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The protagonist of "10 billion equity Rashomon" has "appeared", the school has pulled out "mysterious figures", and overseas expansion has suddenly accelerated

author:Wall Street Sights

The "protagonist" of the biggest news in the quantitative investment industry this year, Narushi Investment, has begun to start the school recruitment.

Recently, the 10 billion quantitative private placement launched a high-profile campus recruitment to reserve talents for its strategy, technology and marketing teams.

The seniority hall found that in the recruitment publicity, Mingshi Investment highlighted the core role of Yuan Yu, who was an executive who actively exposed The internal equity dispute of Mingshi.

In this recruitment for the students "Xiaobai", Narushi Investment also "processed" the real identity of the investment research backbone, and more rarely showed an overseas partner.

The joining of this overseas partner has also led to a new "mystery" of the power structure of Narushi Investment.

A month ago, the equity storm of Mingshi Investment shook the industry and boiled over.

Founded in 2010, Mingshi Investment belongs to China's first generation of quantitative institutions, and the equity storm involves two founders, namely Yuan Yu (head of technology) and Li Shuo (head of marketing).

This incident was initially triggered by the suspension of Yuan Yu's position. Then Yuan Yu took the initiative to expose that he and Li Shuo had an equity holding agreement. On the surface, Li Shuo is a single major shareholder holding more than 50% of the shares, but the real controlling party is Yuan Yu. Li Shuo insisted that he had always been the company's major shareholder.

This contradiction involved the interests of holders in the order of tens of billions of yuan, and finally came to an abrupt end after negotiations between the two sides. Half a month later, the industrial and commercial registration materials of Mingshi Investment changed, Yuan Yu changed to the company's legal person and controlling shareholder, and Li Shuo was still a shareholder.

The protagonist of "10 billion equity Rashomon" has "appeared", the school has pulled out "mysterious figures", and overseas expansion has suddenly accelerated

After the equity dispute was over, Narushi Investment issued a campus recruitment notice, planning to find talents in three directions from fresh graduates, including strategic direction (AI quantitative engineer, quantitative factor engineer, portfolio management analyst), technical direction (trading system development engineer, data development engineer, etc.), and market direction (fund operation, fund sales).

The company found that in the campus recruitment advertisements and videos of Narushi Investment, five insiders appeared to tell the story of the 10 billion investment research culture.

The protagonist of "10 billion equity Rashomon" has "appeared", the school has pulled out "mysterious figures", and overseas expansion has suddenly accelerated

It is worth noting that their names do not use Chinese, but use pinyin processing.

A senior researcher in the quantitative industry revealed that investment researchers do not show their real names, mainly to protect the identity of insiders.

According to the above-mentioned Narushi insiders in the video, new recruits will be assigned a full-time mentor, guided by a three-month period, and through rotation and training, they can understand the value that can be played in the company in the future.

As shown in the figure above, there are three core investment research groups in Narushi, including the Strategy Research Group, the Information Technology Group and the Factor Research Group.

In the video recorded by Narushi, the above-mentioned group members tell their personal background. For example, two members of the Factors Research Group graduated from the University of California, Berkeley and the University of Edinburgh. For another example, after they joined Narushi after graduation, the company designated PM (portfolio investment manager) for one-on-one guidance, and said that the overseas background and full-band quantification ability of the Narushi team were the reasons for their joining.

Representatives of the Strategy Research Group highlighted Yuan's central role, saying he encouraged the team to develop competitive quantitative strategies rather than focusing on arbitrage.

The Seniors found that an Australian named Lewis Prescott was also involved in the online propaganda of the Nariosite campus recruitment.

The protagonist of "10 billion equity Rashomon" has "appeared", the school has pulled out "mysterious figures", and overseas expansion has suddenly accelerated

According to public information, he is the CEO of Narushi Investments International, where he previously worked for Deutsche Bank, Citigroup and hedge funds in Hong Kong, China. He joined Mingshi Investment in 2019 and was promoted to partner in September this year.

Lewis revealed in his presentation that he was primarily responsible for the operation of Inglite's dollar offshore fund.

It is worth noting that this year, Narushi Investment opened an office in Australia and hired Michael Negline, a well-known local marketing officer, and will issue funds locally and expand the New Zealand market in the future.

As Naruto began to radiate the Australian market, the Capital Office found a public message mentioning an executive of Narushi Investment, Stephan Zhou, Chinese named Zhou Sheng.

Zhou Sheng has played the roles of COO (Chief Operating Officer) and CFO (Chief Financial Officer) in the public information of Mingshi's expansion into overseas markets. The relevant information also said that Zhou Sheng was a Chinese national, and his spouse was an Australian and living locally due to the epidemic, which he said became the driving force for Narushi to expand Australia.

In addition, Narushi Investment also has an office in New York, USA.

According to the filing information of the China Foundation Association, Zhou Sheng is not a filing executive of Mingshi Investment, nor is he listed in the personnel filing information.

But Zhou Sheng was not a person who suddenly appeared.

The protagonist of "10 billion equity Rashomon" has "appeared", the school has pulled out "mysterious figures", and overseas expansion has suddenly accelerated

Before the dispute over the equity of Mingshi Investment, Zhou Sheng already held a 5% stake in Mingshi Investment. After the change of industry and commerce, his shareholding ratio has not changed.

When the share dispute was exposed, people familiar with the operation of Mingshi pointed out that Zhou Sheng was not an insider, but an external natural person shareholder.

What is even more strange is that in the introduction of the management team in the official website of the Chinese version of Mingshi Investment, there is not only No Zhou Sheng, but also no two parties to the equity dispute (Yuan Yu and Li Shuo). However, in the English version of the official website, the information of Yuan Yu and Zhou Sheng appeared.

According to the official website of the English version, Zhou Sheng joined Mingshi Investment in 2010, and this year is also the time when the private placement was established.

This campus recruitment has also brought out the "unknown" internal information of Narutoshi, how should candidates choose?

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