575: Chapter 575 Not everyone is qualified to buy into this private equity fund!

In the Xindu Garden villa area, Qin Shuang, wearing gloves and holding shears, was pruning the roses she had planted.

Just then, however, she heard her phone ring.

Taking out her phone and answering the call, she heard her friend's happy voice: "Qin Shuang, did you see the email sent by Yuanshi Private Equity?"

"Not yet!"

"Let me tell you, the private equity fund we bought has gone up by 20%!"

Qin Shuang was slightly surprised and said, "That is indeed quite a lot!"

"You don't seem very surprised?"

"I am quite surprised!" Qin Shuang said with a smile, "20% is indeed a bit exaggerated!"

She had asked Su Yang about the returns of the private equity fund a while ago.

So she was a little mentally prepared, but she still hadn't expected it to reach 20%!

"Exactly!" the woman on the other end laughed, "Haha, you don't know, he spends every day studying things like macroeconomics, linear trends, limit-up trading, and leading stock strategies... He talks about them so convincingly that anyone who didn't know better would think he was a stock god. As it turns out, he lost 50,000 last month, while I made 200,000!"

Qin Shuang couldn't help but laugh.

"I think he'd be better off just giving the money to me and letting me handle the investments!"

"You didn't make 200,000; the private equity firm charges management fees and also takes a cut from your profits!"

"Let them take it. They earned it with their own ability!"

"Yeah!"

"But Qin Shuang, you must have made a killing too, right? I remember you bought ten million? My goodness... you made nearly two million in a single month?"

"Actually, I didn't buy that ten million by myself. I couldn't come up with that much cash, so a few of my sisters pooled our money to buy it together!"

Back when Qin Shuang was helping Su Yang raise funds, she had told her friends that she would invest ten million when introducing it to them.

After all, if she didn't invest, why would her friends trust her?

"So that's how it is!"

"You know, most of my assets are in houses and shops... I've been losing a fortune lately!"

"Well, that's just how it is... Let's go to the beauty salon tonight, my treat!"

"Alright!"

...

After hanging up, Qin Shuang received several more calls.

One of her friends, Chen Huiran, even asked her if it was still possible to buy the private equity fund now.

She had also heard about the returns on the Yuanshi Private Equity fund from the previous month!

She had also been taken to Yuanshi Private Equity by Qin Shuang last time, but had been scared off by Su Yang's employee's remark about a maximum loss of 30%!

But now, wanting to get on board was certainly impossible.

Over on Su Yang's side, after finishing his call with Zhang Zhiyuan, he received a succession of calls from Chen Li, Zhan Qingfei, Ou Xiaoning, and others—some were close acquaintances, while others were business partners who had purchased the private equity fund.

Clearly, Yuanshi Private Equity had given them a not-so-small surprise!

By the afternoon, he saw that Chen Yueyang was calling him.

Chen Yueyang was in the hotel and catering business, specifically traditional mid-to-high-end Chinese cuisine.

The two of them had met at a gathering.

When Su Yang's short dramas hit the trending list for making money, he had called to say he wanted to collaborate with Heili Film and Television on short dramas and have Su Yang help him make a fortune.

Last time Su Yang called to ask him to buy the private equity fund, he had claimed that his capital was tied up...

However, Su Yang still answered the phone: "Manager Chen, is something the matter?"

"Manager Su, I heard your private equity firm made money, and a 20% profit at that?"

"Who did you hear that from?"

"Never mind who I heard it from, is your private equity fund really that profitable?"

"It did make 20% last month!"

"Can I still buy it now?"

"No!"

"Why?"

"You'll have to ask the China Securities Regulatory Commission about that; they have regulations stating that trading is not allowed during the lock-up period!"

"Uh... then when can I buy it? Could you notify me when it's possible?"

"Which one do you want to buy?"

"The one that made 20%!"

"Didn't you say your capital was tied up?"

Seeing Yu Chengjun enter the office with some documents, Su Yang nodded at her.

"Ahem, I can barely manage to free up some capital now!"

"Didn't you look down on the fund manager because she was young?"

"Manager Su has a keen eye for talent; she is indeed a genius, and I want to buy the private equity fund she is in charge of!"

Su Yang sat down on the sofa and said in a flat tone, "You'll have to wait half a year for that, and you might not even be able to buy it then!"

Chen Yueyang laughed on the phone, "Manager Su, that's quite a thing to say. Is there really such a thing as not being able to buy private equity?"

"What if the number of participants reaches the limit by then?" Su Yang said softly, "You know, the limit for each private equity fund is two hundred people, and you are not the first person to call me..."

"Can't you just open another private equity fund?"

"No!" Su Yang explained with a smile, "Our fund manager is still young, lacks experience, and doesn't have enough capacity. To protect the interests of other investors, she won't be managing multiple funds simultaneously for the time being!"

"Manager Su, we are old friends..."

Su Yang made up a random excuse to hang up the phone and couldn't help but grumble, "Old friends, my ass. He's like a fly!"

"Boss, did someone make you angry?" Yu Chengjun asked in a low voice.

"Yeah!"

"Is he looking for the Yuanshi Private Equity fund?"

"That's right!"

"I heard the private equity fund went up by 20% in one month?"

"Yes, the employees at Yuanshi Private Equity have been working quite hard."

"So how much money did the private equity fund make?"

"The fund made about sixty million!"

"Ah~" Yu Chengjun's eyes widened: "...That's so much!"

Even though Yu Chengjun had gained a lot of experience by staying by Su Yang's side, she still felt this number was somewhat terrifying.

It was far more than what Spark Media and Jiuxiang Catering earned!

And yet, it was just such a small, inconspicuous company!

She then asked, "Boss, why don't we continue selling the private equity fund?"

Yu Chengjun still remembered that not long ago, the boss had been working very hard to contact friends in order to raise funds!

She could tell just now that the boss was rejecting the other party!

Who turns away their own customers when doing business?

The difference between before and now is too big!

Su Yang smiled and said, "Ever since the yuanshi wealth no. 1 private equity fund entered its lock-up period, it hasn't been something just anyone is qualified to buy!"

Yu Chengjun said, "Isn't that a bit much?"

Su Yang smiled mysteriously, "You'll understand in the future!"

He intended to build this private equity fund into the flagship of Yuanshi Private Equity, and was also considering whether to turn Pei Jiaqi into a star private equity fund manager.

This private equity fund might not be famous at this stage, but it will definitely become famous in the future!

He was in finance not only to make money but also to safeguard his other industries.

He would tightly control the quota of fewer than 200 people for the yuanshi wealth no. 1 private equity fund!

As for those who pooled money together or used nominees to hold their private equity fund shares, "in the future," Yuanshi Private Equity would strictly investigate them!

You have to know, anyone in the country can buy private equity products.

Companies can, ordinary people can, business people can.

Those with government positions... most of them can too, as long as it doesn't involve unfair trading!

As for those who had already gotten on board, Su Yang naturally couldn't let them withdraw!

As for these people, Su Yang considered them to have good foresight and they deserved to make money!

Su Yang's mysterious manner piqued Yu Chengjun's curiosity greatly: "Boss, isn't it enough to have one million to buy your private equity fund?"

"That's hard to say now!"

"Boss, please explain it to me!"

"You want me to explain it to you?"

"Yeah!"

Su Yang crooked his finger at the young secretary, and Yu Chengjun leaned in to listen.

"You do it like this..."

Yu Chengjun's face turned red, and she couldn't help but roll her eyes at Su Yang and coquettishly said, "Boss is too improper!"

Su Yang waved his hand, "Forget it if you don't want to!"