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When people want to make sure that their families are financially stable for the future, there are some things that they can do to make this happen. Aside from putting money in their savings accounts, there are a host of other things that they can do to help build up and preserve family’s wealth. One of the most notable and beneficial is obtaining the resources needed to make smart investments. Because some people do not have any type of formal training in this field, they may need assistance from someone who has acquired this knowledge. This is one of the primary reasons why financial organizations like the Fortress Investment Group exist today. With this in mind, here are 3 facts about the Fortress group that you should know, and it can be found online for those who may be thinking about signing up.
1.Fortress Investment Group Start-up and History
According to the Fortress Group’s official site for this financial group, this investment organization was founded in the year 1998 by Randy Nardone and Wes Edens. Both of which were focused on supplying investment services to those who were within Western Europe, the Caribbean, and North America. The principles in which this financial firm is currently based upon is providing investors an opportunistic investment approach with a valued oriented approach that concentrates on including hands on management for the services provided. Also, since this financial organization’s inception, there has been a wide range of sectors that this umbrella is covering today. From offering superior investment strategies and opportunities to providing a wide range of essential financial services, this is a one-stop financial shop for many.
Fact #2 – Fortress Investment Group Investing for Growth — One of Five Primary Investment Approaches
It is also important to note that this financial has 5 official investment approaches that they are offering to their members. One of which involves investing for growth. Investing for growth has several components in it that they provide to companies who want to take advantage of this offer. For instance, whenever a company is looking to grow their portfolios, they may want to start by using the following:
– Executing follow on investments
With the expertise that the financial group has available, they can provide services that concentrate on raising growth capital. This part of the growth can be accomplished by taking advantage of investment opportunities on the behalf of the company’s management team.
Fact #3 – Fortress Investment Group Make-up of Investors
To make sure this group can follow up on its principles of superior returns, the group is made up of the best in this industry. With a business model that if focused on aligning this financial groups with its members, it is made up of a wide variety of critical professional roles including the following:
• Risk Management
• Information technology
• Procurement services
• Internal and external financial reporting
• Control and compliance support
• financial planning and analysis
All of which makes up an end to end financial investment system that supports the organization’s mission.
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Fortress Investment Group is a publicly-traded company that provides private investors and institutional clients with asset-based management, operations expertise and a variety of other services. When Wes Edens, Randy Nardone and Robert Kauffman founded the investment management firm in 1998, its focus was on private equity. But Fortress Investment Group soon expanded the services it offered to include real estate-related investments, debt securities, hedge funds and more. The firm was able to succeed because of the vision, skill, experience and expertise of its founders.
When they launched Fortress Investment Group, Wesley Edens had been serving as a partner at Blackrock Financial Management and both Randal Nardone and Rob Kauffman worked at UBS as managing directors. Plus, the newly-formed company soon added Mike Novogratz and Pete Briger, two experienced Goldman Sachs partners to play important roles in providing the expanded investment services Fortress began to offer. Headquartered in New York City, Fortress Investment Group now has satellite offices all over the globe managing more than $36 billion in assets and serving the investment needs of in excess of 1,750 major clients.
When Fortress Investment Group announced its IPO in 2007, no other private equity firm had ever been publicly traded. The company’s initial valuation was in the $5 to $7 billion range. Their assets-under-management has continued to soar and reached to over $70 billion. Plus, the company has earned a variety of accolades from organizations and publications like Institutional Investor and HFMWeek. Fortress was hailed as ‘Discretionary Macro-Focused Hedge Fund of the Year’, ‘Credit Focused Fund of the Year’ and ‘Management Firm of the Year’. For the 2010 Winter Olympics in Canada, Fortress Investment Group was chosen to finance the building of the athletes’ village.
Fortress Investment Group’s core competencies of operations management, corporate mergers and acquisitions, its expertise with global capital markets, asset-based investing and industry knowledge has continued to attract investors. The firm has also developed a stellar reputation for their ability to create diverse long-term cash flow streams because of its experience with managing, financing and owning financial as well as physical assets. Their activities are guided the accountability and transparency outlined in the policies and practices for corporate governance created by the firm’s leadership.
As a result of its decades of innovation, growth and effective investment strategies, Fortress Investment Group has established itself has a very valuable corporate property. Fortress’ excellent on-going work has so impressed the Japanese company Softbank Group Corporation, over the past 18 months they have been working diligently to acquire Fortress Investment Group. That acquisition was completed recently when Masayoshi Son’s Softbank Group bought Fortress Investment Group for $3.3 billion.
Softbank Group Corporation released a statement explaining that Fortress Investment Group will continue to operate independently even though they are now a part of Softbank Group. The Japanese company has such confidence in the excellent direction, policies and practices of Fortress Investment Group, they have asked the company’s top executives, including Randall Nardone, Wes Edens and Pete Briger, to remain in their current positions.
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Some investors look for good businesses. They like to find companies with popular products that are well-run. Other investors are contrarian. They like to find reasons why stocks are priced too high or too lower by the market. Paul Mampilly also likes to find good companies that are priced too low for their value, but he has a strategy for finding them. He looks for such companies that also are positioned to ride a major market trends. He calls them megatrends. A company that has a product that is riding a megatrend in popularity is almost guaranteed to rise in price no matter what is happening to the overall economy or stock market.
In the past, Paul Mampilly has identified three current megatrends: the Internet of Things, precision medicine and the millennial generation. Recently, he discovered two more megatrends that will make fortunes in the next few years: financial technology and new sources of energy.
By now, almost everybody has heard of Bitcoin, but not many people appreciate how ingenious it is. The creator of it, figured out how to use distributed databases to independently verify financial transactions. The original intention was to create a type of electronic exchange that keep these secure between the two parties, but yet private. And it would enable financial transactions without involving government money, central banks, private banks, credit card companies or payment processors such as Pay Pal. Bitcoin is having its market ups and downs, but financial institutions are adopting the blockchain technology it’s based on. In addition, they are increasing their investments in mobile technology, peer-to-peer payment systems and artificial intelligence.
The second new megatrend is the increase in sources of energy. Until recently, the world ran most on carbon-based energy. Some electric generators use nuclear energy, but most run on coal or natural gas. Paul Mampilly sees how fast this is changing. It has to, because carbon-based energy sources pollute the world and drive climate change. Nuclear power generation creates nuclear waste which will remain dangerous for hundreds of thousands of years. Paul Mampilly sees the increasing adoption of natural, sustainable energy sources such as solar and wind power.
Paul Mampilly is a former Wall Street insider who decided to stop managing hedge funds that just made already-wealthy people even wealthier. Instead, he writes a newsletter, Profits Unlimited, that anybody can subscribe to and learn what companies he finds that are using these megatrends to make their shareholders wealthy.
Paul Mampilly @ https://www.facebook.com/PaulMampillyGuru/
Major changes are coming to the Mexican oil industry. A market that was once barren of any foreign investment and competition, is now allowing a private well to be drilled by a joint venture of, London-based Premier Oil, Houston’s Talos Energy, and Mexico’s Sierra Oil & Gas. This marks the first time in over 80 years that a foreign based entity will be drilling in Mexican waters.
One of the three companies in the joint vesture, Talos Energy, is a Houston based oil company, which was formed recently by investor Tim Duncan and his business partners. Talos Energy has over half a billion dollars in equity from previous financial bakers and has grown tremendously over the past couple of years.
Talos Energy recently has purchased Helix Energy Solutions, and is looking to make more moves in the future. The large growth can be attributed to a variety of factors, but many point towards leader Tim Duncan, who has created an open atmosphere in the workplace and offers many employee perks, despite being in the middle ground in terms of compensation.
Along with London-based Premier Oil, and Mexican-based Sierra Oil & Gas, Talos Energy will be drilling well named Zama-1, which is located in the Sureste Basin off the coast of the Mexican state of Tabasco. This well holds an estimated 100 million to 500 million barrels of oil. Talos Energy is the operator of the well, Zama-1, which holds 35% of the stake. Premier Oil holds the lowest stake in Zama-1, with only 25%, while Sierra Oil & Gas holds the majority of the stake, at 40%.
The feasibility of large oil production has garnered excitement in the global oil community, and has potentially opened the door for future drilling in Mexican waters by foreign companies and joint ventures. Simply put, Elaine Reynolds, an analyst for London-based Edison Investment Research ltd. stated, “As the first non-Pemex well to be drilled since the opening up of Mexican waters as a part of the country’s energy reform process, this well will be keenly watched by the industry.”
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My wife and I am teachers in the same school system, and she has long wished for a better retirement plan. We plan to retire at the same time, and she emailed me when she found Laidlaw & Company. I was told of a phone call with principals Matthew Eitner and James Ahern, and I have been brought into the loop of our new retirement accounts.
#1: Consolidating Was Easy
We signed our power of attorney to move our accounts to Laidlaw, and both accounts were split up for proper investing. I could not have chosen the investments myself, and my wife was more than happy to add her own ideas about investing. We have spoken with our broker several times over the past few months, and we are still searching for a method that suits our situation.
#2: We Are Still Deciding On The Plan
I am not an investment expert at all, and I prefer to speak to our broker if there is a question. My wife can be a bit more bull-headed about our investments, but a simple conference call typically solves all our problems.
#3: We Set Our Own Timetable
I felt quite good about setting our own timetable for retirement. We told James Ahern the exact date we planned to retire, and he produced a schedule that indicates our retirement date along with the money we should have raised by then. I feel much better seeing a true financial plan, and my wife often adjusts the plan with our broker.
The Laidlaw team is quite helpful as we plan our retirement, and I full much more secure due to their care given to our accounts. I see the quarterly reports come into our inbox every few months, and I must say that I like what I see.