FORTRESS INVESTMENT GROUP INVESTS MORE IN  PROPERTY ASSETS:

The Fortress Investment Group is a managing investments company that carries out its operations globally. Currently, it has enlisted more than 1,700 private investors and institutions in its portfolio and it manages over 70 billion dollars in assets.

THE 20 TIMES SQUARE DEAL:

The privately held company has now expanded its horizon into Times Square and earlier this year, the company together with other institutions purchased Palace Theater. In addition to this, Fortress Investment Group collaborated with Maefield Development to purchase the asset at 20 Times Square.

Additionally, the two companies also bought out Winthrop Realty Trust, New Valley which is owned by Howard Lorber, Ian Schrager and Steve Witkoff who were their partners. Subsequently, the closing of the acquisition allowed them to own the over 1.5 billion dollar property fully.

HISTORY OF THE 20 TIME SQUARE DEAL:

The group of investors came together in 2012 and purchased the building for over 400 million dollars. When they purchased it, it was a building site for offices. However, in 2015 they started the construction of a lavish hotel. The 39 stories hotel has over 450 rooms. It also includes rental spaces which are owned by the owners of the lease.

When the two partners bought out the others, they were all looking for approximately 1.299 billion dollars to elevate the property and to expand the theater and include a giant screen for outdoor signs. The Time Square is a popular tourist site and any investment in it is bound to be fruitful.

ABOUT FORTRESS INVESTMENT GROUP:

The investment firm was started in 1998 by Rob Kauffman, Randal Nardone, and Wesley Edens. The privately held company employs more than 900 people.

The investment company has various functions which include capital investment, creation of credit, coming up with strategies for real estate, hedge funds, and private equity. The assets firm has been a capital partner to various companies throughout its existence.

In 2007, the company went public and Goldman Sachs and The Lehman Brothers underwrote the IPO. The company went down American history as the first huge private equity company to trade publicly. Due to its progress and development, the company has managed to win numerous reputable awards. In 2014, the investment company was awarded with the annual Hedge Fund Manager award.

In 2017, the company was bought by SoftBank Group for 3.3 billion dollars. Although this company is based in Japan, the Fortress Investment Group’s headquarters is still in New York.

Factors That Have Contributed To The Exponential Growth Of Fortress Investment Group.

Fortress Investment Group is an investment and wealth management organization that has been in the limelight for various aspects which it has done outstandingly in the industry. The organization has shown exceptional performance in a lot of aspects, many of which have been as a result of the teamwork that it has embraced. The employees of Fortress Group are all focused and motivated towards achieving the objectives of the organization, which is to serve their clients properly and also yield an impressive return on its investment of their investors. This has been achieved by keeping all the employees of the company aligned to the organizational goals so that at any given time they are guided by the principles and the strategic plan that has been laid down by the management to achieve the goals.

One way that the leaders of Fortress Investment Group have managed to keep their junior staff motivated is by providing them with equal opportunities for career development and promotions. The management ensures that any opportunities that exist for the growth of employees are distributed evenly among them. For instance, whenever there is a new position that requires the expertise that may be possessed by one of the staff members, they are given equal chances of competing for the position in a fair and transparent manner. This ensures that all the employees feel that they are valued and that the processes are done using merit system.

Education and learning opportunities are also provided to the members of staff at Fortress Investment Group. Any employee that feels that they need to enhance their skills and knowledge are provided with the relevant facilities and support to do the same. This ensures that they remain productive as the production trends in industry continue to change. Retreats and team building activities are also other strategies that Fortress Investment Group uses to enhance the team spirit of its personnel. The members of staff are allowed some days off the office so that they can spend time together having fun, alongside their families. This allows them to refocus and revamp their concentration on the goals of the organization and work towards achieving them

One secret that Fortress Investment Group possesses about growing the company is the correct management of mergers and acquisitions. This is a unique skill that most of the companies in the investment management industry lack. However, Fortress Group, with the help of its co-principal, Peter Briger, has skyrocketed its managed assets through the art of managing M&A correctly.

Visit More : www.businessinsider.com/fortress-cto-leaves-to-start-own-fund-2018-7

Matt Badiali Advises Investors To Look Towards The Cannabis Industry

Matt Badiali is the Chief Resource Investment Expert at Banyan Hill Publishing. He was introduced to finance through one of his good friends, and brought him out of the field of geology. Many people have trusted their investment plans with Badiali, and in return, have earned substantial gains. He now runs a newsletter with his current company, called Real Wealth Strategist.

Matt Badiali, as a well known investor, has an impressive following on social media, giving tips to interested investors and investors-to-be. Recently, he wrote an article on how to start investing in cannabis industry. Cannabis has grown a massive following for its many health benefits and minimal negative side effects. Cannabis laws are also being created to further legalize this lucrative plant. The slight trouble with these stocks is that cannabis is popularly used for recreational purposes, so there is risk that this is just a long lasting trend. However, there is a good sign that an investor should look into the billion dollar business of cannabis, since beverage companies such as Constellation Brands and Heineken are showing their interest in this market with their money. They are betting on their new creations of cannabis-spiked beer and wine, which will in turn help boost their beverage sales tremendously. Matt Badiali wrote, “Constellation Brands Inc. (NYSE: STZ) invested $4 billion into Canopy Growth Corp., a medical cannabis company” (NYSE: CGC).

Badiali does warn that the soaring stock prices are only effecting the top cannabis companies that got ahead of their competition. Some marijuana supplier, such as Tilray Inc. (Nasdaq: TLRY) had a net loss. Most companies are hurt because they only sell medical marijuana, since not a lot of provinces and states have legalized the recreational use of cannabis. Matt Badiali believes the partnership between large beverage companies and cannabis companies will be good for the stock market. Canada legalized marijuana, so the beverage companies are already marketing their cannabis-infused drinks to customers and investors there. As always, Badiali advises his viewers to check the company first before investing in cannabis, but it would be a good move to do so.

Visit More : www.talkmarkets.com/member/Matt-Badiali/

Shervin Pishevar Predicts Gloom for the US Economy in His Tweet Rant

After hibernating for nearly half an year, Shervin Pishevar came back on Tweeter with a 50-message rant on the declining economy in the United States. He talked of different things ranging from the stock market to Bitcoin and space exploration. Shervin is a renowned investor and a business person. Therefore, his tweets got a lot of attention from his followers and the business community at large. Below are some of the most exciting pieces of the 21-hour Tweeter storm.

The United States is losing to emerging powers like China especially in infrastructure

Shervin noted that China had several examples of the increased speed of execution. One of the cases is the train built in nine hours. Pishevar lamented that the US infrastructure was in tatters and that companies and the government were trapped in short-term thinking. Shervin Pishevar singled out the Virgin Hyperloop as well as SpaceX as exceptions to the decaying infrastructure and short-lived thinking rule. He said that teams here were pushing for something on the long-term.

The five biggest US companies will continue to hold too much power

Shervin Pishevar lamented that the Silicon Valley had given the monopoly to five biggest giants, which are the Alphabet, Apple, Microsoft, Amazon, and Facebook. He added that these companies always stifled startups that seemed to challenge their status quo. Therefore, firms in the States are holding too much power, and the trend is not ending anytime soon. According to Pishevar, Uber was the giant that was able to eke out before things got out of hand.

Entrepreneurs can now raise capital beyond the borders

These days, the digital currencies have altered the way entrepreneurs raise their money. They need to choose the currency and get the funds. The new methods of fundraising make it easier for any company, whether large or small, to find different capital and grow. Shervin Pishevar rants are a wakeup call to the economy players. He believes that the market is asleep and oblivious to tell-tale signs of difficult times ahead. A good number of warnings may come to pass, and some of the advice given may prove useful.

https://twitter.com/shervin

Jake Gottlieb Altium

Healthcare investing titans Jacob Gottlieb and Stuart Weisbrod could be on the verge of working together again in the health sector after going it separately for close to twenty years. They worked together in a Biomed Group which Weisbrod was a co-founder in 1998 and had Gottlieb as one of his managers in 2000. Gottlieb and other employees helped the company generate large returns in 1999 and 2000 although it was eventually shut down in 2007.

The highly educated Weisbrod went on to found another healthcare company similar to the previous Biomed Group but focusing more on public companies including biotechnology, pharmaceutical, diagnostic, healthcare information technology, healthcare service and medical device companies. Gottlieb himself created his own company which grew up very quickly to having offices in London, New York, and San Francisco with almost 200 employees. The company, however, collapsed in 2016 after three top officials were accused of mismarking and insider trading within the company. Investigative authorities gathered evidence and investigated the company which resulted in charges against the former employees.

Gottlieb himself was not charged and continued working as the CEO to return funds to investors and wind down the company, having agreed to pay fines worth millions of dollars though the company never admitted or denied charges. He has been carefully considering his next move and has already decided to invest in another hedge fund company that will give him an opportunity to begin afresh. His new company’s first investment is a stake in a renowned pharmaceutical company. One of the first projects of the pharmaceutical company is to replace insulin administered through injection with an oral capsule. The capsule will require United States FDA approval, but it has the potential to impact on millions of lives of diabetic people all over the world if approved.

A Unique Expertise in Peter Briger to Manage Mergers and Acquisitions.

On the list of the strongest pillars behind the success of Fortress Investment Group, Peter Briger ranks at the top. He is the force that saw Fortress transform from being a private equity firm that it used to be, and became an alternative investment management firm that managed a variety of investment asset strategies for its customers. The customers of the company constitute of both institutional investors and individual clients. The other asset strategies that were introduced by Briger were permanent capital instruments, credit fund, hedge fund and real estate. This made the assets under management of Fortress Investment Group skyrocket in value within a short period.Peter Briger has a unique belief in education. He works so hard to liberate his community by funding education for children from the less fortunate families.

This has gone a long way in improving the lives of many families who could otherwise still be impoverished. Peter Briger believes that the only way that any community can liberate itself from poverty is by educating their young generation. This move has been taken in a lot of positivity by other community leaders in the quest for improving their standards of living and general productivity of the community. Having special expertise in the management of mergers and acquisition, Peter Briger oversaw the acquisition transactions that saw Fortress acquire the largest ski resort operator in Canada, Intrawest. Fortress Investment Group also acquired several other firms, a move that led to the significant increase of the company’s managed assets.

These firms included Penn National Gaming, Florida East Coast Industries, and the RailAmerica. Later in 2017, another transaction was done by Fortress Investment Group that saw the company acquired by a Japanese multinational corporation, SoftBank. This transaction was made on a cash basis whereby SoftBank spent a total of $3.3 billion. Following the acquisition transaction, all the outstanding shares that belonged to Fortress Investment Group were transferred to SoftBank and its legal subsidiaries. However, Fortress Group continued operating independently under the same leadership of its principals; Wes Edens, Randal Nardone, and Peter Briger. This transaction will see Fortress explore other economic sectors especially the telecommunication since it’s the main area of operation for SoftBank.

Randal Nardone – A Self-Made Billionaire And Co-Founder Of Fortress Investment Group

Randal Nardone is a self-made billionaire who co-founded Fortress Investment Group in 1998. He is the CEO (Chief Executive Officer) of the company. Randal Nardone is the Principal of Fortress Credit Corporation. Fortress Credit Corporation is a private equity company. He is the President of Ncs 1 LLC.In 2017, Forbes magazine ranked Randal Nardone as number 557 on their list of billionaires, worldwide. This status was accomplished by Nardone at the age of 51. He is a citizen of the United States of America and resides in New York, New York.Randal Nardone attended the University of Connecticut, where he studied Biology and English. He received his Bachelor of Arts degree in Biology and English. Nardone received his J.D. law degree from Boston University School of Law.

Nardone serves as the Director of Brookdale Senior Living. He served as the Executive Management on the New Residential Investment Corp, Director of Gagfah and Director of Springleaf Holdings.Fortress has a number of subsidiaries which includes FM Falstaff Advisors, Newcastle Investment Holdings, Eurocastle Investments and Springleaf REIT. Nardone holds various positions at these Fortress subsidiaries.Before Nardone co-founded Fortress Investment Group, he served at UBS as their managing director. At BlackRock Financial Management, he was their principal. At Thacher Proffitt and Wood law firm, Nardone was one of their partners. Since the inception of Fortress Investment Group, they have become successful and has been recognized worldwide for being an innovative company. The company has received many awards throughout the years. In 2010 and 2011, Fortress Investment Group were awarded the Credit-Focused Fund of the Year by Institutional Investor magazine.

In 2012, the company was awarded the Discretionary Macro-Focused Hedge Fund of the Year by Institutional Investor magazine. In 2014, Fortress was awarded the Management Firm of the Year by HFMWeek, a well-known journal in the field of alternative-investment. It is the desire of Randal Nardone to be understood as a hard worker in making Fortress Investment group a success. Having confidence in his skills, he wants the company to have a positive and enormous impact on their clients. It is the intention of Nardone for people to reap the benefits of becoming successful from the time and effort he put in his work at Fortress Investment Group. He is a big supporter of Fortress and the positive things the company is involved in. They can be depended upon as a source of encouragement to clients as well as employees.

Peter Briger Began Working with Fortress Investment Group to Help Others

As someone who knows a lot about helping others through investments, Peter Briger knows he has to make some changes to help other people. He also knows the company needs someone who can help them through the most difficult things in their business. He always knew how to help others and knew things would continue working for them if he had a chance to keep doing things the right way, but he knew he had to stay on the right track if he was going to continue helping people through the difficult parts of the business. Fortress Investment Group uses Peter as their principal and that helps him make the best choices.

Before Peter Briger worked with Fortress Investment Group, he knew there were things he could do to help people and things he could make a difference with. He also knew the industry would change as a direct result of everything he did with the company. It made sense for Briger and made it easier for him to try and do things the right way. There were many times when Briger had to continue showing people he was doing things right. No matter what, he felt good about the work he did and the things he came up with to help other people see what he was doing.

There were things that made Peter Briger see he was doing everything right. These things changed the way he did business and the way he made things work for Fortress Investment Group. They couldn’t work without him and that made things easier on him when choosing to stay with the company. He felt at home with Fortress Investment Group and chose to stay there despite any problems he had in the past. He always wanted people to realize he was doing things that would actually help him.

When customers work with Peter Briger, they’re getting someone who knows how to choose the right investments. Even though he’s the principal of the company, he knows how to help customers. He doesn’t ever stop helping them and continues showing them the right way to try different things. He makes it his goal to always give back and always give people the chances they need for success. He also feels like there’s a chance he can do things better as long as he knows what to do with other people. There were many times when he used this to help all his clients. Click here

Equities First Holdings in Australia

Equities first holdings began its activities in Indianapolis, Indiana. The company’s Primary aim is to provide an alternative source of finance to peoples and business. Equities First Holdings Company was started by Sir Christy Jr. ho is the CEO of the company. They have been providing credits to their customers where they ask the refund with low-interest rates compared to other finance providers. Since the beginning of the company’s activities, they have completed over 700 transactions which are worth of over $1.4 billion this comes as an excellent performance of the company.

Due to the high performance of the company, they have extended their services to deferent parts of the world have offices in more than six countries. In Australia, they have a fully registered company under the rules of the nation. The company’s central office is based in Sydney they also operate other two satellite offices in Melbourne and Perth. Other countries where they have offices are; China, United States of America, United Kingdom, Singapore, Thailand and more. Equities First holdings Australia is working with Environmental clean technologies limited (ECT), An Australian Company where equities will be providing funds for the company’s projects in India. ECT is one of the many companies which is working with equities First holdings.