John Paulson was not the first person on Wall Street to be a hedge fund at this time. Pen ~ fun ~ pavilion www.biquge.info

Not everyone can do this in the fund industry, and there will be no customers to invest without fame.

Last year, he saw the momentum of hedge funds and shared an office with several other smaller hedge funds to create Paulson-Co, a hedge fund specializing in M&A arbitrage and event-driven investing.

His Paulson-Co company currently has less than 500 customers.

Those were old acquaintances he had met when he was working at Bear Stearns, the fifth-largest investment bank in the United States, and managing the Grus Partnership.

In addition, some of their own relatives, etc., the assets under management of the entire Paulson-Co company are less than 23 million US dollars.

Yesterday he came to Paris to discuss business, and unexpectedly found that the incoming President Chirac was going to hold a salon at the Hotel Cleon, and many wealthy people would attend, so he asked his business partners to bring him with him.

Since the beginning of the banquet, he has already looked for four potential targets, and those rich people are still very interested when they hear him about the specific operation of merger and acquisition arbitrage.

But as soon as I heard the name Paulson Hedge Fund, I circled around in my head, didn't find any impression of it, and then my attitude was cold.

Han Xuan is Paulson's fifth target.

If Han Xuan is willing to invest some money, the role of Paulson's fame will be incomparably great.

When he goes out to discuss business in the future, he can boast that Han Xuan has also invested in his own fund.

Having worked in the financial industry for many years, John Paulson considers himself to have a lot of experience in getting money out of his clients' pockets.

He prepared a lot of rhetoric to impress him, including a 12% annual rate of return, the possibility of redemption at any time, and so on.

But I didn't expect that I didn't say anything, and Han Xuan agreed to come down in one bite.

Paulson's whole head was confused, thinking that he had misheard, and asked in a daze, "Excuse me?"

"I said, I'm willing to invest in you, how much do you want?" Han Xuan repeated his words again.

"Oh......"

Paulson was in a state of loss and loss, wanting his investment too much and fearing that he was making fun of himself.

If you don't listen to the details of the fund, you can directly say that you are willing to invest.

"There are a lot of people here, we went to the balcony to talk carefully, so ...... Did you know me before?"

"You're going the other way around, Mr. Paulson, the balcony is over here. ”

"Ahh

"Yes, I know your Paulson Fund.

I wanted to acquire a few small fund companies, including your name. ”

Han Xuan said nonsense.

Paulson took it seriously, he heard that his company would be targeted by Han Xuan, and a hot current suddenly poured out in his heart, his body was warm, and he felt that success was just around the corner.

Thinking about Han Xuan's words carefully, he asked suspiciously: "Excuse me, do you want to invest in this company itself, or invest in my company's fund?"

Han Xuan hit him mercilessly and said: "What I want to invest in is Paulson Fund Company and become your partner."

If you want to buy a fund, I know Warren Buffett and Soros, the math teacher Mr. Simmons's medal fund, and the rate of return will be higher than that of your company. ”

"Why are you looking for me?

I mean, why would you fall in love with my company?"

The names of these three people are the most commonly mentioned in the world's financial circles, and John Paulson has the heart to save some face for himself, but compared with them, he has no advantage in any aspect, which is an indisputable fact, and his face is clearly depressed.

"Your company is small, but I like you, Mr. Paulson. ”

Han Xuan felt that he had hit him just now, and said a comforting word, "I think you are very capable, and this is the reason why I am willing to invest."

I recently set up an angel investment division that is independent of Snow Mountain Investments.

Over the next three years, at least $500 million will be invested to support companies around the world that have potential but lack capital.

Do you want to be the first?

With my help, I believe that Paulson-CO will develop even more rapidly......"

In the distance, the Eiffel Tower turns blue, white, and red from top to bottom, as does the Ferris wheel on Place de la Concorde.

Standing on the balcony, you can enjoy most of Paris at night thanks to the absence of towering buildings to obstruct the view.

The Hotel Cleon is located on Avenue Montaigne, in the "Golden Triangle" of Paris, and the land is expensive.

On this famous street, where the most glorious and historic brands of the fashion industry are concentrated, the big sign of Dior's headquarters is lit up in white.

The lights on both sides of the Seine are yellowish, and the waters of the Seine glow through this western city with an ancient history.

The wind was very comfortable on his body, Han Xuan put his arm on the balcony, beckoned to call the attendant, and replaced the glass of grape juice in his hand with red wine.

By the way, I also helped Isabelle get a cup, and she couldn't ask for it.

Such a wonderful night scene and moment made her want to drink.

Paulson struggled violently for a long time and asked, "How much are you going to bid for my company?"

Paulson has never raised money, its shares are mine, and I can't let you control it.

If you only have a small stake, maybe you can talk about it. ”

"Even if you bid six million dollars?"

Paulson choked and stopped talking, a price that was twice the actual value of his company.

Just when he was struggling violently in his heart, Han Xuan continued: "I only need about 40% of the shares and buy them at a market value of six million dollars, so it's okay, right?"

“…… Deal. ”

Paulson stretched out his hand, regretting in his heart that he had spoken too soon.

If he knew in advance that Han Xuan was willing to bid six million US dollars for his small company, which had just been established for less than a year, then ...... In fact, it is also possible to sell more shares.

"Give him a business card. ”

Han Xuan touched his pocket and beckoned to Secretary Dawson, who was being hooked up by several young French women by the door.

Dawson finally found a reason to flee, quickly opened his bag, and ran over with a hollow tungsten gold business card.

After Paulson said goodbye, Isabelli said, "I've been learning to do business lately.

Tell me, why do you have a crush on him?"

Could Han Xuan say that in the future, John Paulson made tens of billions of dollars in the subprime mortgage crisis, which was used as a case study by university teachers and taught in the classroom?

And if you want to make money in the subprime mortgage crisis, you need to have a keen eye, and you are looking for available talents when the crisis breaks out in the future?

Of course not, so Han Xuan said to Isabelle: "Do your economics research."

Don't ruin your family's business, learn what business ......" (To be continued.) )