Recast youth

Chapter 1279 Blackstone Group
After getting home.

The three people started chatting, and Ye Feng also told Wen Yueqi his thoughts. Now all the Obsidian Fund's money is using credit default swaps as short-selling tools and making bets with major investment banks and hedge funds.

When all the money comes back, it will be about 30 billion to 40 billion US dollars. Ye Feng plans to transfer all the money and use it as the original capital for Yang Qingzhi to operate.

"what do you say?"

Wen Yueqi pursed her lips and looked at Chen Huang.

Chen Huang was shrewd and refused to wade into the muddy waters between Ye Feng and Wen Yueqi. He smoked a cigarette and said: "I don't care, there is only such a small amount of funds in total. I can put it here with you or with Yang Qingzhi. Sister Qi, you and Ye Feng The two of you have made a decision."

Wen Yueqi asked: "What about Li Liang? He also has part of his shares in this fund."

"He's fine over there."

Chen Huang said: "Li Liang, like me, also listens to you two. He originally invested money just like me to make money with you."

"It's not impossible to give all the money to Yang Qingzhi to manage."

Wen Yueqi thought for a moment, looked at Ye Feng and said: "But I have made an estimate. If the Obsidian Fund's principal plus income are all recovered, it will only be about 40 billion U.S. dollars at most. This amount of money is still small for Yang Qingzhi, right? After all, He has a lot of bosses who believe in him."

Ye Feng looked at Wen Yueqi and said, "I want to use this money to do something."

"what's up?"

"Acquisition of Hilton Hotels."

Ye Feng said: "When I was in Lucerne, Yang Qingzhi recommended two companies for me to acquire, one was Freescale and the other was Hilton. To be honest, it was a pity that I couldn't acquire Freescale. If I had a high-tech company in my hands, The company is quite meaningful.”

Wen Yueqi knows Freescale.

After all, Freescale's predecessor was Motorola's semiconductor department. It ranks very high among semiconductor companies. It focuses on embedded processing solutions and provides microprocessors and microcontrollers in the automotive, network, industrial and consumer electronics markets. , sensors, analog integrated circuits and connection technologies, it also has multiple design, R&D, manufacturing and sales organizations around the world.

Then Wen Yueqi shook her head and said to Ye Feng: "You can't buy Freescale."

"What do you say?" Ye Feng looked at Wen Yueqi. According to Ye Feng's inner thoughts, it was possible that the US government would block this acquisition in order to exclude outsiders.

But Wen Yueqi's answer was different from what Ye Feng thought.

Wen Yueqi said: "A private equity fund has already contacted Freescale's board of directors to discuss an acquisition. If you intervene now, firstly, the price will be raised, and secondly, you will also offend others."

Ye Feng felt much better after hearing this. Originally, he was still worried about not being able to acquire Freescale, a chip company. After all, how powerful a brand is Motorola?

Now Ye Feng still remembers Motorola's "Hello" and "Moto" advertising slogans. It can be said that without Nokia, no mobile phone brand can compare with it.

After all, Apple’s mobile phone is not yet available.

Then Ye Feng asked curiously: "What company wants to acquire Freescale?"

"Blackstone Group."

Wen Yueqi said: "A private equity fund."

Ye Feng shook his head: "I've never heard of it." Wen Yueqi glanced at Ye Feng and said, "Don't underestimate this company. It's very powerful. It has three main businesses: private equity funds, real estate funds, and hedge funds. It also provides For services such as financial consulting and fund placement, Blackstone Group’s profits this year exceeded US$22 billion, with per capita profits of US$295 million, which is eight times that of Goldman Sachs per capita. It is now a well-known PE king on Wall Street.”

"So powerful?" Ye Feng asked curiously: "Didn't you say that Goldman Sachs is the boss of the investment bank?"

Wen Yueqi said: "This is true. Goldman Sachs has a strong foundation and a lot of glorious history. However, after Yang Qingzhi's resignation letter last year, Goldman Sachs lost many customers, and Goldman Sachs also has more traders. Overall, it is still Compared with Blackstone Group, after all, the gap between the two in terms of financial background is too big.”

Ever since Wen Yueqi mentioned Blackstone Group, Chen Huang felt that the name of this company was very familiar.

"Sister Qi, is this Blackstone Group you are talking about Blackstone Group?" Chen Huang asked curiously.

Seeing Chen Huang ask, Wen Yueqi nodded: "Yes, Blackstone Group is not only called Blackstone Group, it is also called Blackstone Group."

"It really is."

Chen Huang said: "This is the company that CIC invested in, right? When I was chatting with people from CIC in China, I heard them mention that CIC seems to hold quite a lot of shares."

"CIC holds almost 9.7% of Blackstone Group's shares."

Wen Yueqi has been on Wall Street. When the overseas head of China Investment Corporation came to Wall Street, she was also the bridge between them. Then Wen Yueqi shook her head and said: "China Investment Corporation invested US$30 billion, but the 1 million shares held by China Investment Corporation were useless." Voting shares, no control over Blackstone Group."

"10% of the shares don't have investment rights? It's really worthy of a grandson." Chen Huang couldn't help but say.

Wen Yueqi said with a smile: "If you know a little bit, even in a small village, if outsiders come to the village and make a fortune by doing business with the village's resources, the villagers will be jealous and stumble, and even the leaders will step in to squeeze out the outsiders and then do it themselves." There are all kinds of things, let alone a strong country like the United States?"

Ye Feng said in agreement: "It can only be said that pinkeye does not distinguish between high and low status."

"Yes, there are still many restrictions on investing in foreign companies. Even if Blackstone Group did not acquire Freescale, it would not be very convenient for you to acquire it, so it is best not to touch it if the chip company can."

Wen Yueqi advised Ye Feng, and then asked: "The investment advice Yang Qingzhi is giving you now is to ask you to acquire the Hilton Hotel?"

"Yes." Ye Feng nodded. After all, he came to New York to discuss money matters with Wen Yueqi. Currently, the most source of funds that Ye Feng can think of is the Obsidian Fund.

Wen Yueqi thought for a while and said: "It's not impossible, but even if you take away all the funds in the Obsidian Fund, it is not enough to acquire the Hilton Hotel. The Hilton Hotel has been established for almost 90 years and is worth It’s over 200 billion US dollars, have you figured out where the remaining money will come from?”

"Yang Qingzhi said that he was responsible for getting loans from investment banks such as Goldman Sachs and Merrill Lynch." Ye Feng said.

Wen Yueqi asked curiously: "How much is the loan?"

"$200 million."

Ye Feng revealed such an astonishing figure, and then said: "Actually, until now, I feel a bit dreamy. Can a loan of US$200 billion be obtained in the United States?"

Wen Yueqi thought for a moment and said, "Others can't do it, but Yang Qingzhi can. His name is worth the money."

"So I really found a treasure?" Ye Feng laughed. Historically, Liu Bei visited the thatched cottage three times before inviting Zhuge Liang. He actually met him during the journey, and he felt a little proud.

"right."

Wen Yueqi said with a smile: "Actually, I didn't expect that you could really invite this great god back. Who would have thought that you could chat with me even though you couldn't get through on the phone?"

(End of this chapter)