Category Archives: Financial Advisor

CONTRIBUTION OF RANDAL NARDONE TO FORTRESS INVESTMENT GROUP

In 2011, Fortress investment group appointed Randal Nardone as their interim chief executive officer after suspension of Dan Mudd. Mudd was sued by Securities and Exchange Commission for purportedly misleading the public and investors about mortgage loans when he was the Chief executive officer of Fannie Mae. Before his appointment, he had graced the list of “world’s billionaires” in Forbes magazine with an approximated net worth of $1.8 billion. He joined Fortress investment group in 1998 as one of its principle and co-founder. Due to diverse and extensive credit, management expertise, and extensive experience as a director and officer of public companies led to his appointment as a director of Fortress Investment Company.

Nardone became a billionaire in early 2007 after the IPO of the company as a part of “Fortress five”. Since November 2006, he has served as the investment firm as a board of directors member. However, he was appointed officially to head the firm in August 2013.His previous experience includes working as a BlackRock Financial Management principal, and a managing director of UBS before joining the Swiss banking firm.Randal Nardone is a co-founder, chief executive officer, director and principal at Fortress investment group. He is a principal and co-founder of FM Macro advisors. He also serves as secretary and vice president of Newcastle investment holdings. He also served as a member of executive and partner at the Thacher Proffitt law firm. Nardone studied and received an undergraduate degree in biology and English at the University of Connecticut. He obtained a J.D from the school of law, Boston University.

In December 2017, the SoftBank Group Corporation (SBG) announced that they had completed the acquisition of Fortress Investment Group at a fee of $3.3 billion. The completion followed the satisfaction of the conditions including the transaction approved by the Fortress shareholders and receipt of the necessary approvals.After the acquisition, each outstanding share of class A was converted on a ration of $8.08 per share. On the other side, the merger proceeds were to distribute according to the payment procedures that were outlined in the Fortress Definitive Proxy and the merger agreement. The financial statements of the two firms were consolidated on December 27, 2017, following the merger.The fortress was to operate under SoftBank although as an independent business which had its headquarters in New York. Fortress principals Wes Edens, Pete Briger and Randy Nardone, were to continue leading Fortress. SoftBank continues to be committed to maintaining business model, processes, leadership and culture that have fueled the success of Fortress up to date.

Wes Edens: Fortress Investment Group’s Co-Founder And Co-CEO

Wes Edens is one of the co-founders of the publicly-traded alternative investment company Fortress Investment Group LLC. A principal in the company, Edens has held a number of positions since helping to start the company in 1998. From it’s founding until 2013, he was CEO of the company. Beginning in 2017, Edens was co-CEO. Wes Edens has also been private equity head, president and chief investment officer. Since 2009, Edens has been co-chairman of Fortress Investment Group. Even to today he remains in charge of private equity as well as publicly traded alternative investment companies.  Since co-founding Fortress Investment Group, Wesley Edens has served as CEO and/or president of a number of companies.

They include Newcastle Investment Holdings LLC, Eurocastle Investment Ltd., Global Signal Inc., Capstead Mortgage Corp., Global Principal Finance Group and Impac Commercial Holdings, Inc. Prior to helping to create Fortress Investment Group, Wes Edens worked at Lehman Brother as a managing director and partner from 1987 until 1993. He then moved on to Blackrock Financial Management where he spent 4 years as a partner as well as managing director. Wes Edens was Union Bank of Switzerland’s managing director from May 1997 until he left to start Fortress in 1998. Wesley Edens has also been the chairman or director of a wide array of companies in a variety of industries since he co-founded Fortress Investment Group. Some of those companies are Drive Shack Inc., Fortress Credit Corporation, New Senior Investment Group Inc.

Mapeley Limited, Florida East Coast Holdings Corp., Gatehouse Media, LLC, Florida East Coast Railway Corp, New Media Investment Group Inc., Newcastle Investment Holdings LLC., Eurocastle Investment Ltd., Global Signal Inc., Capstead Mortgage Corp., Impac Commercial Holdings, Inc., Intrawest Resorts Holdings, Inc., OneMain Holdings, Inc., Springleaf Finance, Inc., Fortress Transportation and Infrastructure Investors LLC and many others.A graduate of Oregon State University, Wes Edens has a BS in business administration and finance which he has obviously put to good use. But, he also supports a variety of meaningful causes and organizations. Princeton University’s The Edens Family Fund for Climate Change research is one of them. Edens was also the advisory council of the Brown School of Public Health’s inaugural co-chair. He also endowed the Edens Professorship in Global Health at St. Paul, Minnesota-based Macalester College. A U.S. Ski and Snowboard Team Foundation supporter for many years, Wes Edens also owns the Milwaukee Bucks NBA franchise.

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Paul Mampilly: Research-Backed Investment Advice

Paul Mampilly is an American entrepreneur, research and investment analyst, and a former Wall Street bigwig. Paul is the man behind Profits Unlimited, a newsletter that dispenses investment advice to Americans. Over the years, Paul through the newsletter has gained popularity with many aspiring investors. He is often featured on television programs aired on Bloomberg TV, and CNBC among others.

As an investor, Paul has made some investments that yielded impressive returns. For example, his 2012 investment in Sarepta Therapeutics—a therapeutic drug development company—generated over 2000% profits in under 12 months. When he invested in Netflix in 2008, the company’s stock prices rose substantially enabling Paul to a make profit. Paul is an avid investor who believes that timing is the key to successful investments. Paul advises his audience to know when to make an investment in a company and when to divest from it. As at present, Paul has investment advice for his audience. And as usual, Paul’s information is backed by research.

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Paul has observed and realized an investment opportunity in electric car manufacturers. He believes that traditional vehicle manufacturers, using internal combustion engines, have uncertain future as the world is edging towards electric vehicles. Paul advises his audience to take the opportunity and invest in companies keen on developing electric cars. Such companies will soon be gold mines.

With the advent of technology, healthcare has been evolving rapidly. Paul believes that technology is yet to deliver the best in healthcare in the form of precision medicine. Precision medicine aims to personalize healthcare to suit individual needs. The guiding principle: no two persons are similar, and therefore each should be handled differently. Precision medicine is an evolving field, and Paul believes wise investors should take note of it.

Statistics estimate that millennials constitute the largest population segment in America. According to Paul on stockgumshoe.com, millennials have specific eating habits that require food or cooking ingredients to be delivered at their doorsteps.

He believes it is the best time for investors to put their money in food delivery systems tailored to meet the needs of millennials.

Paul has worked in many companies since 1991. He left Wall Street to focus on his family and use his experience to mentor investors.

Learn more about Paul Mampilly: http://releasefact.com/2017/09/how-paul-mampilly-created-the-fastest-growing-investment-newsletter/

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Reach your financial potential with The Midas Legacy

Everyone is able to earn a paycheck to pay the bills, pay the mortgage, and so on. But what portion of that is going to your retirement? Most people vastly don’t put enough into retirement savings, and that is going to cause them problems when it comes to the day retirement age gets here.

Many people will not be able to retire when they want, and they should be able to. If you have dreams of an early retirement, you need to have a consultation with The Midas Legacy. They are the ones who will steer and guide you in the right direction so you can live well into your retirement with good health.

The Midas Legacy is the group that is able to offer certain clients capital to individuals who have the drive and potential to help those in real estate, finance, entrepreneurship, and natural health. If you have the potential and the drive to help others in these sectors, then The Midas Legacy wants to work with you.

When you consult with The Midas Legacy, you become a client who is eligible to receive a free gift. This free gift is in the form of a guide called The Midas Code. The Midas Code is a guide of tips and strategies to help you manage your wealth better.

Read more:
Want real wealth? Trick your brain…

Midas Legacy – About Us

The huge team of experts at The Midas Code have decades of experience in various sectors of the business world. When you become a member, you will be then directed into business sectors with the guidance of the experts from The Midas Legacy on themidaslegacy.com. Their sole common goal is to ensure you reach your financial goals.

Experts include those in real estate, and trading, like Jim Samson. Jim brings almost two decades of real estate experience to The Midas Legacy and also is a best-selling renowned author. Others include Sean Bower, a renowned author in business who has written countless article for The Midas Legacy website on how to unlock inner secrets to financial management.

The Midas Legacy is a philanthropic group. They strive to give back to the community in Winter Garden, Florida, in which they are based. They continually give to worth organizations like the Wounded Warrior Project, and others such as the Florida Sheriff’s Association.

Your dream of retiring early can be attained with The Midas Legacy. They strive to help you reach your early retirement dreams.

Learn more about The Midas Legacy: http://talkradiowest.net/want-a-happier-healthier-wealthier-life-find-the-midas-legacy/

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