After Divorce, I Can Hear the Future
Chapter 678: Variables
"This time everyone’s signing seems particularly fast."
With the last person closing their folder, Lu Liang glanced at his watch; it had only been seven and a half minutes.
He smiled broadly, made a jest, and immediately asked for confirmation, "Is there really no question anyone wants to ask?"
Guo Changguang rolled his eyes, "Mr. Lu, hurry up and pack your things and start the next topic; everyone is waiting."
The $4.128 billion acquisition was staggering, the $1.4448 billion management fee was painful, but they were established facts and past matters.
The reason everyone was so well-attended today is ultimately because Tianxing Quantitative is about to establish in Xiangjiang.
At least a $10 billion asset management scale, and with Lu Liang’s market acumen combined with world-class AI models.
The complementary benefits of the two should be 1+1 greater than 2, which is their intention for coming.
Lu Liang chuckled, "Mr. Guo, always so impatient."
He turned to signal Xu Jiawei and Sun Yutao to retrieve the settlement report after signing authorization.
After the two collected the contracts, Lu Liang said, "The leftover funds from the fourth private equity fund after deducting management fees will be returned to the bank accounts provided at subscription along with the principal within the next three working days."
"This matter will be temporarily concluded. Next, let’s discuss some topics everyone is interested in."
Lu Liang looked at Liang Wenhu to signal him to stand up and introduced him to everyone, "Ladies and gentlemen, this is Liang Wenhu from Huanfang Technology, Mr. Liang."
"Next, Tianxing will collaborate with Huanfang to establish Tianxing Quantitative in Xiangjiang, focusing on quantitative trading in the international market."
For every statement Lu Liang made, he paused because there were many international friends and their translators present; translation required time.
"Hello everyone, nice to meet you; I am Liang Wenhu from Huanfang Technology." Liang Wenhu bowed, his face showing a hint of apprehension.
Those present were domestic and foreign capital magnates or corporate leaders, each managing assets of no less than a trillion dollars.
Even the seemingly least noticeable Little Wang is the chairman of Panda Interactive Entertainment, a company listed in the U.S. with a market value of about $4 billion.
Although there is also Li Junwei, Liang Wenhu does not count him, as he, like Xu Jiawei and Sun Yutao, is Lu Liang’s subordinate (soon).
Managing assets of $3 billion, Huanfang barely closing at $3 billion, converted to US dollars, barely a little over $400 million, undoubtedly the smallest of those present.
If it weren’t for collaborating with Lu Liang, Liang Wenhu estimated he wouldn’t even be able to enter the conference room.
"Mr. Liang, pleased to meet you."
"Mr. Liang, young and promising."
"Mr. Liang, I hear your company is developing AI models; our company is involved too, maybe we can discuss privately."
Beyond Liang Wenhu’s expectations, the enthusiastic reception from these high-status figures was far beyond his imagination.
Even Flannery from General Motors, a regular among the world’s top 100, smiled and handed him a business card, "Liang, if you have time later, shall we talk?"
Liang Wenhu was stunned, quickly bowing and receiving the business card with both hands, "Okay, okay, okay, Mr. Flannery."
Seeing this, someone was unwilling to be left behind, even attempting to bypass most of the conference table to send an invitation to Liang Wenhu.
Thump ~ Thump ~
Suddenly, the wooden conference table was knocked.
Lu Liang squinted his eyes, with a hostile look, "Everyone, are we still discussing Tianxing Quantitative?"
He looked at Lei Jun, Guo Changguang, Su Shimin, and Flannery, these few ignorant people practically treated him like air.
Especially Lei Jun,
Lu Liang had been displeased with him for a long time.
While he buried himself in the financial market recently, he frequently thought of visiting Tianxing District.
Thankfully, Wang Xiaofeng understood Boss Lei’s intentions and stopped him at the entrance, taking him to the office building.
Otherwise, Tianxing might follow in Geely’s footsteps, having a tech team poached by Boss Lei.
Although they claimed their remuneration and benefits were industry-leading, even they couldn’t withstand constant coveting.
Lei Jun had a smile on his face, looking unaffected, as if nothing had happened.
Two thousand years ago, Boss Cao set an example; when beautiful women were found lacking, taking someone else’s wife was the best choice.
Just like buying fruit at the supermarket now, when unable to determine the quality of fruit, directly taking from someone else’s cart won’t go wrong.
Lei Jun, although not interested in women, felt the same way about talent.
Huanfang was only a company just over three years old and somewhat famous but was valued by Lu Liang, planning to joint venture in Xiangjiang to establish Tianxing Quantitative focusing on international market quantitative trading.
Lei Jun didn’t understand Huanfang or Liang Wenhu, but he trusted Lu Liang’s vision.
Key is that it’s a company dedicated to AI research; quantitative funds are just a department business, making it hard for him not to take an interest.
But it was necessary to give Lu Liang face; poaching right under his nose would be too disrespectful.
Two crisp knocks accompanied by a shout made the conference room quiet again.
"Due to new exposure to quantitative trading, to be cautious, the initial fundraising scale is tentatively set at $10 billion."
Lu Liang withdrew his gaze from Liang Wenhu and signaled him to sit down while discussing the arrangements for the upcoming quantitative fund.
Only withholding the $10 billion funding from JPMorgan because besides JPMorgan, Lu Liang wanted to attract other Wall Street capital.
After all, domestic relations no longer require Lu Liang’s deliberate management, so developing international connections becomes a priority. .
But if considering $20 billion of management scale, the proportion of domestic institutions would be significantly lower.
In the end, it might not even exceed 30% of the total, sounding not quite good.
"The fee model remains the same at 3+20N..."
As soon as Lu Liang finished speaking, someone interrupted, "Mr. Lu, you also mentioned that Tianxing is just entering quantitative trading in the international market; for prudence, the first fundraising scale is only $10 billion, then perhaps the management fee model should change?"
"An annual rate of 30% is the threshold; if below 60%, we only take 20% of the total profit. Mr. Liu, do you have any objections?"
Lu Liang squinted, looking at the person, Mr. Liu smiled sheepishly, quickly saying, "Oh~ sorry, I didn’t catch that just now, Mr. Lu, please continue."
Trying never hurts; if one can reduce it, more can be earned later.
Lu Liang chuckled, seeing through the other’s little thoughts. Dealing with old foxes requires not giving an inch; once given a little, they would decisively take advantage.
He continued, "This subscription plan will adopt intentional subscription; interested friends can fill in amounts now, submit the subscription intention forms to our Mr. Sun, we will randomly select."
At these words, everyone frowned.
Because so-called random is actually under-the-table dealings; Lu Liang decides who subscribes.
However, they adapted, this was Lu Liang’s style, also indicating prudence was nonsense.
Lu Liang was very confident that the soon-to-be-established Tianxing Quantitative would continue Tianxing Private Equity’s success.
One by one, they began discussing with assistants or calling investors, filling in amounts Lu Liang would most likely accept.
Although subscription shares should be as much as possible, if too high, Lu Liang might not accept, given it’s only $10 billion.
Liang Wenhu observed everyone’s expressions, the sense of elation from admiration now vanished.
The reason so many people wanted to acquaint themselves wasn’t because of Huanfang’s technology, nor their view of Huanfang.
Simply because Lu Liang valued them, they followed suit.
The ninety-minute meeting,
Flew by, and it was now noon.
Lu Liang had Sun Yutao collect all subscription intention forms, invited everyone downstairs for lunch, and said, "To not delay your precious time, the subscription results will be announced before five this afternoon."
He glanced at Wilson, who nodded slightly with a smile. Hearing the amount of only $10 billion, he understood Lu Liang’s intention, and also filled out a form pretendingly.
Their exchange of glances was noticed by many and interpreted as Lu Liang inclined towards foreign capital.
Shen Peng sighed and told Zhu Hu, "Let’s go, see if there’s anything good to eat, fill up a bit, we probably won’t have a share this time."
Zhu Hu was smug, "Redwood will definitely have no share, but Golden Sand River is uncertain."
He had a good relationship with Lu Liang, believing Liangzi would still give face, granting a subscription share of one or two billion.
"Little triumphant." Shen Peng grumbled.
Compared to domestic capital only slightly disappointed, foreign capital institution leaders’ faces appeared quite serious.
"Why is Lu Liang mingling with Wilson again?"
Su Shimin frowned, sensing a looming crisis.
Although JPMorgan can’t die; it would trigger a global financial crisis, it could be crippled, gradually declining.
The same type of consumption,
Has always been Wall Street’s mainstream drama.
This quarter, JPMorgan has a guaranteed loss of $20 billion, already the fat meat in many people’s eyes.
Now waiting for Q3 report announcement, to collectively pounce and feast, having a hearty meal.
However, Wilson mingling again with Lu Liang, their relationship seemingly better than before.
This variable,
At least, is not a scene Su Shimin wishes to see.