Monthly Archives: August 2018

Why Did Fortress Investment Group Get Bought By SoftBank?

Fortress Investment Group is one of New York City’s finest alternative investment management firms. The company was founded in 1998 as a joint venture between Randy Nardone, Wes Edens, and Rob Kauffman; Randy was a lawyer by trade before the incorporation of Fortress Investment Group, whereas Mr. Edens worked in financial services and Rob Kauffman was an entrepreneur best known for being a successful professional racecar driver.

Currently, Fortress Investment Group manages roughly $40 billion in assets that belong to its clients, of which there are about 1,750. Most of Fortress Investment Group’s clients are corporate entities, though some big-name private investors have the company manage their assets, as well.

The world is full of big businesses; SoftBank, based in Japan, is another large business, though it doesn’t operate in the field of financial services like aforementioned counterpart does.

SoftBank is one of the biggest companies in the world. In its most recent fiscal reporting year, the company netted $1.02 trillion in net income from $9.16 in revenue. Although SoftBank usually purchases companies in the world of technology and the Internet, it purchased Fortress Investment Group for $3.3 billion just over one years ago.

One might wonder why SoftBank, one of the world’s most prominent business conglomerates, decided to venture outside of its comfort zone to gobble up the ownership interest of Fortress Investment Group.

Why did SoftBank look to Fortress?

Simply put, Fortress was a safe investment for the company thanks to its consistent results, something that not every alternative asset management firm can manage to pull. SoftBank to Buy Fortress Investment Group for $3.3 Billion.

SoftBank has its hands in the operation of most of its other 400 businesses under ownership. However, SoftBank won’t be advising Fortress on what its employees should invest in or dispose of; rather, Fortress will operate independently – it’s been operating independently ever since it was founded over 20 years ago – making costs of ownership low for SoftBank.

Further, SoftBank doesn’t have to subject itself to the oversight maintained by the United States Committee on Foreign Investments. This will help SoftBank keep its costs of ownership low and returns high.

Learn More: www.indeed.com/q-Fortress-Investment-Group-jobs.html

Gareth Henry, Jamaican Badminton Player, Reveals What Went into His Recent Success

Good mental training, finding the will to smile while facing the potentiality of defeat and perfect timing were all essential elements that helped Samuel Ricketts and Gareth Henry win the gold medal in men’s doubles badminton during the CAC Games at Colombia.

Both of them train thousands of miles separately – Ricketts in the UK, Gareth Henry in Jamaica – and have had a succession of victories as doubles before the games, but their 11-21, 21-19, 21-12 victory over Cuba’s Leodannis Martinez and Oselni Gurrero, will go down in history as their greatest win ever.

“Some of the times during the tournament it’s all about knowing the right time to peak a little and for me and Gary we pretty much timed it perfectly for the tournament,” mentioned Ricketts.

We participated in an excellent match during the semi-finals. The finals weren’t our greatest game but we chose to get the win in whatever way so grinding it out was the best decision.”

Moving to the finals and succeeding was something they planned several months ago during tournaments matches leading up to the CAC games. A bronze medal at Peru around June and a silver medal at the Jamaica International were steps in the direction of their overarching goal.

“We feel really good. We began a couple tournaments back remarking about how we’re aiming to truly win the gold medal this tournament,” Gareth Henry stated after their crowning achievement.

“During that time we weren’t playing that well at badminton but really wanted to come and present Jamaica with a gold medal. Fulfilling that dream or that vision is truly a blessing.” Ricketts explained that a lot of thoughtful preparation went into arranging their big moment.

“Gary and I put in so much mental work, not just active work, but mental effort as well, a lot of connecting. We really spoke it into being,” he stated before Gareth Henry chimed in as well.

“We did a lot of meditation and after every tournament, every match, we talked about each loss and each win in intricate detail to pinpoint a lot of things.”

Sheldon Levin’s Journey To Becoming Chairman And CEO Of OSI Group Is An Amazing Story

Sheldon Levin’s journey to becoming Chairman and CEO of OSI Group is an amazing story. He has been with the company for over 40 years. Lavin is credited with the international success that OSI exemplifies today. The company is still growing and making an impact around the world in business as well as the community. OSI Group began as a family-owned organization in the early nineteen hundreds. Lavin became involved decades later and would proceed to make the organization what it is today.

Sheldon Lavin began his career in the banking industry. He had his own consulting company when he came across and opportunity to work with a Chicago-based business called Otto and Sons. Otto and Sons was originally a meat market founded by German immigrant Otto Kolschowsky. Otto retired and passed the company to his sons. Otto and Sons was discovered by McDonald’s Corporation Chief Executive Officer Ray Kroc. Kroc needed a meat supplier in the Illinois region. After a successful relationship was built, the McDonald’s Corporation selected the family-owned business to be their sole supplier of product.

A new plant would be needed to support the obligation to the McDonald’s Corporation. Sheldon Lavin was brought in to broker the deal and work as counsel for both entities. In time Lavin’s role grew. He developed a great relationship with the leaders at the McDonald’s Corporation. They suggested that he be involved with Otto and Sons full time. Lavin agreed and came on as a partner.

Otto and Sons’ success exploded with the McDonald’s Corporation. The original owners were settling into retirement. Sheldon Lavin continued on and became Chairman and CEO, taking full control of the organization. Otto and Sons became known as OSI Group. Lavin began pushing the operations to an international level.

Sheldon Lavin is an award-winning businessman who has been recognized for his ability to expand his company. OSI has made an amazing impact within the food manufacturing industry during its existence. Lavin is most proud of the fact that there is very little turnover among OSI staff. He believes this is the reason that the company has been able to sustain its growth throughout the years.

Visit More : sheldonlavin.com/

Ryan Seacrest: The Man With The Desire To Win

Ryan Seacrest has now become a household name due to his associations with popular TV shows and radio stations. He is also known to have produced popular tv shows such as Keeping up with the Kardashians. Seacrest is a brilliant entertainer and brings a certain appeal to his audience making him the ideal candidate for TV Shows, radio broadcasting, and hosting appearances.

In 2002 Ryan Seacrest became the co-host of American Idol which eventually resulted in him becoming the sole host. American Idol had a major fan base and dominated the airways as being one of the most sought out shows of its time. As the show gained more popularity through the years it catapulted his career into overdrive forcing the world to pay attention to his many talents.

Seacrest is also a man with a keen sense of fashion which is evident in his clothing line, “Distinction”. The clothing line preserves a man’s masculine shape while introducing various creative but classy shapes, patterns, and textures. His brand has also gained quite the popularity as it can be found in major stores such as Macy’s.

According to eonline.com, Ryan Seacrest’s early beginnings started with an internship at WSTR (FM) in Atlanta Georgia, which he learned many aspects about working in radio business. He later moved to Hollywood which he continued to pursue his career in broadcasting. Clearly this was his first love, so naturally it was his passion to continue working at it. He now hosts his own radio station, “On Air with Ryan Seacrest” which was launched along with its television show. The show focuses on celebrity news, celebrity interviews and what’s trending in the celebrity world.

In 2001 Ryan Seacrest Co-hosted “Live” with Kelly Ripa on a temporary basis but eventually became a permanent presence on the show a year later. This was most likely due in part to his hard work, determination and drive to succeed. Seacrest also likes to give back and has done so by creating the “Ryan Seacrest Foundation”. His foundation is a non-profit, which focuses on inspiring youth through education and entertainment.

Facebook: https://www.facebook.com/ryanseacrest/

Freedom Checks: Knowledge Is Power

Freedom checks have been around for a few years now. They were introduced by Matt Badiali in 2016. Freedom checks are distributed to stakeholders of a company called a master limited partnership or MLP. These payments to stockholders can be made either in a monthly or quarterly fashion. That is up to the company making the payments. Here is what a company must do to be part of the plan and some answers to common questions.

First things first. How does a company become an MLP? The first thing the company must do is make sure that at least ninety percent of the revenue of the company is going directly into the transportation, storage, and processing of natural resources. A good example of an MLP would be an oil company. If a company meets these high standards, then the checks must be dispersed among the stakeholders. This is how the process works.

Now here are a couple of questions about Freedom Checks. The first is are the payments to stockholders legitimate? The answer to this question is yes. The reason is that MLP’s are legitimate entities that trade on major stock markets each day. The main reasons that MLP’s are under the radar are that many people don’t know what they are and brokers don’t know what they are either. This is why it is important to do the homework yourself.

A second question is how do MLP’s pay out so much money at one time? The answer lies in the tax structure. Companies that are MLP’s are required under tax law to pay out ninety percent of profits to their stakeholders. The taxes on these payments are deferred until the MLP is sold. Investors can get in on the action for as little as a ten dollar investment.

These are just a few things that make Freedom Checks so popular these days. With a little investment and luck, people can make a pretty penny when it comes to MLP’s and their structure. One thing the investors know is that knowledge is power when it comes to making big money.

Know More : affiliatedork.com/34-6-billion-freedom-checks

How Does Madison Street Capital Help Companies Make Wise Financial Decisions?

Madison Street Capital is one of the best business financiers in the world. The company has done work with many large firms, and they recently closed a deal with Infinit HR. The growth capital that was acquired in this deal changes the way the company’s debt is structured, and it is a fresh start that many companies need. There are several companies that use the services from Madison Street Capital, and this article explains how their services work.

 

How Does Madison Street Capital Handle Financing?

 

Madison Street Capital handles financing from a number of companies, and they help these firms find a way to expand, to merge, or to sell shares. Madison Street does the valuation work for every client, and they complete a full profile for each business. This is one of the simplest ways for a company to find new cash or to rearrange their debt.

 

What Is The Purpose Of Working With Madison Street?

 

The Madison Street Capital team is expert in business valuation and closing deals. They handle the cash for every sale, and they take care of the paperwork that is included with the sale. There is money to be made for companies that invest with Madison Street. The Madison Street team ensures that all the deals are closed as quickly as possible, and they prefer to help their clients close a deal that may merge them, help them sell shares, or allows them to handle debt financing.

 

The Deal With Infiniti HR

 

Charles Botchway announced the deal with Infiniti HR recently, and the company rearranged their debt with help from Madison Street. It is simple for the company to move on with their plans when they have completed this deal. The Infiniti HR team has done a great job with this new deal, and they may expand their company based on this amazing new plan.

 

The Customer Service At Madison Street

 

Madison Street Capital has a high level of customer service, and they allow customers to call or email for help. This firm has been a proponent of business for some time because they only want what is best for their clients. They act as the middleman in financial transactions that are better for the industry or community at large. Madison Street Capital is likely preparing their next big deal in the coming days and months with their expert team.

 

Read https://www.pr.com/press-release/700593 to learn more.

Alex Hern And The Virtual Reality Evolution

Alex Hern is the Co-Founder, Co-Chief Executive Officer and Co-Chairman of Tsunami VR. Alex and the team at Tsunami have created a new and innovative way of facilitating the previous technological issues of many global businesses all over the world. The virtual reality company has been able to apply software solutions to many industries. Some of the industries include the automobile industry, the construction industry, the health and life sciences industry, the energy industry, the aerospace and defense industry and the manufacturing industry.

Tsunami has already been able to successful provide a virtual reality based solution for an energy company that they recently teamed up with to run a field trial. Tsunami VR helped the energy company to change out a pneumatic drill component while using a HoloLens headset. A process that would usually take over two hours to complete now took only fifteen minutes.

The possible applications of virtual reality can be greatly improved and made more user friendly by implementing it into the world of video games. A recent crunchbase article argued that it is a necessity for more virtual reality gaming studios to exist. The reason is for the people to become more familiar with the new technology. Read more about Alex Hern at bloomberg.com.

However, the gaming industry is currently making a mistake in the way in which they are incorporating virtual reality into gaming. They are remaking already existing games and applying them to the virtual reality software. This is a no go for the virtual reality experts. They would argue that a proper medium must be established. This needs to be done in the same way that Xbox created Halo. Follow Alex Hern on Linkedin.

The virtual reality capabilities are not just an upgrade of a fancy tweak to the already existing interactive computing capabilities. It is a whole new shift in the way we interact with technological software and hardware. Virtual reality is the future of technology and business and it is already here.

Visit: http://tsunamixr.com/

Achievements of Wes Edens

Wes Edens studied at Oregon State University and specialized in Finance and Business Administration. Eden is one of the founders of Fortress Investment Group. Edens is not only an astounding leader in the field of finance but also a professional sports owner since 2014. In 2014, Wes bought the Milwaukee Bucks from the NBA for $550 million. Besides, Wes is a backer of eSports being the owner of FlyQuest which is a League Legends team that competes in the North America League of Legends Championship Series and receives backup from Fortress Investment Group that started in 1998 with Edens as one of the co-founders. The private equity invests in infrastructure, healthcare, transportation, media and financial services.

Wes Edens role at Fortress Investment Group was primarily in the Private Equity division, the core business why Fortress Investment Group was established. Edens’ approach of investment is one that much tolerance for complexity that endeavors for high returns from instruments not in favor or under distress with the capital markets. Difficult or changing environments are interpreted as an opportunity for leveraging scarce funding for a business that needs massive capital investments. The foundation of Fortress Private Equity division was based on the readiness of Eden to take on complex scenarios. Before joining the Fortress Investment Group, Wes Edens was a partner as well as a managing director at Black Rock and Lehman Brothers.


The Fortress Investment Group in which Edens is a co-founder and co-manager owns the Brightline Smart Service. Brightline is the only privately operated and owned passenger train system in South Florida transiting between Miami and Fort Lauderdale. Brightline offers food services, free Wi-Fi and comfortable leather seats to its passengers. There are plans to develop the rail system including a station at Miami covering six city blocks. Food hall, shops, residences as well as connections to various transit networks are ongoing. Edens’ vision is that the Brightline extends beyond Florida.

Wes Edens bought Aston Villa Club, injecting funds into the soccer team after it dropped from the top ranking premier league in 2016. Eden intended to strengthen the club and make sure it returned to its rightful place before the upcoming season and beyond. Aston Villa: Wes Edens & Nassef Sawiris to make ‘significant investment’ in club

Critical Decisions In The Operations Of Fortress Investment Group

Some of the decisions that organizations make might be the reason some of the entities collapsed after short periods of operations and can also be the reason why some old organizations are still in operations despite the changes that face the market. Making critical decisions means moving from what the company knows to a new world where the entity does not know anything. Leaders in some organizations fear that their companies might fail which prevents them from making vital decisions. However, Fortress Investment Group has made some of the most critical decisions that have facilitated the growth of the company.

Fortress Investment Group was the first wealth management company to be listed in the New York Securities Exchange. This meant that the company owner could be transferred to the members of the public where it was expected to be working and regulations of public organization. Although many people and pundits thought that trading in the stock exchange was the end of the company, the company proved them wrong by using the resources from the sale of shares to expand the company.

The second decision involved buying alternative assets that were assumed to be of no value to the company. Through the insight of Peter Briger, the company used much of its funds to purchase some assets, especially in the transport industry that had no value. Moreover, during the financial crisis period, Fortress bought assets at discounted rates from other organizations which were looking to get liquid cash so that they could fund their activities during this period of financial uncertainty. However, this turned out to be one of the best decisions as the company would later sell the assets at more substantial profits that helped the company to be financially stable.

Lastly, the decision to sell Fortress Investment Group to Japanese Soft Bank Group was received with mixed reactions from a large number of people in the wealth management industry. People could not understand why a successful company could be sold to other investors. However, selling Fortress Investment Group to Japanese Investors could open the market for the company to start operations in the Asian market that has vast potential.

Visit More : therealdeal.com/issues_articles/the-closing-dean-dakolias/