Louis Chenevert: Going Out When He Wants To.

Louis Chenevert is a Canadian businessman that worked hard to get where he is today. He has been able to make his mark in the auto and aerospace industries. He did not sit on his laurels and allow others to do the work for him. He learned by doing and setting a high standard for those that work with him. He is a man who put people first instead of profits and has left a legacy that is unparalleled in the business world today. Her is a look at his remarkable career.

Louis Chenevert was determined to make something of himself. He graduated with a degree in business management from HEC Montreal. From there he went on to work at GM for fourteen years. He started by working shifts at night and understanding the details of how things worked. He rose steadily in the organization and then he wanted to take on a new challenge. He left GM and went to Pratt and Whitney. He was able to get his foot in the door and by the time he left, he was the president of the company after only six years.

His next move cemented his legacy in the big leagues. He was president of United Technologies Corporation (UTC). He was able to take the company and focus his attention on the strengths that it had. The first one was the employees and the second one was the technology. He made sure that UTC was able to compete with world class companies and bring new ideas to the industry. He made sure the people who worked for him had the necessary skills in order to take the company further. After eight years he stepped down and become an executive adviser to Goldman Sachs. He did exactly what he set out to do.

Louis Chenevert is the perfect example to follow. He made sure to understand things and how people can best be utilized for the good of everyone. His hard work has paid off for him in a big way. That is the way Louis Chenevert wants it to be.

http://releasefact.com/2018/05/louis-chenevert-inspiring-story/

Financial Services Firm Southridge Capital

Southridge Capital is a financial management firm headquartered in Connecticut of the United States. It provides a wide range of financial management services for businesses. With Southridge Capital, clients are able to restructure debt, get financing, raise capital and also complete mergers and acquisitions. The firm has been in business for over 20 years and has built a solid reputation as a result. Southridge Capital has a vast team of professionals that are able to provide a lot of valuable expertise to clients. As well as having a talented team of professionals, Southrdge Capital is also led by strong leadership as well. With this combination, the firm has been able to become one of the more successful in the industry. Southridge Capital also gives back to its community with its involvement in a number of charitable activities.

 

Base on newwire, Like all other financial services firms, Southridge Capital offers a wide range of services to its clients. When it comes to the services offered, the firm provides assistance by offering advisory, funding and commercial real estate. The advisory services entail offering guidance such as balance sheet evaluations, financial analysis and mergers and acquisitions. With funding services, the firm is able to help companies raise capital as well as restructure debt. This helps them more easily manage their capital. The commercial real estate services consist of providing office space for companies to conduct business and operations.

 

The firm Southridge Capital has solid leadership led by Stephen Hicks who is both the founder and the chief executive officer of the firm. Hicks started up the firm after working for a hedge fund for several years. Stephen Hicks got his business idea while the hedge fund firm was closing down. During this time, he started up his own hedge fund firm and looked to see if he could build a successful company. Over the years he achieved this goal and is now leading a reputable financial services firm. Hicks has 30 years of experience in the financial sector. He has been involved activities such as arbitrage, investment banking and also financial analysis and structuring. As the CEO of Southridge Capital, Hicks is responsible for business development and devising the overall business strategy for the firm.

 

See more: https://www.bloomberg.com/profiles/companies/279523Z:US-southridge-capital-management-llc

 

Fortress Investment Group Contributions to the Economy

Founded by Randal A. Nardone and Wesley R. Edens in 1998, Fortress Investment Group is a company that invests, raises and superintends assets, like range of real estate and credit, private equity and capital investment strategies. Since its establishment, Fortress Investment Group has systematically grown to become a high level diversified global investment manager, with an approximate of $36.1 billion worth of assets, as per the 30th September, 2017. The firm takes charge of more than 1,750 private investors and institutional clients in the entire world.

The cornerstone of this Investment Group is investment performance. It aims and strives to maintain strong risk returns that are adjustable for the long term investors. By the 30th of September, 2017, it had more than 969 asset-managing employees, which included 216 professionals from the investment industry in their New York headquarters and the affiliate offices all over the globe.

Fortress Investment Group throughout the width of its exclusive credit funds and equity funds specializes in investments that are asset-based, and this brings to significant experience bearing into deeply and broadly investing in diverse types of asset set. The investment firm expertise goes beyond owning, pricing, overseeing and financing the physical and financial management of the assets range from capital assets and real estate to the secured financial assets by diversified cash flows that are long term for its success.

This investment group has adequate knowledge and understanding of the fields it invests any single coin into. During the investment execution times and portfolio operation in companies, the firm comes up with investment professionals team who have good history and relationship with top leading companies, individuals and institutions all over the world.

The firm has recently refined specific tools that are beneficial during operations assessing, strategic and structural challenges. The selected and refined tools give allowance to Fortress Investment Group to extensively engage in and achieve value from investments that are complex and those that are not. Fortress contains a considerable capital market expertise, and also has expertise that secure low-cost and low-risk of financing its investments by just accessing the equity and debt capital markets.

Wes Edens: The Billionaire Owner of the and a Fortress Investment Group partner

Wes Edens, one of the owners of Milwaukess Bucks and a founder of Fortress Investment Group, sold his investment company to Softbank Group Corporation., a Japanese company.His full name is Wesley Roberts Edens and he is a sports team owner, private equity investor and businessperson from America. The Bucks are not only sports team that he owns, He owns the team called FlyQuest that participates Legend of Leagues game tournament. He had enough money in 2008 to be the 962nd richest billionaire on the The Forbes Billionaire List.For selling his shares in Fortress, he got about $512. million.

Since February 2017, he got $11.4 million from bonus dividends due to this deal and received an additional $1.4 million in shares that he did not invest in.Fortess, headquartered in New York City, will work inside SoftBank as a fully independent firm. The participate of Fortress Pete Briggs, Randy Nardone, and Edens will continue to work for the company as they have signed five-year contracts.Masaysoki Son is the founder of SoftBank, a firm headquartered in Tokyo. If you were a sharholder of Fortress when it was sold to SoftBank, you would have got $8.08 per share. This would have meant that you would have got a premium of $2.23 per share after Fortress had closed at a price of $5.83.

Edens benefited from this stock sale as his stock increased by $142 million. When the transaction was finally finished, Fortress was worth $7.85 per share. The stockholders of Fotress had approved the selling of the company to SoftBank last year. This takeover of Fortress by SoftBank should actually develop new ways for the company to group as they have become partners with one of the most imaginative and well-connected tech investors. SoftBank had announced just before the takeover that they are going to have a Vision Fund that is valued at about $100 billion. This fund came from tech companies as large as Apple. This fund should change how tech investments are done.

Peter Briger’s rise through the fortress foundation

The current principal of the board of directors at Fortress, Peter Briger has managed to make significant moves in the entrepreneurship space across the globe. Peter Briger has effectively served in the Fortress investment group since March 2002 where he started out as a member of the Management committee. He later served as a member of the board of governors since 2006 and in August 2009, he was elected as the co-chairman.Peter Briger’s extensive experience in asset management sets him apart as one of the most efficient leaders to have run the Fortress Investment Group. Under his leadership, Fortress Investment Group has attained a reputable recognition globally as a leading global investment firm. The firm has investors from private and public institutions. Peter Briger currently holds the main role of overseeing the firm’s real estate business and its credit fund.

The Princeton university graduate also has an MBA from the University of Pennsylvania’s Wharton School of business. Peter is also a philanthropist in his own rights as he has been involved in several community building activities. Among the most significant ones is the Silicon Valley leadership Council, a global fund for children. Peter Also holds an active role on foreign relations as a member of the council. The Organization promotes a broad perceptive of foreign issues among the elected officials and the citizens. The self driven entrepreneurial leader previous positions include a partnership at the Goldman Sachs, where he was in charge of several operations in various business areas. Additionally, he also served in committees such as Asian Management committee and the Global Control and compliance committee.

Peter has also been involved in the managing divisions including the Goldman Sachs Special Opportunities and the Asian Distressed Debt business.Through the exemplary leadership of Peter Briger and team work from the Fortress investment staff, the firm managed to accumulate many valuable assets that have catapulted its success. In 2008, Peter Briger made it to the Forbes Billionaires list and was #962 worldwide. In his entrepreneurial journey he has helped many startups in their investment and growth journey and continues to do so while running the Fortress Investment Group. Peter remains focused on the goals and the Agenda’s of Fortress investment group’s future. Peter Briger makes it to the list of world’s entrepreneurial leaders and role model that many young and upcoming entrepreneurs would learn a thing or two from in the world of investments.

Gold Surges Amid Geopolitical Crises

When it comes to predicting the potential of precious metals, few groups do this as efficiently and as thoroughly as the U.S. Money Reserve. Providing a very high level of service at an impressive volume, this group excels at distributing U.S. government coins.

They take their work very seriously, as any enterprise that involves dealing with American investments must be strictly analyzed and regulated. Therefore, when they speak about the future of precious metals, people tend to listen.

Recently, the U.S. Reserve’s Chief Numismatist John Rothans publicly reviewed some of the indicators and other factors that potential gold investors can look to when analyzing whether or not gold investments might be a good fit for them in 2018.

His outlook on 2108 tends to be quite sunny when it comes to gold, however. A combination of factors have blended to create what seems to be a potentially hospitable situation for gold investors. Learn more about US Money Reserve: https://www.yellowpages.com/austin-tx/mip/u-s-money-reserve-inc-481069669 and http://www.manta.com/c/mml8pv9/u-s-money-reserve-in

First, the fact that gold enjoyed a good year in 2017 should be illuminating to those who are thinking about investing now. Although last year was a bit shaky for geopolitics, with regions such as North Korea and the Middle East heating up, gold remained relatively steadfast amid the uncertain times.

This seems to suggest that it will continue to remain a good bet in 2018. Additionally, with gold mines not meeting a high demand driven by the need for gold in electronic components, prices may soar.

As India and China surge forward in the global markets, their citizens have more disposable income to spend on items such as phones and gold jewelry. All of this points to what could be a very good year for gold indeed.

Of course, for those who watch the markets, the fact that the U.S. dollar is sluggish also happens to be great news for gold investors. Historically, whenever this happens, gold tends to surge. Read more: US Money Researve | Instagram and US Money Reserve | LinkedIn

However, Rothans is far from the only currency expert to speak out about gold. Other individuals, some of whom work for esteemed financial organizations such as Goldman Sachs are also stating that they believe gold will climb up to around $1,400 per ounce in 2018. Although forecasts vary as to when this will likely occur, the assessment seems to prevail industry-wide.

Peter Briger Shares $1.39 billion Cash from Sale of Fortress

Peter Briger Co-Chief Executive Officer of Fortress Investment Group receives his share of $1.39 billion cash windfall from the sale of Fortress to technology conglomerate SoftBank Group Corp. Peter Briger has provided extremely strong leadership and guidance within the Fortress Credit Business that has created tremendous returns on investment for the organization and establishes an opportunity for the large lump sum cash out with the sale to SoftBank. Peter Briger was educated at Princeton University where he received his Bachelors of Arts Degree. After his undergrad at Princeton, he received his Masters of Business Administration from Wharton School of Business at the University of Pennsylvania. Peter Briger joined Goldman Sachs and began to expand his understanding and knowledge of alternative asset classes by serving on various global committees within the investment firm.

Peter Briger served as co-head of groups including the Asian Distressed-Debt Business, the Asian Real Estate Private Equity business, and the Special Operations Asian Fund LLC. He provided high-level leadership and stewardship over various committees within Goldman Sachs Peter Briger and developed a reputation as an intellectually astute evaluator of distressed, underperforming, and illiquid assets. The experience at Goldman Sachs established Co-CEO with Wes Edens and they continue to guide the company admirably by creating profitable investment opportunities for their over 1750 individual and Institutional clients from around the globe. By providing a high level of intellectual analysis and evaluation of distressed underperforming asset groups from around the globe, Peter Briger has been able to produce extremely high returns on investment. Fortress Investment Group currently has more than $30 billion in assets under management and continues to lead the industry as one of the largest alternative asset firms in the world.

In December 2017, Fortress Investment Group was acquired by SoftBank Group Corp for $3.3 billion. SoftBank group Corp is a global technology company that specializes in internet, telecommunications, robotics and various other innovative technologies that are driving the information revolution in the world. After the acquisition of Fortress Investment Group, SoftBank Group Corp became one of the leaders in the alternative asset category. The purchase of Fortress Investment Group was the first of many investments by Softbank Group Corp in the alternative asset investment industry. The purchase positions Softbank Group Corp. with the capital resources to create a organizational structure that will enable the company to continue to build its infrastructure and strategically compete with its many competitors. After the acquisition of Fortress Investment Group, Peter Briger continues to serve as Co-Chief Executive Officer along with Wes Edens. Fortress Investment Group will continue to operate as an independent organization within the Softbank Group Corp umbrella and by continuing to retain the executive and managerial staff. Fortress Investment Group will continue to build upon a legacy of profiting within the alternative asset category to produce extremely lucrative returns on investments for its clients. After the acquisition, Peter Briger received his share of the $1.39 billion dollars in cash that he will split between himself, Wes Edens and Randall Nardone.

The SoftBank Group Inc. now owns Fortress Investment Group.

Soft Bank’s ownership of the Fortress Investment Group

Soft Bank recently announced that the firm had completed the acquisition process for the Fortress Investment Group. The acquisition completed for roughly above three billion dollars. The transaction was done when the principles and shareholders gave their approval. Each of the shareholders will receive a little above 8 billion dollars cash for every share they own. The proceeds of the merger are to be distributed according to Fortress’ outlined payment procedure. Fortress will continue to operate as an independent business under the Soft Bank and still retain its headquarters in New York.

 The Fortress Investment Group

The Fortress Investment Group began operations in 1998 after it launched through the partnership of financial expert Wesley Edens, the businessman Rob Kauffman and lawyer turned financial expert Randal Nardone. With Randal as the interim then officially appointed Chief Executive Officer, Fortress expanded from a small private equity firm to dealing with debt securities, hedge funds and investments in the real estate sector. The companies under Fortress Group include the Ski Resort of Canada which was acquired by Fortress in 2006 and the Rail America Inc. that was purchased at the end of the same year. There is also the Coast Industries of Eastern Florida, the Penn National Gaming company whose acquisition was done in partnership with Center Bridge Partners, AMRESCO, Flager, Box Clever and Global Signal Inc. among many more.

The company was reported to be managing assets worth roughly 70.2 billion dollars by mid-2016. Most of Fortress’s portfolio companies like Brookdale Senior Living Inc. and Rail America were made public in the long run. In preparation for the 2010 winter Olympics, Fortress Investment Group loaned the MDG (Millennium Development Group) a significant portion of the 875 million dollars that was used to develop the athlete’s village. The village completed in 2009 with the help of further donations from the Vancouver City. When the Winter Olympics came to an end, Fortress Investment Group became the official owners of the village. The Soft Bank Group brought the acquisition deal to the table in 2014 and agreed to purchase Fortress for 3.3 billion dollars. The deal was not just tabled and dealt with instantly. The involved parties took their time with important considerations, and in this process,they spent two years mapping out the details of the acquisition until December 2017 when the deal was done.

Shervin Pishevar Talks Competing Zones

Throughout his career, the co-founder of Sherpa Capital and Virgin Hyperloop One, Shervin Pishevar, has made a career of handpicking bonafide upstarts, and many of his contemporaries might consider him to be clairvoyant in this respect. Shervin Pishevar has been an early investor on companies such as Airbnb, Dollar Shave Club, Rapportive, TaskRabbit, and Slack, as well as a litany of other growing corporations. No stranger to social media, Mr. Pishevar often utilizes the medium to forecast his predictions to a mass audience, and recently, after disappearing from the public eye since December of 2017, he returned to Twitter to dispatch 50 posts regarding globalism, the uncertainty surrounding America’s economic situation, entrepreneurship, and changes within the monetary system. Considering his track record, as well as his status as a member of the prestigious J. William Fulbright Foreign Scholarship Board, his opinions are highly respected.

One of the most important tweets that Shervin Pishevar produced was regarding the state of the stock market, which, to this point, has been very shaky, relinquishing much of the gains garnered this year. The University of California, Berkeley alum boldly predicted that the stock market is due to crash, in what he estimates will amount to a 6000 point deficit. This prediction only took one day to begin shaking up the industry, as the Dow Jones promptly fell  by 1000 points, losing 500 of those in under an hour, which made staunch supporters, such as the President of the United States, Donald Trump, seem very much out of the loop. Shervin Pishevar wasted no time calling out the “Cheerleader-in-Chief,” tweeting that “Presidents should not be cheering the stock market,” and immediately began hashtagging the phrase, “TrumpDump.”

Shervin Pishevar would also touch on the subject of global competition regarding the stock market, revealing his view that the United States was losing ground when compared to a number of other major players, particularly China. Describing the changes as a “tectonic shift,” Shervin Pishevar discussed Silicon Valley’s loss of its historical competitive edge, as many of the other zones around the world are now flourishing through their adoption of the American way.

https://www.forbes.com/profile/shervin-pishevar/

How Paul Mampilly Helps His Subscribers Invest Their Money

Paul Mampilly is an investor and author who lives in Durham, North Carolina. Drawing on his vast experience working on Wall Street he writes a publication called Profits Unlimited. The intended market for this publication is middle-income investors who need the help of an expert like he is when figuring out what companies stocks to buy. While serving on Wall Street, Paul Mampilly won the Templeton Foundation investment competition was a strong testament to his ability to find winning stocks. When Paul Mampilly was a hedge fund manager he had invested in Sarepta Therapeutics.

This led to more than a 2000% gain which is when he sold out of this position. In 2008 he bought shares of Netflix. When their shares made substantial gains he sold them. This is the type of information he shares with his subscribers. In each issue of his publications he shares information about a company he has learned through research. He tells them when they should invest and just as importantly when they should sell. Paul Mampilly was just 42 when he walked away from Wall Street. He wanted to spend more time with his family which isn’t really an option for anyone working on Wall Street. He also wanted to share his knowledge of investing with regular people who don’t know how to properly evaluate a company or see where an industry is headed. He started writing for average investors in October 2011. He has written for Common Sense Publishing, Agora Financial, Stansberry Research, and now for Banyan Hill Publishing. He started publishing monthly issues of Profits Unlimited in June 2016.

Prior to this he set up a client demonstration account with $5000 in it. This account was started in January 2016 and it has achieved gains of more than 180% since that time.Paul Mampilly is originally from India. His father had lost his mother when he was just three and his father when he was 20. His dad went to college and had a job but he wasn’t making much. He ended up moving his family, including Paul, to Dubai for work. His father made far more money in Dubai than he ever did in India. His dad was able to pay for him to move to the United States and he paid for Paul’s college education along with his sister. This enabled him to have the success he has had in the financial industry.