Fortress Investment Group started its life as only a private equity firm in 1998 by Wes Edens and Randy Nardone. Its primary focus is asset-based businesses and the use of control-oriented investments in capital generating assets mainly in North America, West Europe, and the Caribbeans. Fortress’ Private Equity team uses value-position, opportunistic investment proposals with a large, experienced management team that works hands-on with addressable markets because Fortress has the expertise in the field. Fortress Investment Group has 919 asset employees and 209 investment professionals at their offices internationally.
Although, Fortress Investment Group is open to investments within a large variety of industries, the four main industries that they have made major private equity investments in Financial Services, Energy and Infrastructure, Healthcare, and Transportation. In Financial Services they are exiting non-regulated financial organizations to focus on favorable opening created by banks. In Energy and Infrastructure, they work with transportation and storage but the main focus is investments connected to the transformation of natural gas to base fuel. In Healthcare the main focus is to create a better way to provide lower cost healthcare delivery systems for the growing base such as senior living, online facilitation, and maternity care. In Transportation, the main focus is buying undermanaged infrastructure and transportation assets with large development projects and long-term capital gain.
Fortress Investment Group has five core competencies. The first is where Fortress specializes in asset-based investing with its private equity funds and credit funds. Their expertise is broadly investing in diverse sets of asset types. The second is Fortress’ Industry Knowlege and the diverse team can execute industry-specific investments and has strong working relationships with organizations and individuals internationally. The third is Operations Management, where Fortress uses their set of tools for assessing operational structural and strategic oppositions. The fourth is where Fortress uses their experience in Corporate Mergers and Acquisitions to enable them to cooperate with boards of directors and management teams to determine the best structuring and execution of the target investment. The final is Capital Markets because Fortress uses their expertise in securing cheap, low-risk financing for the investments by using other assets.
To know more visit @: www.fortress.com/about
The power of Innovation: after two Decades of Fortress Investment Group
Since its establishment in 1998, Fortress Investment Group has become one of the exemplary pacesetter and trendsetter in the financial niche in the United States. This was reinforced by its public offering, IPO as the first privately owned entity to find its way to the public via the New York market exchange. Today, this firm is a diversified worldwide investor, directing approximately $43 billion assets owned by more than 1750 stakeholders. Their strategic plan is based on the worth risks that are adjusted to significant returns. Its headquarters are located in the New York City, and it has employed more than 900 employees.
Purchase by the Softbank
After a decade of service provision and as the first alternative venture company, Fortress Investment Group was the first to be bought in 2017. This venture found its way to the market at the cost of $ 3.3 billion thus being owned by Softbank corporation group, which is a Japanese entity with its headquarters in Tokyo. However, even after the sale, this firm kept its initial plant in New York. Similarly, Briger, Nardone, and Edens maintained their roles as the principals. The new owner of the Fortress Investment Group is focused on establishing growing leadership capacities in the current dynamic information revolt. These entail developments in online services, telecommunication, intelligent robotics, artificial intelligence as well as clean technology energy. Additionally, this sale was also a calculated move to add more experts in Fortress Investment Group to help diversify investment.
Their Current Operations
Today, operations at fortress are broken down into three primary segments. This covers for the permanent capital vehicles dissection, its credit, and the private equity. The credit department was established in 2002 and is headed by Briger. However, Dean Dakolias who became part of the fortress in 2001 works closely with Briger as the co-chief investment coordinator. The private entity deals with the generation of cash flow, and Edens and Nardone operate it. It deals with oriented investment in North America, Western Europe, and the Caribbean. On the other hand, the permanent capital vehicle entity is operated by five stable capital vehicles, which are publicly traded.
To put things honestly and quite simply Glenn Wakeman is a businessman among businessmen. So, what this boils down to is that he helps others achieve the same goals by which he delivers service in his every day trade and commerce. The big picture is that he holds the position of CEO and founder of LaunchPad Enterprises Inc. But the fine lines that draft the details within this business model and venture-capital deserve a closer look and examination. The long and short of it all is that, of course, the man holds lofty thoughts of precise and extraordinary ambitions regarding his life goals but there are also humble and down-to-earth healthy habits for business and relationship which he follows like an everyday ordinary man does. Read more about his interview at Ideamensch.
On the everyday great side of the man, there’s the education which includes an MBA in finance and a BS and economics. Naturally following this enlightenment, his work record includes time spent in mergers and acquisitions, administrative positions and CEO of companies such as Nova Four. This is not to mention his board of directors position held in other business organizations. And on the extraordinary great side of everyday service, his expertise is and matching money-making ideas with money already made. A lot of this wealth and value comes from applying discipline to the inspiration that his colleagues and clientele already bring to the table every day. Really what Glen Wakeman does it show people away that he already knows from paying dues himself. For the record these dues stretch over years at a time. View Glen Wakeman’s profile linkedin.com.
Surprisingly enough, he recommends reading “The Art of War” by Sun Tzu which teaches strategies that he applies in his everyday business life. This life happens to follow a pattern of reviewing numbers, assigning responsibilities and meeting with the captains of his crew everyday they provide service to their customers and clients. It’s all about the exchange of information and learning something new while teaching something classic. Glen Wakeman is a man who has it all by not knowing it all and does it all by share it all with others around him.
George Soros has broken the world record by donating $18 billion to the Open Systems Foundation in this year. As the founder of the organization, George Soros has shown his leadership skills and generosity by ensuring that the foundation gets all the monetary support necessary for its development. He has been giving $800 million to $900 million annually before this whopping $18 billion. In fact today, the Open System Foundation has grown under the leadership of George Soros to the level of the second largest philanthropic foundation in the US.
Open system foundation is a charity organization that helps in the improvement of the living status of different people in the society. It was founded in 1984 at Hungary in the UK, but later George Soros transferred it to New York, the USA in the later years. For over three decades now, the foundation has ensured that there is a democracy not only in the US but also in the world over. For instance, in 2014, the Open System Foundation funded the treatment programs for the patients who were diagnosed with Ebola during its outbreak in the western part of the globe. Similarly, in 2016, it also worked for hand in hand with the Democrats in the presidential campaigns and elections giving financial support to their candidate, Hillary Clinton. Upon the completion of the election process, the foundation also made remarkable efforts to reduce the levels of hatred that had existed in the US based on race, political affiliation, and other social lines. Currently, the Foundation is operational in more than 120 countries all over the world, and it has also extended its focus on the protection of the rights of the special groups such as the gays, the victims of war, and the victims of harassment from the police.
George Soros started his entrepreneurial skills from the time he got the nickname ‘the Man Who Broke the Bank of England’ because he won a $1 billion bet he placed against the British currency. George Soros philanthropic character began when he read Karl Popper’s book, “Open Society Enemies,” which in turn formed part of the name of the foundation in its initial state in 1947 Hungary, UK. George Soros has been running the organization mostly from his account through donations. For instance, he has been donating between $800 million and $900 million annually before he eventually unleashed the $18 billion, which he also did not boast about to have done. In fact, the news came out through the reports on the Wall Street Journal. George Soros has contributed to many charity organizations in addition to the Open System Foundation. For instance, he got involved in the election process in the US in 2016. George Soros has been opening his arms to most countries in the world, and he has today ensured that the Open System Foundation becomes the second charity foundation in the whole world after Bill and Melinda Gates Foundation and more
There are many companies in the field of credit management and financial advisory in the United States, but one of the most notable is the Highland Capital Management. The company has been around for two decades and has offered its financial services and credit investment strategies to numerous financial institutions, organizations, foundations, high net-worth individuals, banks, governments, and more. The clientele of Highland Capital Management is not limited to the United States but is spread globally. The company has its headquarters in Dallas, Texas, but has satellite offices in Seoul, Sao Paulo, Singapore, and New York. Highland Capital Management believes that having an international presence at important strategic venues would help give clients better access to the company and vice versa. Read more about Highland Capital at prnewswire.com.
Highland Capital Management is SEC-registered and along with its affiliates and partners have nearly $14 billion in assets under management. It is a figure that is consistently growing as the company attracts clientele from across the globe. Few of the specialties of the company include collateralized loan obligations, credit hedge funds, mutual funds, distressed equity, alternative investments, and more. Highland Capital Management was founded by two of the leading dignitaries in the financial world, namely Mark Okada and James Dondero. They collectively helped in taking Highland Capital Management to great heights of success through their determination, economic insight, and long-term vision for the company.
Highland Capital Management is also involved in local community initiatives to empower low communities. As the company firmly believes in giving back to the society, it funds high-impact initiatives that aim to bring a positive difference in the community. In the last ten years, Highland Capital Management has given away more than $10 million in donations to different organizations across the globe. The company is also active through partnerships and collaborations in the Asia-Pacific region and in Canada, where it also has many famous retirement planning products and mutual funds. The products offered by Highland Capital Management have been devised keeping in mind the financial trends and the requirements of the modern consumers. It is what has helped in gaining the trust of the vast clientele it has today. Visit highlandcap.com to know more.
Highland Capital Management is committed to technologies and goods that unite the goals of consumer value and sustainable improvement. Headquartered in Dallas, Texas, Highland Capital Management operates in a vast range of assets enabling the enterprise the advantage to stand the tests of time unlike many other investment firms throughout the world. The business has a reputation for its incredulous expertise in the field of global alternative credit administration, specializing in hedge funds, separate accounts and long-only funds. Businesses like Highland Capital strive tremendously due efforts of businesses attempting to reduce raw material and supply expenses for a better position in the market. Highland Capital Management, provides many proven success strategies to increase businesses’ revenue by the largest margins, putting their clients in the best positions they had no idea was possible. Read more about Highland Capital at prnewswire.com.
Highland Capital is a unique sort of investment firm which utilizes traditional ways of raising capital with alternative capital management procedures. For over 25 years, it has been a well established credit management firm, offering and delivering on a multitude of valuable promises and increasing businesses profits, both short and long-term by over 100%! Highland Capital Management and its partners are currently valued with $15 Billion in assets and growing yearly.
Highland Capital Management is uniquely positioned to take care of businesses in a way in which may not be available from your typical fund manager. It is not only committed to investing in the growth of its subsidiaries and clients, but maintaining their individual business identities, cultures, and leadership as well. Not only that, community matters. Through volunteering and financial donations, Highland Capital Management has been a contributor to both local communities and national nonprofit organizations to best improve the living and work conditions of the citizens. Visit highlandcap.com to know more.
Equities First Holdings LLC is a company which provides clients with alternative financing services. Established in 2202, the company lends to businesses using public traded stock as the security. When clients fully repay their loans, the company gives back the share certificates that they held as security. This enables its clients to financé their professional as well as personal financial goals. The company has clients from across the world. Since its inception, the company has successfully completed over seven hundred transactions. The transactions involves companies offering clients with a high loan-to-value at affordable and fixed interest rates. Currently, the company has offices in over nine countries across the world. Additionally, the company has wholly owned subsidiaries such as Equities First Holdings Singapore Limited, Equities First (London) Limited, and Equities Holdings Hong Kong Limited. Recently, the company opened new branches in Australia and India. These new branches are meant to serve its customers with integrity and professionals so that customers have a great experience while transacting with the company and more
On November 7, 2016, John Holt, Nexbank’s President and Chief Executive Officer of NexBank Capital, Inc served on the panel at the 5th Annual Strategic Opportunities Conference for the Texas Bankers Association. Mr. Holt was a participant in the Banker Panel discussion held in New Orleans, Louisiana, where the topic was”Reinvention of Community Banking: Perspectives on Competing by Innovation.” This Annual Strategic Opportunities Conference is a platform used by consultants, advisers, and bank to exchange their ideologies on the major opportunities and challenges that face the community bank industry. Also, participants and panelist get to explore the various strategic opportunities via the conference as well as branching and organic growth.
About NexBank Capital, Inc.
As the leading community bank in Dallas Texas, NexBank Capital, Inc. offers its financial services through investment banking, commercial banking, and mortgage Banking. The company also offers customized banking and financial services to real estate investors, institutional clients, corporations, and financial institutions around the world.
In 2015, Nexbank managed to acquire a College Savings Bank that was located in Princeton, New Jersey. The New Jersey bank maintained its name and branding, but the operations are currently maintained under the division of Nexbank. In August 2016, the bank’s president announced the successful completion of common equity capital that amounted to approximately 24 million dollars. This additional funding assisted John Holt to enhance the growth of the company and development of opportunities. As a result, on June 30, 2017, NexBank has an asset base of 6.4 billion dollars.
Nexbank also participated towards donating to families of the Fallen and Wounded police officers after the sniper attack in downtown Dallas. The company made its donation to the Assist the Officer Foundation which provides financial assistance to police officers’ families in the event of an injury or death.
In 2014, Ernst and Young’s multinational professional service has chosen SahmAdrangi as Tomorrow’s Titan. Andrangi has been the CEO of Kerrisdale Capital Management since April 2009. SahmAndrangi earned his bachelor’s degree in economics at Yale University in 2003. SahmAndrangi is inspired by Dan Loeb who started in the hedge funding business while he was still a young man.
Prior to his CEO position at Kerridale, Andrangi held many positions. Right of of college, Mr. Andrangi was an analyst at Deutsche Bank for more than a year and a half. In December 2005, SahmAndrangi was an analyst for the bankruptcy structuring group of Chainin Capital Partners that lasted 16 months. Just before Andrangi accepted his present position at Kerridale Capital investment, he spent almost two years at Longacre Fund Management as an analyst of distressed fund debt fund. SahmAndrangi left Longacre Fund management to found Kerridale Capital Investment. He is one of several high managers at Kerridale. Andrangi works with Edward Gu, their Chief Financial Officer, and Edward Baer. Baer is the head of marketing and investments.
Kerridale has been known to raise money to invest in such companies as distressed funds in recovery mode and residential mortgage-backed securities. Kerridale will soon unveil the public company that they have invested $100 million in from investors in a short amount of time. The mystery company is worth less than $10 billion. Kerridale is a small investment company that is based in New York. Kerridale is excited about their upcoming campaign for their short investment. They are working on a report, video, website, etc. The small investment firm invests and manages $500 million. Some of their investments have been with drug companies Sage Therapeutics and Zafgen. Kerridale also invested in Global Star satellite company. Last year Kerridale invested in Dish Network Corporation.