Money Machine: A Trailblazing American Venture in China – Weijian Shan –

《Money Machine – A Trailblazing American Venture in China》

简介 Intro

《Money Machine: A Trailblazing American Venture in China》—— Weijian Shan

An extraordinary tale of an American firm’s astounding success in China

In Money Machine: A Trailblazing American Venture in China, Weijian Shan delivers a compelling account of one of the most significant deals in private equity history: the first and only foreign acquisition of control of a Chinese national bank. Money Machine is the fascinating inside story of the transaction as told by the man who led it, from the intrigues of dealmaking to the complex and uncharted process of securing control by a foreign investor of a Chinese nationwide financial institution, a feat that had never before been attempted, nor has it been repeated.

Shan also describes the astonishingly successful turnaround of the institution under the control of the American firm: the clash of cultures, the growth to strength and profitability, and ultimately, the extraordinarily profitable exit from the investment. In the process, he reveals new insights into how finance operates in China’s capital system and how private equity firms can add real value to companies. Readers will also find:

A peek behind the curtain of a process usually shrouded in secrecy: private equity dealmaking and moneymaking

The complex negotiations between American private equity executives and Chinese regulators to implement a series of unprecedented changes

The riveting details of the challenges that had to be overcome to return the bank to growth and profitability

An exceptional firsthand account of truly singular deal-making and money-making, Money Machine will be of interest to investment bankers, investors, financial analysts and anyone who appreciates a suspenseful, true-life story.

关键词：Money Machine;单伟建;金钱机器;

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Preview – Money Machine – A Trailblazing American Venture in China

读者评论 Readers\’ Comments

精彩程度不输Money Games。关于交易架构前后调整、交易节奏变化导致错失窗口的几章内容尤其精彩。

金融併购第二部收官之作, 任职NewBrifge Capital期间一手主导收购深圳发展银行锁定五年后与平安完成交易后退出, 画上了完美句点. 继《Money Games》之后又一部厚重沈甸甸作品, 详细勾勒了整个交易环节, 交易条款谈判, 撰述备忘绿Memo并及时更新汇报. 历尽艰辛曲折, 搭建一流管理层团队, 提升银行内部绩效, 降低不良资产, 拓展中小企业(SME)市场业务, 无不堪称典範. 期待先生金融三部曲之三.

继《金钱博弈》后，老单再次证明自己讲故事能力一流。即使是全英文，一旦读起来，就很难再放下。新桥资本对于深发展的控股投资是中国商业历史上的突破，估计以后也难以复制。作为教科书级的并购投资案例，我们从中看到基金通过引入资本、人才、治理为企业创造价值，将一家资不抵债的银行重振为优质银行；基金管理人的受托人责任，努力为投资人最大化回报；以及顶级dealmaker所需要的创造力、持之以恒的耐心和当机立断的决心。2023刚开头已经见证了硅谷银行破产，瑞士信贷贱卖，其他银行岌岌可危，通过深发展的案例，我们看到风险管理对于金融机构的至关重要性。书中关于如何与政府和监管机构打交道的回顾，估计也会引起其他中国投资人的共鸣。

近年度过的最好的一本书。简单明了但丝丝入扣。

作者 Author

Weijian Shan

Weijian Shan is chairman and CEO of PAG, a leading Asia-focused private equity firm. Prior to PAG, he was a partner of the private equity firm TPG, and co-managing partner of TPG Asia (formerly known as Newbridge Capital). Over two decades, Weijian Shan has led a number of landmark transactions that have returned billions of dollars in profit to his firms’ investors. Previously, Shan was a managing director of JP Morgan, and an assistant professor at the Wharton School of the University of Pennsylvania. In his youth, he spent several years working as a laborer in the Gobi Desert of China. He holds an M.A. and a Ph.D. from the University of California, Berkeley, and an M.B.A. from the University of San Francisco. Shan is the author of “Money Games: The Inside Story of How American Dealmakers Saved Korea\’s Most Iconic Bank” (2020) and “Out of the Gobi: My Story of China and America” (2019). His articles and commentary have been published in the Financial Times, The New York Times, The Wall Street Journal, Foreign Affairs and many other publications.