Wesley Edens is among the co-founders of Fortress Investment Group in 1998. His fellow co-founders were as Randal Nardone, Peter Binger, Robert Kauffman, and Michael Edward. In 2007, the Wall Street Journal proclaimed his style of investment was that of creative financing, contrarian bets, and building companies from mere investments. Eden began his career at Lehman Brothers in the year 1987. He became partner and managing director up to the year 1993. Blackrock Asset Investors was the next step in the career of the man. He continued to serve as the managing director and partner at Blackrock. He worked there until 1997. Thereafter, they founded Fortress Investment Group. The co-founder went to the Oregon State University where he pursued a Bachelor of Science in Finance and Business Administration. It was in the year 1984.
Fortress Investment Group is a financial institution that deals with real estate and vehicle lending activities. The group started as a private equity firm and it has grown to be among the leading investment companies in New York. In 2007, its Initial Public Offering to increase by a large margin when it went public. As of recent times the firm has bagged over $40 billion with over 1,750 investors in hedge funds, permanent capital and private equity. With more than 900 workers, the firm is undoubtedly a large investment bank. Fortress main aim is to put in high risks with the hope that the pendulum goes and comes back with high returns.The main agenda lies in five different areas, asset-based financing, operation management, corporate mergers and acquisitions, capital markets, and sector-specific knowledge of financial markets. On asset-based funding, investments entail private equity and credit funds.
Such environments there are a variety of assets that create long-term cash flow for the firm. Financial items that bring the cash flow include real estate, capital for businesses, and issuance if vehicles. In regards to technical knowledge in finances, they have a skillset in that sector. Fortress recently merged with Asia’s Softbank. It is a perfect example of mergers and acquisition function.Also, they maintain good relations with both the employees and their corporate board members. It is an aim by the organization to harmonize everyone working for them in whichever capacity. Eden was behind another merger between Fortress Investment Group and Springleaf Financial services previously known as American General Finance, (AIG). Fortress became the majority shareholder thus they became partners and merged their businesses. In August 2010, Fortress acquired 80% of Springleaf for 125 million dollars. Fortress then went ahead to build out financial services within its private equity docket, which is at about 14.3 billion dollars in assets.
The aeronautics industry mainly serves the defense and aerospace fields. Many companies and individuals that influence the industry have a profound impact on how the government allocates funding for their respective countries. In today’s article, we will recap a recent Ideasmensch.com interview with one such influencer in the aeronautics field, Louis R. Chenevert, former chairman and CEO of United Technologies Corporation (UTC). The article will give some basic background about Mr. Chenevert’s career paths but will mainly focus on his time at UTC. We will also recap some of Louis’ perspectives on the industries that he has served in the past.
Louis worked with United Technologies Corporation (UTC), a military and aerospace company based out of Farmington, Connecticut for eight years. He had also served as Director of Technology and President during his tenure at UTC. He has also worked for Pratt and Whitney and General Motors along with Goldman Sachs as a financial advisor. Prior to his work, Mr. Chenevert studied in Montreal, Canada, and obtained a Bachelor’s Degree in Production Management. We will now focus on the Ideasmensch.com article that relate to his time at UTC.
After being asked about where the idea for UTC came from Louis stated that the name primarily came from the company’s core product base which includes military engines, parts from commercial aircraft and helicopter technology. He seems to stress the importance in working with small teams and when asked about his product ideas, he mentions that operations and engineering play a key role in the development of these products upon his time at UTC. When asked about the latest trends, Louis replies that “…technology and the speed of change created truly profound opportunities…” for his company. He appears to be an individual that has a “go-getter” attitude and likes to push others in order to drive success. After being asked about what he would do differently in his career path, he answered that political agendas need to be observed and to not waste time on others who do not have the same focus as the company or product.
One of the most successful business leaders from Malaysia, Vijay Eswaran was born in Penang, Malaysia in 1960. Today, Vijay Eswaran is nearly worth $500 million that he has made in the past couple of decades through the success of his company, QI Group of Companies. Vijay Eswaran did graduation with a socio-economic degree from the London School of Economics and then went on to travel Europe extensively and also did a few odd jobs from time to time. Later on, Vijay Eswaran travelled to the United States, where he did Masters in Business Administration from the Southern Illinois University.
Vijay Eswaran believes that it is necessary for the people to adapt to the changes in life if they want to be successful. He also said that as a leader, it is essential to be committed to the employees and the workers and their growth as much as the growth of the organization. It is the leader of the company who imbibes in the organization the core values in the company, and without the set of core values that define the organization, it is impossible for the organization to last long. The core values are the fabric on which the organization functions and it is the job of the leader to ensure that the values of the company resonate with the organization and are upheld.
Vijay Eswaran is of the opinion that people should aim to become servant leaders who not only lead people but also inspire people to serve. A true leader is not someone who just tells people what they need to do. Instead, they show people how things are done. Those who have a clear vision of what needs to be achieved are the ones who are able to become great leaders. One of the biggest investments that leaders can make is by investing their time in their people. They inspire people to become the best version of themselves and to serve others who are unable to do it on their own.
Vijay Eswaran is also a noted author and a motivational speaker. Over the years, Vijay Eswaran has spoken on many important world events and has received many awards as well for his contribution in the field of business and inspiring the next generation. Vijay Eswaran is also a noted philanthropist and runs Vijayaratnam Foundation as well as Rhythm foundation, which are engaged in giving back to the society. Find out more about Vijay Eswaran: http://bookmarketingbuzzblog.blogspot.com/2018/02/author-interview-with-vijay-eswaran.html
Randal Nardone co-founded Fortress Investment Group (one of the world’s largest alternative asset managers) in 1998. His story is an inspiring one, he is someone who came from the bottom and rose to the top. Of course, with the help of some equally talented and intelligent colleagues. This company’s growth was exponential. Ronald Nardone is connected to multiple different board members and eight different organizations across 20 distinct Industries. Fortress Investment Group was sold for 3.3 billion USD, but despite this, Nardone reprised his role as one of the three principles at Fortress Investment Group. He is also the current CEO and has been in this position since 2013, he has other leadership positions; including multiple organizations. Randal Nardone is a pioneer, taking part in one of the best startup success stories in my research experience. The level of commitment that Nardone displays for his company is immeasurable.
Randal Nardone currently holds the 557th spot on the billionaire list. Nardone holds a Bachelor of Arts from the University of Connecticut, as well as having his J.D. at Boston University. He is a bright mind of our time; showing us no signs of quit within him. Before he decided to start this business he realized that the industry was going to bring him a lot of competition. No matter the odds, he decided to continue with his dream. He also had relative experience with finance as well as working with clients in the past, helping him even further. With all of this, he had an abundance of confidence in the end result he wanted to achieve. He helped create Fortress Investment Group to be a well-respected name in his field. Making FIG the first Asset Investing Group with multiple options to choose from instead of being without choices. Since then, the company he helped build from the ground up has developed a very respected reputation among its peers as well as its clients. Randal Nardone contribution to this cause cannot be ignored nor non-established.
Randal Nardone has proven himself to be a very intelligent individual with a lot of skill. He shows no fear in the world of finances and business, making him a worthy adversary in the war of money. Although already having had experience before starting this group, years have shown his incredible achievement of additional experience on top of what he already had. He is a visionary.
OSI Group operates 65 outlets in 17 countries and has 20,000 employees, making it among the world’s largest food provider. Its humble beginnings date back to 1909 when Otto Kolschowsky owned Otto & Sons, butcher shop, and small meat market. However, it is not until 1955 when the business became McDonald’s first hamburger supplier that the company started growing. In 1973, it began operating a factory specializing in meeting the McDonald’s needs. Sheldon Lavin joined the company in the 1970s, helping the brothers reach the global market alongside McDonald’s expansion. Otto & Sons changed to become OSI Group in 1995 and continued expanding to various countries in the 1980s and 1990s. The rapid growth in the early 1980s led to Sheldon Lavin becoming the CEO and Chairman. OSI’s Sheldon Lavin receives Global Visionary Award.
OSI Group entered the Asia-Pacific market through a joint venture in 1987 with K & K Foods, and later GenOsi in 1990. OSI Group ventured the fresh produce sector through acquisitions in China. In Australia, it acquired a company that welcomed it to the beef industry in the country. In 2014, it enlarged its beef distribution in Europe by entering a joint venture with Pickstock in the UK. OSI Group ventured into value-added meat products by going into business with Select Ready Foods in Canada. In Germany, it joined with EDEKA, a well-known supermarket chain. In2016, it acquired Tyson which increased OSI Group’s growth through the additional storage space. It also bought the controlling stake of Baho Food in the Netherlands. Still, in 2016, OSI Group acquired Flagship Europe in the UK and Germany’s Hynek Schlachthof GmbH.
Sheldon Lavin, being a banking executive and an investor, brought his experience and passion for succeeding to OSI Group, when he joined the business as a partner. He initially had a third in stake in the company but later obtained a half interest when one of the brothers sold his stake. Lavin then got 100% stake when the other brother also retired. Sheldon Lavin decided if he had to continue with the business, he had to keep expanding strategically. He is behind the global expansion in the 1970s.
Sheldon Lavin had strategically planned made the acquisitions, joint ventures, and purchases. He as well emphasized his expansion in green innovations. Mr. Lavin does not plan on exiting, and he is committed to reducing environmental impact, being socially responsible and advancing a supply chain that is sustainable.
Sheldon Lavin’s Facebook Page: www.facebook.com/public/Sheldon-Lavin
The Real Real firm has since its establishment offered secondhand Gucci and Louis Vuitton items and has grown tremendously since its establishment. Their clothing have attracted a vast number of individuals and Wainwright, the founder of the firm is proud of the firms major successes. In a recent conference held by the firm, a considerable number of female customers gathered at a round table and flaunted cotton gloves and admirable handbags from Real Real. The colors of the items ranged from attractive ones like beige to gauche lime. Besides, the clients were happy and contented with the small size of the items as well as their high affordability.
Julie Wainwright founded the Real Real firm in 2011 and she has proved to be a successful and skilled entrepreneur, evident from the great successes achieved in her recent investment. Wainwright formerly served as the CEO of video retailer Reel.com and throughout her term in the firm, she helped the company increase its total revenue by a high percentage. The renowned entrepreneur has always been passionate about investing in the second hand cloth line sector and she gained her inspiration from other investors at Silicon Valley Town. Her Real Real firm consists of over fifteen hundred employees and due to the commitment showed by her team, Real Real firm has grown tremendously and established a vast number of offices in New York City, San Francisco, among other major towns in the United States. The great successes of the Real firm have been associated with Wainwright’s major commitment towards achieving the best as well as her friendly customer service attributes.
The firm has strived to exercise authenticity in each of their products, which are all associated with specific prestigious designers. The great quality of the Real Real products have won the hearts of many people and as a result, increased their customers. The CEO of the firm looks forward to establishing more firms of its kind in the broader parts of the globe, with an aim of promoting quick sales and availability of highly affordable items to every individual in the world.
In the aftermath of Hurricane Harvey, Tony Petrello and his team from Nabors Industries were on the forefront in helping victims of the calamity. Tony Petrello is the chief executive officer and the chairman of the board of directors of Nabors Industries, and throughout his tenure, he has fostered the virtue of giving back to the community. The employees of Nabor Industries are active participants of projects in the community and raising of funds, and when Hurricane Harvey struck, they swung in action to help out wherever they could.
CEO Tony Petrello appreciated the efforts of the workers from Nabor Industries by giving time off pay to those that took part in providing relief for the victims of the storm. Also, the employees from Nabors industry raised $173 million in a program called Nabors Disaster Relief Fund. Furthermore, families were provided with hot meals from an onsite kitchen courtesy of Nabor Industries. Nabor Industries has also expanded their philanthropic efforts to a national scale, and the organization has also made donations to other organizations such as the Susan G. Komen Foundation. Also, Nabor Industries has facilitated scholarships for children of employees and the employees.
Tony Petrello met Cynthia, his wife while they were studying at Yale University. Both Tony and Cynthia are focused on making the world a better place, and they are doing it in a big way. Tony and Cynthia Petrello contributed $7 million to the children’s hospital in Texas. The funds were aimed at improving studies regarding neurological disorders that affect children. Anthony Petrello was appointed by the hospital to become one of the board members and also the champion for more fundraisers in future. Anthony Petrello trained under Professor Serge Lang when he studied at Yale University, and this opportunity intensified his passion for education. The endowment fund that was established in honor of Serge Lang gives prizes annually and has gone a long way to promote the enthusiasm in the field of Mathematics and science. The generous contributions from Antony Petrello in the endowment fund at Yale have inspired many another alumnus to make their contributions. Anthony and Cynthia Petrello has become an inspiration to many in the Texas community and the country at large. Tony has set an example for other businesses in Houston by proving that Nabor is not only after the profits but also cares for the welfare of the community.
Most of the time when a stock or commodity finds its value going up in the market, it’s a good thing which is why you want to catch that wave before it gets big. But there also is a bubble effect that happens if that stock or commodity gets too popular and bought by everyone, and that’s what former hedge fund manager and investor Paul Mampilly warns about. The bubble he’s looking at is cryptocurrency like Bitcoin and ethereum because these investments took off in 2017, but they reached unsustainable levels that will be driving their values down very far. Visit the website paulmampillyguru.com to learn more.
Mampilly certainly applauds the development of Bitcoin because it allows for digitizing money without going through government agencies and central banks. He even sees a good future for cryptocurrency and has several stocks in companies who do use blockchain technology and other big data and internet of things assets. But for now he tells his newsletter readers not to buy Bitcoin because it has a long drop to the bottom before it might finally go back up.
Paul Mampilly shares his knowledge with investors through newsletters because he can give his honest opinion without having to answer to an executive board or PR department. He used to be a professional advisor and portfolio manager for several big banks after getting his bachelor’s degree in finance. He was an executive director for Kinetics International Fund, one of the top-performing hedge funds featured in Barron’s magazine where he attracted in new clients growing its AUM to $25 billion. He also won a competition for growing $50 million to $88 million, and he also made a major stock grab at Sarepta Therapeutics which gained over 1,200℅.
Missed Paul's podcast yesterday? No worries! We've got you covered! If you haven't already, listen to Paul's podcast on Entrepreneur Podcast Network!https://t.co/ujid7J09q4#EPN #EntrepreneurPodcastNetwork #WallSTStory #Economy #Trading #Investing #Stocks #StockMarket pic.twitter.com/kp6Gx7DyR7
— Paul Mampilly (@MampillyGuru) May 11, 2018
Paul Mampilly decided he no longer wanted to just serve millionaires and billionaires with his investment advice, and he wanted to leave the routine of spending long hours in the office every day. Banyan Hill was a place where much of the rest of the editing team also left Wall Street and agreed with Mampilly on making stock trading easy for layman readers easy to understand. He began writing “Profits Unlimited,” his first newsletter in 2016 and then published “Extreme Fortunes” and “True Momentum” after that picked up subscribers. Subscribers enjoy an over-the-shoulder look at his investments, and even those who’ve been skeptical about Mampilly’s advice will often later write reviews reporting on terrific gains their portfolios have made. Learn more about Paul Mampilly at Crunbchbase.
Sheldon Lavin presently serves as the Chairman and the Chief Executive Officer of OSI Group. Lavin has been in the meat distribution industry for the last 44 years. In the early 1970s, Sheldon worked closely with the OSI Industries when the organization was looking for financial assistance to build a meat processing factory to help them increase the meat products they supplied to the McDonald’s. Since that time, Mr. Sheldon has managed to develop OSI into a global food distributor which is currently operating in 17 countries with more than 20,000 employees and 80 facilities.
Sheldon Lavin began his career at OSI Industries as a financial consultant. He later became a partner of the enterprise in 1975 and extended their services to South America, Europe, and Asia. In the 1980s, Mr. Sheldon Lavin bought a controlling interest in OSI Group, and he took over the company. Lavin has also developed the exceptional culture of OSI where the company treats its staff as an international family. Due to this unique culture, the firm has very minimal employee turnover since most of the staff members work for the firm for years. Previously, Sheldon worked in the banking and financial services industry.
Sheldon Lavin is popularly known as an active contributor to various charities which prove his philanthropy efforts. In this case, some of the most renowned charities are United Negra College Fund, the National Multiple Sclerosis Society, the Inner City Foundation of Chicago, Boys and Girls Clubs of Chicago, the Ronald McDonald House Charities, and the Jewish United Fund, among others.
Since Mr. Sheldon took over OSI Group as the Chief Executive Officer, the firm has received many different awards both locally and globally. Some of these prizes are for health and environmental management as well as safety risks like the Globe of Honor award given to the OSI Industries United Kingdom on 20th February 2016 by the British Safety Council.
This award recognized the efforts of Lavin in positioning the company onto the global platform as well as creating jobs internationally. So, the Global Visionary Award gets conferred to visionaries in all sectors who transform their dreams to reality through perseverance to accomplish their objectives. Mr. Sheldon has received other awards as well for participating in other various services including Director and President of Sheba Foundation, Board member of Rush University Medical Center, Board member of the Goodman Theatre and Trustee for Ronald McDonald House Charities.
Sheldon Lavin’s Social Media: www.facebook.com/public/Sheldon-Lavin
Barbara Stokes is a well appreciated leader, serving within Green Structures Home of Alabama, LLC. She leads an incredible team towards a common goal of supporting victims of natural disasters of our world and providing these individuals with a new life, with a dash of hope in the process. Through commercial and residential modular homes built throughout the United States, victims are renewed. Green Structures Homes of Alabama proudly supports FEMA on many of its efforts. Read more about Barbara Stokes at crunchbase.com.
Barbara Stokes has been a valued leader in two important companies in her career: Pisces Corporation and the Boeing Company. Throughout her tenors at these companies she has held managerial roles that has allowed her to take these companies to new levels it hadn’t seen before. She has been a true executor of efforts that has allowed these companies to stand out extensively among its competitors.
Since 2008, Ms. Stokes has been a force with Green Structures Home of Alabama, LLC as its CEO. She is the co-founder as well, putting together a business that successfully designs, engineers and manufacturers some of the most incredulous modern day modular homes on the market today. Her business has been a life savior for many and has helped businesses expand their operations in a professional, yet classy manner.
Barbara Stokes graduated from Mercer University in 2000 with a bachelor’s degree in Biomedical/Medical Engineering. Throughout her time at the university, she would also study thermodynamics, technical communication, manufacturing and management, among other pursuits as well. Barbara has always been a brightly shining highlight in her classes, a student with great intentions and a bright future who has influenced her peers to do the same.
Beside Barbara Stokes efforts on the education and professional end, she is also an avid supporter of her Huntsville, Alabama community. She donates money consistently to charities within and she donates her time to volunteering as well. Ms. Stokes has always been a great hearted professional who cares for her community.
Barbara Stokes has much to offer as a professional and a donor within her Huntsville, Alabama community. For more information on Ms. Stokes, visit her GSH of Alabama website for further details. Visit her Linkedin profile to know more.