My Age of Investment

Chapter 1592: the steps

  Friedrich called and volunteered to help Xia Jingxing mediate the conflicts and disputes with the blue-blood nobles. This was just an inconspicuous episode of Xia Jingxing's trip to the Caribbean Sea.

After drawing a clear bottom line for negotiations and promising certain benefits to Frederick, Xia Jingxing put this matter behind him, and with Ivanka's company and service, he began to play around the Caribbean to his heart's content. .

   Throughout the month of May, Xia Jingxing was traveling around mountains and rivers. Activities like diving, sea fishing, and yacht parties made him almost throw up.

   At the same time, he also fulfilled his promise. With a big wave of his hand, he spent more than 10 million US dollars to buy Ivanka a small island covering an area of ​​about 100 acres in the Caribbean Sea.

   After a period of time, he and Ivanka planned for this desolate island, and built a lot of construction on the island, planning to build it into a holiday base.

   Such an attitude of being obsessed with being an island owner who doesn't care about world affairs really confuses a group of people in the United States. Is this still the workaholic and money-making machine they are familiar with?

   Could it be that he is really tired of the disputes in the shopping malls and plans to quit?

  Most blue-blooded nobles were skeptical about this, thinking that Xia Jingxing was deliberately acting for them.

   But acting belongs to acting, and the actions of Vision Capital to liquidate all its hedge funds did not delay at all.

  When the time came to June, the action of the Vision Capital Liquidation Fund finally came to an end.

Building No. 40 on Wall Street was also basically empty. Except for a small number of left-behind staff, everyone else was given a month-long vacation. Then these people took the generous bonuses issued by the company and took their families to travel around the world. up.

  Because of this incident, Vision Capital also made headlines on the front pages of several financial and financial media, becoming what many Wall Street elites call "another company".

  But in the eyes of some capitalists, this is a naked crime.

   All the "money-making tool people" are on vacation, and they are still on vacation for a month. What kind of operation is this? Is it plausible?

  Combined with the liquidation behavior that Envision Capital has been unswervingly implementing during this period, it will be even worse, it is simply cutting off its own money.

Even if Vision Capital recalls employees on vacation, restarts a new round of fundraising, and adds other investment steps that must be carried out, such as research, strategy analysis, opportunity capture, warehouse building, etc., the second half of this year will basically pass by. Don't expect to have any decent investment performance in 2011.

  Of course, Xia Jingxing wasn't the only one who lost his interests, the blue-blooded nobles also couldn't get half of it.

  When Vision Capital transferred the principal and income to each of their accounts, the law of true fragrance finally took effect.

   This round of hedge funds were all raised after March 2009, when a total of $42.5 billion was raised.

When they were liquidated a few months ago, the asset management scale of these funds had swelled to more than 110 billion U.S. dollars, which nearly tripled. Among them were the contributions from the European debt crisis and the dividends from the appreciation of gold, not to mention the small days. filial piety

   Leaving aside how many rare investment opportunities Envision Capital has seized, let’s just talk about the rate of return of the fund.

  After deducting fund management fees and excess income sharing, Vision Capital created a cumulative rate of return of 95.72% for each LP in a little over two years, with an average annual rate of return of more than 40%.

  That is to say, the LP that invested 100 million U.S. dollars at that time can get back nearly 200 million U.S. dollars with the principal and interest this time, earning an average of 40 million U.S. dollars every year.

  What is this concept?

  This is the investment level of the ceiling of large Wall Street asset management companies.

  Although it cannot be compared with the unfavorable rate of return in the years of the financial crisis, it can be regarded as an investment answer sheet that is close to full marks in a relatively ordinary investment year.

  When the LPs calmed down, they found that Xia Jingxing's fees didn't seem too much, and there was a reason why they were expensive.

   On the contrary, they, after seeing Vision Capital being involved in a fraud case, thought they had something to gain, so they went to add insult to injury. As a result, Xia Jingxing refused to listen to him, and would rather liquidate the fund and dismiss the employees for vacation than to be threatened by them.

  Things have developed to this point, in fact, they have gotten out of control, and it has exceeded most people's psychological expectations.

  They made so many moths, in the final analysis, they were seeking money and forcing Xia Jingxing to give up part of the benefits, instead of fighting against Xia Jingxing and consuming each other.

  If the stalemate continues, their money will not go to a good investment channel, and the potential loss will be very large.

   It doesn't mean that they can't invest in other companies except Xia Jinghang's Vision Capital.

  It turns out that among the large hedge funds on Wall Street and even in the world, Vision Capital has the best performance, and several consecutive funds have created unimaginable rates of return for LP.

  Abandon Vision Capital, which has an average annual return of over 40%, and invest in generally excellent hedge funds with an average annual return of 10%-20%, unless Vision Capital is actually closed.

  It's like people who are used to delicacies from mountains and seas, but how can they still swallow rough tea and light rice.

   But then again, what is going on right now is a game of the brave.

  Xia Jingxing didn't want to be convinced by this softness, mainly because he was worried that the next negotiation would fall into a disadvantage.

  And they also had similar concerns, fearing that Xia Jingxing would speak loudly to them.

   In other words, both sides need a step down at this juncture.

  At this critical moment, the appearance of Friedrich finally brought a turn for the better.

  This well-known real estate tycoon in New York, with his extraordinary eloquence, lobbied and ran around, and soon reached an agreement with some investors who wanted stability.

  When Xia Jingxing received a call from Friedrich again, he was basking comfortably on the beach.

   "Hahaha! Darren, guess what good news I brought you?"

  Friedrich's signature laughter sounded a bit harsh, forcing Xia Jingxing to move the phone away from his ear a little before he felt more comfortable.

   Then he made a silence gesture to Liu Hai lying under the parasol next to him, and then turned on the speakerphone without haste.

   "What good news? Let me guess! Could it be that those big guys are finally willing to bow their heads to me, a little guy?"

   "Hehe, you are not a small person. You have made such a big commotion. In the past month, the upper circles in New York have been talking about you and your company."

   "I heard that some upstarts are very interested in Envision Capital."

"Yes, the rate of return of Vision Capital once again shocked New York and the entire United States. Many newly emerging entrepreneurs and the financial backers behind politicians want to establish cooperation with you, including but not limited to subscribing to your fund. This makes Gao Gao The old money felt some pressure.

  Of course, it's just some pressure.

  However, because of my shot, all these pressures have been transformed into motivation to end the current bad situation! "

  The corners of Xia Jingxing's mouth twitched slightly, the golden-haired lion king is just like this, he likes to put gold on his face for everything.

  Okay, bear with it for now!

  Xia Jingxing listened patiently.

  “The solution they propose at present is that everyone takes a step back and can continue to maintain the 40% excess income sharing, but the management fee of the fund must be cancelled.

   In addition, you also need to sell the equity of Vision Home Company to various family offices, family trusts and charitable foundations. "

  Xia Jingxing glanced at Liu Hai, who shook his head slightly, signaling not to agree to this condition.

   Actually, Xia Jingxing would not agree to such a condition without Liu Hai's reminder.

2% annual fund management fee may not seem like much, but if we take the asset management scale of 100 billion U.S. dollars as an example, it will be 2 billion U.S. dollars for drought and flood protection, and 20 billion U.S. dollars in ten years, which is worth more than the entire company of Vision Home. It may be used as a bargaining chip.

   Moreover, the reason why Xia Jingxing chose to use the equity of Vision Home Company as a bargaining chip is also because this company may face a lot of trouble in the future.

Real estate speculators and charterers, with such titles, are more enviable in any country, especially the business model of Vision Home often involves forced eviction of tenants and forcing people to live on the streets. The major shareholder of the company is also a Chinese, so it will be troublesome if it is maliciously arranged and labeled by the enemy.

  So it’s best to handle this type of business in a low-key way before something happens. Anyway, Ivanka can continue to be the CEO of this company, and she can be regarded as an account of this woman.

   "It is impossible to cancel the fund management fee, and I have not listed this item for you."

  Hearing the displeasure in Xia Jingxing's tone, Friedrich hurriedly explained: "Daren, I didn't propose this, but that group of big shots need a step down."

   "This step is too high, it's easy to fall to death." Xia Jingxing said in a toneless way.

   "Deron, you talk... always so full of gunpowder, this is not the right way to solve the problem." Friedrich persuaded.

   "Then what should I do? After being beaten on the left cheek, stretch the right cheek over?"

  Xia Jingxing said impatiently: "Okay, that's it! I'm busy."

   "Don't, don't, don't hang up the phone in a hurry! This is only the first negotiation, and further negotiations can be carried out."

  Friedrich paused, as if hesitating for something, and after a while, he said earnestly: "Daeron, let me tell you the truth.

  Now there are two factions over there, one faction agrees to reconcile with you, resume the operation of the fund as soon as possible, and don't delay each other's time;

  The other faction is firmly opposed to reconciliation, and you must agree to every condition they offer. "

  Xia Jingxing immediately asked, "Is the opposition you mentioned Pierce and his gang?"

   "Yes, it's those annoying guys. If they didn't get in the way, the matter would have been properly resolved long ago."

   "Okay, then I will draw a bottom line for you to negotiate. The condition for the fund to resume operations is that the Pierce family must get out of here."

   "Daren, although I also hate Pierce's stinky mouth, I still have to advise you, that guy is a person who can't do anything, but can do bad things.

  You have pushed him to the opposite side of you and separated from the fund's interest disputes. Maybe he will be more vicious and unscrupulous in retaliation. "

   "You don't need to worry about this, I must purify my fund, otherwise it will be as uncomfortable as eating a fly."

  Xia Jingxing's attitude was very tough. The reason why he made this decision was that after the investigation, all signs showed that the IRS's sudden visit was inseparable from Pierce and his group.

   For this kind of provocative behavior, we must resolutely fight back!

  Of course, this is not a naive revenge mentality, but an act of protecting oneself in an environment surrounded by wolves, which can make other wolves and dogs fearful and restrained.

   And he didn't expand the scope of attack, he only targeted the Pierce family!

  Currently, he doesn't have many cards in his hand, so he can't do anything to Pierce, who was born in a famous American family.

   "Okay, since you have said so, then I will try again and wait for my news!"

   After finishing speaking, Friedrich hung up the phone without delay.

   At this time, Liu Hai, who had been holding back for a long time, finally had a chance to speak, "Are you really going to kick the Pierce family out?"

   "Do you think I'm joking? According to Abel, it's all because of this dog.

  If he didn't do the damage, things wouldn't be as troublesome as they are today. "

   "I know this, but the blue-blood nobles are all related to each other by marriage, so we must do a good job of differentiation."

  Xia Jingxing nodded, knowing this clearly, that's why he decided to only punish the Pierce family, and he couldn't push everyone to his opposite, or just a few lawsuits would make it difficult for him to move forward in the United States.

   "Okay, let's not talk about these unhappy things, is the money ready?" Xia Jingxing looked up at Liu Hai.

   "Ready, a total of 27 billion U.S. dollars, all deposited in our own "Chinese Bank", can be transferred to Singapore or Hong Kong at any time."

   "Okay, after taking such a long break, it's time to come back!"

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