Chapter 205: Half Step to Ten Billion

Words : 1651 Updated : Sep 23rd, 2025

"2.245 billion dollars?" "All the earnings taken out for distribution?" The entire room erupted into murmurs, everyone exchanging glances. Although everyone expected a substantial amount of money to be distributed, no one anticipated that Lu Liang would choose to distribute all the earnings. The investors of Fund II had personally experienced what the investors of Fund I felt during last year's distribution. Taking Fund II as an example, with each share being twenty million dollars, even after deducting a 20% management fee, the dividends amounted to 32.6545 million dollars each. In just six months, the enormous asset management scale of one billion dollars achieved a return rate of 226.545%. No wonder Wen Chao looked so proud, boasting that their company's profit cycle rate was unmatched globally. The investors from Fund I felt envious, but that was all, as this was already their second distribution. Originally a twenty million dollar share, the first distribution yielded 5.728 million dollars, and now another 3.2654 million dollars. In nine months, with two distributions totaling 8.9934 million dollars, the return rate reached a frightening 349.67%, and their principal was still intact. If there was any dissatisfaction, it was probably the resentment of not being formidable enough to earn Lu Liang's favor. Like Guo Changguang and Yu Shirong, they had managed to secure two authorized contracts just like Wang Xiaocong and Meng Changkun. For Little Wang and Old Meng, partners of Lu Liang, receiving authorized contracts for two funds was not surprising. But Guo Changguang and Yu Shirong also managed to do so, clearly indicating that Lu Liang had flexible eligibility criteria for subscription. The notion that if you subscribe to Fund I, you shouldn't subscribe to Fund II to give others a chance, was all bullshit. Ultimately, it boiled down to not enough capability; they lacked what was necessary for Lu Liang to make flexible decisions. At that moment, Lu Liang also had two authorized contracts, not just as the fund manager but also as an investor. Subscribed to sixteen shares in Fund I, earning dividends of 52.2464 million dollars, and five shares in Fund II, earning dividends of 163.2 million dollars. A total of 215.4 million dollars in dividends. If one considered the sixty percent management fee of approximately 24.4909 million dollars for Fund I, and the eighty percent fee of about 326.5 million dollars for Fund II, After today, Lu Liang's liquid assets would amount to 566.3 million dollars, equivalent to 3.624 billion RMB. Clearly, he wasn't the only one who realized this. His seatmates, Little Wang and Old Meng, were also aware. If you added the capital in the funds and Lu Liang's haphazardly invested industries, his net worth was nearing five billion. Just short of ten billion. Little Wang genuinely envied this. Taking Shen Peng as an example, he became the founding and executive partner of Redwood China in 2005. After 11 years, he only amassed a fortune of 13.2 billion; Golden Sand River's Zhu Hu had even less, at 6.2 billion. It wasn't that Zhu Hu was much worse than Shen Peng, but rather that before taking over Redwood, Shen Peng was a founder of Ctrip and Home Inn. However, their current role as fund managers meant they managed wealth, and consequently, they could mobilize even more funds. Redwood took 11 years, Golden Sand River nine years, but Lu Liang had matched them in just one year. Wang Xiaocong sighed, wearing a sorrowful expression, and the playful nickname Little Wang might follow him for a lifetime. Moreover, it was highly likely that soon others would intensely envy him, as not everyone was privileged enough to be affectionately called "Little Wang" by Lu Liang. Thinking about this made him feel even worse, considering he was the son of a billionaire, a national husband, and an integrity officer in the entertainment industry. When had he ever needed to envy anyone? Meng Changkun put away his complicated expression and silently signed his name on the two authorization contracts. Not a day went by that he didn't regret his initial decision, but if given the chance, he would do it all over again. Over the years, he had accrued too many debts of gratitude, some of which might take a lifetime to repay. Lu Liang, composed as ever, sipped his steaming tea until the last person in the meeting room stopped writing. He had Wen Chao gather the contracts and approached the podium, "Ladies and gentlemen, I believe you are quite satisfied with these returns." Everyone exhibited a friendly smile. Receiving the principal back on the first dividend distribution was already satisfying. If they weren't content, nothing would satisfy them. "This gathering was organized not only for distributing dividends but also to discuss preparations for Fund Three." Fund Three wasn't as wild as everyone imagined; it wasn't a one-time capital raise of ten billion dollars but rather five billion dollars. However, many changes were made in the details such as the period and the management fee which were either extended or increased. As soon as these words were spoken, the brows of those present furrowed, expressions varied, and chatter ensued. One year turned to three years. If there was a 100% profit, profit sharing would occur at least once a year. Sёarch* The Nôvel(F)ire.ηet website on Google to access chapters of novels early and in the highest quality. They had no objections to this change; in fact, they were quite pleased, as it indicated that Lu Liang had altered his investment strategy. He would now focus on medium-to-long-term investment projects and reduce short-term speculative activities. A proverb says, "Often near the river, one's shoes are bound to get wet." This decision was undoubtedly wise, and it reassured the investors of Fund One. They didn't have to worry about being excluded due to insufficient capabilities based on Lu Liang's flexible standards. The point that caught everyone's attention was the increase in management fees, from an initial 2+20 to 5+25. Fund Three, with its five billion-dollar asset scale, was still divided into 50 parts, each amounting to one hundred million dollars. Although it seemed a lot, when Lu Liang launched a new fund and established a new company, they did the same. One hundred million dollars is a lot, but when broken into five or ten parts, it becomes significantly less. Those who obtained subscription shares could use this opportunity to make more friends. For instance, by paying for subscriptions themselves, they could give some distant relatives a share of the profit distribution. When Lu Liang later distributed profits to them, they would distribute it further to those individuals, thereby broadening their network. This would create a pyramid effect, with Lu Liang at the apex, dividing it into fifty parts, which then subdivided into five hundred shares, forming a large interest group. However, 5+25 was somewhat excessive. Taking out five million dollars as an entry fee per share, they had no objections, considering it a reasonable amount for a three-year period. The key issue was the 25% profit management fee. If, in the future, profits were 100%, they should have received 80 million dollars, but now only 75 million was left. That's a loss of five million more and a rounded up loss of ten million, calculated in dollars—or about 64 million RMB, rounded, is approximately one hundred million. Murmurs of dissatisfaction rang around, but Lu Liang smiled and stayed silent. Accepting 5 and 25 was just a matter of time. Li Zhikai, deep in thought and discussing with his friends, was the first to stand up and state, "Mr. Lu, our three companies can accept it. We hope to subscribe for ten shares." The previous generation of Hong Kong Capital was rather arrogant, which made it difficult for the current generation to integrate into the mainland circle. Although Lu Liang did not explicitly say, his attitude was clear— subscriptions for Fund Three would be preferably selected from Fund One and Two. Now it was their time to express support. If they hesitated, there might not be much left for them. Even with an additional 5% in management fees, a six-month return of 226.54% was worth it. A 5% increase would make Lu Liang think about giving more for more work. Xiaochao took the lead, even before Lu Liang could respond, one by one they shouted, "Mr. Lu, we have no objections." Although fifty billion dollars was a large amount, there were 37 investors present, and Lu Liang himself would surely co-invest. If allocated according to Fund Two's subscription scheme, Lu Liang would hold five parts, Hong Kong Capital ten. Thus, only 35 shares were left, insufficient for each person to hold even one, and they wouldn't accept that. Lu Liang's lips curved into a smile, "Since everyone agrees, then it's settled." Later, he informed them about the subscription plan for Fund Three and the necessary conditions for subscribing. They still used a "random" selection mode, with the intent to subscribe set for the morning of the 27th. However, asset verification was required first; each share needed a financial proof of at least seventy million dollars. Lu Liang gave investors with less than one hundred million dollars in liquid assets three days to raise funds. He didn't want anyone signing the subscription contract without being able to produce the necessary funds during the capital-raising period. One hundred million dollars was not a small sum after all. Everyone looked speechless, not because of the asset verification—as that was common practice. It was Lu Liang's "random" allocation method most found ironic; essentially, it still involved selecting based on personal preference.

Chapter 205: Half Step to Ten Billion

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