The Executives Behind Fortress Investment Group’s Achievements

Fortress Investment Group is a trendsetting hedge fund in the world’s financial industry. In 2007, CNBC honored it as the first hedge fund to go public. A decade later, FIG became the first hedge fund to be acquired.

Within two decades, the company has attracted over 1700 investors, and it manages assets worth $46 billion. It boasts of a dedicated team of experts with the sector-specific understanding required to make sound investment and financial decisions.

But, who are the executives behind the success of this company? FIG’s attainments can be credited to Randal Nardone and Wes Edens, the cofounders of the enterprise. The founders cooperate with Peter Briger to steer the investment management group in the right direction.

  1. Randal Nardone

Nardone is one of Fortress Investment Group’s co-founder. The co-founder has been serving as the group’s interim chief executive officer since 2013. Apart from his administrative role in Fig, Randal Nardone manages FM Falstaff Advisors, Eurocastle Investment, Springleaf REIT, and other companies affiliated with FIG.

Before establishing Fortress Investment Group, Mr. Nardone worked as a senior administrator at UBS, Thatcher Profit Law firm, and BlackRock.

  1. Wes Edens

Wes Edens is a trained business administrator with vast experience in the world’s financial industry. Before teaming up with Randal Nardone to co-found Fortress Investment Group, Wes Edens worked at Lehman Brothers and Blackrock.

Apart from the financial industry, Wes Edens is a respected personality in the sports sector. He co-owns NBA’s Milwaukee Bucks, and eSports’ FlyQuest. In 2018, he partnered with billionaire Nassef Sawiris to purchase a controlling stake in Aston Villa football club.

He is Fortress’ founder and head of the private equity division.

  1. Peter Briger

Peter Briger supervises Fortress Investment Group’s board of director, a role he has held for over 15 years. Mr. Briger is a skilled administrator with an undergraduate and postgraduate degree in business administration.

Before joining Fortress, Peter Briger worked at Goldman Sachs, a giant corporation in the world’s finance industry. Outside the finance industry, Mr. Briger supports Tipping Point, a charity that aids under-served communities. He also supports the Central Park Conservancy and Caliber schools.

https://www.crunchbase.com/organization/fortress-investment-group

Review of Newswatch TV host Andrew Tropeano interview.

Newswatch TV is a nationwide program that is broadcast on the majority of networks in the country. It has been airing for almost three decades and covers breaking news in all sectors. It is also a favorite among celebrities for voicing their support of certain causes.

One of the top hosts of the program is Andrew Tropeano. After completing a Master’s Degree in journalism, he was looking to move his journalism career forward. He joined Newswatch TV in 2010 and worked his way up to Executive Producer, along with being one of the main hosts. He comes from a background in journalism and spent much of his childhood watching his father grow his career by working for major networks such as CNN and the Washington Post.

Along with passion for journalism he also enjoys time outdoors and plays competitive soccer. He eventually sees himself expanding the Newswatch TV outlet to include multiple channels, and expand the online growth to ensure more viewers. Keeping customers informed is a top priority of his and he hopes to accomplish this by keeping Newswatch TV’s exceptional ratings.

Newswatch TV is a top competitor with other news networks by covering a variety of important issues and breaking technology, entertainment, and medical news. Although it’s primary focus at it’s inception was financial news it has quickly become a go-to news source and respectively airs on AMC Network and all Ion affiliates. It has won many awards for its nationwide program, and has also teamed with Fortune 500 companies to offer product reviews. Segments vary from self-contained reports to real-time interviews with celebrities and nationally recognized businesses and brands.

Choosing the best bottled water brand- Waiakea Water

When choosing the brand of bottled water to take, it is important to ensure that you take only the best brands in the market. The quality of bottled water is a major factor, especially because you are buying the water and not getting it for free. You cannot judge the quality of the best water by looking at it with naked eyes. Unless the water is muddy or discolored, you cannot tell the difference. What matter in water are the things you cannot see with your naked eyes. There are qualities of water such as mineral that we cannot see with our own eyes. These qualities are however essential for the body. Some of the minerals that are found in natural clean water include magnesium, calcium, and others. These minerals are necessary for the health of our bodies. While many companies talk of adding these minerals manually, they should naturally occur. The highest quality of water should contain, and they should not be added manually.

The minerals found in water not only improve our health but also contribute to the hydration process. These minerals may not be seen through the naked eye, but they are critical to the body. Every human being should ensure that they are taking these minerals in their body every day by drinking natural prepared water. Since many companies are filtering tap water, they are getting rid of these essential minerals during the filtration process. People should go for water brands that are proven to get their water from natural sources and do not any filtration processes that interfere with the quality of water.

About Waiakea Water

Waiakea Water is the best-bottled water brand in the United States. The water is naturally filtered by the environment as it comes down Mauna Loa Volcano. It is the first Hawaiian Volcanic Water. The water contains all the benefits of natural water, it is the purest brand and has the best taste. The company is doing very well in the water industry because the brand has been accepted by the people and is being consumed in volumes.

http://www.medicaldaily.com/alkaline-water-vs-plain-drinking-water-can-waiakea-bottled-water-lead-optimal-health-330396

Gareth Henry is a Rarity

In spite of Gareth Henry’s area of major being in actuarial mathematics while he was at school in the Heriot Watt University, he took a sharp departure from the career a typical actuarial mathematician would pursue. A typical actuarial mathematician would seek a career in the insurance industry but not Gareth Henry, who elected to become a professional investor in the hedge fund and private equity industry. Gareth has always found the degree of overlapping between finance and mathematics to be intriguing. It was, however, not until he developed a profound understanding of the dynamics of economics and risk management that Gareth Henry became irreversibly hooked. Perhaps it is his background as an actuarial mathematician that has enabled Gareth to be such a success in the hedge fund and private equity industry. Or perhaps it is his ability to engage with anyone in a meaningful conservation that has made Gareth so successful in the hedge fund and private equity industry. Gareth Henry first experienced success in this industry at Schroder as its Director of Strategic Solutions and then at the Fortress Investment Group as its Head of International Investor Relations and Global Head of Investor Relations. To know more about him click here.

Gareth Henry does not believe in power breakfasts and begins his workday early at 7 in the morning placing calls principally to Europe and Asia. He is also a constantly on the move workaholic in that he believes that activity generates opportunity and devotes whatever time he possibly can to his clients and his work. Further, when Gareth forms an idea that he truly believes in, he is willing to move heaven and earth to bring them to life. He also believes in asking for feedback from his clients, his team, and his colleagues believing that it is crucial to obtaining an understanding of the dynamics in which he is operating. Gareth also likes to seek advice from the 20 or so mentor he has developed a mentor-protégé relationship with. Recently, he has established a business of his own to provide investors with his services.

Visit his website: https://www.garethhenry.com/

Talos Energy Aims To Expand Their Presence In The Gulf of Mexico

Talos Energy, based in Houston, Texas, is a highly successful oil and gas company founded in 2012. Before their debut, the team at Talos Energy accomplished the great feat of building and transferring two separate oil and gas corporations.

More recently, Talos Energy took on the challenge of acquiring a failing establishment known as Stone Energy. The two combined officially in May of 2018 which created the New York stock exchange ticker, TALO, to represent the new merger.

CEO of Talos Energy, Tim Duncan, worked diligently through the devastating effects of Hurricane Harvey to close the merger with Stone, even though the company was bankrupt and failing. Though a move like this might seem like a daunting task to many, the effectiveness of the staff at Talos gave Duncan the confidence to close the deal.

Another factor that stockholders can take into account is the low-risk outcome of this merge. Though Stone Energy was bankrupt, they are only coming to Talos with a $700 million debt to $2.3 billion asset ratio.

The team at Talos Energy is always looking for ways to expand their presence in the Gulf of Mexico. Although they made some significant progress with this as they acquired Stone Energy, they pressed on to amplify their existence in the Gulf.

They succeeded in doing just that at the recent federal lease sale of blocks of acreage in the Gulf of Mexico. Many competitors were vying for the same 14 plots that were put up for sale. However, Talos Energy secured all of the available locations with their pledge of $5.3 million.

Their successful bid landed them a total of 75,000 net acres in the Gulf of Mexico, eight of which are shallow water locations, and the other six in deep water. Where other substantial companies play it safe with onshore drilling, Talos Energy would much sooner reap the benefits of drilling for larger quantities in the Gulf, no matter the possibility of failure.

To know more click: here.

GreenSky : Integrating Finance and Technology

GreenSky  is a financial technology company that was founded more than a decade ago in Atlanta, Georgia. David Zelik is the Chie Executive Officer and co-founder.

The company collaborates with financial institutions such as banks and merchants to offer loans to consumers for specific purposes such as healthcare, solar, home improvement among other needs. It has so far partnered with several financial institutions and continues to attract more.

GreenSky funds its programs mainly through federal insurance and state-chartered financial institutions. The company lent approximately $5 billion to various institutions between 2012 and 2016 and that figure has continued to rise.

Why GreenSky has remained low key

One of the reasons as to why GreenSky  is not popular in the fintech industry is because it doesn’t make loans from its own capital as is the case with other competitors.

The company instead partners with banks across the country to reach its goals.

Currently, GreenSky is in Partnership with more than 14 banks including Sun Trust Banks according to Wikipedia.

GreenSky ’s business model

According to its CEO David Zelik, GreenSky  should be viewed as a bank competitor. He says that the purpose of the company is not to lend money. “We are a technology company and our main purpose is to integrate technology with financial solutions by partnering with banks and other financial institutions,” said Zelik.

Capitalization and Valuation

In late 2016, GreenSky  raised capital worth $50 million. It then launched a $2 billion lending fund in cooperation with Fifth Third Bancorp in Ohio. Its valuation at that time stood at $3.6billion, two times more in the previous two years.

The company’s valuation in 2016 made it one of the few highly valued financial technology startups in the country according to the Wall Street Journal. Other major investors at GreenSky  include Wellington Management, Iconiq Capital, QED Investors, DST Global, and TPG.

Company Structure

David Zalik has been the CEO of the company since 2006 and is also the co-founder. Gerry Benjamin is the Vice Chairman while Tim Kaliban is the President and head of Risks.

https://www.nasdaq.com/markets/ipos/company/greensky-inc-1052127-86689?tab=financials

Robert IVY, the Ever Shining Architect

The Vice president and Chief Executive Officer America Institute of Architects (AIA), Robert Ivy, is a mirror to many aspiring architects and publishers. The Masters’ graduate in architecture from the University of Tulane and Bachelors’ of Arts degree in English from the University of Sewanee has accomplished a lot. Since he started his career in 1981 as the principal Dean/Dale IVY/Dean, where he was a critic of many publications, IVY, has built a strong bond with American Architectures. The talented Editor, Publisher and practicing architect gives all he posses in every organization the works for, hence always outstanding in architectural endeavors. More about of Robert Ivy at contractdesign.com

As the chief editor architectural records, as well as, Vice President and Editorial Director of MC Graw-Hill Construction Media between 1996 and 2011, Ivy, made numerous achievements. At the helm of editorial leadership, architectural records won several industrial honors including, The American Society of Magazine Editors, The premier magazine Journalism Award, Folio Design Award, among many others. Robert Ivy was one of the Jurors on a panel which selected Architect Frank Gehry to design National Dwight.

In 2009, The American business media honored Ivy with Crain Award as the highest recognition for an individual. This is a prestigious award not only to the architectural fraternity but also to the career of Ivy. In March 2010, Robert Ivy joined a class of icons like DR. Nathan Clifford Ricker and other six in the history of architecture when the National Architect Fraternity, Unanimously voted him as “Master of Architect.” In 2017, Ivy received Dean’s Medal from Fay Jones School of Architecture at University of Arkansas.

Robert Ivy went against all the odds to become the first architecture to be honored with Noel Poll Lifetime Award of 2018 by Mississippi Institute of Arts and Letters. This honor has been thought to be a preserve to only connected and active artists and patrons of Mississippi. Robert Ivy leading publications in design made him a celebrated ambassador of an architectural fraternity. The award has not only elevated Ivy to higher levels but also a source of pride to the architectural fraternity.

Learn more: http://www.zdnet.com/article/qa-robert-ivy-ceo-the-american-institute-of-architects/

 

Stream Cares Formalize The Stream Energy Philanthropic Activities

Founded in 2005, stream energy, as a young direct selling company can overcome the full nature of energy marketplace to emerge as one of the largest direct selling energy companies. The company has not only scored big in the business world, but it has taught the culture of giving back to the society to the entire employee fraternity. The recent formalization through the stream cares foundation is part of efforts to take the philanthropist activities a notch higher.

 

Stream energy featured in helping the most affected victims during the Hurricane Harvey, collaborating with Hope Supply Co, to rebuild homes. Also, the customers who were directly affected by the hurricane Harvey were given financial support to cope up with the financial burden occasioned by the effects of the disaster. Since then,the firm for the last four years has been providing solutions to homeless children.

In conjunction with hope, over 1000 homeless children from Texas, and Dallas were taken to a hotel in Texas, had their entrance fees and lunch paid for the holiday of December. During the event, the children were taken to a local water park, to enjoy a fun day. The package included essential supplies, and money.

 

In December, stream provided Dallas Era Veterans together with their loved ones with moral and financial support. In this event, operation once in a lifetime, stream gave transport to less fortunate military veterans to enjoy December lunch with their families at Texas hotel. It was a fantastic opportunity to make less fortunate servant feel appreciated.

 

 

Stream Energy is a long-time partner of Red Cross America which provides disaster relief, emergency assistance, and education. Habitat for humanity is another philanthropic work for Stream Energy, whereby, it builds new homes as well as repairing existing ones for families.

 

With now coming of stream cares, then, the philanthropic work of stream energy is business of all employees and a calling to their esteemed customers.

 

https://www.dailyforexreport.com/david-faranetta-new-cfo-for-stream-energy/