Jiang Chao's first private placement big loss? To go backwards is to move forward better

Dr. Jiang Chao, deputy director and chief economist of the former Haitong Securities Research Institute, joined Zhongtai Asset Management as co-chief investment officer after leaving his old club on February 18 this year. Shortly thereafter, he issued his first private equity fund, Zhongtai SuperNova One.

For Jiang Chao, a big coffee with extraordinary influence in the field of financial investment, people have great expectations for his first private equity fund after going to sea. According to public information, the custodian of Zhongtai SuperNova No. 1 is China Merchants Bank, with a participation threshold of 1 million yuan and an establishment scale of 94 million yuan, of which Zhongtai Asset Management Company invested 13 million yuan.

Investors hope to get a huge profit from the fund that Dr. Jiang personally ran. And Jiang Chao frankly said, "I have to have a relatively achievable goal." My goal is to beat the growth rate of money, that is, to oversend the currency. I have to admit that Jiang Chao's goal is still relatively pragmatic.

Perhaps the initial entry into the market is somewhat unsatisfactory, the product was established on the basis of several months of net value drawdown, as of December 20, 2021, the unit net value of Zhongtai Super Nova No. 1 was 0.8076 yuan, a retracement of 19.24%, Jiang Chao's first battle was unfavorable.

For the achievements of this fund since its establishment, netizens have a lot to say. Some people think that Dr. Jiang's judgment is wrong, and there is a suspicion of talking on paper; some admire Dr. Jiang's initiative to leave the comfort zone and accept the challenge of the real knife and gun in the private equity circle.

More netizens believe that winning or losing is a common thing for soldiers, not to mention that the fund has been established for more than 8 months, and investment can not only look at the present. Jiang Chao's outlook for China's economy in 2022 believes that as the epidemic eases in the future, commodity supply will gradually recover, and technology will become an important driving force for economic growth, and these ideas are also reflected in his fund. It is believed that his first private equity fund will also come out of the haze and give investors rich returns.