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Private placement network does not charge subscription fees?Yes, as we all know, a portion of the revenue of sales agencies comes from the sharing of subscription fees, while private placement networks do not charge subscription fees, which is indeed a loss. So, what is the subscription fee for private equity funds?Generally speaking, the subscription fee for private equity funds is1%. The transaction fee required to buy a private equity fund is called the subscription fee, regardless of whether it is a new fund or an old fund. That is to say, both new and old private equity funds do not charge subscription fees when investing in private equity on PaiPaiPai Network. However, currently only for most products, not all.