Wes Edens: Uncovering Successful Leadership at Fortress Investment Group

Wes Edens is a co-founder of Fortress Investment Group. He owns the Milwaukee Bucks. Wes Edens is known to be a prosperous businessperson in America. He invests in private equity and owns a sports team. Milwaukee Bucks is a national basketball association franchise that is located in the streets of Milwaukee, Wisconsin. Wes Edens is also the owner of League of Legends team FlyQuest. Wes has a Bachelor of Science in Finance and Business Administration. He was studying at Oregon State University where he graduated in 1984. Wes Edens started out in his career in 1987 at Lehman Brothers. He was a managing director and partner until the year 1993. After that, he became a managing director and partner at BlackRock Asset Investors, private equity division for BlackRock until the year 1997. He moved on to co-find Fortress Investment Group together with other four principals. This was in 1998. They included, Randal Nardone, Peter Briger, Michael Edward, and Robert Kauffman. Wes became more famous in 2007 when his investment style was talked about in the Wall Street Journal article. The article addressed creative financing, contrarian bets, and knack for growing a business through investments. Under Wes Edens leadership and other partners, Fortress firm was mentioned and recognized as the first publicly traded buyout company in 2007. It went through the initial public offering. In 2009, Fortress had already managed to sell 8% shares to the members of public worth $600 million and more

In 2007, Fortress Investment Group had achieved an assets management for both the publicly traded assets for alternative investment vehicles and private equity. This was broken down to 14 private equity funds, 2 real estate vehicles, and 4 hedge funds. Wes is historically recognized for being the catalyst responsible for the purchase of the famous subprime lender called the Springleaf Financial Services. They became the majority stakeholder at the Fortress firm. In the process, Fortress made great milestones in terms of investment that made Wes feature in the Wall Street Journal as the new king in the subprime lending. He is currently the chairman of the subprime lender of the Springleaf Financial Services as well as leading the private equity business at Fortress Investment Group. Wes also heads Nationstar Mortgage. This subprime home equity mortgage lender was acquire in 2006 by Fortress. Wes loves mountain climbing and horse jumping. He is a passionate worker in company bringing the best skills and expertise into practice. His ambition is to see the company prosper through in investment management and such projects.

RANDAL NARDONE – CO-FOUNDER OF FORTRESS INVESTMENT GROUP

Randal Nardone is a co-founder, principal and chief executive officer of fortress investment group. He was appointed principal in 1998 and chief executive officer in August 2013 and has served in both positions ever since. Mr. Randal co-founded with Rob Kauffman and Wesley Edens in 1998 to create a private equity company which yielded to Fortress Investment Group after several years of growth. Nardone has Bachelor, from Connecticut University, in Arts in Biology and English and a J.D. from the University of Boston the Law School. Randal Nardone is ranked #557 in the World’s Billionaires list with a net worth of around One Billion, Eight hundred million US Dollars. He is a citizen of the United States residing in New York with his wife with whom he has one kid.

He is the principal of the credit corporation docket at the fortress and also Ncs 1 LLC’s president. He is a chairman and president of Springleaf Holdings, LLC. He is the secretary and vice president at Newcastle Holdings and co-founder at an investment fund of Fortress where he works as the principal, CEO and an executive officer. Randal Nardone also worked at Thacher Proffitt and Wood as a partner. Randal is also a co-founder of an investment trust registered under Fortress and has served in it since November 1999 as its Secretary, Vice president, and CEO. He has also served at RIC, a Co-investment fund, as a secretary, CEO and portfolio manager. In May 1997 he served at UBS as a managing director until May 1998.From June 2002 to 26th September 2016, Randal served at Newcastle Investment Corporation as its secretary after which he was made vice president. He was the secretary and CEO at IMPAC Holdings from May 1999. From 21st December 2011 to 1st August 2013, he served at fortress as its interim CEO. He also served in a financial management company known as BlackRock as a principal.

Fortress was acquired by SoftBank for a cash price of three billion and three hundred million US Dollars. The Fortress principals: Wes Edens, Randal Nardone, and Pete Briger were withheld even after the acquisition. This acquisition was meant to expand the capabilities of the SoftBank group alongside one hundred billion US Dollar vision plot platform which is yet to be established according to Masayoshi Son who is the founder of SoftBank. Randal is confident that the company will grow even under the leadership of Son and that he will keep on advancing the company’s prospects throughout its operations. After the closure of the transaction, SoftBank owed all the subsidiaries and the outstanding fortress shares wholly. The closure of the transaction was made after the Fortress group shareholders approved all transactions on 12th July 2017 and all the regulatory receipts necessary were approved. After the acquisition, all the Class A fortress shares were transformed into a right to obtain 8.08 dollars in cash per share with all proceeds from the merger being distributed according to the procedures for payments laid down in the Definitive Proxy of fortress group dated 7th June 2017 and the acquisition agreement integrated therein.

How Jed McCaleb Is Helping The World’s Unbanked Population

Jed McCaleb is a self-taught computer programmer who lives in the San Franciso Bay area. His first company opened in 2000 and it was called MetaMachine. He had written a program called eDonkey which allowed people to transfer files over a decentralized network. It was also the first software that allowed people to do multi-source downloads.

When blockchain technology was developed he became really interested in it as well as cryptocurrency which is based on that technology. He quickly saw the potential of first digital currency, bitcoin, and he developed the first bitcoin change in existence, Mt. Gox. He has now taken blockchain technology in a different direction than cryptocurrencies with his latest enterprise, Stellar Development Foundation. He co-founded this company which seeks to help the 2.5 billion people in the world that are unbanked. They don’t have enough savings to make it worthwhile for banks to offer them services. This severely hampers them as without access to bank accounts and loans they are unable to participate in the global economy in any meaningful way.

Jed McCaleb says that he based Stellar on open-source coding. This makes it very easy to work with. While something like bitcoin is designed to move value, his goal with Stellar is to link financial institutions together. This makes it far more affordable for banks and financial institutions to offer their services to the huge unbanked population. Money-transfer costs are much lower, he says, by how Stellar functions.

It was in almost three years ago that Jeb McCaleb and Joyce Kim launched Stellar Development Foundation. He says he has spent this time improving the programming and streamlining how it functions. Their company is a nonprofit that has as its mission combining technology and digital financial literacy together.

He is also an advisor to the Machine Intelligence Research Institute. He says that artificial intelligence shows huge promise in making life simpler and more convenient than it is today. MIRI is dedicated to advancing artificial intelligence in a safe way where humans are not at risk. Jed McCaleb is an advisor to this organization in his spare time.

Full article on Jed McCaleb: http://releasefact.com/2018/03/why-did-jed-mccaleb-create-the-cryptocurrency-stellar/

Making Profits Following Paul Mampilly Advice

Being able to correctly pick stocks is an incredible skill. Of course, this is a skill that can turn one into a billionaire.

When is the toughest time to pick winning stocks? When the markets are tanking. And that is exactly when former hedge fund manager Paul Mampilly made his mark.

Picking Winning Stocks

George Soros, Jim Rogers and Marc Faber are some of the big names in the hedge fund industry. Each of them have their own investment philosophies, but the thing that ties them together is success. They picked winning stocks.

When you hear about how stock picker Paul Mampilly got recognized, it seems rather amazing. Do you remember in 2009 after the Sub-Prime Mortgage Crisis and stock exchanges were shut down due to panic? When they started up again, many investors were shorting the stocks, creating a horrible bear market.

At this time, former hedge fund manager entered the Templeton Foundation stock picking contest. The goal was to use a $50 million investment and without shorting stocks, make good profits. This helped re-establish confidence in Wall Street.

In this nerve-wracking environment, Mr. Paul Mampilly earned an impressive 76% gain on his picks. The sky was the limit for successful stock analyst Paul Mampilly.

Stock Picking Author

His stock picking acumen established, Mr. Mampilly decided to take the next step and offer his services to subscribers through Profits Unlimited. Instead, of investing for them, Paul would suggest some good stocks and they would make the move with their own broker. This might be the ideal way to reach high net worth individuals.

Due to his continued success, Mampilly’s Profits Unlimited has hit the 60,000 subscribe threshold. There will never be a time when the wealthy don’t want good advice. And, how many can beat a 76% gain?

Stock picker Paul Mampilly knows what he is talking about. He has been a hedge fund manager and is now an author, sharing his top picks. If you check out his picks, you will see many people making profits following Mr. Mampilly’s advice.

Visit paulmampillyguru.com for more information about Paul Mampilly.

George Soros Is Behind Many Progressive Projects

Any high-profile politician is always going to receive lots of attention. But there is another fact that many not know. Any politician can push his/her agenda only after having requisites resources. What this means is that money plays a role here. George Soros is a billionaire. He is known to fund several progressive projects.

George Soros comes from a Jewish family. He has also been a Nazi collaborator. His mother used to anti-Semitic. She was never proud of the fact that she was a Jew. It was some of a disadvantage for her. She was always looking for ways to escape from this.

Learn more: http://www.discoverthenetworks.org/individualProfile.asp?indid=977

It is known to all that George Soros funds the leftist media. All know that his ties are with over 30 news outlets. They are in the mainstream media. The funds of George Soros are behind the Media Matters organization which is a Clinton ally too. It has a number of media outlets. One of these is The Los Angeles Times besides The New York Times.

He is also known for forming the “Shadow Party.” This comprises of those leftist organizations that are behind the Democrat Party.

George Soros also funds Hillary Clinton. She is the presidential nominee of the Democrats. He has already given nearly $9 million to those Super PACs that are pro-Clinton.

George Soros is also connected with the President of US, Donald Trump. He funded the Trump International Hotel & Tower that is based in Chicago. He has contributed over $160 million to the project. Both of them are sharing a close relationship.

George Soros supports the Ohio Governor, John Kasich,. He had made him win by steering away some votes from Sen. Ted Cruz.

Another thing George Soros is known for is The Open Society Foundation that was founded by him. It states that the all should accept the current refugee crisis that is happening in Europe. They must view it as a normal event. There is no need for anyone to react to it. The only thing that is to be done is to move ahead from here. Learn more about his profile at washingtontimes.com.

He says that this reality has to be accepted by all and governments need to adjust accordingly. George Soros asks them to look at this crisis in Europe as well as the Mediterranean, in a different manner. This would require long-term planning for handling this issue. Hence a different kind of approach is needed here. George Soros has always shown his concern regarding the rising intolerance that is aimed at the migrants. This is something that needs to be pushed back.

George Soros is funding the Black Lives Matter groups. In fact, Open Source Foundation had given $33 million to these groups over the last year itself. Read his profile at Business Insider.

George Soros is now increasing his multi-million dollar investments in the U.S. as well as in foreign companies that look after the extraction of shale oil besides gas. It was the Obama administration that was always advocating using natural gas for reducing pollution and keeping the environment healthy. Hence incentives were given to companies using natural gas. One such company is Westport Innovations that is owned by George Soros.

Arthur Beckers Passions And Pursuits

Arthur Becker has been responsible for silently financing some major developers including Kevin Maloney, Michael Stern and Robert Gladstone. Now he is developing his own condominium project. He is planning an eight unit building and is projecting his sellout at $52.5 million.

According to angel.co, once the project has been completed there will be seven apartments and a penthouse. The units will range from 2,000 up to 4,000 square feet. The estimated selling price will be $2,200 to $3,200 per square foot. This makes the selling price between $5 and $14 million.

Becker purchased a building from Peter Moore in 2012 after Moore had defaulted on a loan. The price was $6.1 million and the idea was to expand the structure from five to ten stories. Becker additionally purchased the rights to the adjoining unit. In New York City alone Becker has invested $550 million in different projects.

Becker additionally has a high profile project involving row condos. A sales gallery has already been put together by the developers but Becker feels it is too early to begin selling the units. He also financially backed PMG and Madison Equities for another condo development project and now owns three adjacent condos.

Arthur Becker was born in 1950 and grew up in Brooklyn, New York. He currently works and resides in New York, New York. Becker earned his Bachelors Degree in photography and ceramics at Bennington College. He attended Dartmouth and started working in New England moving 18th century homes. Additionally he was the CEO of two companies based in technology.

Becker went back to working in photography in the late 1990’s with the goal of creating images of photographs that included texture and was fairly common in paintings. More recently he has been focusing on currency and exploring the meaning of money in relationships. Becker’s work has been on exhibit at the Hal Katzen in New York, the Art Basel, Arcature Fine Art in Palm Beach, Florida as well as Morgan Walker Fine Art.

Check out his website arthurbeckerstudio.com.

Read more: http://perezhilton.com/tag/arthur_becker/

David Giertz: A Shining a Light on Opportunity for Financial Advisors and Their Clients

On June 11, 2014, the WSJ Wealth Advisor published an interview conducted by one of their columnists, Veronica Dagher, in which she talks with Dave Giertz, then President of Nationwide Financial Distributors at Nationwide Financials. The two discussed the lack of attention that financial advisors were paying to the subject of Social Security and their client’s retirement plans at https://twitter.com/davidgiertz .

Mr. David Giertz referred to a Nationwide Financials survey whose findings highlighted that for many people Social Security benefits comprise about 40% of total retirement income. That percentage represents a significant portion that when left out of the conversation could have critical implications for clients and advisors reported on soundcloud.com. Advisors who are hesitant to broach the subject may lose customers to the competition who are willing to discuss Social Security.

Social Security benefits as part of retirement is a complicated issue on Vimeo. Advisors prefer not talking about it to making mistakes; however, that approach can cost clients and advisors enormous amounts of money. Nationwide surveys show that turning on Social Security too early could cost retirees several hundred thousand dollars over twenty-five years.

During his years at Nationwide Financial David Giertz held several positions including Financial Advisor, Senior Vice President-Nationwide Financial Distribution and Sales at Nationwide Life Insurance Company, and President, Senior Vice President and Director for several other Nationwide companies.

Mr. Giertz maintains several registrations including one with the Financial Industry Regulatory Authority (FINRA) as a Broker. He has over 30 years of experience in the financial industry. His education includes an MBA from the University of Miami.

Financial Expert Brad Reifler Provides Investing Tips For the Common Man

Brad Reifler, the Founder and Chief Executive Officer of Forefront Capital, recently broke down the movie “The Money Monster” showing the similarities between real investors and the ones depicted in the movie. Avoiding the common pitfalls when investing can come at a price to less experienced investors. These investors need to become aware of sound investing principles in order to make solid gains on their investments rather than repeatedly suffering losses. In particular, he points out that the richest 1% have access to alternative markets such as public funds, hedge funds, and commodity funds that everyone else is locked out of participating in by the Federal Government.

Reifler gives three main tips that apply to the majority of investors in the United States which will help them on the path to being a prosperous investor. His first tip is to not put all of your money in the stock market and take into consideration the safety of your funds. His second tip is to get to know the people that are managing your funds as you want to know that they’re trustworthy. His third piece of advice is to understand why you’re investing and what your goal is.

Reifler believes that in order to make the most of their money regular investors should have access to the same types of funds that the richest 1% do. He has focused his company Forefront Capital on providing this access to regular investors. He notes that the SEC is coming around to his point of view and a task force has recommended dropping the rule that locks regular investors out.

Reifler founded Forefront Capital in 2009. He founded his first company, Reifler Trading Corporation, soon after graduating from college. He was so successful at his specialty in global derivatives that his company was bought out by the financial Firm Refco.

Brad Reifler also founded another financial company, Pali Capital. He owned this firm for 13 years and achieved over $200 million in profits. Throughout his career, he has focused on how everybody can get involved in investing and how middle and lower class people can save and invest money for their retirement.