Chapter 2146: The Benefits of Private Equity
Rebirth of a Perfect Future · 第2146章 私募的好处
After the meal, Dong Chenxi did not leave with Wu Sijie but stayed behind to talk with Zhao Fusheng alone.
What they wanted to discuss was, naturally, about the private equity.
"Are you really planning to cooperate with Lee Boo-jin?"
Looking at Zhao Fusheng, Dong Chenxi asked directly.
To be honest, when she received Zhao Fusheng's notice about joining forces with Lee Boo-jin for private equity, she was quite surprised.
The reason was simple: it wasn't necessary.
Exactly!
It simply wasn't necessary!
Because over the years, Future Investment had built a reputation; not to mention anything else, just Zhao Fusheng's series of successful investments had already established the brand of Future Investment in the minds of many investors.
Under such circumstances, Zhao Fusheng himself didn't need to use Lee Boo-jin as a gimmick at all. He could simply spread the word that he intended to start a private equity fund, and countless people would come waving their money.
As for Lee Boo-jin?
The eldest princess of Samsung!
It sounded nice, but in Dong Chenxi's eyes, she was nothing at all.
At the very least, Dong Chenxi didn't think that a Lee Boo-jin was worth Zhao Fusheng doing this.
To put it bluntly, in Dong Chenxi's view, Lee Boo-jin was just a lucky woman born into the Samsung Lee family. If she had been an ordinary girl, she might not have achieved what she has now.
Speaking of which, this was probably due to the repulsion of the same sex.
Both were beautiful women and successful career women; neither Dong Chenxi nor Zheng Yao had a favorable impression of Lee Boo-jin.
On the contrary, they admired old foxes like Lee Kun-hee and Lee Maeng-hee, because those people were truly capable.
Zhao Fusheng naturally knew this but didn't mind, because in his view, it was just a trivial matter.
"Cooperation is certain."
Zhao Fusheng smiled and said to Dong Chenxi, "What, do you dislike Lee Boo-jin that much?"
"It's not really dislike."
Dong Chenxi shook her head: "I just don't like her attitude."
This was her honest opinion. For Dong Chenxi, seeing Lee Boo-jin's rich young lady demeanor made her extremely uncomfortable, as if she was always being looked down upon.
Actually, she knew that Lee Boo-jin wasn't that kind of person, but she still felt very annoyed.
"Having her out front reduces our pressure a bit."
Zhao Fusheng smiled and said to Dong Chenxi, "Besides, this private equity of ours is intended for Korea, not domestically. Don't you think the Samsung eldest princess's nameplate is useful?"
Dong Chenxi was stunned, looking surprised.
"What did you say?"
"I said, don't you think the Samsung eldest princess's nameplate is useful?"
Zhao Fusheng said with a faint smile, explaining to Dong Chenxi, "Who told you that the money for this private equity is domestic? I plan to raise funds in Korea."
As he spoke, he shrugged: "Using Korean money to make money for ourselves, isn't that good?"
"Of course it's good!"
The smile on Dong Chenxi's face bloomed like brilliant sunshine.
If she had been feeling down just a moment ago, now she felt as if she had taken a magic pill, her mood instantly lifting.
Not to mention anything else, just the idea of having Koreans put up the money while they made profits excited Dong Chenxi greatly.
"If we can raise five billion US dollars, even if we pay out ten percent annually as dividends, as long as our investment projects succeed, we can still make a lot."
Dong Chenxi was eagerly calculating.
A ten percent annual return was already not low.
After all, the private equity under Buffett had an annualized return of only about fifteen percent, yet he was called the Oracle of Omaha.
The reason was simple: he could ensure long-term and stable profitability of his investments.
Many private equity funds could achieve annualized returns of forty or even fifty percent, and during a bull market, some could multiply several times over. But such funds often didn't last long. An important reason was that when performance was good, the scale was small—some even operated with just two million. They would show impressive net value, then heavily market themselves to rapidly expand scale. However, the investment team's growth and strategy adjustments couldn't keep up with the speed of scale expansion, so they easily fell quickly.
Over the years, Dong Chenxi had seen too many such dark horse private equity funds rise and fall.
A private equity fund that could sustain ten years without a negative return and achieve an annualized return of ten percent was truly impressive.
Therefore, most investors focused on long-term returns would choose large, established private equity funds rather than gamble on dark horse ones, because the former were more stable with lower risk. In extreme market conditions, established funds had the ability and willingness to inject capital to boost net value.
After all, they weren't short of money and didn't mind losing a bit.
Of course, someone like Zhao Fusheng was undoubtedly an exception.
Because from the beginning to now, none of his investment decisions had failed.
In other words, if Zhao Fusheng indicated that he intended to maintain his current stake in Facebook and needed to raise funds, then, barring any surprises, most investors in the world would be willing to become his partners.
And if they raised funds in Korea under the joint name of Lee Boo-jin and Zhao Fusheng, they would surely be able to raise even more money.
If they paid an annual return of ten percent as the cost, Dong Chenxi was confident she could earn more with that money.
"As long as you understand."
Seeing Dong Chenxi's expression, Zhao Fusheng knew she had grasped his meaning.
"Alright, I'll contact Lee Boo-jin tomorrow and meet with her to discuss."
Dong Chenxi thought for a moment and said to Zhao Fusheng.
At this point, the remaining matters naturally didn't require Zhao Fusheng's handling. It was most appropriate for her, as the general manager of Future Investment, to negotiate with Lee Boo-jin.
Speaking of which, Dong Chenxi also knew that this was probably the purpose of Zhao Fusheng sending her to Korea.
"Good."
Zhao Fusheng nodded; he naturally had no objections.
The two chatted a bit more about the company's recent developments, mainly Dong Chenxi reporting to Zhao Fusheng while he listened.
Seeing that it was getting late, Zhao Fusheng smiled and said to Dong Chenxi, "It's late, you should go back."
"Ah?"
Dong Chenxi was startled, looking at Zhao Fusheng in confusion.
Zhao Fusheng shrugged: "Don't tell me you don't know Wu Sijie is waiting for you."
"Ahem..."
Dong Chenxi gave an awkward smile and waved her hand: "It's fine, it's fine. I can stay here."
"No way."
Zhao Fusheng shook his head directly: "I didn't have Yiming book a room for you, so you'd better go."
"..."
Dong Chenxi's face instantly turned red. She glared at Zhao Fusheng, stood up, and walked out.
Behind her, Zhao Fusheng looked amused, laughing heartily.
It had been years since he had seen Dong Chenxi so shy. Now she had become, like Zheng Yao, an iron lady in personality.
But now she had a boyfriend.
Heh, Zhao Fusheng found this more and more interesting.
...
...
Under Zhao Fusheng's teasing gaze, Dong Chenxi picked up her suitcase and went downstairs.
When she reached the hotel lobby, sure enough, Wu Sijie was waiting there.
"Finished so quickly?"
Wu Sijie asked Dong Chenxi with some surprise.
"Shut up!"
Dong Chenxi glared at him irritably: "It's all your fault!"
"My fault?"
Wu Sijie was completely baffled, not understanding what he had done wrong. He hadn't provoked her, had he?
"Um..." He hesitated, then cautiously said to Dong Chenxi, "How about... my place?"
"Let's go, let's go."
Dong Chenxi was quite impatient. As soon as she heard Wu Sijie's suggestion, she remembered Zhao Fusheng's teasing expression. She glared at Wu Sijie: "Go!"
In her mind, she had already decided to give this boyfriend a good scolding when they got back.
Poor Wu Sijie had no idea why he was suffering this undeserved calamity.
But even if he knew, there was nothing he could do. After all, he was the one who liked Dong Chenxi more.
In the world of emotions, the one who likes the other more often has to learn to be more tolerant, because in the realm of feelings, there has never been such a thing as equality.
Equality, once it appears in the world of emotions, means that the attitudes of the two people toward each other are problematic.
Between the one you love and the one who loves you, you ultimately have to make a choice.