Fortress Investment Group: A Large Private Equity Firm Influencing the Business World

The founders of the Fortress Investment Group have only one thing in mind – to succeed in the business and finance industry. The creation of their ultimate goal is a dream-come-true for the company’s founders, and they promised that they would do everything to increase the presence of their business in the country and encourage the people to invest in them as well. The Fortress Investment Group would eventually become one of the world’s largest equity firms, thanks to the efforts of Wes Edens, Rob Kauffman, and Randal Nardone, the company’s founders. Through the years, they will be hiring additional people who would demonstrate their knowledge and abilities in leading companies such as the Fortress Investment Group. Peter Briger and Gareth Henry are among the few individuals that the company hired and contributed a lot of changes to the company’s good. Visit https://www.businesswire.com/news/home/20171227005358/en/SoftBank-Group-Completes-Acquisition-Fortress-Investment-Group

The Fortress Investment Group has been operating as a private equity firm for 20 years now, but they also had to gamble in their early days. The founders would have to invite business people to invest in their company during its infancy stage, but after they demonstrated their power to turn a small investment into a large one, many people started to contact the company, sharing their interest to become a partner.

The Fortress Investment Group continued to impress the experienced business people, as the company’s founders and executives have introduced their IPO in 2007. Many people showed up at the event, and they started purchasing shares and stocks from the company, amounting to $600 million. Introducing the company as an IPO at the NYSE has become their milestone, but the company continued to look for opportunities where they can grow further. This opportunity came in recently, as a Japanese conglomerate called the Softbank Group offered a contract with the company. The contract stated that the company would be under the ownership of the Softbank Group, with some of its key employees staying with the newly acquired company. The partnership costs $3.3 billion, and it is expected that the Softbank Group will be doing its best to manage the company effectively. Read more on bloomberg.com

GreenSky Credit considers what could be largest fintech IPO this year

GreenSky Credit has become one of the most well-established companies within the fintech space. The company was founded in 2006 by career entrepreneur David Zalik. Zalik had the idea for GreenSky when he was working with a number of the largest players in the home improvement space. He found an area where the industry’s business model was failing to close billions of dollars each year in additional sales.

He developed a technological interface that instantly connected qualified borrowers with some of the top lenders in the country. This enabled the additions of billions of dollars per year to the home improvement economy and almost instantly propelled GreenSky into the upper echelons of the fintech industry.

 

A good candidate for an IPO

Within three years, the company was doing hundreds of millions of dollars in loans each year. Over the last decade, GreenSky has roundly proven itself as a stable and viable means of generating billions of dollars of new loans. The company has reached a state of maturity that may make it an ideal candidate for going public.

Going public has a number of large advantages. It greatly increases transparency and liquidity, ensuring that all stakeholders get a fair shake while also providing the company with the capital it needs to continue expanding. While GreenSky Credit’s current value has been estimated to be around $5 billion, many analysts are predicting that the company’s value as a public firm could skyrocket to as much as $10 billion as almost all public companies trade at a premium to their private equivalents.

This would make the company one of the biggest fintech companies in the United States and would mark an incredible ascent for a company that had been financed and started completed by one man. But whether or not the company will ultimately pull the trigger on its IPO may be largely dependent on the whims of the market. With recent downturns, including in the fintech sector, it may be impossible for the company to follow through. Regardless, the chance of GreenSky eventually going public is high.

https://greensky.secure.force.com/portal/MerchantLogin

Stream Energy Honored As One of the Companies That Minds the Community It Serves

In March 2018, patch.com documented Stream Energy as one of the giant US-based company that cares about the community it serves. The proclamation was made after Stream launched Stream Cares Foundation, a charity that would help the destitute victims of Hurricane Harvey.

A Spotlight on Stream Energy’s New Foundation

Stream’s management says that it launched their charity organization to reinforce their philanthropic activities. They have been supporting important causes like healthcare, education, and women empowerment since their inception.

Stream Cares Foundation will help Hurricane Harvey’s victims to start a new life after Harvey’s floods swept their homes, valuables, pets, and even their loved ones. In particular, the charity would help the victims to reconstruct their homes, as well as start economic projects that would mend their financial health.

Speaking after the initiation of the charity, Stream Energy’s senior management attested that their company’s generous act was a classic illustration of corporate philanthropy. Moreover, the management acknowledged that giving back to the society was part of their brand.

While Stream Cares Foundation’s primary role is to support the underserved community, CSR experts say that the act would improve Stream’s reputation. Furthermore, it would enhance customer loyalty, as well as woo prospect consumers.

About Stream Energy

Stream Energy is a direct marketing company that was founded in 2005. The company specializes in telemedicine, virtual healthcare, telecommunication, and other crucial consumer services.

Besides, the direct selling company focuses on home services, renewable energy, investing, natural gas, and protective services.

What is direct marketing? It is a business strategy whereby a company promotes its products or those of its affiliates directly to the consumer. The process does not involve a middleman. Instead, it directly persuades a potential customer to visit the manufacturer’s website, and or make a purchase.

In less than two decades, Stream Energy has made tremendous achievements. It generates annual revenues of up to $8 billion, and it is honored as one of the most reputable electric retailers in the United States. At present, Stream serves New York, Ohio, Texas, Maryland, Georgia, and some select US states. It hires about 500 employees.

Shervin Pishevar states that every asset class is currently overvalued

Shervin Pishevar has been one of the most successful venture capitalists in the world of tech. He has founded many companies, including Social Gaming Network, Ionside and WebOS. He has also been one of the key players in the formation of such companies as Uber, Airbnb and Virgin Hyperloop.

But Shervin Pishevar is also one of the most vocal analysts of the state of the U.S. economy throughout the world of social media. Shervin Pishevar operates one of the most heavily followed Twitter feeds of anyone in the world of tech. And he has expounded on nearly every topic of national importance with an oratorical skill that has made him the center of attention among the Silicon Valley intelligentsia.

One of the things that Shervin Pishevar has repeatedly been warning about is the overvaluation that is currently seen throughout the United States in virtually every asset class. As a longtime resident of the San Francisco Bay Area, Pishevar has watched as real estate values have skyrocketed to stratospheric levels, making even the most basic housing throughout the region completely unaffordable for anyone not making a top-1-percent salary.

Pishevar says that, while this has been a generally positive development for those who bought and held property over the last two decades there, the long-term consequences may prove to be dire. The middle-class, the engine of the local economy, has been fleeing in droves for over five years. And, increasingly, young people are finding it impossible to form families, thus depriving the area of the most important source of consumer spending: middle-class families with children.

But Pishevar says that the asset bubble is hardly contained just to San Francisco real estate. He says that the equities and bond markets are also badly overvalued even at levels more inappropriate than those seen in housing. He says that, ultimately, the real problem that investors currently face is that there simply is no safe harbor. Even cash, which is put at risk by the threat of future currency-debasing actions of the Federal Reserve, is not completely safe. Pishevar says that investors may ultimately need to turn to offshore assets.

https://www.cnbc.com/video/2017/09/21/hyperloop-is-not-just-a-fantasy-its-real-shervin-pishevar.html

The Success story of OSI Industries

Brief History

A shop that started as a butchery in the neighborhood run by an Immigrant from Germany, OSI Industries is a leader in supply meat products to the world’s leading brands. With no time, OSI Industries won a tender of supplying meat products to McDonald’s before expanding be becoming the sole supplier of the chain of restaurants across the world. In the last quarter of the century, the company has branched out both at home and in overseas into various new and different ventures. The future of the investment is still very bright, and there is a lot of markets to conquer out there.

Crunch base Recap of the company

Under the leadership of David McDonald, OSI Industries has been having a sharp arc of growth since the beginning of the millennium. From a small butcher shop run by an Immigrant from Germany in the neighborhood of Chicago to the world, the brand has taken time, a vision and money to scale to this level. After being in operation for some time and learning the rules of the game, the company started supplying meat products to McDonald’s restaurant chain of restaurants.

The company success is primarily attributed to the management team and dedicated employees who ensure that the customers and business partners are satisfied. From a small neighborhood butchery to a globally recognized brand has never been an easy journey. According to the company Chief Operations Officer(COO) and chairman, choosing the right business partners has been the key to pushing their brand to the international market. According to the CEO CFO magazine’s interview with Mr McDonalds, he said that ever since he came on board thirty years ago, OSI Industries has always had the urge to grow bigger and better.

Through its venture with the McDonald’s chain of restaurants world worldwide, the organisation had managed to open new branches and chains internationally. Additionally, the enterprise has over 20,000 employees, in its 65 facilities located in about 65 countries. At the moment, the company is ranked among the largest owned privately owned business ventures in the united states. It was ranked position 58, with a net worth of 6.1 billion US dollars in 2016.

OSI Industries is a global leader and pacesetter for all the other companies in the meat processing space. Its vision, endurance and experience of both the staff and management has pushed the organisation beyond its boundaries.

Randal Nardone and Mr. Son Dedication in Fortress Investment Group

Randal Nardone is featured in position 557 in the list of billionaires. Nardone schooled in the University of Connecticut where he earned a Bachelor of Arts in English and Biology. He also attained a Doctorate Degree in Jurisprudence from Boston University. He is the co-founder of Fortress Investment Group which was launched in 1998. Randal Nardone also serves as the Chief Executive Officer (CEO) and Company Operating Officer (COO) of this company. Randal Nardone has been the Principal from 1998 and the Chief Executive Officer from 2013 of Fortress Investment Group. This company is famous for offering credit funds as well as management of the private-equity pools. Softbank purchased fortress Investment Group for 3.3 billion US Dollars due to their desire in six investment specialty pools of Fortress.

The six investment specialty pools put money in various industries ranging from digital marketing industries to mortgage services in conjunction with golf courses. Softbank has a feeling that it has the potential to double the assets of Fortress in the coming few years. The money that is under the management of Fortress Investment Group comes from the Middle East and Asia in the ration of 3 is to 7 respectively. As per the well-acquainted people, Mr. Son of the Softbank has a great network of billionaires and sovereign funds. Softbank is planning to assemble the former Wall Street group of salesman and traders who have connections to Abu Dhabi and Saudi Arabia.

Softbank gained a team for purchasing Fortress Investment Group. It has asset management in the back office. Mr. Son is planning to establish a company that just like Berkshire-Hathaway. Softbank was initially an internet and telecommunication company. With Randal Nardone as the Chief Executive Officer of Fortress, there has been experiencing tremendous growth. Softbank bought Fortress Investment Group for 8.08 US Dollars share as at February. The price has increased by 39 percent compared to the Fortress closing stock during its purchase. Mr. Son has a plan of maintaining the Fortress business structure with just a few changes. The Fortress Investment Group employees always feel that they are working with a smart and knowledgeable crew. Fortress has a highly promising trend that is likely to bear more returns in the future.

Randal Nardone has made an incredible contribution towards the development of Fortress Investment Group. He has vast managerial skills that he has implemented in the operation of this company.

Ted Bauman, Author, Editor and Philanthropist

Trained as an economist, Ted Bauman emigrated to Africa in the 1980’s after growing up in the United States. After moving to South Africa Ted Bauman became intensely engaged with the evolution and execution of urbanization and post-apartheid economic policies.

Throughout the 1990s and 2000s, he had been a consultant to various entities, such as European and African authorities as well as the United Nations. He traveled widely throughout Asia and Africa during this time, creating a keen understanding of the connection between political and economic dynamics in a variety of societies.

In 2008, he returned back to the United States and went to work as the director of their internal programs. By utilizing his economist history, he developed a focus on methods to evaluate organizational sustainability and efficacy.

Ted Bauman began working at Banyan Hill Publishing in 2013 as an editor. He started out part time with aiming to follow in his father’s footsteps. Implementing his economical training and extensive international expertise to his writings and immediately became a favorite voice within his own right.

Ted Bauman currently edits a monthly publication called Bauman’s Letter, which is dedicated to assisting readers in preserving and securing their own prosperity through innovative investment, personal and legal plans. His readership has become the most popular with the more than 100,000 subscribers to the Banyan Hill team.

Bauman has expanded his writing with a algorithmic trading system that he developed. He has been able to present a wider perspective to provide readers with a unique insight on things that connect them with profit, as well as things that threaten it.

Ted Bauman has spent his whole life helping place people directly in contact with the tools they require to lead an autonomous life, free of political supervision and corporate greed.

Throughout his 25-year stay in South Africa, he served in a wide range of executive functions, chiefly as a finance manager for low-cost home projects. He co-founded Slum Dwellers Internationals, and they have assisted millions people around the world.

Louis Chenevert Is Inspiration For All With Inspiring Life Story

The story of Canadian businessman Louis Chenevert is one of inspiration and encouragement for many. Chenevert has used hard work and skill development to climb from production manager for General Motors to become the Chief Executive Officer for United Technologies Corporation before finally becoming a trusted advisor for Goldman Sachs.

 

The accomplishments of Chenevert is a reminder to all that it really does not matter where a person starts in life, it matters only where they end up.

 

Louis Chenevert was born in 1958 and is a native of Montreal, Quebec. He experienced a typical Canadian childhood and became interested in business and entrepreneurship at a youthful age. Chevert also understood at a young age that hard work and dedication to his goals would be the key to him realizing future success.

 

Chenevert majored in product management at the University of Montreal’s HEC Montreal Business School. Production managers play an integral role with companies and assure that products are produced that are high-quality while assuring the overall efficiency of operations.

 

Louis Chenevert landed his first job with General Motors of St. Therese, Quebec once finishing his degree requirements. Guy Hachey, the man responsible for hiring Chenevert was impressed with Chenevert immediately and never regretted the decision. Hachey made Chenevert responsible for the assembly line for the company’s Montreal assembly line.

 

Chenevert manned his position with General Motors for 14 years before deciding it was time for a change. Another employee with the company, Karl Krapek, was also researching other industries and advised Chenevert that the aerospace industry could possibly be the way to go. Krapek felt that Chenevert’s background on the assembly line could be of benefit to him in this endeavor.

 

Louis Chenevert joined Pratt and Whitney Canada in 1993. PWC is a company that manufactures aircraft engines and is located not far from Montreal. PWC was a division of the larger United States based Pratt & Whitney, which is under the UTC umbrella. Chenevert moved on to P&W in 1996 as the vice-president of operations.

 

Following an excellent tenure with P&W, Chenevert continued his upward ascension of the career ladder and moved on to UTC. While with UTC, Chenevert progression continued and he was rewarded for his many years of performance with a promotion to company president and CEO in 2008.

 

Louis Chenevert officially retired in 2014 but remains active in advisory roles with a variety of business and charitable interests including the prestigious Goldman Sachs.

 

https://medium.com/@louischenevert6/who-is-louis-r-chenevert-c1ae95052bce

Kerrisdale Capital and Sahm Adrangi Have Issued A Negative Report Regarding The Kodak Company

A negative report has been issued by Kerrisdale Capital and Sahm Adrangi. This report concerns the Eastman Kodak Company. Sahm Adrangi is the Chief Investment Officer for Kerrisdale and believes both KODAKCoin and KODAKOne are critically flawed. He does not believe these companies are capable of providing the Kodak shareholders with any material benefits. He feels the only reason the shares have risen is unjustified hype.

The lead developer for KODAKOne is WENN Digital Inc. The strategic advisors are AppCoin Innovations Incorporated and KODAKCoin ICO. These companies both have extremely dubious backgrounds. Sahm Adrangi has spoken of the Kodak members of the board of directors. The day prior tp KODAKOne being officially launched these board members took it upon themselves to grant restricted stock among the members of the board. This act is considered suspicious and has drawn the possible risks and repercussions of an investigation by the SEC.

The announcement made by Kodak regarding their partnership is not believed sufficient to save the business from the steadily decreasing revenues, mounting risk of default and negativity of the free cash flow. These are many of the reasons the private investment manager of Kerrisdale Capital and Sahm Adrangi have had a negative report published. The company additionally explained their short position in regards to Eastman Kodak Company. This is a commercial imaging and printing business. Since the partnership was announced to launch an image licensed platform that is enabled by the blockchain and photo centric currency their stock has increased by 187 percent.

Kerrisdale Capital Management and Sahm Adrangi believe these announcements were nothing but an empty attempt to pursue the ICO craze. They additionally believe this will not offset the unsustainable capital structure and poor fundamentals of Kodak. Kerrisdale will be hosting a conference call to discuss the report they have published regarding the Kodak company.

Kerrisdale Capital Management, LLC is classified as a fundamentally oriented manager for investments. The manager of the company is Sahm Adrangi. He has placed his focus on investments deemed to be valuable for the long term. He additionally concentrates on special situations driven by events.

http://www.zerohedge.com/news/2017-05-09/kerrisdale-capital-reveals-latest-short-selling-target-will-it-be-next-straight-path

How Jim Dondero Turns Alternative Investment Bets Into Wins

Jim Dondero co-founded alternative investing firm Highland Capital Management in 1993 and continues to serve as the President of the company. Under his leadership, the company has over $15 billion in alternative assets under management. He’s made a number of daring calls during his time with Highland Capital Management, including investing in American Airlines when everyone else was running away from its stock and buying Argentina’s currency when the country was seemingly mired in unsolvable problems.

While one would think that someone willing to take these types of bold moves would be outspoken and brash, Jim Dondero is actually introverted and prone to more thinking than talking. This has served him well in his career as his thinking has led to great gains for Highland Capital Management and its clients.The initial alternative investment class that Jim Dondero focused on when founding Highland Capital Management was on nonbank collateralized loan obligations. He was a pioneer in this asset class and success in this led to the company to soon start investing in other alternative investments. They launched their first mutual fund in 2000 and have continued to introduce new funds ever since.

Jim Dondero has been in the financial industry for over 30 years. After graduating from the University of Virginia with top honors he started his professional career at Morgan Guaranty. Before founding Highland Capital Management he also worked for American Express as a Portfolio Manager and Corporate Bond Analyst, and at Protective Life as its Chief Investment Officer.Jim Dondero strongly believes in giving back to the community.

He supports a number of nonprofits including those that are involved in education, public policy, and veteran’s affairs. Since 2005, Highland Capital Mangement has donated more than $10 million to various charities around the world. Among the many nonprofits he has supported are the Wolf Museum of Exploration + Innovation, the Dallas Zoo, the Center for Brain Health, and the George W. Bush Presidential Library. He also donated his expertise and time, including being named as a member of the Executive Board for the Cox School of Business which is located at Southern Methodist University.