Chapter 328

After half a month's rest, I still have to start working again.

The settlement and return of cersei capital sub fund 6 to 10 has been completed under the responsibility of Anthony Johnston.

At the end of last year, cersei had $8.63 billion available for settlement after closing all positions and clearing all kinds of expenses.

According to the commission ratio originally agreed, of the total funds of 8.63 billion US dollars, Simon's principal income is 2.25 billion US dollars, and his commission income is 1.96 billion US dollars. With the initial 500 million US dollars of principal, Simon finally gets 4.71 billion US dollars.

The Johnston family invested $100 million, and the total principal and income was $550 million.

The capital share attributable to other investors was US $3.37 billion, minus the principal of US $970 million, and the net income was US $2.4 billion. Although the rate of return is far less than Simon's, it also reaches 250%, which is higher than most hedge funds on the market. Under the same volume, none of them can achieve this rate of return.

Therefore, after the completion of settlement, cersei capital's $1 billion fund raised by Australian investors was sold out on the spot.

the Japanese stock market has slipped from 40000 to above 38000 in recent months. However, the Japanese government is still strong enough to deny that there is a serious bubble in its stock market. The external caliber is a normal callback after the overheated market. Probably in order to support this argument, most of the assets held by cersei capital sub funds 1 to 5 are still not sold.

Five sub fund shell can not be recovered in the short term, this time in the name of No. 6 sub fund.

Different from last year, because cersei intends to operate cersei capital for a long time and formally, the No. 6 sub fund raised this time is mainly used for hedging operation, and the commission ratio is fixed at 20%. As a preferential treatment for old customers, Australian investors still do not need to pay management fees.

In addition, Simon and Johnston's family have invested a total of $1.5 billion, which is different from the original plan. It is more than $500 million of Johnston's family.

The scale of fund-raising in North America is still one billion US dollars as planned. Just like in Australia, James Leibold, who is in charge of this matter, just disclosed the news. At a subsequent fund-raising meeting, the cumulative subscription amount in North America directly doubled to more than two billion US dollars.

It's not a good thing that hedge funds are too big and too targeted.

Therefore, after several discussions, North America's fund-raising amount is still locked at $1 billion. James carefully selected some "gold owners" who may be beneficial to cersei capital and even the whole westrow system. Of course, cersei capital will start to charge 2% management fee for this part of investment.

Although the No. 6 sub fund used for hedge operation can not expand its scale, Simon also asked James to release the news that cersei capital will raise additional funds in the near future, which will be used for private equity, leveraged buyout and other types of investment this time.

Simon became the richest man in North America from scratch in just three years. Such a wealth miracle has become a gold lettered signboard. Therefore, although the next fund raising is no longer used for hedging operations, there is still an endless stream of capital seeking to subscribe.

After his vacation in Australia, Simon left early on the 16th to return to North America, along with Janet, David Johnston and Leslie Whitaker.

Leslie Whitaker will return to Cambridge University on the 22nd to start her class again. Before that, she plans to visit the office building that she is responsible for designing in person. David Johnston, who is studying for a doctor's degree, doesn't have such standard schoolwork arrangement, he just accompanies his girlfriend.

After more than ten hours' flight, the Boeing 767 arrived in Los Angeles. After leaving David and Leslie, Amy Pascal and Nancy Brill, they all set off for New York.

Due to the time difference, arriving in New York, the east coast of the United States is still January 16, Tuesday afternoon.

Blockbuster will be on the market on Thursday, January 18.

Although two days in advance, the schedule here is full.

After just a few hours off at the Fifth Avenue apartment, Simon and Janet rushed to the leiblerd's house for a well planned investor reception, during which they also met with several industry managers in the pipeline.

Now that it's time to go into business, Janet can't help herself.

What's more, the two had already agreed that cersei capital's headquarters would be set up in Manhattan, because she was going to get married soon and planned to have a baby as soon as possible. Janet didn't want to be full-time. The mentality of working hard in women's bones has been deeply rooted. She only plans to work two or three days a week, and she may not be in Manhattan. The rest will be handed over to professional managers Responsibility.

After one year's operation last year, Janet has selected a team to be responsible for the operation of sub fund 6, and has directly given the identity of partner to six of them, and generously allocated 30% of the equity of sub fund 6.

The financial industry is different from the real industry, which is basically supported by a variety of top talents. If there are not enough benefits, talents will be easily poached by other companies.Therefore, Simon also approved Janet's equity distribution plan.

This is also the result of their discussion.

With the expansion of the team size, other partners will definitely join the No. 6 sub fund in the future, and the sub fund at a lower level will be further developed. However, no matter how the equity is diluted, it will not affect Simon's control of cersei capital.

In fact, even if it is the No. 6 sub fund, cersei capital, the parent company, also adopts the mode of separating the voting rights from the earning rights, and will always retain the absolute control over this sub fund.

The operation team of hedge fund is ready-made, but if you want to start other types of investment, you need to form a new team.

Simon doesn't have many contacts in Manhattan. However, James Leibold worked as a financial lawyer for many years before, but his contacts are very extensive. Recently, he helped Simon find many suitable targets.

The evening reception was very lively.

As soon as Simon and Janet arrived, they immediately became the focus of attention.

It's not just Batman: the moment of war, which is still a box office blockbuster in the near future. Simon's news of 10 consecutive Ko matches in Melbourne arena last Saturday, accompanied by a large number of pictures and videos, has triggered a heated discussion in the North American media.

Compared with the huge wealth that is usually difficult to feel too intuitively, the impact of strong physical strength is more intuitive.

While ordinary people are talking about it, there are even some top professional boxers who make half hearted offers to Simon.

While entertaining in the crowd, James Leibold soon took Simon and him to a middle-aged man in his thirties who was wearing rimless glasses.

"Simon, Jennie, this is Lawrence Fink. Lawrence, this is Simon and Jennie

Lawrence Fink is now the head of Blackstone financial management company, a subsidiary of Blackstone Group. He has about $3 billion in capital in his hands, mainly responsible for mainstream stock and bond investment.

After the premiere of "Batman: the moment of war", Simon talked with Frank Walken, the boyfriend of Lisa Collins, who is Jennifer's best friend. When he heard that the other party works under Lawrence Fink, he soon noticed his boss and asked James to collect information about Lawrence Fink.

Now Lawrence Fink is just the head of a subsidiary of Blackstone Group.

However, Simon knows that more than ten years later, Lawrence Fink broke away from Blackstone Group and founded BlackRock group (also known as BlackRock group) which is better than his old owners.

At its peak, the capital scale controlled by black rock group once exceeded US $6 trillion, becoming the largest asset management company in the world. Whether it's top technology companies such as apple, Amazon and Google, or traditional industrial giants such as general electric and Wal Mart, BlackRock group is one of the top five important shareholders.

In fact, holding shares of enterprises means the corresponding right to speak.

With the huge total assets of 6 trillion US dollars and the important shareholder status of numerous enterprise giants, we can imagine how terrible potential influence BlackRock group has.

According to James' survey, Simon is also very satisfied with Lawrence Fink's past resume. Just as Lawrence Fink and Steve Schwarzman, the founder and CEO of Blackstone Group, have more and more differences on enterprise management and fund operation, and have intended to leave Blackstone. Simon plans to dig up Lawrence Fink's whole team.

According to the information provided by James, Lawrence Fink is an investor who pays great attention to risk control and has a cautious character. Plus the information in memory, Simon is willing to give more autonomy to the other side than absolute control over the No. 6 sub fund.

As for money, it's not a problem for Simon at all.

With the capital market's admiration for Simon's gold lettered signboard, he can easily raise more than twice the amount of capital Lawrence Fink now manages and give it to the other party.

After a few introductions, we soon found the topic of CBS being taken over by the federal government.

Both sides know that this is an interview.

Simon took part in the topic for a while, listening to Janet and Lawrence talking about the topic of vulture investment in the collapsing North American bond market with great interest. Gradually, he couldn't keep up with the idea, so he just took the initiative to walk away and gave Janet the task of checking the pass.

After several years together, Simon also realized Janet's talent in knowing people.

It's said to be inherited from Raymond Johnston.

Introduced by James, he said hello to some other guests. Soon, a figure that surprised Simon appeared in front of him.

Or two.

Linda Carter, wearing a black low cut dress, is holding a middle-aged man, who should be her husband.

Without waiting for James to introduce him, the middle-aged man warmly extended his hand to Simon and said, "Hello, Mr. westrow. I'm Robert Altman."

This Robert Altman is obviously not the Hollywood Robert Altman.Simon is not surprised by the fact that Westerners are so familiar with the phenomenon of double names. He smiles and reaches out to each other.

When Linda Carter saw Simon, her expression was a little unnatural. After he said hello to her husband, she reached over and said, "Hello, Mr. westrow."

The woman obviously pretended not to know herself, and Simon didn't poke it out. She said, "Hello, Mrs. Altman."

Linda Carter, aware of Simon's apparent intention, flashed some resentment and explained, "Mr. westrow, I didn't take my husband's name."

Simon said, "Oh, I'm so sorry."

"Simon, it's said that Denise entertainment is already preparing a live action movie of wonder woman. Maybe we can have Linda play a cameo role," Robert Altman said with a smile. "You know, Linda is the most popular wonder woman."

Simon glanced at the woman and said, "of course, if there's a chance."

After a little chat, Robert Altman introduced his work. He is also a lawyer, mainly engaged in the tax avoidance business of helping overseas capital to invest in the United States.

Simon listened to Robert Altman's explanation and understood why he was so eager for himself.

Cersei capital is hoarding a lot of money overseas. Simon is obviously a potential customer.

After chatting for a while, Robert Altman left his business card and invited Simon to have lunch with him tomorrow. After no success, he walked away.

When the two left, James shook his head slightly at Simon and said, "Simon, it's better not to have too much involvement with Altman. This person's tax avoidance method has a lot of fringes. To put it bluntly, it has the nature of money laundering. Rumor has it that the IRS is after him. "

Simon nodded and said, "I don't have that idea."

After accumulating such a huge amount of wealth in just a few years, Simon knew that there were definitely a lot of people staring at him. Once he has a flaw, there will certainly be a large number of opponents. Simon has enough confidence that he will accumulate a lot of wealth by fully using the formal means of operation, and now he will not consider using those unofficial unorthodox ways at all.

Jeanette walked back to Simon and said, "it's settled, but Fink doesn't plan to change jobs with the team. He hopes we can buy the shares held by Blackstone Group, so that his business can continue."

"What about Blackstone?"

"Fink wants autonomy and shares more shares with other partners, but Steve Schwarzman insists on maintaining absolute control over the subsidiary. There are more and more differences between them. If Fink leads the team to change jobs, it will only leave Blackstone a mess. In contrast, Blackstone Group can still get a certain amount of income by selling us its asset management department. They should not refuse it. "

Simon nodded and asked, "have you discussed the offer with Fink?"

"Blackstone now has a 50% stake in Blackstone financial management, and according to the Fink team's performance estimates over the past year, the offer can remain within $100 million," Janet said. After taking over this company, I don't believe many investors will redeem their original funds, and Fink's team is very stable. So, this investment is very worthwhile. "