Wes Edens the Co-founder of Fortress Investment Group

Wes Eden is a co-founder and principal of the board of directors of the Fortress Investment Group. He graduated from Oregon State University where he got his Bachelor of Science in finance. Wes Eden is in charge of private equity of the Fortress Investment Firm which invests in real estate, healthcare, media and infrastructure. Before joining the firm Eden was a partner of Lehman Brothers since 1987 which is a leading investment bank worldwide, that deals with fixed income sales, trading, private banking and private equity. Up to 1993, he worked there as a managing director. He later became the managing director of BlackRock Financial Management Inc. until 1997.

Wes Edens received $512 million when he sold his stock. In 2017 he got $11.4 million from bonus dividends from the deal and also received $1.4 million more from his unfixed shares. Together with his partners like Peter Briger from the Fortress Investment Group, he became a billionaire. Primarily the former Lahman Brothers team founded the Fortress group in 1988 together with Randal Nardone and Robert Kauffman. After 4year other members like Briger joined the group. The team sold their assets to Nomura a Japanese Investment Company at $890 million. Wesley Eden got $100 million additional earnings from 2005. In 2008 Wes Edens held the 962 position in the Forbes billionaire list. Since 1998 he has served the fortress firm for 6years.

The Fortress Investment Group Employees said that despite the challenging environment most employees are friendly and this helps to promote teamwork and a decidedly more comfortable communication platform. They also described the human resource as outstanding and also congratulated the firm for providing them with broad exposure to multiple industries and other fields.

Wes Edens is a co-owner of an NBA team named Milwaukee Bucks. He is also the owner of a video game named Leagues of Legends that was established for Microsoft Windows. He recently said that Fortress Investment Group would be launching a Sports team called Fly Quest. The Fly Quest has gotten a global recognition and the e-sports according to Wes Edens it’s progressing rapidly. Wes Eden expertise in sports and will most likely guarantee a win for the Fly Quest. He was on the list of high earning Private Equity Executive. According to Fortress group report, his total salary added to $200,000 average salary it amounts to almost $1.1 million awards in stock, $478,493 allowance and $11.6 million bonus.

Managing Finances with Southridge Capital

Southridge Capital was founded by Stephen M. Hicks, who also serves as the company’s CEO. The company has been operational since 1996 with employees ranging from 11-50. Their headquarters are in Ridgefield in Connecticut. The company has played a vital role in bringing back companies back to glory and uplift others too.

 

The Company’s objective is to offer ingenious financial solutions to all sorts of companies. The company is backed up by an experienced as well as informed of the market structure. Therefore, they deliver results based on the needs of the client. Southridge Capital offers financial assistance to companies facing bankruptcy as well as uplifting those in bankruptcy through reconstructing analysis. Thus, companies are on their toes concerning managing finances and earning.

 

The company takes pride in investing $1.8 billion into growing more than 250 companies since they began in 1996. Their more than qualified team with an ample skillset at their disposal is keen to point out problems in a company and provide or the best solution. The company can be sort after for services such as financial analysis, balance sheet optimization which is under the advisory umbrella. They also take part in merging and acquisition to help identify the right business portfolio a merger candidate will access.

 

Southridge Capital ensures the securitization of companies by exploiting opportunities that aid in financing the institution itself. They expound on requirements needed by the law to companies with the aim of settling litigation. Besides, Southridge offers convertible preferred stock, convertible debentures, loans against common shares, Equity purchase agreements as well as cater for fiscal issues and purchasing of curation solutions. Their services automatically increase the income of companies steadily.

 

Southridge Capital has maintained its prowess in the ability to formulating a working financial plan to its client base, reflected by the results they achieve.

 

Apart from offering financial solutions, Southridge enhances community leadership, team building, and volunteer work. Participation in social empowerment through faith charities and non-profit organizations shows how socially responsible they are. Some of the charity organizations are Eric B. Memorial Fund, Ridgefield Community Centre, Lounsbury House, among many more.

For more info you can check out their facebook and twitter account.

Peter Briger is not only the Co-Chairman and Principal at Fortress Investment Group but also a guru in financial areas of expertise like alternative asset management and investments.

Peter Briger is recognized as a well-known financial guru. He is also Co-Chairman of the Board and Principal at Fortress Investment Group. Briger has an extraordinary record for brokering mergers and acquisitions both domestically, and internationally. A short time after Peter Briger was hired by Fortress Investment Group he took action by constructing Fortress’ real estate and securities business sectors. When the Fortress Investment Group hired Peter Briger, they were contemplating changing their core business model and move away from equities.Before Peter Briger worked at Fortress Investment Group, he worked at Goldman, Sachs and Co. Briger worked for Goldman for approximately 15 years. Peter Briger was promoted to Partner at Goldman in 1996. During his tenure at Goldman, Sachs, and Co., Briger was on many different committees. The committees included the Asian Management Committee, the Japanese Executive Committee, and the Global Control and Compliance Committee.While at Goldman, Sachs, and Co., Peter Briger also co-founded the Special Situations Group.

Peter Briger and this group were deemed responsible for being Goldman’s main revenue stream when the markets were reeling from the stock bubble that burst in 2000. Because of Briger’s educational background, wise investing, and business savvy, Briger’s employer, Goldman, Sachs, and Co., endured.Besides Peter Briger’s interest in alternative equities and troubled assets, Briger had considered getting involved in cryptocurrency. Briger had discussed partnering with a big bank in 2014 to create a regulated, Bitcoin exchange, here in the U.S., but they refused Briger’s idea.Over the years Peter Briger has provided both time and financial endowments to philanthropic causes.

Peter Briger, along with some of his fellow Princeton alumni, provided gifts to their alma mater in 2015. The endowment was given by the three alumni to develop a pilot funding program called the Alumni Entrepreneurs Fund (AEF). The AEF was created to assist new Princeton graduates who were interested in founding companies or deciding on choosing an entrepreneurial path. AEF provides alumni startups with up to $100,000 dollars in the form of matching funds, peer-to-peer learning, or mentorship over one year.In 2007, Briger’s approximated worth was $2 Billion dollars according to Forbes. At 43, Peter Briger had 66 million shares of Fortress shares.Peter Briger has a noteworthy educational background. Briger completed a Masters in Business Administration (MBA) from University of Pennsylvania’s Wharton School of Business, and also earned a bachelor’s degree in 1986 from Princeton University.

SoftBank Makes Great Deal Purchasing Fortress Investment Group

Why would SoftBank Group Corp. acquire Fortress Investment Group LLC for $3.3 billion in cash? We need to understand who is SoftBank Group Corp. We also need to understand who is Fortress Investment Group.SoftBank has agreed to invest $50 billion in the United States. This was one of the deals that President Trump made to bring companies to America. Now, SoftBank has spent $3.3 billion acquiring a private equity and asset management firm, Fortress Investment Group. Some may not understand this marriage between a technology focused company and a private equity firm. One man, Jesper Koll, who is CEO of WisdomTree, called the move a “visionary strategy.”SoftBank group has been a global technology company. They have a global portfolio of companies. The companies in their portfolio include telecommunications, internet services, AI, smart robotics, loT and clean energy technology providers. SoftBank also has an investment arm called SoftBank Vision fund. When SoftBank Vision Fund invested $450 million in Compass, a real estate technology company, it was called the “largest real estate technology investment” in U.S. history.

To fully understand the whole deal, you need to see who is Fortress Investment Group. Fortress Investment Group focuses on investing in undervalued assets and distressed illiquid credit Investments. They have invested globally. The Fortress Investment Group has a team of professionals who have the expertise to evaluate the value of a company and their assets. This form of investing is very complex and difficult to understand, but it definitely gives you a leg up on your competition when you are evaluating a company’s value. They have approximately $43.6 billion of assets under management as of December 31, 2017. Fortress manages assets for around 1,750 which are both institutional clients and private investors.We need to get further understanding about the value of the deal between SoftBank and Fortress Investment Group. Fortress focuses on asset-based investing. Their private equity team has experience in evaluating physical and financial assets.

They have focused on a wide range of companies from railroads, airplanes, solar facilities, real estate, loans and leases for both commercial and consumer assets. When you invest in asset-based investing, it has a layer of protection because you have an asset like real estate to back up your investment. This will allow a foreign company, SoftBank, added risk protection. One can see that SoftBank made a fantastic deal when they bought Fortress Investment Group. They bought Fortress at a huge discount, yet the value of the investment team from Fortress will bring tremendous value to SoftBank. SoftBank will be able to utilize a firm that has evaluated companies across many industries and many countries. SoftBank will definitely benefit from Fortress Investment Group’s vast investing experience. SoftBank has only spent six percent of their investment commitment that they made with President Trump. But now, they have the added benefit of being able to evaluate distressed companies which can lead to greater returns. Since they invested in Fortress, they have an expert in this industry.

Is Creating Your Own Crypto Platform Still Viable? Malcolm CasSelle Believes So, And He’s Working To Prove ItIs Creating Your Own Crypto Platform Still Viable? Malcolm CasSelle Believes So, And He’s Working To Prove It

As the largest global bitcoin merchant, OPSkins has had a lot of expectations set for it and is forced to handle a tremendous number of transactions on a daily basis, while still maintaining fast transaction times with low overhead. The world leader in virtual asset sales, primarily dealing with video game items, OPSkins has quickly risen to the top by offering borderless international transactions and little to no third party involvement. However, they’ve also begun to distance themselves even further from centralization via their own crypto token.

WAX, which is the acronym for the worldwide asset exchange platform; a blockchain platform based on smart contract technologies, and created for the sole purpose of handling virtual asset transactions efficiently. Acting as a peer-to-peer asset marketplace, WAX provides its users with specialized tokens and a decentralized core that allows users from around the globe to use it without any interference from outside sources or centralized banks. However, one of the most impressive features of WAX is that it allows anyone to develop and manage their own virtual asset marketplace without the need for investments in transfer security, infrastructure, or even payment processing, as all of these factors are handled by WAX.

Malcolm CasSelle

As the President of WAX, and the CIO of OPSkins, Malcolm CasSelle brings a number of skills to the table. With experience in blockchains and crypto, degrees from MIT and Stanford, and an impressive career in the tech industry, he’s more than qualified to create his own crypto network, which is exactly what he’s done with WAX.

Before he worked with OPSkins and WAX, he had taken on leadership roles within numerous startups, beginning as the co-founder of PCCW, a telecom company in Hong Kong, then going on to lead successful startups such as Xfire and MediaPass. Later on, he served as CEO of Timeline Labs until it was acquired by SeaChange Int’l, after which he served as the SCP and GM of Digital Media there. Eventually going on to serve as President and CTO of Tribune Publishing, and, finally CIO of OPSkins, after which he created the WAX platform.

Todd Lubar Is Helping People To Fulfill Their Dreams

Todd Lubar is the president of TDL Global Ventures. The motivation behind the idea of TDL Global Ventures was his deep desire to see other people achieve their dreams. Todd realized that there were many barriers in the lending industry. Such restrictions made it difficult for people to secure urgent loans. Todd is uses his past experiences in the mortgage banking industry to provide visionary leadership at TDL. He is involved in every aspect of his business to enable him make more informed decisions. Todd believes in hard work and a constant reminder of his goals. Todd Lubar has cultivated a culture of trust and transparency among his team members, thus enabling TDL to register impressive growth. He is thrilled by the rapid evolution in the home remote functions given that he is now able to control most of his household electronics using a remote.

About Todd Lubar

Todd Lubar’s career started at Crestar Mortgage Corporation where he rendered his services as a loan originator. He gained much knowledge on conservative mortgage banking. These skills have been beneficial in his career life. Later, Lubar joined Legacy Financial Group on an equity position. Here, he sharpened his lending capabilities through loan brokerage. Armed with adequate experience, Todd believed that he had what it takes to own and manage a company. He established a residential development company, Legendary Properties LLC. This corporation specialized in the acquisition, rehabilitation, and marketing of over 200 properties. In 2003, he founded a financial company Charter Funding. The company is a unit of First Magnus Financial Corporation.

Charter Funding helped Lubar to grow his lending business due to the availability of products and programs offered by the parent company. Later, he zeroed in on ensuring that underserved clients could access loans. Most people could not secure loans from traditional lenders. Legendary Financial LLC, a subsidiary of Legendary Properties, is a commercial lending firm for both individuals and companies. In a report by Hackronym, through this company, Todd has completed over 700 transactions, an experience that has improved his skills on alternative lending. In 2008, the real estate industry started experiencing challenges. This way, he invested in other fields, including commercial demolition and scrap metal recycling business. Presently, he resides in Bethesda, Maryland.

See more: https://www.linkedin.com/in/todd-lubar-a3330565

George Soros uses unique philosophy to conquer markets

George Soros is unique among investors in that he has relied, throughout his career, on a keen understanding of philosophy, rather than just understanding the mechanics of the markets. Long having a strong interest in academic pursuits, Soros didn’t come to the markets until a much later age, after a period of unemployment that serendipitously ended with a friend from college urging him to apply at his father’s Wall Street trading firm.

Soros long harbored a love of philosophy and of academic work. Growing up in a Jewish household in Hungary during the 1930s, he was exposed to the excesses of nationalism run-amok. During the War years, Soros’ extended family was viciously hunted down by Nazi invaders, with some of them ended up languishing in death camps and even dying there. Learn more on Discover the Networks about George Soros.

This experience had a profound impact on Soros’ early intellectual development. He decided to apply to Oxford to study philosophy. He was accepted, studying under famed professor Karl Popper. Popper was best known for his seminal work the “Open Society and Its Enemies”. This book would have a profound impact on sources developing philosophies of both the world and functioning of markets. He would go on to name his flagship philanthropic organization, the Open Society foundations, after the book’s title.

After graduating with a master’s degree in philosophy, Soros ended up wandering the English countryside, doing a series of menial jobs, none of which he found the slightest bit stimulating. After working dead-end jobs for approximately five years, Soros decided that he had had enough. He applied to a Wall Street firm at the urging of a friend and was quickly hired.

Over the next 15 years, George Soros bounced around from one Wall Street trading firm to the next. During this time most of his co-workers described him as being a man it completely engulfed in thought and the expanding of his own philosophical works. It was during this time that Soros first came up with the idea of reflexivity, a philosophy that held markets were not only inefficient but were entirely irrational the majority of the time. This philosophy stood in stark contrast to the reigning orthodoxy of the time. Soros’ philosophy seriously, but it would be he who had the last laugh.

After starting his own hedge fund in 1972, Soros went on to apply his theory of reflexivity to the actual markets. This experiment proved enormously successful. Soros ultimately would go on to generate over 25 percent return per year over a 40-plus year career. This ranks as one of the most spectacular achievements in market history and makes Soros, perhaps, the greatest investor who has ever lived.

Read more: http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267

Bruce Levenson to Come Out on Top

Bruce Levenson has led an interesting life. He grew up in the northern suburbs of Washington D.C. He moved from there after high school to attend Washington University in St. Louis. After obtaining his bachelor’s degree in Politics he went on to get his law degree from American University. While attending American University, he started working as a journalist for the Washington Star.

In 1977, he and Ed Peskowitz decided to start their own paper that focused on developments in the oil industry. The United Communications Group was the name of the company and it began above Levenson’s father’s liquor store. As time went on they began obtaining other newsletters and started their own database. Both Levenson and Peskowitz have become members of the board for the company that they founded. This company still focuses on information but not just for the oil industry, now they have focuses in health, energy, mortgage banking, and technology among other industries.

He and Peskowitz bought the Atlanta Hawks LLC in 2004. At the time this meant that the two, along with a group of shareholders, owned the Atlanta Hawks basketball team, their stadium, and the Atlanta Thrashers Hockey team. Seven years after acquiring the two teams, the Thrashers were sold. Levenson felt it was important to focus on the basketball team and decided to become a member of the NBA Board of Governors. In 2014, the two sold the Hawks.

During their time as owners former general manager Danny Ferry had some misgivings with the organizations insurance company, causing the Company to begin pursuing a settlement against New Hampshire Insurance Company AIG. The claim is that there was a breach of contract involving protection of Wrongful Acts of Termination. It is important to note this involves the previous owners though and not the current owners of the Atlanta Hawks.

Having a solid background, and being a philanthropist in the community, read more on PR News, in addition to his own law degree, Bruce Levenson and his partners are sure to come out on top no matter what.

http://time.com/3296175/bruce-levenson-atlanta-hawks-racist-email-kareem-abdul-jabbar/

 

Timothy Armour: Chairman And Chief Executive Officer

Timothy Armour is the Chairman and Chief Executive Officer of Capital Group. He has completed a bachelors degree in economics at Middlebury College, and has completed over thirty years of investment experience all within Capital Group. Capital Group is an American financial services company and one of the world’s leading and largest investment management firms.

Armour was elected to become the Chairman of Capital Group, after serving as Chairman of Capital Group’s management committee and Capital Research and Management Company. The change of leadership seems to have been years in the making, and was finally complete after the passing of Jim Rothenberg, the former Chairman.

Capital Group and Samsung Asset Management announced plans for a partnership, that would work on developing investment plans for investors in Korea. The strategic partner ship would focus on four main components: investment management processes, retirement solutions, product management and distribution channel support.

According to the agreement, Capital Group would help Samsung Asset Management become more knowledgeable when it comes to ‘Capital Style Active Management.’ And would help the Samsung become more proficient at business management and client management. This agreement was partly made in hopes that Samsung Asset Management would become one of Asia’s top home grown management companies by the year of 2020.

Another key motivator for the partnership was in order to develop co branded retirement products for the Korean market. The Samsung CEO Sung-Hoon Koo has said that they have been expecting demands for retirement solutions to increase, so the strategic partnership with Capital Group was welcomed. This demand for retirement solutions will benefit both Samsung and Capital Group, with more business and support.

And finally, another reason the partnership was formed was so the Capital Group’s products and services were to be used and distributed across multiple Samsung distribution channels. The partnership was to the core a strategic investment for both companies with Samsung Asset Management to learn valuable information from the more experienced Capital Group, and the Capital Group to use Samsung distribution channels to distribute some of their own products and services to the Korean investors. Armour had this to say about the matter, “broader plan is to co-design investment solutions to fulfill the savings, retirement and insurance-linked needs of Korean investors.”

Lovaganza 2020 Procedures

From May until September 2020, there will be Lovaganza 2020. Inspired by older entertainment and Cinerama (r) vibes, this wonderful experience is one for the ages. There will be original, intriguing films on Instagram that will broaden the minds of many. Along with that, there will be shows, exhibitions, and various attractions.

Step into this beautiful world in any one of the 8 “Grand Chapiteau” flagship locations across the globe to experience what Lovaganza has to offer. With so many different influences from culture to the arts, it will no doubt be an experience crowds will never forget. Not only that, but it will be happening simultaneously across the world, which can only bring humanity itself closer together.

Imagine a beautiful, artistic world full of both the good and the bad. Laugh, cry, and experience the creativity and love every worker has put into this huge project. At the end of this 4 month celebration, the goal of Lovaganza is to have an amazing Hands Across America. The films and exhibitions will be shown in Oceania, America, Africa, Asia, Europe, and the Middle East. This should help to increase the number of participants in Hands Across America, promoting love and unity.

Experience their live stage show Extravaganza of Love under the main pavilion “Grand Chapiteau”. Enjoy the beautiful background of landscapes provided on a 360 degree wraparound screen while real life performers bring various cultures to the foreground.

The 360 degree wraparound screen of Lovaganza is provided by Immerscope. It is a new style of screen that completely envelops the audience into the world that it is showing to them. This will be the first premier of the screen to major audiences around the world.

There is more to Lovaganza extravaganza than just providing entertainment. It is about love, being open-minded, and learning about different cultures which should also create more chances for understanding and friendships. With this entire franchise, their goal is to bring everyone together in times that are simply not as warm as most would prefer. Lovaganza should bring watchers back to a place of child-like wonder that reminds them of what mattered the most when they were kids.

Source: http://lovaganza.wikidot.com/