Chapter 258 Z Fund

No matter what you do, breaking through zero is the hardest.

The same is true for business. The first pot of gold is often the most difficult. After the first pot of gold, it will suddenly become clear, and things that were difficult before will become less difficult, and even become easy.

Scarlett bought the Craig Fund for 750,000 US dollars. She went to the Craig Fund to make a debut. The impetuous employees immediately quieted down, and some were a little ecstatic.

Not only did Scarlett Gold Company not deliberately conceal the sale of shares from the outside world, but it also deliberately released the news. Therefore, not to mention the whole of America, at least here on Wall Street, everyone is familiar with Scarlett.

In finance, if the news is blocked, it is impossible to continue.

For the former Craig Foundation employees, how could they not be ecstatic that a hot new rising female billionaire took over the company they worked for.

Scarlett’s operation was very straightforward. On the first day, the name of the fund was changed to Scarlett Fund, and then the staff of the fund called the clients who had not managed the funds to tell them that the fund had changed its name and owner.

With such a one-handed operation, the customers who were determined to refund their funds chose to wait and see, and the 9 million US dollars in their accounts were all kept.

People on Wall Street seem to give people the impression that they are all in suits and leather shoes, wearing a luxury watch, going to high-end restaurants, driving luxury cars and living in villas, and most likely have a good yacht, and possibly even a private jet.

This impression is actually not wrong. There are indeed such people on Wall Street, but this kind of people are the top of the head, and more of them are actually financial migrant workers who are a little more glamorous than ordinary migrant workers.

Their standard equipment is often a decent car, a few suits worth hundreds of dollars or thousands of dollars, hairdos with mousse and jelly applied meticulously, and besides the basic salary, the main income comes from bonuses and benefits.

In a good economic year, it is not uncommon for them to get 15 salaries, 18 salaries, or even 24 salaries.

It means that they can get more than a year, or even two or three years of salary after working for one year, and a few middle and high-level employees can get hundreds of thousands or even millions of dollars in bonuses a year.

This also means that the employees of the Scarlett Fund will not simply focus on dead wages, but also look at their own income prospects and the company's development prospects.

On this day, Nan Yi, a strategic consultant, found another part-time job as an unpaid consultant.

At 8:50 in the morning, when the elevators of No. 1 Wall Street were the most crowded, Nanyi did not go to the elevator shaft to wait for the elevator, but chose to go up the fire escape.

Fortunately, the Scarlett Fund is on the 7th floor, so walking up the stairs won't be too tiring.

Nanyi holds a cup of iced coffee in his right hand and a briefcase on his left shoulder. He takes two steps to drink coffee, feeling very contented.

When I got to the 7th floor, I just finished drinking the iced coffee in my hand, threw it in the trash can, pushed open the smoke-proof door and stepped into the aisle, and walked a few steps to the Scarlett Fund, which had a new signboard the door.

Taking out the badge from the briefcase and wearing it around his neck, Nanyi walked into the gate of the fund and greeted the female staff at the front desk, "Hi, Jane, you look so beautiful today."

"Thanks."

Jane responded casually, and didn't pay much attention to it. This way of greeting, a beautiful woman like her has to meet countless times a day.

Nan Yi, who walked into the office smoothly, thought silently, "We need to add a security guard at the front desk."

The fund's office layout is a large office, and then there are five small offices separated by glass on the side by the window, and two conference rooms, one large and one small.

Four of the five small offices are fitted with two-way glazing, allowing the outside to look inside and the inside to look outside.

There is only one room with one-way glass, so you can't see the inside from the outside. This is the old Craig's office, and now Scarlett's office, but she has never walked into it once.

This was Nanyi's request. He didn't want Scarlett to get into bad luck. It's strange that a person who can live with a corpse for several years would be afraid of bad luck.

But it's not strange to think that Scarlett is pregnant with a child. Nanyi himself can have no taboos, but when it comes to his child, he can't.

After walking a few steps forward, Nanyi came to the door of the small conference room, and through the glass, she could see that Scarlett was already sitting inside and looking at the documents.

Knocked on the door, got a response and pushed the door open.

"It's so early?"

"The gold mining company wants to buy mining equipment, and I want to review the procurement catalogue."

"Oh, as soon as you get out, you are going to announce that Scarlett Fund has launched a new fund product - Z Fund, with an annual fixed rate of return of 12%, a closed period of five years, a guaranteed minimum principal, and an annual management fee of 3%. receive dividends."

"Adam, do you know what you're talking about? Guaranteed principal? What kind of guarantee do you use? You don't want Scarlett Gold Mine Company to guarantee it?"

"No, use your reputation as a credit guarantee. If you lose money, I will personally make up for the lost funds."

"Fuck, if I lose money, I won't have to hang around on Wall Street, and I won't have a foothold."

"It's not that exaggerated. I think the guarantee of the principal will drive other fund companies crazy, but so what? Z Fund will not be open to ordinary customers. The minimum investment is 200,000 US dollars, and lower than this will not be accepted."

"I hope you clearly know what you are going to do. The fixed rate of return is 12%. You don't want compound interest rates, do you?"

"Fart compound interest rate, invest 200,000, and pay them back 320,000 in five years. Z Fund's fundraising target is 500 million US dollars, which is worthy of this figure. Don't want too much, don't start if it's too little, just make some gimmicks."

"What gimmicks do you need? As long as your yield is announced and the principal is guaranteed, people who invest in government bonds will definitely invest their money in us. It won't take a week, and the 500 million will definitely be successfully raised.

But, Adam, think about it carefully, if I lose money or fail to give them the promised rate of return, my reputation will really be ruined, and it will really become difficult to gain a foothold on Wall Street in the future.

Which fund and stock broker on Wall Street do you think will promise their clients? Always say ambiguous words, and always pick yourself up clean. "

Nan Yi pressed his hand to calm Scarlett down, "Honey, do you think I have ever done a loss-making business? Let me tell you that the Z Fund is preparing for a big plan in the future, don't say it is losing money The possibility is almost equal to zero.

Even if all the funds are lost, I will spend 776 million US dollars out of my own pocket to supplement the clients, to ensure your reputation, and the reputation of the Scarlett Fund will not suffer any loss. "

"Big plan? What big plan?" Scarlett asked hastily, her eyes lit up.

"Don't ask now. The opportunity hasn't appeared yet. I will explain it to you when the time is right. The purpose of my launch of the Z Fund is to improve the reputation of the Scarlett Fund. So, whether it loses money or makes money, There will be no harm to customers.”

"Then your plan is really big enough. It will take five years to prepare, and you will be prepared to lose 800 million at any time."

"No, I never thought of losing 800 million yuan. Scarlett, do you think I'm an investment rookie? No matter how good my skills are, I can't lose 500 million yuan."

"Who knows, the safest thing is that each of us has half of the funds. You invest in yours, and I invest in mine."

"Hey, don't be naughty." Nanyi said coaxing a child.

"Hmph, how will the proceeds be divided?"

"5% for you."

"Adam, you bastard, use my reputation as a guarantee, you only give me this little?"

"Your belly accounts for 30%, and you take care of it."

Scarlett smiled happily, "OK, I'm very satisfied, tell me the details, and I'll announce it as soon as I get out."

"There are no details. I have said everything I need to say. Whether you can raise funds depends on whether your reputation is worth 800 million US dollars."

"Is there any doubt about this? Let alone 500 million, my reputation, Scarlett, is worth at least 3 billion. No matter which bank I go to, I don't need a guarantee, and I can borrow 1 billion US dollars at any time."

"Oh, just blow it."