CEO Randal Nardone Steers Fortress Investment Group Through Its Purchase By SoftBank

CEO Randal Nardone
R. Nardone, Fortress Investment Group

Randal Nardone is one of the co-founders of the alternative asset manager Fortress Investment Group, LLC. He is a principal, the chief executive officer, and is on the board of directors. He was a student at the University of Connecticut where he studied English and biology. He earned a law degree at the Boston University School of Law and then moved to New York City and got a job at a boutique law firm, Thacher Proffitt & Wood.

He decided to enter the world of finance fairly early on in his career. He worked at both BlackRock Financial Management, Inc. and UBS before joining some business partners to establish Fortress Investment Group in 1998. He highly involved in the private equity side of the business and has taken executive-level positions at several of Fortress Investment Group’s subsidiaries and the companies that they have invested in. Read more at Wikipedia.

Randal Nardone is also on the board of directors for companies that Fortress has invested in. Among these are Seacastle, Inc., Eurocastly Investment Ltd., Florida East Coast Railway Corporation, Florida East Coast Holdings Corporation, and Springleaf REIT, Inc. He brings a wealth of management experience to these positions and a firm vision of where these companies should invest their resources in order to drive growth.

Fortress was the first private equity firm to ever go public in 2007. It was also the first private equity firm to go back to being privately-held on December 27, 2017. They were purchased by the Japanese conglomerate giant SoftBank Group Corporation. They paid $3.3 billion for Fortress. When this deal was closed Randal Nardone retained all of his positions at Fortress, as did the rest of the executive team and staff.

Randal Nardone says that Fortress Investment Group operates as an independent firm even though it is owned by SoftBank. One of the U.S. federal regulators requirements to approve Fortress’ purchase was that this is the case. About the only change that really occurred was that they no longer have to do earning calls. The executive team is pretty thrilled to once again be privately held because it gives them the ability to once again focus on long-term growth.

Learn more: https://discoverorg.com/directory/person/randal-nardone/5552352

 

Businessman Louis Chenevert

Louis Chenevert is a businessman and entrepreneur. He was born in 1958 in Montreal Canada. He had an interest of becoming a businessman when he grows up. He knew that the only way to become successful was through hard work and determination. From that early age, he started working hard toward achieving his goal. He joined the HEC Montreal business school where he attained his first degree in production management. When there is production management in an organization, that organization can produce the best quality goods as well as the right amount. In addition to this, production management allows organizations to create products or services at a faster speed and the lowest cost. All these qualities make an organization to realize maximum profits. Louis Chenevert wanted to be a significant player when it came to the success of the company he would work for and so he decided to pursue production management.

He first started working with General Motors at St. Therese, Quebec under Guy Hachey. Louis was working as the manager of Montreal’s General Motors assembly line. According to Hachey, Louis Chenevert was the best manager he ever had in the company. However, Louis left the company after staying for 14 years and joined Pratt & Whitney Canada which is a division of Pratt & Whitney (P&W) firm based in the United States. P&W is a business division of United Technologies Corporation (UTC). In 1996, the operations president for P&W was retiring, and the company chose Chenevert to take over the position. Chenevert was performing well with PWC, and this prompted the P&W to promote him to this role.

It was after three years that Chenevert became the president of P&W. During this time, the organization was not doing as well as expected. However, through his leadership as well as his dedication to experience new technology, Chenevert began improving the company’s revenues. He was able to achieve the same results he had accomplished while at PWC. At this time, so many organizations were going through a downturn, but Chenevert brought so many changes to the company that covered it from the losses other companies were experiencing.

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

Felipe Montoro Jens highlights from the IDB meeting

Brazil and South America has been affected by the repercussions of a devastating recession in recent years and has made great progress by implementing many economic plans to reverse these negative outcomes. Felipe Montoro Jens an infrastructure specialist reported on the latest effort in the quest to improve things took place on March 24th in the city of Mendoza in Argentina during the Inter-American Development meeting (IDB). Many decision makers were in attendance during the meeting, and each expressed their opinion on what efforts are needed to continue progressing towards better economic development. View felipemontorojens.com to learn more.

One of the most successful efforts implemented to encourage economic development is Public Private Partnerships (PPP). There have been many instances of PPPs creating economic opportunities and helping reduce the government deficit. Despite these success stories there need to be more financial guarantees in place for private investors. This argument was made by the Minister of Planning, Development, and Management, DyogoOliveria. The Minister made it clear during the meeting to continue the success of PPP this is a necessity. Specifically, Mr. Oliveria feels more investments are needed to explore more efficient risk management solutions, reported Mr. Montoro. This was echoed by Luis Caputo, the finance minister of Argentina and chairman of the Bank’s Board of Governors.

Felipe Montoro reported also in attendance was Secretary for Economy and Business Support of Spain, Garrido Valenzuela. Mr. Oliveria argued to Spain’s representative to invest more in economic safety nets. It was also reported by Felipe, that Garrido noted Brazil would be a priory for investments by Spain, is that Brazil is the largest economy in South America, and a healthy Brazilian economy would positively affect the entire region. Oliveria also encouraged more investments in the specific regions that are supported by the IDB, for these areas need to be ready for the Industry 4.0 revolution that is underway. Specifically, infrastructure projects relating to sanitation improvements and clean water accessibility. Oliveria highlighted the drastic increase in PPPs, not only in Latin America but the Caribbean also. According to Minister of Planning over 3 billion in investment has been made in the last 10 years. Visit: https://ideamensch.com/felipe-montoro-jens/

 

Waiakea Water Is Truly Alkaline And Is Important For The Body

Naturally alkaline water is hard to find on the market. It is usually man made by a machine and is not as good for you as you may think. Then there are bottled water companies that say they are spring water, but are just glorified tap water. Waiakea Hawaiian Volcanic Water is a brand that is standing out from the crowd with sustainable practices, is environmentally friendly, socially conscious, and is truly a healthy water bottle brand chalked full of minerals and electrolytes.

There’s the thing about alkaline water and how it can help you. Truly naturally alkaline water can help restore the balance in your body between acid and alkaline levels. There is a scale to tell how alkaline or how acidic things are, 0 being completely acidic and 14 being completely alkaline. Waiakea Water is at an astonishing 8.2 on the scale when other brands come out between 4 and 7 on the scale. If a water brand is a 4, then it is quite acidic and can not be good for your body. Waiakea Water’s alkalinity has numerous benefits for the body that can help restore that balance you need to be truly healthy.

In 2012, Waiakea Hawaiian Volcanic Water was founded by Ryan Emmons with the mission to help better the world. One of their biggest contributions to society is providing clean water to those who do not have it readily available. For every one liter bottle sold, 650ml is donated to disadvantaged poor communities in Africa. Waiakea Water partnered with PumpAid to make this dream a reality.

Waiakea Water is a environmentally friendly brand. Their bottles come from 100 percent recycled water bottles so they help the environment with less waste. Because the bottles are recycled, it takes 85 percent less energy to produce them, putting less emissions into the atmosphere.

The company’s facility in Hawaii uses renewable energy to run their business without taxing the environment even more. About a third of their energy to run the facility is from renewable. On top of that Waiakea Water created and patented a fully degradable bottle that takes only 15 years to degrade compared to the normal 1,500 years.

https://www.bevnet.com/news/2017/waiakea-hawaiian-volcanic-water-announces-fully-degradable-bottle

A Meeting In Argentina: IDB Governors And Felipe Montoro Jens

In Mendoza city of Argentina, there was a meeting that was held by Inter-American Development Bank. Among the members of the meeting was the Project Development Expert, Felipe Montoro Jens. The president of the bank in Argentina, Luis Alberto was there and he was the chairman of the Board of Governors meeting. The bank’s minister who majors in the planning, development and management Dyogo Oliveira also attended the meeting. The meeting report was later discussed by Felipe Montoro Jens. Learn more about Felipe Montoro Jens at terra.com

During the meeting, Dyogo Oliveira who is the minister defended the private investments projects which were said to have increased within the country. He added by emphasizing that it is very important to create a mechanism which has a guarantee of finance so that it can have the abilities to leverage the private investments of infrastructural projects that are in Latin America. He also talked about the bank being involved in the promotion of the education sector and it will have that ability to pinpoint better solutions that are effective in the risk management projects. The education sector promotion will also have the ability in leveraging the private investments within the region. The countries will be requiring new investments and the bank should give a support on the matter. By doing so, they will have what it needs to face the 4.0 industrial revolution which is seen coming. During the early period, the major challenges were coming from the road network and requirement of sanitized water for the people. It is now that they have to do considerations of the modern infrastructures and they will be able to promote industrial revolution that is coming.

He also talked about the Public-Private partnership that is taking place in Brazil. It is an alignment that the government of Brazil has taken in the financing of the infrastructure and development of the country. This can be the best strategy for the regional countries. He talked about last year where Inter-American Development bank had loaned Brazil $12.9 billion US dollars for the Public-Private Projects taking place. It was an increment from the other year of 2016 by 20 percent.

Learn more: https://www.mundodomarketing.com.br/noticias-corporativas/conteudo/160655/investimentos-em-infraestrutura-sao-peca-chave-para-que-mato-grosso-amplie-sua-exportacao-de-soja-destaca-felipe-montoro-jens

 

Felipe Montero Jens; PPPs are The Way to Go

Without a doubt, PPPs have always been a significant breakthrough when it comes to initiating government programs and services. As such, a majority of stakeholders have taken up their roles in the community through these programs as they help cut costs. Even so, these programs still require some controlling and valuation measures by the government. Since the private sector has evolved and garnered vast profits in time, a majority of these projects are guarded by the need to operate on a tight budget in order to save costs. This is a strategy implemented through some of the modern and latest methods of financial models. Visit frenchtribune.com for more info.

Background Information

With PPPs, the budget in use is relatively leaner and requires more economizing. However, it retains government standards, and this cannot be broken by any means. To support these programs, Felipe Montoro Jens, a prominent financial expert has taken it upon himself to explain and even be part of the PPPs initiative citing that these programs are very instrumental to the development of infrastructural projects. In South America especially, Jens’ contribution has been instrumental in evolving the roads and other passages.

Rio de Janeiro’s PPPs

In Rio de Janeiro, the government wants to create up to 1000 jobs. This is where PPPs become instrumental. According to Felipe Montoro Jens, the project is set to construct useful facilities that will similarly offer non-pedagogical services made for classrooms. Coupled with the feasibility of these programs, the investment is more likely to soar and offer the relevant support to the people.

The Business Model

Rio’s model of PPPs resembles the one applied in the development of Belo Horizonte. Because it is a government project, the input of the public sector is of utmost value. Of course, this format is not entirely new to the industry as the policymakers initially advocated for its implementation. The support of the government makes the project easy to handle. Other than that, it is carefully crafted to fit the needs of the public sectors.

Describing Felipe Montero Jens

Felipe Montero Jens is a successful Brazilian investor dedicated to delivering excellent results in finance. A scion of success in business, he attended Fundacao University and has since developed a great passion for community development projects.

Learn more: http://www.infomoney.com.br/negocios/noticias-corporativas/noticia/7406991/felipe-montoro-jens-reporta-discussoes-reuniao-especial-governadores-bid

 

Sahm Adrangi and Kerrisdale Capital’s Negative Report Against The Drug Creation of Proteostasis Therapeutics, Inc

We have so many companies today that promise fantastic and profitable results that turn out to be duds. One of the few trusted authorities today that evaluate the worth of companies’ products is Kerrisdale Capital’s Sahm Adrangi. His recent analysis today involves the short position and negative report that Kerrisdale Capital has over Proteostasis Therapeutics, Inc.

On March 20, 2018, it was announced in PR News Wire that Kerrisdale Capital placed a short position on Proteostasis Therapeutics, Inc (PTI) because of its reputation of seemingly hiding important negative information under the rug, in an effort to hide its incompetencies.

PTI right now is still in its developmental stage, but the high rise of over 187% in its market value is putting Kerrisdale in a position to judge it as questionable. PTI is currently a biopharmaceutical company that is developing the PTI-428 drug, but its rise to the high percentage right after FDA granted its drug the Breakthrough Therapy and Orphan Drug recognition seems to be dodgy.

In Kerrisdale’s analysis, this rise in market value could just be a plain result of an unjustified hype. There’s a lot of signs showing that PTI-428 is likely going to be ineffective, and such assessment could put its value down. There’s also a pattern of low-quality data and troubling issue of burying information in the PTI, and this is something that Kerrisdale finds difficult to overlook.

Sahm Adrangi’s Reputation

We should also know a bit more about Sahm Adrangi reputation himself to assess how credible his take is on the assessment. First of all, Sahm Adrangi is the Chief Investment Officer of Kerrisdale Investment. His current skill set was refined first when he was studying BA in Economics at Yale University. He also worked for Deutsche Bank as a non-investment grade bank debt officer, and it was there that he was able to learn how to accomplish successful debt refinancings to companies.

Sahm Adrangi’s known investment style is mostly value-oriented, and he is a generalist in his area of expertise. With Mr. Adrangi’s help, Kerrisdale Capital continues to be a fundamentally-oriented investment manager that handles about $300 million of combined assets across a variety of investment communities.

https://www.zerohedge.com/news/2017-05-09/kerrisdale-capital-reveals-latest-short-selling-target-will-it-be-next-straight-path

Hussain Sajwani’s Success Story

DAMAC Properties, a global property development company, was founded by Chairman Hussain Sajwani. He studied economics and industrial engineering and graduated from the University of Washington.

He launched a career in catering in 1982, which has grown as an industry leader; directing 200 + projects and serving 150,000 meals daily in multiple markets inclusive of the Middle East, Africa, and the CIS.

In 2002, Mr. Sajwani revolutionized the property market expansion in Dubai. This resulted in creating DAMAC Properties, a Middle East property development leader. The company has impacted development across the globe, affecting cities such as Dubai, Abu Dhabi, Doha, Amman, Beirut, Jeddah, Riyadh, and London. He has cultivated 17,900 homes with a real estate portfolio of 44,000 + units.

DAMAC’s growth is a direct result of Mr. Sajwani’s vision and entrepreneurial prowess. He ranks amongst the 100 most globally influential Arabs. His leadership style demonstrates that he has the necessary talent to translate corporate vision into a lucrative enterprise while sustaining resilience. Hussain Sajwanee’s successes in the regional and global investment market demonstrate that he has a keen, perfected eye for performance-based securities in various markets around the world.

As a youngster, Mr. Sajwani assisted the family business after school which kindled his entrepreneurial spirit. He attended school in the US and sold time-share apartments which created seed money. Two years after graduating, Hussain Sajwani decided to go into a catering business for himself which brilliantly grew regionally. He then turned his attention to real estate, developing small hotels, then larger projects in popular Dubai areas. He understands that his journey of successes and failures shapes his very existence. On a typical day, he meets with business partners for updates and enjoys spending time with family. He uses his imagination as a muse to foster global changes. DAMAC Properties CEO is intrigued by social media and travels in order to remain productive. He strongly recommends investing in real estate, particularly in cities that are thriving. Hussain Sajwani enjoys learning new things, believes in re-inventing himself, and looks to expand his businesses by thinking outside of the box.

Watch Hussain Sajwani on YouTube

How Joel Friant Used His Innovation To Launch The Original Habanero Shaker

Joel Friant is an innovator and small business owner who presently lives in Corpus Christi, Texas. After graduating from high school he started his first business. This business involved buying homes that a bank had foreclosed on, rehabbing it, and then selling the home to make a small profit.

In 1995, Joel Friant was a restaurateur who specialized in Thai Food. It was will operating this business that he decided to build a brand around one of his favorite things to spice up his food with, habanero peppers. He developed the Habanero Shaker which can be used to both season a food and it can be used while cooking. He differentiated his product from similar ones on the market by it being a premium brand. The only ingredient in the Habanero Shaker was habanero peppers. Other similar spices were a mix of habanero pepper, salt, and cheap spices.

The habanero pepper is part of the Chinense family of peppers. It’s not too mild or too hot to spice food with. It also has a really great flavor that Joel Friant calls sizzling. He says that habanero peppers need to be completely dried once they are harvested for two reasons. One, to ward off potential diseases and secondly because if they’re not dried they lose a good deal of the flavor.

In 2012, Joel Friant reintroduced his habanero brand as the Original Habanero Shaker. Along with the change in the name, he also moved sales from physical grocery stores to online sells at the two e-tailers Amazon and eBay. The reason for this is that by doing online sales you can reach a global market. He says it also makes it a lot easier to do advertising for his product since the ads and the Original Habanero Shaker are both online making it easier for consumers to buy.

Joel Friant also likes to point to the health benefits of eating habanero peppers. They contain capsaicin which, because it boosts your metabolism, may lead to weight loss. They’re also a natural antibacterial source and contain several vitamins such as both A and C.

Learn more about Joel Friant on Behance

Investing: How I Got to the Top – the Igor Cornelsen Story

In The Beginning

Igor Cornelsen began his studies in engineering school in 1965. He attended the only engineering school in his country, The Federal University of Parana. After attending school for 2 years he decided to make a change, this decision would impact his life forever. The decision was to begin studying economics. Read more about Igor Cornelsen on About.me

The Next Step

After graduating Igor Cornelsen grew to recognition while working for an investment bank. With his unique ability to and skills of calculating compound interests and sliding rules, he became known as a shrewd and skilled investor. In 1974 he was promoted to the Board of Directors of Multibanco. In 1976, just two years later, Cornelsen’s rise to the top became apparent when he became the CEO of the same institution. Cornelsen’s career continued to grow in Brazil until 1985 when he moved on to work for the Libra Bank PLC, a London Merchant Bank. In addition, after his servitude to the London Merchant Bank, he went on to Standard Chartered Merchant Bank, not only as an investment banker but as a member of the Board of Directors and a representative of his beloved Brazil.

Strategies and Philosophies

In 1995 Igor Cornelsen started his own investment firm. He firmly believes in trusting his own mind and judgement, this shrewd strategy has not failed him but only once in his career. In addition, he believes in real truth, not biased opinions on how funding will affect the economy of a country. His days begin early as he searches through current news to study the economies and big companies money moves.

One of Cornelsen’s rule of thumb or philosophy, is not to waste time on information based on other analysts. He uses information from Reuters, the information given by them is unbiased and really good information. His main strategy to grow business opportunities is based on finding out assets that depreciate before his colleagues. With these strong practices and his skillful talent, Igor Cornelsen has made a name for himself amongst investment advisors in his country as well as the world.

Visit:http://frenchtribune.com/teneur/25704-igor-cornelsen-giving-three-valuable-tips-invest-growing-foreign-market