God of Corporate Hunting - Chapter 269
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◈ Episode 269 University Fund (1)
There was an old woman of similar age to her and an older man.
The old man had a kind face and the woman looked gentle.
The moment Park Jeong-ae tried to avoid them, the old man shouted.
“Did you come here because Sehyuk asked you to?”
Park Jeong-ae looked back with a bewildered expression.
The face of Im Yi-rye, who had just been mocking her, turned pale. It was clear that the old man and Im Yi-rye knew each other.
“Ah, Father…….”
“Did Se-hyeok do it? To meet Nam Woon-myung’s mother and make things right. Se-hyeok probably got the order from that guy from Buk-seong. Se-hyeok is on the Buk-seong card, so there’s nothing he can do, but what if you, the mistress of the Goryeo Investment & Finance Group, do it too?”
The old man was Yun Do-cheon. The woman next to him was Kim Soon-i, Yun Se-bin’s mother.
“Three, Sehyuk asked me to…….”
“If you raise your child like that, he won’t be able to do his part. Since when has our Korea Investment & Securities Group been paying attention to Bukseong?”
Im Il-rye, who used to complain, became mute after eating honey.
“I understand the rivalry between Sehyuk and Sebin, but you shouldn’t get involved and bring this trouble. I’ll have to argue with Baek-i about your mistake next time, so go back.”
Im Il-rye, who had been fidgeting at the abstract shouting, quickly packed her bags and stood up.
Im Yi-rye only greeted Yoon Do-cheon and then disappeared like the wind.
Park Jeong-ae, who had no idea what was going on, was about to start walking again when Kim Soon-i, who was next to the old man, bowed in greeting.
“Can we talk for a moment?”
Park Jeong-ae looked at the two people in bewilderment.
“Do you know me?”
“Are you Nam Woon-myung’s mother?”
Park Jeong-ae sighed and answered, confused as to why there were so many people who knew her son today.
“But?”
“Please give me a moment. I will apologize on behalf of Ms. Im Ye-ri for her rudeness just now.”
Park Jeong-ae had no choice but to sit down again.
On the table were the leftover coffee and the shopping bag that I had given to Im Ye-mi.
“Would you like another cup of coffee?”
Kim Soon-i asked.
Park Jeong-ae shook her head and Yoon Do-cheon asked.
“Honey, I can’t drink Americano or something because it’s too bland… Do you have any mixed coffee?”
“that…….”
“Then bring me some sweet juice.”
While Kim Soon-i went out to order, Yoon Do-cheon greeted Park Jeong-ae.
“Haha, nice to meet you. I am Yoon Do-cheon, Chairman of Korea Investment & Securities Group.”
Of course, this was the first time Park Jeong-ae heard the name Yoon Do-cheon. In fact, it is impossible for an ordinary person to have heard the name of a financial holding company chairman. However, since he was the chairman of a group, she understood that he was a very high-ranking person. Lee Mi-rye, the wife of the president of Korea Bank, also made a fuss.
“Oh, hello.”
Park Jeong-ae also had no choice but to reluctantly greet him.
Yoon Do-cheon said with a bright smile.
“Haha, I said that Yunmi was handsome, and he looks exactly like his mother.”
“Do you know destiny?”
“I know. He sometimes comes to me and puts a needle in my mouth. Hey, that unfilial bastard, I asked him to put a needle in my mouth a few more times, but he never came back.”
Park Jeong-ae’s tense heart melted away at Yoon Do-cheon’s teasing.
“That kid is good at putting down needles.”
“As expected of a filial son. Hey, tell him to visit this old man often.”
Meanwhile, Kim Soon-i came with coffee and juice and sat down.
“Who is this person?”
“Ah! I’m Yoon Se-bin’s mother. Does Se-bin know?”
“Ah! Hello. I’ve heard about it sometimes.”
“Mr. Nam Woon-myung came to our house and ate a meal.”
Park Jeong-ae was surprised. Suddenly, she had the feeling that Nam Woon-myung and Yun Se-bin were surprisingly close.
It seemed like it wasn’t an ordinary thing to meet so many people today.
Kim Soon-i, who had been observing the situation, continued speaking.
“You must have been flustered today. Your father noticed Sehyuk’s suspicious situation and followed Sehyuk’s mother. Oh! Don’t you know who Sehyuk is? He’s Sebin’s half-brother, the son of Ms. Im I-rye, whom I just met. Sebin and Sehyuk don’t seem to be on good terms.”
“So?”
“Should I explain that Nam Woon-myung got involved in the fight between those two? Anyway, it’s nothing serious. Nam Woon-myung won’t be harmed.”
Park Jeong-ae felt relieved that although it seemed extremely complicated, it would not be a problem for her son.
“But the reason you asked to see me is…….”
“You must know the relationship between Sebin and Nam Woon-myung.”
“My boss at work…….”
“That’s true, but I think it’s a little closer than that.”
“yes?”
“I don’t think we’re at the dating stage yet, but I think it might be right to date…….”
“What are you talking about?”
“This time, the two of you went on a business trip overseas again, right? Of course, you said it was for work, but…….”
Park Jeong-ae opened her mouth wide.
Even though it was work-related and there was a hierarchy between them, I never expected that the two of them would go on a business trip alone.
“You didn’t know?”
Park Jeong-ae sighed and shook her head.
“I sometimes talk about Representative Yoon.”
“I also often heard stories about Director Nam.”
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“Oh, really?”
“I hope you don’t misinterpret what Ms. Im Il-rye said today. That came from Se-hyeok and the Bukseong Group’s story. We… including my father, think very highly of Mr. Nam Woon-myung. We’ve never considered the family’s rank or anything like that. In fact, my family is more abnormal….”
I felt like the anger in my chest was being released.
Park Jeong-ae drank the remaining coffee. She was left with a regret that she wished there had been a little more coffee.
To my shame, there was still a lot of coffee and juice left in front of the other person.
“I don’t care.”
“So I hope you will support them no matter how they develop.”
Kim Soon-i quietly bowed her head.
Park Jeong-ae looked closely at Kim Soon-i’s face.
She was a remarkable beauty. Even though she was old, she still maintained her beauty, so I could guess what her daughter looked like. I didn’t know her, but she was definitely a striking beauty.
I was worried because my son had been working day and night, but I felt relieved when I thought that he might be in a good relationship. As time passed, he was already old enough to get married.
On the one hand, I was happy, but on the other hand, I felt sorry. I felt like I had only burdened my son with life. After my husband died, it was hard to get through a day.
“If my son is okay with it, I am okay with it. If you don’t have any other words…….”
Park Jeong-ae stood up from her seat, trying to calm her feeling of sadness since she had nothing else to say.
Kim Soon-i handed over the shopping bag that was on the table.
“I know you might be offended, but clothes and money don’t have names, right? Think of these as things your father gave you and take them. The owner of these clothes is Nam Woon-myeong. I apologize again for being rude to Im Yi-rye.”
Kim Soon-i held the shopping bag and had no choice but to take it back.
“Then let’s go in.”
“Make sure to tell Destiny that I’m looking for you.”
“Mother Destiny, I wish I could see you often.”
Park Jeong-ae turned around as she received greetings from Yoon Do-cheon and Kim Soon-yi.
I’m planning on telling her to bring Yoon Se-bin when she has time. If she’s my boyfriend and not my boss, there’s no reason I wouldn’t be able to bring her.
If you are going to be a daughter-in-law, you should check her character in advance.
If she resembles the Kim Soon-i I saw today, there’s almost no chance of her getting hurt.
* * *
While I was in New York, I inspected the work of the New York branch and gave instructions.
Yoon Se-bin handled the current tasks of Goryeo Asset Management with the help of Seon Yoon-ah, and Nam Woon-myeong worked based on reports from Nora and Kirk.
The amount of money handled by the New York branch has grown so much that it needs to hire more staff. In just over a year, the size has grown to a point where it can be counted on one hand.
Without Kirk, the inexperienced Nora would have had a hard time handling it.
That’s why Nam Yunming was grateful to Kirk.
After the urgent business was roughly finished, Nam Woon-myung discussed important issues in the conference room of Goryeo Asset Management.
The most urgent task is the investment in the fabless company that Seon Yoon-ah is promoting.
In addition to Nam Woon-myung, Nora and Kirk attended from Mega Asset Management, while Daniel Miller and Yoon Se-bin, the branch managers of Goryeo Asset Management, were waiting.
“It has been known that it is difficult to achieve economies of scale in the fabless industry. However, if you think of a local Saemaul Geumgo, you can see the necessity. It may seem like local businesses do not need economies of scale, but the Saemaul Geumgo Association increases stability. Local bakeries are similar. Aren’t nationwide franchise bakeries achieving economies of scale?”
Seon Yoon-ah explained the necessity of investing in fabless companies.
The primary goal was to loosely combine highly fragmented fabless companies into independent businesses under larger companies, with the goal of strengthening the bonds once the effects were apparent.
As time goes by, you will eventually start to operate as one company and secure stability that will not be swept away by external waves.
Sun Yoon-ah had already made contact with major companies and acquired some of their shares or increased their investments. In other words, she had made early-stage fabless investments.
“I think it’s a good idea.”
Nora agreed.
Kirk, on the other hand, expressed doubts.
“There must be a reason why others haven’t tried it. For example, there is no guarantee of return on investment. That’s why I think a thorough analysis is necessary.”
Nam Yun-myeong was also given a chance to speak.
He believed in Seon Yoon Ah’s abilities. He also believed in the bright future that awaited Seon Yoon Ah.
At least if Seon Yoon Ah pushes for it, it won’t fail. That’s why.
“Let’s give it a try. If things don’t go as planned, we can give up then. The fabless industry is steady, so even if we resell it, we can get out without a big loss.”
Yun Se-bin also agreed with Nam Woon-myung’s promise.
“Then let’s continue.”
The fabless investment planned by Sun Yoon-ah has taken off.
Nam Woon-myung asked her with a bright smile.
“Can I ask what your ultimate goal is?”
“There are key companies in semiconductors. Korean companies in memory, Taiwanese companies in foundries. However, fabless is ambiguous. Of course, there are many companies that are leaders in system semiconductors, such as Apple, Nvidia, and AMD. We are trying to secure the world’s strongest companies in fabless.”
The more people who know about semiconductors, the more they will say that it is impossible. That kind of dream comes from not knowing what a fabless is.
However, Sun Yoon-ah is not a semiconductor expert, but a financial expert. Because she delved into finance, she can come up with unique ideas.
No one knows the outcome. Except for Nam Woon-myung, of course.
Kirk opened his mouth just before the fabless investment meeting ended and was about to disperse.
“While we’re here, may I make a suggestion?”
“Yes, please do that.”
Yun Se-bin nodded and listened to Kirk’s words.
“How much money is left in the Korea Asset Management Consortium?”
In fact, the only people who see through this part accurately are Yun Se-bin and Nam Woon-myeong.
The total amount became unclear as several LPs, especially sovereign wealth funds from each country, became involved.
“Why are you doing that?”
“I was wondering if you guys would accept more LPs.”
“The more money you have, the better.”
Thanks to the Abu Dhabi Investment Authority and Saudi PIF, there is some cash left. But with the recent acquisition of two beer companies and the addition of fabless investments and North Star, it is not enough. It may have to reach out to sovereign wealth funds again.
Of course, I took a deep breath when I decided to recover some of the assets I had previously invested.
“There is a place that wants to invest in the Korea Asset Management Consortium.”
“Where is it?”
“This is the Harvard University Fund.”
Dan Kirk’s wide feet certainly paid off.
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