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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Sahm Adrangi Is Taking The Short Side With Proteostasis With Latest Negative Report From Kerrisdale

Sahm Adrangi is a well-known man in the investing world thanks to his many accomplishments as an investor and his success at Kerrisdale Capital. This private investment firm invests in various companies around the world. Today, being able to identify quality companies in the stock market is a challenge, and Sahm Adrangi is standing out where not many can. Kerrisdale has managed to excel and come out on top of the S&P 500 for several successive quarters.

On a normal basis, Kerrisdale Capital puts out reports on various companies in the market, and their latest was quite the negative report against biotech firm Proteostasis. This biotech company is home to Cambridge and has recently been making claims of a new breakthrough in terms of cystic fibrosis. Their new drug in development, PTI-428, is aimed at helping increasing lung performance in patients.

Unfortunately for Proteostasis, Kerrisdale was not impressed with their figures and the data they released, so Sahm Adrangi decided to do a little more digging into the company. Upon even closer examination of the results of the company, their actual test sample was extremely small. So small in fact, PTI-428 was only tested on four patients. This is not nearly enough to make such claims the company has been making, causing their company stock value to go up.

Kerrisdale took quickly to their report to get it out as soon as possible to inform the public and many investors out there of what is really behind this biotech company, Proteostasis. According to Sahm Adrangi, their drug cocktail is most likely an ineffective drug that works better as a placebo. Unfortunately for Proteostasis, the majority of their company value is invested in their product, which means they will lose more than 70% of their company share value when it comes out that PTI-428 is not effective.

As more companies and investors are becoming aware of the nature of this biotech company, their share values continue to drop and will likely push the company off the map in the near future.

http://www.imdb.com/name/nm1444924/

April 19, 2018

Posted In: Business, Business success, Businessman, CEO, Entrepreneur, Investor

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When One Man Can Be So Lucky

Looking After A Fund And From Retirement

Imagine having access to billions of dollars. Just see yourself holding each bill note and with a since of understanding as to how to reproduce the same financial status. This is the condition that George Soros has had to live with. But getting there was a long and arduous road, and the same is true for most professionals like George in his same place.What George Soros started was a financial revolution for his own life that eventually became the financial liberation of many other individuals in the world.

This liberation came in the form of an agency who only works with money, money and then some more money. These types of agencies are often called investment banking firms.But for George Soros, who works with a family mentality, the agency he was to develop is a management firm. This fund enables others around the world to join a group of people who have all benefited from putting their trust into the work of George Soros. And that work is a duplication of the work George was able to first accomplish for himself.Yet, though this presents an enormous platform and access to wealth, George Soros is currently retired from the family business.

Why Soros Had To Give Up The Reigns

Retirement for George Soros isn’t simply a matter of having had made all the money that he could possibly care to have. Mr. Soros also has a passion for making an outstanding impact in the world. There’s nothing more empowering for someone hoping to make an impact than for them to also have the time and resources to do it.This amazing opportunity with time and commitment is made possible by the fact that George choose to retire from working full-time. These factors, along with the notion that age is pressing on George, are the reasons he is no longer fully managing the Soros Fund. And by giving up his pro responsibilities, he was finally free in philanthropy.Where Philanthropy Fits In, Into The Mold. This great philanthropic figure is the man we are often learning about in the public spotlight. And for this, we present George Soros and honor him for creating a grand story that we all can learn from.

August 22, 2017

Posted In: Authors, Investor