Fortress Investment Group is one of the frontrunners of the investment industry worldwide. It was started by its three founders; Randal Nardone, Wes Edens, and Rob Kauffman. The first two are still principals of the company while the latter, Mr. Kauffman retired early in 2012. The main objective of the three founders when starting Fortress was to create a new type of investment management organization that would raise private equity fund and then invest the fund in cutting-edge capital vehicles. Having started as a private equity firm, Fortress Investment Group quickly grew and within a short period it had diversified its asset management strategies to manage such other investments as real estate, hedge funds, credit funds, permanent capital vehicles and other traditional asset strategies.The supernormal growth of Fortress Group never came as a coincidence. It has been founded on some core competencies that the firm possesses and hence offering the company a competitive advantage. One of the competencies is its asset-based investment strategy.
Although the firm’s main stronghold is on private equity and credit funds, it has also made a vast asset diversification to include capital, real estate and other financial instruments that can generate long-term cash flows. The company also has professionals who possess the necessary know-how and expertise to handle pricing, financing, management, and ownership of both financial and physical assets. Another core competence unique to Fortress Investment Group is its effective operations management. The firm has developed robust mechanisms to generate value from the highly complex investments that it makes on behalf of its clients. When managing its portfolios, Fortress is excellent in evaluating strategic, structural, and operational facts on the ground to ensure that it has all the necessary information to produce impressive returns on investments.Mergers and Acquisitions is yet another competitive advantage about which Fortress Investment Group boasts. The company has developed an extensive in M&A management. The employees and the management have established strong professional relationships and clearly understand a wide variety of management professionals, corporate board members, and other stakeholders of different corporations.
Fortress has exceeded the expectations of the investment industry as well as those of their clients. The kind of growth that they have demonstrated concerning their managed assets is unprecedented. With $43.6 billion in assets under management, the company has expanded by opening an additional U.S. –based headquarter in San Francisco and two others in Shanghai and Singapore. It has also increased its employees to slightly above 1,000.
Source of the article : https://craft.co/fortress-investment-group
Foresite capital is a private entity that specializes in supporting leaders in the health sector who intend to bring change into the industry. The idea of Foresite Capital came to Jim Tananbaum when he realized that tremendous changes needed to be incorporated into the sector so to ensure that more people in the society can be able to benefit out of the advantages of good health.
Additionally, technology was already taking over most of the processes in different industries, and therefore, incorporating into the health sector would in effect help to solve most of the problems that are faced by the community as a whole. At the moment, Foresite capital supports the undertaking of Mind Strong Health which is an enterprise in the health sector that incorporates the use of mobile phones to collect data related to the various psychological disorders that affect patients.
According to patientdaily.com, the main idea behind Mind Strong’s Health invention is that people tap differently onto their mobile phone screens and by collecting data on how the tapping occurs using a mobile application, then it can be possible to cure some of the psychiatric conditions.
Jim Tananbaum has said that Foresite Capital principal objective is to nature pioneers of great ideas in the health sector, which in the end can help to bring solutions to the society in a positive manner. In turn, the area of health will quickly develop regarding information dissipation, capital development, and the creation of networks that will facilitate the exchange of information. The type 2 diabetes implants are another invention into which Foresite capital has invested. The design helps to control the blood sugar levels in the patient while at the same time motivating weight loss.
Jim holds a degree in Computer Science and Electrical Engineering which were his majors while studying at Yale University. Additionally, he attended Harvard University where he obtained his MD and MBA. He also attended MIT where he received a Masters in Engineering. From his education background, one can deduce that Jim admired to combine diverse disciplines which in the end helped him to establish Foresite Capital which made him the best investment strategist of all time.
Equities First Holdings moved their Melbourne office to occupy a space at the heart of the city. The relocation was aimed at making clients have an easy time accessing products, services, and customer care. The managing director of the Australian branch of Equities stated that the firm has a stronghold on the continent and plans to solidify its ties with local clients. She added that the new space adds more room for more staff to serve the increased number of customers. The new address is on Collins Street in Victoria, Melbourne. Equities First Holdings has regional offices in Sydney and Perth which continue to expand the business in the area.
Equities offers clients stock-based loans to facilitate their execution of businesses, the manifestation of a personal dream, investment or any other need. The product has gained increased fame over the years due do the lack of limitations imposed on the lender upon maturation of the funds. The client is allowed to utilize the money for any endeavor without any restriction. Equities loans are a preference for most people because they did not require a credit to materialize. A client only ought to have collateral stock in another firm that Equities can use during the loan’s procession. After the customer pays back the loan in full, Equities ensures that it returns the stock to the individual, eliminating the fear implanted by companies that dispose the assets on the open market. Another upside of acquiring loans from the institution is the freedom associated with the loans. In case the stocks drop in value during the transaction, the borrower can walk away from the deal without any future obligations to Equities.
Equities started operating in 2002 and has processed more than 700 loans successfully. It maintains a high loan to value ratio and minimum fixed interest rates. It has offices in the United Kingdom, Singapore, Thailand, Switzerland, Indiana, Indianapolis and the United States.
At a world economic forum in Colombo, Sri Lanka, George Soros spoke about his concerns that equity markets are returning to the same conditions that caused the deep recession of 2008. He notes that overall, equity markets have lost a total of $2.5 trillion and warns that this means the world economy is about to fail catastrophically. Soros has always been outspoken and a very busy activist in political matters of U.S. foreign policy. The market on politico.com events of the past year do seem to validate his concern.
“The Fear Gauge,” as the Chicago Board Options Exchange Volatility Index (VIX) is colloquially known, has popped up to a level 13 percent higher than at the same time last year. Other stock market indicators have also shown a fairly negative picture. Soros claims that the current market volatility is directly attributable to the loss of power in China’s currency. China is in crisis and their problem is becoming a world wide crisis, according to Soros. He says China’ instability is destabilizing all the equity markets. Therefore, he sees no way to return investing to consistently positive ROI. Part of the problem has been China’s phenomenal growth, causing the nation to become more consuming than exporting. This has caused a situation that George Soros sees being quite similar to the one in 2008, when Europe had a crisis after Greece became bankrupt. The result was a serious recession that took years for the EU to bail out of. It also affected all markets, world wide.
George Soros came from Cold War communist occupied Hungary. He was born there in 1930, only to be forced to endure the Nazi occupation of his native country during World War II. He was able to escape to the West in 1947. He migrated to the United States after spending time in England, where he graduated from the London School of Economics. George Soros has built a major fortune of over a quarter of a trillion dollars. All the while he has been quite active in many pursuits, all centered on freedom of the individual and promotion of civil rights in Eastern Block countries.
The Open Society Foundation (OSF) on Bloomberg was founded by Soros as an effort to increase political and economic education, promote freedom of democracy, and help with health issues. Even in advanced age, Soros continues to work for democratic freedom in those countries that still oppress their people. Here is the page for the Open Society Foundation.
Ken C. Griffin was born on October 15, 1968 in Daytona Beach, Florida. Kenneth started investing when he was a freshman in college. He attended Harvard University and during his second year there, he began a hedge fund focusing on convertible bone arbitrage. He capitalized with approximately $265,000 dollars that was collected from his friends family and his grandmother. Griffins success early on in life enabled him to start a second fund and between the two, he was managing over $1 million. Later on, Ken Griffin became the found and CEO of Citadel. Citadel is a global investment firm that is estimated to be worth approximately $25 billion. Citadel is considered to be one of the largest investment firms in the world. The company’s group of hedge funds are said to be among the highest and most successful hedge funds in the world. Griffin is said to have an estimated net worth of $6.6 billion as of May 2015. Griffin donated some of his money to the financial aid fund at Harvard University in the beginning of 2014. The sum of his donations are said to be around $500 million. It only took 8 years for Kenneth to grow Citadel into a group of more than 100 employees and an estimated net worth of $1 million in capital investments. The company was founded in 1990 by Kenneth Griffin with approximately $4.6 million. He has been in the investment industry on turtle trader for over twenty years and has been featured in Forbes 400 and was listed as one of the youngest entrepreneur’s on the list. Citadel was ranked in the Top 10 Greatest Workplaces by the Great Places to Work Institute. It’s Kenneth’s goals to create a safe, effective and happy work environment for his employees. He has been known to provide a comfortable and pleasing work environment to his employees where he likes to include free lunches, different tours, different types of fitness programs and gifts. Ken started on Market Watch at very young in the investment world and has grown his business into a very reputable, trustworthy business. He has worked very hard to get where he is and has applied many valuable resources and extensive knowledge into each piece of his work.