Happy Tycoon
Chapter 346 KY Investment Fund
The signing of the second day was held in the morning. Witnessed by two lawyers from Baker McKenzie Law Firm, Henry Williams and David Anderson became the CEO and CEO of KEY-YOUNG Investment Fund. CIO.
KEY-YOUNG Investment Fund is one of the seven offshore companies that Yang Jing registered in the Cayman Islands back then, and now Yang Jing has decided to bring this offshore company to the foreground. As for the shareholders of the KEY-YOUNG investment fund, they are the remaining six offshore companies. As for the ultimate controlling shareholder, it is the Dragon Fund.
The KEY-YOUNG investment fund is referred to as KY fund for short. Because it is a private fund, all its financial information and shareholder information are kept confidential. Outsiders have no right to inquire about the situation of KY fund. They can only know about this investment registered in the Cayman Islands. Fundamentals of Funds.
After Henry Williams and David Anderson became the first batch of employees and executives of KY Fund, they began to establish the personnel structure of KY Fund.
As for Yang Jing, he began to interview senior accountants recruited from major accounting firms.
The current structure of the world's accounting firms is not the famous Big Four accounting firms in later generations. In 1986, the Big Eight accounting firms dominated the world.
Now the Big Eight have not yet merged with each other to form the Big Four structure of later generations. Now the global accounting market is dominated by the Big Eight accounting companies headed by Andersen.
In addition to Ernst Whitney, Yang Jing also excluded Arthur Andersen, the world's largest accounting company.
Ernst Whitney is the former owner of Mike Aller, and Mike Aller has become a shareholder of the Dragon Fund. Naturally, it is impossible for Yang Jing to hand over the CFO (Chief Financial Officer) of the fund to Ernst An accountant from Whitney Accounting Company.
As for Andersen, although this accounting company is currently the largest accounting company in the world, and even after the merger of KPMG, Deloitte and Ernst \u0026 Young, it will not be as large as Andersen, but Yang Jing really does not want to use this accounting company.
As an accounting company, reputation is absolutely the first priority. Fairness, justice, no concealment from shareholders, no false accounting, this is a bottom line that cannot be touched. Although Arthur Andersen is the largest accounting company in the world, this accounting company has an inescapable responsibility for the notorious Enron incident that occurred in 2001, breaking the bottom line that all accounting companies cannot touch one by one one time.
How could Yang Jing use such an accounting company?
Others don't know, but Yang Jing knows. If Arthur Andersen hadn't helped Enron to make fake accounts, how could this super company that ranked seventh among the top 500 companies in the United States declare bankruptcy? How could so many people be cheated?
The notorious Enron incident also completely ruined Andersen's reputation!
Yang Jing doesn't want to put eye drops on himself, and finding a CFO will help others to deceive him. Since Andersen has such a criminal record, Yang Jing will never use people from this accounting company.
In two days, Yang Jing recruited three senior accountants from the remaining six accounting companies, among them Amanda Pietrus from PricewaterhouseCoopers became the chief financial officer of Dragon Fund, and also The first woman among Dragon Fund executives.
The other two chief financial officers are two senior accountants from Deloitte Hulkins Searles Accounting Company and Coopers Accounting Company.
The former is the predecessor of Deloitte, and the latter merged with PwC to become PwC.
Although Amanda Pietrus is a woman, she is well-known in the industry as fair and extremely principled. She is a senior partner of PricewaterhouseCoopers. In order to recruit this strong woman, Yang Jing not only offered an annual salary of 1.5 million US dollars, but also directly offered 1% of the shares of the evil dragon fund.
At the beginning, Amanda Pietrus was reluctant to come to the little-known Dragon Fund, but after seeing the 12 billion US dollars in cash deposits on the financial certificate provided by Yang Jing, even this strong woman Can't help but shake.
1% of the shares may not seem like much, but under the huge base, it represents a wealth of up to 120 million US dollars! Although Amanda Pietrus is a senior partner of PricewaterhouseCoopers, she earns only a few million dollars a year. The 1% stake provided by the Dragon Fund is enough for her to work for twenty years.
Not to mention that the Dragon Fund sincerely offers an annual salary of up to 1.5 million US dollars, which is double her current annual salary!
Most importantly, Amanda Pietrus was completely moved after the interview with Cole Smith, the big boss. Although PricewaterhouseCoopers Accounting Company has a good prospect, it cannot be compared with an investment fund with a very strong influence anyway! They made a profit of tens of billions of dollars in just two investment actions, which is enough for the current Price Waterhouse Accounting Company to work for ten years.
In this way, Amanda Pietrus became the third signing executive of KY Investment Fund.
When Mike Aller saw that Amanda Pietrus had also become the chief financial officer of KY Investment Fund, his eyeballs almost rolled down, and he repeatedly marveled at the skillful skills of the boss. Dig over.
As a former colleague, Mike Aller knew Amanda Pietrus' ability. It is no exaggeration to say that the former Mike Aller's position in the industry is not even worthy of giving shoes to Amanda Pietrus. He is a well-known figure in the industry, and he is not comparable to an accountant like Mike Aller who was sent to the Cayman Islands as a branch manager.
The office of KY Investment Fund was set up in a 58-story office building on Wall Street. In 1986, the real estate prices in New York were not as high as 20 years later, so Yang Jing directly spent 27 million The dollar directly bought the fifty-seventh and fifty-eighth floors of this office building, and this will be the base camp of the KY investment fund in the future.
This price is very appropriate to buy this floor, if it is placed in twenty years, the price of this floor will at least double!
When Cesar Cook led his team here, he was also shocked by the office space of KY Fund.
Boss, will we work here in the future? Cesar asked excitedly looking at the scenery outside the window.
Of course, if the five of you are willing to stay, I can arrange several separate offices for you here.
Hearing this, the beautiful Emily smiled and said, Boss, let's stay here from now on! I've been running around for the past few years, and I'm a little tired. If I can work in such a good place, How beautiful that would be.
Emily's husband Hank Cross also nodded and said: Boss, this opportunity given by the boss is very rare! A few days ago, didn't you still talk about wanting to continue serving the boss? Now the boss has given you the opportunity Come on, why are you hesitating again?
Albert, the man with glasses, also said: Boss, since we ended the dollar and yen investment at the end of last year, we haven't made any big moves. Now that the boss has brought us together again, it must be a big move. ah.
After a pause, Albert looked at Yang Jing expectantly and asked, Boss, is my guess right?
Yang Jing smiled and nodded and said: Albert is right, there is a big action in my plan this year, but it is still too early, if you are willing to stay, you can spend this time Let’s familiarize ourselves with the operation methods of those Wall Street financial elites, and at the same time, the New York stock market is very good this year, you can try to be 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 invited us so kindly, if I don't agree, these guys will probably kick me out. Boss, let's join !
Okay! Since you have joined, I will definitely not let you down. I can tell you with certainty that after September this year, I will plan a major investment operation. Well, it is for US stocks. But the specifics The situation depends on the specific situation, and I can tell you with certainty that you are absolutely indispensable in this investment operation.
Cesar said: Boss, with your words, we will completely leave it to you.
Later, Yang Jing arranged several separate offices for Cesar and the others. Different from the ordinary staff working on the fifty-seventh floor, their offices were all located on the fifty-eighth floor.
After dealing with Cesar and the others, Yang Jing strolled 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, what's your business here? What Yang Jing didn't expect was that David Anderson actually said this sentence in Chinese.
Do you understand Chinese? Yang Jing asked in Chinese in surprise.
I understand a little bit. David Anderson said with a smile, In fact, I have one-eighth of Chinese ancestry. My grandmother is a Chinese. When I was very young, my grandmother taught me a lot of Chinese. But now I have almost forgotten it, and I can only say a few words now and then.
This is quite rare. Yang Jing originally thought that David Anderson only had black blood, but he didn't expect that he also had a Chinese grandmother.
After talking for a while, Yang Jing mentioned the business.
David, I would like to ask you about your views on some current American companies. Which American companies' stocks do you think we should buy?
Yang Jing's question covers a wide range of topics and is not easy to answer. However, David Anderson had been the head of the investment department of AXA back then, and this question was definitely not difficult for him.
Boss, if you want to answer your question, let's not sleep tonight. Under the current situation, there are many American companies that are worth investing in. Here I will pick a few representative companies and talk about my opinion.
Yang Jing nodded his head in a gesture of listening.
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