Wes Edens Is The Successful Risk Taker

Business, CEO, Company, Expert, Founder, Investment

Believing In The Underdog

Wesley Edens is the co-founder of Fortress Investment Group. He is known for diving back into the lending market no later than a couple years after the financial crisis. Today, Edens and Fortress are contributing over $3 billion to create a private passenger train in Florida. His investment seems risky because self-driving cars are on the horizon. Edens is no stranger to risky deals. In 2014 Wes Edens bought a portion of the NBA’s Milwaukee Bucks. He is the co-owner of a team who hasn’t won a championship is close to 50 years. He also invested heavily in a struggling English soccer club called Aston Villa. Wes Edens says he wants to see things as they are and not necessarily how other people see them. His ability to see potential in an otherwise doubtful project is what sets him apart. See more information about Wes Edens at wealthx.com

 


Gaining Success

Wes Edens gained most of his success while leading Fortress. He became the co-founder in 1998 and he remains the co-CEO today. In 2007, Fortress was one of the initial private equity firms going public. Edens gained $2.3 billion stake in that process. Ten years later, Softbank purchased Fortress for $3.3 billion. That purchased earned Wes Edens a 40% premium on his stake’s initial value.

Early Days

Wes Edens had a psychologist father and a schoolteacher mother. He was raised on a ranch in Montana, and spent the majority of his childhood days outdoors. Edens says there were only two TV stations you could watch, so you either read a book or went outside. In his teenage years he took an interest in competitive skiing. Today he still skis around Jackson, Wyoming. He just opened a luxury hotel in the area called the Caldera House.

Education

Wes Edens got his degree in finance and business administration from Oregon State University. When he finished school in 1984 he landed a job at a bank in San Francisco. One of his acquaintances at Merrill Lynch suggested that he try his talent with Wall Street. He took the advice and moved to New York where he earned a position at Lehman Brothers.

Learn more: http://www.industrialareasfoundation.org/topics/wes-edens

 

Gareth Henry Partners With Angelo, Gordon And Company

Company, Investment

Gareth Henry has a knack for choosing wise investments, helping his clients grow their money and it shows in his employment choices. Mr. Henry graduated from Heriot-Watt University in Scotland with first honors in 2001. Mr. Henry’s degree is in BSc Actuarial Mathematics & Statistics. Gareth first started working for Watson Wyatt, a global consultin firm, in the research department before joining Europe based money management firm Schroders as the Director of Strategic Solutions, advising clients in their financial investment choices. After a few years with Schroders, Gareth Henry moved onto Fortress Investment Group.

Recently, it was announced that Gareth Henry would be taking over as Managing Director and Global Head of Investor Relations at Angelo, Gordon and Company, a private, small investment firm that currently manages $26 billion dollars in worldwide investments. Angelo, Gordon specializes in real estate, private equity, and credit investments and has offices in New York, Europe, and Asia, with affliate offices across the United States.

Angelo, Gordon and Company are excited to add Mr. Gareth’s talents onto their company’s staff to deepen Angelo Gordon’s investment in quality staff members and to strengthen the quality of their staff/ client relations. Mr. Henry will be a perfect fit for Angelo, Gordon as Gareth Henry came from the Fortress Investment Group where he worked for years as the Global Head of Investor Relations for the company’s Liquid Markets division. Mr. Henry worked at Fortress in their London based offices overseeing all client services, plus marketing and sales for the entire company. Through Fortress, Gareth Henry has built both a strong reputation for solid investments, and a long list of clients and connections that trust his financial knowledge and investment skills.

Read More : www.bizjournals.com/newyork/potmsearch/detail/submission/6456995/Gareth_Henry

Stream Energy Cares About the Communities it Serves

Business, Business Expert, Business Leaders, Businessman, Energy Problem, Entrepreneur, Investment

Stream Energy is Dallas, Texas’ answer to economical utility costs. Stream offers affordable electricity and gas, an accessible Wi-Fi network, as well as mobile and digital home phone plans. They are a very unique company whose main service is energy, but they also offer protective services. Virtual M.D., one of Stream’s protective services provides the prescriber access to a doctor 24/7 for consultations, diagnoses and prescriptions. This and roadside, Identity protection along with credit monitoring are also provided to subscribers by Stream Energy.

While Stream Energy is now offered in ten states, it has always taken part in charitable acts in the areas where it provides services. In Dallas, Texas, its home base, the company established its charitable arm, Stream Cares. Stream Cares has an on-going relationship with Habitat for Humanity and the Red Cross. The company and its independent sales force also keep an eye on homelessness in the area and so far they have tracked a rise of 24% in Dallas, Texas. Working hand in hand with the Hope Supply Company, Stream Cares hopes to greatly reduce or even eliminate homelessness.

The independent contractors that form Stream Energy’s work force work directly with their customers. They know the community intimately, so when they are struck by disaster, the workforce is motivated to help in any way they can. They raised money and provided hands on help when North Texas was hit by several tornadoes on Christmas week in 2016.

The associates staged another charity event for our military veterans, Operation Once in a Lifetime. This even gave the families of less fortunate military veterans a special lunch in December. This lunch was served at a well known Texas restaurant and consisted of the favorites: ribs, steak and burgers. Just a day later, Stream associates treated veterans’ daughters to the American Girl Doll Experience. Stream paid all the expenses and each girl received an American Girl Doll and lunch at the American Girl Café.

Stream Energy is spreading all across America, bringing affordable energy. Along with their expansion, they will also bring their penchant for helping the needy. All their associates are recruited from the area they serve and naturally these people care about their communities and their customers. Stream Energy and its associates are positioned to always care and always show it through charitable giving and service.

https://www.linkedin.com/jobs/stream-stream-energy-jobs

Why Louis Chenevert Will Live In the Hearts of People for Many Days

Business, Business Leaders, Businessman, CEO, Company, Investment

Serving in a technology corporation as the president and chief executive officer is no joke. It means the management and running of the company’s affairs are on your shoulders. Although there are several technology companies today, the United Technologies Corporation has gained a wider global customer base and market space. As the CEO and also the chairman of this corporation, Louis Chenevert has brought unimaginable positive changes. He assumed these two offices in 2010 through an elective process. It’s good to appreciate that Louis has worked with a leading aerospace manufacturer called Pratty & Whitney.

 

Louis was quite pivotal in this company in promoting their products and processes. He became the president of Pratty & Whitney through hard work. He studied at Montreal where he graduated with a production management degree. He then joined General Motors where he served as the production manager upon being promoted. Louis Chenevert later became the production general manager and worked in this company for about 14 years. His leadership helped the company to get greater openings in places it didn’t have roots before. Louis is a man of great aptitude in management matters and a strong business leader.

 

Before the United Technology Corporation changed into the global company, it used to be a transactional corporation. UTC is known for its great deals and its contributions to the civilian and military economies. UTC produces many major products like security systems, HVAC, elevators, and aircraft engines. Although the company was prone to the 2006 economic decline, Louis Chenevert offered protective leadership that made the company thrive at such a time.

 

Louis was careful to ensure the profits of the company were properly protected. This gave this company an opportunity to remain productive when other businesses were sinking down. Many other corporations cut their prices down to attract customers. However, Louis Chenevert stood with his great leadership skills in business and made the company strong and popular. According to Louis, difficult times are bound to come in every business, but they are not an excuse why a business shouldn’t thrive. He believes every business that thrives has the input of the employees who work as a team.

 

https://affiliatedork.com/how-former-ceo-louis-chenevert-helped-utc-become-a-global-force

Fortress Investment Group’s Cofounder and Bucks Team Owner, Wes Edens

Business Leaders, Investment

Wes Edens is a successful businessman born on the 30th of October 1961. He was brought up in Montana and joined Capital High school for his high school education. He later graduated with a Bachelor’s in Finance and Business Administration from Oregon State University. He is an established entrepreneur and a private equity investor. He started his career at Lehman Brothers in 1987 as a partner and a managing director.

He later relocated to BlackRock’s private equity division where he worked as a partner and a managing director till the year 1997.

By the time he left BlackRock, he had gained extensive expertise to establish firm. In the year 1998, he founded Fortress Investment Group in conjunction with Robert Kauffman and Randal Nardone.

They established the corporation at an initial investment of $400 million in the capital. The corporation which was started as private equity firm as now grown to become a global leader in alternative assets management.

In January 2018, he confirmed the sale of his primary business, Fortress Investment Group. Japan’s SoftBank Group Corporation acquired the firm at an alarming $3.3 billion in cash. His accrued earnings from the sale sum up to $512 million.

He has received money amounting to $11.4 million through bonus dividends since February 2017. He has also received $1.4 million in shares and $200,000 in salary.

Despite the sale, Fortress Investment Group operates as an independent corporation with its headquarters in New York City. Wes Edens, Randy Nardone, and Peter Briger also retained leadership roles in a five-year contract deal.

Wes Edens is also a renowned philanthropist who has donated over $2.7 million to charity. He majorly gives to education, arts, and health-related related causes. Some of the beneficiaries of his benevolent work are Macalester University College Samuel Waxman Cancer Research Foundation.

He partnered with Marc Lasry to purchase Wisconsin’s Bucks basketball team from Herb Kohl in the year 2014. They spent a total of $550 million to buy it and an additional $100 million for the establishment of a multipurpose arena.

The arena was aimed at replacing the old BMO Harris Center. Wes Edens is currently the chairman of the Board at OneMain Holdings and Drive Shack corporation amongst other companies. He is interested in sports, business, and politics.

Wes Edens’ hobbies include that of horse riding, running and climbing mountains. He has climbed Africa’s highest mountain, Mt. Kilimanjaro to its peak.

Wes Edens’s Facebook Page: www.facebook.com/public/Wes-Edens

Fortress Investment Group Recently Acquired By SoftBank Group Corp

Financial, Investment

Fortress Investment Group is geared up to raise approximately $2 billion. This money is earmarked for direct lending and raised under the ownership of Softbank Group Corp. Another 5 billion for flagship credit opportunities. This moves Fortress into the next step as Softbank.

Fortress changed its lineup following the SoftBank Group purchase of Fortress and promoted Josh Pack and Drew Mcknight to managing partners in the credit group while Joel Holsinger left the firm. Fortress studies other money management groups in the ring and noticed that they’ve closed their direct lending pools. Asset manager sees this as an opportunity to pick up where the other investment companies left off.

A little background on Fortress Investment Group. It manages alternative assets. Fortress Investment Group was founded in 1998 and has over 1,100 employees. With a keen eye on a plethora of investment strategies, they provide a service for over 17,000 clients worldwide. Softbank became the owner of Fortress in February 2017 for an estimated $3.3 Billion. The acquisition was completed after the agreement to all conditions.

Since January 2008 Fortress has invested in 24 companies like Lotterydotcom, MoneyMe, Mash, Litify and Bluevine just to name a few. These companies provide a range of services such as loan financing to other businesses, Cloud Video Surveillance, producing devices for small bones and joints, data archive solutions, and more. Fortress Investment Group in 2007 was dubbed the largest private equity firm in the US to be traded. as of December 2017.

Fortress boasts of approximately $43 Billion in assets. While headquartered in New York, Fortress has affiliate offices worldwide. The company’s forte in pricing, owning, financing, and management of assets from real estate business to financial assets. They have developed an investment team armed with the knowledge of the fields they invest in. This gives Fortress a leg up in the industry when making investments.

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The End of One You and the Start of Another

Business, Health, Health Care, Investment

In some ways, giving the Youth Enhancement System a spin is like ending the old lifestyle that was breaking you apart and starting anew once more. While there’s never truly a replacement to taking care of yourself — exercise, eating well, the whole nine — you can get awfully close with Jeunesse’s line of youth enhancement products, which are designed to target not the ailments themselves but the body’s repair systems. That’s to say that it improves your biological garrison and fortifies the gates with immune boosters, fitness aids and more. There’s a well-rounded system at play, but it wasn’t without a great deal of effort to build the alternative wellness solution company from the ground up.

Jeunesse started off as an ambitious goal between two aging entrepreneurs who’d seen much of life’s offerings in their time as successful enterprisers. Randy Ray decided to unite with Wendy Lewis on September 9 at exactly 9 o’clock in the evening; the year was none other than 2009 — less than a decade ago. The company has come a long way in such a short time, beginning as a multi-level marketing platform that sold all-natural health products for people young and old to realize their potential once more. Behind the symbolism of the number 9 is the intense belief that longevity and wellness for all is the only purposeful way for the duo to live now, and to this day, the Jeunesse Family stands as a testament to the vision that now embraces the world at large.

The Youth Enhancement System is the cornerstone product that the company offers to solve age-based issues stemming from free radicals, compromised immune functions, sedentary living and more. The range of application methods is quite extensive, and this is to optimize the introduction of the following benefits individually:

  • Improved ability to fall asleep and remain that way for the whole night
  • Quicker and easier waking in the mornings
  • Elevated mood and attitude
  • Enhanced sharpness of mind
  • Amped-up energy to stay on the move all day
  • Boosted immune and repair processes

https://www.instagram.com/jeunessehq/

Why Forbes Featured Peter Briger; The President And Co-Chairman Of Fortress Investment Group

Investment, Investment Banking

Peter Briger is a Principal at Fortress Investment Group LLC. He is equally a Co-Chairman of the Board of Directors of the company. Prior to becoming the co-chairman of the board of directors, he had been a member of the management committee of the company.

Educational Background

Peter holds a Bachelor of Arts degree in Business Administration from Princeton University.Additionally, he has a Master of Business Administration from the Wharton School of Business at the University of Pennsylvania.

 Peter Briger’s Professional Career

Peter Briger’s professional career started at the Goldman Sachs and Co where he worked for 15 years. There, he became a partner in 1996. While at Goldman Sachs and Co, Peter was appointed as the head of these committees:

  • Asian Management Committee,
  • Global Control and Compliance Committee, and
  • Japan Executive Committee.

Also, he was appointed as a co-head of various groups at Goldman Sachs and Co. These groups include but not limited to the following:

  • Whole Loan Sales and Trading Business
  • Asian Real Estate Private Equity Business
  • Special Opportunities (Asia) Fund LLC
  • Asian Distressed Debt Business

And in 2002, he joined the Fortress Investment Group where he managed the hybrid hedge fund operation as well as the Credit and Real Estate business at the firm.

Peter’s journey at Fortress Investment Group

Peter joined the firm in 2002. In 2007, he featured on the Forbes list of top 400 business professionals in the US. And he ranked as number 317 with a net worth of $1.5 billion. Forbes included him because he had gained a duly deserved recognition.Then in 2009, he was elected as the co-chairman; a great development that stemmed from the fact that he had been impressive since joining the company. What Employees are saying about Peter Briger and the top Executives at Fortress Investment Group .Most of the employees at the company have confirmed that the organization is the best place to work. Employees’ performance, dedication, and hard-work are recognized by the top management executives of the organization.The interns have equally testified that they have been able to learn a lot of skills during their short stay at the company.In addition, the company has been described by both past and present employees that the company is a good place to work.Furthermore, Peter has been able to prove that he is vastly experienced in asset management and investments with his over 2 decades experience in the industry. More so, he is a reputable leader and an outstanding business professional.

Peter Briger: Leading Fortress Group Into The Future Of The Financial Field

Company, Investment

Being a well-known name in the financial field is not an easy task, especially in the cut-throat competitive setting of Wall Street. The companies that make it here are the ones that have made it big time, and the people that stand out here are some of the most learned members of their respective fields. Specifically, when it comes to financing, Peter Bridger is a name that a lot of people tend to know. Serving as the co-chairman of Fortress Investment Group, Bridger has served as a vital member of the company and of the field for an incredibly extended period. The first time Peter Bridger decided to join the company was in 2002 and since then, has only contributed positively to the work that Fortress Investment Group does. He has been a vital member of the organization and has improved the overall workings of the company and the range of services that they provide. Through the years, Peter Bridger has been able to develop a number of positive strategies and business developments that have helped the company reach a more favorable position within the field, and have increased the overall portfolio that the company possesses.

One of the reasons why Peter Bridger has been able to implement so many positive improvements to the company is because of the past professional experiences that he has had through the course of his career. One of the more notable professional endeavors that Peter Bridger had taken on before working at Fortress Investment Group was a position at Goldman Sachs. This was a noteworthy position that shaped up Peter Bridger to be the name that he is today, and is also one which helped him grow incredibly through the course of his career. He learned from some of the most proficient professionals in the field and began to implement all that they were doing in the work that he was tasked to perform. Over time, he started to adopt a more hands-on approach to the field and the job that he possessed, which was something that aided him in his overall professional growth.

The experiences that Peter Bridger had at Goldman Sachs greatly impacted the work that he was doing at Fortress Investment Group. He was the reason why the company decided to become public and appear on the New York Stock Exchange. He decided to improve the workings of the company through this manner, which also made Fortress Investment Group one of the first investment companies to become public. Several other names in the field soon followed after in their footsteps, and none of this would have been possible without the guidance of Peter Bridger.

While it may seem that Peter Bridger is heavily focused on the work that he does, he still tries to partake in charitable ventures to make a difference to the lives of people all over the world. Peter Bridger regularly donated to charities and organizations and teams up for events that are contributing to a better society. He has also given millions towards organizations that are working towards helping him achieve this goal.

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How Peter Briger Became A Billionaire

Business Leaders, Investment

Peter Briger is a billionaire who currently lives in San Francisco, California. He is the principal and co-chief executive officer of Fortress Investment Group which is headquartered in New York, New York. He has been in the financial industry for over two decades where he has been managing assets. Fortress Investment Group is one of the world’s leading investment management firms which offers its services to institutional and private investors. They manage over $65 billion in assets under management. He is a graduate of Princeton, where he earned his bachelor’s degree. He also attended the University of Pennsylvania’ Wharton School of Business where he earned his master of business administration.

For 15 years Peter Briger worked for Goldman Sachs & Co. His acumen at investing in alternative assets led to him becoming a partner of this financial firm in 1996. While he worked there he was on a number of their top committees. Among these were the Japan Executive Committee, the Asian Management Committee, and the Global Control and Compliance Committee. He also held multiple leadership roles at Goldman Sachs such as co-heading the Asian Distressed Debt business and the Whole Loan Sales and Trading Business among others.It was in 2002 that Peter Briger joined Fortress Investment Group. He was responsible for building up their Fortress Credit business which he continues to manage himself.

This division of the company employs over 300 people. He specializes at investing in undervalued assets, distressed investments, and those which are illiquid in nature. Because of his success at investing in alternative assets like these Forbes Magazine had him ranked as the 317th wealthiest person in the world with an estimated net worth of $1.5 billion.Beyond his alternative investing career, Peter Briger is a member of a number of organizations. He is part of the Princeton Entrepreneurship Council, for example. He has a seat on this nonprofit’s alumni advisory board where he offers students access to his investment, business and leadership skills. He is also involved with the Global Fund for Children as he sits on their Silicon Valley Leadership Council. Additionally, he is on the Council on Foreign Relations. This is a nonpartisan organization which helps elected officials and the general public understand foreign policy issues better. Peter Briger is married and they have four children at home.