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Posted by JHock on

A Look At Some Of Wes Edens Investments Of The Past Few Years

Wes Edens is a principal, chairman of the board, and co-founder of Fortress Investment Group. His firm, based in New York City, manages alternative investments. He is also the owner of a professional sports team and is the owner of an eSports team. He is a member of the 1984 graduating class of Oregon State University, earning a bachelor of science degree in business administration and finance. Wes Edens worked for Lehman Brothers and BlackRock before starting his own company in the financial industry.

His financial specialty is investing in private equity. He has bought and managed a number of companies through Fortress Investment Group such as Springleaf Financial Services and Nationstar Mortgage. He bought about 73 million shares in Springleaf which cost $125 million at the time. He was also the one to make the announcement that Springleaf would be acquiring OneMain Financial in March 2015. He said that both companies share similar cultures and philosophies and the combined company would be focused on providing premier financial services to their customers.

Another recent project Wes Edens has been heavily involved in is the Brightline project which now operates a private train between Miami and Fort Lauderdale. This train can hit 135 mile per hour which is far faster than the perpetually congested freeway between these two cities. He has talked about bringing Brightline to other parts of the country where freeways are always congested such as between Houston and Dallas and St. Louis and Chicago among others. He says his train service is great for travel between cities that take far too long by car but are too close to fly between.

Along with a business partner Wes Edens bought the Milwaukee Bucks in 2014 for $550 million. At the time Wes Edens promised fans he would get a new arena built and one is now in the process of being built. He is also looking for his team to earn a championship, something they haven’t done since 1971. In the area of eSports he owns a team called FlyQuest. His team competes in the Legends Championship Series around the nation.

Read More: urbanmilwaukee.com/people/wesley-edens/

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Fortress Investment Group

Fortress Investment Group is a firm that deals with investment management. It helps companies and other business agencies to manage alternative resources such as in credit funds, private equity, and liquid hedge funds. It was founded in January 1998, and since then its operations have spread throughout the United States. Fortress Investment Group manages assets of more than 1500 private and institutional clients all over the world. Its founders are Wesley R. Edens, Rob Kauffman, and Randal A. Nardone. Fortress Investment Group places performance as its cornerstone. The company ensures that it helps its customers to make huge profits from their investments.Fortress is headquartered in New York City and has several affiliate centers throughout the globe. They also extend their businesses to owning, pricing, overseeing and funding the managerial operations of financial and physical resources in various industries such as capital assets, real estate, and financial assets.The company has developed devices that help it in assessing operational challenges.

The tools are also used in evaluating strategical and structural setbacks. They help the firm to come up with valuable investment methods in complex investments. Fortress has a long-earned experience and expertise in acquisitions corporate mergers that allow it to interact well with various management and boards of directors when mapping ways to come up with investment strategies.Fortress is an excellent firm that has a leadership body that is committed to providing outstanding governance, practices, and policies. The management ensures that all firm undertakings are taken with expertise and coordination. Its management comprises of Randal Nardone who is a principal and a co-founder of the company, Wesley R. Edens who serves as a co-Chief Executive Officer, a co-founder and a principal, and Peter L. Briger Junior who works as a co-Chief Executive Officer and a principal of Fortress. Mr. Briger lives in San Francisco while the other two seniors live in the New York City.The company has stout knowledge and understanding of the areas, industries and periods in which it puts its investments in place.

It has grown a team of experts in investments that it uses to clinch fruitful relationships with big firms and private investors all over the world. It has achieved this team of stuff through its exercise and operations when executing its investment portfolios.Fortress boasts of its credit team that was started in the year 2002 by Peter Briger. The credit team has close to 500 staff members who have diversified professionalism. The Fortress Credit Team is always focused on taking investments everywhere in the world particularly in the assets that are underrated and distressed. The company has an extraordinary zeal to penetrate the credit market.Fortress is a type of a company that achieves enormous returns from investments that were considered to be having less value in the community. They utilize every opportunity to create unmatched investment programs that lead to significant improvement of people’s lives.Fortress offices are located in various cities and big towns that include Tokyo, Dallas, Hong Kong, Atlanta, London, New York, Los Angeles, Shanghai, Rome, and San Francisco.

Posted by JHock on

Two Shervin Pishevar Predictions that May be Right

According to this article in Business Insider by Becky Peterson, Shervin Pishevar is an early Uber investor and is the founder of Sherpa Capital. Pishevar had been out of the spotlight for several months after stepping down from his position at Sherpa Capital amide sexual misconduct allegations.

He broke into the spotlight in dramatic fashion, however, when he went on a 21-hour long rant on Twitter. The rant covered a wide variety of topics, ranging from predicting a crash in the market to the fate of Silicon Valley. While there were some predictions that seemed perhaps impossible to predict with absolute certainty, there were some that seemed plausible. Below is a list of some predictions that fit in the plausible category.

Less Friction= More Efficient Execution

Shervin Pishevar showed how China is able to do more with less friction. As an example of this, Pishevar linked to a post showing how a Chinese construction team was able to build a train station within 9 hours. Pishevar then compared this efficiency to the US, which he described as being in decay. He also described the US government and companies as being trapped in short term thinking.

Pishevar may be on to something in this prediction. China has risen in the past decades as a huge player in the financial world. China is an expanding super power, and as such they pose real competition to the US. If the US comes to a grinding halt due to the lack of execution of projects, it could have a real problem on its hands.

Modern Monopolies

In Shervin Pishevar’s mind, there are 5 modern monopolies that wield far too much power. These businesses, according to Pishevar, are Alphabet, Amazon, Apple, Facebook and Microsoft. Pishevar beleives that these companies hold enormous power and stifle smaller start up businesses. He holds that the US government has allowed these monopolies to rise.

In light of all that has happened with data issues and privacy rights, Shervin Pishevar’s ideas may not be that far off. These five companies do hold enormous power and tend to dominate the tech industry. Only time will tell what happens to these five companies.

https://www.ogilvy.com/tag/shervin-pishevar/

Posted by JHock on

Randal Nardone A Brief Summary of His Career at Fortress Investment Group and His Life

The need for investment management firms has been increasing in the past couple of decades since the complexities of the financial world has been increasing rapidly. The financial markets are hard to predict, and their movements have made even the most learned financial analysts scratch their heads. The companies, as well as individuals, are finding it hard to make investments decisions that are primed to shoot in the future without being uncertain about it. It is where the role of investment management companies comes into the picture. The Fortress Investment Group is amongst the biggest investment management companies in the United States with its head office stationed in the New York City. Fortress Investment Group caters to a wide range of clientele from across the globe, including some of the top tiers Fortune 500 companies.

The financial services that Fortress Investment Group provides for companies and institutional services are directed to help them make profits from the equity markets and find alternative assets sectors that are speculated to grow. The investment management firms have years of experience in handling large assets portfolio and delivering results. The Fortress Investment Group understands that it is necessary for the company to manage its investments in a holistic manner for all-inclusive growth. It is the kind of services it provides to its clients to ensure that the clients can grow their investments rapidly and witness sustained growth.

The executive who is taking the Fortress Investment Group forward is Randal Nardone. He is not just the current Principal of the company but was also the founder member of the company when it was set up back in 1998. He did not have a finance background while studying and has a law degree instead. But during his work as a lawyer, he worked with many financial companies that allowed him to learn a lot about them. Thus, when Randal Nardone joined Fortress Investment group, his legal knowledge and financial knowledge both were of great help.Randal Nardone has a great rapport with not just his peers but with his subordinates as well. The employees of Fortress Investment Group as treated as a family member and they are provided with a safe and secure environment to work at. They are provided with huge perks and bonuses that make the company a great place to work at. Randal Nardone is also part of many non-profit organizations where he donates generously.

Posted by JHock on

Highland Capital Management To Invest Heavily in 6 Main Sectors

Highland Capital chief investment officer Michael Gregory has made some timely, strategic investments in the energy sector, and the investments paid off in 2016. The chief investment officer is betting heavily on a rebound in 2017 for investments that have been placed in the healthcare sector. Mr. Michael Gregory along with James Dondero, President of Highland Capital Management, are currently overseeing funds that are under management for the Highland Capital Management for their Small Cap division.

 

The management pair at Highland Capital Management is looking to invest heavily in 6 main sectors in 2017. . Mr. Gregory and Mr. Dondero have planned on allocating 25% of funds to stocks related to the healthcare sector. They are also planning on allocating another 16% toward stocks trading in the energy sector, 9% in real estate, 10% in the financial sector, and 11% to be allocated among stocks related to consumers and discretionary spending.

 

1993 gave birth to Highland Capital Management and made way for the financial institution to become known as one of the leading credit strategies firms. Highland Capital Management offers a full range of traditional and alternative investment options. Distressed, private equity, and collateralized loan obligations are just a few of the services that Highland Capital Management offers.

 

Highland Capital Management also has a philosophy that gives back to the community. They are interested in improving the conditions of communities through investing in them. Since 2005 Highland Capital Management has raised over 10 million dollars to help strengthen and grow organizations from around the globe.