of one million yuan.
HSK 7-9
Tā zài yī jiā tóubù sīmù gōngzuò.
He works at a top-tier private equity fund.

Tips

usage
Opposite of 公募 (public offering). Covers both PE (private equity) and hedge funds. 私募基金 is the full form; 私募 alone is standard in finance news.

Stroke Order