Rebirth Tokyo 1986

Chapter 108 Twelve Zodiac Signs
After leaving Yamaichi Securities, Masato Takeshita immediately took Takamasa Yoshimoto and two others to Industrial Bank.

Here, he successfully raised 115 billion yen.

Among them, Industrial Bank contributed 100 billion, and three Waseda seniors, Akio Toyoshima, Noriyuki Uno, and Ichiro Haneda, each contributed 5 million.

The minimum fund-raising target was achieved in one fell swoop.

Afterwards, he continued his efforts and obtained a financing order of 30 billion yen from Nagashiki Bank.

"Let's go, we're going to Waseda University next."

"Hi, President!"

After several rounds of financing, both large and small, Takamasa Yoshimoto and others were finally convinced and began to accept this young leader who was 20 years younger than them.

Some people are born to work in finance.

Waseda University's alumni are mainly concentrated in the education publishing industry and politics, so donations are not very large. Therefore, among private universities, Waseda is not considered wealthy.

The size of its fund is not as large as those of its peers at famous American universities, nor as large as that of Keio University next door. Therefore, in terms of investment, Waseda University's fund is very conservative.

This is the first time that the door has been opened to hedge funds.

After greeting each other, Waseda University President Haruo Nishihara said simply: "Hedge funds are really an ancient yet new thing."

"I can invest a sum of money on behalf of Waseda, but the specific amount depends on your persuasiveness."

"Okay, Nishihara-senpai."

When Masato Takeshita heard that there was a chance, he immediately talked about his outstanding achievements in the past period of time, especially the case of investing 600 million in Nintendo and turning it into 1 million, which he talked about in detail.

Finally, Masato Takeshita looked at Haruo Nishihara and said confidently: "If I had a hedge fund at the time, the profit from this investment in Nintendo might have been more than 100 times."

“Wasteland University’s investment in me is definitely the best choice.”

If he had not wanted to take advantage of Waseda University's reputation, Takeshita Masato would not even want to introduce Waseda University's funds, because Japanese schools are very troublesome to get funds, and are far less convenient than American schools.

"This is a great investment strategy. We can use 30 billion yen of funds at Waseda University. I hope that Mr. Takeshita will continue to work hard. He will help us earn more money and expand the hedge fund."

Mrs. Nishihara Haru is very shrewd.

He knew that even if Masato Takeshita's fund suffered losses and was liquidated, he would eventually find a way to make up for Waseda's losses through donations.

So everything he showed now was just a pretending to listen carefully.

Of course, even if he listened carefully, he still found it difficult to understand and could only comprehend the surface.

He himself graduated from law school and is now older. All the knowledge about hedge funds in his mind was acquired through intensive study after Masato Takeshita made an appointment with him a few days ago.

Masato Takeshita naturally didn't know all this. He thought his ability to persuade had really improved.

He immediately smiled happily and said, "Okay, thank you, President. I will definitely develop the Rat Hedge Fund into the top hedge fund in Asia and even the world."

Hedge funds are a relatively old financial business, but during the economic recession in the 70s, most hedge funds went bankrupt and liquidated.

It was not until recent years, with several media reports, that hedge funds returned to mainstream attention.

There are no mature hedge funds in Japan now, and Masato Takeshita is one of the first to try it out.

As long as he could survive the stock market crash in 1989, he would have the opportunity to develop his hedge fund into a top fund in Asia and even the world.

You know, the boom period of hedge funds was in the 90s. Both Bridgewater Fund and Soros's Quantum Fund gradually became prosperous in the 90s.

After securing several institutional investors, Takeshita Masato began to prepare documents and information for individual investors. However, in order to be more persuasive, he first needed to complete the registration of the fund.

That’s right, Takeshita Masato’s fund has not been fully registered yet, and now it is completely playing the game of drawing the target first. This is also a common routine for new funds, first find a part of the funds, and then register.

Because hedge funds need to be secretive, they are generally registered in tax havens such as the Cayman Islands and Bermuda.

The miscellaneous fees including registration fees, lawyer fees, account opening fees, management fees, etc., would cost several million or nearly 10 million yen.

For a newly established hedge fund, it is still a little expensive. If the required funds cannot be raised in the end, so much money will be wasted.

Therefore, newly established hedge funds basically find several guarantees in advance, and then set up the company and start promoting it to more investors.

Masato Takeshita certainly has no shortage of money, but he lacks time.

He wanted to secure major investors as soon as possible so that he could make money earlier.

"How far has the registration of hedge funds progressed?"

“It has been sent to the Cayman Islands Monetary Authority (CIMA) and the registration will be completed within three days.”

There is not much review in the Cayman Islands, and basically you can get approval if you pay the money. But after all, it is abroad, so it takes some time to go through the process.

"It will take more than 800 million yuan, right?"

Jia Benlong said with a notebook in hand: "Not that much. Our hedge fund is an exclusive model. The registration fees in Cayman can be reduced by half, only about 600 million."

“However, in order to maintain the normal operation of the hedge fund, it is necessary to pay about 800 million management fees to the Cayman Islands government every year.”

Offshore governments such as the Cayman Islands are not looking to engage in charitable activities.

The reason why they do not charge taxes on registered companies and strictly help companies keep confidentiality is to earn management fees.

Each fund earns about 800 million yen per year, and the thousands of funds in the Cayman Islands can earn tens of billions of yen.

As for offshore companies, there are even more.

I remember there was such a news in my previous life.

There is a five-story building in the city center of the main island of the Cayman Islands, which houses more than 5 companies.

As you can imagine, the number of offshore companies on the island is absolutely terrifying.

In addition to collecting management fees, the Cayman Islands also requires some companies registered there to hold a board meeting on the island once a year.

As for whether the person who comes is a director, it doesn’t matter at all, as long as someone comes.

These offshore governments just want to earn some more tourism revenue.

"In addition to the Rat, please register two more for me. Their names are Ox and Tiger."

Masato Takeshita wanted to name his own fund according to the twelve zodiac signs and the solar terms, as a way of remembrance of his past life.

"Yes, President!"

Masato Takeshita nodded and continued to give orders: "Also, the office and staff recruitment work must also begin..."

"The office is located in Shinjuku, and the standard is 5000 million per year."

With the 5000 million yen standard, one can rent a nice office in Shinjuku, which is enough to meet the development needs of the Rat Fund.

(End of this chapter)