Ant's gold suit will share the proportion of Pettibone fund shareholding 30%

February 11 News, Sina Finance learned that pay treasure parent company Ant will participate in Pettibone fund, shareholding ratio is currently determined to 30%. Prior to that, because Tianhong fund two shareholder Nem Mongjun is slow to increase the capital, resulting in the ant has not been successfully invested in the days of Hong Fund, ant gold clothing This may be in order to give up the day Philip Fund to prepare.

According to sources close to both sides revealed that the current Pettibone fund and the Ant has signed a framework agreement, the ant will take the form of increased capital Shares Pettibone fund, the shareholding ratio of 30%.

It is understood that this framework agreement also agreed that, under the premise of the law and Regulations, the ant has the right to increase the proportion of the shareholding to 60%. The source did not disclose the specific amount of the shares.

Public information shows that, founded in 2012, the Pettibone fund, registered capital of 200 million yuan, is the SFC approved the establishment of the 70th Fund company. Existing shareholders include Pettibone Securities, Xizi United Holding Limited liability company, Zhejiang Province indigenous livestock and animal import and Export Group Co. By the end of 2014, the Pettibone fund managed assets of 4.64 billion yuan.

Prior to this, the ant to take a stake in the days of the fund because of Tianhong Fund two shareholders Nem Mongjun is not finally completed, this time, the Ant Pettibone Fund is also let people imagination.

June 2013, the ant gold clothing under the payment of treasure to launch the Balance Treasure Service, Tianhong fund to become the balance Bao Cooperation Fund company. In the balance with the treasure before cooperation, Tianhong fund Management Fund scale of about 9.95 billion yuan, the industry ranked in 50. At the end of 2014, only the balance treasure docking of the increase in the size of the money fund to reach 578.9 billion yuan, Tianhong fund status jumped.

October 10, 2013, a few months after the release of the Balance Treasure, Tianhong Fund of the original two shareholders Nem Mongjun is issuing a notice, said Nem Mongjun and Tianhong Fund other shareholders and Zhejiang Alibaba E-commerce Co., Ltd. (now renamed as "Ant Golden Clothing") on the Tianhong fund to increase capital expansion and comprehensive business cooperation to reach a framework agreement. Ant to 1.18 billion yuan to become Tianhong fund new major shareholders, accounted for by the increase of the Fund of 51% of the shares, Nem Mongjun is also contributing 69.43 million Yuan subscription tianhong fund 15.429 million yuan registered capital.

After the grant of the agreement, the Ant and other relevant parties have paid the contribution, obtained the certificate of investment and the list of shareholders, however, the original two shareholders Nem Mongjun is still delaying the increase in capital, resulting in the ants Gold Clothing Holdings Tianhong Fund's industrial and commercial change registration has not been completed. Last December, Ant Finance to the China international Economic and Trade Arbitration Commission (Nem Mongjun) to arbitration, when Tianhong fund, ant gold clothing all said the balance treasure business operation is not affected.

According to the relevant regulations of the SFC, a corporate investment fund company can only "one to one control", that is, can only hold a fund company and a fund company. Therefore, in the case of already holding the Tianhong fund, the Ant-Pettibone fund can only be the form of equity participation.

The source said, if because of Nem Mongjun obstruction caused by the ants Gold Clothing Holdings Tianhong fund transactions can not be finalized, ant gold Clothing will immediately hold Pettibone fund, also does not exclude the balance treasure follow-up will be converted to cooperation with the Pettibone Fund and even exclusive cooperation. "In order to balance the size and influence of treasure, ant Gold Clothing will be prepared with two hands." ”