Money Machine: A Trailblazing American Venture in China by Shan, Weijian

Money Machine: A Trailblazing American Venture in China (Hardcover) (ISBN-13: 9781394161201)

Vendor: Weijian Shan
Product type: Books
Format: Hardcover
$34.95
$34.95
$34.95
Subtotal: $34.95
Money Machine: A Trailblazing American Venture in China by Shan, Weijian

Money Machine: A Trailblazing American Venture in China

$34.95
Money Machine: A Trailblazing American Venture in China by Shan, Weijian

Money Machine: A Trailblazing American Venture in China

$34.95
Format: Hardcover
Description
Description
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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.

Author: Weijian Shan
ISBN-10: 1394161204
ISBN-13: 9781394161201
Publisher: Wiley
Language: English
Published: 02/07/2023
Pages: 336
Format: Hardcover
Weight: 2.20lbs
Size: 9.06h x 6.06w x 1.18d

By Weijian Shan
By Weijian Shan
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WEIJIAN SHAN is Co-Founder and Executive Chairman of PAG, a leading private equity firm in Asia. Formerly, he was a partner at the private equity firm TPG and co-managing partner of TPG-Asia (formerly known as Newbridge Capital). Prior to his career in private equity, Shan was, at different times, a managing director at JP Morgan and a professor at the Wharton School of the University of Pennsylvania. He holds an MA and a PhD from the University of California, Berkeley, and an MBA from the University of San Francisco. Shan is member of the Board of Trustees of the British Museum and the International Advisory Council of the Hong Kong Stock Exchange. He is also the author of Out of the Gobi: My Story of China and America and Money Games: The Inside Story of How American Dealmakers Saved Korea's Most Iconic Bank.

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