Rebirth

Chapter 900-BlackRock

Although Li Feng in his previous life was not a financial practitioner or professional, the information of his later life was spread too widely. Wall Street stars such as Blackstone, Black Rock, Morgan Stanley, Merrill Lynch, Goldman Sachs, including Fidelity, etc., are famous Funds, investment banks, banks and other financial institutions, even ordinary people can always hear it.

Among them, Li Feng is most interested in the "Two Blacks", Ji Heiyan and Black Rock. Compared with the other top large financial institutions, the history of the "Two Blacks" is relatively late, so that Li Feng has the opportunity to intervene. Wall Street Affairs.

Unfortunately, Blackstone’s management model and Black Rock represent both ends. The boss of Blackstone firmly controls all the partners and management of the company. It is difficult for outsiders or even external shareholders to intervene; and Blackrock is BlackRock. Larry Fink is quite a bit of the "Silicon Valley spirit", that is, how to share.

Larry Fink’s Black Rock Company, every employee is a shareholder of the company, and even said that one share has one vote. Larry Fink’s own shares are not even 1% of the company. Several statistics are very clear. problem.

Larry Fink’s value has never exceeded 1 billion U.S. dollars. The market value of Black Rock has reached more than 80 billion U.S. dollars. At that time, Fink’s value was only around 600 million U.S. dollars. At that time, the founder of Black Rock, whose market value was only half of Black Rock, was It is more than 13 billion US dollars.

Comparing the two, there is no doubt that Heiyan is most likely to become a shareholder or even a major shareholder or something, and the possibility that Heiyan wants to be in power is too small.

...

According to data from later generations, Black Rock has been around for 30 years since its establishment, but it has created more than 3 trillion US dollars in profits and created more than 100 billion US dollars in profits for the company’s shareholders. After all, the future generations of Black Rock have more than 60,000 managers worldwide. With billions of dollars in assets, the scale is too huge.

Think about it, if you become a shareholder of Black Rock, if you can hold dozens of percentage points, relying only on your identity, and when Li Feng is reborn, the total dividend may be in units of tens of billions of dollars. What's more, holding the shares of Black Rock Company, the market value of this stock is in units of tens of billions. Investing in Black Rock now is too valuable and too greedy.

"Larry, I think when you first cooperated with PNC, you should have signed an agreement to introduce capital to dilute its shares?" Li Feng asked back with a smile.

"Hi... John, I can't hide anything from you, there is indeed such an agreement."

"Haha... Larry, this seems to be the consensus of Wall Street, you can guess it, isn't it?" Bill Willybe also joked with a smile on the side.

Li Feng laughed again and responded jokingly, and said: "I think PNC has been rewarded with great value over the years, and it has far exceeded the investment at that time. Now holding such a large number of shares in BlackRock is indeed a bit It's out of season. I'm really interested in acquiring a part of PNC's BlackRock shares. I wonder if Larry would you agree or even help to get a line?"

"John, I can go back and help you mention it. I can't guarantee the final result. After all, the shares are in the hands of PNC. However, I think PNC should be satisfied and be able to gain John's friendship and gain a considerable amount of money. Cash income.

Besides, I think if John joins BlackRock's shareholders meeting or even the board of directors, with your St. John Lee's signature, it should be beneficial to the development of the company, isn't it?"Larry Fink couldn't help but his eyes lit up at this moment, and then he raised his glass to signal.

"Larry, I think your stake in BlackRock is too small. Maybe I can ask the bank to give you a loan. What do you think?"

"Cheers!"

"Cheers!"

"..."

...

Undoubtedly, Li Feng’s proposal can be said to be in the arms of Larry Fink. As for Li Feng’s proposal of letting her give her a loan to increase the shares in his hands, Larry Fink’s heart is moved. Understand that Li Feng has released the bait, waiting for himself to be hooked.

Li Feng's meaning is very clear. When Li Feng formally took a stake in BlackRock, it was when Li Feng helped him to borrow money and increase shares. How to operate this depends on the following methods.

Larry Fink is very confident in his BlackRock. Today BlackRock manages more than 100 billion U.S. dollars in assets. Among the many asset management companies on Wall Street, it is not a small one. Similarly, people who struggle on Wall Street , No one should have trouble with money, if there is an opportunity to increase his shares in BlackRock, Larry Fink will never let it go.

It can be said that Li Feng’s bait is really too big. Another point is naturally the worry about PNC’s shares. After all, there are too many shares. With this opportunity to dilute others’ shares, Larry Fink really doesn’t want to let it go. Otherwise, Larry Fink would not come to Merrill Lynch in future generations.

"John, Larry, what are you talking about, do you mind letting us listen?"

Just as Li Feng and Larry Funk were drinking and celebrating, there was a joke, and everyone turned to look, but it was John Mike, the current president of Morgan Stanley, who had been in contact with Li Feng before.

"Wow..., isn't this our King of Wall Street-Mr. John Mike of Damo?" Li Feng replied jokingly.

"Mike, long time no see, hello!" Larry Funk also greeted with a smile, obviously, the two should be familiar.

"..."

...

It’s inevitable to greet the past. Those present are all elite talents. Even if it’s small talk, it’s inevitably what Wall Street is like, what company is like, etc. It’s very lively. As for Li Feng and Larry Fink before. Naturally, the topic was temporarily shelved.

"BOSS, I'll go there first, Larry and Sergey are calling me, you guys talk first." At this moment, Eric suddenly smiled and said.

"Oh..., that's all right, go ahead."

Li Feng followed Eric’s gaze. Not far away were the two Google bigwigs, Page and Brin. At the same time, beside them, Li Feng also saw several familiar faces, namely Sequoia. Michael Moritz of Capital and others.

"Oh... John, it seems that your Fetion and Google are so attractive. No, the ones that should or shouldn't come are here. Congratulations again." John Mack, the president of DMO, laughed Jokingly said.

"Really, that's my honour. No, even your damos are here, and the rest are normal!"

"Haha..., indeed!" John Mike replied with a triumphant smile listening to Li Feng's compliment to Damo and his tone.

For the compliment of Morgan Stanley, it is really not a deliberate compliment. To be honest, it is worthy of Li Feng's compliment. It is an investment bank that can stand firm on Wall Street, from the original five major investment banks to the rebirth of Li Feng. Goldman Sachs and Morgan Stanley.

...

Although in name this cocktail party was the financing cocktail party of Feixun and Google, Li Feng’s thoughts have been placed on the three companies of Apple, Qualcomm, and BlackRock from the beginning. As for the issue of company financing, it has been long since A decision is made, and the next step is to bring people to negotiate.

For this reason, the next cocktail party was calm, and Li Feng was busy chatting and making friends with capital institutions from Silicon Valley and even across the United States, which can be regarded as expanding his "friend circle".