Chapter 029 Guaranteed Principal and Returns

"With cinemas, you have the right to speak, and then you can get involved in film production and distribution. Now that China's private film and television companies have just started, now is the best time. There is a general lack of funds in Huaxia, especially private enterprises, if we start with private equity, we will have a huge amount of funds, which is equivalent to abusing vegetables with more advanced weapons, and it is difficult to succeed. Well, with the money from private placement, to do our business, this development route is very reliable. ”

"The regulation of private equity funds in Citigroup has always been relatively lenient, and some of the applicable laws are relatively old, and the relevant provisions of the exemption clauses in these laws can be exempted from registration, so as to circumvent the supervision of the SEC. However, no matter how lax Citigroup's regulations are, they cannot escape the eyes and ears of the tax authorities. Therefore, it is better to register an offshore fund, and you can register an offshore fund in the British Virgin Islands where Mountainside Technology is registered. It is also possible to avoid taxes. Offshore funds can also find a Citigroup bank to be the custodian of private equity funds, so that the credit is better, it is easier to raise funds, and the fees to be paid are not much, about one thousandth. ”

"I never really understood the difference between private equity and venture capital. And is it possible to protect the principal and return of private placements? I have heard that in some countries it is illegal to do so. ”

"There is a difference between private equity and venture capital, private equity mainly refers to the source of funds and the way to raise funds, venture capital does not care about the raising of funds, it is generally invested in the form of a company, and the investment is mostly the equity of start-up companies, such as Internet-related start-ups is one of the recent hot spots, and the scope of private investment is wider, can be the equity of non-listed companies, can also be real estate and other real estate, and even red wine, famous paintings private equity funds can be invested. Melissa took a sip of water, she was a little unaccustomed to drinking hot water, she was not in the habit of drinking hot water when she was in Citigroup.

"As for the guarantee of principal and returns, it is generally not recommended. In practice, some small private placements have little performance, and often use this method to speed up fundraising, but because of the high risk, it often leads to a crash and a series of problems, so some countries with strict management have issued laws to prohibit private equity funds from making such commitments. However, private equity funds never raise funds publicly, so there are countless funds that have made such commitments. There are many principal-guaranteed and interest-guaranteed and fixed-income fund products, and the annualized return of some private equity funds focusing on emerging markets for a long time is generally about 20%. In the case of the British Virgin Islands specifically, there is no prohibitive law in this regard. ”

"Then register an offshore private equity fund in the British Virgin Islands with an annualized fixed income of 20% to 25% guaranteed. After the fund is set up, it can be raised in Citigroup or places like Hong Kong, the Lion City and Thailand, and it is up to you and Ge Liqin to do it, and I hope to raise enough funds as soon as possible, and I am waiting for the rice to be cooked. ”

"No problem, boss, I'm professional in this area. Our funds are all capital-guaranteed fixed income funds for fast-growing emerging markets, one is a cultural tourism industry fund, and the other is a film and television industry fund. The amount of funds raised is $500 million. Do you have anything else to add?" Melissa's interest also rose, although the management of these two funds has some risks, but the yield is good, I believe that it will not be too difficult to raise funds.

"It's not two, it's four, and there is also an information industry fund, which mainly invests in the information industry park and high-tech enterprises in the park here in Yandu. The last one is a financial speculative fund. I heard about the fact that Soros's Quantum Fund is planning to attack Asia's financial markets, and their first target is the Thai baht. Over the past decade, Thailand's economy has grown rapidly, but behind this growth lies structural problems such as over-reliance on foreign trade, excessive trade deficits, and excessive loans and investment from RB. Since the beginning of this year, the appreciation of the US dollar has led to the appreciation of the Thai baht and the depreciation of the yen, which has hit Thailand's export industry hard. After the New Year, these guys are about to start. We must get involved and eat some meat, but we don't have the funds now, don't you think it's too late to raise funds Melissa?"

"Are you sure you have to do it, investing in these markets, especially the foreign exchange and futures markets, is very risky. Melissa voiced her concerns.

"It's not a big risk, raise hundreds of millions of dollars and use 20 times leverage to short the Thai baht through forward foreign exchange contracts, of course, it would be best if you can borrow Thai baht from Thai banking institutions through leverage and return it after half a year or a year. In this way, you can tell Sister Li about the registration of the offshore fund, and let her register it over there. You are here to prepare the materials for the fundraising. Oh, by the way, you also have a focus on getting ICQ listed, and I hope that ICQ will be listed on the NASDAQ as soon as possible. ”

"Okay, I'll do all this work well, I like to be a little busier and more fulfilling. By the way, Ah Yao, Zhou and Du De stayed to help me, the two of them learned English, we could communicate better, without their help, my work efficiency would not be improved. ”

"No problem, you have autonomy on how your work is carried out, of course you need my help, if you need my guidance, just look for me, you can do it 24 hours a day. Cang Yaozu raised his eyebrows, he likes to tease this white-haired and blue-eyed Yanma very much, a little cold and reserved, and a very capable Melissa makes Cang Yaozu very conquestful.

“Ok。 Melissa was succinct.

Cang Yaozu said goodbye to Mei Lisha, Zhou Chunyu and Du Xinyao, left Meiyuan, and walked to Shilipo, Wu Xiupo and Huang Bo came here in the morning, and Pu Shu had already returned to his nest.

"Ah Yao, this large area is under my control?"

"Haha, of course, most of it is under your control, some land is still being discussed, and I don't have much money, so I have to take it slowly. Those waters, palaces, and temples are not under your control, they are all within the sphere of influence of Yandu Historical and Cultural Tourism Scenic Area. Although those are not under our control, but also to develop together, they really have no money and no ideas, then it is up to us to take them to develop, just like the water plank road in Lotus Dock needs their approval and cooperation. If we want to carry out sightseeing cruises on the water and operate painting boats, we need their joint participation and cooperation, in short, you remember, our goal is a win-win situation, all in order to make this business district well-known at home and abroad, this is our entertainment base.

When this place is built, there will be not only bars but also teahouses, small theater performances, and of course, a high-end Houhai Grand Theater will be built to perform dramas and cross talk, well, there are also several large recording halls, and when you see the planning and planning drawings I made, you will know what to do, and you will know what you are doing. In the future, we will hold cultural festivals, beer festivals, bar carnival nights, folk nights, and rock music festivals, and there will also be a large number of crews filming here. ”