A Look At Some Of The Successes At Fortress Investment Group Over The Past Two Decades

Fortress Investment Group is an alternative asset management firm that was established twenty years ago. It has over 1,570 clients and has more than $43 billion in assets under management. It is based in New York City and has offices throughout the world, employing more than 900 people. There are three principals of this firm who are Randal Nardone and Wes Edens, based in New York, and Bay Area-based Peter Briger.They invest in several types of assets. Their asset-based investments are made of capital, real estate, and other financial vehicles which bring in steady long-term cash flow. They have managed mergers and acquisitions since Fortress Investment Group was first created. They also have a portfolio of companies they own and manage around the world.

When Fortress Investment Group was founded they had $400 million in assets to manage. Within five years they were managing about $3.9 billion in assets. Once they were in business for a decade they were managing $32.6 billion in assets. They launched their first mutual fund in 1999. This was Fortress Investment Fund I. Since that time they have expanded into hedge fund and debt securities among other alternative assets. Fortress Investment Group also now offer Fortress Investment Fund I, II, III, and IV. They also offer a number of other mutual funds like the Fortress Brookdale Investment Fund.

In recent years they have also expanded into offering privately managed train service in the United States with this aspect of the business managed by Wes Edens. This business is called Brightline and their first trains are running on the Smart Service in southern Florida. Interstate 95 in that region averages speeds of just 34 mph. The Brightline trains run at 80 mph and so ofter much faster travel times between Miami and Fort Lauderdale.Wes Edens says that Brightline is looking to expand into other parts of the nation where freeways are very congested. He has looked into getting Brightline into Texas between Houston and Dallas. He is also exploring getting a train running between St. Louis and Chicago among other areas.

Source of the article : https://en.wikipedia.org/wiki/Fortress_Investment_Group

Randal Nardone; The Brains behind Fortress Investment Group

Randal Alan Nardone is a well-known lawyer who switched to finance. He is the co-founder of Fortress Investment Group LLC and has been the company’s Principal since 1998 and its chief executive Officer from August 2013. He started his career at Theacher Proffit & Wood, he later shifted to BlackRock Financial, then eventually to the Union Bank of Switzerland. It is during his time at the prolific Swiss Bank that he felt he was not having enough. In 1988, he decided to establish Fortress Investment Group, which has significantly grown since then.

The company provides private equity services and credit funds for various firms. The company’s growth and success has made Randal Nardone to be listed on the Forbes Billionaire list. He was ranked number 557 with a net worth of $1.8 Billion. This wealth is mostly tied to the success of Fortress Investment Group. Moreover, Randal Nardone has earned more than $100,000,000 in cash compensation. According to a report published on June, 30th 2016, Randal’s company managed over $70 Billion in alternative assets. These assets comprise of liquid hedge funds, private equity, and credit funds.

 

In 2014, his company received a ‘Hedge Fund Manager of the Year‘ award by Institutional Investor. It also received a ‘Management Firm of the Year’ award by HFMWeek. Also, the company was recognized by the Institutional investor as The Discretionary Macro-Focused Hedge Fund of the Year in 2012 as well as the ‘Credit-Focused Fund of the Year’ in 2010 and 2011. All these achievements have come together with Fortress’ recent development, the procurement of SoftBank Group, which was initially announced on February 14th, 2017. SoftBank Group would purchase the company at $3.3 Billion. This acquisition will not be a setback for the company as Randal Nardone, and his colleagues will still be part of the new management.

For a 51-year-old, Randal Nardone has acquired a considerable fortune. His strong will and brilliant connection networking skills have made him reach out to investors as well as a continued commitment to his company’s success. While Fortress Investment Group may have new management at the moment, his influence as the CEO will stir the company even higher. Meet Fortress Investment Group’s Ex-Billionaire Interim CEO

David McDonald Vows To Make His OSI Group The World’s Premier Food Products Company

Those who saw David McDonald grow in Iowa, cannot believe what the young boy whom they used to see in their neighborhood came to be. Today, McDonald, the proud founder of OSI Group is a man with a chain of Chinese facilities that produce, package, and distribute animal food products to a large client base in Europe and other parts of the world.

As a young man, David McDonald loved the idea that animals can be tamed for food. With this blazing passion, David joined college. His aim was to study about animals. That is what he did. David McDonald graduated with a Degree in Animal Science. With his degree at hand, he landed his first job at the North America Meat Commission. He started as a junior staff but later became the Chairman of the commission. It is while he was here he started his animal product company OSI Group. During its tender years, David did not even have any idea that one day, OSI Group would grow to become one of the premier animal products company as it is today.

For the more than 30 years David has been with his OSI Group, the company has made many strides. Recently, through a press statement, the company reported that it has expanded its Toledo, Spain facility. While commenting on the expansion, David McDonald said that the company decided to expand the facility in order to increase its production capacity. “In recent days, there has been an increasing demand of our poultry, beef, and pork products. We receive more orders and we do not want to frustrate our clients,” the president said. Spain and Spain increased its consumption of food products making it necessary for OSI Group to increase its production from 12, 000 tons to 24, 000 tons.

Expanding Toledo facility is just one of the latest steps OSI Group is doing under the oversight of David McDonald. The other great achievement is when OSI Group bought Baho Foods, a Dutch deli meat processing plant. This latest acquisition places OSI Group in the forefront as the fastest growing animal products company in Europe that carters for clients around the world.

For details: inspirery.com/david-mcdonald/

Francisco Domenech: A man of the people

When most people think of serving as public servants, they think of joining and working for the government, not Francisco Domenech. For him, it is about working together with the government, and through this, he has been able to help lots of people through a lobbying firm of his own; Politank, which uses government forums to articulate private interest.

Francisco Domenech was born in San Jose, which is the largest city in Puerto Rico on the 29th of April 1978, and even though he spent part of his childhood in the U.S, he graduated two times from the University of Puerto Rico, first in 1999 with a Bachelor’s of Arts degree and then later in 2003 with a Juris Doctor degree from the university’s Law School.

The latter degree would go on to help him attain the position of Director in the Office of Legislative Services of Puerto Rico which he held for a couple of years from 2005 to 2008, where he had a staff of 130 employees, and an annual budget of $11 Million. During his time as director, he helped a lot in public service including his participation in the consideration of legislation pieces which were over 800. Francisco Domenech also helped the Legislative Library massively, making it user-friendly even to those visually impaired and physically handicapped. Learn more about Francisco at visualcv.com

In line with working with governments, Francisco Domenech has also taken an active role in politics, working with the Democratic National Committee, as a representative of the Young Democrats of America, which he did for five years from 2007 to 2012. Also through his firm Politank, Francisco Domenech has been active in Philanthropy, supporting endeavors such as the Clinton Foundation, Museum of Art of Puerto Rico, and the Hispanic Heritage Foundation among many more.

In 2016, Francisco Domenech was one of the most voted awardees in an annual event in Puerto Rico, named 40 under 40 that seeks to appreciate young professionals and entrepreneurs who set an example to the society in what they do. The event is considered one of the most prestigious awards in the country and Domenech having been voted shows that many are happy with his service to the people of Puerto Rico.

Visit: https://www.slideshare.net/francisco_domenech

 

Getting Started With Waiakea Water

Sometimes, an individual is going to discover something that he likes so much that he has to share it with others. For instance, someone might discover something that is very healthy for him to the point that he has to make sure others will reap the benefits. This is what happened with the brand of Waiakea. One individual who has spent some time in Hawaii has noticed that the water they have is a lot cleaner and healthier than the water throughout the world. This has inspired him to bring this type of water to other parts of the world. This has started the Waiakea water brand.

One of the best things about Waiakea water is that it is highly sustainable. For one thing, it is constantly raining at the aquifer where the water is bottled. Therefore, people do not have to worry about the water running out. They will always have a great supply of water for people to enjoy. Water not only supplies the fluids people need to replenish themselves but also the electrolytes that are needed for energy. Therefore, people can drink as much as they want without worrying about any other issue that can occur.

Waiakea water is especially good for people who want to make sure that the water they are drinking is very high in quality. For people that are not interested in buying any cheap water that is on the market, Waiakea has the perfect water for them. They can balance out the pH level of their body. At the same time, they do not have to worry about any contaminants that could ruin the benefits of water. One thing that is very important is health, and a lot of people are struggling with getting their health and vitality to the level that is helpful.

https://www.glassdoor.com/Overview/Working-at-Wai%C4%81kea-EI_IE1984808.11,18.htm