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The Role of Wes Edens in Fortress Investment Group’s History

Fortress Investment Group was acquired in 2017 by Softbank group Corporation. During this acquisition by Softbank group Corporation, a premium was charged on the stock price. This premium amounted to $2.25 per share. After the premium was applied to the stock’s share price, the Corporation was sold at a total valuation of $8.08 per share. With this premium that has been charged on the stock price Fortress Investment Group experience an immediate increase in their corporation’s valuation by around $140 billion. This is not the first time that Fortress Investment Group has broken records. Fortress Investment Group became the first publicly traded private equity investment firm in the North American continent during February 2007. During February 2007 with the help of Lehman Brothers and Goldman Sachs they held their initial public offering became the first publicly traded private equity investment firm in North America. Fortress Investment Group was originally founded by five individuals.

Wes Edens was one of the primary principle founding members. Wes Edens is best known as one of the visible founding members and current chairman of the board of directors for Fortress Investment Group. Wes Edens currently owns several sports teams including the Milwaukee Bucks who are based out of Milwaukee Wisconsin. It was thanks to the expert leadership of Wes Edens that Fortress Investment Group was able to be acquired by Japanese technology giant corporation Softbank group.

Wes Edens originally began his career in the finance industry by working for Lehman Brothers investment firm. Before working for Lehman Brothers investment firm, he had attended Oregon State University. He graduated from Oregon State University with 2°. These degrees were in finance and business administration. From the years 1987 until 1993 he worked for Lehman Brothers investment firm. During his time at Lehman Brothers investment firm, he was both a partner and managing director for the investment for. In 1993 he switched his career tracks and began to work for alternative investment firm Blackrock asset investors. He worked there for several years serving as both a partner and managing director for the investment firm as well. After this, he decided that it was about time for him to launch his own investment firm. In 1998 Wes Edens along with the help of four other individuals launched Fortress Investment Group. During the company’s formative years it was able to expand its assets holdings by around 39.7%. Wes Edens continues to serve as the company’s chairman even after its acquisition by Softbank group Corporation.

https://www.crunchbase.com/person/wes-edens

The Life Of Nitin Khanna

Being an entrepreneur can be a pretty difficult job. Being an entrepreneur in a country that you did not grow up in can be even harder. When you are living in an area that does not have a lot of opportunity leaves you with two options, you can either stay there and just do the best that you can with life or you can leave that area and find a way to do better for yourself. Nitin Khanna decided that he needed to leave his hometown in order to find a better life for himself.

Nitin Khanna left his small town in India to pursue a better career path and educational path. He knew that by leaving bigger doors would be opened to better opportunities. He was excited for this opportunity. Nitin Khanna wanted to be successful in his life, but more than that he wanted to be an inspiration to others to show them that they can do anything that they set their mind to.

Nitin Khanna is an entrepreneur that a lot of people look up to. He is proud of that fact. He wants people to know that if they have any questions about the work that they are doing they can reach out to him to find the answers that they need.

Nitin Khanna has no plans of getting out of the business. He is going to work very hard and he has big plans for his future. He is determined to make all of these plans become realities. If he continues to work very hard then Nitin Khanna will continue to do very great things. He knows that the future is not promised, but he is excited to see what the future is going to bring. There is no telling just how far this man is going to make it.

See Nitin Khanna’s profile here https://www.bloomberg.com/research/stocks/people/person.asp?personId=26286906&capId=143882691&previousCapId=290405667&previousTitle=DHISCO%2C%20Inc.

Nitin Khanna Keeps “Executing the Plan”and Achieves Major Success

Nitin Khanna is an enigmatic business figure in Portland, Oregon having successful ventures from many industries including film, wine, and cannabis.

Khanna was born and raised in Himachal India, a small Indian village by a family of entrepreneurs. In his childhood, Nitin Khanna was able to see businesses where he observed and developed his business philosophies that lead to his success today. Khanna attended one of India’s best boarding schools the Lawrence School, which has the motto, “Never Give In” that still inspires him today.

For college, Nitin Khanna came to the US and attended Purdue University getting engineering degrees and only a few years later founded his first company called Saber Software. This company was one of his first major successes selling for $470 million back in 2007.

After this initial success, Khanna founded the M&A firm Mergertech and later became CEO of Cura Cannabis, which became one of the largest producers of cannabis oil.

Nitin Khanna believes in having passions outside of work to maintain a work/life balance. Khanna completely merged himself in entrepreneurship by being on several boards for projects like non-profit TiE Oregon. Nitin Khanna’s statement on Oregon has been, “to help as many startups as he can.” He hopes to be someone to look up to and create an atmosphere of growth for the community. He also continues to support local non-profit organizations.

Khanna is someone to look up to with his eclectic business ventures making him a cultural figure in the business world. He focuses on execution rather than ideas, and says his success comes from “executing the plan”. Khanna is a hard worker with a wide range of unique entrepreneurial pursuits, he’s had involvement with both film and wine and even owned a Portland nightclub where he was a DJ.

His ventures in the wine industry have lead to making the labels Four Handle and Pinot Noir. His involvement with wine doesn’t end there, he is also on the Board of Classic Wines Auction, a charity with annual dinner party he hosts and continues to be involved with many prominent wine events.

Find out more here https://www.imdb.com/name/nm6550997/bio

Peter Harris Partnerships For Growth

Regional insurer CBL has sold 8.5% of its issued capital, 20 million shares, in an effort to increase its share market liquidity. The shares were discounted 11% from Tuesday’s AU$3.35 and offloaded at just AU$3.00 per share.

The managing director of CBL, Peter Harris, sold five million shares. Alistair Hutchinson, CBL’s deputy chairman, sold 5.4 million shares. The 9.6 million additional shares sold by senior management brought the total amount that was generated to $65 million.

A number of investors from Australia and New Zealand made the purchases after the shares had bee released from escrow. This was shortly after the company’s 2016 fiscal year results were announced in February of 2017.

Peter Harris, who served as the Managing Director and CEO of CBL lead an international team. The team provided reinsurance and specialty insurance based on financial risk and credit within the contracting, building, and construction industries. He has expressed that the key to growth within international markets is building quality partnerships. By building strong partnerships with world-renowned distributors who were experts in their fields, Harris elevated CBL to an international level.

As the developer of a successful growth strategy that made CBL an international corporation, Peter Harris took CBL from just two Auckland employees to more than 550 in 25 countries.

He lead the company through its listing on both the NSX and AASX. In terms of annual GWP, Harris oversaw the growth of CBL to morph into the largest insurance company owned by New Zealand. Under his tenure, the company achieved an A investment grade rating and a positive outlook for financial strength from AM.

Peter Harris began as a manufacturing executive and investment banker prior to CBL. He moved into finance in 1989. The United Kingdom Financial Conduct Authority and the Central Bank of Ireland recognize Peter Harris as an “Authorised Person”.

 

Read more here https://rbnzcbl.com/news/

Randal Nardone and The Ecstatic Achievement of Being Part of Forbes’ Billionaire’s List

It’s not a farfetched idea to say that entrepreneurs are dreamers. Those who indulge in risky investment transactions with large but uncertain payoffs dream of a better product, a better home, a better way of doing things. They are the dreamers that the world needs, and it is because of them that we enjoy the most wonderful products today. One of these fascinating successful business leaders who dream big today is Randal Nardone, the Co-founder of Fortress Investment Group, which is considered as one of the biggest asset managers in the business world, mostly specializing in alternative properties.

The Forbes List of Billionaires

You are no billionaire if you’ve probably not been part of Forbes’ Billionaire’s List. Which is why Randal Nardone is an official billionaire now, right after being part of the Forbes List, which he holds in 2007 in Rank No. 557. The position is an overwhelming achievement for Mr. Nardone, considering the way that he was able to acquire such level of success. It may also have helped that he only got his formal education at University of Connecticut, with a Bachelor of Arts, as well as a Doctor of Jurisprudence at Boston University.

With such talent in finance and legal background, Randal Nardone has become a man that gave his professional career a boost by becoming an executive at ThacherProffitt and Wood, and also stints at BlackRock Financial, but it was really when he co-founded Fortress Investment Group in 1998 that he hit the jackpot. It was during his investment ways for such project that he was able to get the level of success that he enjoys today. With other billionaire partners like Peter Briger and Michael Novogratz, he is able to make sure that Fortress Investment Group stays relevant enough that he could maintain his ranking still at the Billionaire’s list.

The Career at Fortress Investment

Randal Nardone is right now acting as the Interim CEO , and his amazing work with such position involves acting out as the company’s CEO, and engaging with all the activities that are given as responsibilities for such an executive. Being the co-founder and principal of the company also means that he is responsible in making sure that the company sustains its reputation of a large investment company operating with ethical standards.

TigerSwan Gives Military Officials a New Career

The world of business is a place that is open to anyone of any background. When it comes to success, the only thing standing in the way is a personal drive to push forward. James Reese entered the business industry in 2007 upon leaving a 25 year service in the military. As a Lt. Colonel, the lives of his teammates and the reputation of his country was always on the line. He believes that his abilities as a good listener and leader made him a natural born company CEO. The website for TigerSwan recently published a blog post about how James Reese evolved during his career.

James Reese believes the biggest difference between being a commander and a CEO are the expectations of those who serve underneath you. Instead of being in a life or death environment, the employees want to have long-term security. TigerSwan boasts an operation spanning numerous countries with over 300 employees in the system. The company is labeled as a Service-Disabled, Veteran-Owned Small Business (SDVOSB), where disabled military workers come to gain work experience. It creates a group space where each person is there for the same and can relate to each other on a personal level.

The skills for becoming a military commander are simple, while running a business like TigerSwan requires overcoming a high level learning curve. James Reese never imagined the amount of technical knowledge it would take to run a business. TigerSwan overseas a lot of operations and many moving parts. He had to learn about managing a budget, determining price tags, and taking into account the individual skills of each person under his wing. The recruitment and advancement process is more fluid at businesses like TigerSwan

TigerSwan is proud to have a diverse workforce where anyone from anywhere can get the skills they need to get back on their feet. The company has people from the community and other local officials passing through the office on a daily basis. The result is a business is focused on the future and bringing the TigerSwan name to more places around the world.

Read more here https://jamesreesetigerswan.contently.com/

Isabel dos Santos Continues To Use Her Leadership Abilities To Improve The Lives Of Women In Her Home Country

Isabel dos Santos has been working hard to make life better for women in Africa for many years. When she was younger, she traveled to the United Kingdom where she attended primary school. Her interest in technology and the field of science motivated her to later attend King’s College in London. It was there that she completed her electrical engineering degree. While studying at the college, she also became a much better problem solver, which has continued to assist her in her career ever since.

After finishing her studies, Isabel dos Santos was motivated to help other women accomplish their educational goals. She fully understood the value of a good education and wanted to help women in Angola as well as the rest of Africa who desperately needed a helping hand. Over the years, she has continued to help women by supporting educational initiatives that offer scholarships to them. Dos Santos knows that an educated woman is more able to gain employment, and she has been happy to be able help improve communities in Africa where poverty is prevalent.

Isabel dos Santos is the founder of UNITEL, and she has been using her position within her company to help bring technology to rural locations in Africa. Many people do not have access to high-speed internet in Africa, and this limits their opportunities. Dos Santos appeared before the European Parliament to help shed light on the struggles of people in Africa who are in need of internet access. She has taken direct action by helping to lay a large network of fiber optic cabling through UNITEL. More Africans will be able to communicate with one another because of her hard work, and they will also have access to a wider range of jobs.

As a modern day entrepreneur, Isabel dos Santos has used her social media accounts to help promote the causes she supports. She has helped to highlight successful working women in Africa on her Twitter account and has also Tweeted articles related to leaders in the nation. On her Facebook page, she has continued to share information about successes in Angola where people need all of the help they can get.

Isabel dos Santos’s: Facebook Page.

Richard Liu Qiangdong on Different Steps Jingdong is Taking to Reduce Carbon Footprint

Richard Liu Qiangdong is a man who is blessed with brilliant business foresight, and it can be seen in the success his tech company has achieved in a decade and a half. It is not a cup of tea for everyone to build such a huge business empire out of a small store in an electronic complex in Beijing. Achieving consistent growth is always on the business agenda of Richard Liu Qiangdong, and he works closely with the investors and his management team to come up with result-oriented business strategies. The efforts made by Richard Liu over the years have paid him off well, and the company has grown into one of the biggest e-commerce companies in China and is often referred to as Amazon of China.

One of the reasons why JD.com is often compared to Amazon is because both these e-commerce companies started out small and went on to dominate the e-commerce sector in their respective sectors, and follows the direct selling model. Richard Liu Qiangdong decided to follow the direct-selling model for JD.com because it would ensure that the products would cost lower than what the competitors offer it for to the consumers, and it would ensure better quality-checks. It is one of the biggest issues in the largest e-commerce market of China that the customers are delivered counterfeit or cheap quality products, while the website showcased something else altogether.

Richard Liu Qiangdong has kept JD.com away from such criticism by investing heavily in its quality checks processes and customer services, which closely monitors what the customers are looking for and saying about the company. Richard Liu says that Jingdong can only survive in the market if it listens to what its customers want. He also ensures that the company is using its resources well and is reducing waste wherever possible. The company also uses solar energy in different warehouses so that they can reduce the usage of non-renewable sources of energy. They also encourage other businesses to do the same to reduce their carbon footprint. Click here.

Michael Nierenberg Discusses the Benefits of Homeownership

Many people in the United States enjoy the ease of renting instead of homeownership. This is because many individuals and families don’t have complete insight on the benefits of mortgaging. Michael Nierenberg wrote an article that touched base on the advantages of owning a home.

As the head of one of the premier investment firms in the country, Michael Nierenberg has attained much knowledge about mortgage investing. He states that many people see homeownership as a confusing situation; but it is one of the safest investments a person can make. One of the benefits of homeownership that Michael Nierenberg mentions is increased privacy. This is something that is minimized if you’re a renter; in most cases. Another benefit that he elaborated on was increased property value. This is a big factor for homeowners who plan to sell their house in the future. As Michael Nierenberg expresses in a recent article, when you own your house, you can make home improvement customizations; that can ultimately raise your home’s market value.

Reuters: https://www.reuters.com/finance/stocks/company-officers/NRZ

Richard Liu Qiangdong Views on Professionalism in the Tech-based Markets

In a 2018 report on the most lucrative niches in the world of investment, tech-based companies topped the list in terms of profitability. One of the people that have been instrumental in this shift is — Richard Liu Qiangdong. Business journals have labeled him the father of virtual markets, thanks to his unmatched contributions to this market. In his market, Liu is also synonymous with many things, but he is more popular because of his company’s success and his outstanding contributions to the market. His journey in this new market is, however, an illustration of his view on professionalism, productivity, and more importantly, his views on customer satisfaction.

In the past two decades, the JD.com chair has appreciated the importance of partnerships, especially in the new market. He is, therefore, one of the people that have invested heavily in partnerships, especially with other stakeholders. Thanks to his beliefs on partnerships and collective approach to projects, Richard Liu Qiangdong has redefined the market in the following two ways. First, the partnerships have enabled him to find the right partners to his own company and therefore discovering the right investors for his company. Second, JD.com has moved to other new markets, and the business executive believes that this growth is because of his social capital. Twenty years ago, the market was relatively unstructured, but Liu points out that technology is one of the reasons why the market is currently competitive and efficient.

Therefore, each policy in his company must acknowledge the importance of technology and more importantly, each tech-based policy must help the company to improve its interaction with customers. In the last 48 months, Richard Liu Qiangdong has been instrumental in different tech based investments within the company. For example, Liu was instrumental in setting up an analysis lab, where the company will be able to analyze all the market trends and transform them into actionable information. Liu believes that the lab is the future of understanding human consumptions. In addition to all these projects, Richard Liu Qiangdong appreciates the effort of his employees, especially in this era where the personalized shopping experience is vital. In order to ensure that the culture of customized shopping continues, he believes in creating working spaces that are employees-centered.

If you want to learn more about him: Click here.