Chapter 85 Royal Suite
The scale of 50 million pounds is not high for a private equity fund. It can even be said to be a relatively small investment fund.
However, there is no way around this. As a "newbie" in the investment industry, everything still needs to be judged by performance. After this fund performs well, it will be able to attract more capital investment.
And in order to attract investment, Barron directly stipulated in the investment agreement of the first phase of the Mars fund that if the annualized return of the fund is less than 10%, all investors will be exempted from fund management fees, and they only need to pay custody fees. That’s it – the custody fee is charged by the custodian bank Barclays, so DS Capital cannot be waived.
However, as a private equity fund, DS Capital can charge users’ profit sharing. If the customer’s profit is less than 20%, they will share 20% of the profit share; if the customer’s profit is 20%-50%, they will share it. They will share 30% of the revenue; if the customer gains 50% to 100%, they will share 40% of the revenue; if the customer gains more than 100%, they will share 50% of the revenue.
All clients have no objections to this sharing clause, because this is the normal operation of private equity funds.
And from their perspective, they wish that DS Capital could get more profit sharing, which means that their investment has received a high enough return.
You know, under normal circumstances, being able to stably provide an investment return of more than 10% every year is enough to attract the influx of countless funds. DS Capital guarantees that it will not charge management fees when the annualized return is less than 10%. This in itself prompts it to only carefully manage finances for customers so that their investment returns are higher than 10%. Otherwise, in this private equity fund, In fact, DS Capital will lose money, because part of the management fees originally collected needs to be used to pay for various expenses to maintain the operation of the fund.
And some funds, because of poor performance, rely entirely on management fees to make money, which can be regarded as making money even though they are flat...
Regarding the 50 million pounds of funds in the Mars fund, Daisy followed Barron's instructions and invested all of them in crude oil and gold. She did not use too high leverage, only 5 times - compared to her own funds. , Mars funds only need to have relatively outstanding performance, and do not need to pursue the maximum rate of return.
…
When Barron woke up in the morning, he saw the girl next to him still sleeping.
With the light filtering through the gaps in the floor-to-ceiling curtains, Barron reached out and prepared to pick up the mobile phone on the bedside table...
What I got was not a mobile phone, but a piece of black cloth...
Well, I put it aside and finally touched my phone.
The screen of the mobile phone lights up, and you can see the clothes scattered on the floor in the house, and the torn and tattered stockings hanging on the lamp. From these scenes, you can also see the intensity of the battle last night...
It seemed that because of Barron's movement, the woman next to him woke up and turned her head...
The woman has long flaxen hair, and under the light in the room, you can see her face... it is Prince William's girlfriend Sasha.
Sasha had just regained consciousness and was a little dazed. When she subconsciously lifted the quilt and sat up, her beautiful figure was fully exposed.
"Mr. Barron..."
She had just called out Barron's name, but Barron had already blocked her lips...
Well, the beds in the hotel are of good quality.
…
In fact, Sasha is no longer Prince William's girlfriend, she can be called an ex-girlfriend, because the two have just broken up.
Barron really didn't expect that when he accidentally met Sasha again in London, he would learn the news that the two had just broken up.
Well, the reason could be that Prince William was having a bit of fun, or he wasn't too serious about the school belle of St. Andrew's University - according to Sasha, William actually proposed it to her... Well, once A novel learning method, "among three people, there must be one teacher from me"...
Sasha was shocked by this. Naturally, she couldn't accept it, so she broke up with him immediately.
Sasha, who was single again, was planning to go back to school. After all, September was coming soon and school was about to start.
It was at this time that she met Barron. She was very fond of the young and handsome Duke, so after the two had dinner, Barron took her to experience the Devonshire Hotel. Royal Suite…
Yes, what they are currently in is the highest-grade Royal Suite in the newly renovated Devonshire luxury hotel in Chelsea.
At this time, some suites in this hotel have been renovated, but it will take at least a month before the hotel actually opens - it needs to wait until the entire hotel is fully renovated, including the services attached to the hotel: SPA center, restaurants and other facilities. , it turns out that the Cavendish Hotel in Soho will be officially opened after the staff training is completed.
But as the boss, Barron is of course obliged to experience the results of the Royal Suite decoration in advance...
So far, it seems that he is very satisfied with the facilities in the room.
This royal suite covers an area of more than 300 square meters. It has supporting guest rooms, study rooms, reception rooms, cigar rooms, gyms and other facilities. It also has a separate sky garden and outdoor swimming pool on the roof of the hotel... It can be said to be extremely luxurious.
After completing this experience, Barron also decided to live here temporarily and moved some of his personal belongings from his original London apartment.
The reason is that Barron has always felt that his apartment in London is still a bit small - because it is a villa, more precisely, it is a townhouse.
Especially after visiting Viscount Bute's mansion in Chelsea several times, he felt more and more that it was a bit "compact", just like the last makeup party, and he had a deeper understanding of it.
Therefore, at this time, Barron has bought the neighbor of his apartment. Now the entire building belongs to Barron. He will open up the two houses later and conduct a thorough renovation according to his own preferences.
Before the renovation of that house was completed, Barron was planning to temporarily live in the royal suite of the Devonshire luxury hotel when he was in London.
…
Although he has a close friend (P) relationship (Y) with Prince William's "ex-girlfriend", Barron is not worried about what the other party will think of him after learning about it.
After all, His Highness the Prince is very open-minded in this regard and will not care too much.
After all, as far as Barron knew, in his previous life, after the prince established a relationship with Cather and before they got married, they broke up for a while.
During the time they broke up, Kaiser often went to nightclubs and had a boyfriend.
But after the two got back together, His Highness the Prince didn't mind this, and became good friends with her boyfriend. When they got married, they even invited each other...
Not to mention that Barenton's relationship only slightly transcended friendship...
