Fortress Investment Group Core Competencies

Fortress Investment Group started as a pure private equity firm in the year 1998. However, the company extended its services to a wide range of activities including credit, real estate, and permanent capital investment policies. Wesley Edens, Randal and Rob Kauffman are the co-founders of this company. In the recent past, the company’s performance is commendable, and it is as a result of good leadership attributed by Wesley Edens and other principals. The company’s leadership aims at maintaining solid company governance practices and policies. Moreover, the Board of Directors has formulated a framework to ensure a high level of corporate accountability and integrity. As per December 2017 statistics, the company managed assets worth $43.6 billion.

One of the main contributions to Fortress investment Group success is its core competencies. First, the company specializes in asset-based investments hence it has a long time and broad experience. Additionally, the company’s expertise is also evident in pricing and financing of capital assets and real estate properties. Apart from proficiency in asset management, the company has adequate knowledge about the industries it invests. Indeed, the company has formed a group of investment specialists and developed good relationships with prominent institutions and individuals globally. Thirdly, fortress investment group is highly competent in its management operations because it has established tools to assess existing challenges. The company also ensures low-cost and fewer risks when financing its investments as a result of extensive expertise in capital markets. The capital market expertise enables the group to access debt as well as equity capital markets.

Fortress investment group has broad and extensive know-how in acquisitions and corporate merging. Acquisitions experience enables the corporate management to work and get along with various stakeholders. In February 2017, Softbank signed a treaty to acquire Fortress investment group for about cash of $ 3.3 billion. Under this merger treaty conditions, every Class A investor in Fortress would get $8.08 for each share which represented a first-class of 51.2% of Fortress’s 3-month volume-weighted typical price, but it excluded dividend. The senior investment professional remained and their significant contribution to fund performance. However, Fortress operates within Softbank as an independent whereby the three principals, Peter Briger, Randy Nardone and Wes Eden, will continue managing. The Softbank is responsible for sustaining the leadership, brand, personnel, business model, processes, and culture. Moreover, the Softbank has the mandate to get in partners and shareholders a given percentage of the venture.

May 13, 2018

Posted In: Finance Industry, Investor

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Eric Lefkofsky – Life and Business

Mr. Eric Lefkofsky is from Southfield, Michigan. He achieved his higher education at the University of Michigan based in Ann Arbor. Mr. Eric Lefkofsky obtained a Juris Doctor from the School of Law of the same university and even though he could have directed his career into Law, Mr. Eric Lefkofsky went into business. He has said that his change of direction was largely due to the dot-com crash and he decided to go with his gut feeling because he believed he had a solution that could make him successful.

As it turned out, Mr. Eric Lefkofsky was right about his feeling, and he was a power player in the crash. Later on, Mr. Eric Lefkofsky started sporting quite the portfolio full of his series of founded and co-founded businesses working in industries such as e-commerce, biotechnology, marketing, logistics and analytics, telecommunication, and more.

During his career, Eric Lefkofsky has also contributed to the education sector through his teaching positions. He worked at the DePaul University- Kellstadt Graduate School of Business as well as at the Kellogg School of Management owned by the Northwestern University. Now, Mr. Eric Lefkofsky is an adjunct professor at the Booth School of Business held by the Universty of Chicago.

Mr. Eric Paul Lefkofsky is most known as the co-founder and Chief Executive Officer of Tempus. Tempus was founded in 2015 with the goal to aid the development of cancer treatments by providing a platform that collects, stores, and analyses medical data and molecular data. Creating a platform to globalize the access to medical data allows it to be used more efficiently by doctors working on treatments for cancer as well as to create more personalized treatments for their patients. Mr. Eric Lefkofsky first got the idea to create this data sharing platform and co-found the Tempus company after a loved one was diagnosed with breast cancer. Eric Lefkofsky realized the medical field lacked a platform that digitally collected and shared data to be used for treatment research and that made it ineffective and incapable to create better therapy treatments for cancer patients.

February 2, 2018

Posted In: Business success, Finance Industry

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James Dondero: 30 Plus Years Of Proven Banking Industry Experience

James Dondero is the Co-Founder and President of Highland Capital Management. Highland Capital Management is a firm that is one of the largest alternative credit managers worldwide. This firm specializes in credit strategies some of which are distressed and special situation private equity and long-only funds. Some of the alternative investments Highland offers are emerging markets, long/short equities and natural resources. This is an international firm that has it’s headquarters in Dallas, Texas but also has offices in New York, Sao Paulo, Singapore and Seoul. Public pension plans and endowments are just two examples of their client base. Although Highland Capital Management is global in scope, the organization is also very concerned with public affairs in the United States. Read more at Huffington Post about James Dondero.

Under the leadership of Co-Founder and President James Dondero, Highland Capital Management recently made a $10 million dollar endowment to The George W. Bush Center’s program titled ‘Engage at the Bush Center.’ The Bush Center is the thirteenth presidential library. It was named for former President George Walker Bush and like Highland Capital Management, it is headquartered in Dallas, Texas. The Bush Center’s stated purpose is to provide access to official records from the Bush Administration, to provide a means to understanding the role of the presidency and the president as well as to assist in the examination and provision of solutions to today’s issues and concerns.

View: http://www.nexpointliving.com/JamesDondero

James Dondero has been involved in banking for over 30 years. He also serves on the board of directors of Jernigan Capital, Inc. and MGM Holdings. He is also Chairman and President of NexBank Capital, Inc., Cornerstone Healthcare Group Holding, Inc., and CCS Medical, Inc. He also seeks to serve the training of the next generation and is a member of the Southern Methodist University Cox School of Business Executive Board. Follow James on Linkedin.

January 28, 2018

Posted In: Finance Industry

Explaining Finance, Investing, And Retirement – Ted Bauman

Writing about finance requires some very focused skills that come with education and experience. Furthermore, in order to advise the general public about investments, one has to be familiar with the field that is a subject to constant changes. Issues in the economy can turn what used to be a solid tip into a very poor advice. Nevertheless, there is an individual who has found a way to share his knowledge on this matter by writing for the Banyan Hill Publishing is Ted Bauman.

Bauman began working for the Banyan Hill Publishing in 2013 and currently plays the role of the editor of the Bauman Letter, Plan B Club, and Alpha Stock Alert. The nature of his writing is primarily focused on helping readers get financial freedom or get back on track with their spendings, assets handling, and investments.

In one of his more recent publishings, Bauman discussed some issues like the Bitcoin modernization problem, threats to net worth estimates of retired people, his algorithm for stock market investing, and more.

One of his most impactful articles would have to be the one titled “Don’t Make This Retirement Mistake” according to plus.google.com. People tend to overlook retirement as only 48% employees accepts programs such as the matched 401K and similar, and this article can serve as a great material to get prepared for the inevitable.

In his article, Bauman talks about the three important numbers that are assessed every time a loan, mortgage, or anything of that nature is inquired. The first two numbers include age and the credit score, something well known to every buyer. The very last number is the actual price of the item that is being purchased according to banyanhill.com. To showcase the issue a little better, Bauman describes a recent experience of his when he had to purchase products such as Starbucks coffee or the latest video game console.

To be able to understand what the price is and how it corresponds to the actual value, the author defines it as subjective assessment of how useful something is. This then creates an issue where prices are becoming more and more detached from the actual values of things on seekingalpha.com. The displeasure at the fact that the author had to spend $299 on his daughter’s video game console expresses how he does not feel there is enough value to support the price.

Ultimately, this article goes along many others that Bauman creates to educate people in a fun and engaging way!

See: http://sovereignsociety.com/meet-the-experts/ted-bauman/

December 13, 2017

Posted In: Editorial Director, Finance Industry

Madison Street Capital Finalizes Minority Recapitalization Deal

Madison Street Capital is an investment banking company that is headquartered in Chicago, Illinois. They recently completed a minority recapitalization deal for one of their clients, ARES Security Corporation. The funds for this transaction were provided by Corbel Structured Equity Partners. The Chief Executive Officer of Madison Street Capital, Charles Botchway, announced the details of this minority recapitalization in a press release.

ARES Security Corporation is a company that provides security software solutions to other companies. The President of this firm, Ben Eazzetta, reflected on how his management team and board of directors stressed the importance of finding the right financing partner for this transaction. He thanked the team at Madison Street Capital for finding that right partner in Corbel Structured Equity Partners and he looked forward to the future of his company after the deal was completed. He also thanked Madison Street Capital for their professionalism and ability to provide due diligence as well provide an evaluation of the value of his company, continuing through the capital raising process.

Madison Street Capital reputation as a financial advisory partner is well known in the financial industry. The company, which is global in nature, provides a number of financial services including business valuations, corporate advising, and mergers and acquisitions. Their clients are middle-market companies, with a focus on those in emerging markets, who operate in a wide variety of industries. Madison Street Capital has offices in North America, Asia, and Africa.

Over the years, the team at Madison Street Capital has handled hundreds of mergers & acquisitions transactions. Their ability to handle these types of complex financial transactions and others like them has resulted in their earning a number of awards. So far in 2017, they have won the 11th Annual Turnaround for Restructuring Deal of the Year. They were also a finalist for the 9th Annual International M&A Advisor Awards Boutique Investment Banking Firm of the Year. In 2016 they won three financial industry awards and were a finalist in one other.

As a socially responsible company, Madison Street Capital has donated funds to a number of nonprofits. After the natural disasters that took place over the last number of years along the East Coast, Gulf Coast, and Midwest, Madison Street Capital donated funds to the United Way. The United Way helps people recover from disasters and providing for their long-term needs such as education, rebuilding projects, and financial stability.

 

To discover more about Madison Street Capital, please visit http://madisonstreetcapital.org/.

 

June 3, 2017

Posted In: Finance Industry