Chapter 622 [A private placement has caused abnormal liquidity in the global capital market]
A Goldman Sachs director at the meeting said bluntly: "The authorities will definitely stop Luo Sheng from this private equity event, and will inevitably warn institutional investors one by one, and even threaten them."
"Of course, there's no doubt about this, but then what? Is it useful? When a person is determined to send the money out, you can't stop it."
The operating space is so convenient. "Hidedoll" is a traditional art of capital operation. After several transfers of funds, they will always reach the place it wants to go.
Cutting the blame is also a traditional human skill. For example, Norwegian pension funds can respond to North America's call on the surface and agree to not participate in Luo Sheng's private equity activities, but you can't stop others from doing other asset allocation trading behaviors, right?
Then there is too much room for operation here, and there are ten thousand ways to indirectly deliver the money to Luo Sheng.
In the final analysis, it is the money-gathering effect formed by the Luo Sheng effect. Capital follows profits. Now capital is increasingly convinced and acknowledged that Luo Sheng can bring profits to it. Investors around the world are superstitious about this. Over the past decade, all investors who doubted his ability to make money have now broken their thighs and regretted it.
Luo Sheng has now launched another call, yelling to lead everyone to make a lot of money. Those who want to take this wealth bus will hurry up and will not wait for the timeout.
Lloyd said again: "It's impossible to stop it. This is a saying that the rich class has been circulating. If you don't have any assets in your hands to Luo Sheng's asset management agency, you are embarrassed to say that you know how to invest. Taking money to Luo Sheng has become a symbol and proposition for smart investors. You are proud of it, hell!"
As he said that, Lloyd spread his hands and his expression showed a sense of speechlessness and helplessness. The others present also smiled bitterly.
The rich elite can also compare this, but this is the fact. If a rich man says he has an asset in his hand and gives it to Luo Sheng’s agency for management, he will feel very proud.
Especially some people who suddenly get rich.
Paul Watson, who has already been on the Goldman Sachs board, looked at Lloyd and said, "Will Goldman Sachs want..."
The words came to an abrupt end, but everyone knew what he wanted to express later, and asked Goldman Sachs if he wanted to get on the bus.
Lloyd affirmed without hesitation: "Of course we have to participate. As one of the top investment banking institutions on Wall Street, if Goldman Sachs misses this bus, is it still the smartest investment expert on Wall Street?"
Everyone: "..."
Lloyd added, "But it can't be too direct. Although Luo Sheng will not refuse or even welcome you warmly, we still need face. Paul, you can do this. Goldman Sachs will take 8 billion US dollars to participate."
Paul Watson: "Okay."
For these top capital institutions, they don’t really care about the rate of return, of course the higher the rate of return, the better.
But what I really care about is the hedging and preservation of assets, and what I seek is a word of stability. For top capitals, when they reach their wealth base, as long as they don’t lose money, they are really making a big profit.
The word "stable" does not depend on wealth itself, but on ensuring that their position at the top of the pyramid for a long time will not be shaken and will not fall from this class.
Not only Goldman Sachs, but other capital institutions on Wall Street are also performing plots that are both deceitful and honest, but they don’t like their words but they are very honest.
He was still fighting to the death on the surface, looking irreconcilable, and it was already really fragrant behind his back.
This is actually not a conflict. It is not false that Wall Street and Luo Sheng are not dealt with, but they will not be incompatible with money and profits. Getting on the bus means ensuring profits when drought and flood, and even achieving considerable profit appreciation. For capital, with this trading premise, no matter how big the grudge or resentment is worth mentioning.
Capital has no hatred or grudges, only endless greed.
...
February 17.
The Middle East, Leyard, the capital of Saut.
"Do you magnesium people have too much control?" The crown prince of a big dog family said with an unhappy look. At this moment, he was talking to a commissioner sent from North America in this magnificent hall.
The thing around is that the Shate Monetary Administration intends to take out $228 billion in assets to Luo Sheng’s Shengfeng Capital to participate in the asset trust subscription for this private equity operation.
Once the big dog dealt with, no one else was doing anything, all of them were brothers.
"You can stand firm in this land and be able to defend all this. It is protected by the Magnesium Richard fleet. Your Highness, please don't forget this. You can't help, but you can't cause trouble for America." The Magnesium man in a suit and tie said it very bluntly, which is tantamount to making the other party feel embarrassed.
But there was nothing I could do, because this was the fact. The crown prince suppressed the anger in his heart and immediately smiled and said, "Okay, as you wish, I will withdraw from Luo Sheng's private equity trading activities."
"I hope you can fulfill your promise, so I will say goodbye."
The crown prince saw the other party get up, and his smile stopped abruptly as soon as he turned around. He had greeted the other party hundreds of times in his heart.
"Give up? What a joke?"
The Crown Prince Sat immediately arranged for the ministers under his command to start the "mass doll" campaign. This private equity was decided, but it was a little troublesome, and he could not directly participate in the role of the Shat Monetary Administration, but instead invested in other companies or institutions. However, it is unknown whether these companies will eventually use their funds for Luo Sheng's private equity activities.
Then the Americans come to interrogate and just turn the blame.
In fact, North America also knows that this does not work. It is impossible to prevent the flow of global capital and cannot freeze assets. That is at the cost of US dollar credit. If you really dare to do this, US dollar credit will collapse directly.
But I still warned one by one, and in fact I didn’t have much hope. It was mainly to express my attitude and position, which is a matter of nature.
As for the result, if you can intimidate one, you can only acquiesce if you cannot intimidate. As long as you don’t blatantly fail to get out of Taiwan, because there is really no good way.
This kind of tacit understanding is still understood by global elites, and naturally it will not make the Americans unable to come to Taiwan.
...
Time passes day by day, the 16-day private equity period is about to expire, and the subscription account and amount are increasing on average every minute.
However, it is all book information, and the specific funds cannot arrive immediately. The transaction requires costs, including time costs.
The outside world still does not know how much funds have been raised. Media organizations and netizens who are paying attention to this news can only wait for Shengfeng Capital to disclose it.
As for how much information can be revealed, it can only be seen what Shengfeng Capital thinks.
In addition, the specific names of who are the people and institutions are unknown to the outside world. They only know that the targets of the recruitment must be institutions with assets of over 100 million yuan or super rich people with assets of over 100 million yuan.
Because the entry threshold is open.
Since it is a private equity fund, unlike public equity funds that have very strict requirements on information disclosure, many information such as investment goals and investment portfolios must be disclosed.
Private equity funds have very low requirements for information disclosure and are highly confidential. Shengfeng Capital will not take the initiative to disclose the investor's identity and specific amount to the outside world.
It is a business practice to not disclose information from all parties to the transaction. The only requirement is that the source of assets must be legal and the procedures must be followed according to regulations.
Investment institutions from all over the world, rich people are busy freeing up funds to "spread money" to Luo Sheng. More than 12,000 employees of Shengfeng Capital are particularly busy in the past half month, especially the legal department and audit department staff, who are working overtime.
Contracts are signed and distributed continuously, and the signing of each subscription contract represents an asset management commission worth at least US$100 million.
As for the assets that Shengfeng Capital already has, its investors choose to sign a new contract with about 77.2% of the funds. Once the new contract is signed, the management fee of more than two points per year will be saved, and the compound interest effect of reinvesting dividends is also extremely considerable.
However, the signing of a new contract means a lock-in period recalculation for fifteen years, and most investors originally intend to hold it for a long time.
What's more, it just cannot be redeemed directly. If the investor is really in a hurry to turn over the capital, the frozen assets can still be mortgaged to the bank or transferred to the transaction, and the holder will become a bank or other investor.
It is worth mentioning that in principle, this fundraising activity only accepts cash flow assets, real estate does not accept it, and stocks and bonds are not required.
Because of the limited time, there is only a sixteen-day period.
Non-cash flow assets need to be strictly audited and evaluated, which will bring huge workload, which is very troublesome and time-consuming. Once there is a mistake, some non-performing assets may be spread. Once the contract is signed, it will have to accept the fate.
Luo Sheng would not cause trouble for himself, and he was taken as a sucker in this way.
Now investors are scrambling to waving money and yelling to hand it over to Shengfeng Capital for management. The initiative is on Shengfeng Capital's side.
With the blessing of the money-gathering effect, in order to catch this bus, many rich people sold and cashed out some of their stocks, bonds and other assets in their hands.
Shengfeng Capital has made it clear in the announcement that this private equity event will only be conducted once and that it will not conduct private equity activities in the next thirty years.
For investors, they may have been getting back to the car once for decades. If they miss it this time, they will really miss it. I really don’t expect that they will break their thighs and regret it.
The result is that the global capital market has fallen into liquidity tightening, and the stock market and bond market are both affected. Major global stock indexes are falling, and the international foreign exchange market has also experienced obvious abnormal fluctuations.
At this time point, many people are cashing out. Not only is the huge amount, but the time is still concentrated, which has triggered a situation of a US dollar shortage in the global capital market, and the US dollar suddenly strengthens.
The market is cashing out on a large scale, and it is inevitable that the US dollar shortage will occur.
Usually, when there is a shortage of US dollar in the market, it is unexpected. The most common thing is that when there is an economic problem, people will increase their holdings of cash and reduce their holdings of other assets, such as selling real estate, stocks and other assets, and instead holding cash flow. People will definitely choose reliable currencies when choosing cash. In today's world, the US dollar is naturally the first choice for people.
This scared the Magnesium Fed. They knew what the problem was, and they didn't have to think about it and it was caused by the recruitment campaign created by Luo Sheng.
Many institutions and wealthy people are cashing in, holding the US dollar in their hands leads to a short-term lack of liquidity in the US dollar market. They are selling stocks, and it would be strange if the stock market does not fall.
Shengfeng Capital has not disclosed the amount of fundraising so far, but the abnormal phenomena in the global capital market have already made the outside world feel frightened. What a terrifying astronomical figure has been raised, which will lead to a decline in major stock indexes around the world and a US dollar shortage in the market. What a terrifying amount?
From a certain perspective, this private equity activity is a global census where global investors are superstitious about Luo Sheng and how popular is it. This is not a questionnaire. It is all real money spent, and there is no value in it.
On February 21, this highly anticipated private equity event finally ended. Everyone was waiting for Shengfeng Capital to disclose the final amount. They all knew that it must be an astronomical figure. The only uncertain thing was the exact amount, and they were all ready to welcome the birth of an extremely exaggerated number and private equity myth.
...
Chapter completed!