ABOUT WES EDENS, CHAIRMAN AND FOUNDER OF FORTRESS INVESTMENT GROUP

Wes Edens was born on the 30th of October 1961. He grew up in Montana and attended Capital High school for his high school education. Later, he attended Oregon State University and graduated with a Bachelors in Finance and Business Administration. After graduation, he secured his first job at a California bank. In 2014, Wes Edens in collaboration with Marc Lasry decided to buy the Bucks basketball team from Herb Kohl at $550 million and a further $100 million for the construction of a multipurpose arena, it was aimed at replacing the old BMO Harris Center.The Bucks basketball team is now valued at $1 billion according to Forbes. He is an accomplished American businessman and a private equity investor. He began his career at Lehman Brothers in 1987 as a partner and a managing director.He later moved to BlackRock’s private equity division where he worked up to 1997 as a partner and a managing director.

In conjunction with Robert Kauffman, Peter Briger, Michael Edward, Randal Nardone, Wes Edens founded the Fortress Investment group with an initial investment of $400 million. The firm has since then grown to become a leading leader in business. However, in January 2018, he confirmed the sale of the firm. 20 years after it was founded, he is selling the Fortress Investment group at a hefty $3.3 billion to Japan’s SoftBank Group Corporation. His accumulated earnings from the sale of the company amount to $512 million. Since February 2017, he has received cash summing up to $11.4 million through bonus dividends. He has also received $1.4 million in invested shares and $200,000 salary. Nevertheless, Fortress Investment Group continues its operations in New York City as an independent business entity.

It also retains Edens, Randy Nardone, and Peter Briger as its principal leaders in a five-year contract. He is also a great philanthropist who focuses on education, arts, and health. Macalester University College, Martha’s Vineyard Hospital and Samuel Waxman Cancer Research Foundation are some of the beneficiaries of his philanthropic work. He is presently the chairman of the Board at Drive Shack Inc and director at OneMain Holdings company amongst other corporations. He is fascinated by sports, business, and politics. He is also interested in horse riding, mountain climbing and running, he has climbed the Matterhorn Grand Teton and Mt.Kilimanjaro located in Tanzania to the East of Africa.Wes Edens has been married to Lynn Edens and together they have four children.

Why Randal Nardone Is Considered An Icon In the Investment Industry

Randal Nardone, Financial Industry
How Randal Nardone became a titan in the financial industry

Randal Nardone is a veteran investor in the world of financial business. His expertise in the field can be traced back to his years of working with financial institutions. Before the birth of Fortress investment group in 1998, Randal was the managing director of the Union Bank of Switzerland(UBS) a potent force in the Swiss banking industry. Prior to this, he had been a principle in BlackRock Financial, a management firm. The law graduate discovered his interest in the financial sector while he worked as a legal partner in a law firm in New York. Mr. Nardone holds a doctorate of Jurisprudence from Boston Law School and has an undergraduate degree in English and biology from the University of Connecticut.

In 2007, he was listed among the wealthiest men in the world with a net worth of $1.8 Billion. Randal was ranked the 557th richest man in the Forbes Billionaire list. He has accumulated a lot of wealth throughout his career and has served as some high-profile personnel in more than eight different institutions across 20 different industries. Besides being the principal and CEO of Fortress Investment group, he is the chairman of Springleaf Financial Holdings Limited, the director of Euro castle Investment Limited and Florida East Coast Holdings. Randal Nardone also serves as the non-executive officer of the Alea Group Holdings Bermuda Ltd.

In 2006, Randal Nardone was appointed to the board of directors of Fortress Investment group and in 2013 promoted to be Chief Executive officer of the company. He has used his position in the company to influence the running of the organization and has seen it become a renowned investment company. Under his leadership, Fortress investment group has been recognized for various awards like the management firm of the year that was given by HFMWeek and Hedge Fund Manager of the year that was granted by the institutional investor. His employees are content and happy working with him and would not have it any other way. Randal Nardone strongly supported the acquisition of the company by SoftBank Group(SBG) saying that it is what Fortress Investment group needed at that time to save their dragging private equity assets. Despite being thrown out of the New York Stock exchange and their assets being consolidated to SBG, they would have more assets that would create confidence in their investors. It was a planned move to raise their business and create better opportunities for the investors.

The Career of Entrepreneur Robert Deignan

Robert Deignan is the co founder and chief executive officer of a digital support company called ATS Digital Services. The company specializes in digital support which helps a number of consumers address their various technological issues. These issues range from problems with connectivity to general troubleshooting of devices. Deignan’s company ATS Digital Services provides assistance to customers who are dealing with their technological concerns on a remote basis as well.

Before Robert started up his company ATS Digital Services, he attended Purdue University on a football scholarship. When attending college and playing football, Robert completed a degree in organizational leadership. He was drafted to play in the NFL and was a member of the Miami Dolphins and the New York Jets in 1997 and 1998 respectively. After a brief playing career in the NFL, Robert co founded a company called Fanlink Inc which was the first of his independent business ventures. He still participates in sports such as fishing where he regularly participates in various tournaments. Deignan currently lives in his native home area of Miami/Fort Lauderdale Florida with his wife and son.

When it came to his business idea, Robert got it from his previous experience working at a company. Before he started his company, Robert worked at a firm that specialized in Anti Malware. During his time at this firm, the company was having difficulty in getting their software installed on a user’s machine. The company had a trial software policy where if users were happy using the software, they were allowed to buy it after 15 days for free. In 2009, the company had difficulty getting the anti malware software installed. In an effort to resolve this, the company would use a phone number for people to call and talk about their own difficulties downloading the software. Through conversations, the company realized that malware has certain software that blocks the installation of certain software. Therefore, the company used technical support personnel to help users remotely. This led to Robert coming up with an idea to provide technical services for computer users who are experiencing difficulty with technical issues.

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Sheldon Lavin: A Thoughful, Caring, Innovative, Visionary Chief Executive Officer

When Sheldon Lavin took over the food processing company the OSI Group in the early 1980s, he had no experience in the industry. His background was in banking, accounting, business and investing. Through his unmatched vision, innovation and skill as a business executive, Lavin was quickly able to take the now 109-year old company to a global audience and make it into a leader in the food processing industry. The company that once was a Chicago area meat market and butcher shop now produces a host of unique, nutritious, delicious food products for the global market.

Under the leadership of Sheldon Lavin, the OSI Group has earned a reputation for creating foods specially designed to satisfy the unique tastes of people from a variety of cultures. His ability to work in harmony with governmental agencies, suppliers and marketing agents from a wide array of countries has helped the company serve customers in over 80 nations. Lavin has also built more than 65 production facilities in 17 countries. Over the past 20 years, they have become China’s largest poultry supplier and constructed 10 poultry processing plants there.

The expansion plans of Sheldon Lavin have included a major push into Europe. Lavin has led the company to create facilities in Spain, Poland, Hungary and Germany. He has also increased the OSI Group’s customer base in dozens of other European countries by purchasing Dutch owned Baho Food and Flagship Europe, which is based in the United Kingdom. Through it all Lavin has maintained high production and environmental stewardship standards that have garnered both him and the company numerous awards and accolades including the British Safety Council’s Globe of Honor.

Even at age 86, Sheldon Lavin remains intimately involved in the company’s day-to-day activities. Married for more than 50 years, family is near and dear to the heart of the father and grandfather. He says one of the things of which he’s proudest is the family atmosphere he has cultivated and maintained in the company, even though it has 20,000 workers on 5 continents. He does that by having an open door policy, listening to the ideas, questions and concerns of everyone from the cleaning staff to junior executives and regularly having meals with the staff. He also encourages everyone to call him by his first name. OSI’s Sheldon Lavin receives Global Visionary Award.

A warm, caring person, Sheldon Lavin regularly donates to a wide array of charities around the world.

About Sheldon Lavin: www.rmhc.org/board-of-trustees 

FORTRESS INVESTMENT GROUP A LEADER IN ALTERNATIVE ASSETS MANAGEMENT

Fortress Investment Group LLC is the leading, most diverse alternative investment manager globally. Fortress Investment manages a total AUM of $43.6 BILLION as of December 31, 2017, since its inception in 1998. Fortress Investment Group is in charge of more than 1,750 invested clients both institutional and private globally over a variety of real estate and credit, capital investment as well as private equity.

On December 27, 2017, SBG (SoftBank Group Corporation) announced the completion of the $3.3 billion acquisition of the Fortress Investment Group in cash. Following the end of the exchange, SBG together with its wholly possessed auxiliaries claim all outstanding Fortress shares. The fruition takes after the fulfillment of all conditions to the end of the exchange, including endorsement of the exchange by Fortress investors on the 12 of July 2017 as well as the receipts of all important administrative endorsements.

Following the acquisition, each extraordinary share in Class A was changed over to get $8.08 a share in real money, merger proceeds distributed as per installment systems sketched out in Fortress’ Definitive Proxy dated June 7, 2017. Its regular stock has ceased its transactions and is going to be deleted from the NYSE (New York Stock Exchange). Fortress’ financial outcomes will be united and diverted on SBG’s solidified budgetary articulations following the completion of acquisition date on December 27, 2017. SBG will report the effects of the union as necessary. Fortification will work inside SBG as an independent business with its headquarter in New York. Post Principals Randy Nardone, Wes Edens and Peter Briger, will keep on heading Fortress. SBG is focused on keeping up the with the authority, plan of action, mark, staff, procedures, and culture that have bolstered Fortress’ prosperity to date.

The SBG is a worldwide group with innovative players in technology who aim to steer the Information Revolution. The SBG is made up of the holding organization SBG Corporation, TOKYO: 9984, and its common arrangement of organizations, which incorporates propelled media communications, web administrations, AI, savvy mechanical technology, IoT and clean vitality innovation suppliers. In May 2017, the SBG Vision Fund, put all inclusive in the organizations and advancements that will empower the following phase of the Information Revolution, held their crucial first closure with over $93 billion in the submitted capital. Fortress is planning to make a significant push in the corporate loaning embarking on raising support under the responsibility of SBG, as per individuals comfortable with the issue.

The Japanese aggregate needed to give up specific controls to get the official endorsement for that arrangement. Fortress Investment Group is now putting crisp faces forward. It has advanced Drew McKnight and Josh Pack to managing partners, closely working with the Credit Head and co-CEO, Peter Briger. Joel Holsinger was the principal senior official to leave Fortress after its deal to SBG. He was an individual from Fortress’ managerial advisory group and the credit investment committee.

Fortress’ latest pool will suffice the next lending procedure it applies inside its Drawbridge Special Opportunities fund. The firm considers taking the direct lending fund open to the public shortly, however, no choices have been made according to one of the people. Hidden Fortress: Behind SoftBank’s $3.3B buy of the asset manager

Fortress Investment Group: Setting Industry Standards For Other Financial Companies To Follow

Fortress Investment Group is a company that has consistantly demonstrated an incredible amount of expertise when it comes to dealing with clients within the field of asset and investment management. Through the years, the company has emerged into one that can stand tall, even amongst some of the biggest names in the industry. The dedication to the clients and the work that the company does for them have all been some of the more prominent reasons why the company has emerged as such a well-reputed name in the industry.

Fortress Investment Group first started accepting clients in 1998. The company was founded by Peter Briger, Wes Edens, and Randal Nardone. All three of the leaders of the company had been a part of the financial industry for many years before they decided to go out on this venture. They had been working with big names and big clients through the course of their career. Each one of the founding members did have a specific area of expertise, which later was then used to build up different sections of the company. Being people who have an ample amount of experience in the industry, the founding leaders of the company sought out to build a company that could one day stand among some of the biggest and best in the industry that they were in. Using their knowledge and skill, they were able to implement several positive developments that worked for the benefit of the company and the things that they took on. SoftBank Group Completes Acquisition of Fortress Investment Group

Over the years, Fortress Investment Group has truly evolved into a name that can stand among some of the biggest in the industry. The company has been able to implement a number of changes to improve its workings and improve the quality of services that are offered to the clients who come to them. One of the more significant developments that the company took on was in 2007 when the leaders of the company decided that it would be a good idea to help make the company public. Before 2007, no investment or asset management company in America had ever gone public. All of the companies that existed operated as private companies, with no involvement of the public sector. The leaders of the company knew that this was something that would set them apart, and hopefully help them achieve the better status that they were hoping for. As soon as the company went public, Fortress Investment Group suddenly becomes a company that everyone was talking about. The company had done something that no other firm had done in the past, and was now setting the pace for others in the industry. This was a big move for the company and was one which paid off incredibly well. A Force of Innovation: Two Decades of Fortress Investment Group

Focusing on the clients and corporates that come to them has always been one of the main principles that the company works around. As the company moves forward into the industry, the leaders hope to keep improving so that they can retain their position within the financial sector. Hidden Fortress: Behind SoftBank’s $3.3B buy of the asset manager

 

The diversity of Doctor Saad Saad in his profession as a Pediatric Surgeon

Flexibility and diversity are some of the most important characters that one should have to fit in any market, the field of profession and area of operation. With these two characters, you can be assured of enjoying great success in the society today. One of the most important people in the world who have benefited much from their diversity and flexibility in their career is Doctor Saad Saad. He is a pediatric Surgeon from Eatontown who was born in Kuwait and brought up there. In the family where he came from, there was a surgeon, a teacher and an engineer and now him who was the youngest kid in his family and is now a surgeon. Doctor Saad Saad could get a lot of inspiration from his siblings, and he wanted to follow them especially his brother who was a surgeon.

Before having the idea of becoming a surgeon, he wanted to follow his brother’s footsteps who was an, but after he observed the conditions under which his brother was working during the summer, he decided to change his career and become a surgeon like one of his siblings.

Nevertheless, his passion and interest in engineering did not just end there. After going to Cairo University and attaining a medical degree, he was able to work in various hospitals such as the K Hovnanian Children Hospital where he worked as the Chief-In-Surgeon and the Co-Medical director at the Hospital. He also worked in King Faisal Specialist Hospital after he was given the golden opportunity to work for a royal family in Saudi Arabia. It is here that his diverse character in his career portrayed itself. He proved himself to have a talent for engineering by making two most important inventions that have become of great use and help up to date.

One of the inventions he made was the establishment of a catheter that would perform various functions at the same time. One of the most critical roles of that catheter was to make the right location inside the patient’s body thus eliminating the use of X-rays which poses some risks of illnesses due to exposure to excess radiations.

The second invention involved the establishment of an improved endoscope. His primary purpose for this invention was to make sure that the patients do not undergo extreme pain during surgery. The endoscope plays a vital role in helping the surgeons observe the body organs of the patient and how they are functioning without doing operations or using X-rays. The improved endoscope also makes sure that the doctors have a clear vision of the body of the patient without the fogs created by the body fluids that act as a block to clear vision. Learn more: https://doctor.webmd.com/doctor/saad-saad-md-3d5f8ce5-a764-4c86-b201-e50ec51cd7f2-overview