Traveling through the Tokyo bubble era

Chapter 617: BlackRock Group Goodbye Karl Map
In the hotel room, Hideki Hanyu and Larry Fink met and had a very pleasant conversation.

Larry Fink’s future achievements were largely due to his personal abilities, which are beyond doubt.

During various casual conversations with Hanyu Hideki, he was able to skillfully recommend the business of "Blackstone Financial Management Company" between interesting topics, hoping to attract the favor of this super-rich Hanyu Hideki.

At this moment, Hanyu Hideki looked at this young man who still needed to solicit business in person, and he felt a lot of emotion in his heart.

Today's "Blackstone Financial Management Company".

This is the predecessor of the later BlackRock Group.

In later generations, it became famous around the world for managing total assets exceeding 10 trillion US dollars.

Lockheed Martin, Starbucks, TSMC, Apple, Xiaomi, Penguin, Alibaba, Lenovo, and even Neon Power, etc.

Military industry, medicine, banking, new energy, Internet, automobiles...

Almost every industry and company you can think of, and the top giants in the industry, has the shadow of BlackRock behind it.

Even after the two Maos started fighting, it took over most of Xiao Mao's state-owned asset reconstruction work.

According to many conspiracy theorists, BlackRock is a company engaged in asset management business, and even if you have money, you can become its client.

It is with these seemingly small holdings and the use of science fiction-like economic means that it secretly controls the entire world.

Of course, regardless of whether these conspiracy theories are true or false.

At this moment, Larry Fink, who was sitting in front of Hideki Hanyu and talking freely and trying to attract clients, did not show any sign of being able to control the world.

Even at this time, "Blackstone Financial Management Company" was just an asset management department of the Blackstone Group, and not even an independent company.

In the eyes of conspiracy theorists of later generations, those giants who founded companies with Larry Fink and secretly controlled the world were now just unlucky people who couldn't make it in other Wall Street companies.

Blackstone Financial Management Company did not become independent as the BlackRock Group until the mid-1990s, when Larry Fink parted ways with the Blackstone Group over business philosophy.

Even at its peak in the 1990s, BlackRock's assets under management barely exceeded US$100 billion.

And at that time, everyone in the industry knew that BlackRock's success was nothing to be proud of, and it could be said that it was the kind that Wall Street looked down upon the most.

That is strict risk control and not-so-high rate of return.

This may be because Larry Fink learned from his failure at First Boston and embarked on this financial management path of strict risk control.

At this moment, Larry Fink was recommending his asset management philosophy to Hideki Hanyu.

That is to constantly emphasize strict risk control and wholeheartedly ensure that the interests of every customer are not harmed.

To be honest, Hideki Hanyu has no interest in Larry Fink's so-called asset management. After all, for a time traveler, is there anyone in this world who knows what to invest in and make more money than him in the next few decades?
As for why he was not interested, he had to come all the way to meet Larry Fink.

That's because he's not interested in Larry Fink, but in the future of Larry Fink.

To be precise, what he is interested in is not the current "Blackstone Financial Management Company", but the future BlackRock Group.

Regardless of whether what the conspiracy theorists say in later generations is true or false.

But at least one thing is certain: BlackRock Group is destined to be a huge interest group platform. As long as he can bet on this platform in advance, he is bound to gain a lot of things other than money.

Especially the core resources involving the American interest circle that he could not obtain in Neon.

However, that was in the mid-1990s, after the real BlackRock Group was established.

Now, he just needs to "inadvertently" and "let it go naturally" to make friends with Larry Fink, maintain cooperation, and slowly improve their relationship.

Spending several years or even more than ten years in advance to plan and arrange a plan that others can't even think of, this is the advantage of a time traveler.

Just like he is cashing out his real estate in Neon now.

From a God's perspective, he was certainly trying to find a buyer for the properties he had hoarded for many years before the collapse of Neon Real Estate.

But if we look at it normally, this is the best period of growth for Neon Real Estate, and Hideki Hanyu has to cash out high-quality assets for investment.

Moreover, the real collapse of the Japanese housing market occurred in 1991, which is still three years away from now.

If there are still buyers who come back and say that the house Hideki Hanyu sold them three years ago was a rip-off, then there will be no words "business" and "risk" in this world.

If someone really did that, it would definitely not be Hideki Hanyu who would be ridiculed and criticized, and he would most likely be treated as a psychopath.

And this is the biggest advantage of time travelers.

At this moment, Hideki Hanyu looked at Larry Fink who had just introduced the business to him and asked tentatively.

"Mr. Fink, could you please tell me how much assets your Blackstone Asset Management currently manages?"

Larry Fink was somewhat embarrassed to hear Hideki Hanyu's question. After all, the department had only been established for more than a month, and the few clients it had were all introduced by the Blackstone Group.

For a super-rich man like Hideki Hanyu, that number is really hard to mention.

However, as a mature Wall Street practitioner, Larry Fink quickly adjusted his mood and spoke in a confident tone.

"In the one month since its establishment, Blackstone Asset Management has managed more than $600 million in client funds. Its growth rate is definitely the fastest among Wall Street-related companies..."

As the saying goes, if you can’t compete in scale, then compete in growth.

If the growth cannot be compared, then the establishment time should be emphasized.

In Larry Fink's rhetoric, the point is to highlight the excellence of Blackstone Asset Management, and it cannot be said that it was achieved by relying on the parent company Blackstone Group.

Hideki Hanyu could naturally see what Larry Fink was thinking.

But he just pretended not to understand and didn't point it out directly.

After Larry Fink's nice words, Hanyu Hideki pretended to think about it with difficulty before speaking.

"Mr. Fink, because of our last cooperation, I actually have a very good impression of you, and we met because of the introduction of a close friend, so I am willing to believe in your abilities."

When Hanyu Hideki said this, Larry Fink, who was always very shrewd, couldn't help but show a hint of joy on his face.

After all, Hideki Hanyu's words gave him hope.

There is even a little bit of touching feeling.

Because of his previous failed experience at First Boston, he was troubled after continuing to work and was always brought up as an example to be questioned.

Hideki Hanyu is the first wealthy client to verbally recognize him since he joined Blackstone Group and established the Blackstone Asset Management department.

And they are not just ordinary clients, they are some of the world's richest people.

However, although Hideki Hanyu expressed his approval and noticed Larry Fink's emotional changes, he did not hand over a large sum of money to the other party right away.

This is a planning process that will take several years or even more than ten years.

What is needed is a gradual process and we must not rush things.

Blackstone Asset Management's current management scale is only US$600 million. If he gives more at one time, it will cause unnecessary suspicion.

So, at the end, Hideki Hanyu spit out a number that was not huge, but was in line with his status as a super-rich man.

"I recently needed a lot of money for some investments, so even if I cooperate with Mr. Fink, the money I can come up with is not much."

At this time, Larry Fink was actually a little disappointed.

But then Hideki Hanyu said.

"So as an initial attempt at cooperation, the first round of funding will be set at 20 million US dollars. If the cooperation goes well, I will consider giving more money to Mr. Fink to manage."

Larry Fink originally thought that Hideki Hanyu would offer a small amount of money, several million dollars, but who would have thought that it was just his first attempt and he gave him 20 million dollars in one go.

Even though he currently has more than 600 million yuan in funds under his management, those are all resources from the Blackstone Group.

The 20 million US dollars from Hideki Hanyu makes him the largest client he has ever attracted.

Moreover, compared with 600 million, the growth of 20 million is not low.

What's more, Hideki Hanyu said that this was just the first attempt.

As long as his service satisfies Hideki Hanyu, I believe that with Hideki Hanyu's financial resources, there will be many opportunities for cooperation in the future.

And personal business is just the beginning.

You should know that the companies owned by Hideki Hanyu are well-known even on Wall Street.

Of course, when someone is as wealthy as Hanyu Hideki, there is no need to differentiate between individual and corporate clients.

After all, many small businesses may not have as much money as Hideki Hanyu.

So when Hideki Hanyu made his decision, Larry Fink immediately stood up, stretched out his hand with a happy smile, and shook hands with Hideki Hanyu.

"Mr. Hanyu, I'm glad you're a client of Blackstone Asset Management."

“I am also very happy to meet Mr. Larry Fink and hope that our cooperation will go well.”

"That's for sure. Blackstone Asset Management will never let Mr. Hanyu down."

……

In this way, Hideki Hanyu simply reached a cooperation intention with Larry Fink, and the other specific work after the signing would naturally be handled by Hideki Hanyu's secretary.

As for the content such as the return on investment of different businesses that Larry Fink introduced to Hideki Hanyu, Hideki Hanyu didn't really care about it.

After all, his primary purpose in investing money in Larry Fink was not to make money.

Near noon, Larry Fink politely declined Hideki Hanyu's lunch invitation, saying that he had an appointment with another client at noon.

In this regard, Hideki Hanyu said he could understand that those practitioners on Wall Street play like crazy and work even crazier.

From his actual experience, he found that the scenes in movies where people frequently go to high-end restaurants are just a joke.

These people are so busy every day that they wish they could use their sleeping time to work. They eat whatever they can on weekdays, which are basically fast food and take-out.

Unless you are meeting with a very important client, you don't have the time to go to a high-end restaurant where a meal lasts for several hours every day.

In the hotel lobby, after Hanyu Hideki sent Larry Fink away, he looked thoughtful, trying to decide when to contact him again in the future. This behavior of silently bringing the two parties closer may seem complicated, but if you think about it from another perspective, it is actually the same as a man keeping a woman in suspense.

Hideki Hanyu is an expert in this area.

With a slight change of pace, I believe I can also manage my relationship with Larry Fink.

While he was thinking, Monica Bellucci next to him spoke up, "Boss, it seems like you value this person very much."

After finishing his thoughts, Hanyu Hideki asked in confusion, "Is there?"

“Others may not be able to see it, but I just have a feeling.”

Hearing what Monica Bellucci said, Hanyu Hideki laughed and teased, "Why? Is this a woman's sixth sense?"

"Maybe." Monica Bellucci shrugged.

I have to say, a beauty is a beauty, even when she shrugs her shoulders she looks so beautiful.

After admiring the beautiful girl, Hideki Hanyu was about to invite her to the restaurant for lunch when he heard someone calling him.

"Mr. Hanyu, what a coincidence, I didn't expect we would meet here."

The voice seemed familiar. Hanyu Hideki looked in the direction of the voice and found that it was indeed an acquaintance.

Karl Mapp.

The Israeli Jewish businessman who sold him the Malibu beach land and mansion, causing him to lose a lot of money now.

The last time I saw him was in Park City, Utah, when we attended the Sundance Film Festival. By the way, I also met his wife's nephew, the future Hollywood director Steven Soderbergh.

Fred Webber, who has now become the director of the production department of Cloud Pictures, reported over the phone that Steven Soderbergh recently had an idea for an independent film and wanted to work with Cloud Pictures.

I think it's the movie "Sex, Lies and Videotape".

Hanyu Hideki said to Carl Map as he walked over, "I didn't expect to meet Mr. Map here either."

"I happened to be in New York to visit a friend. Since we met, how about I treat Mr. Hanyu to lunch?"

Karl Mapp's sudden invitation to Hideki Hanyu really caught Hanyu Hideki off guard.

After all, these Europeans and Americans may seem enthusiastic on the surface, but in actual contact, they often keep a certain distance towards their friends, let alone a relationship like this one where they are not so familiar with each other.

Although I don't know why the other party invited him.

But after a brief consideration, Hanyu Hideki replied, "Of course, I also plan to have lunch."

The reason he agreed was because he had his own considerations.

Because he found that although this Jewish home was in Israel, it was very active in America.

Not only does he have a lot of business connections, he has also heard of the other party's name from his partners in Washington.

So try to contact the other party, maybe you will get unexpected results.

In the restaurant of the St. Regis Hotel, after the two sat down and ordered their meals, Karl Map tentatively asked, "Mr. Hanyu, are you in New York this time to handle business?"

Hanyu Hideki did not hide his true feelings, but answered openly, "I previously invested in a comics company here, and I heard that it has been developing well recently, so I decided to come and inspect it."

"It was Marvel Comics, I was watching the news at the time," said Karl Map.

It is obvious that the Israeli knows Hanyu Hideki very well.

"Yes, in fact, in addition to inspecting Marvel, I also met with a friend on Wall Street this morning and invested some money in him."

Hideki Hanyu pretended to casually mention the incident with Larry Fink.

Regarding the cooperation with Blackstone Asset Management, he will not only not hide it, but will also publicize it openly for the sake of future goals.

On the surface, this was a manifestation of his trust in Larry Fink and an indirect advertising for the other party.

But in fact, it is necessary to let others know about this matter as early as possible so that everything can happen smoothly and naturally.

Then, when he really gets involved in something in the future, others won’t find it strange or think that he has ulterior motives.

After all, who would plan something years or even decades in advance, and the object would be someone who seems insignificant now?

"Really? I do know quite a few friends on Wall Street. Could you please tell me who they are, Mr. Hanyu?" Karl Map continued to probe.

Hanyu Hideki said directly, "Larry Fink is an asset manager who just joined Blackstone Group. I wonder if Mr. Mapp has heard of him?"

"So it's him." Karl Mapp showed a look of realization. "He is somewhat famous on Wall Street, but not in a good way. After all, he caused a huge loss for First Boston before."

"I know about this, but we have worked together on other things before. I think he is very capable, so I decided to trust him this time and try to invest 20 million in him."

As soon as Hanyu Hideki said this casually.

Especially the last understated amount of 20 million US dollars, which immediately made Karl Map's eyes light up.

Hideki Hanyu didn't know that Karl Map came to America to solicit investment for the Israel Sovereign Fund.

Logically speaking, there are so many wealthy people among the Jews, and Israel is a Jewish country. If Israel's economy wants to develop at this time, it needs external investment, and the Jewish wealthy should invest enthusiastically.

But ideals are full and reality is skinny.

As the saying goes, there are people who do business that will get them killed, but no one will do business that will lose them money.

Considering Israel's ongoing hyperinflation, unstable political environment and the return cycle of sovereign funds, how could savvy Jewish businessmen make such risky investments?

Of course, they could not know like Hideki Hanyu that the series of investment projects led by the Israeli sovereign fund actually had quite good returns in the end, with many even reaching more than 25%.

So, just let Israel shout as loudly as it can.

But external investors have never been interested, even Jewish businessmen.

Karl Map has been in Wall Street for half a month, but still has gained nothing.

In a hurry, Karl Map returned to the hotel in the morning and happened to see the super rich man Hideki Hanyu.

Even though he had been rejected last time, he still took the risk and invited her this time, hoping to get another investment.

After hearing that Hideki Hanyu casually gave such a large sum of money to a loser on Wall Street, Karl Map couldn't help but feel excited.

"Mr. Hanyu, since you can invest so much money at one time, it seems that your previous financial problems have improved."

Seeing that Karl Map's words were becoming more and more obvious, Hanyu Hideki probably already knew why this guy invited him.

He thought quickly in his mind and then spoke.

“It has definitely gotten better recently.”

“In that case, Mr. Hanyu, could you consider investing appropriately in investment projects led by the Israeli sovereign fund?

Mr. Hanyu does not need to worry about the risk and return rate. The Israeli sovereign fund is ready to cover the compensation, and..."

Seeing that Hideki Hanyu had become rich, Karl Map immediately couldn't wait to start introducing Hideki Hanyu.

Similar to what Hideki Hanyu knew in his previous life, these investment projects led by the Israeli sovereign fund not only seem to have very good rates of return.

The most important thing is that the Israeli sovereign fund will also sign a formal guarantee agreement. If the yield after maturity fails to reach the minimum promised standard, a guarantee payment of the minimum yield will be given.

On the surface, these investments seem like great deals.

These investment projects should be very popular.

But given the turbulent times in the region, most people were worried about losing their investments, so Karl Map's work has only progressed slowly until now.

"Sounds good."

After Karl Map finished speaking, Hanyu Hideki responded with a smile and seemed very interested.

His words really made Karl Mapp very happy, as if he saw the dawn of hope that the super rich Hideki Hanyu would agree to invest.

Moreover, once Hideki Hanyu sets an example, it will be much easier to attract other people to invest later.

But just when Karl Map was happy, Hanyu Hideki followed up and said, "But for me, there are too many places to invest and make money. The projects you mentioned seem good, but they really lack sufficient appeal."

With this statement, Hideki Hanyu perfectly presented the real face of a true capitalist and investor.

Karl Map naturally understood that it was not easy to get someone like Hideki Hanyu to invest.

However, seeing that Hanyu Hideki did not directly refuse, Karl Map knew that there was still hope, so he continued to describe the prospects and benefits of these investments to Hanyu Hideki.

At the end, the guy deliberately lowered his voice and said mysteriously, "I know Mr. Hanyu is also working on his own relationships in Washington. If Mr. Hanyu is willing to invest in the Israeli sovereign fund's projects, then you will win our friendship."

There was no need for Karl Mapp to explicitly state the word "friendship" as both of them knew what it meant. After all, it was well known to later generations how powerful the Jewish network was in America.

"Ha ha……"

But in response to Karl Map's words, Hanyu Hideki just smiled and said nothing.

Hanyu Hideki certainly doesn't mind having Jewish friendship, but it's not a necessity for him.

After all, his current identity naturally means that he belongs to the Japanese consortium. Although the strength of the Japanese capital community in America is not as strong as that of Jewish capital, its lobbying efforts in Washington every year are no small at all.

Moreover, compared with the Jewish capital, which often fights among itself, the Neon Group is relatively more united in America.

Of course, the most important thing is that it is not easy to take real money from Karl Mapp just by his empty words.

He didn't believe that Karl Mapp worked so hard to attract investment for the Israeli sovereign fund purely out of patriotism, and that he would definitely make some benefits in the process.

Seeing that Hanyu Hideki was unmoved, Karl Map gritted his teeth and said, "There is a party this afternoon at the Hyatt Centric Wall Street. It is an event that requires membership. I can introduce Mr. Hanyu and take him to the event."

"Oh, is there any reason why I have to go?" asked Hideki Hanyu with narrowed eyes.

"Please believe me, if Mr. Hanyu goes, you will definitely not regret it. There will be many guests from the West Coast attending this afternoon, including some from Hollywood."

Karl Mapp said with a firm tone.

(End of this chapter)