Southridge Capital Is Always On The Lookout For The Next Best Thing

In this day in age, there is constant movement around in the job market. There is an abundance of economic unsettlement and with businesses being up and down, there is still one man that is helping investors to thrive while helping businesses thrive.

 

Stephen Hicks is the CEO and principal of Southridge. He carries a portfolio of responsibility with him where ever he goes. He is responsible for the direction in which Southridge Capital must move their funds. He is brilliant when it comes to the development and execution of all things business. He has helped the company to remain at the top of their sector since he founded the business back in 1996.

 

Southridge Capital was founded by Stephen Hicks when he was working within a small hedge fund office in New York City. When the principal of the hedge fund had opted to return to Australia, Stephen was left to close down the operations within the hedge fund. It was during this time that he remembered that he could continue working while trying to come up with his own brand. While still working under his boss who was retiring, Stephen Hicks began the cascade to build up his own business. You can visit their website southridge.com

 

 

When Stephen Hicks goes to work everyday at Southridge Capital, he is constantly going over the portfolio of the hedge fund. It is then that he will make a list of various tasks that he wants to complete. The goal for him is to make sure that all of his investments are staying on the right path for his portfolio goals. After reviewing his goals, he then will turn to see what opportunities are given to help his clients earn the most out of the investments.

 

When you work in the business world, you have to be willing to understand what the customer or client needs. One thing that he has learned and continues to address is the customers needs. He understands that the customer should be the first priority because without the customer, there would be no business. For more details check out citybizlist.com

 

 

When speaking about what it is that he finds to be the strongest selling point, Stephen speaks of the ideas that customers, clients and employees have come up with. If you are willing to put a good idea out there, you will be willing to make it come to life.

 

When it comes to hedge funds, the people behind the investments are always looking to find the next big thing. In recent months, Stephen Hicks has talked about the opposite ends of the spectrum with one end consisting of cryptocurrency and the other end being made up of legal sales of marijuana sales. While neither of these things are remotely close to one another, they do share one thing. The possibility of high profits.

 

See more: https://ideamensch.com/stephen-hicks/

 

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.

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/

Southridge Capital: New Partnership with Elite Data Services Inc.

Southridge Capital, through its CEO Stephen Hicks, has announced its new partnership with Elite Data Services Inc., a Dallas-based tech company. The company’s CEO revealed that an institutional investor for Southridge Capital had offered an equity purchase agreement with Elite Data Services Inc., and Stephen Hicks added that the transaction between the two companies would be beneficial to either party. He also claimed that Southridge Capital would need a company that would help it to grow further, and Elite Data Services Inc. is the one that they have been waiting for a long time. Through the partnership between Southridge Capital and Elite Data Services Inc., many business opportunities would knock on their doors that could improve their services and business performance.

According to Ideamensch, Stephen Hicks has also stated his gratitude towards Elite Data Services Inc. for trusting in them. The Dallas-based tech company is known for their generosity, especially with business partners. Elite Data Services offered several products and services exclusively for the use of Southridge Capital. The tech company stated that it is being offered as a sign of gratitude because of how Southridge Capital decided to offer them several perks and agreements that would help with their planned expansion. Being a tech leader in Texas, Elite Data Services Inc. stated that they would start programming software and application that can be used by Southridge Capital to advertise their products and services. This new partnership is also expected to reach new heights, as the two companies keep on signing new agreements each day.

Established in 1996, Southridge Capital continues to become one of the most sought-after companies when it comes to matters concerning investment capital and other related issues. Stephen Hicks founded the company, and he served as the CEO up until the present day. The company is adept in managing a lot of assets and investments, and they have transformed a lot of portfolios into multi-million dollar ones, thanks to the dedicated of Stephen Hicks to place his company onto new heights. Southridge Capital has also revealed some of their plans for the future, creating a massive business empire that would run from all the corners of the world. Visit the official website at southridge.com.

Read More: https://www.prnewswire.com/news-releases/southridge-capital-enters-into-a-5-million-equity-purchase-agreement-with-elite-data-services-inc-300118746.html

Cassio Audi And His Musical Business Career

Cassio Audi is one of the most prominent business entities in Brazil. For over two decades of professional experience, Cassio Audi has founded and sold more than 10 multi-million companies in the country. His career in business stretches back when he was still in high school. His parents noted that their son would become a better business entity due to his business ideas that often turned out to be the best. Cassio Audi has a taste in music. He has used this talent to pull people into service for the music industry because they love his music. His reputation has gone beyond the music and financial industry into the world of philanthropists.

The music Cassio Audi produces works a long way into advocating for what is in his mind. While he works to ensure his business career is improving with each passing day, Cassio Audi also works to ensure his music life is thriving faster and faster. Cassio Audi is considered as one of the finest musicians in the country due to massive adoption. His business is growing with more significance as time elapses.

In his world, music and business are two things that cannot be separated by words of mouth. However, they thrive because they are meant to unleash the best potential in this world. In a world where technology is growing to achieve entertainment in its purest forms, you require creative solutions to keep people entertained during their workplaces. You also require creative business solutions for everything you do.

Cassio Audi creates profit for his clients and business associates as they fall in love with his music. It is part of what he does when he writes more music in this category of business. Each year, Cassio Audi works on producing some songs that hit the brim in the industry. This is why his business keeps growing.

Soundhound: https://soundhound.com/?ar=200118118817452342