My Age of Investment
One Thousand Two Hundred and Fifty Seven, Fortune Train
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After a few days of fun in the Caribbean, Xia Jingxing returned to New York with everyone.
As soon as he returned to the company, Gates came to visit with Larson, the head of the family office.
As soon as they met, Gates gave Xia Jingxing a big hug, and then said with a smile on his face: "Darren, you gave me a big surprise!"
Larson on the side also looked at Xia Jingxing with a smile. The young man in front of him really brought a big surprise to Waterfall Investment. If he were the boss, his reaction would probably be even bigger and more exaggerated than Gates's reaction.
After some greetings, Xia Jingxing asked the two of them to sit down, and asked Liu Xiaoduo to make two cups of coffee and bring them over.
After Gates took the coffee and took a sip, he gently put down the cup and said, "Darren, I'm here today. Firstly, I want to thank you in person, and secondly, I have something to ask of you."
Xia Jingxing smiled but said nothing.
Gates said with undiminished enthusiasm: "More than two years ago, Waterfall Investment subscribed for $500 million of Vision Capital's hedge fund shares, and now you have returned us a total of $10 billion in principal and income!
With twenty times the rate of return, you are the undisputed king of hedge funds! "
Xia Jingxing smiled lightly, "We don't care about the title of King of Hedge Funds or God of Wall Street.
Continuously creating value for LP and winning everyone's trust is what we value most. "
Gates understood what Xia Jingxing meant and knew that the other party wanted to keep a low profile, so he quickly apologized and said, "Look at me, I'm old and I can't even get to the point when I speak. Darren, don't be offended."
Gates' posture is very low. Facing Xia Jingxing, the God of Wealth, even if he is the former richest man in the world and the current second richest man in the world, he must be carefully supported!
There was no way around it, Xia Jingxing's investment record was so impressive that even Gates was frightened.
After deducting the US$500 million principal invested by Waterfall Investment, they earned a total net return of US$9.5 billion from their investment in Vision Capital, which is equivalent to one-sixth of Gates's US$58 billion worth. .
It took Gates 34 years since he founded Microsoft to accumulate his current net worth. A small investment actually increased his net worth by one-sixth to one of the world's richest men. And the hardest thing is that the increase was not Equity assets are cash!
Gates has been reducing his holdings of Microsoft stocks over the years, trying to turn his somewhat fictitious net worth into real net worth.
It is no exaggeration to say that the money Xia Jingxing helped him earn was worth the Microsoft stock he had reduced his holdings for ten years.
Therefore, let alone supporting Xia Jingxing, he now wished he could take Xia Jingxing to play on his old friend's private island and reward this man who had helped him make money.
It's a pity that Xia Jingxing is not interested in this matter at all. He has already hinted it several times, but he was politely rejected every time, so he simply stopped mentioning it.
"Anyway, Darren, I personally thank you very much. No matter what happens to you in the future, if you need my help, just ask."
Xia Jingxing smiled and nodded towards Gates, accepting the other party's overture.
Then, Gates changed the subject and said: "But Darren, the fund is obviously running well, why do you want to liquidate it?"
Xia Jingxing replied calmly: "There is too much money and it is difficult to manage. It is better to let LP take the money."
Gates nodded in realization, and then asked: "When do you plan to raise the new fund?"
“Let’s start this month!”
Gates said with a smile on his face: "Then how much money do you plan to raise? You have to leave a place for me! I came to you today just to ask you for this."
Xia Jingxing smiled and said, "Don't worry, because of our relationship, I have to leave a place for you!
Waterfall Investment was the first LP to support us. Vision Capital cannot achieve today’s success without your help. "
Gates and Larson looked at each other and smiled.
Larson said: "Darren, Waterfall Investment intends to subscribe for a US$5 billion share of your new fund."
Xia Jingxing said calmly: "So much? You took out half of the proceeds."
Gates smiled and answered: "If you allow me, I would like to subscribe for an additional US$5 billion, for a total of US$10 billion.
If Darren had not decided to liquidate the fund early, we would not have redeemed the US$10 billion with interest.
Because in this world, there should be no better GP than Vision Capital.
I am very relieved to leave my money to you for management. "
Gates looked at Xia Jingxing sincerely, hoping to impress him with these words.
If Xia Jingxing dares to open up fund subscriptions, he really dares to invest US$10 billion.
Xia Jingxing smiled and said: "10 billion US dollars is a little too much, let's just go with 5 billion US dollars!"
For fear that Xia Jingxing would regret it, Gates immediately made a final decision: "Okay, then it's settled, subscribe for US$5 billion."
After saying that, Gates glanced at Larson and ordered: "You must cooperate with Darren's work, and then you must transfer the money to the bank account opened by Vision Capital as quickly as possible."
Larson nodded heavily, "No problem. After signing the agreement today, the money can be transferred within a week."
Gates looked at Xia Jingxing with a smile and said, "Darren, why don't we just sign the agreement today?"
Xia Jingxing smiled. Gates looked so impatient that no one else could.
No matter what, the agreement must be signed sooner or later, so just sign it today.
Xia Jingxing quickly called Abel and asked him to go to the office next door with Larson to catch up on work, while he and Gates stayed in the room chatting.
A few hours later, after signing the fund subscription agreement, Gates and Larson said goodbye and left.
Xia Jingxing and Abel walked the two of them to the elevator. After watching them leave, Abel said, "Darren, Mr. Gates is really willing to spend money!"
Xia Jingxing said with a smile: "He probably expects us to turn these 5 billion US dollars into 100 billion US dollars."
Abel couldn't hold it back and burst out laughing, "How is this possible? I'm afraid it will be difficult for future performance returns to reach the ultra-high level of the past two years."
Xia Jingxing turned around, looked at Abel and said, "Even if we can't reach the level of the past two years, we still want to become one of the top few institutions on Wall Street."
Abel's chest puffed up, "Of course, we will never rest on our laurels."
Xia Jingxing nodded, turned around and walked into the company.
Over the next few days, 40 Wall Street became a bustling building.
Blue-blood aristocrats, university endowment funds, pension funds...all kinds of institutions came here, eager to subscribe to Vision Capital's new fund, for fear of missing this wealth train.
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