虽为后起之秀，貔亿资本的野心并不小。

Although be rising star,Pi hundred million capital ambition is not small.

　　作为首家以投资俱乐部运作模式的全球投融资公司，貔亿投资融资以华人私人投资者为主。貔亿已分别在美国、英国、法国、德国、开曼群岛完成注册，关注全球矿业、地产、金融、钢铁、教育、制造业、新能源等领域的投资机会。

As the first to investment club operation mode of global investment company,Pi hundred million investment and financing in the Chinese private investors give priority to.She has Pi respectively in the United States/British/France/Germany/The cayman islands complete registration,Concerned about global mining/Real estate/financial/Iron and steel/education/manufacturing/New energy and other areas of investment opportunities.

　　9月貔亿资本将与美国驻华委员在美主办美中投资周活动，将在10天内带领国内投资者走访7个美国城市，对接美方包括议员、州长、市长等政治高端资源，并展开超过100场的具体项目考察。这被看做是中国民营资本入驻美国的最新进展。

September Pi hundred million capital will be stationed in China and the United States in the host of the investment week activities,Will be in 10 days lead domestic investors visit seven American cities,Butt the United States including senator/governor/The mayor political high-end resources,More than 100 games and carrying out the specific project investigation.This be regarded as China's private capital into the latest development of the United States.

　　貔亿资本总裁Jay Riskind表示，在未来的5-10年里，预计有1万亿-2万亿美元资本直接从中国流出。在投资之前与投资项目与人员进行面对面沟通对于中国投资者的投资决策是至关重要的。同时，美国投资市场也应该更多向外国私募开放，美方领导人也需要为建立互信提供基础。

Pi hundred million capital President Jay Riskind said,In the next five to 10 years,An estimated 1 trillion - $2 trillion in capital outflow directly from China.Before the investment and investment projects and personnel communicate face to face for the Chinese investors in the investment decision-making is very important.At the same time,The United States investment market also should be more change foreign private open,The United States leaders also need to provide the basis to establish mutual trust.

　　《21世纪》：全球宏观经济为貔亿带来了什么挑战？

[The 21st century]:Global macroeconomic for Pi she brought what challenges?

　　Jay Riskind：本公司在对宏观经济面临的最大挑战是如何有效地匹配流动性。我们看到了巨大的投资机会，在中国和海外都应该有与资本可以相应对接的价值链，但事实上缺少有效的投资渠道和结构。我们正在寻找跨境投资机遇，开拓新的领域来满足中国流动性的。

Jay Riskind:The company and the macro economy is facing the biggest challenge is how to effectively matching liquidity.We see the huge investment opportunities,In China and overseas should have and capital can corresponding butt joint of the value chain,But in fact the lack of effective investment channels and structure.We are looking for cross-border investment opportunities,To open up new areas to meet China's liquidity.

　　中介机构在金融业一直是受影响最严重的下降趋势，作为“卖方”不再像金融危机前的信任。我相信涉及中介机构和商业银行的“买方”，用自己的钱进行投资将成为新的趋势。

Intermediary institutions in the financial industry has been affected the most serious decline,as"The seller"No longer like before the financial crisis of trust.I believe that involves intermediary institutions and commercial bank"The buyer",With their own money for investment will become a new trend.

　　《21世纪》：如何预测你的行业在未来一年或两年的发展？

[The 21st century]:How to predict your industry in the future one year or two years of development?

　　Jay Riskind：我相信在经济发展中是有一些需求在被压制。在下一个阶段，中国的全球整合正在进行中，但文化的，政治的，经济的，关系的缺失和信息不对称防止了中国去追求更有意义的机会。中国企业正越来越多地寻求中国以外的竞争优势，同时美国/欧洲公司正在寻找新的消费扩展渠道。

Jay Riskind:I believe in the economic developing some demand is pressed.In the next stage,The full global integration of China is underway,But culture,political,economic,The lack of the relationship between information asymmetry and prevent the China to pursue more significant opportunity.Chinese enterprises are increasingly seek outside China's competitive advantage,At the same time the United States/European companies are looking for new consumption expansion channel.

　　金融业将更多的套利机会放在跨境需求上。当前的周期更让投资者倾向于低风险投资工具，如固定收益型衍生品和资产支持证券，以充分规避风险。股市的变化更多的是基于政治消息，而不是基本面驱动。这种趋势只能激励更多的波动性和风险价值投资者。我希望个人投资者应该更多的投资于私募以及他们能够了解的市场，以避免在公开市场获得不可预知的结果。

The financial industry will be more arbitrage opportunities in cross-border needs.The current cycle more let investors tend to low risk investment tools,Such as fixed income type derivatives and asset-backed securities,To fully avoid risk.The stock market changes is based more on political news,Rather than fundamentals drive.This trend can only motivate more volatility and risk value investors.I hope that individual investors should be more investment in private and they can understand market,In order to avoid in the open market, will be unpredictable results.

　　《21世纪》：全球宏观经济为企业运营带来什么样的影响？

[The 21st century]:Global macroeconomic for enterprise operation bring what kind of impact?

　　Jay Riskind：可以判断，在一个单一的市场越来越难以找到可持续的竞争优势。比如在生物技术领域，新产品有效地进入美国市场正在变得越来越多，但较大的发展中经济体（如中国）代表着巨大的自上而下的分销渠道以及不断改善的审批制度。很多跨国公司已经开始注重跨国比较优势，并通过非传统并购领域进行海外扩张，这给商业银行业带来了很多机会。

Jay Riskind:Can be judged,In a single market more and more difficult to find sustainable competitive advantage.For example, in biological technology field,New product effectively access to the American market is becoming more and more,But large developing economies(Such as China)Represents a huge top-down distribution channel and continuous improvement of examination and approval system.Many multinational companies have begun to pay attention to international comparative advantage,And through the merger and acquisition of non-traditional fields expand overseas,This gives the commercial banking has brought a lot of opportunities.

　　《21世纪》：如何把握全球投资的机会？你有没有采取任何行动？你有没有进一步的计划？

[The 21st century]:How to grasp the global investment opportunities?Did you take any action?Have you ever further plan?

　　Jay Riskind：机构投资者的资金正在变得更大，而投资理念更不个人化。散户投资者，专业投资者，资产管理公司为全球机遇感到兴奋，并希望得到更直接地参与。他们代表了真正的市场流动性。寻找他们能够保持激情的投资主题很重要的。没有一个好的故事10%-15%的年回报率也是枯燥的，只是在一个缓慢的市场保持一定的利率。

Jay Riskind:Institutional investors money is getting bigger,Investment philosophy and more personalized.Retail investors,Professional investors,Asset management companies for global opportunities feel excited,And hope to get more directly involved in.They represent the real market liquidity.Looking for them to keep the passion of investment subject is important.Not a good story 10% - 15% of the annual return is boring,Only in a slow market keep certain interest rate.

　　貔亿资本正在推出一个人民币和美元共同计价的全球房地基金，用来建立中国第一个环球房地产品牌。这个基金的目标是在未来的四年在香港上市，并帮助房地产品牌在世界各地开展业务。

Pi hundred million capital is offering a RMB and the dollar common valuation of the global real estate fund,Used to build China's first global real estate brand.The fund's goal in the next four years is listed in Hong Kong,And help the real estate brand in all over the world for business.

　　《21世纪》：本土化和国际化在跨国公司运营中哪个重要？

[The 21st century]:Localization and internationalization in multinational companies operating in which important?

　　Jay Riskind：本土化和全球化都需要。我们需要一个全球统一的设计，结构，管理团队，并聘请本地执行和交易团队。投资行业是高度信息化和关系驱动的，因此一年或两年内不可能重新创建本土化的信息优势。全球管理团队创建的视野及提供足够的资源，能给当地的团队带来更多机会。

Jay Riskind:Localization and globalization all need.We need a global uniform design,structure,Management team,And hire local implementation and trading team.Investment industry is highly informationization and relationships of the driver,So a year or two years may not to create localized information advantage.Global management team to create vision and provide enough resources,To the local team brings more opportunities.