Fortress Investment Group: Evolution of a Behemoth

Fortress Investment Group began operations in 1998. The company came out of the gate as a hard-charging alternative investment vehicle for institutional investors and high net worth individuals. Fortress currently holds over $43 billion in assets with 1750 clients. Their long-term investment strategy is one of “strong long-term risk-adjusted returns”

Started by a trio of talented executives, Fortress Investment Group began operations with decades of experience. Peter Briger, Wes Edens and Randall Nardone brought their own unique disciplines to the company. The founders delivered expertise gained from the bedrock firms of Wall Street. Fortress took off, quickly growing from $400 million to over $3.9 billion in the first few years of operation. Growth was tied to it’s first asset fund.

The Fortress Investment Fund I was the company’s first investment vehicle. Real Estate, debt securities, hedge funds were some of the first assets.

Fortress grew quickly. The owners began to branch out into their own personal passions. The company continued its hard-charging path, never deviating from its founding principles.

Core Investment principles:

  • Asset-based lending
  • Operations management
  • Corporate mergers and acquisitions
  • Capital markets
  • Sector-specific companies and institutions

The Initial public offering of Fortress Investment Group in 2006 was historic. It was the first time a large-scale investment firm had gone public on the New York Stock exchange. The IPO offered high risk and high rewards of hedge funds to private investors. Growth was explosive. The first Fortress fund expanded into II, III and IV. The Partners and Value funds brought online. The Drawbridge Special Opportunities and the Drawbridge Global Macro Fund created diverse offerings to high-value clients, desiring a more diversified portfolio. The Fortress Brookdale Investment Fund added to the mix.

The next few years saw a myriad of funds and investment vehicles offered to its clients. Acquisitions had been going on for nearly a decade, as the company ballooned in size. Fortress added international investments to enhance the companies worldwide portfolio.

Fortress had the golden touch. 2010, saw the acquisition of AIG’s American General Financial Services. The value of the investment skyrocketed in a short five years, gaining almost 27 times its value. Mergers and acquisitions were taking place at regular intervals. The company gained a significant foothold on the international scene. New headquarters were popping up across the globe.

Fortress assembled elite talent. Recognition by their peers was happening on a regular basis. Fortress Investment Group’s innovation to the markets was being hailed the world over as revolutionary.

Softbank purchased the behemoth investment company in 2017. Fortress continues to operate as a separate entity. The acquisition by Softbank, headquartered in Tokyo, brings a broad worldwide dynamic to the path of Fortress. The synergies created will bring about massive improvements in technology for both companies. Trends, opportunities, communication can now be acted upon in near real time.

Softbank has created worldwide goals of leadership in targeted industries that carry enormous opportunities for growth. The next stage for these dynamic companies could see a revolution in asset management. SoftBank to Buy Fortress Investment Group for $3.3 Billion

The Facts About Louis Chenevert and His Leadership in Business

With a deep knowledge of consumer needs and a desire to deliver new products in a 30-year cycle, Chenevert drove profound change at United Technology by putting the spotlight on a core of small teams with an operational leadership unit that was given the means, supplies, and freedom to create transformational merchandise. Executing purchases that would establish security was accompanied by an intensive study to rest assured essential goals continued to be reached. At UTC, the focus on practical skill and planning was crucial to presenting concepts that would generate returns that topped consumer’s presumptions.

Usually, conflicts don’t get better without proactive intervention, so by tackling the problem right away, you create a culture of success. Avoid enduring personalities that don’t mesh with the program because value leeches impede the evolution of businesses. People also like to be affiliated with winners because it rubs off on them. Praise and encourage people who bring problems to light quickly. Spend your time with people who are making big wins as you’re the sum of the people you spend the most time with. With the right team, most obstacles are just a bump in the road, value your comrades, and always love your clients. Lastly, reward healthy risk-taking in the pursuit towards growth.

Chosen as President & Chief Executive Officer in April 2008, Chairman in January 2010, and serving those positions till retirement in 2014, Louis Chenevert held the Chief Operating Officer (CEO) post and was the Director of United Technologies as long as 2006. Starting out. Chenevert completed 14 years at General Motors (GM) as Production General Manager in St. Therese. In 2011, for Cargill Inc., he also operated on the Board of Directors. Since 2017, he was appointed as the Chairman of the Congressional Medal of Honor Foundation. Chenevert entered the Merchant Banking Division of Goldman Sachs as Senior Industry Advisor from 2015-2017 and is a representative of the Business Council. In 2005, Chenevert was inducted as a Fellow of the American Institute of Aeronautics and Astronautics.

http://www.yachtingmagazine.com/louis-chenevert-horizon-yachts-P105-design

Stream Energy: Giving Society Unreservedly

Homelessness is a big problem in the state of Texas. This is according to statistics from the U.S. Department of Housing and Urban Development. The most prevalent cause of homelessness is unemployment and low income.

Other causes of homelessness are eviction, abuse, incarceration, mental problems, a change in family status, and drug or alcohol abuse.

Stream Energy launched Stream Cares. This is a humanitarian foundation whose main aim is to provide homes for the homeless.

For over a decade, Stream Cares has combined efforts with other humanitarian organizations to eradicate homelessness among the veteran community.

Corporate philanthropy is a new phenomenon that has the potential to change the lives of people in the community. It also helps in the marketing of the company’s products. It gives the companies much-needed societal goodwill.

To tackle the homelessness problem, Stream Cares partnered with Hope Supply Company. This is a charity organization whose objective is to meet the necessities of homeless children.

Hope Supply organizes an annual event at a water park in Texas where children enjoy playing with one another in a new environment. For more than four years, Stream employees and associates join the fun and donate money and supplies.

Stream Cares was one of the first respondents when a number of tornadoes hit North Texas. They responded by donating money to help alleviate the homelessness problem.

Stream Energy has also been involved in other projects such as Once in a Lifetime, where they organized transport for underprivileged veterans to reunite them with their families.

Another generous act was when Stream Cares paid all expenses for the American Girl Doll Experience.

Stream Energy continues to identify opportunities through which it can lift the lives of the less fortunate by devoting their time, energy and finances.

Stream Energy uses network marketing business model to promote the sale of its energy products. Stream pays its associates commissions when they sell products to consumers or by recruiting associates.

https://patch.com/texas/dallas-ftworth/dallas-based-stream-energy-creates-stream-cares-philanthropy

Tweet Storm Gets Recapped – Shervin Pishevar Wrote It On February 5 And 6, 2018

Twitter is one of the most popular social media sites on the world wide web. Though it doesn’t have the two-odd billion monthly users that Facebook does, Twitter’s unique infrastructure allows its users to pound out tens of tweets at a time, lending itself to funny stories, and even the aptly-named “tweet storm” published by Shervin Pishevar on February 6, 2018.

Shervin Pishevar – assuming that you don’t, somehow, know who he is – is best known as a venture capitalist that used to work for Uber. His interests range wildly, though they include software, cryptocurrencies, the stock market, and anything about business.

Here’s a short recap of a few of the tweets Shervin Pishevar provided the public with, first to his 90,000 followers, then throughout the rest of news media.

All investors are familiar with the stock market plummet of February 2018, when the Dow Jones stock index dropped more in just two days than it had in any other two-day period since January 2016. Although Shervin Pishevar didn’t predict the exact date, he claimed that a “6000 point drop in aggregate in months ahead” would rear its ugly head. The following 49 tweets discussed several topics, though they all were woven together to explain Mr. Shervin Pishevar’s thoughts on business and its many manifestations.

The stock market didn’t quite reach such a drop, though a 2,000-point drop is unarguably substantial. One must wonder whether the Dow Jones drop was a coincidence, or if Shervin Pishevar had some kind of insider knowledge!

He’s just that smart.

Bitcoin reached a price pinnacle in November 2017 of just under $20,000 per coin, and dropped since. It ended up reaching a low of $6,000 around the time Shervin’s tweet storm was shared with the world.

Though Bitcoin prices have since rebounded, Shervin tweeted “Bitcoin will continue to crash but stabilize at 2-5k range and began a more stable rise over next 24 mo’s.” Shervin’s Bitcoin prediction certainly isn’t far off from what could happen, as its volatility lends itself to unpredictable swings – well, unpredictable to the world, but not to geniuses like Pishevar.

www.imdb.com/name/nm6840912/

Adam Milstein Cares About More Than Just Himself

Adam Milstein grew up in Israel. He loved being around family and friends, and he enjoyed all the annual festivals. However, his mind is still plagued by attacks on Israel from radical Muslim groups right before his eyes. This gave Adam the fuel he needed to join the Israeli army. He fought in two wars before moving to the United States with his wife.

Adam went on to receive a business degree from USC, and he was able to open up several different businesses. Throughout all his success, Adam Milstein never forgot Israel. He is currently on the Jewish News Syndicate board, and he studies and writes news about Israel and distributes that news to both Israel and the United States via the Jewish News Syndicate.

In his most recent article, Adam Milstein discussed the terror Israel is facing from Muslims in the middle east. Adam opened a lot of eyes with his article, especially the eyes of people in America. He described how, for a long time, people believed only radical Muslims were against the Jews. He displayed evidence on how all Muslims want to get rid of Jews. This goes for both radical and non-radical Muslims.

Adam Milstein ended his article by discussing the racial pressure Jews feel in the United States. Though many groups fight for freedom of religion, this is seldom done by Jewish people. However, Adam Milstein believes Jewish people should start speaking up regarding freedom of religion. Adam gave concise dates of when Jewish people came to him personally complaining about how they were being mistreated due to them being Jewish. Some of these individuals were told to remove the Star of David, and others were told not to observe any Hanukkah practices in public. This is the first time Adam realized Jewish people were being oppressed in America. Adam plans to do more to help the voice of Jewish people be heard in America.

https://www.facebook.com/adammilsteiniac/

The Career Of Nick Vertucci

Nick Vertucci’s Childhood:

 

Nick Vertucci was without a father for a large portion of his childhood. Vertucci lost his dad when he was 10 years old, and his mother often was unavailable. She was at work most of the time. She often worked from the time that he would come home from school until he was asleep.

He was homeless at the age of 18. He didn’t have much more than his van at the time. He managed to start a business despite these circumstances.

Nick Vertucci’s First Career:

Nick Vertucci is well-known for his success in real estate, but this wasn’t his first business. Initially, he owned a computer store. The store was quite successful, but it went under during the dot com crash. This put the family into debt, and they lost many things that they loved. Luckily, they were able to avoid foreclosure.

The Real Estate Career Of Nick Vertucci:

A three-day real estate conference sparked his interest in the field. He wasn’t knowledgeable about the subjects that were being discussed though. However, he was amazed by the amount of money that the conference’s attendees earned by working in the field.

As soon as he returned home from the conference, he spent a lot of time studying how to be a realtor. The realty business that he started quickly became successful, and he earned millions of dollars.

How You Can Learn From Him:

The Nick Vertucci Real Estate Academy offers free workshops. While these workshops are highly informative, you can learn even more of his secrets to success by attending one of his classes. Signing up is extremely easy, and you can do it online. The classes are taught by a team of experts and student educators.

What Type Of Information Is Given In The Classes?

The classes that Nick Vertucci Real Estate Academy offers work off of the assumption that people who are interested in real estate are willing to work hard and are motivated. However, they are designed for people with little to no knowledge of the field.

Mike Baur: Helping startup businesses grow

Although many startups fail from the inability to compete with the large corporations, those that make it in the market are offering the big corporations a run for their money. Going into the future, the biggest threat to the big corporation will be the startup companies that are taking shape today. Startup businesses have the benefit of trying out their ideas with no big risk. It is therefore highly probable for the startups to come up with revolutionary ideas since their risk is limited. They have the opportunity of thinking outside the box and common up with innovative ideas.

Mike Baur is one of the Swiss who is making a huge change in the country. He has focused his attention on helping new business people acquire the right knowledge and experience needed to successfully run a startup business. Through his company Swiss Startup Factory, Mike Baur recognizes that there is a gap in the society that needs to fill. Many startups entrepreneurs do not have the requisite knowledge to make them successful in their entrepreneurial endeavors. After working in the banking sector for over two decades, he came across numerous entrepreneurs who had very good business ideas but lacked the knowledge to help them realize the full potential of their ideas. What Mike Baur offers is an opportunity for the young entrepreneurs in the digital sector to learn what they could do to make their businesses successful. Those who would like to benefit from his mentorship and straining are required to subscribe to a three months accelerator program that will see them learn all the important aspects of a business.

From the startup accelerator program, participants first of all are mentored and trained by experts who have huge experience in the business sector, including Mike Baur. They are then offered an opportunity to meet and interact with people who have made it in the business sector. These are people who can give them advice on what they should expect in the business environment and how they should cope with the challenges that ensue. Mike Baur then helps people who participate in his incubator program gain access to financing needed to start their businesses. He also trains the participants on how they should develop business links with potential investors who can fund their business expansion plans. Mike Baur ensures that everyone who attends his program is trained on how to successfully market their products to potential customers not only in Switzerland but also to the whole world. He also provides the participants will free rent offices in Zurich, where they can set up their business offices.

Mie Baur is very committed to this cause and hopes that he will manage to help as many people as possible establish businesses that will grow into multinationals. The startup business in the country is expected to get bigger as more entrepreneurs look to invest in their businesses instead of going into formal employment. The government of Switzerland has been very supportive to startups growth by ensuring that the infrastructure needed for businesses to thrive is available.

 

 

Felipe Montoro Pursued Private Partnership Goals in Enhancing the Brazilian Economy

It doesn’t matter how bottom you fall but how fast you rise. Felipe Montoro Jens, a financial expert, explains how Brazil has hit hard economic times, the path the governments choose to follow to revamp the state and the future of Brazil. There was a strong identity prevailed the 20th century, but the state slowly changed due to political temperatures.

National Confederation of Industry puts it that the response to investment demands Brazil had to modernize its sectors. Following the huge debt, the state was struggling with the privatization began which birthed the National Privatization Program in 1990. The government would propose the sectors that needed privatization such as aeronautical, petrochemical and steel industries. The 1995 Concessions Law determined the transport, telecommunication, banking corporations and sanitation as the priority.

Over the years the country has traded favorably and even improved in their infrastructural systems thanks to privatization reforms. Going forward, the Public-Private Partnership Act of 2004 received an affirmative stamping from the government. In 2008, a long-term plan was established to address the dilemma in private capitalization; first, the Fixed Telephone Service had to be globalized.

About Felipe Montoro Jens

Mr. Jens is the Chief Financial Officer of Odebrecht Participaes e Investimentos, a company that deals with financial planning, controlling, treasury management and corporate governance. It has operations in South Africa, Singapore, and the United Kingdom. He concurrently is the Chief Executive Officer of Energipar Captação. He has worked with several esteemed institutions including Terna which outsources PricewaterhouseCoopers for consulting and audit duties.

Felipe Montoro Jens is an alumnus of Fundao Getilo Vargas and later the great American Garvin School where he obtained an International Management Master Degree. He is a prominent Financial and Management expert incognito by the Brazillian National Bank for Economic and Social Development. Other than these, he has vast knowledge in Infrastructure.

Robert Ivy Contributions To The Success Of Architects

Robert Ivy is the Executive Vice President and the Chief Executive Officer of American Institute of Architects (AIA). The Washington based company has more than 90,000 members. American Institute of Architects is a professional organization for architects supporting their public image and profession.

Robert was made the CEO of the company in 2011. Robert attended the University of the South where he graduated with a degree in Bachelor of Arts in English. Later, he joined Tulane University where he earned a Masters of Architecture.

After completing university, he began his career journey in 1996 at Architectural Record as the Editor in Chief. The career as an editor improved his knowledge. With his intellectual skills, the record was named the most widely read architectural journal.Under the leadership of Robert, the architectural record has received many awards like the premier magazine journalism award and the American society of magazine editors’ national magazine award. Moreover, the record has attained folio design awards, 26 Jesse H. Neal awards and the 2008 MPA digital award among others.

Follow Robert Ivy on Twitter

Also, Robert worked as the Editorial Director and Vice President at McGraw-Hill Construction Media. McGraw Hill Media consisted of Architectural Record: sweets, HQ magazine and constructor among others. Ivy attained the McGraw-Hill award for management excellence in 1998.Robert was humbled and appreciated to be on the panel that chose Frank Gehry as the architect to design the National Dwight D. Eisenhower Memorial. Robert Ivy has received many personal awards such as in 2009 Ivy was granted the Crain award.

Mr. Ivy is a senior fellow of the design futures council. Due to his high-rated efficient on the value of design, Ivy was voted the master architect by Alpha Rho Chi which is the national architecture fraternity. In 2001, Ivy published his excellent standard biography, Fay Jones Architect, and currently, it is in its third edition.

Ivy is passionate about making AIA a strong association. He popularizes AIA through advocacy strategies, public outreach, and education initiatives. He encourages public awareness of AIA for the value of architects and their relevance. AIA has tremendously grown ever since Ivy stepped in and he is focused on scaling its heights.

Why Tony Petrello Runs Nabors, Inc. in a Positive Manner

For Tony Petrello, the idea behind the oil industry is something that he can use to help other people. He does not see it as a way for himself to make money or as a way for him to improve Petrello’s own profits. Instead, he focuses on the help that he can provide to other people and he feels that is enough to ensure he will be profiting. This has worked for him for years and he continues to be one of the highest-paid leaders of a company in the U.S. For Tony Petrello to have this honor is a big deal because he did not come from a background where people made huge amounts of money. His upbringing was humble and he was just a regular person before he figured out the right way to do things and how he could ensure he would be offering people best opportunity possible.

As things have changed in the oil industry, Tony Petrello has learned the right way to run his business. He knows he will be able to help other people out and he will be able to offer them all of the opportunities need to be successful. It is something that Tony Petrello has remained committed to and something he knows a lot about in the industry he has worked in. The oil industry has seen changes, but Tony Petrello has made sure that Nabors, Inc. can keep up with all of the changes and the different things that happen in company.

While Tony Petrello has done all of this to help the company, it has also helped him to increase his profits. He knows what he can do and how his company will see improvements no matter what is going on. He also knows the right way to help other people so they will be able to experience more out of the situations they are a part of. This is all part of the business model that Tony Petrello created for himself and for the company that he is trying to run in the best way possible.

Other oil companies have seen what Tony Petrello is doing, and they want to do the same type of things. There are many that are now following in his footsteps with the opportunities they have for other people. Many of the people who are doing business in the oil industry are trying to do things similarly to what Nabors, Inc. is doing. Tony Petrello has been so influential. He has set many examples for other companies and his business is changing the oil industry. He plans to continue doing these changes and making the industry the best that it can be.

Learn More: www.inc.com/profile/nabors-industries