1. Real estate is the investment field of the two funds, which is the same.
2, regardless of the investment field, private equity funds mainly include three forms:
First, the company system
B. Trust system (contract system)
C. limited partnership
Private equity trusts and investment funds are the second type mentioned above. Therefore, private real estate trust and investment fund is a kind of private real estate investment fund. Note that there is the word "private placement" in front of the trust and investment fund here.
In addition to private placement, many trust funds are public offerings. At present, all public securities investment funds in the A-share market are trust funds, so there are also public real estate trust investment funds in theory.
Therefore, although real estate trust and investment funds and private real estate investment funds overlap, they are not the same concept:
The latter includes private trust and investment funds, private company funds and private limited partnership funds;
The former includes private trust and investment funds and public trust and investment funds.
The former is a fund form classified by institutions, while the latter is a fund form classified by offering.