hollywood billionaire

Chapter 22 Parkway Capital
After eating lunch until three o'clock in the afternoon, and drinking two cups of tea in the sunshine, it was time for Xu Yiru to leave.

EVA Air's BR011 direct flight from Los Angeles to Taipei will take off at 00:05 the next morning and arrive at Taoyuan Airport after a flight of 14 hours and 40 minutes.Most international passengers across the Pacific like to choose this kind of flight that flies at night and arrives during the day, which can help them adapt to the time difference on the other side of the ocean at the fastest speed.

It stands to reason that Xu Yiru can leave at [-] o'clock in the evening, even if he is stuck on the road for an hour, there is still plenty of time before boarding the plane.However, the two sides of the strait belong to the same family, and the family culture is the same. It would be an anecdote if someone came back from abroad without a gift, or without a relative asking him to help him buy something.

Xu Yiru really wanted to stay in Bel-Air for a while longer, but the long shopping list in her hands was hotter than a time bomb.She can only choose to leave at 04:30, hoping to avoid the turbulent crowds of spring break travel.

Almost every vacation, she would go home, as long as she was still in Los Angeles, Han Yi would offer to take her to the airport every time, but Xu Yiru never really let him walk in front of the Tom Bradley International Terminal .

Xu Yiru is a person who is afraid of bothering her friends. She would rather wait for a late taxi under the scorching sun with a few large suitcases of luggage than let Han Yi, who has nothing to do, give her a ride.

Her mother taught her since she was a child that girls must not owe favors when they go out, because no one will give favors in vain.The favors you receive will always be repaid in unexpected ways.

But today, for the first time, Xu Yiru actually opened his mouth on his own initiative.

"It's hard to get a taxi here, give me a ride, Yiyi."

When the two of them drove the P1 out of West Sunset Boulevard and turned left into the I-405 highway leading to the airport, it was already [-]:[-] in the afternoon. Not only the students who were on the spring break, but also the professionals who got off work gradually joined in this observation. Less than the end of the Che River.

Heading into Culver City's Westpark shopping center, the McLaren went from moving to squirming.However, Han Yi found that driving this super sports car on the road, even if there is a lot of traffic, the surrounding space is obviously much larger than when driving the Maverick.

After all, on this highway, it is estimated that no one bought insurance enough to cover this car.

It took an hour and 10 minutes to get to LAX, but Xu Yiru didn't feel tired at all. She chirped like a bird along the way, and she wanted to bring Mingyuetang wagashi to Han Yi for a while, and for Han Yi to remember to go New York committed to her Dean & Deluca.

Before getting off the car, Xu Yiru took out a book from his backpack and handed it to Han Yi.

"Here, thank you for lending me that book."

Han Yi took the book and glanced at it casually.An English novel, Confessions by Colleen Hoover.

"I can't read novels, and it's not like you don't know about them." Han Yi scratched his head and laughed dumbly, "Especially this kind of love novels."

"Must read it! It's very well written!" Xu Yiru stared, sending the threatening message.With the help of Han Yi, she took out a small white RIMOWA suitcase from the hood of the P1. Fortunately, she only went back for seven days this time, and there were not many things to bring.

"Okay, let's go back! Thank you!"

Walking to the gate of the Tom Bradley International Terminal, Xu Yiru turned around and smiled like a flower.

"See you in a week!"

"Remember to tell me when you get to the lounge." Han Yi waved at her, "Don't forget what I asked you to bring!"

"En! I'll send you a message." Xu Yiru shook the phone, "It's all in there, don't worry!"

Back in the car, Han Yi breathed a sigh of relief, and carefully placed the "Confession" along the back of the passenger seat, not intending to open it for the time being.Not only is it because the roundabout on the second floor can only temporarily stop for 10 minutes, but there is another important thing in his heart.

The $3950 million purchase price of the property has been allocated to the developers of 864 Stella Della Road, Jonathan Adler and Joe Ingranov, and the $132 million settlement fee has also been paid.At this time, there was still US$11835424.47 left in Han Yi's Chase private bank account.

The last transfer message was sent to Han Yi's mobile phone by text message at 15:26 this afternoon.And now it was 18:34, not only was there no movement in the text message, there was not even a new text in the memo.

Didn't this consumption generate any positive feedback?
Not so?

It seemed that they had heard Han Yi's inner thoughts, and in the next second, their new information appeared in the opened memo interface.

[In the presence of others, we will delay the distribution of rewards to avoid unnecessary misunderstandings. 】

[Han Yi, congratulations on completing the first tens of millions of dollars in your new life.If a person finds his true self, he has a mansion where he can live with dignity all his life.I hope these words of James Michener can inspire you, and I hope that No. 864 Stella Della Road can become your forward base and help you build a mansion for your career as soon as possible. 】

[Through humble learning and keen thinking, you have discovered the driving role of private equity funds.It will play an integral role in your career planning.This time the gift will be distributed in the form of private equity funds. 】

[After 1 minute, you will receive a call from Parkway Capital, keep it calm and agree to his request to meet, more information will be revealed during your meeting. 】

[Remember, the funds rewarded by the private equity fund channel can only be used for investment related to business planning.Unauthorized use for other purposes will result in the deduction of all rewards so far, and the excess of the existing amount will appear in the form of liabilities. 】

[Rewards for business investment will be calculated based on the double standards of personal emotional feedback and return on investment value.A total failure of an investment, even if it makes you happy, will eventually reward you for nothing, and even punish you. 】

[Personal emotional feedback will be calculated and rewarded in real time after the investment is completed.The return on investment value will be continuously accumulated or deducted based on the financial quarterly report date of the investment target in the real world as the settlement date. 】

[Good luck, Han Yi, and enjoy the fun of investing. 】

[Three, two, one. 】

"Don't Stop Believin'..."

"Hold on to the Feeling!"

"Hello."

"Hello, Mr. Han. I'm Douglas Le Pen, Senior Managing Director of Parkway Capital. I hope you had a pleasant afternoon."

"I wish you a good afternoon too, Mr. Le Pen."

"Do you have time tomorrow morning? If it is convenient, I hope to bring some colleagues to visit you..."

"Mainly to discuss with you, your investment of 1.4 million US dollars that is about to expire."

Oh,

MY,

GOD.

The emotions of surprise and surprise echoed in Han Yi's heart all night like a drum beating in a secret room.Even though Sophia thoughtfully offered him a cup of latte to refresh him, Han Yi, who had only slept for more than two hours, still had exhaustion in his eyes.

"I hope we didn't bother you too much, Mr. Han."

Putting down the double espresso in his hand, sitting on the black Fendi sofa in the Stella Della 864 lounge area, Douglas Le Pen observed Han Yi's state and said with a smile.

"Fantastic evening?"

"The night of insomnia." The body yawned uncontrollably, Han Yi shook his head and laughed, "I think no matter how soft the mattress is, there will be a painful break-in period."

"Ah, yes, I never got used to my bed in that apartment in New York. It was disinfected every month, but it still slept like it was full of bed bugs."

After just the right greetings, Douglas Le Pen quickly got to the point.

"Mr. Han, please allow me to introduce to you the colleagues who came with me today, Vincent Di and Kanyong Liu. The two managing directors of Parkway Capital California."

Good guy, this is playing the national card.

Han Yi complained in his heart, but maintained a polite smile on the surface, and nodded slightly to the two compatriots.

"First of all, on behalf of Vincent, Kanyon and all colleagues at Park Capital, I would like to thank you and your family for your trust and loyalty to us."

"Since the first cooperation in 2006, up to now, we have selected six high-quality private equity fund projects for you, and the total assets you entrusted to manage by Parkway have reached 3.4 million US dollars."

2006 years?
$3.4 billion?
How much money did they bury, and how long ago did they bury it?

Han Yi changed his sitting position, put his right hand on the armrest, and tapped lightly to ease the shock in his heart. He almost couldn't control his expression just now.

1.4 million US dollars is about to expire, and this should be the special incentive issued for investment. If the consumption of 3950 million US dollars is converted, it should be almost 3.5 times the return.

Of course, because this money can only be used as investment, and the evaluation criteria are more stringent, the actual value is definitely not as good as the cash that can be used at will.

In addition, the 2 million US dollars still invested within the agreed time limit, does it mean that if the investment is appropriate, he will also unlock this money as the next business fund?

If you want to make a bold guess, if the company you invest in can be successfully managed, can the US$2 million be just a starting point?
In just half a day, Han Yi, who was still worried that the 4082 million house purchase money would be wasted, saw his total net worth soar to 5.25 million US dollars.

So exciting!
Of course, the 1.4 million US dollars has not yet been settled, and the 2 million US dollars is a castle in the air in the foreseeable future. Han Yi must make some achievements in his own planned career in order to truly grasp this new increase. wealth.

Currently, he has only $1183.5 million in free cash left.

Thinking of this, Han Yi forced himself to cheer up and listen carefully to Douglas Le Pen's speech.

"On April 2006, 4, we opened a FoF with a goal of raising US$15 million, Parkway Private Equity No. 4 Investor Fund, registered in Irvine. The US$3 million raised in the first phase included the following 1.91 million U.S. dollars invested in your personal name. The second and final fundraising ended on May 8383.2, 2007, and another 5 million U.S. dollars of funds were absorbed, and the goal was successfully completed.

“根据3号投资者基金的募资说明书，该基金的投资周期为6年，退出周期为4-6年。2006年首批投资者的退出周期基本上都是4年，包括您的这笔投资也是。”

"Therefore, on April 4th of this year, we will pay you the full investment amount as scheduled, including the investment income generated within 15 years. Mr. Han, the total investment income of the No. 10 investor fund is 3%, which also means that you $67 million in cash next month."

"We attach great importance to a valuable customer like you, and hope that Parkway Capital can continue to bring you outstanding value across eras and cycles like the No. 3 Investor Fund." Douglas Le Pen's voice just fell, responsible for the front-end Vincent Dee, who works at fundraising, took up the conversation.

"This year we are recruiting the last batch of investors for Investor Fund No. 8, and we would like to invite you to continue to be a member of Parkway Capital's most exclusive customized financial plan..."

Listening quietly to Vincent's description of Investor Fund No. 8, Han Yi recalled in his mind the information collected last night about Parkway Capital and Investor Fund No. 3.

Park Capital, founded by Douglas Le Pen and two partners, James Reinhardt and Karen Jacoby, in 1991 in the rapidly developing Irvine area.Today, this capital management company has become one of the largest private equity fund managers on the west coast. It has four branches in Irvine, Hong Kong, London and Providence, Rhode Island. The total amount of funds under its management has reached $850 billion.

Parkway Private Equity No. 3 Investor Fund is a FoF project regularly launched by Parkway Capital. FoF, or Fund of Funds, refers to the type of fund that specializes in investing in other private equity funds.Such funds will not select high-quality projects in the primary market, but choose to invest in other private equity funds with better performance.

According to the information that Han Yi was able to collect, Investor Fund No. 3 has a total of 14 investors. Because of the special nature of private equity funds, the identities of these 14 investors, including Han Yi himself, do not need to be disclosed to the public.However, according to the information on Parkway Capital’s own official website, the investors of the No. 3 investor fund include government pensions, group pensions, insurance companies and donated funds received by universities.

It is not difficult to guess that Han Yi should be one of the few individual investors in the private equity fund, and judging by the amount of investment, he should also be the largest individual investor.

So it's no surprise that Douglas Le Pen would pay a visit in person.Han Yi originally had assets of 3.4 million US dollars in Baihui Capital, accounting for 0.4% of the total assets under management. Individual customers of this level naturally need to be carefully maintained.

In addition, whether it is a pension plan or an insurance company, the cooperation with Parkway Capital has a long-term cooperation agreement, and some cooperation plans even last for 35 years.After all, what these stable public capitals need most is a stable source of income to support the effective operation of their welfare system.

Most of the owners of the No. 3 Investor Fund, after earning income, except for retaining a part for operation and consumer repayment, the remaining funds will continue to invest in other projects of Parkway Capital.

After all, the return of 10% in 67 years can not only meet the needs of end customers, but also allow these public capitals to earn a fortune.

Therefore, Han Yi became the only variable in investor fund No. 3.

"Mr Di, Mr Le Pen."

Thinking of this, Han Yi interrupted Vincent's introduction.

"I understand that Parkway Capital has joint investment projects, right?"

"Yes, Mr. Han." Vincent narrowed his eyes slightly, nodded with a smile, and could not see anything abnormal on the surface.

Another uneducated trust fund babe wasting his parents' money.

Parkway Capital is engaged in private equity funds, private equity loans, and infrastructure investment.Regardless of whether it is the primary market, the secondary market, or even direct credit, they are involved.Of course, Parkway Capital will also use the funds in its hands as leverage to mobilize idle funds in the investment market and carry out a series of joint investment plans.

So far, Parkway Capital has completed more than 240 joint investment projects. Every year, Parkway Capital has a special fund of 20 billion US dollars for the joint investment sector.

"What's your idea, Mr. Han?" Douglas Le Pen spread his hands kindly, "We'd love to hear about your plan."

"I want to enter the entertainment industry, Mr. Le Pen." Han Yi went straight to the point, "The 3.4 million US dollars in Parkway Capital is not my entire fund, and my family hopes to use us in the next few years. The income from various long-term investment projects has quickly become an emerging force."

"The first step in our plan is to acquire or partially acquire a performing arts agency as a starting point to enter this field."

Han Yi took the prepared materials from Corey and handed them to Douglas Le Pen.

"United Artists Agency, UTA."

"My number one goal."

(End of this chapter)