Chapter 435 [Leave the past and then continue the past? 】
When Lu Ming heard what the other party said, he did not show any surprise on his expression. Instead, he responded quickly. He said calmly: "No problem, but the premise is that the profits from the previous blackmail of me are returned to
I."
Tiansheng Capital previously managed US$4.5 billion in assets for the other party, but now it has increased by 1.5 times. Based on the excess performance commission ratio of 35%, it is about US$2.362 billion.
John Braine nodded cheerfully and said: "Of course, no problem."
Now that he ran over, he must have been prepared for Lu Ming to settle the accounts. Even if the US$2.3 billion was removed, Goldman Sachs still made US$4.3 billion. It was so delicious that he didn't want it, so he ran away this time.
Come here, it’s all green!
If you are willing to give this money, of course you want to get more money later.
As for the fact that Tiansheng Capital has been banned globally by Datong, both parties have a tacit understanding and have not mentioned this matter, because it is really not a problem at all, and Tiansheng Capital is not the only one who can play with diving funds.
On the surface, you must follow the commander-in-chief, but you still have to earn money for provoking someone secretly.
Lu Ming added: "The sharing ratio will also need to be recalculated. I can not charge management fees, but the profit sharing ratio will be increased to 50-50."
The translator next to John Brain translated his words. The foreigner had been calm and composed before being teased by Lu Ming, but when he heard this, he became anxious on the spot because he had something to do with Dao Lai.
"Mr. Lu, did I hear wrongly, 50% profit sharing?" John Brain gradually increased his volume, looked at Lu Ming with an exaggerated expression, and immediately added: "Then can you guarantee an absolute profit of
Right?"
Lu Ming glanced at him like an idiot, then looked back and said slowly: "If I can guarantee absolute positive returns, you won't be able to get this deal, right?"
John Braine was speechless. Of course he knew that there is no absolutely seamless positive return in the world. "Then you still charge me 50% of the profit share? This is unfair and unreasonable. Goldman Sachs took huge risks but did not
Get matching high returns.”
Lu Ming spread his hands: "This is my price, just a fixed price. If you can accept it, we will cooperate. If you can't accept it, then it can only be said to be a pity."
These words were equivalent to blocking John Blaine's room for negotiation and bargaining. The two parties were stuck here for a while, and finally John Blaine said: "Excuse me, what is the reason for you to ask for a 50% share?
Or why?"
Lu Ming smiled confidently, looking at the other person without hesitation and said: "I can bring an average annualized return on investment of +165% to the LPs under Tiansheng Capital. Is this reason enough?"
When John Braine heard this, he fell silent on the spot. In fact, this was the biggest reason why he came here. In today's world, there is really no other GP who can be like Lu Ming.
It can bring such an exaggerated return on investment for a huge amount of hundreds of billions of dollars.
This is really no different from robbing money. The money printing machine will print until it is scrapped, and robbing the bank will not make money as fast as him.
After a while, John Brain ended the silence, looked at Lu Ming and said, "I'm very sorry. I'll go to the bathroom first. Please wait a moment."
Lu Ming raised his brows and nodded. Only he and the portable translator brought by John Brain were left in the reception room for the time being. Lu Ming, who had nothing to do, couldn't help but look at the young man with interest.
Blonde translator girl.
She is too tall to be considered stunning, but she is very good-looking and has a very impressive figure, but it is just for looking at, nothing more.
When the other party saw that he was sizing her up, not only did she not shy away, but she flipped her hair and looked at her. If Lu Ming was willing, she wouldn't mind having something happen with the richest man in the world.
But Lu Ming does mind.
There was no verbal communication between the two parties.
This was just a small episode. After two or three minutes, John Blaine, who pretended to go to the bathroom but actually called the headquarters, returned to the reception room again.
Lu Ming looked at the other party and smiled: "How is it? Mr. Blaine, how do you think about it?"
John Braine was concise and concise: "We accept the 50% share ratio, but we have to add a condition."
Lu Ming: "Please tell me."
John Brain: "There cannot be a lock-up period for funds. We can withdraw at any time if necessary."
Hearing this, Lu Ming shrugged and said nonchalantly: "It doesn't matter whether it's locked or not. The previous cooperation was also locked for fifteen years. What's the result? You guys unilaterally tore up the agreement in less than two years. It's shameless.
I’m really not as good as Wall Street.”
John Brain coughed a few times in embarrassment, and said with a dry smile: "Mr. Lu, you can't speak so harshly. It was the result of legal force. We had no choice but to do it at that time. Didn't we agree to secretly
The profits your company deserves have been returned in full. Is there a long way to go in the future? We still have to look forward, what do you think?"
Lu Ming laughed inwardly. Hasn't the legal force come over now?
But it was almost done. Lu Mingdao did not continue to ridicule and nodded: "Okay, let's forget about the past and hope that we can move on to the future."
The two parties reached a preliminary consensus. This time, Goldman Sachs came over secretly. The outside world was still blocking Tiansheng Capital, so there would be no big fanfare. Moreover, other institutions on Wall Street were not involved. As for whether the other party had discussed it, it was not Lu Ming.
Things to think about and not care about.
Goldman Sachs plans to provide custody of US$10 billion this time.
John Brain came and left just as quickly. Today, the two parties only reached a verbal agreement, but it was also a good start. It was impossible for the funds to be handed over to Lu Ming in a short time.
After all, in principle, this transaction between the two parties is considered an unsightly one.
In fact, for this transaction, Lu Ming was not afraid that Goldman Sachs would turn its back on the deal. Goldman Sachs was unwilling to expose this secret transaction, but this was not the main reason.
The real reason is that Lu Ming will not tell Goldman Sachs what kind of product it has made, and he can even put out some smoke pop-ups when necessary, so that even if he wants to, he can't cut it off.
Moreover, the operating space here is huge. Lu Ming really doesn't care about the 50% profit doubling of the US$10 billion in one year. What really made him decide to accept Goldman Sachs' funding entrustment to cooperate with them again is
To obtain greater diving funds operate overseas.
It is not easy for Tiansheng Capital to dive into the sea with money, and the market waits for no one. Goldman Sachs' proper operation can be called a timely help.
10 billion US dollars, giving Goldman Sachs an annualized profit of 1.5 times would make them happy and confused. Anyway, they would not tell the other party what kind of product they made, and Lu Ming would also share half of the 1.5 times profit. Goldman Sachs was still very happy.
But this is just a small head. The real big head is that with the $10 billion in principal provided by Goldman Sachs, it means that Tiansheng Capital can use this money to operate and leverage leverage funds, such as 20 times leverage to go to global capital.
In terms of market pricing, it is a super-large scale of US$200 billion.
This is a great thing. Goldman Sachs only received a return on investment of US$10 billion, and the profits from the other US$200 billion of leveraged funds were all eaten by Tiansheng Capital.
John Blair doesn’t know about this yet, and he might still be so happy about earning billions of dollars from 10 billion U.S. dollars. If he knew that this was just a charity, he would just take a sip of the dregs of the soup and say he was sending a beggar away.
It's not too much, and John Blaine is probably stunned by the pace.