Chapter 347 KY Investment Fund

THE SECOND DAY WAS HELD IN THE MORNING, IN THE PRESENCE OF TWO LAWYERS FROM BAKER & MCKENZIE, HENRY WILLIAMS AND DAVID ANDERSON BECAME CEOS AND CIO OF KEY-YOUNG INVESTMENT FUNDS.

KEY-YOUNG Investment Fund was one of the seven offshore companies registered in the Cayman Islands by Yang Jing that year, and now Yang Jing has decided to put this offshore company in the foreground. As for the shareholders of the KEY-YOUNG investment fund, it is the remaining six offshore companies, and as for the ultimate controlling shareholder, it is the dragon fund.

KEY-YOUNG Investment Fund is referred to as KY Fund, because it is a private fund, so all his financial information and shareholder information are kept confidential to the outside world, and outsiders have no right to inquire about the situation of KY Fund, but can only know the basic information of this investment fund registered in the Cayman Islands.

Henry Williams and David Anderson set out to build the KY Fund's personnel structure after becoming the first employees and executives of the KY Fund.

As for Yang Jing, he began to interview senior accountants from major accounting companies.

At present, the pattern of accounting firms in the world is not the famous "Big Four" accounting firms in later generations, but in 1986, it was still the pattern of "Big Eight" accounting firms dominating the world.

At present, these "Big Eight" have not merged with each other to form the "Big Four" pattern in the future, and now the global accounting market is controlled by the eight major accounting firms led by Arthur Andersen.

In addition to Ernst Whitney, Yang Jing also excluded Arthur Andersen, the world's largest accounting firm.

Ernst Wheeney is Mike Aaler's old employer, and Mike Ale has become a shareholder of the Evil Dragon Fund, so it is naturally impossible for Yang Jing to hand over the fund's CFO (chief financial officer) to an accountant from Ernst Wheney's accounting company.

As for Arthur Andersen, although this accounting company is currently the largest accounting company in the world, and even after the merger of KPMG, Deloitte and Ernst & Young, it will not be as large as Arthur Andersen, but Yang Jing really does not want to use this accounting company.

As an accounting company, reputation is absolutely in the first place, fairness, justice, not concealment from shareholders, and no false accounting, which is a bottom line that cannot be touched. Although Arthur Andersen is the largest accounting company in the world, this accounting company has an unshirkable responsibility for the infamous Enron incident in 2001, and has broken through the bottom line that all accounting companies cannot touch.

How could Yang Jing use such an accounting company?

Others don't know, but Yang Jing knows. If Arthur Andersen hadn't helped Enron make false accounts, how could this super company, the seventh-largest Fortune 500 company in the United States, declare bankruptcy?

The infamous Enron incident also completely destroyed Arthur Andersen's credibility!

Yang Jing doesn't want to give himself eye medicine, and finding a CFO will help others to trap him. Since Arthur Andersen has such a "criminal record", Yang Jing will never use this accounting company.

In two days, Yang Jing recruited three senior accountants from the remaining six accounting firms, including Amanda Petrus from Pricewater, who became the chief financial officer of the Dragon Fund and the first woman among the senior executives of the Dragon Fund.

The other two CFOs are senior accountants from Deloitt Harkins Sayles and Coopers.

The former was the predecessor of Deloitte, and the latter merged with PwC to become PwC.

Amanda Petrus is a woman who is known for her impartiality and strong sense of principle, and is a senior partner at Pricewater. In order to poach this strong woman, Yang Jing not only offered an annual salary of $1.5 million, but also directly opened 1% of the shares of the Evil Dragon Fund.

At first, Amanda Petrus was reluctant to come to the unknown Dragon Fund, but after seeing the financial proof provided by Yang Jing as much as $12 billion in cash deposits, even this strong woman couldn't help but waver.

A 1% stake may not seem like much, but under the huge base, it represents a fortune of up to $120 million! Although Amanda Petrus is a senior partner at PwC, she makes only a few million dollars a year. The 1% stake provided by the Evil Dragon Fund is enough for her to work for 20 years.

Not to mention that the Evil Dragon Fund also sincerely offered an annual salary of up to $1.5 million, which is double her current annual salary!

Crucially, after interviewing Cole Smith, the big boss, Amanda Petrus was completely impressed. Although the prospects of the PwC accounting company are also good, it cannot be compared with an extremely powerful investment fund in any case! It only took two investment actions to make a profit of up to $10 billion, and this profit figure is enough for the current PwC accounting company to work for 10 years.

In this way, Amanda Petrus became the third executive to sign a contract with KY Investment Fund.

And when Mike Aller saw that Amanda Petrus had also become the chief financial officer of KY Investment Fund, his eyes almost fell, and he was amazed that the boss's skill was able to poach this recognized strong woman in the industry.

As a former colleague, Mike Allec knows what Amanda Petrus is capable of. It is no exaggeration to say that the former Mike Aller's position in the industry was not even worthy of Amanda Petrus's shoes. He is a well-known figure in the industry, and he is not at all comparable to an accountant like Mike Aller, who was sent to the Cayman Islands as a branch manager.

In 1986, the price of real estate in New York was not as high as it was 20 years later, so Yang Jing directly spent $27 million to buy the 57th and 58th floors of the office building, which will be the base camp of the KY investment fund in the future.

This price is very suitable for buying this floor, and if it were placed in 20 years, the price of this floor would have to at least double!

When Cesar Cook and his team arrived, they were also shocked by the office space of the KY Foundation.

"Boss, we'll be working here from now on?" asked Cesar, looking excitedly at the scenery outside the window.

"Of course, if the five of you are willing to stay, I can arrange a few separate offices for you here. ”

Hearing this, the beautiful Emily smiled and said, "Boss, let's stay here in the future! I've been running around for the past few years, and I'm a little tired." It would be nice to be able to work in such a good place. ”

Emily's husband, Hank Cross, also nodded and said, "Boss, this opportunity from the boss is very rare! Didn't you still talk about wanting to continue serving the boss a few days ago? Now that the boss has sent you the opportunity, why are you hesitating?"

Albert, the man with glasses, also said: "Boss, since we ended the investment operation of the dollar and yen at the end of last year, there has been no big move, and now the boss has brought us together again, it must be a big move." ”

After a pause, Albert looked at Yang Jing expectantly and asked, "Boss, am I guessing accurate?"

Yang Jing smiled and nodded and said: "Albert is right, there is a big action in my plan this year, but it's still too early, if you are willing to stay, you can familiarize yourself with the operation methods of those Wall Street financial elites here during this time, and at the same time, the New York stock market is very good this year, you can try to be a short-term long, but the time is best not to exceed the end of September." ”

Hearing Yang Jing's affirmation, Cesar Cook nodded and said, "Boss, since you have invited us so kindly, if I don't agree, these guys will probably have to kick me off the stage." Boss, let's join!"

"Well, now that you've joined, I'm not going to let you down. I can tell you with certainty that after September of this year, I will plan a dozen investment moves. Well, it's for U.S. stocks. However, the specific situation depends on the specific situation, and I can tell you for sure that this investment action is absolutely indispensable to you. ”

Cesar said: "Boss, with your words, we will completely hand over to you." ”

Subsequently, Yang Jing arranged several separate offices for Cesar and them, different from the ordinary staff working on the 57th floor, their offices were all located on the 58th floor.

After handling Cesar's affairs, Yang Jing came to David Anderson's office.

Seeing the big boss coming, David Anderson, who was busy with things, immediately put down the work at hand.

"Boss, why are you here?" What Yang Jing didn't expect was that David Anderson actually said this sentence in Chinese.

"Do you know Chinese?" asked Yang Jing in Chinese in surprise.

"I understand a little bit. David Anderson smiled and said, "In fact, I am one-eighth Chinese, and my grandmother was Chinese, and when I was very young, my grandmother taught me a lot of Chinese. But now I have almost forgotten about it, and I can only say a few words once in a while. ”

That's pretty rare. Yang Jing originally thought that David Anderson was of black descent, but he didn't expect that he also had a Chinese grandmother.

After talking for a while, Yang Jing mentioned the right thing.

"David, I want to ask you what you think of some of the current American companies, which shares do you think we should buy?"

Yang Jing's question covers a large area and is not very easy to answer. However, David Anderson once served as the head of the investment department of AXA, and this question definitely bothered him.

"Boss, to answer your question, let's not sleep tonight. In this current situation, there are many things that American companies are worth investing in. Here I would like to select a few representative companies to share my views. ”

Yang Jing nodded and made a gesture of listening......