549 The coveted BlackRock

Although Li Feng in his previous life was not a practitioner or professional in finance, the information of the later life was too widely disseminated, and Wall Street stars Blackstone, Black Rock, Da Mo, Merrill Lynch, Goldman Sachs, including Fidelity, etc., these well-known funds, investment banks, banks and other financial institutions, even ordinary people can always hear them.

Among them, Li Feng is most interested in the 'two blacks', black rock and black stone, compared with the rest of the top large financial institutions, the history of the 'two blacks' is relatively late, so that Li Feng has the opportunity to meddle in Wall Street affairs.

Unfortunately, Blackstone's management model and Blackrock represent two ends respectively, Blackstone's boss firmly controls all the company's partners and management, and it is difficult for outsiders or even external shareholders to intervene in it, while Blackrock, which is BlackRock's Larry Fink, is quite a bit of a 'Silicon Valley spirit', that is, knowing how to share.

Larry Fink's Black Rock Company, every employee is a shareholder of the company, and even one share has one vote, and Larry Fink's own shares are not even 1% of the company, and there are several data that are very telling.

Larry Fink has never been worth more than $1 billion, and the market value of Black Rock has reached more than $80 billion, while Fink's worth at that time was only about $600 million, and the founder of Blackstone, who was only half of Black Rock at that time, was worth more than $13 billion.

Comparing the two, there is no doubt that Black Rock is the most likely to become a shareholder or even a major shareholder, and if Black Rock wants to take power, the possibility is too small.

……

Later generations have data showing that Black Rock has been in the past 30 years since its establishment, but it has created more than 3 trillion US dollars in profits and more than 100 billion US dollars in profits for the company's shareholders.

Think about it, if you become a shareholder of Black Rock, if you can hold dozens of percentages, just by virtue of this identity, by the time Li Feng is reborn, the cumulative dividends may be in tens of billions of US dollars, not to mention holding the shares of Black Rock Company, the market value of this share is in tens of billions, and now investing in Black Rock is too valuable and too eye-catching.

"Larry, I think when you first worked with PNC, you should have signed an agreement to introduce capital to dilute its shares, right?" Li Feng asked with a smile.

"Hi... , John, I can't hide anything from you, there is indeed such an agreement. ”

"Haha... Larry, this seems to be the consensus of Wall Street, you can guess it, can't you?" said Bill Wilbe, laughing and quipping.

Li Feng laughed again and quipped and said: "I think PNC has received a value-added return over the years, which has far exceeded the investment at that time, and now it is a bit out of place to hold such a large number of shares of BlackRock, I am very interested in acquiring a part of PNC's BlackRock shares, I wonder if Larry agrees with it, and is even willing to help pull the strings?"

"John, I can go back and help you mention what the final result will be, I can't guarantee it, after all, the shares are in the hands of PNC, but I think PNC should be satisfied, and be able to get your friendship John and reap a good cash proceeds.

Besides, I think John joins BlackRock's shareholders' meeting or even the board of directors, and with your St. John Lee sign, it should be beneficial to the company's development, isn't it!" Larry Fink's eyes lit up at this time, and then he raised his glass and gestured.

"Larry, I think you have too little of BlackRock, maybe I can ask the bank to lend you some of it, what do you think?"

"Cheers!"

β€œCheers!”

β€œβ€¦β€

……

There is no doubt that Li Feng's proposal can be said to be in the hands of Larry Fink, as for Li Feng's words about letting her lend her money and increasing her shares, it makes Larry Fink even more excited, and similarly, I also understand in my heart that Li Feng is letting out the bait, waiting for him to take the bait.

Li Feng's meaning is very clear, when Li Feng officially invested in BlackRock, it was when Li Feng helped him take out loans and increase his shares.

Larry Fink is very confident in his BlackRock, now BlackRock manages more than 100 billion US dollars in assets, among the many asset management companies on Wall Street, it is not small, similarly, people who work Wall Street, no one should be unable to get along with money, if there is an opportunity to increase his stake in BlackRock, Larry Fink will never let go.

It can be said that Li Feng's bait is too big, and there is naturally a worry about PNC shares, after all, there are too many shares, and there is such an opportunity to dilute other people's shares, Larry Fink really doesn't want to let go, otherwise, Larry Fink will not bring Merrill Lynch in the future.

"John, Larry, what are you talking about, would you mind us hearing it too?"

Just as Li Feng and Larry Fink were drinking and celebrating, there was a joke on the side, and everyone turned to look, but it was John Mack, the current president of Da Mo and who had contact with Li Feng before.

"Wow... Isn't this our King of Wall Street, Mr. John Mack, Da Mo?" Li Feng quipped.

"Mike, long time no see, hello!" Larry Fink greeted with a smile, apparently the two of them should know each other.

β€œβ€¦β€

……

A greeting and reminiscence is inevitable, all the people present are elite talents, even if it is a small talk, it is inevitable that Wall Street is how, which company is how, etc., it is very lively, as for the topic of Li Feng and Larry Fink before, it is naturally temporarily shelved.

"Boss, I'll go over there first, Larry and Sergey are calling me, you guys talk first. At this time, Eric on the side suddenly smiled and said.

"Oh... Okay, go get busy. ”

Li Feng followed Eric's eyes, not far away were the two Google bigwigs, Page and Brin, and at the same time, beside the two, Li Feng also saw several familiar faces, namely Michael Moretz and others from Sequoia Capital.

"Oh... , John, it seems that your flight and Google are really attractive, no, they are here and shouldn't be here, congratulations again. John Mack, the CEO of Da Mo, joked with a smile.

"Yes, that's my honor, no, even you Da Mo are here, and it's normal for the rest of you to come!"

"Haha... , indeed!" John Mack listened to Li Feng's compliment in his tone, and immediately replied with a smug smile.

For Da Mo's compliment, it really is not a deliberate compliment, to be honest, Da Mo deserves Li Feng's compliment, and the investment bank that can stand tall on Wall Street, from the original five major investment banks, to Li Feng's rebirth, there will only be Goldman Sachs and Da Mo.

……

Although nominally this cocktail party is a financing reception from Feixun and Google, Li Feng's mind has been on Apple, Qualcomm, and BlackRock from the beginning.

Therefore, the next cocktail party was not shocking, Li Feng was busy chatting and making friends with capital institutions from Silicon Valley and even the United States, which can be regarded as expanding his 'circle of friends'.

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