Chapter 328 (1/2)
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