Wes Edens is principal and one of the three founders of Fortress Investment Group, a private equity firm founded in 1998. Along with Randal Nardone and Rob Kauffman, Edens brought a deep background of financial knowledge and experience to the new company. A graduate of Oregon State University, Edens had held prior positions at Lehman Brothers and Blackrock, where he was partner and managing director at both companies.
Headquartered in New York, Wes Edens is responsible for the Private Equity Division, the core area on which Fortress was founded. Eden is known for his ability to wade through incredibly complex scenarios, and turn them into substantial returns for Fortress. Due in large part to Edens’s skills and knowledge, Fortress Investment Group has achieved global success. Although Edens is intensely involved and busy with the daily operations of Fortress, he makes time for other interests.
One of Wes Edens’s most interesting projects is a private passenger train system called Brightline. The system is owned by Fortress Investment Group, and is managed by Edens. Brightline trains make several runs each day between Miami and Fort Lauderdale, and runs other routes between West Palm Beach and Fort Lauderdale. The trains offer free wifi, food services, and other amenities. Edens is hoping to continue to extend routes in Florida, and is interested in a Dallas to Houston Brightline connection, as well as other possibilities. Brightline trains have successfully eased the stresses of the commute for many in the area, and have shortened travel times.
Also, Wes Edens is a billionaire with an interest in sports. In 2014, he and Marc Lasry purchased an NBA team, the Milwaukee Bucks. The deal to become an owner of a professional sports team cost 550 million dollars. Recently, Edens and Nassef Sawiris, a wealthy Egyptian, agreed to buy a 55 percent stake in the Aston Villa Soccer Club, an English team. The team was struggling financially, and the 39 million dollars injected by Edens and Sawiris will strengthen the club. Edens and Sawiris, both soccer fans, hope to help bring the club back to a level of maintainable success. Since Edens seems to know how to achieve success, fans should be reassured. Nassef Sawiris and Wes Edens buy Aston Villa controlling stake
Paul Mampilly of Banyan Hill Publishing has been writing about the death of corporations lately. One of his articles says that corporations are an endangered species in the United States, a sentiment that Warren Buffett and Jamie Dimon agree with. The issue is that investors only care about the short-term anymore. People don’t take a long view of company’s viability and profitability and instead just want each quarters numbers to be bigger than they were in the last quarter.
As Paul Mampilly points out, back in 1975 the 100 most profitable corporations accounted for 48.5 percent of all corporate profits. Today that number stands at 84.2 percent. The reason for this is that publically traded smaller companies can’t survive in this environment. Most never go public and stay at privately held companies because if they were to go public they would get slaughtered if they invest in the business for the long term.
As fewer companies go public it means that there are fewer opportunities for regular investors to make money, Paul Mampilly says. These smaller companies stay private which means the only people who profit from them are venture capitalists. This is one of the reasons that there is such a huge gap in the United States today between the haves and the have-nots.
Paul Mampilly was a big name when he was working on Wall Street. He was often featured on financial news shows. His ability to generate huge returns for hedge funds led to the Templeton Foundation inviting him to participate in their investment challenge. During this challenge, which took place between 2008 and 2009, was won by him when he had a staggering 76% return. He was even able to accomplish this feat without shorting the stock of any companies or doing high risk investing.
However, he dropped off the map in 2010. He took some time off and then quietly started letting regular investors in on his trading strategies and secrets. He publishes this information through Banyan Hill Publishing and his financial newsletter, Profits Unlimited. He also writes articles about investment opportunities for other publications this company puts out.
The energy sector is the future of investment. The USA government is working (for the last two decades) to improve the efficiency of the energy sector. Investors like Matt Badiali see this as the excellent opportunity to invest. A quick overview of his Twitter account, one cannot stop admiring the passion Matt Badiali has for investment. He constantly tweets about new investment trends and their impact on the global economy. He wears many hats: as a geologist, financial columnist and as an investor.
As an investor and a financial investment pundit, he has been consistent with his predictions. For example, he predicted a rise in the oil prices in 2017. His prediction was correct and the global oil price rose by 30%. This increase according to him had an impact on investment.
It is through his knowledge of oil and energy that made Matt Badiali sees opportunity in Freedom Checks. Freedom Checks is a new way to invest in this lucrative energy sector. In this investment model, the investor invests with as low as 50 dollars and the profits are high to NYSE. Although the model is similar to NYSE, some aspects are completely different. For example, the federal law gives Freedom Checks the needed legitimacy through MLPs. The taxes on these checks are also extremely low.
With a B.S from the esteemed Pennsylvania State University and Florida Atlantic University for his Masters, Matt is definitely a knowledgeable person in the area of mining. This academic background gave him the best traveling exposure that drastically changed his view on the energy sector. From his travels, he realized that the energy sector has a massive investment opportunity. This is where the idea of taking the advantage of MLPs came. However, the introduction to the world of investment was by a friend. The time he was working on his Ph.D. and the exposure to the world of finance was probably the best incident in his investment career.
What makes Matt Badiali a great investor? He is an expert in the energy industry. He also has a massive experience with MLPs and investments in NYSE. This makes him exceptionally knowledgeable. As a believer of the massive potential, the energy industry has, Badiali is without a doubt the best energy investor in the USA.
Sahm Adrangi of Kerrisdale Capital Management recently had the honor of being the first speaker at a conference held to talk about short selling named, “The Art, Pain, and Opportunity of Short Selling”. This conference featured over a dozen speakers who talked about the challenges facing those who are short sellers, betting that a company’s stock is overvalued and due for a correction to where its price should be.
He named his speech Ad Fraud Opportunities“. Sahm Adrangi along with his colleagues believe that ad fraud is on the increase. When a news report comes out talking about the latest fraud in regards to online ad numbers he needs to be able to quickly predict what will happen to the stock value of the company that is involved. By making correct bets he increased Kerrisdale Capital Management from a firm with $1 million in assets 10 years ago to a company that now manages $150 million.
Sahm Adrangi is notable for researching companies, spotting that they are overvalued, shorting their stock, and then publishing his research. One company he recently called out as overvalued is The St. Joe Company. He pointed out a number of this company’s shortcomings which led to a big decline in this company’s stock value. Among the shortcomings, he pointed out was that they have some pretty desolate land near Panama City Beach which they bought over a decade ago and so far have little to show for it.
Sahm Adrangi released his research showing that The St. Joe Company stock value was very absurd. The market values this company at close to $1 billion. In order to be worth that amount of money, Sahm Adrangi stated that they would have to sell more land than every other company in the Florida Pan Handle put together. It would require that this land would have to become the top-selling master planned community in the United States which is virtually impossible because it is swampland in a remote area that just about nobody wants to live on. He said that this plan has no way of panning out and so he shorted their stock.
Shervin Pishevar, the well-known Uber investors, have been ranting for about 21 hours explaining various issues concerning the United States such as bond market, bitcoin technology, and the emergence of China as a superpower that will replace the United States shortly. His social media extravaganza attracted a significant number of retweets, comments, and shares across different social network platforms given that Shervin Pishevar has gone silent for some time, especially after the issues surrounding sexual harassment that included rape. One of the topics he touched included low start-up companies in the United States.
This is a reality that has been there, and few people have failed to frontier it as a big issue concerning the United States economy. It is common knowledge that there are few United States-based startup companies. Shervin Pishevar has chosen to take the bull by the horn. The investor continues to highlight that sizeable multinational corporation will continue to hold power and control the market for an extended period which is a clear indication that these companies will also be determining the price of goods and services.
The central question that many people should be trying to answer is why there are few startup companies in the United States as compared to other developed countries around the world. The answer is an obvious one; government policies favor the rich and the established class rather than trying to welcome new investors in the industry. This means that most of the rules and regulations formulated and implemented by the government can only be met and adhered to by large corporations.
Shervin Pishevar is trying to give the economists and other policymakers that they have to reverse the trends and frontier trade and business policies that will help new investors invest in the United States so that startup organizations can thrive. One of the significant policy change that should be instituted is taxation where subsidies should be offered to startups based in the country. They will, therefore, be in a position to compete with large established entities. Current rules focus on high taxation which cripples the operations of startup companies which scares investors.
David Zalik is best known as the co-founder and Chief Executive Officer of GreenSky LLC. Mr. Zalik has an incredibly bright mind, so truly bright that he dropped out of high school at just 13 years of age – and by “dropped out,” I mean he immediately graduated high school by passing secondary school exit exams in the state of Alabama and used his near-perfect SAT scores to end up on Auburn University’s campus, one of the brightest in terms of academics in the state.
GreenSky Credit is another common name for GreenSky – the company essentially acts as a broker between lenders with tens upon hundreds of millions of dollars in capital and tens of thousands of loan applicants hoping to become approved customers. However, unlike true brokers who simply act as middlemen or third-party marketing services that attract customers and initialize transactions before shipping them onto their creditor or debtor destinations.
Without the juice Mr. David Zalik brings to the table through his strategy and personality, GreenSky Credit wouldn’t have set uptransactions worth $10 million, let alone upwards of $12 billion since its inception in 2006.
Zalik, a billionaire known for his entrepreneurial skill, was even able to take GreenSky LLC public to raise even more capital for its operations. Less than two years ago, GreenSky LLC reeled in some $50 million on an independent valuation of $3.6 billion in total assets. This happens quite frequently at the Atlanta, Georgia-based business; it’s known as one of hottest investment raisers in the Southeast.
Since David Zalik has such a high personal wealth, he’s able to solicit hefty investments in his co-founded corporate creation of GreenSky Credit from long-term business partners that often invest in GreenSky Credit, newbies who quickly find out they can trust Mr. Zalik with whatever they desire.
Here’s how Greensky Credit reelsin the dough – the contractors that send out the loans to customers through the intermediary of GreenSky Credit break off about 5 to 6 percent of the loan’s value; GreenSky, under David Zalik’s expert leadership, is also able to double dip on commissions earned by taxing customers.
The Dallas Patch recognized Stream Energy for their philanthropic impact they’ve had on the Dallas Community for years across varying causes. Stream Energy is a Dallas-based company that services energy, wireless, protective, and home packages to clients in the Dallas community. Performing philanthropic efforts to the Dallas community is a win-win for the company, as they are helping both the community and their customers. As they aid the community in relief to numerous causes, they also raise awareness to their company and values as an organization.
Stream Energy had established a branch of their company dedicated to philanthropy called Stream Cares. Through Stream Cares, the company is structured to allow employees to volunteer to causes they are personally passionate about.
The Patch reports on Stream Cares’ response to Hurricane Harvey and the relief they were able to provide as one of the first major organizations to help. Stream Energy employees have demonstrated their passion about aiding in homelessness through partnering with Hope Supply Co. An annual Splash for Hope fundraiser provides 1,000 homeless people free entrance and cost fees through this partnership. Located at a water park, children and families are also provided with money and supplies.
Stream Cares frequently partners with other organizations to maximize positive impact on the community. They had also partnered with The Salvation Army to provide relief to victims of the 2016 Texas Tornado. Together they had raised money for people who had lost their homes and businesses in North Texas. With the donations brought in, Stream had matched the total donation and doubled the money originally raised.
The employees of the company have also been able to meet numerous community members through these efforts. The organization has held events for military and veteran families, providing a meal and day event that helps each family focus on the fun in the event, all expenses paid.
Private equity firm Fortress Investment has served for years as a benchmark for the rest of the industry. Founded by well-known wizard of finance Randal Nardone, who serves as the company’s principal and (since 2013) has also served as company CEO. It is a historically notable company because it was the first large-scale equity firm to go public and be offered on the New York Stock Exchange. When it comes to private equity firms, you could not ask for a better example.
Their success has certainly brought a lot of notoriety to the business. And as anyone can tell you, all press is good press. As such, Fortress continues to grow as a company in spite of all obstacles. They have now diversified their portfolio in a big way, which includes management of over forty three billion dollars worth of assets. Over 1,750 investors trust Fortress to manage their business and their money with the same professionalism and care that they have come to be known for. With over 900 employees, this New York based financial powerhouse continues to steamroll the competition. Their business strategy is referred to as “strong risk-adjusted returns”.
The highly diverse portfolio managed by Fortress includes real estate, capital, and all sorts of financial vehicles. The company focuses on long-term cash flow and sustainable profit. This realistic approach is a big part of their success. Their specialties include operations management, corporate mergers, acquisitions, capital markets, and sector-specific knowledge that aids companies and institutions in those important make or break decisions.
CEO Randal Nardone has probably been the single greatest contributor to the success of Fortress. Randal Nardone has a Juris Doctorate degree from Boston University School of Law, as well as a Bachelors in Arts in English and Biology acquired at the University of Connecticut. While many have come and gone, Randal Nardone has served as the solid rock on which the company rests.
Perhaps the main ingredient in the recipe that has led to the success of Fortress Investment is the sense of pragmatism that they employ in all their operations. Company policy and the attitudes of management personnel generally focuses on obtaining real, firsthand knowledge of conditions on the ground. Anyone can look at a bunch of charts and graphs and surveys, attempting to glean a secondhand picture of events, but Fortress goes the extra mile. Due to the often-complicated nature of many of their investments, it is simply not practical or wise to trust important decisions to anyone else’s outside assessment. Fortress Three Top Executives Split $44 Million Bonuses In 2015
The banking industryis a complicated and competitive one. In order to succeed in this line of business, one has to have great knowledge of finance as well as good instincts. These jobs are typically extremely demanding and can be overwhelming for most people. It is on top of being demanding extremely stressful. Despite these common stressors associated with working in the banking industry, some individuals take to it very well. An example of someone who is taken to the financial industry is Mike Bagguley. Mike Bagguley has been in the industry for years and has spent that time accumulating practical knowledge of best practices for the success of the companythat he serves.
Mike Bagguley began his career was a strong educational base. This base was carefully laid with a degree from the University of Warwick. During his time at Warwick Mike Bagguley diligently work towards the acquirement of a bachelors of science in mathematics. He achieved his goal of receiving this degree in 1988. Since then he has dedicated his time to becoming an expert on the best practices for being successful in the financial industry. Currently, he works at Barclays PLC. He serves as COO of Barclays PLC.
His position as COO was announced in May 2014. He was given this role at Barclays after their then current COO Justin bull left in April. Mark Bagguley was tasked with a very important mission. This mission was to overhaul the bank. They believe that there was a lot of room for improvement and there were many opportunities to cut out waste within their organization. After reviewing options they came to the conclusion that Mike Bagguley was the perfect man to do just this. Was his expertise he is able to identify what positions are central to the success of the company and which need to be removed. The strategy was announced in May 2014. This ultimately led to the initiation of a three-year plan to remove the7000 jobs from the company. This accounted for almost a quarter of the investment banks headcount. Since announcing the strategy they have made excellent headway in achieving this goal thanks to the efforts of their new COO Mike Bagguley. This story and more stories like it can be found on Mike Bagguley’s crunch base page.
Jeunesse Global is quickly becoming one of the most renowned household names in the global health and beauty industry. Founded in 2009 by inveterate entrepreneurs Randy Ray and Wendy Lewis, Jeunesse Global has grown from a tiny hobby business run out of the couple’s Florida mansion into a billion-dollar international health and beauty powerhouse. Few times in history has there ever been a company that has proven so disruptive to an established industry in so little time.
And the secret behind this tremendous success has been Ray and Lewis’ ability to spot underserved market niches and to then quickly develop revolutionary products that are both innovative and effective to address those unmet needs. Prior to founding Jeunesse Global, Ray and Lewis had enjoyed phenomenal success in a wide variety of other businesses. They then used those skills in building Jeunesse.
One of the things that helped Ray and Lewis greatly in the early stages of growing the business was the couple’s extensive contacts within the health and beauty industry. Specifically, the couple was able to contact some of the top product-development scientists, including organic chemists, nutritionists and biologists, creating some of the most innovative and effective products that the industry has seen in decades.
The culmination of this work has been the company’s Youth Enhancement System. Designed as a single package of products that meets all the health and beauty needs of consumers, the Youth Enhancement System represents one of the strongest efforts to adapt many of the cutting-edge advancements in anti-aging science of the last three decades into usable products. An example of this is the company’s patented anti-aging molecule. Known as APT-200, the substance has been clinically proven to reduce wrinkles, restore elasticity and promote a vibrant, youthful glow to the skin.
APT-200 can be found in a number of Jeunesse Global products where it serves to compliment the company’s already high-performing skincare products. Other examples of the company’s innovations include its M1nd cognition-enhancing energy drink and its heart-protective Reserve health drink, a product that confers all of the benefits of red wine consumption without any of the risks of alcohol.