My 1999

Lu Hui said, placing several pieces of information in front of Xu Liang.

Xu Liang picked it up and looked at it. It was indeed what Lu Hui said.

Because of the loss, Manchester United's stock price fell.

Although the second place can also participate in the Champions League, it is also a good result.

But who makes them Manchester United.

There was no revenue last season, and the results this season are not great either. It’s no wonder the stock price is high.

But what happened to Manchester United this season? It was so long ago that he couldn't remember clearly.

But the lower the stock price is, it is a good thing for him who is interested in acquisitions.

The lower the stock price, the higher his return.

He still remembers that after news of the sale of Manchester United came out in 2020, the price offered by the oil tycoons was 5 billion pounds, while the Glazer family hoped for a price of more than 6 billion pounds.

Although in his memory, Manchester United didn't seem to change clubs before he was reborn.

But even if calculated at 5 billion pounds, the return on this investment in 17 years will reach 20 times, with an average annual growth rate of 118%. Higher returns than the best hedge funds in the world.

It also has more investment value than Huaxia Real Estate.

And in addition to stock price growth, buying Manchester United can also generate operating income.

According to various sources on the Internet, the Glazer family has received more than 500 million pounds in income from Manchester United through dividends, dividends, and consulting fees.

Taken together, if he invests in Manchester United, he can get a return of 25 to 30 times after 17 years.

It's already very rich.

Of course, for him personally, Manchester United's investment may not be worth too much.

But for Hanhua Capital, this is an extremely superior investment target.

"Phoenix Fund I still has US$215 million. According to the current exchange rate of one pound to US$1.4, it is equivalent to 150 million pounds. Although it is not enough for a full acquisition, it is enough for a leveraged buyout." Xu Liang said.

Phoenix Fund raised US$300 million in the first phase and currently has three main targets.

The NBA Warriors spent US$150 million, Nanfu Batteries US$70 million, and Suguo Supermarket spent 570 million Huaxia coins, equivalent to US$69.5 million.

The combined value of the three investments is US$285 million.

Hanhua Capital is a private equity company, and with the Federal Reserve’s benchmark interest rate so low, of course, leverage must be used appropriately.

Therefore, of the actual value of US$285 million, Phoenix only provided US$100 million in cash, and the rest were bank loans.

After weighing the pros and cons, Xu Liang picked up his cell phone and called Jiang Xiaoyang.

The call was answered quickly.

"What's wrong?"

"I miss you."

Xu Liang teases every day.

He didn't know why, but whenever he thought of Jiang Xiaoyang's graceful appearance and extraordinary temperament, he couldn't help but tease her.

Looking at her Xiafei's cheeks, which look slightly angry but not angry, I feel a sense of accomplishment.

It’s also a waste of money.

"If you have anything to say, tell me quickly. I have to attend a meeting below, and I don't have time to listen to you complaining here." Jiang Xiaoyang said angrily.

"Okay, let's get down to business. Have you set the next investment target of Phoenix No. 1 Fund?"

"Still selecting. What, you have a goal?"

"Um."

The affirmative answer made Jiang Xiaoyang raise his eyebrows, "Really?"

"Why are you lying to me? I'm serious."

"No, you said you had no goals when you were in Xiangjiang a few days ago. You've just been to London for a few days and you found out?"

"Haha, this is where your husband and I are talented." Xu Liang said proudly, "To be honest, I have my eye on Manchester United, one of the dominant football teams in the Premier League.

This is an excellent target.

I plan to use the remaining money from the Phoenix One Fund to acquire it. "

"Manchester United in the Premier League? Football team?" Jiang Xiaoyang frowned.

"That's right."

Xu Liang's unrestrained investment direction made her instinctively suspicious.

But think about the other party's series of brilliant investments, especially the short selling of Enron last year and the explosive growth of Qinglong No. 1 Fund this year, which all prove the other party's investment talent.

Although I had some doubts in my heart, I did not question the latter’s investment.

"And I plan to make the leveraged buyout of Manchester United the first project after Hanhua Capital enters the European market. Manchester United has great influence in Europe, especially the United Kingdom, and this project can help Hanhua Capital gain visibility in the UK and Europe.

It's like killing two birds with one stone. "Xu Liang continued.

"If you do decide to take over, I have no problem with it. But I want to see the details of the football club."

"No problem. I will ask Lu Hui to fax you a copy as soon as possible. By the way, how much has Phoenix Fund II raised so far?" Xu Liang said.

"US$180 million is still far from our US$500 million fundraising amount." Jiang Xiaoyang said sadly.

Phoenix II Fund has been raising funds for nearly half a year.

The Qinglong No. 2 Fund and the White Tiger No. 2 Fund, which raised US$3 billion at the same time, have already raised US$300 million, and have basically all been invested.

Xuanwu No. 2’s US$1 billion fundraising has already reached US$700 million and will basically be completed by the end of the year.

Only Phoenix No. 2 Fund.

So far, Kankan has completed more than a third of it.

It is almost the slowest fund raised under Hanhua Capital.

Hearing this, Xu Liang couldn't help but sigh.

There was nothing he could do about the plight of the Phoenix II Fund for the time being.

Phoenix One Fund's investment, the NBA Warriors' current NBA season of 2002~2003 has just started, and there is no way to tell how the results will be.

Although the advertising contracts with several Chinese companies have reached the end of negotiations.

But if the contract is not signed for one day, the company's revenue will not be reflected in the books.

Therefore, there is no way to enhance the fund's attractiveness through performance.

The second project, ‘Nanfu Battery’, is developing very well.

But as an industry, Nanfu's development requires a process.

Although after half a year, it has grown a lot compared to when I invested, it is not outstanding.

Project No. 3, ‘Suguo Supermarket’, has just completed investment. Although it is a high-quality asset, its performance is not significant and it has limited boost to the fund.

In fact, all if not three investments look good right now.

They can't even raise the current $180 million.

"The US$180 million is enough for us for a while. Let's wait and see next year. I believe that the longer it takes, the more attractive our fund will be.

It won’t be long before the US$500 million is fully raised. "

"I hope everything goes as you said."

After the two briefly chatted, they hung up the phone.

——

A Mercedes-Benz sedan slowly stopped at the entrance of the Oriental Mandarin Hotel.

The car door opens.

A young Chinese man wearing a suit, gold-rimmed glasses, and a gentle temperament walked down.

He looked up at the hotel in front of him and walked in.

As soon as he entered the lobby, he saw a pretty young girl wearing a burgundy women's suit with long hair shawl walking towards him.

"Is this Mr. Huo Yan?"

"I am."

"Hello, I am Lu Hui, Mr. Xu's administrative secretary. Nice to meet you."

He quickly took hold of the Qianqiansu hand extended by the other party.

After both parties said hello.

"Mr. Huo, please come with me. Mr. Xu is already waiting for you in the restaurant."

"Okay, please lead the way."

Lu Hui smiled and nodded, then walked in front to help him lead the way.

The two parties arrived at Box 2 of the restaurant on the third floor of the Oriental Mandarin Hotel one after another.

After knocking on the door and entering, Huo Yan immediately saw the young and extremely familiar figure who got up and walked over.

He quickly stepped forward and stretched out his right hand.

"Mr. Xu, it's a great honor to see you here."

"Mr. Huo, you're welcome. Please take a seat."

After saying 'thank you', the two sat down around the dining table.

Lu Hui acted as a waiter and poured a cup of tea for the two of them.

The lingering fragrance of tea also wafted a little bit to talk about sex.

"Mr. Huo, you must know our Hanhua very well?"

Huo Yan nodded, "In the past two years, Hanhua Capital has been the fastest growing private equity institution in the world. You have made remarkable achievements in the fields of private equity, hedge funds and venture capital.

Especially in private equity, the performance of Qinglong No. 1 Fund is one of the top three in the world, even the best top one. "

Since getting the interview invitation from Hanhua, he has been collecting information about the other party during this period.

The more he looked at the results, the more surprised he became. He really didn't expect that China, which has not opened up its finance and has relatively rough operating rules, could actually give birth to such a financial giant with certain influence in the global private equity field.

This also made him more and more curious about Xu Liang, the boss who founded Hanhua Capital.

"Then do you want to work for us in Hanhua?"

Xu Liang said directly.

"I would like to ask first what kind of conditions Hanhua can provide me?" Huo Yan said calmly.

The king chooses his ministers, and the ministers choose their king.

There is never a shortage of market for excellent top talents.

"The basic salary is US$500,000, plus 20% of the fund dividend. At the same time, you will also serve as the general partner of Hanhua Capital and the general manager of Hanhua Capital's London branch, fully responsible for all the company's business in London.

In addition, the company will invest US$30 million as a seed to launch a new fund and give you full responsibility. "

After hearing Xu Liang's conditions, Huo Yan couldn't help but feel excited.

When he was at Morgan Stanley, he always wanted to control a fund by himself.

However, his qualifications were too low, competition at Morgan Stanley was fierce, and he was disadvantaged as a Chinese. Over the years, he was unable to achieve his goals.

According to his original plan, he was going to quit his job and start his own business.

Before he could make up his mind, Heidrick and Struggles came over.

The reason why he was willing to meet was not because of Hanhua Capital's investment results, but because Hanhua promised to give him a fund.

Being able to freely control a fund and implement his own investment strategies is more attractive than pure money to Huo Yan, who is eager to prove himself in financial investment.

And the US$30 million was far more than he had expected.

After pondering for a moment, Huo Yan said calmly: "Mr. Xu, thank you very much for your consideration. I am honored to join Hanhua."

Xu Liang had a smile on his face.

“It is also an honor for us at Hanhua to have a talent like Mr. Huo join us.”

Waved.

Lu Hui handed over a contract. Xu Liang took it and took a look at it before placing it in front of Huo Yan.

Huo Yan looked at it seriously as it related to his future.

The main content of the contract terms is similar to what the two people discussed before.