Fortress has opened branches in Europe and Asia. It was recently acquired by the Japanese giant SoftBank for a sum of $ 3.3 billion. The deal has been finalized, with SBG owning all of the shares of Fortress. The officials of the two companies confirm the deal indicating that all conditions that were to be fulfilled before the acquisition have been met. Fortress shareholders have approved the transaction too. All the required regulatory approvals have also been received. In the new arrangement, SoftBank allowed Fortress to continue with its operations uninterrupted. The company has its assets in a broad range of investment options that SoftBank thinks is added value in its investment portfolio. It also deals in real estate and credit.
Details of the Acquisition
In the transaction, it was agreed that each Fortress Class A share would be converted to the right to receive $8.08 per share. The proceeds of the merger will be awarded according to the procedures of payment that have been outlined in the Definitive Proxy of June 7th, 2017. Consequently, Fortress common shares will be pulled out from the New York Stock Exchange. The financial results of Fortress will be incorporated with the results of the acquiring company. Fortress will operate under SoftBank independently. It will remain with its headquarters in New York. According to the report of the acquisition, Pete Briger, Wes Edens, and Randy Nardone will continue to head Fortress in their present capacity.
According to the SBG officials, the technology bank is committed to keeping its position as the leader in its class. It also says it is committed to maintaining the business model, personnel, processes, culture and staff that have made Fortress such a successful asset management and investment entity. SoftBank is a major player in the world of technology. It is focused on technology revolution in business. The Group consists of the SoftBank Corporation and its global list of companies which incorporate internet services, Artificial Intelligence, Smart Robotics, clean energy technologies, telecommunications and other similar areas related to technology.
Fortress Investment Group
Fortress Investment Group is an alternative asset management group that was started way back in 1998 as a private equity firm. It picked up because of its savvy choices in investment until it developed into a world entity. Fortress Investment Group has over $43.6 billion of assets under management. It is trusted by over 1750, both public and private clients. Fortress management reports that it had over 953 employees by the end of December 2017. The report further indicates that there are 216 professional investment experts working in its various outlets across the globe. Fortress Investment Group specializes in asset investment, diverse assets including investing in foreclosure properties and assets being disposed of because institutions have declared them unprofitable. It has excelled in alternative asset investment and risk management to the extent that many companies have come to trust it with their assets. Fortress also offers financial services that include financial consulting and fine-tuning company balance sheets. The company also offers advice on documentation, and how to arrive at favorable pricing.
The Southridge Capital CEO and Chairman, Mr. Stephen Hicks, informed the public that Southridge Partners II LP, which is an institutional investor, had been included into the equity purchase agreement with Texas based company from Dallas known as Elite Data Services Inc. The company is one that is involved with technology which uses their software applications for the purposes of advertising and marketing assets which are under the company. They use some top-notch proprietary technology which is mainly aimed at improving advertising and marketing solutions which in turn aid in bringing in more income. They deal with industries such as the gaming, hospitality and automotive industries. According to scribd.com, the company boasts of a huge array of technology within its portfolio which is backed by its resources that aid in content production as well as their great skill in developing software. Elite Data Services is more than capable of providing fresh and innovative means of advertising and marketing forms which have taken over from the previous client base contracts. By doing this, they have raised income as well as securing the value of the assets.
On ideamensch.com, Hick lets us know that he and his firm are passionate about investing in the likes of Elite Data Services that avail fresh and exciting offerings in their respective industries. The company, Southridge Capital, is dedicated at helping clients to be able to reach their desired vision.
Southridge is a financial holding company that is diversified and deals mainly with advisory services as well as in direct investment in companies that are regarded middle and small market companies. The company’s structured finance team, beginning in 1996, has so far invested an excess of 1.8 billion dollars into growing companies from all over the world. Southridge Capital helps the companies to increase the worth of their credit by working alongside the debtors to get rid of the debts for the common good of the stock. The benefits to their clients lies in the company’s structure that is implemented depending on the available amount of liquidity that the stock has without the need of a statement of registration. To learn more, visit southridgeholdingsllc.com.
Paul Mampilly has been a hedge fund manager who won numerous awards, such as the Templeton Foundation investment contest.For years television viewers were able to see Paul Mampilly on various television programs broadcasts on CNBC, Bloomberg TV, and other networks. He is the creator of Profits Unlimited. His role in the company is to provide guidance or advice about stocks to those who are interested in learning. In short, he guides people on when to invest or buy and when to sell the stocks to earn profits.Paul moved from India to the United States when he was young. He had twenty-five years of experience as a businessman. He commenced his financial and business career in 1991 at the Deutsche Bank. With his knowledge of stocks, he managed accounts worth millions of dollars, including the start-ups or the ones that are just about to get started.
In a similar role, he handled accounts for Scotland’s Royal Bank.Paul Mampilly was employed at Kinetics International Fund, a six billion figure hedgefund company in 2006. As soon as Paul assumed his duties as a hedge fund manager with Kinetics, the company prospered and expanded its assets to twenty-five billion U.S. dollars. And for being able to average around 26% annual profits during his time as the hedgefund leader, Barron named Kinetics International Fund as among the “World’s Best” hedge fund company.As time went on, Paul invested in a company that was involved in manufacturing a drug for muscular dystrophy treatment in 2012. In a little over a year, he sold his Sarepta Therapeutics share for a profit of more than 2,000 percent.
Next, he invested in Netflix in 2008, where he sold his shares with a sound profit too.The way he conducts his investment in the buy and sell of stocks to be able to earn an adequate profit are the kind of moves Paul would like to share and impart to his listeners. He often gives his subscribers some information about the companies where they should buy stock shares from, and then gives them a report when is an excellent time to purchase stocks and sell them to be able to make a profit instead of a loss.Having gotten tired of the work pace at Wall Street, Paul Mampilly retired at the age of 42, so he can spend quality time with his family. As of this time, he continues to provide practical tips and recommendation on stock investment to help every American in their pursuit of having better financial gains.
In the industry of investment, the largest newsletter is Profits Unlimited. The creator of this bulletin is Mr. Paul Mampilly. It has been a favorite of the investing community since 2016. It only one year, Profits Unlimited has crossed half a million readers. That has put the newsletter among the fastest growing ones in the industry of investment. In 2016, Mr. Paul Mampilly and Banyan Hill Publishing stepped into a partnership. That allowed profits Unlimited to go live for the community of investors.
Most recently, the newsletter of Profits Unlimited reached a new milestone for its audience. It March this year the newsletter crossed 60 000 subscribers. The purpose of this bulletin is to alert investors of new opportunities as well as to follow up on previous ones. There are eight pages in each edition of Profits Unlimited. The creator Mr. Paul Mampilly sends it out personally on the same date of every month. The newsletters have consistently been featuring a recommendation for a new stock. Over the next few weeks, Mr. Paul Mampilly also sends out follow ups to update his readers on how the recommendation has been performing so far and what is the deal with the stock.
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The creator of Profits Unlimited Mr. Paul Mampilly has been known in the community of investors before he created Profits Unlimited. Mr. Paul Mampilly used to be a part of Wall Street where he did business. He worked as a hedge fund manager, and he spends almost two decades at the job. He amassed a wealth of experience as a result. His eye for opportunity and analytical thinking helped him get the idea for Profits Unlimited as well as to establish himself as one of the experts in his line of work. Some of his previous professional experience has been sourced from his positions at ING, Kinetics International, Deutsche Bank and more.
In 2009, Mr. Paul Mampilly received an award for his accomplishments from the Templeton Foundation because he managed to turn an investment of fifty million into a profit of almost ninety million. That is a gain amounting to 76%. He managed to do that although the crisis in the financial sector was at its worst.
When Anthony Petrello was growing up in his working class neighborhood in Newark, New Jersey, everyone expected he would make something of himself. He had a talent for math and was a very hard worker. They thought he would become a mathematician or even a college professor. No one anticipated he would work in the oil and gas industry and become America’s highest paid CEO. But that’s exactly what he did. Nabors Industries Incorporated hired Anthony Petrello as their chief operating officer in 1991 and 20 years later he was promoted first to CEO then to chairman of the board.
After his senior year in high school, Tony Petrello had a scholarship to study math at Yale University. His family, friends and the entire community were all proud of him. At Yale he had the opportunity to study under world-renowned mathematician Serge Lang. Under the tutelage of Serge Lang, Petrello earned a bachelor’s and a master’s degree in mathematics. No one was surprised at the math whiz’s success. However, it’s his next move that puzzled many people that knew him. Instead of beginning a mathematics career, Petrello enrolled in Harvard Law School and earned his law degree and what Anthony knows.
In 1985, soon after passing the New York bar exam, Tony Petrello accepted a position with Brown & McKenzie, a prestigious, internationally-known law firm. Within a short time, he worked his way up to manager of their Manhattan office. Nabors Industries, the gas and oil giant and one of Brown & McKenzie’s biggest clients, were impressed with Petrello’s intelligence, talent and work ethic. In 1991 they offered him a job as COO and he accepted it. When he got to Nabors Industries, Petrello continued to learn fast and work hard. He steadily rose up the ranks to become CEO in 2011 and Anthony on Facebook.
Many people were surprised when in 2015 Anthony Petrello became the highest paid CEO in America with a salary of over $68 million. Even while he was making a name for himself at Nabors Industries, Petrello was also serving as director of MediaOnDemand.com, Stewart & Stevenson, LLC and Texas Children’s Hospital, Inc.
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When it comes to art, there are many different types of artists. Some artists tend to stick with one area of art. However, there are others that take the time to expand to different arts so that they can grow. There is no wrong way and no artist is better than the other for how many different forms of art they take on. One person that has expanded into different areas of art from singing and songwriting is Doug Levitt. He has went from singing and songwriting to working on his novel which tells the story of struggling Americans and read full article.
Even though he has written his novel called The Greyhound Diaries, this didn’t stop him from writing and singing. As a matter of fact, he has taken some of the stories that he has written and converted them into songs. This is very creative in that people who may not be able to buy or read The Greyhound Diaries might be able to hear some of the stories that have been told in his book. These stories that are sung in his music are quite inspiring. They provide an unflinching look at the struggles of Americans. There is a surprising amount of abuse that they are put through because of their economic status and learn more about Doug.
The one thing that inspired this project is the compassion Doug Levitt has for people. He not only wanted to put together something that is very unique and memorable, he also wanted to shine a light on an issue that has been ongoing in America and the world. The people who are struggling or at a disadvantage are often left and forgotten. They are treated as if they are not human or if they have decided that they wanted to be struggling and destitute. Fortunately, Doug has stories that could show that the struggling are every bit as diverse as others and contact him.
Dr. Scott Rocklage is currently a Managing Partner at 5am Ventures which he joined in 2003 as a Venture Partner and rose to its leadership as President the next year. With his 30 plus years’ experience in the healthcare industry, Dr. Scott Rocklage has been able to steer 5am Ventures into success as seen by the FDAs approval of certain drugs administration namely omniscan, cubicin, and teclascan. He has been the CEO and President of several pharmaceutical companies throughout his three-decade long career. Dr. Scotthas also served as chair on several boards including his current positions in Relypsa, Novira, Rennovia, and Cidara among others. The following summary of an interview reveals Dr. Rocklage’s secrets to success and his outlook of entrepreneurship as a whole and read full article.
Unlike most people, Dr. Scott has no typical day or schedule to follow. His days range from working with scientists and on some days he has to prepare for board meetings. Other times, Scott is with the management team of the company working on its portfolio. He cannot say that he does certain things on Mondays or Fridays and what Scott knows.
On the company’s idea, his interactions with entrepreneurs and professionals mainly business executives, scientists, and physicians help him shape the ideas of coming up with acceptable medicines that cover unmet medical needs. One of the trends that is exciting to the doctor is the specific genotypes and mutations that provide a chance to be able to make particular cancer treatment possible. Because of this growing field, lives have been saved, and further improvement is something that the company looks forward to doing and Scott’s lacrosse camp.
It is due to proper time management. Excellent organization skills and prioritizing as well as calendaring that the doctor is able to succeed every day of his life. He also believes that successful companies are those that focus more on people. For instance, he thinks that any business that chooses the right team to work with is on its way to being successful. His secret weapon as an entrepreneur has always been to take calculated risk. His business strategy is to stay true to his business and avoid straying too much from the company’s strengths particularly on the instances that a task appears to be too easy.
For over 20 years, Paul Mampilly has worked on Wall Street for great clients including Kinetics International, Deutsche Bank, and ING. Back in 2009, he won an investment competition organized by the Templeton Foundation. He turned an investment of $50 million into $88 million; a 76% gain without shorting stocks at a time when financial crisis were stiffest. Some time back, he managed a $6 billion hedge fund.
Last year, Paul signed up with Banyan Hill Publishing; an independent research firm and publishing house that focuses on publishing investment newsletters and research advisories. Over the last two years, its subscriber base has grown to more than 200,000 paying members. The headquarters of the company are in Delray Beach, FL. He signed up with Banyan Hill Publishing to begin Profits Unlimited with the aim of helping Main Street Americans achieve profitable investment opportunities. He writes an eight-page newsletter that he mails to his subscribers every month recommending new stocks. Every week, he updates his subscribers on stocks in the portfolio model. More importantly, he monitors the performance of investments on his website.
Instead of investing capital on behalf of his subscribers, they purchase the stocks in their individual brokerage accounts. Paul offers innovative alternatives for his clients and financial advisors. One of his subscribers by the name Alan L says that he has purchased every stock suggested by Paul Mampilly and his investments have always been profitable. Other subscribers praise him saying that they have never come across an outstanding financial advisor like him. Currently, Mampilly’s open portfolio includes stocks of up to 18%, 21%, 31%, and 38%. From the available 13 open positions, 11 are profitable.
Paul Mampilly has had about twenty-five years of investment experience where he has maintained almost every finance job. He has covered healthcare and biotech as a portfolio manager and analyst for major international banks including Bankers Trust, ING, and Deutsche Bank. He has had an impressive list of clients including Swiss private banks, the Templeton Foundation, European aristocracy, and Fortune 500 companies such as Sears and banks such as the Royal Bank of Scotland.
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See Also http://sovereignsociety.com/meet-the-experts/paul-mampilly/