Wes Edens Develops Green Business Ideas

Wes Edens is best known to most Americans as the owner of the Milwaukee Bucks NBA franchise, but to business leaders, he is one of the highest profile green entrepreneurs on the planet. Edens began his career with Lehman Brothers in 1987 and worked his way up to managing partner by 1993 before establishing Fortress Investments in 1997. During his time with Fortress Investments, Edens became known for making investments in developing technologies including the creation of the New Fortress Energy brand. Read more about Wes Edens at Wikipedia

New Fortress Energy has been developing the use of clean energy options throughout North America, the Carribean, and many developing economies throughout the world. New Fortress Energy has become a global leader in the development of Liquified Natural Gas and has spent much of the last few years developing turnkey solutions for the green energy sector. The development of New Fortress Energy comes at a time when Fortress Investments has more than $70 billion in assets managed to aid the funding of new power solutions in the developing world. The skills developed by the brand under the leadership of Wes Edens has allowed it to become one of the leading members of public-private partnerships bringing the latest technology to different parts of the world.

In all aspects of his business career, Wes Edens has been an innovator willing to take a risk on a new area of technology or interest. One of the major leaps of faith taken by Edens has been his investment in an E League professional video gaming team named FlyQuest. The investment in electronic sports as a major area of interest for the future comes at a time when Wes Edens has been looking to expand his sports business empire to new parts of the world. The investment made in the Milwaukee Bucks NBA franchise has been joined by the purchase of a stake in the English soccer team, Aston Villa.


Learn more: https://www.wingsjournal.com/wes-edens-brightline-south-florida-commuters

 

Recap of Equities Holdings Newsworthy Events

Equities First Holdings (EFH) have seen some success for 15 years of operation. EFH celebration of 15-year anniversary allow people to notice the performance of EFH with numbers such as over $1 billion in customers’ transactions. The majority of the transactions completed were from stock-based loans. The products that made the company a leader were stock-based loans and financial advice. Both product and service has been offered by EFH since 2012.

EFH offices in London was created via acquisition. The team formed to handle the acquisition were Chris Harrison, William Yonge, Vinay Varma, Sergey Kvitkin, and Iain Wright. There were people who gave tax advice to the acquisition team, and the names were Katerina Heal and Kate Habershon. With over 700 transactions acting as a driving force by the London’s office, it led to EFH nine different locations worldwide. For example, EFH has offices in Asia. The good performance of stock-based loans generated a $t billion and 700 transactions. A successful business presents helpful products.

The Endless Efforts by Paul Mampilly to Liberate the Everyday American

Paul Mampilly has shown tremendous efforts in his quest to liberate the common American citizens from poverty. As an investment management expert, Mampilly has been using all the resources that are available to him to ensure that all the American citizens receive the relevant information that is necessary to make rational decisions regarding investment. The reason why Paul took such an initiative was the observation on how the low-income earners in the American economy had been neglected by the investment and financial experts since they could not afford to pay for their costly services and advice. However, these were the people who deserved the information about investment mostly so that they could improve their living standards. On the contrary, the wealthy individuals were the sole beneficiaries of the top-shelf advice and services offered by the experts.

After serving the corporate sector for more than three decades, Paul Mampilly decided that he could come to the rescue of these middle and lower-class Americans. He took early retirement from his employment and joined the community service. What motivated Mampilly was his experience of poverty when they lived in India with his father. He believed that even the Americans who were less privileged could also get over the challenges at some point, given a chance. After quitting his job, Mampilly started his new career at the Banyan Hill Publishing where he publishes great investment advice and dispenses it to the local Americans at affordable costs.

The service that he renders to these people has brought joy to both Paul Mampilly and the clients for the kind of benefits they reap from it. Before joining the current workstation at the Banyan Hill, Paul Mampilly had served the Wall Street America for over three decades. During this time, he managed to make a lot of achievements and accomplishments that made him very popular in the investment management industry. Some of the reputable organizations for which Mampilly worked include the Kinetics Asset Management where he was the senior asset manager. Before then, he had been working for ING as the chief research analyst and also as a portfolio manager at the Deutsche Bank.

Peter Briger leads Fortress Investment to success

Fortress Investment Group was the first sizable private equity firm to list on the New York Stock Exchange, and its prosperity has brought it international popularity. Renowned business leader and President of Fortress, Peter Briger, is considered a key contributor to this success. He has also been listed in top 400 business professionals worldwide by Forbes.

Background information

Peter Briger acquired his bachelor’s degree from Princeton and a master of business administration from the University of Pennsylvania Wharton School of Business. He then began his career at Goldman Sachs working various management, operational and leadership roles. Briger gained immense experience at the investment banking company and developed skills in distress debt, real estate, foreign investments, loans, and trading. In his 15 years there, he attended the Global Control & Compliance, the Asian Management Committee and the Japan Executive committee which shaped him into a professional leader. His commitment to the company then saw him become a partner where he served till in 2002 when he left to join Fortress as co-CEO.

About Fortress Investment Group

Fortress Investment Group is a universal investment management firm that handles over $43 billion of assets for more than 1750 financiers in hedge funds and private equity. It was founded in 1998 and has its headquarters in New York. It specializes in: operations management, asset-based investing, capital markets, corporate mergers and acquisitions, and sector-specific knowledge of companies and institutions.

Peter Briger at Fortress Investment

Peter Briger joined Fortress as a member of the Management Committee in 2002. He leveled up from that position to launch and oversee the Fortress Credit branch which has about 300 employees. Apart from that, he has also served several roles at Fortress Investment Group. He is not only the President but the Principal and Head of Credit and Real Estate Business. Since 2009, Briger has been the co-chairman of the board, and before that, he was serving as Director from 2006. He is based in San Francisco.

Philanthropy

Aside from work, Peter Briger is a frequent donor of several charity institutions in the US. He also supports a global fund for children known as Silicon Valley Council. Briger also serves on a nonpartisan organization, Council on Foreign Relations and is a board member for an organization that aids low-income families in San Francisco known as Tipping Point. He has also spent about $600 million in support of the Central Park Conservancy.

Fortress Investment Group Leads While Others Follow.

Since 1998 when the company was formed, Fortress Investment Group has continued to be the trendsetter in the investment management industry. Its founders intended to create a special kind of investment firm that would help in consolidating funds from private equity and reinvest it in cutting-edge vehicles. The firm was established as a private equity firm by its three founders; Rob Kauffman, Wesley R. Edens, and Randal Nardone; and the headquarters located in New York.Soon after its establishment, Fortress Investment Group experienced a very sharp growth in the private equity; growing at a rate of 39.7% within the first five years. By 2007, Fortress had already grown into a big firm that managed alternative assets for its clients. Its managed assets had increased to a whopping $33.6 billion, from a meager $400 million.

On 9th February 2007, Fortress Investment Group announced an IPO. This historical move made highlights internationally as Fortress was the first large company of its type to go public. The event was not taken lightly by the industry and what followed was other investment management firms of its type followed suit. Some of the firms that imitated the move were Blackstone Group (which went public four months later), KKR & Co., Ares Management, Oaktree Capital Group, Apollo Global Management, and the Carlyle Group; which went public within the year that followed.  One stronghold of Fortress Investment Group that has made the company remain outstanding in the investment industry is special expertise in managing mergers and acquisitions.

Fortress’ personnel have developed strong professional relationships with senior management and key stakeholders of other corporations and organizations, an aspect that has always made it easy for Fortress to combine efforts with other organizations through mergers and partnerships.For instance, between the years 2006 and 2007, Fortress Investment Group acquired Intrawest, a Canadian company that operated the largest ski resort in North America. During the same period, Fortress purchased other organizations such as RailAmerica, Florida East Coast Industries, and Penn National Gaming. Other firms that Fortress purchased or entered into partnerships with were AIG’s American General Financial Services (which later changed to Springleaf Financial Services), D.B. Zwirn & Co., Graticule Asset Management Asia, Mount Kellett and Logan Circle Partners.

About Fortress

Fortress, on behalf of its clients, manages a portfolio of more than $43 billion in assets under management (AUM). The clients constitute of both institutional clients and private investors from all over the world.

Call Fortress Investment Group For Asset Needs!

When you need help managing assets ranging from long term cash flow to real estate, you need one of the world’s largest companies to assist you! Fortress Investment Group know a thing or two about managing all of your physical and financial assets to make sure they are safe and secure for a very long time. Their experience with acquisitions and mergers allow them to work with stakeholders to determine the execution of an investment. Fortress has a team of investment professionals whom have relationships and expertise with a variety of institutions and companies alike.Since their founding year of 1998, they have launched investment funds and made acquisitions very rapidly for their industry. Fortress Investment Group started as a private equity firm in New York City by Wesley Edens, Randal Nardone and Rob Kauffman.

All three gentlemen came from a background of business and finance, making them a triple threat to the investment world. When Fortress launched on the New York Stock Exchange in 2007, it was made the largest private-equity firm in the United States to be publicly traded.Although the economy downfall hit the nation very hard a year later, they have since acquired multiple portfolio companies making them remain on top of their game.In 2010, Fortress Investment Group invested $875 million dollars to Millennium Development Group to build an athletes village for the Winter Olympics in Vancouver, Canada. With the project being completed in November of 2009, Fortress Investment Group became the owner of the athletes village after the Winter Olympics. In 2011, they opened offices in San Francisco, Singapore and Shanghai. They also launched the Fortress Asia Macro Fund, winning them “Best Singapore Hedge Fund” and “Best Asia-Based Macro Fund” awards in 2013. They previously won the “Best New Asia Hedge Fund” award in 2012.

With a launch of less than 2 years, they had already made themselves a household name from a country they chose to open an office- making them VERY valuable!A decision to be buy Fortress Investment Group was made in 2007. The company to be so fortunate to do so was Softbank Group Corp for $3.3 billion. This was a major game changer for both companies to gain from. At the time, the IPO was at $18.50 a share but with the financial crisis, the amount went down to only .77 a share as many companies were afraid of taking a risk of things getting worse. Fast forward 10 years later in 2017, the buyout became official when the public community to appreciate their shares again. Being in public was very difficult for Fortress to do because they wanted to convince their shareholder community that their investments were worth a lot more. So now they will operate as an independent company within Softbank Group Corp. The purchase was very interesting for the financial community because SoftBank is known for being in technology and now becoming a part of the financial world is a big change in their company’s strategy.

A Brief History of Randal Nardone

Randal Nardone is the CEO and Principal of Fortress Investment Group which he co-founded with Wesley R. Eden in 1998. He received his Bachelor of Arts in English and Biology at the University of Connecticut and his Juris Doctor Degree from Boston University School of Law. Before co-founding Fortress Investment, he worked as a Managing Director of UBS, a Principal of BlackRock Financial Management, and as a member of the executive committee for the Thacher Proffitt & Wood law firm.Nardone has served on the board of directors at Fortress since 2006 and currently manages all of the company’s finances and legal matters. The business was originally a private equity management firm but it later expanded to include the management of real estate, hedge funds, and debt security.

The firm was first publicly traded in 2007 and became the largest private equity firm to do so.Fortress Investment Group manages over 1,700 clients and $43.6 billion dollars in assets. Employees have been known to comment on the fast paced nature of the company and how insightful it is to work with a management team that pushes them to do more and recognizes their achievements. Fortress Investment group was acquired by SoftBank Group as of December 27, 2017 for $3.3 billion. After the acquisition, Class A shareholders received $8.08 per share and Fortress common stock ceased to be traded on the stock market.

The office still operates independently and Randal Nardone and the other Principals have not been removed from their positions. Nardone and the rest of the Principals have agreed to give half of the after tax revenue from the acquisition to Fortress-managed funds that are aligned with limited partner investments and equity securities of SoftBank. Aside from his main job at Fortress, Randal Nardone serves as the Director of Eurocastle Investment Limited, President and Chairman of Springleaf Financial Holdings, Non Executive Director of Alea Group Holdings Bermuda, and Director of Florida East Coast Holding Corporation among other titles.

Dr. Mark McKenna Is Propelling Forward As A Medical Practitioner And Business Owner

Dr. Mark McKenna is a highly accomplished medical doctor that has also taken the path of an entrepreneur. Combining his talent in medicine along with his entrepreneurial mind, Mark has started up several successful companies today, earning himself many accomplishments and of course plenty of success. Mark graduated from Tulane University Medical School at the top of his class before joining the family practice with his father.

During his time learning and practicing medicine with his father, Dr. Mark McKenna realized that he wanted more than to just help people through the medical field, he wanted to be an innovator and bring his ideas to the masses. While Mark was working under his father, he started up his own real estate company known as McKenna Venture. Unfortunately for Mark, he and his family were majorly affected by hurricane Katrina in 2005, which saw Mark losing a great deal of his assets overnight. While this might have been a technical setback, it wasn’t really a setback in Mark’s case. Dr. Mark McKenna spent a great deal of time rebuilding the community and helping others in New Orleans before finally setting off to Atlanta, Georgia.

Today, Mark is the CEO and founder of OVME, a cosmetic company that offers non-surgical treatments to customers in their own homes. This is a tremendous idea considering the number of people who dislike having to go to doctors offices or who are just plain afraid of them. Mark already has offices in Nashville and Atlanta, and he plans to continue expanding his company all over the country. Customers of OVME will be able to use an app that allows them to connect with doctors to order treatments and get advice in a comfortable setting.

Dr. Mark McKenna approach to business and medicine is not so much unique as it is uncommon. Mark is passionate about helping his patients and customers. He wants to not only improve their confidence and self-esteem but give them a better outlook on the medical field through new and innovative possibilities.

http://clinicalnotebook.com/doctor_posts/dr-s-mark-mckenna/

Wes Edens Backs Plan to Keep Raiders in Oakland

Successful businessman Wes Edens financially backs plan to keep the Oakland Raiders in the city of Oakland and establish the necessary funding and resources from Fortress Investment Group to allow a new stadium to be built in Oakland and solidify the deal to remain in the city. Wes Edens is currently Private Equity Chief Investment Officer and President and Head of Private Equity at Fortress Investment Group LLC. Wes Edens was educated at Oregon State University with a Bachelor Degree in Finance and also received a Business Administration Degree as well. After a successful career at various high-level investment positions within multiple investment firms and other lending institutions, Wes Edens has established a reputation as a true businessman and intelligent investor. In fact, Wes Edens specializes in alternative assets at Fortress Investment Group including Illiquid credit Investments, distressed assets, and also undervalued assets and various other asset classes as well.

With a strong knowledgeable well-informed staff at Fortress Investment Group, Wes Edens has surrounded himself with some of the more brilliant minds in the investment and credit industry. The staff at Fortress Investment Group provides high-level analysis and evaluation opportunities that create lucrative income streams and profitable returns on investment from various investment categories. Furthermore, Fortress Investment Group is a global conglomerate with over 1,600 institutional and individual clients that comprise of a vast portfolio of over $67.5 billion in assets under management. Currently, Wes Edens is co-owner of the Milwaukee Bucks and has become has become one of the more recognized owners within the sports industries and a go-to person for establishing credit and resources to finance various construction projects for stadiums and other sports complex. In particular, Wes Edens was brought into the conversation to bring about a resolution to the Oakland Raiders potential move to Las Vegas.

Wes and Fortress provided the necessary resources and investment capital to allow the Oakland Raiders to propose a way to actually remain in Oakland. Wes Edens has established himself as one of the most knowledgeable and insightful investment managers that can facilitate the level of expertise needed to accomplish the difficult negotiations within the sports arenas. Furthermore, Wes Edens brings years of experience with creating opportunities to pull together investment capital and resources along with institutional credit vehicles that allow his partners to create opportunities for successful sports ventures. As a knowledgeable businessman and skillful investor, Wes Edens has created an opportunity for the Oakland Raiders to not only build a new stadium within Oakland but also provide the resources needed to create a stadium sports complex that’s second to none within the league.

Randal Nardone is a Revered Leader in Private Equity Investment

Fortress Investment Group is one of the leading private equity firms in America. Like any other organization that requires the input of great leaders, Fortress Investment Group relies on its leaders to excel. That is why when the company experienced sudden leadership transitions, it was critical to appoint Randal Nardone, the co-founder to serve as the head cheerleader. Nardone is a household name in the industry of private equity. Here is a look at his past experiences.

Background Data

In 1998, when Fortress Investment Group was being established, Mr. Nardone assumed the lead position as the chief executive officer. Also serving as the principal of the firm’s credit corporation, Nardone honed his skills in business leadership. Aside from that, he is the president of Springleaf Financial Holdings and the vice president of Newcastle Investment Holdings. Also doubling as the co-founder of the famous Fortress Investment Fund, Nardone has exuded confidence through his leadership skills.

Other Roles

Besides, Nardone served as the head of RIC Coinvestment Fund LP before he joined IMPAC Commercial Holdings Inc. Nardone was passionate about helping clients. His experience in excellent service delivery extends to Florida East Coast Holdings Corp and Alea Group Holdings Ltd. As if he had not faced sufficient challenges to discourage him from exploring other industries, Nardone worked for Eurocastle Investment as well. Later on, he decided to join OneMain Holdings Inc in 2010.

Contribution

Mr. Nardone has been working hard on all the stated companies. That is why the employees have been happy to work at Fortress Investment Group. Moreover, given his history in the management of private equity, he has extensively guided the company by providing relevant leadership skills.

Additional Information

Nardone is a revered leader whose input at Fortress Investment Group cannot go unnoticed especially now that Softbank finalized its acquisition deal. According to Nardone, leadership in investment entails teamwork. So far, he has been able to dedicate time, resources, workforce and skills to ensure that Fortress Investment Group delivers excellent results to its investors.

Education

A look at Nardone’s academic credentials points towards Boston University Law School where he studied arts in English and later biology from Connecticut University. From these disciplines, he learned how to communicate with employees.

Overview

Being a firm that specializes in investment management, Softbank requires excellent leadership for proper management. Often, Nardone has proven to be qualified and available for the tasks ahead. That is why he is celebrated.

To know more visit @: www.directorstats.co.uk/director/randal-nardone/