December 9th.

Standard & Poor's, an international rating agency, issued its first credit rating report for Phoenix Investment Group, and unsurprisingly gave it a junk rating of "CCC". Although it was questioned by many news media before, and there was a suspicion of forced buying and selling, S&P still released this report.

In the report, S&P noted that Phoenix Investment Group's investments are gambling in nature, not sustainable, highly susceptible to changes in the surrounding economic environment, and have limited ability to repay debts. In addition, the boss of Phoenix Investment Group is always Tang, who is a Chinese, and his personal credit is also up for debate.

This S&P rating report has greatly dampened investors' credit with the Phoenix Vanguard Fund. The direct manifestation is that some investors want to withdraw from the investment agreement that has been negotiated.

Phoenix Investment Group, Phoenix Vanguard Fund Management Office.

"Hey, hello, I'm Li Xiaofeng from Phoenix Pioneer. Oh, that's Mr. Benjamin...... What, you want to hold off on investing? Li Xiaofeng said in surprise.

"Lee, you heard it right. I found a better investment, so I'm sorry. ”

"Okay, then I wish you all the best in your investment." Li Xiaofeng smiled reluctantly.

Hang up the phone.

After a few moments, the phone rang again.

"Hello, I'm Li Xiaofeng from Phoenix Pioneer."

"Hello Lee. I regret to tell you that your company's credit rating has made me no longer confident in this investment, and I will withdraw this investment in order to ensure the safety of my funds. After speaking, he hung up the phone in a hurry, and didn't even have a chance to let Li Xiaofeng react.

"Hello, I'm ......"

……

……

"Head, this is the first time that investors have withdrawn?" A trader looked at Li Xiaofeng with a worried face and asked helplessly.

Li Xiaofeng shook his head with a wry smile helplessly.

Although he has had in-depth conversations with investors before, many investors still withdrew from the S&P rating report as soon as it came out.

Capital is profit-seeking, and it is normal to discover danger and flee.

But.

The Phoenix Pioneer Fund has not yet been officially operated, so why do they believe that the Phoenix Pioneer Fund cannot bring them considerable returns?

All I can say is......

The impact of S&P's ratings is terrifying, and a few simple words can influence the decisions of countless investors.

Now.

The office of the Phoenix Pioneer Fund is gloomy, no one can do anything, everything that should be done has been done, and what should be fought for has been fought for, and the fate of the Phoenix Pioneer Fund can only be decided by oil investors.

"Head, the current fundraising is very unfavorable to the Phoenix Pioneer Fund, you see, should we recommend that the boss postpone the closure period of the Phoenix Pioneer Fund to give investors more time to think. Otherwise, with the current situation, it is difficult to determine whether the Phoenix Pioneer Fund will succeed! Li Xiaofeng's deputy suggested.

……

"What's the matter, you're not in a good mood?" Tang Bao, accompanied by Horst and Nick, came to the office of the Phoenix Pioneer Fund.

Looking at the depressed members of the Phoenix Pioneer Fund, Tang Bao could understand.

"Boss."

When Li Xiaofeng saw Tang Bao appear, he hurriedly stood up to greet him, and other professions also stood up.

"It's okay, you're all going your own way. I've heard that an investor has been notified to withdraw their investment? Tang Bao stared at Li Xiaofeng and asked.

"Yes. At present, I have received a clear notice that 23 investors will withdraw their investments, and 39 investors have not yet received notice. Twenty-five investors have signed investment contracts with us and transferred funds to the Phoenix Vanguard Fund account. ”

Li Xiaofeng replied depressedly. The investment that had been negotiated suddenly turned yellow, can he not be depressed. But his mind was still very clear, he knew what the boss wanted to hear most at the moment, and hurriedly suppressed his depressed mood and reported the situation of the Phoenix Pioneer Fund in detail.

"Hmm."

Tang Bao nodded understandingly, and did not criticize half a sentence on this issue, the responsibility is not on the Phoenix Pioneer Fund management team, and can only blame Arthur Andersen Wadia slut, as well as Standard & Poor's.

"Today, I came to see you, just to hope that you don't have too much pressure. The S&P's rating may influence the decision of some Phoenix Vanguard investors, but this is definitely not a loss for Phoenix Vanguard, and time will eventually prove that it is those who flee. Tang Bao puffed everyone up. Oh, and also, the Phoenix Pioneer Fund closed as originally planned, and it will not be postponed to wait for those who are hesitant. ”

"But ......"

Looking at Tang Bao's undoubted expression, Li Xiaofeng's words came to his mouth and swallowed again. He hoped that Tang Bao could delay the closure of the Phoenix Pioneer Fund, and that he could give hesitant investors time to think carefully, and perhaps recover a large part of the loss.

But.

Li Xiaofeng also knows that his boss is a man of his word, and the decisions he makes are difficult for even his immediate boss, Phoenix Investment Group President Horst, to change. What's more, Phoenix Investment Group is not short of funds at all, and it doesn't care whether investors go or stay.

"Phoenix Pioneer Fund is the first private equity fund launched by the company, but it is definitely not the last. I hope that in the future, when Phoenix Investment Group issues funds, we will not go around negotiating with investors and seeking investment. Instead, let investors take the initiative to come to us and send us money! Tang Bao said to the members of the Phoenix Pioneer Fund.

After speaking.

Tang Bao left.

Li Xiaofeng and others were stimulated by Tang Bao's words, and investors took the initiative to come to the door to send money, how easy is this, there is no impressive performance, who is willing to send money? Li Xiaofeng suddenly understood what Tang Bao's words meant, maybe this is the purpose of the boss coming over today, no, more precisely, ambition. What can be done to achieve this ambition? Of course, it depends on the performance of the Phoenix Pioneer Fund, as long as the performance of the Phoenix Pioneer Fund is good enough, when the Phoenix Investment Group launches a private equity fund again, it will inevitably be investors who are begging to send money.

In the final analysis, this is Tang Bao's expectation of Phoenix Pioneer Fund!

Thinking of this, Li Xiaofeng felt inexplicably excited, and shouted at everyone: "Did you hear it, the boss's expectations for us are very high, and we must not let the boss down." ”

……

"Hello, I'm Li Xiaofeng from Phoenix Pioneer Fund." Li Xiaofeng picked up the phone.

"Hello, Lee, I'm Baxter of Southern Financial Corporation, and after our company's evaluation, I have decided to continue investing in the Phoenix Pioneer Fund. We are very optimistic about the prospects of the Phoenix Pioneer Fund! Baxter on the other end of the phone spoke slowly, but for Li Xiaofeng, it was undoubtedly a huge uplifting piece of good news.

Up to now.

It was the first time that Li Xiaofeng had received a call from an investor to keep investing, which had to be said to be very exciting.

"Ah, thank you very much Mr. Baxter for your trust in us, I believe that your decision is definitely a wise decision, and the Phoenix Pioneer Fund will definitely bring you satisfactory investment returns." Li Xiaofeng thanked him first, and then said with a smile.

"Head?"

Hanging up the phone, everyone couldn't help but wonder when they saw Li Xiaofeng sweeping away the haze on his face and showing a smile.

"The $35 million investment agreement of the Southern Financial Corporation has been finalized, and the investment agreement can be signed immediately!" Li Xiaofeng announced to everyone. Everyone was nervous about the withdrawal of investors, and it was necessary for him to use this news to boost morale.

"Really?"

"Of course it's true, it was Baxter's phone call just now, and the investment agreement will be signed soon. Julie, prepare the contract documents and follow me to the Southern Financial Corporation to sign the contract! Li Xiaofeng commanded. Okay, everybody get on with things. The first task is to get in touch with investors who have not yet made a clear decision to get them to continue investing in Phoenix Vanguard, and it doesn't matter if they fail. Just as the boss expects from us, we at Phoenix Pioneer Fund want to conquer investors with investment income! ”

Maybe it was Tang Bao's speech, or maybe it was the support of the Southern Financial Corporation of the United States, that made the members of the Phoenix Pioneer Fund suddenly become full of enthusiasm again.

Soon.

Everyone is busy again.

……

Time flies.

In a blink of an eye, it came to December 15th, and Phoenix Pioneer Fund announced on time that it would close its investment channels and no longer accept new investors to join.

The Phoenix Vanguard Fund received a total of 71 investors and raised $815 million, much less than previously estimated.

Apparently.

The Phoenix Vanguard Fund was affected by the S&P ratings incident and suffered a minor setback, but this did not dampen their confidence.

"Recently, I have seen everyone's efforts. It can be said that the preparation of the Phoenix Pioneer Fund was successful, and I still say that giving up the Phoenix Pioneer Fund is not our loss, but the loss of those who are timid. Time will tell, and they will regret it! Tang Bao said solemnly.

So far.

The Phoenix Pioneer Fund stumbled all the way, but it was finally formed.

Although Tang Bao spoke beautifully in front of the members of the Phoenix Pioneer Fund, it was the first time he saw the terrifying influence of the three major rating agencies, and the shock in his heart was conceivable, which couldn't help but make him think more......