Hollywood Hunter

The founder of The Carlyle Foundation, David Rubinstein, arrived at this hotel in the west of Suzhou City on time at seven o'clock and saw a Chinese girl with dimples when she laughed. This 47-year-old has spent many years in Washington officialdom and fund circles. The first reaction of middle-aged people was still with emotion.

As one of the two most important lovers of Simon Westeros in China, Rubinstein is very clear compared to outsiders that Chen Qing is actually the same as Lin Su, who was on the "Forbes" 400 richest American list this year. Status is still wealth, so it will inevitably give birth to the feeling that people are more popular than others.

The Carlyle Fund was established in 1987. After nearly ten years of struggle, Rubinstein's current net worth is only 20 to 30 million US dollars.

Fortunately, as George Soros formally joined Carlyle as a partner a few months ago, and even further struck up the prosperous Westeros system line, Kay, who had been relatively small in the past ten years Lei Fund finally ushered in a major turning point in its fate.

Especially last month, after tireless contact here, the Carlyle Fund received a one-time investment of US$1 billion from Westeros.

The benefit of the Westeros system's investment in the Carlyle Fund even exceeds the joining of George Soros.Therefore, although Westeros has made a clear limit on this funding, basically just borrowing the shell of Carlyle, but David Rubinstein still shows great attention.

In any case, you can't go wrong with investing in the Westeros system.

Let's talk about the 1 billion US dollars. I personally talked to Westeros once. The arrangement there was to be all directed to China's heavy industrial fields, to be precise in the construction, transportation, and mining-related construction machinery fields.

With the rapid expansion of the Carlyle Fund this year, the investment strategy that used to focus only on the domestic defense sector in the United States will definitely need to be changed. Diversified investment is an inevitable choice.Since Simon Westero personally pointed out a way, David Rubinstein came to China a week ago to personally inspect the current situation of China's related industries.

Just when he was about to return to the United States, he received instructions from Westeros, asking Karen to invite Chen Qing to serve as a government policy adviser for projects involving Westeros funding in China.

Carlyle’s early breakthrough was to obtain a large number of defense orders by inviting former top executives in Washington to serve as executives or consultants.Even without Westeros’s request, since it has decided to do business in China, Carlyle will have a good relationship with the Chinese authorities. Since the other party has made arrangements, even if David Rubinstein thinks Chen Qing’s weight is a little low, It didn't even matter at all, but he agreed.

This is the reason for this meeting today.

Greeting each other, David Rubinstein took his assistant and sat down at a round table large enough to accommodate seven or eight people. Chen Qing was the only one seated here, and two confidant waitresses were responsible for picking up the dishes. , I don’t want irrelevant people to wait to hear the conversation here, the hotel staff can only walk to the door.

Everyone sat down and ordered the waitress to serve the food. Chen Qing turned to Rubinstein, "David, how do you feel about Chinese food after spending half a month in China?"

David Rubinstein is a very talkative person. He smiled and said, "It's amazing. I think I might not be able to live without Chinese food in the future."

"In fact, the boss is like that. However, Westerners may not be used to some of these flavors. Fortunately, there are many kinds of Chinese cuisine. Anyone who comes to this country can find their favorite food."

"It's true."

The food served here is very efficient. After a brief chat, the two waiters have brought some food.After all, it is a foreign guest, and here is the careful use of the meal-sharing mode. Chen Qing actually likes this way of eating more and more, rather than a group of people stirring in a dish.

A simple greeting, the two sides quickly entered the topic.

"All, David, what do you think of the batch of corporate information we provide here?"

David Rubinstein was obviously jerky but still insisted on eating food with chopsticks, saying, "Frankly speaking,

Chen Qing's smile remained unchanged: "So, David, you are not optimistic about the boss's choice?"

David Rubinstein did not deny, saying: "If it weren't for the investment strategy that Simon personally finalized, I would never invest a penny in these areas of China."

Chen Qing was very patient and asked, "What about now?"

"Of course it is to follow Simon's ideas," Rubinstein said with a smile: "I only hope that this investment will not become Simon's waterloo, otherwise, Carlyle will follow the bad luck."

Chen Qing was half joking: "Actually, if you can prove that the boss’s judgment has made a mistake, it can be considered a pioneering move. At least so far, of course, it’s not that the boss has made no mistakes, but in the general trend of many industries, the boss has always That's right."

"Yeah, so Carlyle plans to follow up with the same bet."

"You will certainly not be disappointed, but, David, I also hope you remember that the interests of the Westeros system must be put first."

"Of course, the customer is our God."

Chen Qing nodded, and then said: "Why don't we talk about the giants, do you have a definite goal?"

David Rubinstein raised his free left hand and raised two fingers: "Two, XCMG I just mentioned counts as one, and the other is in Hunan. This is a private company called Sany Heavy Industry."

David Rubinstein’s research and investigation targets during this period are actually materials provided by Cersei Capital’s China Economic Research Institute. Since her boss has been assigned the title of government policy consultant, Chen Qing has also dutifully read many of them. Enterprise information.When Rubinstein talked about it, Chen Qing immediately saw the general situation of the two companies.

Xuzhou Construction Machinery Group is a large state-owned enterprise. Rubinstein just said that the revenue is 260 million US dollars, equivalent to 2.2 billion yuan, which is already a considerable scale in China.

The comparison is another Sany Heavy Industry. Unlike XCMG's involvement in agricultural machinery, automobile manufacturing, and port machinery, Sany is only a company that is only involved in construction machinery, to be precise, concrete conveying equipment.

The reason why it was selected by the research institute was mainly because of the breakthrough of the three-to-one pumping equipment for conveying concrete to high-rise buildings. The conveying height reached more than 100 meters, breaking the overseas monopoly on related equipment, plus its own high Growth, became a star private enterprise in related fields for a while.

In Chen Qing's view, China's private high-growth enterprises are the most favored investment targets on Wall Street.

Thinking about this, Chen Qing asked: "Sany understands very well, David, why did you choose XCMG? This company has a very complicated product line, and is it expected to lose money this year?"

David Rubinstein did not directly answer Chen Qing’s question. Instead, he said: "I communicated with the Sany team, and I also saw their factories and products. This is a company with strict management systems and clear development goals. The company and the management are also very good. I hope that through capital injection and technical support, it will develop into a comprehensive construction machinery and excavation machinery giant. As for XCMG, if I can talk about it, I hope to reorganize and transform China’s highly competitive agricultural industry The machinery and other businesses were divested, focusing on the development of port machinery and mining machinery and equipment."

"Construction machinery, excavation machinery, port machinery, mining machinery..." Chen Qing masterfully grasped the key points and said: "David, you have a good idea, but have you ever thought about it if things don’t follow your idea What about development?"

"What do you mean?"

"We don't talk about other things. If you only invest in these two companies, do you think Carlyle has spent $1 billion on this side?"

"Of course not, but this is only one aspect. In addition to construction machinery, Simon is also interested in shipping, railways and other fields. This is also a field that burns money. Chen, you know, I didn't plan to spend a year or two. Just smash out all the 1 billion U.S. dollars, and it is estimated that all the investment will be completed, which is about three to five years."

"Well, I mean, I think the boss should also have this idea," Chen Qing said: "That is, invest in multiple companies at the same time, give them corresponding support, let them compete freely, and ultimately eliminate the weak and stay strong. According to our Chinese saying, this is called... Uh, I don’t know how to translate it. Someone puts scorpions, spiders, centipedes and other poisonous insects together in order to get the most ferocious insect king, and let them fight each other, and finally stay. The one that comes down is the strongest one."

"I see, it sounds cruel, but..." David Rubinstein thought for a moment, and said, "If Simon agrees, I have no problem."

The main reason is that there is too much money in hand.

If you only invest in the two companies selected this time, according to Rubinstein's thinking, one-tenth of the US$1 billion will not be used.But if you invest in multiple projects at the same time, although David Rubinstein doesn't know the allusion of raising Gu, Chen Qing's idea of ​​survival of the fittest is actually worthwhile.

Because Rubinstein also understands that China's current related industries are still in the initial stage, so the cost of entering the market will be very low.In addition, the construction machinery industry in China is quite fragmented, and there are related enterprises in almost every province, and large-scale investment is also quite feasible.

Moreover, the wide-spreading model can actually be subdivided. A certain type of machinery is limited to two or three companies, which can also ensure relatively healthy competition.

Of course, the key point, the premise of all this, must be Simon Westero's correct judgment on the prospects of China's related industries.

China has adopted austerity policies since 1993, which has led to the shrinking of the domestic infrastructure sector, and various construction machinery industries have been greatly affected.According to the normal economic cycle, this is an industry downturn, and it is the best time to enter the market.The Westeros system is now beginning to lay out, so we need to expect China to change its economic policy in the next few years, move towards easing, and launch infrastructure on a large scale.

As long as this transformation becomes true, the construction machinery field as the foundation will also lead to a period of rapid development.

In addition, David Rubinstein has also considered various other aspects, which are based on Simon’s correct judgment. Once a young man makes a mistake in his judgment, the Westeros system invests Carlyle’s $1 billion, and Carlyle’s $1 billion year-on-year follow-up is destined to have an uncertain future.

On the second day of this dinner, Rubinstein returned to North America and began to prepare for the follow-up actions.

Chen Qing also received a call early in the morning and hurriedly left Suzhou and returned to Beijing.

The team here in Beijing informed her that her boss hopes to build a golf course and high-end villa area at the foot of Fragrant Mountain in the western suburbs of Beijing.

Arrived in the capital in the morning, Chen Qing was immediately called to go to the municipal government for a meeting.

At first, I hoped to get 2500 acres of land close to the triangle on the southeast side of Xiangshan Park in Haidian District. The result was rejected by the municipal government, but it was not totally rejected, but that the project wanted to be approved and needed to be moved eastward about 1 km. In other words, it cannot be built at the foot of the mountain.

Chen Qingchu was a little depressed at first, but it was not too surprising.

At the foot of the mountain, not to mention Fragrant Mountain Park, the surrounding foot of the mountain, to some extent, is considered a treasure of geomantic omen.After all, Yishanbangshui is a high-quality Fengshui bureau that most ordinary people in China subconsciously recognize.Even in the West, I have seen many luxury homes of my own boss. Even if there is no Feng Shui theory in the West, the top luxury homes of foreigners are basically the same pattern.

Chen Qing also studied carefully. The selected plot of land did not have a quadrangle courtyard at the foot of the mountain. Now, it still failed. Obviously, even if it didn't exist before, it should be there next.

All in all, this pool of water in the capital is still very deep.

At the end of the meeting, which lasted for more than half an hour, Chen Qing tried a little to no avail, and could only pass the result to her boss.However, in any case, such a super-large real estate project of 2500 acres can be approved, and the municipal government did not require a joint venture. It definitely depends on the face of the owner.

Near noon, after the meeting ended, Chen Qing was called to stop just as she was about to leave with her entourage.

With a happy smile again, Chen Qing shouted to her middle-aged man: "Secretary Liu, is there anything else?"

"That's it, Xiao Chen," the middle-aged man motioned to go out together, seeming to glance at Gil Pekert and Zhao Anni who were following Chen Qing, and said, "The Rose Garden Villa project in Changping, you Are you very interested here?"

Chen Qing noticed the middle-aged man’s gaze, and realized that the action here was not hidden from him.

This is planning to find someone to take the order.

After hesitating a little, Chen Qing did not deny it, and nodded and said: "I have paid attention to some information, but, Secretary Liu, I heard that things are very troublesome."