Rebirth of England

After seeing off the two big stars, Barron also packed up and prepared to go out.

It is worth mentioning that in addition to sending his own private plane to pick up more than 30 singers from all over the world, Prince Walid will also continue to send his own private plane to send those people away in the past few days.

And every star who comes here will get a Mercedes-Benz luxury car as a gift from him.

It's indeed a big deal.

Barron made an appointment with several wealthy people in the Middle East this afternoon...

In fact, these wealthy people often don't get up as early as Barron - relatively speaking, in this area, evening is the main time for most people to go out, especially in summer.

Because it has just arrived in June, the highest temperature here can already reach 40 degrees. By July and August, it will exceed 50 degrees. Therefore, it is indeed very challenging to go out during the day unless necessary.

It was said to be afternoon, but actually by the time everyone came over one after another, it was already getting dark...

Barron also attaches great importance to this meeting. After all, these rich people may become his "financiers".

Just like when he was chatting with Walid before, the richest man in the Middle East was very interested in Summit Media, which was about to be listed under Barron's name, and was also interested in participating in the next round of financing for the Woaw website.

As for Summit Media, it is preparing to go public anyway, and it does not matter who will subscribe for its shares. Therefore, if Prince Walid is willing to participate in the IPO subscription, Barron is very welcome.

As for Woaw - the prospect of this social networking site has been recognized by more and more people, but the problem is that the development of Woaw does not lack funds. Barron himself can provide it with funds before it goes public. The financing carried out is entirely to obtain other resources and ensure that it will not be targeted by certain means in future competition...

Therefore, Barron could only say sorry and declined the slight intention of investing in Woaw revealed by Walid.

If Walid, known as the "Middle East Buffett", can see the potential of many companies under Barron's name, then some other tycoons are more interested in financial investment. After all, the main purpose of their investment is to invest in them. The wealth captured from oil resources can be maintained or even increased in value.

Prior to this, Prince Walid had invested US$500 million in the Athena Fund, a quantitative fund invested by DS. This part of the investment is a fixed-income investment product. Such investment income is already very rare for big funds. .

As long as the stability of this investment product can be proven in the end, many Middle Eastern tycoons will be interested in purchasing these products with funds in their hands.

In terms of fixed income products, there are Athena funds, and for those investors who like a little risk and possibly higher returns, there are also Mars funds for them to choose from.

Even for these big investors, Barron's can customize a fund specifically for them. Anyway, the main purpose is to "meet the needs of customers."

In addition to these private funds, during this meeting, Barron also met Badr Mohammed Elsalad, the president of the Kuwait Investment Authority (KIA).

Previously, Saudi Arabia’s sovereign fund, the Saudi Public Investment Fund, invested 1 billion pounds to purchase O2 Telecom’s convertible bonds, earning an annual interest of 3.5%... Of course, what they care about is not this interest, but these Corporate bonds will allow them to exchange these corporate bonds for O2 Telecom's common shares at the stock issue price when O2 Telecom conducts its IPO.

This is the reason why the Saudi Public Investment Fund is willing to make this investment. After all, even if O2 Telecom is listed and publicly issues shares in the future, they may not be able to subscribe for enough shares, but through this convertible corporate bond In this way, they can lock in the stock shares of this telecommunications company that they are optimistic about in advance.

Like the Saudi Public Investment Fund, the Kuwait Investment Authority also hopes to invest in this way, but Badr is also more interested in the new cooperation plan proposed by Barron to them.

This plan is that Barron will create an industrial investment fund, mainly to invest and acquire some companies, and after restructuring, increase the overall value.

Because of the long-term growth nature of this industrial investment fund, the minimum lock-in period for investment funds is 3 years.

For this fund, Barron himself will provide an initial investment quota of no less than 30% and guarantee an average annual return of at least 15%. Under this return, as fund managers, Barron and the others will not charge any Management fees, and during each investor’s first investment lock-in period, Barron’s will use its own assets as collateral to ensure the safety of the other party’s principal.

Of course, corresponding to this strong guarantee, Barron's will share the profit proportion of the investment amount during each investment lock-up period of the other party.

When the rate of return is between 15% and 50%, he will charge 30% of the other party's income.

When the rate of return is between 50% and 100%, he will charge 40% of the other party's income.

When the rate of return is above 100%, he will charge 50% of the other party's income.

The rules he proposed for an industrial investment fund can be said to have just scratched the itch of the Kuwait Investment Authority...

First of all, this fund is a relatively large investment fund with extremely high thresholds. The minimum investment amount is US$500 million, which basically excludes most private funds.

In addition, Barron's use of his own assets as collateral for loss compensation can ensure that at least during the first closed period, their investment will not suffer losses.

And only during this closed period, the average annual income is more than 15%, can they charge management fees. In other words, if they cannot do this, in the worst case, after a closed period, they can all When you get your principal back, management fees will not even be deducted—in fact, among all funds in the world, a considerable number of them rely solely on management fees to maintain operations...

As for the income share of this fund... the Kuwait Investment Authority is still hoping that Barron and the others can get a higher share, which means that the rate of return they earn for themselves will be higher.

It can be seen that after Barron proposed the idea of ​​​​this industrial investment fund, Badr was still very excited. He said that he would discuss it with the board of directors of the Kuwait Investment Authority as quickly as possible to finally answer whether Barron would participate in this industry. among investment funds.

The outcome of this meeting was very satisfying to Barron.

Many Middle Eastern tycoons and some investment institutions have become interested in the fund products of DS Investment Company. As for the final amount of funds that can be attracted, it will only be determined after detailed negotiations in the next few days.

Next, Daisy, CEO of DS Investment Company, will personally bring her team to Riyadh to discuss with these tycoons and investment institutions, so there is no need for Barron to come forward himself.

"Your Highness, what are you talking about?"

When the meeting was over, when Barron and Prince Walid returned to the "tent" he had rented, he saw Princess Alina chatting with Aliya. The two seemed to be related to each other. They're all very close.

"I just talked about some things between women. In addition, I am also a little curious about your family's charitable foundation, His Highness the Duke."

After Princess Alina finished speaking, Aliya next to her continued:

"Her Royal Highness the Princess is also in charge of the Walid Foundation and has done a lot of charity in various places. However, when she asked about the Devon Hill Charitable Foundation, I don't know much about it..."

"Your Highness, as you said, the princess is a career woman who can be so dedicated to charity. You are all worthy of respect. Our Devon Hill Charity Foundation has also had some activities in this area. If you, Princess If you are interested, I can give you a general introduction..."

"That's great……"

After Prince Walid sat next to her, Princess Alina gave him a sweet smile and turned to Barron and said:

"Perhaps we can cooperate with your foundation to hold charity events in the future."