Investor That Can See The Future

Chapter 98

David Ryu.

My Korean name is Ryu Chul-gyun.

He was a historical figure in the Korean financial industry.

After graduating from Harvard University’s Department of Economics and completing his MBA, he joined Khan Rhein Group, where he was responsible for M&A in Asia.

Founded in the late 1980s, Kanline Group is the world’s largest private equity fund with $200 billion in assets under management.

Ryu Chul-gyun completed an M&A with HB Bank within one year of joining the company, and sold it back three years later, bringing the company a profit of 1 billion dollars. It was the largest profit for the Kanline Group in Asia.

After proving his skills, he has grown into an Asian head. In effect, he is in charge of all Asian operations within the Khan Line Group.

Kanrain Group gave him the best treatment.

But his dream was to create a private equity fund named after him in his homeland. After that, when related laws were enacted in Korea and the atmosphere ripened, he led the team and became independent. The company that was created in that way is RCK Bros.

Although there were concerns, RCK Bros. has grown into Asia’s largest private equity fund in 10 years, and its operating funds have increased to 40 trillion won.

Currently, RCK Bros is interested in X-Cop. Vice-President Shin Byung-doo personally stepped forward and took care of it.

“Did you hear me? OTK Company is also going to take over.”

At Shin Byung-doo’s words, Ryu Chul-gyun nodded his head.

“A consortium with Golden Gate?”

The two were neighborhood friends who spent their elementary and middle school days together.

Afterwards, Ryu Cheol-gyun went to Harvard University in the United States to study, and Shin Byung-doo went to Tokyo University in Japan. While Cheol-gyun Ryu was on the verge of success at the Kanline Group, Byung-doo Shin made his name as an analyst at Nomura Securities.

When he decided to become independent, the first person Ryu Chul-gyun found was Shin Byung-doo. It was because he thought that he was an indispensable talent, apart from being a close friend.

At the gesture of his friend, Shin Byung-doo left Nomura Securities without any regrets and joined RCK Bros.

While the team members who came together set up branches in Singapore, Hong Kong, and Indonesia, the two rented a floor in Yeouido as an office and set up their headquarters.

For several years, I was stuck at work without sleeping. The first thing you need to do to manage a private equity fund is to raise money.

If the manager is the captain, the investor is the crew.

No one wants to get on a ship that the captain can abandon at any time. Therefore, the captain had to show the determination to share fate until the end even if the ship sinks.

This was the management practice of private equity funds and hedge funds.

Ryu Chul-gyun put in all his annual salary and investment income of 17 billion won. Shin Byung-doo also willingly invested 9 billion won. This included a loan secured by the house as collateral.

Thanks to Chul-Kyun Ryu’s personal connections and fame, there was no difficulty in raising funds through the blind fund. He offered to finance several sovereign wealth funds, including Temasek, and raised $2 billion in an instant.

RCK Bros bought HM Capital with the money. And it was re-sold in one year and earned 300 billion won, proving the fact that the past performance was not thanks to the Kanline Group signboard.

When the first investment was successfully completed, people and institutions who wanted to invest were lined up.

RCK Bros mainly focused its investment on the Asian side.

First, there were a lot of undervalued properties in Asia, and second, in the developed markets, existing strong players, including Kanrain Group, were holding on.

The work of a private equity fund does not end with the acquisition of a company. It ends only after reselling and realizing a profit.

American and European financial institutions often do not understand Asian corporate culture. For this reason, there have been cases in which unreasonable organizational restructuring and restructuring have resulted in backlash from employees or the departure of key personnel, which often reduces corporate value.

On the other hand, RCK Bros. understood the corporate culture of Asian countries well, which was a differentiated strength.

Compared to 10 years ago, China, South Korea and ASEAN countries have grown beyond comparison with the past. There were so many attractive listings, and private equity funds in the US and Europe turned their eyes to the Asian market in search of higher returns.

This meant that the competition would intensify. And in this X-Cop takeover battle, that concern was realized.

Even the OTK Company will intervene here.

“Isn’t it like looking back at our youth?”

Shin Byung-doo shook his head.

“no. We couldn’t do that when we were that age.”

“Well”

How many people can accurately predict discontinuation and timing just by looking at a few cell phones exploding and boldly invest in put options?

Betting on the British foreign exchange market during Brexit was like watching George Soros in his prime.

It was unbelievable that a young man in his 20s, who had not even graduated from college, had done it.

Ryu Cheol-gyun stuck out his tongue.

“I thought a guy like this would be born in Korea.”

Previously, Ryu was the most famous investor in Korea. However, with the appearance of Jin-hoo Kang, he was pushed back for the second time.

“I want to see who the hell he is.”

“Tell me to go get a cup of coffee. It’s right next door.”

As famous private equity funds are concentrated in Gangnam, RCK Bros’ headquarters is also located in Teheran-ro. It was less than 200 meters from here to the OTK Company building.

Shin Byung-doo was the same as the thought of wanting to meet him once.

In fact, he had heard the name Kang Jin-hoo several times before the press conference. It is because she is the school senior of her daughter, who has only one such thing.

‘Why is Yuri so interested in this guy?’

* * *

It is not possible to participate in the Xcop bidding just by submitting the documents.

You must first pass an examination to obtain qualifications, and the most important thing in the examination is a plan to raise funds. You have to prove that you have the funds, and if you don’t, you must provide a clear plan of how you will raise the funds.

This is to avoid a situation in which the contract is canceled due to failure to raise funds after being selected as the final negotiator. (In fact, this often happens)

After passing the screening, three companies are selected through preliminary bidding, and then the final bidder is selected through the main bidding.

Hyunjoo noona told me.

“Can you send Henry over here?”

“Yes.”

In Golden Gate, Hyun-joo’s older sister and Henry came out on our side. The two began to measure the value of X-Cop based on the data investigated by the due diligence team.

Two things are important.

First, what is the real value of Xcop, and second, how much do other companies think?

Just before the preliminary bidding, Rite Group withdrew from the bidding.

It was somewhat expected. The burden of large-scale investment must have been high as the brothers were litigating over management rights.

Now, is there only one silver-sung car left for large corporations?

In the meantime, we focused on reorganization and composition. After all, OTK Company and K Company are one body. After leaving, Michael Lee was appointed as the general CHO of both companies.

“It’s amazing how we’ve managed with this number of people so far.”

Actually, I’m also curious about it.

This was possible because he only received reports from the companies he had stakes in and did not interfere in any way. But now, the size of those companies is getting bigger and bigger, so it’s difficult to do in the past.

“We need to increase our full-time staff to at least 50. And secretaries and general staff will be interviewed separately and then hired.”

“Please consult with CEO Park Sang-yeop before proceeding.”

“Okay.”

We took a break after a while. Taek-gyu brought the game console to the CEO’s office and connected it to the TV to play games.

I screamed out of disbelief.

“What are you doing in the sacred company, nigga?”

“You also invested in our game company.”

“OTK Games? This is not even a game there.”

“I am broadening my understanding of the game industry by playing games of competitors.”

“… … .”

Isn’t it just a game you want to play?

“When you are resting, take a rest.”

I returned to Korea in October.

As soon as I got back, the problem broke out, so I worked in the building for a while, and after that, I was taken into custody right away. And after the US presidential election, it came out again in November.

And after working frantically again, now I can catch my breath. It’s been a while since I’ve been relaxed, so I feel a bit uneasy.

It is said that anxiety when not working is an early symptom of workaholics. I don’t know if this will make me like Hyunjoo noona.

Anyway, I had nothing to do right away, so I quit my job and lay down on the sofa and searched for articles on my cell phone. Then, suddenly, he texted Yuri.

There was no other reason.

I was sorry for deceiving you all this time, and I was also curious about the school situation.

Then Yuri immediately called, and somehow, an appointment was made to meet at seven o’clock in the evening.

“… … Huh?”

* * *

In the parking lot of the building stood a Porsche Panamera, a BMW i8, a Mercedes S-Class and a McLaren 570s Spyder.

McLaren was recently selected as a corporate lease by Sangyeop senior. He said he wanted to try other cars besides the S-Class, so he said yes.

If you work hard in the meantime, you should live doing what you want to do.

Instead of driving a Porsche, I talked to senior Sangyeop and drove the S-Class. The ride is quiet and smooth.

That’s why bosses seem to prefer large sedans.

Since the automaker has been acquired, will the next car be a new car released by Karos?

It should sell well.

Although the road is a bit clogged, it is easy to get to Cheongdam-dong.

I parked my car in a nearby public parking lot and walked in front of the gallery department store.

All of a sudden, the atmosphere of Christmas and New Years was in full swing. There were trees and decorations everywhere, and light bulbs wrapped around the trees lit up colorful lights.

Perhaps there was an unusual weather, the weather was so cold that it was bittersweet. Perhaps because of the cold weather, lovers walking on the streets wore long paddings that reached below the knee.

The same was true of the students who followed. And office workers wear long padding over their suits… … .

“… … .”

Come on, wait. what is this?

At one point, the street was full of people in long padding. From a distance, it looks like gimbap walking around.

The black one is the original kimbap, the white one is the nude kimbap… … .

It was even more difficult to find people who didn’t wear long padding than those who wore long padding.

When did this start to become popular?

Somehow I feel like I’m behind. Should I go to the department store and buy one right now?

As I was thinking about it, I heard a welcome voice from behind.

“Elder!”

When I turned my head, I saw the figure of Yuri.

She tied her long blonde hair into one, wearing a black H-line skirt and a blue velvet shirt. She wore black stockings on her exposed legs under a short skirt and low-heeled loafers underneath.

She wore a light gray fur coat that looked fuzzy, and a red scarf wrapped around her exposed neck.

Fortunately, he’s not in long padding. I feel reassured somehow.

Yuri was happy to see me.

“It’s been a while, old man.”

“How are you?”

“of course. I listen intently to senior news through news and articles. But is it okay for the CEO to walk around alone like this?”

“How are you? Sometimes Vice Chairman Im Jin-yong also goes to the concert by himself.”

People are surprisingly not interested in other people.

Unless you’re a famous celebrity, there’s not much to see around you.

“But what about those glasses? Are your eyes bad?”(Read more @ wuxiax.com)

I put on my black horn-rimmed glasses before getting out of the car.

I said shyly.

“Well, just for camouflage.”

Yuri asked playfully.

“Are you a celebrity?”

“… … Not that.”

After the press conference, it was noisy for a while. My photos and articles were covered on portal sites, and people who knew me or didn’t know me were talking about me.

However, popularity is only momentary.

After that, other issues popped up one after another, and articles about me and OTK Company were naturally buried.

I don’t expose my face as often as celebrities, and I don’t have any great features on my face.

Wearing glasses and changing your hairstyle a little bit will not recognize most of you.

Of course, if you’re close, you’ll find out quickly, but if not, what’s the point of knowing whether the person in front of you is a celebrity or a CEO?

Come to think of it, is it a bit overkill to even wear glasses?

I turned the topic to the other side.

“The coat suits you well.”

“Hehe, I bought it at a store with Jihye and Uniqlo recently.”

“Do you sell fur coats there?”

“This is faux fur. Real fur is so pitiful for animals.”

As we were talking while standing in the street, I saw several men nearby looking at me.

maybe you recognized me

With that in mind, I was about to bow my head, but it turned out that I was looking at Yuri.

Anyone who sees it would think he had a real celebrity disease.

Not only them, but Gina also glanced around and turned their heads. That’s because Yuri’s appearance drew attention.

She looked much more radiant than she usually did at school with makeup on.