Chapter 347 KY Investment Fund
The signing of the next day was held in the morning. Under the witness of two lawyers from Baker McKinsey Law Firm, Henry Williams and David Anderson became CEOs and CIOs of KEY-YOUNG Investment Fund.
KEY-YOUNG Investment Fund is one of the seven offshore companies registered by Yang Jing in the Cayman Islands. Now Yang Jing has decided to take out the offshore company and put it in the forefront. As for the shareholders of KEY-YOUNG Investment Fund, there are the remaining six offshore companies, and as for the ultimate controlling shareholder, it is the Evil Dragon Fund.
KEY-YOUNG investment fund is referred to as KY Fund. Because it is a private fund, all its financial information and shareholder information are kept confidential to the outside world. Outsiders have no right to inquire about the KY Fund, and can only know the basic situation of this investment fund registered in the Cayman Islands.
After becoming the first employees and executives of KY Fund, Henry Williams and David Anderson began to establish the personnel structure of KY Fund.
As for Yang Jing, he began to interview senior accountants who were invited from major accountants.
At present, the world's accounting firms are not the famous "Four Big" accounting firms in later generations. In 1986, the "Eight" accounting firms dominated the world.
Now these "eight majors" have not merged with each other to form the "four majors" pattern of later generations. Now the global accounting market is controlled by the eight accounting companies headed by Andersen.
In addition to Ernst Whini, Yang Jing also included Anderson Ping, the world's largest accounting company.
Ernst Whini is Mike Allele's old boss. Mike Allele has become a shareholder of Dragon Fund. Naturally, Yang Jing cannot hand over the fund's CFO (Chief Financial Officer) to the accountant who came out of Ernst Whini Accounting Company.
As for Anderson, although this accounting company is currently the largest accounting company in the world, and even after the merger of KPMG, Deloitte and Ernst & Young, it will not be as large as Anderson, Yang Jing really doesn't want to use this accounting company.
As an accounting company, reputation is absolutely first. It is fair and just. It does not hide from shareholders and cannot make false accounts. This is a bottom line that cannot be touched. Although Anderson is the largest accounting company in the world, this accounting company has unshirkable responsibilities in the notorious Enron incident in 2001, and has broken through all the bottom lines that all accounting companies cannot touch one by one.
How could Yang Jing, such an accounting company be used?
Others don’t know, but Yang Jing knows it. If Anderson hadn’t helped Anran with fake accounts, how could this super company, ranked seventh among the top 500 companies in the United States, declared bankruptcy? How could it have cheated so many people?
The infamous Enron incident also completely destroyed Andarson's reputation!
Yang Jing didn't want to give himself eye pills, so finding a CFO would help others cheat him. Since Anderson had such a "criminal record", Yang Jing would never use this accounting company's people.
In two days, Yang Jing recruited three senior accountants from the remaining six accounting companies, including Amanda Pitrus from Privat Accounting Company, becoming the chief financial officer of Dragon Fund and the first woman among Dragon Fund executives.
The other two financial directors are from two senior accountants at Deloit Halkins Sails Accounting Company and Carrier Accounting Company.
The former is the predecessor of Deloitte, while the latter merged with PwC to become PwC.
Although Amanda Pitrus is a woman, she is well-known for being fair and highly principled in the industry. She is a senior partner of Privat Accounting Company. In order to poach this strong woman, Yang Jing not only offered an annual salary of $1.5 million, but also directly offered 1% of the shares of the Dragon Fund.
At first, Amanda Pitrus was not willing to come to the unknown Dragon Fund. However, after seeing the financial certificate provided by Yang Jing, even the strong woman couldn't help but waver.
1% of shares seems to be not much, but under a huge base, it represents a wealth of up to 120 million US dollars! Although Amanda Pitrus is a senior partner of Puhua, the money she earns in a year is only a few million US dollars. The 1% shares provided by the Dragon Fund are enough for her to work for twenty years.
Not to mention that the Dragon Fund sincerely offered an annual salary of up to 1.5 million US dollars, which is twice her current annual salary!
The most important thing is that after the interview with the big boss Cole Smith, Amanda Pitrus was completely impressed. Although the prospects of Privat Accounting Company are also good, it cannot be compared with an investment fund with extremely powerful power in any case! They made a profit of up to 10 billion US dollars after just two investment actions, which is enough for the current Privat Accounting Company to work for ten years.
In this way, Amanda Pitrus became the third signed executive of KY Investment Fund.
When Mike Aller saw Amanda Pitrus also became the chief financial officer of KY Investment Fund, his eyes almost glared, and he was amazed at the boss's cleverness and could actually poach this recognized strong woman in the industry.
As a former colleague, Mike Aller knew Amanda Pitrus' ability. It's no exaggeration to say that Mike Allerg's position in the industry was not even worthy of Amanda Pitrus's shoes. He is a well-known figure in the industry, and he is not as good as an accountant like Mike Allerg who was sent to the Cayman Islands as a branch manager.
The office location of KY Investment Fund is set up in a 58-storey office building on Wall Street. In 1986, the price of real estate in New York was not as high as 20 years later, so Yang Jing directly bought the 57th and 58th floors of the office building for $27 million. From now on, this will be the base camp of KY Investment Fund.
It is very suitable to buy this floor at this price. If it is placed in twenty years, the price of this floor will at least double!
When Cesar Cook led his team here, he was also shocked by the office space of KY Fund.
"Boss, we will work here from now on?" Cesar asked excitedly, looking at the view outside the window.
"Of course, if you five are willing to stay, I can arrange a few separate offices for you here."
Hearing this, the beautiful Emily smiled and said, "Boss, let's stay here in the future! I have been running around in the past few years, and I am a little tired. How beautiful it would be if I could work in such a good place."
Emily's husband Hank Close also nodded and said, "Boss, this opportunity given by the boss is very rare! A few days ago, weren't you talking about continuing to serve the boss? Now that the boss has sent the opportunity to you, why are you hesitating again?"
Albert, a man in glasses, also said: "Boss, since we ended the US dollar and yen investment operations at the end of last year, there has been no big moves. Now that the boss has brought us together again, there must be big moves."
After a pause, Albert looked at Yang Jing with expectation and asked, "Boss, are I guessing accurate?"
Yang Jing smiled and nodded and said, "Albert is right. There is a big move in my plan this year, but it is still too early. If you are willing to stay, you can get familiar with the operating methods of the financial elites on Wall Street here during this period. At the same time, the New York stock market is in good condition this year. You can try to be short-term bulls, but it is best not to go beyond the end of September."
Hearing Yang Jing's affirmation, Cesar Cook nodded and said, "Boss, since you invited us so kindly, if I don't agree, these guys will probably drive me off the stage. Boss, let's join!"
"Okay! Since you have joined, I will definitely not let you down. I can tell you with certainty that after September this year, I will plan an investment action. Well, it is for the US stock market. However, the specific situation depends on the specific situation. I can tell you with certainty that this investment action is absolutely indispensable."
Cesar said: "Boss, with your words, we will give them to you completely."
Afterwards, Yang Jing arranged several separate offices for Cesar and the others. Unlike ordinary staff who work on the 57th floor, their offices are all located on the 58th floor.
After handling Cesar and the others' affairs, Yang Jing came to David Anderson's office casually.
Seeing that the boss was coming, David Anderson, who was busy with things, immediately put down the work at hand.
"Boss, what's the point of visiting you?" Yang Jing didn't expect that David Anderson actually said this in Chinese.
"Do you understand Chinese?" Yang Jing asked in surprise.
"Understand a little bit." David Anderson said with a smile, "In fact, I have one-eighth of Chinese descent. My grandmother is a Chinese. When I was very young, my grandmother taught me a lot of Chinese. But now I have forgotten it almost, and I can only say a few words occasionally."
This is quite rare. Yang Jing originally thought that David Anderson only had black blood, but he didn't expect that he had a Chinese grandmother.
After talking for a while, Yang Jing mentioned the serious matter.
"David, I would like to ask you what you think of some American companies at present. Which American companies should we acquire?"
Yang Jing's question covers a lot and is not easy to answer. However, David Anderson once became the Minister of Investment Department of AXA, and this question is definitely not difficult for him.
"Boss, if you want to answer your question, let's not sleep tonight. Under the current situation, there are many American companies worth investing in. Here I will choose a few representative companies to talk about my opinion."
Chapter completed!