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At the beginning of the year, the first 10 billion private placement personnel changes, the "big god" Guan Huayu left office, and the "key figures" rarely made a smooth transition

author:Wall Street Sights

Since the beginning of 2022, the first key personnel change has been shown in the tens of billions of private placements.

On January 19, Shanghai Tongyuan Investment issued an official statement: After careful consideration by the company's shareholders' meeting and management, and full friendly consultation with Guan Huayu and Zhuang Yan, the above two investment managers will officially leave their jobs on March 10.

The veteran 10 billion private placement also said: the internal operation and management is stable, and the core investment research team is stable and has made corresponding supplements.

At this point, this "breakup" that was delayed for nearly a year finally ended with the two sides "shaking hands and saying goodbye".

"Ensuring a smooth transition"

According to the statement issued by Tongyuan Investment, the personnel change was determined "after careful consideration by the company's shareholders' meeting and management and full friendly consultation with investment managers Guan Huayu and Zhuang Yan".

The two will officially leave the company on March 10, 2022.

Prior to this, Tongyuan Investment "will fully solicit the opinions of all parties to ensure the smooth completion and smooth transition of all handover work." ”

In fact, the transition and handover around this round of personnel changes has been going on for almost a year.

As early as last July, Guan Huayu had resigned as a legal person of Tongyuan Investment. In the relevant channels, signals about his future departure have been sent.

However, after several communications and consultations with channels, Guan Huayu finally postponed his departure to March this year. To a considerable extent, this has relieved the impact on investors in Tongyuan investment products in this round of personnel changes.

At the beginning of the year, the first 10 billion private placement personnel changes, the "big god" Guan Huayu left office, and the "key figures" rarely made a smooth transition

"Full cooperation with the handover"

At the same time as Tongyuan Investment issued a statement, Guan Huayu and Zhuang Yan also jointly issued a statement to "explain" the work changes.

The statement said: "We have submitted a written application for resignation to Tongyuan Investment... At present, Tongyuan investment operation and management is stable, all departments cooperate closely, the company's products operate in an orderly manner, and we are as diligent and conscientious as ever to manage related products. ”

The statement specifically mentioned, "We will fully cooperate with the company and do a good job in the handover work of the relevant product changes and other work matters involved in the follow-up."

At the beginning of the year, the first 10 billion private placement personnel changes, the "big god" Guan Huayu left office, and the "key figures" rarely made a smooth transition

It is worth noting that at the end of the two statements, both sides thanked each other, highlighting the "good gathering and good dispersion" of this departure.

Who is Guan Huayu?

The reason why this departure incident has attracted attention may be related to the involvement of well-known fund manager Guan Huayu.

Guan Huayu is an investment expert who is well received by the industry. In his early years, he worked in the investment department of Shenyin Wanguo Securities. From 2005 to June 2010, he joined Prudential Fund and became a star fund manager at FaithRunner.

From 2010 to 2015, he joined BOCOM Schroders and became the core of the third-generation investment team of the public offering. The industry generally believes that Guan Huayu has brought new vitality and investment genes in stock selection to BOCOM, and laid a lot of foundation for the take-off of BOCOM.

After joining Tongyuan Investment, the product performance managed by Guan Huayu continued to be top-notch, which was quite prestigious in the sales channel, and directly led the team to exceed the 50 billion mark.

From the performance point of view, even in the past year when the "breakup rumors" came out, Tongyuan's representative product, Tongyuan Tongchuang Phase 1 A, also recorded a positive return of 6.58%, outperforming the CSI 300 Index by nearly 12 percentage points (see figure below).

Since the establishment of the product in 2016, the cumulative income has reached 317.68% (as of the latest net value), which is indeed a first-line rank in the Sunshine private equity industry.

At the beginning of the year, the first 10 billion private placement personnel changes, the "big god" Guan Huayu left office, and the "key figures" rarely made a smooth transition

Guan Huayu is expected to create a new company

After this departure, Guan Huayu's next step has attracted much attention, and sources such as channels said that Guan Huayu will most likely set up a new company to continue to develop in the private equity industry.

Some people close to the team said that Guan Huayu's future investment research team will have a number of senior people joining.

In addition to the high probability of Zhuang Yan joining the company, it is expected that many experienced people will participate in various businesses.

In the new company in the future, Guan Huayu will continue to focus on investment and research, and the development of this future team can not be underestimated.

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