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What kind of fund does the catering industry belong to? Briefly describe what kind of fund the catering industry belongs to.

1. The catering industry is an industrial investment fund.

2. Industrial investment funds are a large category of concepts, which are commonly referred to as Venture Capital and private equity investment funds abroad. They generally point to unlisted enterprises with high growth potential to invest in equity or quasi-equity, and participate in the operation and management of the invested enterprises, with a view to realizing capital appreciation through equity transfer after the invested enterprises mature.

3. Industrial funds involve many parties, including fund shareholders, fund managers, fund custodians, accountants, lawyers and other intermediary service institutions, among which the fund manager is the institution responsible for the specific investment operation and daily management of the fund.