Chapter 147 [As long as you dare to give, you will definitely dare to receive]
"Mr. Lu, are you a little too hasty? After all, it is not a small amount. We also need to discuss internally and be fully prepared."
"Yes, it's a bit too hasty."
"Give it a week?"
In the conference hall, some institutional investors who came to the scene spoke one after another, saying that they wanted to think more about it.
The entry threshold set by Lu Ming is outrageously high, with a minimum of 5 billion yuan and a 15-year closed period. LPs that meet the entry threshold are actually scarce, which requires GPs (investors) and LPs (financiers).
) can achieve such cooperation.
Fifteen years is really not a short time. The longer the time, the greater the uncertainty and the higher the risk.
However, Lu Ming does not intend to lower the entry threshold, and would rather be short-term than excessive.
From now on, it will become the norm for LPs to take the initiative and clamor to throw money at Tiansheng Capital Management. Whether or not they accept the offer depends on their mood, and it will also become the norm.
"Fully prepared? What is considered to be fully prepared? I want to give you time to fully prepare, but the market doesn't give me time." Lu Ming spread his hands helplessly.
Looking at this situation, either you have to make money today, or you have to run with me?
At this time, Lin Qiang of Chaoyun Trust said cheerfully: "Chaoyun brought 18.5 billion in liquidity this time to support Mr. Lu, as always!"
Everyone was shocked. Chaoyun really dared to play. He might as well package the entire trust institution and let Tiansheng Capital manage it...
But when I think about it, it's normal. Chaoyun's current profits are really huge. He has made eight or nine times the profit from one to two billion yuan. This makes countless people envious and envious. When he thinks about it, he is a little angry.
Now that another 18.5 billion has been invested, Tiansheng Capital plans to maintain its position as the No. 1 LP in the long term.
Wang Yue followed up by saying: "Wanxiang is also investing 15 billion yuan to fully support!"
Next, other institutional investors present also expressed their opinions. The final result was that 62 of more than 70 institutions were willing to invest money. The funds raised greatly exceeded Lu Ming's estimate, reaching an astonishing more than 3,300
100 million.
More than 100 billion exceeded!
Needless to say, this is not a public fund-raising operation, but a fund-raising operation conducted by a specific group. Naturally, all orders will be accepted.
As long as you dare to give, you will definitely dare to accept.
Both Lu Ming and Tiansheng Capital are too young. It seems that from a rational perspective, the number 330 billion should not appear today. It seems that everyone makes a little irrational decision-making.
Indeed, there are more or less irrational factors in it, and it is not an exaggeration to say that it is a bit speculative. However, it cannot withstand Chaoyun Trust's sudden profit of more than 100 billion a year, nor can it withstand the asset price of Tiansheng Capital soaring by 2,000 a year.
More than 100 million!
But I can’t stand how delicious it is!
Lu Ming has already revealed his cards. The most fundamental core investment logic of raising this money is to gamble on the fate of the country!
Betting that this country will become more prosperous in the future will inevitably be reflected in the capital market.
Lu Ming also made it clear on the spot that he would not be bearish on China in the next 35 years. Although the institutional investors present were not as unilaterally bullish as Lu Ming, they still had many concerns about the transformation and upgrading of the domestic economy.
A place worth looking forward to.
The pulse of the times is beating, and the institutional investors present have actually felt it strongly. However, the world is too big, and it is really hard to grasp the specific node at which it beats. Although Lu Ming also clicked on a few core assets, but
Obviously not enough for the institutional investors present.
There is no shortage of core high-quality companies in the country. There are many good companies, but there are even more garbage companies. If you are not careful, you will be exposed, and institutions will not be able to withstand it.
Generally speaking, today's investment institutions have to follow the logic of hedging. Using Tiansheng Capital as a hedging tool can also be regarded as a risk control strategy.
The scale of assets under the names of the institutions present is not only 5 billion. Except for Chaoyun and Wanxiang, the other institutions have invested 5 billion. This scale cannot be said in terms of their size.
It's very huge, but it's definitely not a small amount, but it's just right.
Generally speaking, everyone is not too worried. There are more than 330 billion here, plus Tiansheng Capital's current more than 550 billion, which adds up to a total assets of more than 880 billion. Even if a pig is responsible for managing this money, it will not be enough in 15
Did you lose all your money during the year?
Even if it really is about to collapse, such a large-scale collapse will take a process and time to respond. By then, paying 20% of the liquidated damages and forcible redemption will not cover the entire loss.
You have to take some risks. What can you do without risk?
Chaoyun Trust undoubtedly took huge risks by becoming Tiansheng Capital's first LP. There is no doubt that, but looking back, the rewards are also quite amazing.
Tiansheng Capital and major LPs quickly reached a consensus in the morning, and lined up to sign the formal agreement and contract in the afternoon. However, the funds will not arrive immediately, and a total of 330 billion yuan will gradually arrive within the next 45 working days.
The fastest one is Chaoyun Trust, which can call the money in three days. Lin always calls Lu Ming every now and then to ask if he is short of money, and always prepares ample liquidity.
Today Lu Ming came out and shouted that he was short of money. Not only was Chaoyun the first person to arrive, but he was also the fastest to get the money.
With the private equity funds in place, Tiansheng Capital's liquid cash can quickly expand to 405 billion, making it not only the investment group with the most abundant liquid cash in the country, but also the largest asset management investment company in Asia.
After successfully raising 330 billion yuan today, Tiansheng Capital's assets under management have reached 650 billion yuan, which is approximately 100 billion U.S. dollars.
At the same time, Tiansheng Capital’s own total assets have exceeded more than 200 billion, close to 40 billion US dollars.
…
In the afternoon, when Wang Yue, the CEO of Wanxiang Group, was about to say goodbye, he said to Lu Ming: "Mr. Lu, when will Tiansheng Capital launch a large-scale international expansion?"
With the current scale of Tiansheng Capital, it should be deployed overseas. It is impossible to achieve greater achievements without going overseas.
Although Tiansheng QDIE is also doing it, LP is not very clear about the specific situation because Lu Ming did not disclose too many details of its overseas layout to them.
Lu Ming shook his head and said: "For overseas investment layout, in the next three years, I will not consider bringing funds from China overseas. The best overseas investment window has not yet arrived."
Wang Yue was surprised and couldn't help but said: "How can you say this? Nowadays, it is very popular for large domestic companies to buy and invest overseas."
Hearing this, Lu Ming smiled and said: "You lose money. Europeans and Americans are not allowed to enter the money-making fields, and they try to fool you by taking over and losing money. Most overseas investments fail. In the final analysis, it still depends on a higher level of competition. To put it bluntly,
The country’s current comprehensive national strength is not enough. When will our country play a core role in global governance and move to the center of the international stage, when will Tiansheng Capital go overseas in a big way?"
Cross-border investment is not that simple. If you want to invest in high-quality companies in Europe and the United States, it depends on whether they will give you access rights. The answer is definitely not.
Europeans and Americans will only dig holes to trick you into jumping in. When they know that they will be trapped, they can only accept their bad luck in the end, take advantage of the good luck, and return disappointed.
Only after the country behind it takes off in full swing will it be a good time to go to the European and American markets to buy lows.
To put it bluntly in this world, in the end, fists will have the final say.
Lu Ming added: "The main line of Tiansheng Capital's investment will be domestic for a long time in the future. From a profit perspective, the rate of return on investing in a country that is in a period of rapid growth is quite astonishing. The return on domestic core assets
The rate far exceeds that of foreign countries; from the perspective of family and country feelings, it can be regarded as doing its best to hold on to core assets. Foreign investors are very happy to buy at the bottom, and it is ridiculous that a group of domestic people are still singing the empty words."
The institutions that invest money today basically involve pension funds and social security funds. The money of these institutions is closely related to the general public. Needless to say, social security funds and pension funds. Ningzhou Social Security Fund has invested another 10 billion this time.
In a sense, the people of Ningzhou City will benefit from Tiansheng Capital in the future.
The same goes for most trust financial management funds. When the relatively conservative middle class and petty investors buy trust financial products, trust institutions also need to invest. Chaoyun simply reinvests the money in Tiansheng Capital for management.
It is no exaggeration to say that the future of Tiansheng Capital will be related to the pocketbooks and living expenses of thousands of people over time.
…
(Ps: This chapter and the next chapter are today’s guaranteed updates)
