We discussed with bill wilbey and Li Shanquan about the next big strategy of Wall Street and formulated the general personnel arrangement. We believe that as the major shareholder of Li Feng BlackRock in the future, with the private family fund controlling a large number of shares of the company and the cooperation of the major companies established by ourselves, Li Feng is full of confidence in his future wealth, ability and influence in the United States and even the world.
Of course, this must be on the premise of successfully completing their own strategy.
Two days later in the morning, it was still in the mansion next to Li Feng's central company.
"OK, so it's decided to merge these NASDAQ stocks into BlackRock. What do you think?" Li Feng, holding a list of Tianya investment company up to now, smiled at Bill Weibei, Li Shanquan and Xu Youyu.
"Boss, I think it's OK. It's so decided. I just don't know what BlackRock will say. After all, these companies we invest in are valuable and belong to the company's net assets. Although BlackRock claims to have more than 100 billion assets under management, it can be far less than our value according to the starting market value." Bill wilbey replied with a smile.
Li Feng's list of documents clearly shows that the assets to be merged with BlackRock are mainly the stock value of the original investment in Nasdaq technology stocks, the funds raised in previous times and Li Feng's original funds, totaling about US $5 billion.
Among them, $2 billion was invested in 1995 and 1996. The income of these funds is very amazing, nearly 10 times the income, and the remaining $230 billion was invested after re raising around 1997. Thanks to the madness of NASDAQ, they have doubled or tripled.
These stocks are worth nearly $30 billion, and what Li Feng has to pay is only a few billion dollars of principal and about 10-20% of the principal fixed income. These funds are fixed income funds.
……
"It's all right. Let's do it first anyway. I made an appointment with Larry Fink to meet this afternoon. In the afternoon, he will come and see him. Then we'll meet him first and talk about it. We can discuss the details." Hearing Bill's words, Li Feng smiled back.
"That's the only way, boss. I think you're giving Larry Fink a problem. If all these stocks are merged into Brad company, it's equivalent to Brad's own net assets increasing by $230 billion. If Brad can get the net assets of these companies, according to the rules of Wall Street, he can leverage 5-10 times the amount of funds. In this way, BlackRock can become the top asset management company on Wall Street.
With such a large amount of capital, Larry Fink naturally hopes to master it, but if they are directly merged into BlackRock, it is obvious that Tianya investment will occupy the controlling position after the merger, unless new shareholders are brought in. "
"Ha ha... This requires negotiation. What voting rights, shares, decision-making rights and so on can be cooperated in many aspects. There is always a way. It depends on how Larry Fink finally chooses." Li Shanquan also broke in with a smile.
"That is, Larry Fink can't take advantage of everything." Xu Youyu also joked with a smile.
"Ha ha... Larry Fink will come later. Let's say 'hello' to others first. Anyway, the formal negotiation is not so fast."
"Boss, you are the first to give others a threat!"
"Ha ha... It's not a threat. Larry Fink is not someone who hasn't seen money."
"Ha ha..."
“…”
……
The morning ended in close discussions. Bill wilbey, Li Shanquan and others were left at home for lunch. After inviting everyone to have a rest, it was time to make an appointment with Larry Fink unknowingly.
At about 2:30 p.m., Li Feng and bill Weibei sat together in the reception hall facing the Central Park, drinking tea and chatting. A burst of footsteps came. Soon, Wang Siqing's face appeared in front of everyone, and three figures appeared behind him. It was Larry Fink with a vice president of BlackRock and his assistant.
…
"John, you all have such excellent investment ability. What else do you need to take a stake in BlackRock? I believe your return on investment is much higher than BlackRock. I don't think BlackRock has anything to attract you."
After some greetings, everyone also took their seats. After drinking a cup of coffee, Larry Fink looked through the documents handed to him by Li Feng. This is Li Feng's Tianya investment plan to merge into BlackRock.
When Larry Fink saw that Li Feng had madly invested in Nasdaq since 1995 and 1996, in just two or three years, the investment of several billion dollars had become the current scale of 230 billion dollars, he was speechless in his heart.
Your investment ability is so excellent. What do you want me to do? What do you think of the merger? Is the company still BlackRock after the merger? Simply, you just say you want to buy BlackRock.
Although in terms of asset scale, Li Feng provided only tens of billions of dollars, while BlackRock had hundreds of billions of dollars, their own people know their own affairs. The net assets of the company that really belong to these hundreds of billions of dollars are billions, and the rest are raised funds.
Li Feng's documents clearly show that the tens of billions of dollars of Tianya investment, in addition to billions of dollars of raised funds and hundreds of millions of dollars of paid fixed income, the rest belong to the net assets of Tianya investment, which is too terrible.
"Larry, I think it's very clear that in terms of financial groups, Wall Street is the financial center of the world today. Tianya investment still belongs to my personal investment group in the final analysis. Obviously, I can't develop into a top financial management group company alone. I need to raise a large amount of funds, and it's not suitable in Los Angeles."
"In other words, you want to enter Wall Street and choose BlackRock as your target?" After listening to Li Feng's words, Larry finkerton replied with a bitter smile.
"Larry, what I want is you to help me. My only promise is that at least before you retire, I promise to fully support you and ensure your interests in BlackRock. This is also my promise to bill and mountain spring. When they followed me from Wall Street to Los Angeles, I promised them that it would not take three years, I'll bring them back to Wall Street. " Li Feng replied with a smile.
"Boss, it's a blessing for us to invest in Tianya!"
"Yes..."
……
Hearing Li Feng's explanation and looking at Bill wilbey and Li Shanquan and others who admire and respectfully thank Li Feng, both Larry Fink and BlackRock's management are a little speechless. How can a good merger become a "takeover" now.
"PNC won't agree."
"No, I believe in Larry's ability. In addition, these are the craziest technology stocks on NASDAQ. According to the current development trend of NASDAQ, I think it can be doubled every year. I think PNC will agree to such gains.
Of course, this requires your cooperation, Larry. My previous commitments to increase your shares and voting rights in company management are still valid. "
"This..."
"Larry, this is only the first formal discussion since we last met in Silicon Valley. It's not a time for negotiation. I just expressed my ideas. You can think about it." Li Feng didn't think that people would agree immediately. He knew that such a thing could not be so fast. He immediately smiled and stopped Larry Fink's words and interface.
"OK, I'll think about your proposal."
"That's the best. We'll replace wine with tea. I hope we can have further cooperation in the future."
“Cheers!”
“…”