Source of this article: Time Weekly
Ten billion fund managers, together with their teams and businesses, joined the ten billion private placement.
On May 22, the official public account of Ten Billion Private Placement Shanghai Zhengxinggu Investment Management Co., Ltd. (hereinafter referred to as "Zhengxinggu Capital") released news that Zhengxinggu Capital will start the integration with Shanghai Runshi Private Fund Management Co., Ltd. (hereinafter referred to as "Runshi Private Fund") in the near future.
At that time, Lei Ming, the founder of Runshi Private Equity Fund, will join Zhengxin Valley Capital with his business and team. At the same time, Lei Ming's rich investment research experience will also give Zhengxin Valley Capital a stake.
In this regard, the relevant person in charge of Zhengxin Valley Capital told the Times Weekly that "we believe that with the addition of Mr. Lei Ming and other outstanding colleagues, Zhengxin Valley's investment research strength will be significantly enhanced, and our investment strategies in different market environments will be enriched."
Investment veteran Lei Ming's management scale will rise sharply
According to Zhengxingu Capital Company, after the integration, Lei Ming will join Zhengxingu Capital Private Equity Investment Fund Manager - Zhejiang Yiwu Tanzhen Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Tanzhen Investment") as a partner and investment director. The existing business and team members of Runshi Private Equity Fund will join together, The original products of Runshi Private Equity Fund will continue to be invested and managed by Lei Ming.
According to the official website of China Securities Investment Fund Association, Tanzhen Investment has a management scale of more than 10 billion yuan, with 53 existing private funds. There are 17 existing private funds under Runshi Private Equity Fund, with the management scale ranging from 500 million yuan to 1 billion yuan. After the merger, the management scale of Lei Ming will be greatly improved.
As an investment veteran, Lei Ming also has the ability to catch the "Splendid Wealth".
Lei Ming has been engaged in the asset management industry for 17 years and has rich experience in industry research and fund investment management. He joined Huitianfu Fund in 2007, and then began to manage the public fund portfolio in March 2014. He successively served as the fund manager of Huitianfu's growth focus, Huitianfu's blue chip stability, Huitianfu's classic growth and other funds.
Wind data shows that from March 27, 2014 to December 31, 2021, the annualized return of Huitianfu Growth Focus Fund was 22.1%, with a total return of 371.5% CSI 300 Index 127.6%; Huitianfu's blue chip stable mix, from January 6, 2015 to December 31, 2021, the annualized return reached 21.3%, and the interval return was 286.5%; Huitianfu's classic growth, from December 5, 2018 to December 31, 2021, has an annualized return of 31.7% and a range return of 128.4%. At the same time, Lei Ming also served as the investment manager of the national social security fund portfolio, with a total management scale of nearly 30 billion yuan during his career.
In August 2022, Lei Ming "Benzi" founded Runshi Private Equity Fund. According to Zhengxingu Capital Company, so far, in the volatile market environment in the past two years, Lei Ming has achieved good absolute returns on its tube products.
Zhengxingu Capital is interested in the investment and research capability of Lei Ming
It is worth noting that Lin Lijun, the founder of Zhengxin Valley Capital, and Lei Ming have overlapping resumes. They have served at Huitianfu Fund together. Lin Lijun is the old leader of Lei Ming. In 2005, Lin Lijun founded Huitianfu Fund and led Huitianfu Fund to develop into a leading public fund company as president. In 2015, Lin Lijun resigned from Huitianfu Fund and founded Zhengxin Valley Capital to enter the primary market. In 2017, Lin Lijun established Tanzhen Investment, becoming the secondary market investment platform of Zhengxin Valley Capital.
"Once worked together" is a key reason for Lei Ming to join Zhengxin Valley Capital.
The above responsible person of Zhengxingu Capital told the Times Weekly that, "Lei Ming's values and investment philosophy are consistent with those of Zhengxingu Capital. At the same time, he has worked with the company's management during the Huitianfu Fund period, and has a deep foundation of trust. Lei Ming's investment research ability has been tested by the practice of public funds, social security special accounts and private funds, and has achieved certain performance, and formed a replicable investment research system and management ability."
He also said that the core of Raytheon's investment system is to invest in good business at an undervalued price. In terms of investment strategy, it insists on in-depth understanding and analysis of business model and business characteristics focusing on business, and on the basis of meeting the minimum composite return threshold requirements, it seeks opportunities for undervalued individual stocks.
Therefore, the investment and research capability of Zhengxin Valley Capital will be further improved after Lei Ming, who has strong investment and research strength, joins. The relevant person in charge of Zhengxin Valley Capital said, "The addition of excellent teams of Lei Ming and Runshi private equity funds is also in line with Zhengxin Valley Capital's platform based private equity strategy, which will enhance Zhengxin Valley Capital's investment research strength and enrich Zhengxin Valley Capital's investment strategies in different market environments."
According to the official website of China Securities Investment Fund Association, there are three private fund managers under Zhengxingu Capital. In addition to Zhengxingu Capital and Tanzhen Investment, there is another Shanghai Shengdao Investment Partnership (limited partnership) focusing on primary market investment. According to the official website of Zhengxingu Capital, its equity investment mainly involves three fields: technology manufacturing, medical health and technology consumption, including Didi, Byte Beat, B Station and Netease Cloud Music.
The relevant person in charge of Zhengxin Valley Capital said that in recent years, Zhengxin Valley Capital has been committed to building a strong investment and research platform to attract outstanding talents from the aspects of culture, ideas, processes, mechanisms, incentives, etc. Up to now, the investment research team has nearly 20 people. Among them, there are not only experienced senior general who has managed 10 billion yuan pension and public funds, but also chief executives of large securities companies who have guaranteed the depth and foresight of research and industrial thinking, as well as a group of researchers who are interested in value investment and long-term investment. The organizational echelon is remarkable.
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