Recast youth

Chapter 1469 Two ambitious people

Wen Yueqi spoke to Ye Feng earnestly.

After all, although Maple Leaf Fund and Blackstone Group are both private equity funds, there is a slight difference. Blackstone Group's money is investors' money, and Blackstone helps manage the investment and then distributes dividends.

Even if Blackstone Group loses money on its investment, it is only investors' money that is lost.

The Maple Leaf Fund is different.

The Maple Leaf Fund is all its own money, and what it loses is its own money.

Therefore, Wen Yueqi wants Ye Feng to be more prudent in his thinking, and there is nothing wrong with cooperating with Blackstone. Although he has not met Schwarzman, the founder of Blackstone, and has not discussed cooperation to acquire Hilton hotels.

But who is Yang Qingzhi?
King of Wall Street.

During his time at Goldman Sachs, he not only served as a manager for the world's two largest hedge funds and five major assets, but the total asset base owned by his clients even exceeded one trillion. As long as he met with Schwarzman and talked about this matter, Schwarzman Zman would definitely agree.

the reason is simple.

That is, Yang Qingzhi's customer base is solid enough. As long as Schwarzman can persuade Yang Qingzhi, Yang Qingzhi can even help Blackstone set up a new fundraising fund and raise tens of billions of dollars in a very short period of time.

After all, Blackstone now relies on managing funds to invest and make money. With Yang Qingzhi's big legs, how can Schwarzman not be friends with him?In addition, the acquisition of Hilton Hotels itself is not a sure-profit business. US$240 billion or even US$267 billion is an astronomical figure. Not only is the risk extremely high, but it will also occupy a very large amount of its own funds, leaving Blackstone There is no spare energy to invest in other potential industries.

But what Wen Yueqi never expected was that Ye Feng still asked her if she could independently acquire Hilton Hotels without joining forces with Blackstone Group. If the money was not enough, he could wait until his company went public and he would come up with a solution.

"Then do whatever you want."

Wen Yueqi hung up the phone angrily.

Yang Qingzhi guessed Ye Feng's reply from Wen Yueqi's unsightly expression, and couldn't help laughing. After laughing for a while, he stopped laughing and asked, "He refused?"

"Well, I declined."

Wen Yueqi couldn't help but said: "I don't even know what he is thinking. Blackstone is a world-leading alternative asset management and financial consulting service provider with a 20-year investment history. What's wrong with joining forces with Blackstone?" Yes, does he really think that the acquisition of Hilton Hotels for more than 200 billion US dollars is a sure-profit deal? If this is the case, there is no need for Hilton Hotels to sell itself. How about slowly appreciating the value and making money?"

Yang Qingzhi stopped laughing and said: "He is an ambitious person."

"What does this have to do with being ambitious?"

Wen Yueqi turned to look at Yang Qingzhi: "We have no ambition to join forces with Blackstone? As long as you talk to Schwarzman, he will definitely agree to Blackstone and us joining forces to acquire Hilton. Other companies that want to join forces with Blackstone have no such opportunity. Fortunately for him, he was actually reluctant."

Yang Qingzhi chuckled and reminded Wen Yueqi: "If you think about the partnership system of Maple Leaf Fund, you will understand."

"Partnership system?"

Wen Yueqi was stunned for a moment. The partners of Maple Leaf Fund are mainly four people, Ye Feng, Yang Qingzhi, Chen Huang, and she. But what does this have to do with joining forces with Blackstone to acquire Hilton Hotels?
Seeing that Wen Yueqi still didn't understand, Yang Qingzhi continued to ask: "What is the biggest difference between us and Blackstone?"

When Yang Qingzhi said this, Wen Yueqi understood.

Blackstone Group and Maple Leaf Fund are actually institutions that manage funds for investment, but Blackstone uses investors' money to invest, while Maple Leaf Fund uses its own partners' money to invest.

If Yang Qingzhi wants to follow the Blackstone route, he can set up an asset management company by himself, and then use his appeal to raise funds for management investment.

But he didn't do this.Instead, he invested his own money.

It was only after thinking of this that Wen Yueqi figured out why a great figure like Yang Qingzhi would come together with Ye Feng to establish the Maple Leaf Fund. It was their ideas that came together to set up a company, manage their own money, and use their own money. Go invest.

Wen Yueqi came back to her senses and said to Yang Qingzhi: "But it is difficult for us to go far by ourselves. For example, this time, even if we successfully acquired the Hilton Hotel, the money in the Maple Leaf Fund account was empty and we were unable to go Make other investments, unless you are willing to list the company yourself and be the company's investment advisor, so that the company can continue to make a little profit."

"We will add partners."

When he arrived at the place to eat, Yang Qingzhi found a parking space, parked in, and said with a distant look, "But now is not the time."

Ye Feng is ambitious, and Yang Qingzhi knows it.

However, Yang Qingzhi also has his own ambition, that is, when Maple Leaf Fund grows to a certain scale, he will re-establish a private equity fund and add partners.

Such partners must be important figures in the political arena of each country.

Only in this way can the Maple Leaf Fund be guaranteed to have smooth sailing in the subsequent voyage, and even issue treasury bonds for some countries, and the newly added partners are a strong guarantee that the treasury bonds issued can be smoothly recovered.

……

After half an hour.

Yang Qingzhi and Wen Yueqi met Steve Schwarzman, the founder of Blackstone Group, at the door of the restaurant. He was an American in his early 40s, with light blue eyes shining with enthusiasm.

As soon as I got off the car and saw Yang Qingzhi, I waved enthusiastically and said, "Hi!? Yang, How? are? you? doing? (Hi, Yang, how are you doing lately.)"

"not bad."

Yang Qingzhi smiled and shook hands with Schwarzman, and also said in fluent English: "Long time no see, Mr. Steve."

Then Yang Qingzhi introduced Wen Yueqi to Schwarzman, who was standing next to him, and said, "This is Ms. Wen Yueqi."

"Hi, nice to meet you."

After Yang Qingzhi's introduction, Schwarzman extended his hand to shake Wen Yueqi's hand with the same enthusiasm.

"It's my pleasure."

Wen Yueqi smiled and shook hands with Schwarzman. In any case, the American in front of her was one of the legends of Wall Street, the founder of Blackstone, and a great figure like Yang Qingzhi. Wen Yueqi was superficially interested in having dinner with him. He was very calm on the surface, and he was still very happy in his heart.

The three people introduced each other. Yang Qingzhi and Schwarzman walked into the restaurant while chatting, with Wen Yueqi following behind.

Arrive at the reserved location.

Yang Qingzhi ordered the food, asked the waiter to serve the food, and gave a tip. Then he smiled and said to Schwarzman: "I'm glad you can take time to eat with me."

"No, it's an honor for you to invite me."

Schwarzman waved his hand gentlemanly, then looked at Yang Qingzhi, a man who was very high-spirited on Wall Street two years ago, and said with regret: "Since you resigned from Goldman Sachs, I wanted to invite you to come to my company to help. , but it’s a pity that I haven’t been able to contact you.”

(End of this chapter)