Becoming a Russian Oligarch After Rebirth
Chapter 1351 - 1075: Big Shark Hedging Fund_2

Chapter 1351: Chapter 1075: Big Shark Hedging Fund_2

Wang Ye estimated that the United States didn’t have the leisure to investigate these matters; after all, all his investments were legal and compliant. Moreover, it wasn’t just his fund engaging in such activities—there were plenty of hedge funds on the US financial market, and it was common practice for everyone to make bets, with wins and losses, and no one had ever interfered because that was simply the game of the US financial market.

In the end, Wang Ye made the final decision, "That’s settled then. Everyone go back and prepare the funds. In about a month’s time, transfer the money into the new fund’s account.

I’m naming this fund the Big Shark Hedging Fund!"

There was already the Polar Bear Investment, and now there was the Big Shark Fund. The name Wang Ye chose implied that this fund would be as massive and ferocious as a shark in the sea!

...

Half a month after the meeting, Constantin called Wang Ye, indicating that he had contacted the British Royal Family, Dutch Royal Family, Norwegian Royal Family, Danish Royal Family, Liechtenstein, Luxembourg, Belgium, Sweden, and Monaco—a total of ten royal households—and they all unanimously agreed to contribute to the fund.

Now, Old Europe only had these so-called royal families left, and the relatively wealthier ones were the British Royal Family and the Luxembourg Royal Family. The rest of the royal families were "poor" in comparison!

The reason for the quotation marks around "poor" was to indicate that they were not truly impoverished but considered poor compared to tycoons like Wang Ye, Khodorkovsky, and A Bu. In contrast to ordinary people, they were absolutely wealthy!

For instance, in establishing this hedge fund, Wang Ye casually put forth twenty billion US dollars, and people like Khodorkovsky also pledged ten billion each. As for these so-called royal families, Constantin reported that they had scraped together a mere ten billion US dollars in total...

It was a potpourri of funds, as if they had to sell everything but the kitchen sink to come up with that amount, but they had tried their best!

Initially, Wang Ye didn’t expect the royal families to be able to contribute much. Bringing them along was more a matter of going with the flow and doing them a favor. Frankly, him managing to gather ten billion US dollars from them had already exceeded his expectations.

With this, the total capital of the fund had reached nine hundred billion US dollars, approaching the maximum limit Wang Ye had anticipated.

However, Wang Ye felt there was one more person, or rather one more faction, that he needed to ask if they were interested in joining.

Everyone was on good terms; if he prospered this time and brought many people into wealth without including "them," it would be somewhat awkward...

...

It was still in a private room at the Turandot Restaurant where Wang Ye and Gavriil enjoyed their meal and conversation cheerfully.

"By the way, I’m about to start a hedge fund, eyeing an opportunity to make a fortune.

The fund has a two-year term, and the cap on capital is one hundred billion US dollars. I’ve already gathered ninety billion, with only ten billion left in capacity.

Furthermore, I personally will underwrite the risk of this fund, guaranteeing all investors at least a 50% return. For profits over 100%, I’ll take a half cut...

I was wondering if you might be interested?"

During the meal, Wang Ye casually mentioned the establishment of the fund.

Gavriil, who was eating, suddenly stopped with his knife and fork hanging in mid-air for a long moment.

Although his facial expression remained normal, he was clearly quite shocked inside.

Wang Ye’s fund was being set up privately, and with a professional team operating it from abroad. Moreover, given his current status, it was virtually impossible for either the Kremlin or any department to monitor or interfere with his personal activities.

After all, if Wang Ye discovered they were prying, it would be embarrassing for all parties involved, and it could even lead to a political crisis!

Therefore, Gavriil wasn’t very clear about many of Wang Ye’s private matters from the past two years, including the establishment of this fund. If Wang Ye had not spoken to him personally, he probably wouldn’t have known.

A few seconds later, Gavriil returned to normal, set down his knife and fork, and looked at Wang Ye with a smile:

"One hundred billion? US dollars?!

What exactly is your fund going to invest in that you’re putting together such a big venture!"

Indeed, even for someone like Gavriil, who was accustomed to grand scenes from his high position, one hundred billion US dollars was a vast sum!

Remember, the entire national finance budget for Russia was only so much each year...

Now that Wang Ye was talking about setting up a fund with a capital of one hundred billion US dollars, how could Gavriil not be surprised?

Even more so, the information revealed by Wang Ye just now indicates that Wang Ye has great confidence in the profitability of the fund!

Otherwise, he wouldn’t dare mention risk underwriting, after all, that would have to guarantee a 50% profit; 50% of one hundred billion US dollars is fifty billion US dollars.

Even someone as wealthy as Wang Ye, having to actually come up with fifty billion US dollars would surely be a major blow, severely draining his energy!

Wang Ye simply smiled faintly and offered Gavriil a brief explanation without going into too much detail.

This was because the "speculative action" needed to remain somewhat covert; it couldn’t become common knowledge that stirred up a storm—such visibility could easily lead to complications.

He had informed Gavriil of the matter, and whether to believe it or not was up to "him".

If Gavriil chose to believe in Wang Ye, then he should put the money forward, and Wang Ye wouldn’t mind making a fortune together with the Kremlin.

Should Gavriil not believe him and worry about the money being wasted, then Wang Ye wouldn’t miss their money—his own funds were already more than sufficient.

As expected, Gavriil was indecisive; he simply told Wang Ye that he would "consider" it and give an answer tomorrow.

What he had to consider, both understood well, but left unsaid.

...

The next morning, as soon as Wang Ye arrived at the Duma Office, he received a call from Gavriil.

He said that he had considered it thoroughly and would provide ten billion US dollars for Wang Ye to manage.

As for which people contributed to this ten billion US dollars and how they managed to gather such an amount, that wasn’t something Wang Ye needed to worry about, and he wouldn’t inquire.

At this point, the Big Shark Hedging Fund had officially completed fundraising, with a total of one hundred billion US dollars in capital!

Of this, the Industrial fund controlled by Yelena contributed thirty billion US dollars, Wang Ye personally contributed twenty billion, Khodorkovsky ten billion, A Bu ten billion, the Romanov family ten billion, the Top Ten Royal Families of Europe united to contribute ten billion, and Gavriil (the Kremlin) ten billion!

The offshore hedge fund had already been registered abroad, and the capital from all parties was ready to be progressively injected.

On Wang Ye’s end, he approached Citibank in the United States and pledged his Polar Bear Company’s shares in Google and Amazon, securing a loan of twenty billion US dollars without needing to touch his shares in Apple, and the interest rates on the loan were not high...

With the capital prepared and the professional team in place, Wang Ye laid out only the investment direction and scope; he did not interfere with the specific operations.

Leaving professional tasks to the professionals was his consistent principle.

...

Having handled the hedge fund matters, time had moved into March.

Since the new product launch on January 9th, and the official sale in the North American region on January 10th, Apple’s new phone had been on sale for two months by now.

During these two months, Apple’s new phone had frequently been a hot topic online.

Those who loved it were utterly fascinated, believing it to be the best phone in the world, truly as Boss Qiao had said, "Apple reinvented the phone"!

Various performances and advanced technology, not to mention the exceptional user experience, undoubtedly surpassed the traditional phone brands.

However, there were also many who didn’t like the Apple phone, citing issues such as the short battery life and poor signal as major points of criticism.

For those accustomed to traditional phones, having to charge the new Apple phone every day was hard to adjust to—their longstanding impression was that phones should last several days on a single charge...

But regardless of how intense the debate was, the sales data didn’t lie.

In just two months, the Apple phone had met the sales target initially planned for one year.

One million units!