Rebirth 79: I opened a bank in the United States

Chapter 52 Investment thresholds of private equity funds

"Okay, but I still advise you not to be too optimistic. The hero is in the movie, we still have to be realistic."

Just as Carter couldn't persuade Goodman, Goodman couldn't make Carter lose his trust in Volker.After a reminder, the topic jumps from long-term planning to short-term parents:

"By the way, I have a package from New York, and I'll get it to you later. Also, why did you buy so many folding chairs? Now they are all piled up in the backyard, and they are useless at all."

"Let's put it aside, it will always be useful in the future. Speaking of it, I thought about it on the way, and it is the general trend to give loans to black people in the future, and the distrust between black people and us may require some lectures, lectures or something, It might come in handy by then.”

When mentioning folding chairs, Carter thought of the black father and son who bought an oven.There is no rush to open up loans for the black group now, but to subtly influence it, we have to start doing it.When it was executed, Goodman, the executor, objected.

"You really want to come out of your mind. Carter, do you have a hero worship complex? Or do you want to be a hero? Are you a white hero for black people?"

Can a 16-year-old enter secondary school?Goodman recalled it and found that it seemed possible.What can he do to Carter who has a second attack?I can only "sigh to cover my tears"~

"Forget it, forget it, I'll go get your package. You should wait two years to talk about your thoughts. When you grow up, you will mature."

Goodman shook his head and walked out of the office, marveling at Carter's innocence.Carter didn't bother to explain, because brainwashing still needs a process. It's not so easy for an old white man like Goodman to accept his new point of view.This generation gap has not only existed in age, but also has a different understanding of race, group, and even family and country.

Carter doesn't like blacks, but he also believes in Confucius's "education without discrimination".Carter is still able to accept the quality and culture of progressive old blacks in the black group.But Goodman and his "pure" Onsa people are different, xenophobia is engraved in their bones, not to mention that in the years when Goodman was growing up, the treatment of blacks could be legally discriminated against.Discrimination against black people is justified in their eyes.

"Hey, your package. There was no one in your office before. I was afraid of any accident, so I left it there."

"Thank you."

Goodman's voice interrupted Carter's thoughts, and after taking the package, Carter's attention also shifted to the package.If nothing else, this should be the proof of subscription that Julian forwarded for himself.

After opening the package, as expected, the first thing that caught the eye was the Quantum Fund's subscription certificate of US$[-] million.Attached is the subscription agreement signed at the beginning. The main content is when and how many fund shares Carter will subscribe for, the opening period of the fund, that is, when and when the funds are raised, and the closed period, that is, the operating time of the fund. There is also a description of the information agreement such as the duration.

According to the regulations of Quantum Fund, the closed period of the fund is 8 months.That is to say, within 8 months after the end of the fundraising, no new capital investment will be accepted, and investors like Carter will not be allowed to withdraw or call to redeem their own funds.You must wait until the duration of eight months before you can choose to continue to subscribe, or withdraw your own funds.

This information is all about the basic operating procedures of private equity funds. There is nothing to say. Carter had read it when he signed the agreement.After a quick glance at this moment, he turned his attention to another place, which was a whole set of identity documents.

This is very interesting, ordinary people rarely come into contact with dual identities.And this set of identity information is not Carter's new identity, it is purely the identity information of a Panamanian businessman named Memphis, who also invested in the Quantum Fund, and has nothing to do with Carter.
The signature on the fund subscription agreement also belonged to Mr. Memphis.Looking at the brand-new Panamanian passport with a stranger's face printed on it, the power of attorney, and the corresponding account information in the package, Carter's spirit of complaining was ready to move again.

In China in the future, if you want to invest in private equity funds, there will be a very high threshold.Of course, it's the same in the United States. This kind of transfer of funds out and in, as well as creating new overseas identities or acting as agents, are not something ordinary citizens can do.

But compared with the hidden threshold in the United States, China's investment threshold is much clearer.In the future, China's private equity fund managers can only raise funds from qualified investors recognized by law, and fundraising from ordinary people is not allowed.

The so-called qualified investors also have very clear standards. There are two common ones: units with net assets of not less than 1000 million; individuals with financial assets of not less than 300 million or personal annual income of not less than 50 in the last three years.

In layman's terms, the state only allows people with certain risk identification capabilities and risk-taking capabilities to invest in private equity funds.Don't think that this is the state preventing you from making money. On the contrary, it is a protection of ordinary citizens by the state.Just imagine, what will happen to an ordinary person with an annual income of only 10 who rashly invests in a high-risk and high-leverage private equity foundation.
During the closed period of the fund, you will not be able to get your money back, in case something goes wrong.Not to mention whether the fund is losing money or not, even if there are three diseases and two pains suddenly, you can't solve it.

Carter had to admit that the United States was protecting the interests of ordinary citizens in this regard.It's just that compared with China's approach of clarifying responsibilities in the future, the approach of the United States has a lot of American characteristics.Foreign investors voted and have nothing to do with our own citizens. If something goes wrong, don’t look for me. I don’t even recognize me.
In addition to these two main documents, there is also a letter from Julian.I asked about Carter's journey and recent situation, and I wish you well, it's over.There was no important content, but it made Carter feel warm when he saw the letter.

Just seeing the word journey, Carter suddenly thought of something.Then he picked up the phone on the table and called Julian.Georgia and New York are both in the eastern part of the United States, and their work and rest are based on Eastern Time as a reference. This is my working time, so Julian must be.

"Hey, Julie, I'm home. I got your letter and everything is fine, thank you very much for your concern. Didn't expect you to remember me."

"Ha ha ha, how could I forget you, young Mr. Millionaire. Have a good trip?"

"Not bad, I found a company in Seattle that I think has great potential."

For Julian, who brought him the first pot of gold and introduced him to Soros and other bigwigs, Carter didn't mind disclosing Microsoft's news to him at all, so that this hard-working stockbroker could also make a fortune with him.

Carter understands a truth very well, even if he is a time traveler, he cannot eat alone.People who eat alone are destined to not live long.And there is no white belt, Julian's connections, maybe it can better help him get benefits from Microsoft.Still the same sentence, the current self has nothing but money.Oh no, now even the money is gone. The fund is closed.
"Oh? Yes, then I'm interested. What's their name?"

"Microsoft, taking part of the name from the words microcomputer and software, I like to call it Microsoft."

"Okay, I'll look into the company when I get back."

"Okay, by the way, Julie, I'm calling you. I have a question to ask you. Do you know Yum!? It's the Kentucky Fried Chicken chain that does catering."

(End of this chapter)