Chapter 269 Cooperation will benefit both parties
“I plan to discuss something with you.” Xu Liang said.
“You said?”
“I plan to merge the PE business and hedge fund business of Hongyan Fund into Hanhua.”
Jiang Xiaoyang’s face changed, “Why? A sudden decision? ”
"Hongyan was originally the shell of Hanhua, and now the fusion is what it should be." Xu Liang said.
He has been thinking about this for a long time, and finally decided to merge to save operating costs and improve investment efficiency.
"What about Yuhui? How do you plan to arrange her?"
Jiang Xiaoyang couldn't help but ask.
“Yu will become the CEO of Jianlibao Group.”
Xu Liang had already thought clearly and left Jianlibao in the hands of Qiao Yuhui.
Moreover, although he wants to merge the PE business and hedge fund business of Red Rock Fund into Hanhua, he does not intend to cancel Red Rock Fund, but wants to transform the latter into a waterfall investment similar to Gates's. Such a family investment institution.
Responsible for your own private investments.
He will not hand over this Hongyan Fund to anyone, and he will be responsible for all investments.
“Yuhui agreed?”
"She has agreed, but in exchange, she asked me to support Jianlibao with at least US$100 million as development funds next year."
"This is indeed the style of Jade Club."
Xu Liangna He handed over a stack of information.
Jiang Xiaoyang took it and took a look, his expression suddenly changed.
“Five hundred million dollars?!”
She knew that Xu Liang invested in US stocks, but she never expected that he had so much money.
“Don’t get me wrong, this money is not mine. Just look at the investment list at the back.”
“Goldman Sachs, Morgan Stanley, Merrill Lynch...?!”
The more he looked at Jiang Xiaoyang, the more surprised he became. The list of investors was all the world's top investment banks and top big banks.
“How did you convince them?”
Jiang Xiaoyang couldn't help but ask.
She has studied in the United States and also interned at Goldman Sachs on Wall Street. She knows very well how greedy these financial giants are.
"Persuade? I never thought of convincing them. These Wall Street guys are like scavenging vultures. They will come looking for them by smelling the smell of meat."
As he said that, he handed another hand Past a document.
“This is the income statement from my investment in US stocks some time ago.”
Jiang Xiaoyang quickly took it and looked at it.
She thought her nerves were strong enough, but after seeing this income statement, she was shocked again.
He stared blankly at the man in front of him, unable to regain his senses for a while.
Xu Liang did not rush her, picked up the teacup on the table and took a sip.
The faint fragrance of tea calmed her down a little.
"This... all of this is true?"
Looking at her excitement, Xu Liang smiled and said: "If it's not true, why do you think those Wall Street guys invested in Hongyan?"
After taking a few deep breaths, Jiang Xiaoyang finally accepted the reality.
“I thought your talent in business was already good enough, but I didn’t expect your ability in finance to be even more amazing!”
Xu Liang smiled and said, “You Jiang Xiaoyang values Can a man be bad? ”
Feeling so sweet in my heart, I couldn't help but roll my eyes at him.
“Glib tongue.”
Looking at the information in his hand, Jiang Xiaoyang couldn’t help but feel sad.
“Your Qinglong Fund has raised so much money, it is beyond my control.”
“Don’t worry, I will be responsible for the investment of Qinglong Fund. Just focus on the VC business, and The daily management of Hanhua is just fine.”
Jiang Xiaoyang nodded, "Then I'm relieved."
"After the business integration of the two companies, Hanhua will be divided into two major funds, the 'Planet' series and the 'Mythical Beast' series.
< br>The Planet series consists of five major fund of funds: gold, wood, water, fire and earth.
The Venus fund invests in precious metals and jewelry. In the future, it can also add red wine and luxury goods, and add prefixes according to different investment types. .
For example, Venus Precious Metal Investment Fund, Venus Jewelry Investment Fund, etc.
Then name them from front to back according to the time when each fund is raised. For example, Venus Precious Metals No. 1 Investment Fund, Venus Precious Metals No. 2 Investment Fund, etc.
Jupiter Fund is a PE fund. If it targets a certain industry, you can also add a prefix, such as Jupiter Pharmaceutical Investment Fund.
Then use 1, 2, 3, 4 to name according to the establishment time.
After some time, I will transfer part of Alibaba's shares to Jupiter Fund, plus Tencent's shares, all of them will be converted into Jupiter No. 1 Fund. ”
Investing in famous companies can enhance the influence of venture capital.
Why SoftBank has such a strong industry influence in China's venture capital industry? In addition to its abundant funds, it also lies in its investment in Alibaba, the golden phoenix.
"Is Jupiter No. 1 Fund still your private territory?"
"Of course. I am very optimistic about Alibaba and Tencent, but I can't bear to let them go to others. Staying in Hanhua will only increase your influence. It will facilitate future investment.”
“I knew it would be like this,” Jiang Xiaoyang said. Xu Liang smiled and continued: "Jupiter 1 Fund is my private territory, but Jupiter 2 can be left to you to raise funds."
Jiang Xiaoyang nodded.
Xu Liang continued: "Then there is Mercury Fund, which is a fund that specializes in angel rounds and A rounds. In the future, all entrepreneurial incubators of Hanhua will belong to Mercury Fund.
Mars Needless to say, funds are mainly venture capital funds in Series B and Series C.
Finally, Saturn Fund, an art investment fund, is currently focused on China. In the future, when we are strong enough, And then expand to the world.
With these five major funds of funds, we can complete all aspects of venture capital, and we will not miss out on profits. "
"We still lack real estate investment funds, which is a major investment category." Jiang Xiaoyang said.
"Don't worry. I plan to put real estate investment in the 'Mythical Beast' series.
The Mythical Beast series is the hedge fund business unit.
The currently established ones are Green Dragon and White Tiger There are four funds, Xuanwu and Phoenix.
Qinglong Fund is mainly private equity and mainly invests in US stocks and global markets. It has currently raised US$570 million, and all investment targets have been determined, and funds are entering the market.
White Tiger Fund left the hedge fund department manager Sun Zhenping to operate on his own. I promised to give him 30 million US dollars to see how capable he was. If he could grow the funds by himself, that would be great; if not, let him be a pure manager. who.
Xuanwu Fund is the real estate investment fund you mentioned. It has not yet started raising funds.
Finally, there is Phoenix Fund, which mainly focuses on M&A and investment in mergers and acquisitions.
It is divided into two sub-funds: International and China.
Phoenix International Fund, I first invested US$300 million, and currently I am asking Zhao Xun, general manager of Hongyan Fund Xiangjiang, to contact the American NBA team Rockets. As expected, we will acquire it. ”
"NBA Rockets? Why do you want to buy a basketball team? Or an American basketball team?"
This really confused Xu Liang.
The NBA Draft will only start drawing lots in May next year. Now no one knows that the Rockets can win the No. 1 pick, and they also gave this precious No. 1 pick to Yao Ming.
Moreover, the Rockets are still in contact with Yao Ming and the Basketball Association. Because of the latter's obstacles, Yao Ming may not be able to start his NBA journey.
No one knows about Yao Ming's success in the NBA.
So Xu Liang could only fool around.
“Phoenix China Fund, I do not intend to invest, leaving it to you to raise funds.
And Phoenix International Fund also needs to raise funds. If you raise enough funds, I will Withdraw the US$300 million invested.”
“Withdraw?”
“If Hanhua wants to succeed, it must introduce more outstanding talents, especially top talents. If you want someone to come over, shares are definitely a must.
To avoid internal instability, the company and the individual must be separated. "Xu Liangdao.
The reason why he put most of Hongyan's business in Hanhua is that he did not want to ignore public and private matters and affect the company's future development.
Jiang Xiaoyang is also a master of finance from Columbia University. Of course Understand the importance of keeping a clear distinction between public and private.
“I will raise funds as soon as possible. "
Xu Liang smiled and nodded, "With my current reputation, several successful investments in the US stock market, and the development of Jianlibao, I want to raise Phoenix Fund and Jupiter 2 Fund. It shouldn't be difficult. So you don't have to worry too much.
And at the end of this month, I have made an appointment with major Wall Street investment banks, banks, and wealthy people in Hong Kong to hold an investment reception at the Peninsula Hotel. We can take the opportunity to raise funds.
But those guys on Wall Street are too smart.
We have not proven ourselves in the real estate industry, and Jianlibao has not been listed. They probably will not invest too much money in Xuanwu Fund and Phoenix Fund.
The old capitalists in Xiangjiang are even more proficient in real estate investment. They prefer to do it themselves. Most likely, they are just meaningless and should hand over their rights to us.
But it doesn't matter, I don't plan to raise too much money from them.
The key is domestic.
With the endorsement of these large groups and institutions, we can win the trust of domestic wealthy people, who are the main investors of Xuanwu Fund and Phoenix Fund. "
Jiang Xiaoyang suddenly realized, his tone was quite admiring.
"You are really good at it. Now the wealthy people in China are quite convinced of the guys in Xiangjiang and Wall Street. They can do it. Endorsement, it is indeed easy to raise funds. ”
Now China has just emerged, and the gap with foreign countries is still huge.
The moon abroad is rounder than at home, and it still envelopes all classes in the country, especially the elite.
It will not be until twenty years later that this filter can be truly broken.
Now, within the outer zone, it is still a shortcut.
“How much money are you planning to raise?”
“The more, the better. The real estate industry is an asset-heavy industry. Even if you raise US$10 billion, I can invest in you within half a year. Go down." Xu Liang said.
She rolled her eyes at him and said, "Why didn't you say 20 billion?"
Xu Liang smiled and said nothing.
Now it seems that ten billion US dollars seems like a lot. In a few years, he will be able to collect this much liquidity by himself.
I sorted out the information in my hand.
“By the way, where is the money you earned? Where did you invest it?”
"Didn't I tell you? Phoenix International Investment Fund."
"That's only 300 million, what about the remaining 2.2 billion US dollars?"
"U.S. stocks and domestic real estate, funds are currently Enter." Xu Liang said.
(End of this chapter)