Monthly Archives: June 2018

Unprecedented Growth of Fortress Investment Group

In 1998, three gentlemen contemplated creating a unique type of investment management firm that would raise equity fund and invest it in cutting-edge vehicles. The three gentlemen; Wesley R. Edens, Rob Kauffman, and Randal Nardone, founded Fortress Investment Group which was only a private equity firm. Later, the form grew into a large alternative asset business that manages alternative investment strategies for its clients. Currently, Fortress manages private equity, hedge find, credit fund, permanent capital vehicles and other traditional asset strategies.The operations of Fortress Investment Group has been divided into three segments; credit, permanent capital vehicles, and private equity divisions. The section constitutes of Fortress Credit Opportunities Funds, Fortress Real Estate Opportunities Funds, Drawbridge Special Opportunities Funds, Drawbridge Real Assets Funds, Fortress Japan Opportunity Funds, Fortress Secured Lending Fund, Fortress Japan Income Fund, and the Drawbridge Long Dated Value Funds. The division was launched in 2002 after the arrival of Peter Briger, who is currently the chief of the segment; alongside Dean Dakolias, who joined Fortress in 2001.

The investments in this class are global and concentrate more on illiquid and distressed credit investments and also on the undervalued assets.The private equity section mainly focuses on the generation of cash flow. The division is led by Wes Edens and Randal Nardone. The operations of this section catapult by the extensive expertise of Fortress Investment Group in the management of assets from all economic sectors; be it healthcare, transport, energy and infrastructure, and the financial services industry.The other division is the permanent capital vehicles segment. What dominates this section is the management of the permanent capital vehicles that are traded publicly. These are the Fortress Transportation and Infrastructure Investors LLC, New Residential Investment Corp., Eurocastle Investment Limited, New Media Investment Group, and the New Senior Investment Group. All these entities concentrate their investments on senior housing in the United States, real estate related assets in Italy, local media assets, transportation infrastructure, and residential real estate.

About Fortress Group

Fortress Investment Group is an alternative asset investment manager headquartered in New York. It’s currently the leader of the investment management globally. The firm manages a total of over $60 billion in assets for its international clients who are both private and institutional investors. The company has immensely grown over the years, leading to the opening of new headquarters in San Francisco, Shanghai, and Singapore. Fortress has also increased the number of its employees and professionals to over 900; to enable the firm smoothly run its operations globally.

Keeping it The RealReal

I was so excited when the first item I saw on The RealReal’s Insta is the Louvre, today! OK, It might be moved down, by the time you see it but still, Knowing how hard they strive to only have original authentic items, I knew I couldn’t go wrong buying it through them!

These folks are providing a valuable service to those of us who might be interested in good quality but not fully educated in its finer points. Honestly, other than the fact that I’m in a Saks Fifth Avenue, I couldn’t tell you if the item I’m buying is authentic. That’s where The RealReal comes in. They give you that expertise and make it easy for you to ensure your money is well spent. A good sign, that they are providing good quality service is that several fine retailers including Saks are working with them.

I like how they keep it RealReal on the Instagram page. I randomly clicked on a Yves Saint Laurent bag and saw comments good and bad, regarding this bag. Someone complained she had bought it and it was fake so she sent it back. The staff politely said they were checking on it, not trying to sweep the incident under the rug. In the mean-time someone else wanted the shirt the young lady was wearing in the picture, not even concerned about the alleged charge. In a day and age where these kinds of incidents cause people to say, largely untrue things like, “I,m never going to use you again!” it seems everyone using this company has a high trust in them.

Igor Cornelsen: An Outstanding Life of Business and Education

Igor Cornelsen is an educated, wealthy man who has accomplished more in his lifetime than most. He is a trade investor with his own firm. He is sought out for advice by all when it comes to trading and finances. Of course, it did not come to be this way overnight. He had to start from the bottom like everyone else. The difference with him was his business mindset, his drive, and above all, his determination to persevere. He had obstacles come his way, but he drove right through them as if they didn’t exist.

It is this that has earned him a reputation in the trading world and given him a good name. Igor Cornelsen was born the fourth of October in Curitiba, Brazil. He had a good childhood then grew up and decided as most do, to attend college. He studied engineering, but ultimately grew more interested in economics. He was great with math and this made him the ideal student. He learned vast amounts before graduating in the year 1970. From here, Igor went on to find his career in investment banking. He was employed at a host of investment firms where he established a new reputation for himself proving his worth by showing what he knew.

His gift with numbers and math set him apart from many others. He eventually became a Chief Executive Officer of a company Multibanco. However, shortly after, they were aquired by the Bank of America and Igor had to move on. It didn’t really affect his career though. He now had the experience of being a leader and had established himself as one of the top trade investors. It was easy for him to find a new bank to work for. He moved on to Libra Bank which was based out of London. He stayed here for quite a while before moving on. It was in 1995, he decided to start his own investment firm and he was a huge success. Igor Cornelsen today invests as his hobby and enjoys giving advice to those who seek it from him. He is a success in every sense of the word.

Find out more about Igor Cornelsen: http://frenchtribune.com/teneur/25704-igor-cornelsen-giving-three-valuable-tips-invest-growing-foreign-market

Ara Chackerian Creates Innovative Space in Healthcare Startup Industry

Angela Stevens of the San Francisco Patch recently recognized Are Chackerian and his Healthcare startup, where both the company and industry have thrived in the current economic expansion. As healthcare start-ups who are new to the scene bring innovation, creativity, and value there are concerns from investors in the longevity and stability of the startup era.

 

Ara Chackerian is not new to the scene of healthcare and innovation, where he has since recognized the positive impact innovative technology can have on patient outcomes and business models. The key to innovative success is being backed by entrepreneurs whom believe in the sustainability and innovation promised by Chackerian.

 

The San Francisco states that in 2017 $703 Million worth of venture-capital funding were raised by 79 NYC healthcare startups. The city is a platform for startups with major universities positioned nearby, support from local and state government, and most importantly access to capital. While the Patch repots concerns, there is still success with healthcare startups exemplified through the numbers. Despite financial setbacks and risky predictions, Are Chackerian and other talented entrepreneurs are truly driving change in the industry through their research and innovative techniques brought to the industry through its funding. Check out californiablog.org for more.

 

 

Ara Chackerian closes with stating these healthcare startups and investors who back them are ultimately bringing positive patient incomes through their partnership. The innovation behind these startups and the entrepreneurs that drive them is that they are creating the “treatment of tomorrow.” Though there will always be a risk, today is the time to learn, keep up with trends, and invest in this exciting time where a positive impact can reach vast amounts of patients. For more details visit LinkedIn.

 

Ara Chackerian is based in San Francisco, California where he serves on a number of boards of early stage healthcare companies. He advocates for sustainability, environment, and the healthcare industry. His interests include technology and fitness. You can visit their website arachackerian.com

Highland Capital Management Moves To Aid The George W. Bush Presidential Center With Its Mission

Highland Capital Management is an SEC-registered investment adviser that is headquartered in Dallas, Texas. Recently, the company donated $10 million in an endowment gift to the George W. Bush Presidential Center. Kenneth Hersh, CEO of the George W. Bush Presidential Center, and James Dondero, President and co-founder of Highland Capital Management, were on-hand to make the donation official. The donation will go to help fund a series of programs for the public that will be held at the Bush Center. Read this article at Dallas News.

The first of the series that is sponsored by Highland Capital Management will highlight Christopher J. Scalia, an author and the son of Antonin Scalia. The elder of the two passed away in 2016, and Christopher has been able to give his presentation about the life his father. Along with this, there will another feature that focuses on James Madison, the fourth President of the United States, and how he might see how the media is functioning in this day and age. These presentations are made free to the public thanks to to Highland Capital Management. Before these presentations, there have been others made by important figures, such as, Lorne Michaels, Condoleezza Rice, General Michael Hayden, and Christopher Jackson.

View: http://www.prnewswire.com/news-releases/highland-capital-management-names-trey-parker-co-chief-investment-officer-300518843.html

 

Highland Capital Management has donated money in the past to the George W. Bush Presidential Center and has, in fact, donated over $5 million in the last six years or so. The company has been recognized as a Founding Benefactor of the Center and plans on continuing to help with its mission. Highland Capital is led by James Dondero who has over thirty years of experience in credit and equity markets. The company is an international firm that focuses on private equity funds, mutual funds, hedge funds, and distressed and special situations alternative investments and private equity. James Dondero not only heads up the company, but he also works with NexBank Capital, Cornerstone Healthcare Group Holdings, and CCS Medical as Chairman. He is also a part of the Executive Advisory Council for the George W. Bush Presidential Center and hopes to continue his work with the organization that he has so proudly been able to serve with up until this day. Learn more about Highland Capital at Affiliate Dork.