The office of Dayuan Investment is located in Magic City. This is the domestic financial center, gathering various funds, banks, securities firms, insurance, trusts and other financial companies.
Song Ruo returned to China to start a business two years ago in mid-2016, relying on his uncle Song Fa's connections. Galaxy Group was still a giant at that time, and his uncle, as Mr. Ren's personal secretary, had sufficient resources. Coupled with his experience in Wall Street
, it was easy to raise a private equity fund of US$200 million.
Later, relying on his performance in the stock market and equity investment, and his reputation in the industry, he raised another US$280 million in second-phase private equity funds.
Bank of China Building, the office of Dayuan Investment.
It's about four o'clock in the afternoon, today is Christmas, Tuesday. The streets along the Huangpu River are full of festive atmosphere in the cold wind. Only the sky is cloudy.
Song Yaozheng and two partners of "Dayuan Investment" were chatting about the recent situation in his office. He was listed on Weibo's hot search for several days, and the denunciation of him on the Internet became stronger and stronger. Comments on him on the Internet
The comment with the highest number of likes is an argument: eat the Chinese people's food and smash the Chinese people's pot!
"Fred, you'd better respond! After all, this is 2018, not ten years ago. The online public opinion environment is very bad!" Fred is Song Yao's English name.
“The Internet is really a bit democratic now.” Another partner rubbed his scalp and sighed.
Song Yao pursed his lips slightly, took a sip of coffee, and said with a smile: "There is no need to respond. The customers of our Dayuan Investment are not those netizens. Private equity funds are not meant to face the public. I think Jing Gao is a man with no skills!"
His overseas remarks have been posted on the Chinese Internet for several days. It would be strange if he didn't know that he was being persecuted! Who else besides Jing Gao? He has been blocked even if he calls Zuo Hao now
.
fo
To be honest, he still regretted offending Igao at the beginning of the first two days. He has been in the United States for 7 years and is well aware of the horrors of the bosses in charge of the media!
"Fred, are you really okay?"
Song Yao smiled nonchalantly and said: "I had dinner last night with Liu Shaojun, the boss of Jingming Group, and Zhou Mingyang, the boss of Mingyuan Group. They assured me that things on the Internet are things on the Internet. Jing Gao can't do anything about it.
Come up with other little tricks."
When the two partners heard the news, they breathed a sigh of relief. The storm of public opinion was afraid of turning into actual actions. If not, it would just be a storm of public opinion.
"It's fine if you don't. It would be very troublesome for a person of Jing Gao's level to do something small."
"Mr. Zhou's reputation in Shengtantan is very good, and he has nothing to do with Jing Gao of the Phoenix Group. Since he guarantees this, it won't be a big problem."
After appeasing the hearts of the two partners who had been affected by the "storm", Song Yao became in a very good mood, got up and left the company. He continued to appease his big clients during his dinner. The dinner was held at the Sinan Mansion. In the evening
At about six o'clock, the waiter took him to the box. Suddenly, a cold drizzle began.
The light rain in winter had a biting chill, but Song Yao didn't care. He sat on the sofa, drank the hot tea poured by the waiter to warm his body, and waited for his big client to arrive. The light rain knocked on the simple windows. The biting winter cold was isolated from the outside.
.
The capital behind him supports him, but the real money invested in him is actually not much. Otherwise, how could the scale of his private equity fund be less than 500 million US dollars. Those are internationally famous capital and consortiums!
"Mr. Song, hello, hello!" Tang Jiacheng, the second son in charge of the entertainment industry of Tomson Group, was brought in by the waiter and shook hands with Song Yao enthusiastically.
The Sinan Mansion is very famous, but Mr. Tang has been well-dressed and well-fed since he was a child, and he doesn't care about the luxurious furnishings in the private rooms.
Song Yao smiled and shook hands with Mr. Tang, who was thirty-five years old at the time, and ordered the waiter to serve the food and wine. He said with a smile: "Master Tang, we haven't sat together for a while, and I just wanted to chat with you about the recent stock returns.
"
In private equity in China, as long as you can make money with clients, you are definitely a master! And the two funds of Dayuan Investment under his management have now gone through the fundraising period and the closed period, and are now in a stage where they can be purchased and redeemed freely.
Stage. He gave an annual rate of return as high as 28%.
This is a very impressive report card among domestic peers. Sequoia China’s annual return rate is only 33%.
Nowadays, the average person on the Internet has an academic degree of 985 and an annual salary of one million. This public opinion environment has completely distorted people’s perception of wealth figures. In fact, many industries have a hard-earned net profit of more than 10% in a year.
If a private equity fund achieves an annual return rate of 10%, it will gain popularity in the market. How about a private equity fund that ranks high in the industry?
According to incomplete statistics, the total number of Sunshine Private Equity Funds and underground private equity funds in Shanghai is no less than 1,000, and there are more than 2,000 fund products. Among these 2,000 fund products, 10% of them were guaranteed during last year’s bear market.
No more than one-tenth of the funds have positive returns.
So this is the status comparison between him and Second Young Master Tang. He who has skills is the boss!
It's just that in this current situation, he needs to appease his big customers. He is not an idiot! Of course, he has to keep in touch emotionally at this time! After all, it will be very troublesome if the big customers propose redemption at this time.
Tang Jiacheng took a sip of wine and was chatting with Song Yao. Then he got into the topic: "Um, Mr. Song, I have recently invested in several film and television dramas, and my money is a little tight. Look..."
Song Yao, who was still a little reserved in his heart, felt embarrassed, but the expression on his face did not change. He continued to pour wine for the handsome Second Young Master Tang with a smile, and his smile was like a spring breeze: "Young Master Tang, I understand, I understand.
.How much do you intend to redeem?”
Tang Jiacheng was a little embarrassed and said: "I plan to redeem them all. Mr. Song, I am really sorry. I am too tight at the moment and have sold two houses."
How many?
Song Yao felt his heart tremble slightly, and the wine bottle in his hand was frozen in mid-air. He didn't even notice that the wine glass was full, and the fragrant Maotai wine was being poured on the wine table. How could this happen? He had just returned from
The relaxed mentality I had after coming out of the company was gone. I felt like I had been slapped in the head! It also felt like I had been stabbed in the back, and my heart felt chilly.
Feitian Moutai spilled half of the table. Song Yao came to his senses and quickly put down the bottle. He tried hard to maintain the smile on his face and persuaded: "Master Tang, can you redeem the 60 million US dollars in one go? This year is a year.
In the bull market, I can privately promise that this year’s return rate will not be less than 30%.”
Tang Jiacheng sighed inwardly and refused: "I'm sorry, Mr. Song!"
"It's okay, it's okay! You know the rules of redemption."
"I know. It will arrive within three days. The handling fee is 1%."
"Okay. You can redeem it online. There will be no problem on my side. That's it for today."
"Um."
Song Yao forced himself to maintain his grace and sent Tang Jiacheng to the door of the box. But when he shook hands and said goodbye, his right hand was trembling slightly. The combined value of the two funds was one-tenth! This would kill Dayuan Investment.
Tang Jiacheng came out of Sinan Mansion and looked at the silky drizzle in the night sky, as well as the bustling street lights, buildings, and busy traffic, and couldn't help but sigh in his heart.
Song Yao's embarrassment was witnessed by the whole audience as someone who had personally experienced it and stabbed him in the face. But he actually didn't have much ridicule or disdain. Instead, he felt that Song Yao's reaction was natural and normal!
He and his mother, who is currently in charge of the Tomson Group, went to visit Mr. Jing at Yuntu Villa in Beijing. The meeting left a deep impression on him. Mr. Jing, who was less than 30 years old, looked ordinary in appearance, but that
Her stunning appearance puts a lot of pressure on her.
He felt like he was meeting the emperor. His mother had a humble attitude and was accompanied by a stunning beauty. Only then did he understand this matter.
The reason was simply that the CEO of an entertainment company he had a stake in, a former gold medal producer in Hong Kong, offended Mr. Jing! The gold medal producer ultimately committed suicide.
So, Song was going to be on the meager headlines for four days. Who didn’t know that this was a declaration of war? How dare Second Young Master Tang continue to do business with Song? He was not crazy! In fact, not many people dared to do business with Song.
Jing Gao reluctantly came here!
The redemption wave of Dayuan Investment will come soon!