feast
“Spider-Man is said to be filming in New York this month.”
Monica has some good news.
“Then can I ask you a favor?”
Eugene is well aware that the new Spider-Man franchise, which will be released next year, will receive considerable acclaim. Moreover, since it is a film with much younger characters than other recent hero films, the publicity effect will be high.
“It won’t be difficult.”
Monica immediately contacted Marvel Studios.
“It’s okay.”
We decided to add a scene in which Spider-Man stopped for a moment in front of a street food truck in New York, ordered a Korean taco and flew away.
Of course, the taco truck shown here is a food truck that actually operates in Manhattan, and is also where Eugene invested.
“And I’ll give it to you for free.”
PPL costs for blockbuster movies typically range from several million dollars to tens of millions of dollars. In some cases, more than $50 million is required for products of the same brand to be exposed throughout the screening of a movie.
Accepting Eugene’s request for free would be in the sense of continuing a good relationship with Eugene in the future. Since we have invested quite a bit in the movies produced by Marvel Studios, it seems that the service is worthy of that level.
“And by the end of the year, Black Panther is going to be filming in Busan.”
“If you’re filming in Busan, there’s no need to put anything in it.”
Eugene wants things that will work in the US market.
“Then how about this? Mission Impossible will start filming early next year. And the Big Bang Theory is fine.”
Actually, there are a lot of media to put in for PPL. The question is how effective the advertisement is.
And Eugene had the financial power to pay whatever it was, regardless of the effectiveness of the advertisement.
“Monica hires suitable places and discusses with the new team before proceeding.”
A new job was assigned to the Korea-related business department.
As long as you make steady progress with at least $100 million a year, a response will come anytime. If that happens, it will be helpful for Korea-related projects in the United States.
“We have been asking for additional investment from Abu Dhabi and Dubai.”
Joanna has been reporting requests from key clients.
“If additional investment in the FO fund is not possible, the asset manager wants to increase the size of the fund.”
A typical investment firm would have to work diligently to recruit customers, but in Eugene’s case, it’s the exact opposite. Requests for new investment come in from time to time, and even places where they have already made an investment ask for an increase in size.
“The time has come to gradually scale up. How is it? William?”
Since there is already a full quota for the fund FO for the heads of state accepted by Joanna’s investment office, I called William to ask for his opinion.
William’s asset manager started with $20 billion, receiving $5 billion from Eugene and $5 billion each from three sovereign wealth funds: Abu Dhabi Investment Authority, Dubai Investment Corporation and Norway SWF.
Since then, it has been repeatedly asked to attract investments from a wide variety of institutions and individuals, and only a handful of them have been accepted and maintained at $40 billion.
“how about it? Do you think it would be okay to accept a little more?”
William is a prudent person. Rather than managing many assets, I prefer to manage them as stable as possible. In fact, that is why Eugene entrusted William with independent asset management.
Eugene was still making aggressive investments and, knowing the future, he couldn’t be sure he could completely avoid the risk, so he left part of it to William as insurance.
Moreover, there are many advantages that come from rolling external investment.
You can take a certain portion of your investment income as a commission, and you can put pressure on the company by purchasing stocks with the raised investment.
Above all, the biggest advantage is that it can help Eugene to make a stable exit by following the stocks he invested in ahead of time, raising the asset value.
In many ways, William’s asset manager helps Eugene.
“Now it looks like it would be okay to increase it a little more.”
William seems to have his own too. The asset management company he leads has recruited many talented dealers from top-tier asset management companies such as BlackRock and Vanguard Group, and with the little information Eugene gives, it is generating profits that cannot be compared with other asset management companies.
“How high are you going to raise it?”
“Well… … I don’t think there should be any restrictions.”
“Good.”
Eugene was also happy with William’s confidence. For several reasons, the more assets William manages, the better.
“Then let’s first accept the funds from Abu Dhabi and Dubai. In addition to that, we will accept any additional requests for investment.”
“Then the minimum would be $100 million for individuals and $3 billion for institutions.”
Brown Brothers Harriman, America’s oldest private investment bank, is known to only attract clients with assets of at least $30 million.
William’s asset management company placed a huge hurdle with the investment amount, not the investor’s asset size, so it is difficult to even dare to make an investment inquiry unless you are a large institution.
In other words, it means that you have that much confidence.
In fact, how many individuals in the world can entrust $100 million to one asset manager?
However, despite such restrictions, there were a lot of people who wanted to entrust Eugene with their money.
It is because of the desire to participate in the investment performance that Eugene has achieved in a short period of time.
Since William opened the door, investment requests from institutional investors from all over the world have been pouring in.
“As expected, the power of oil money is amazing.”
William, who met again a few days later, said with a smile.
“The Abu Dhabi Investment Authority and the Dubai Sovereign Wealth Fund have each requested $5 billion each, and the Kuwait Investment Authority and Saudi Arabia PIF have made new investment requests of $10 billion each. The Qatar Investment Authority (QIA) also said it would invest $3 billion.”
In addition, he said that each of the denials in the Middle East contributed close to $10 billion in personal funds.
With this, the Middle East alone exceeds $50 billion. But from what William said, it seems that it is only the beginning.
“And the Norwegian government pension fund also invested another $8 billion. You did a good job setting the minimum. We don’t have enough staff yet to accept even the smallest amount.”
Of course, the small amount William says is quite different from what others think.
“We will maintain this state for a while, and gradually expand the door as the number of staff increases. Our goal is to set a goal of $500 billion by next year, and doubling the next year.”
After taking over as an asset manager, William seemed full of confidence.
“like. And a portion of our assets under management is invested in the media group.”
Eugene rarely gives William detailed instructions. But once he says it, it must have a great purpose.
“Not only the news media, but also Fox, Sony and Disney.”
“All right.”
Investing in companies that cannot generate such a large profit can be done through an asset management company.
Even if it’s not a huge profit, if it is a standard asset management company, it will generate a sufficient level of profit, and Eugene can exert the desired influence with the purchased stake.
* * *
Then one day, Eugene welcomed a guest from Korea.
“Nice to meet you. Kim Choong-sik.”
An old politician in his 60s proudly raised his hand and asked for greetings.
It was only five days after Kim Choong-shik, a member of the ruling party in the Republic of Korea who was a member of the ruling party, requested an interview, he could barely see Eugene’s face.
“President Kang’s achievements in the past few years have been amazing. In particular, to have achieved such an achievement in the United States, the heartland of the global economy, makes me proud, not only for me, but for all Koreans.”
As usual at the first meeting, Kim Choong-sik started with praise as usual.
“Thank you for saying so.”
“Our party is also very interested in Chairman Kang. Not long ago, there was a meeting of senior executives, and everyone was clamoring for wanting to meet Chairman Kang once. However, Chairman Kang rarely comes to Korea, so I have to be able to see his face.”
“There’s a lot of stuff going on here, so I don’t have time.”
Eugene calmly replied.
“It’s a good thing. Actually, Chairman Kang is also doing a lot of work in Korea, but it’s a very small amount compared to what he’s doing in New York, right?”
“It’s not to say that it’s trivial. Well, it’s true that the proportion is small.”
“So. Chairman Kang cannot tell busy people to come and go because he misses them. So I flew myself. Just using it as an excuse to have a meeting in New York.”
He did not forget to say that he made time to come here by forcing himself in the public domain.
“I have heard a lot about you, too. I know that Rep. Kim is the leader who will lead the next generation of Korea.”
Eugene also gives a moderate amount of public death.
“Oops! so far haha. Anyway, I am very happy to hear such words from Chairman Kang, who is famous in the world.”
Rep. Kim continued with a satisfied smile.
“But it is a wonderful place. I’ve been to New York a few times, but I’ve never seen Central Park like this.”
Rep. Kim said, sitting at the dining table on the terrace of Eugene’s house, admiring the view of the huge park looking down under the railing.
“The people I met this time in New York were like that. The hottest restaurant in Manhattan is Chairman Kang’s mansion terrace. It really wasn’t empty words.”
After buying the Plaza Hotel in New York, Eugene bought three mansions for sale among the condos that make up about half of the hotels and turned them into one huge mansion, and now he has been hosting a weekend social party here instead of Trump Tower.
As the area is nearly three times larger than before, more people can be invited, and the view is much better as it is right in front of Central Park.
The food prepared for the party comes from the restaurant of the Plaza Hotel right below, and the cuisine is also impeccable.
As Rep. Kim said, there was no shortage of restaurants with the best views in New York.
“There is nothing in the world to envy as I alone occupy this wonderful seat.”
This day was not a party, but a banquet where only one member of Congressman Kim was invited.
At the table full of food, only two people are sitting, Eugene and Rep. Kim, and there are five or six servers around them who do not take a break to clean up cold food and prepare new food.
It’s an absurdly extravagant place to say it’s just for two people.
“This is Chateau Cheval Blanc.”
Each time the glass was empty, the sommelier poured new wine and poured it. There are already five or six types of wine on the market.
“This is the first time I have had such luxury.”
Kim’s face twitches over and over again. After coming to New York, I was a little offended that I only met him after a few days, but it seems that his heart was relieved by the relentless hospitality.
“I’m glad you like it.”
“Oh yeah! But wasn’t there an election for the National Assembly in Korea not long ago?”
It seems to be coming out slowly.
“yes. I also voted at the consulate.”
Even though he knew what he was trying to say, Eugene answered, pretending not to know.
