Rebirth of England.
Chapter 635: The Enthusiasm of the Rich
Chapter 635: The Enthusiasm of the Rich
The next day, when Ivanta woke up, Barron was no longer around.
However, she did not feel lost when encountering such a scene like she did when the two of them first got together.
Because she knew that Barron had the habit of getting up early to exercise...even if he consumed a lot of calories the night before, he still maintained this habit.
This is why he has been able to maintain such a perfect body - muscles all over his body, just like the gods in ancient Greek sculptures.
Many times, Ivanta would accompany him in training, but last night... the scene of the two of them wandering freely in the ocean of knowledge last night appeared in his mind. Even though it was not the first time, Ivanta still blushed and his heart beat fast.
The aches and pains she felt all over her body at this moment also showed how intensely they studied last night.
After all, as a female knight, it was definitely not easy to subdue the wild horse... Unsurprisingly, she failed in the end, and was unable to resist the wild horse's repeated attacks...
Sure enough, after Ivanta took another short nap, Barron returned to the bedroom with a towel around his neck, wiping his sweat.
"Baby, it's time to get up..."
The way Barron woke up Ivanta was very special. After he finished taking a shower, he walked to the bedside and saw the woman looking at him with sleepy eyes...
With a "pa" sound, he patted the bulge in the quilt, then bent down and kissed Ivanta on the forehead, and said with a smile.
As for why not kiss on the lips and cheeks...
After all, “even a tiger won’t eat its own cubs”…
……
"Your Highness, my friend..."
"Hello, Mr. Bader, nice to meet you in America."
When Barron returned to Los Angeles from Silicon Valley, he met Badr Mohammed El Salad, president of the Kuwait Investment Authority (KIA), who was there.
Bader came all the way from New York to Los Angeles just for this meeting with Barron.
"We are very disappointed with those investment banks and funds on Wall Street. Your Highness, we finally realize that you are our true friend."
In the magnificent Flower of Leith Manor, Balder said to Barron with disappointment.
"I heard about your situation. I'm very sorry, Mr. Bader."
What Bader was referring to was the "Madoff case" that occurred not long ago. It can be said that of the US$500 billion involved in this case, at least US$150 billion came from the wealthy countries in the Middle East.
And these funds are the kind that cannot be recovered at all...
It's not just the "Madoff case". In this subprime mortgage crisis, the sovereign funds of the wealthy countries in the Middle East also suffered heavy losses.
You know, as their "protectorate", these wealthy countries will invest in the United States in return - many of these funds have entered into the investment products of Wall Street investment banks and funds, and these funds have suffered losses due to the outbreak of the subprime mortgage crisis, which are simply astronomical figures.
This is why in Barron's previous life, after the subprime mortgage crisis, the wealthy countries in the Middle East began to transfer some funds from the United States to other regions - mainly to Europe and Asia. For example, the investment and acquisition of European companies and real estate by Middle Eastern funds began to increase frequently after the subprime mortgage crisis.
Even Sun Zhengyi's SoftBank Group later received nearly US$500 billion in funding from a wealthy country in the Middle East.
In addition, the increase in investment in China by wealthy countries in the Middle East also began after this.
From this, we can see how deeply these wealthy countries in the Middle East remember the "harm" inflicted on them by Wall Street capital.
In contrast, Barron's DS Group has left an extremely good impression on these wealthy countries in the Middle East.
For example, the first phase of the Global Industrial Investment Fund (GII Fund). The GII-1 Fund raised a total of US$60 billion in funds, of which the Kuwait Investment Authority and the Saudi Public Investment Fund each contributed US$21 billion, and the remaining US$18 billion was contributed by DS Holdings (Cavendish Trust Fund).
Unlike the fixed-income products of Phase II, Phase I of GII adopts a profit-sharing model, except that DS Group will receive different proportions of the share based on the final profit.
Last month, when the subprime mortgage crisis became more serious, the Kuwait Investment Authority and the Saudi Public Investment Fund suffered heavy losses in their investments in the United States, so they contacted the DS Group, hoping to recover their investments in the first phase of the GII Fund.
At that time, the "Madoff case" broke out, which inevitably made the two funds worry that the DS Group, in which they invested more, might be another Ponzi scheme, so they made such a request.
But the problem is that when you first join the GII Fund, it is clearly stipulated in the agreement that all investments can only be withdrawn after 5 years. If you withdraw early, a considerable proportion of the fees will be deducted - after all, this is understandable. Projects such as the Four Seasons Hotels and Fast Retailing Group invested by the first phase of the GII Fund are all long-term projects that require long-term stability.
But since the Kuwait Investment Authority and the Saudi Public Investment Fund insisted on getting their investment back, Baron readily agreed - although when he first founded the GII Fund, especially the initial phase, the funds invested by the Kuwait Investment Authority and the Saudi Public Investment Fund were a huge sum of money for Baron.
But now, with the scale of funds he controls, these two or three billion US dollars are nothing.
However, according to the agreement, the fees that should be deducted due to early withdrawal must also be deducted.
In the end, the Kuwait Investment Authority and the Saudi Public Investment Fund each received a refund of $25 billion. This is the amount that Barron's was able to return to the Kuwait Investment Authority and the Saudi Public Investment Fund after evaluating the value of the assets currently held by the GII-1 Fund, deducting the costs of early exit and the DS Group's share.
This has made the two sovereign investment funds very satisfied. After all, they invested $21 billion and earned $4 million in profits. It doesn’t seem like a lot, but it’s after deducting the early exit fees and commissions…
And the current situation is still in the subprime mortgage crisis...
Compared with their investments in the United States - many of which ended in total loss - this is truly a conscientious act. As a result, Barron and DS Group have gained the trust of two sovereign investment funds, the Kuwait Investment Authority and the Saudi Public Investment Fund.
When meeting with Barron this time, Bader not only represented the Kuwait Investment Authority, but also relevant sovereign investment funds such as Saudi Arabia and the United Arab Emirates. He told Barron that these funds will gradually withdraw some funds from the United States and prepare to invest in markets outside North America - including the UK.
He hopes that DS Group can set up a new investment fund modeled after the Global Industrial Investment Fund, or invest directly in the GII Fund.
And Bader also promised that the total investment this time will exceed 10 billion US dollars.
"To be honest, Mr. Bader, we are not short of funds right now. We even have some funds that are looking for investment projects..."
Barron looked a little embarrassed and said:
"But as a friend, I will consider your proposal carefully."
(End of this chapter)
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