Category Archives: Founder

Wes Edens-Making South Florida commutable again

The website wingsjournal.com recently published an article on its website dated June 18, 2018, entitled, “Wes Edens and Brightline: The future looks brighter for South Florida Commuters.”

Wes Edens, co founder of private equity firm Fortress Investment and co owner of the Milwaukee Buck NBA Franchise, has recently focused his efforts on providing an affordable and time saving venture with Brightline Smart Service.

Brightline Smart Service is the only privately owned and operated passenger train system in the country which Edens has invested time and energy to making commuting in South Florida a much more efficient and hassle free mode of travel. The high speed train cuts the time it takes from Fort Lauderdale to Miami down to 30 minutes instead of the normally congested auto travel that can currently take an hour or more. The vision is to make the surrounding 6 blocks around the station in Miami to include shops, restaurants and residences to drive up market value. Check out cnbc.com to learn more.

The high speed train service launched in May of 2018 allows commuters the ability to purchase a one way ticket between the two cities for only $10. The train provides commuters the ability to relax with food service, comfortable leather seats and free Wi-Fi. Cutting commuting time in half has been a huge success with commuters and provides an alternative means of travel. Even taking an Uber would cost around $40 each way.

The success of Brightline has now expanded the train service to West Palm Beach and eventually the plan to continue to Orlando, Florida. Wes Edens realizes that this train service isn’t just great for commuters in South Florida but sees the need to connect cities around the country that are too close to fly, but very congested by auto travel between them. Wes Edens believes that this model of high speed train travel between cities like Atlanta and Charlotte, Houston and Dallas, as well as between other major cities, is ideally suited for the high speed train service. His vision goes well beyond Florida and is a fantastic way for commuters to save time and money!

Read more: https://en.wikipedia.org/wiki/Wes_Edens

 

How SoftBank Group Acquired Fortress Investment Group

Late in 2017, a press release was issued regarding the SoftBank Group’s acquisition of Fortress Investment Group. This acquisition was a long time coming, and had been discussed earlier in the year by shareholders. The transaction was agreed upon by all shareholders, and it was completed by December 2017. Why did SoftBank Group seek to purchase the Fortress Investment Group?

The sale totaled $3.3 billion dollars in cash. That number is rather large considering that the investment group was considered to be one of the top investment groups in the country. The close of the transaction transferred all of the shares into the name of SoftBank Group, however the daily operations of the investment group would not change. There were outstanding shares in the Fortress Class A shares which were converted into a price of $8.08 per share. These shares were distributed according to a proxy that was agreed upon by all shareholders.

What happened to the stocks that were once under the name of Fortress Investment Group? All of those listed on the NYSE would now fall under the name and stocks listed for SBG. SBG also agreed that the outcome of this transaction as well as the impact of the transfer of stocks would be announced when necessary. There was also no change in regards to the partners. Randal Nardone, Peter Briger, and Wes Edens would all continue their work as usual.

The SoftBank Group has been what the industry calls a major player in the technology marketplace. With the increase in information overload and new ways of segmenting this information, the company wanted to get their piece of the pie by focusing more on funds that were tech driven. Needless to say, their acquisition of Fortress Investment Group was an unusual investment for them, and somewhat outside of their usual interests.

This was a step in the right direction to diversify their funds, and potentially carry business in real estate investments and other areas as well.

To know more click: here.

Paul Mampilly- Invest in Tesla, ignore Musk

Tesla is currently an embattled company. The tussles seen between the founder, Elon Musk, and the SEC is taking the company on the wrong path. Investors are worried about the direction the company will take going forward. Elon Musk has been pointed for making some utterances that have not sat well with the investors in this company. He has talked about taking the company back to private operations, something that has led to a significant decline in the stock process. Going by the reactions coming out from the investors, they need the executive to show the direction is going to take clear and avoid the social media utterances which leave them convinced. Some utterances are however wondering how bad the utterances of the founder can be. Some are trying to draw a comparison between the utterances and the performance of the company.

One thing is sure about Tesla; it is a company that has been built on a strong foundation. It is a company that cannot go down easily even without Elon Musk. According to Paul Mampilly, a prominent investor in the United States, investors should ignore the utterances of Elon Musk and concentrate on growing the company. The idea behind Tesla is brilliant and the company is showing a good indication of outdoing expected production capacity. The fact that they are beating the expected production of 100,000 cars is an indication that the company is doing very well.

Who is Paul Mampilly who we should all believe? Paul Mampilly for those who have not yet heard about him is one of the people who has been in the financial sector for a long time. He has mastered the art of investing and is now a key player in the business. He knows when a good investment opportunity is available in the market and when there is none. He is one of the people who should be taken seriously. He does not make haphazard decisions. Everything he does is after keen consideration. Paul Mampilly is a graduate of the Fordham University, with a degree an MBA. He is a former hedge fund manager of the Kinetics Asset Management.

Rick Shinto and the success of InnovaCare

InnovaCare is a company that is renowned for its ability to offer the best medical care to its patients. Their primary goal is to ensure people get the best services since they want to improve the lives of its customers by ensuring that they have unlimited access to healthcare services. That is the best way they can ensure that people live a fruitful life. The best part is that InnovaCare Health provides high-quality services, but they are affordable. They are not after making profits, but their primary goal is to ensure that people can access these quality services because they are not expensive. They also want to ensure that their customers are satisfied with the kind of services they receive at the organization. They have been doing their best, and it has become successful in its operation. For more details visit Ideamensch.

 

 

 

According to PR Newswire, InnovaCare Health has succeeded immensely not only because of the excellent and top quality services they provide but also the best management from experienced managers. For example, Rick Shinto is an individual who has been outstanding when it comes to the management of the firm. He has ensured patients receive the best and affordable services by introducing reforms at the company. He is responsible for the growth of InnovaCare because since he joined the company, his main focus has been to improve the delivery of services. Rick Shinto is renowned for being the President and Chief Executive Officer of InnovaCare who has managed to offer innovative services to patients. He wants every customer to get an opportunity to live healthy lives. ‘

 

 

 

Rick Shinto is not only an expert in the medical field, but he is also experienced. Rick has worked in the industry for more than twenty years, and that is why he has acquired a lot of experience. For all these years he has been working with various organizations and led them to become successful. That is why he has earned a lot of respect in the field. Those who have worked with Rick Shinto say that he is an inspiration to others. He has been mentoring others who have also become successful in the healthcare sector.

 

 

 

InnovaCare Health is a company that has been providing quality managed healthcare services in the country. It has been reputable for delivery of quality services but affordable. It also has the best leadership from the top professionals who are experienced in the industry. The employees are happy to provide quality services to the patients.

 

Click here: https://laraza.com/latinowire/innovacare-health-executive-meets-with-president-trump-to-discuss-healthcare/

 

 

Sheldon Lavin Has A Legacy That Is Worthy Of Respect:

The story of OSI Group is the story of constant innovation and growth. Behind a large chunk of that innovation and growth has been none other than longtime CEO and Board Chairman Sheldon Lavin. Since the 1970s, Sheldon has been a leading figure at the company and has pushed an agenda of expansion that has seen OSI Group grow to the point that today it has operations in seventeen countries. This expansion has been fueled by a combination of mergers, acquisitions and upgrades. Along the way, Sheldon Lavin has made sure that the company has stuck to its family-value oriented culture as well as maintaining its complete commitment in the area of customer service.

Before the years of global expansion started to get going strong, OSI Group got its beginnings in the Chicago area just under a decade after the opening of the Twentieth-Century. In the early years of operation, the company was but a local butcher shop. OSI’s founding family the Kolchowsky’s eventually transitioned into wholesale distribution and food processing and this is what really started the company down its eventual path to global expansion. OSI became one of the suppliers for McDonald’s restaurants in the 1950s and this was a huge overall boost to the company’s fortunes. By the time Sheldon Lavin came on board in the 1970s, the company was primed for expansion beyond the United States market.

It was the run that OSI made in the 70s and 80s that saw the company expand globally to markets such as South America, Asia and Europe and today the company has further expanded to markets such as Australia. A recent merger with Australian firm Turi Foods has seen OSI Group gain valuable position in Australia, yet another feather in Sheldon Lavin’s cap.

Expansion was on the menu for OSI Group recently in Spain as the Sheldon Lavin policy of upgrading existing facilities when possible was utilized in Toledo, Spain. The OSI facility located in that city has been able to produce twice as much processed chicken as it was previously capable of. This is due to a new production line with high capacity that OSI officials had installed in the facility. This has been a huge move for the company’s operations in this area of the world as this facility supplies Spain and Portugal. This expansion at this facility is instrumental in helping to company the meet the demand for this product that is currently prevailing in this region.

For details: patch.com/illinois/chicago/sustainability-vision-sheldon-lavin-ceo-osi-group

Bumble Incorporating New Features

Whitney Wolfe is a woman who is known for her work as the creator of Bumble. This app has changed the way women utilize these dating apps. It opened the door to empower women and encourage them with the chance to stand up for themselves and garner that strength to be bold with their choices. Gone are the days where women have to hide before they speak to a guy. Bumble uses the swiping feature and creates matches when two people both “like” each other on the app. In order for the conversation to start, it is required that the woman must respond and send them the message first. If she doesn’t, the match is gone. For more latest update connect with Whitney Wolfe on Twitter.

Bumble is now incorporating new features into their system to make it more fun, interactive, and a generally better site to use. Many users would use the app nonchalantly and constantly either be on the app or generally delete it from their phone to rest from using the app. They would then place a message on their bio saying that they didn’t have the app on their phone and won’t be responding to matches but will be eventually.

Bumble then saw this change in how the site was being used that they decided to add in the new feature, Bumble Snooze. Snooze allows you to send an instant message to anyone whom you make a match with, and it will basically let the person know that you are not using the app. Whitney Wolfe knows this idea is great for those who don’t want to stop using the app altogether but want to take a break from being on it so much. Bumble is receiving criticism because their thoughts involve people not using the app, but Whitney Wolfe knows what her app is capable of doing and she wants to give people that freedom to take a break if they so choose.

It is rare for an app to give users the benefit of not having to use it and take a break when they need it. Whitney Wolfe believes in her product and loves this idea.

Read more: https://www.instagram.com/whitney/

 

Natural Resources Expert Matt Badiali Is The Creator Of Real Wealth Strategist

Matt Badiali is the creator of the Real Wealth Strategist, which gives readers a unique perspective on the financial business and proper investment methods. Matt has developed a background in geology and has evened earned his geology degree which has helped him with natural resources investments over the years. After finding his way into the financial industry through an acquaintance, Matt Badiali knew he could make a good living with the knowledge he had and his potential to dominate the natural resources market.

Today, Matt Badiali is a busy man, starting his days out early at around six in the morning. During this time, Matt has to get his daughter ready for school while getting ready himself and catching up on the news. After this, Matt dedicates the majority of his time to developing the Real Wealth Strategist and creating new publications for Banyan Hill. Matt’s newsletter is a size fits all guide to investing in natural resources for all interested parties out there. The natural resources market includes commodities, oil, gas, metals, energy, and more. With a large subscriber base, Matt has his hand’s full researching and working in order to put out new information for his readers, on top of the typical business work throughout the day.

With extensive knowledge of the background on various natural resources, Matt Badiali is capable of spotting shifts in the market, such as the rise and fall of certain commodities. According to Matt Badiali, it won’t be long until electric is the main energy source for all things, leaving behind many of the conventional fuels used today like oil. This means that batteries will become a much bigger part of the economy as well. Many markets will experience a change when this happens with new devices and technologies taking center for an energy-based society.

The Contribution of George Soros and the Troubled Conservatives

George Soros is a name that is heard innumerable times in the philanthropic world with different contributions, activism on human and civil rights, interference to create strong democratic communities around the globe, and more. In October 2017, his name hit the headlines but raised the eyebrows of everyone. He transferred more than 70% of total fortune to philanthropy. The transfer of $18 billion to his philanthropic wing, Open Society Foundations, is expected to shape the societies around the world. Analysts have already communicated the importance of the transfer considering the fall of democratization in Asian and African countries.

However, the conservatives, who always see Soros as their enemy, showed their frustration towards the transfer and started creating conspiracy theories, as usual. The credentials of Soros, including his fights for liberal values, opposition to Donald Trump and George W. Bush during the presidential elections, scathing attacks on flawed policies of conservatives and their divisive policies, and more, have made him one of the primary targets of conservatives. Right-wing theory sites like Breitbart declared the OSF as a Death Star and welcomed the news. Giving an image of a philanthropic boogeyman to Soros is another strategy of conservatives, and it is reflecting the current political standard of conservatives.

However, these stories can create detrimental effects on the society and encourage dark forces to move and work against democratic values for destroying the societies. It is also expected to reduce the grassroots level activism significantly and leading to discussing the meritocracy of philanthropists without touching how they are shaping the society. In the history, it has shown that philanthropists are experienced many cases of abuse for their acts, but the industrialization in the 19th centuries gave rise to billionaires who were ready to spend for shaping the societies. The United States was highly welcoming the philanthropists and their works and interferences in the societies.

However, it also generated a political system that focused on creating conspiracy theories against philanthropists. Considering Soros is a champion of progressivism, capitalism, and globalism, his critics are effectively utilizing all these spectrums to direct theories against him. To people who do not know him, he is a strong critic of laissez-faire capitalism which accesses all areas of human lives and damaging democratic and open societies. Though Soros earned his fortune from the opportunities that capitalism provided, he is cautious about the integration of market values into human lives and warns against it – the mindset of a truly democratic and open society champion with a generous heart.

George Soros is from a Hungarian Jewish family and was born in 1930. His family moved out to England after the Second World War, and he enrolled at the prestigious London School of Economics. After earning graduation, Soros decided to use the market opportunities in the United States and crossed the Atlantic Ocean. His initial career as a stockbroker in the American capital markets was highly successful. In early 1970, he created his own hedge fund group named Soros Fund Management. After generating substantial business success, he turned towards philanthropy by founding OSF.

For details: fortune.com/2017/10/17/george-soros-open-society-18-billion/

Sahm Adrangi Mobilizes Investors to Raise $100 Million Raising Kerrisdale`s Investment Fund

Kerrisdale Capital Management, through Sahm Adrangi, mobilized investors to raise around $ 100 million for a single stock. Kerrisdale`s co-investment is a unique fund and first of its kind. Most Hedge fund managers raise capital to focus on specific projects such as the recovery of failing energy companies or mortgage-backed residentials.

Kerrisdale is a relatively small firm as compared to the Hedge fund organizations. The firm plans to use the investment fund to purchase short stock and unveil an unnamed firm as a public company. In an email reviewed by Reuters, Adrangi thanked the investors for their commitment. Sahm noted that Kerrisdale had raised the required amount of capital within a short time.

Adrangi noted that the organization endeavored to help every investor understand the mission of the $10 billion organization. Sahm had some progressive insights that would help the company grow. Adrangi is working with the organization`s analyst, Shane Wilson, to prepare a website, videos and a report that would convince others about Kerrisdale`s thesis. The two will present their collective research in the upcoming campaign.

A speaker, on the anonymity condition, revealed that the target company will be revealed in mid-May because the information was private. The public will learn about the organization objective during the unveiling. The investment fund is being used to purchase stock to establish Kerrisdale`s position in unnamed organization.

Kerrisdale now manages over & 500 million after the investment fund. The firm has a history of betting against organizations before taking its case public. Kerrisdale has been involved in activist positions at Globalstar and Sage Therapeutics. The organization has recorded an average of 28% profit, from its betting, for the last five years.

About Adrangi

Apart from being the founder of Kerrisdale Capital Management, Adrangi is the Chief Investment Officer of the company. Since its establishment in 2009, Sahm has played a significant role in all of the firm`s development. He started the organization with less than $ 1 million. For more info about us: https://www.linkedin.com/in/sahm-adrangi-3548541 click here.

Adrangi is a holder of a Bachelor`s Degree in Economics from Yale University. He started his career at Deutsche Bank where he served as a credit officer. He worked as a credit advisor at Chanin Capital Partners. Before he established Kerrisdale, Sahm worked at Longacre Management.