Making investments that are mainly financially oriented is something that Randal Nardone is good at. With his background in the financial excellence and knowledge, Nardone has been able to look for the ideal platform for staking his money, and it has not only been profitable to him but to those that are involved in these investments. Such is the case of the foundation of Fortress Investment Group which Randal, alongside two other people, Wes Edens and Rob Kauffman, the latter having retired after serving as a principal for several years in the group.
Nardone’s financial background traces back to his days as a student at the University of Boston and Connecticut University where he got a Law degree and a B.A. in English and Biology respectively. This was followed by membership and a partnership in the Thacher Proffitt and Wood Law Firm. When he left this firm, Randal joined Blackrock Financial Management. Here he was a principal which increased his knowledge as a financial expert. In 1997, however, Nardone left the institution and joined UBS where he worked between 1997 between 1998 as a managing director. The position in Fortress Investment Group that Randal Nardone held was the biggest boost of his career.
As the CEO of Fortress Investment Group, he has helped the company grow immensely over the years as he also grew himself financially. The company was responsible for placing Randal Nardone in the billionaire list along with his other two comrades after the organization was sold to Softbank and after many other tremendous stepping stones that brought the company billions. The purchase by the Japanese Multinational, however, didn’t affect the position that he and his two colleagues held. Currently, Randal is 557th on Forbes list with a net worth of $1.8 billion. This amount mostly comes from the money that Randal Nardone takes home for working at Fortress Investment Group, estimated to be about $8 million each year.
His knowledge in the field of finance has not only been profitable to him, but also to people who sought his counsel when they intend to invest. Many organizations have gone to Randal for financial advice, and he has been happy to share his thoughts and recommendations with them. In addition to working at Fortress Investment Group, Randal Nardone has held other executive positions and continues to hold several positions in other institutions such as IMPAC Commercial Holdings, Florida East Coast Holdings Corp, Alea Group Holdings, and Brookdale Senior Living Inc.
Shiraz Boghani and his insights
Shiraz Boghani is an influential leader and entrepreneur. He is a guru when it comes to the tourism and hospitality sector. As the chairman of the Splendid Hospitality Group, he has brought notable changes in the field of tourism through the vast skills he holds in the industry. Shiraz has established a vast number of ventures in the country, which are mainly based in the tourism and hospitality sector. The Hilton resort is among one of his latest experiments. The luxurious hotel was built with great innovation to meet the ever-rising need of the entrepreneur’s clients. It has already attracted the attention of many people who are highly impressed with the high-end services that they offer.
Additionally, Shiraz Boghani is passionate about sharing ideas with other dedicated entrepreneurs, and through this, he has acquired more ideas to help him in the development of his firm. He has today built over 19 hotels and resorts in the broader parts of the United Kingdom. Among the most prestigious ones he has built include the Vanbrugh House Hotel in Oxford, Holiday Inn Express Gatwick-Crawley in Crawley, among many others. His ventures have grown tremendously, and this has been associated to the exceptional commitment and dedication he has shown towards his career. Shiraz Boghani is an inspiration to many people, and through his successes, he has shared ideas with entrepreneurs to help them adopt his unique approaches to business for success.
Shiraz Boghani has also made an excellent reputation for himself through the various achievements and developments he has brought to the field of entrepreneurship. He was named the winner of the Asian Business Awards in 2016. During the ceremony, he got to share his thought with other entrepreneurs on the best strategies they could adapt to achieve growth in their ventures. Shiraz Boghani also socialised with some of the famous journalist and entrepreneurs in the country.
In 2015, Barclays promoted Mike Bagguley to Chief Operating Officer (COO) of its investment Bank. He was charged restructuring the business as quickly as possible. Prior to his promotion, Mike was head of the macro marketing business of the company. Mr. Bagguley graduated from the University of Warick with a Bachelor of Science in Mathematics in 1988. Mike would report directly to CEO Tom King.
Barclays is looking at reducing the size of its bank in order to cut cost and increase profits. Tom King also tasked Mike Bagguley with realigning infrastructure functions, coordinating projects and joining the executive committee. Although the company made changes in the previous year to improve profitability that yielded positive results, more improvements still needed to be made. Mike Bagguley was instrumental in the restructuring of the company’s macro business amid a changing environment that reduced profits.
Barclays and other major banks changed their focus to equities and advisories as trade profits fell due to stricter regulations. Mike joined the company in 2001 and has held a variety of roles and worked in many locations around he world. Justin Bull was the previous COO of the company and it took over six months for the company to fill his position.
The company had plans to cut over 7,000 jobs in order to streamline the company and achieve its ultimate goals. This would be a reduction of approximately a quarter of he companies workforce. The original plan to cut jobs and restructure the company was started in 2014. Mike Bagguley was the best choice to help turn the company around according to Tom King. His proven track record, experience and time with the company made him the ideal choice. Mike will have his hands full trying to turn around the company, but he is up to the challenge. I visited the crunchbase profile of Mike Bagguley to find out information about him.
The homeless population in Dallas, Texas is up a bit according to recent reports, and many of those who are homeless choose to remain on the streets rather than seek temporary housing in shelters. The weather in Dallas is pretty warm year round, but winters can bring more than a few brutally cold days and nights. Temperatures in Dallas easily get into the hundreds in summer, and the heat index remains there way after summer is over. Many homeless fall victim to weather-related illnesses and often death from heat or extreme cold. The state works hard to combat homelessness, but with devastating storms and limited resources, it is a difficult battle. There is a Texas-based company who makes it part of its mission to help fight and win the battle of homelessness in Texas and across the nation.
Stream Energy is a direct-sales energy company that takes on homelessness first hand by providing resources to the homeless population in Dallas. Stream Energy works with other agencies like The Red Cross and Habitat for Humanity to provide housing and school supplies those in need.
Stream Energy supports local charitable organizations through their foundation Stream Cares. Their team of associates go out into the Dallas communities and hand out water, book bags, school supplies, hygiene kits to residents. The Stream Energy team also puts on hard hats and safety gear to help build housing for displaced residents.
Statistics have shown that when families have homes to raise their children, the high school graduation rates are much higher and there is an increase in higher education enrollment. Stream Energy works hard to ensure that families have the opportunity to restart their lives after homelessness. Homelessness can occur without notice from a devastating natural disaster or a sudden layoff from a company or industry closing. Stream Energy places people not profits at the heart of their energy business, and their efforts to rebuild Texas communities is an example to be followed.
Fagali’I Airport, it’s a facility that you more than likely have never heard of, and that’s totally understandable, after all, it’s a small airport, on a small island in Samoa, in the South Pacific. For those who live on the islands of the region, the airport is very important. It is the main method of arrival to and from Upolu, the smaller of the two large islands of Samoa. It is the only air travel option on the island, and most of all, it is the major commerce center for off-island trade. Yes, there are a lot of reasons those who call Samoa home would know about the “little airport of miracles”, but truth be told, there really is no reason why anyone outside of the Samoan archipelago should know about Fagali’I Airport. Nonetheless, you should definitely know its name and you should write it down so you can talk to your travel agent about it, because not only is its existence a “miracle” but it is also the gateway to paradise. Read this article about Fagali Airport at Radio New Zealand
Fagali’I Airport started its life as a dirt landing strip used by small planes and helicopters to travel back and forth between Upolu and Savai’i the larger island nearby. As travel between the two islands and others in the chain increased, the airport underwent some improvements, including the changeover to a grass landing strip for more comfortable and safer landings and takeoffs. After a brief period of closure due to controversy in the government, the airport reopened in the early 2000’s with a paved runway and a greatly improved terminal. This was just the beginning of a whirlwind series of expansions improvements and upgrades that would over the next 10 years lead to this being a regional airport that feels like and offers the services of an international hub.
Today Fagali’I is a comfortable and efficient facility that offers a great experience for travelers coming and going from the island, for tourism, business, commerce, and personal reasons. The friendly staff are always warm and welcoming to visitors from far and wide. Five airlines service the airport for inter-island travel, and there is a choice of service for international connections via Pago Pao and America Samoa. There are abundant shopping and dining options nearby, and without a doubt you will appreciate the WiFi, charging stations, and abundant power outlets, not to mention the clean and spacious restroom facilities, after a long flight. The Fagali Airport offers a wide range of transportation options to get you from the facility to the major city of Apia 5 kilometers away. It is from Apia that you make your way across the island for a whole range of activities catering to the desires and interests of everyone.
Come to Upolu and see why it is called “Paradise on Earth” and see why the airport known as the “little miracle” is the gateway to paradise. Visit: https://www.accuweather.com/en/as/fagalii/96799/weather-forecast/2123644
Growing under the shadow of his father who happened to be a medical doctor, Dr. Mark McKenna felt obliged in following his fathers’ footsteps in the medical field. Even with a sincere desire to pursue his passion and becoming an innovator, he joined the University of Tulane, which was a medical institution located in New Orleans. After completing his medical degree, he decided to venture into the real estate development business with his father.
It was a complicated decision choosing business over medicine, a course he had put in so much effort, time, and resources. However, Dr. Mark McKenna had dedicated all his focus and energy into the newly founded business. Despite the numerous challenges one faces in the real estate business. After the natural calamity ”Hurricane Katrina” hit, Mark started having doubts in his real estate venture. This was as a result of the devastation it caused to property and to peoples’ lives who lost everything they owned.
It was this critical incident that pivoted Dr. Mark McKenna’s passion back to medicine. He realized that his deep-felt need to advocate for patients’ wellbeing and treatment outweighed his real estate passion. The daily intellectual challenges that came with the day to day hustle of finding better and innovative technologies that improve patients’ wellbeing and care still enticed him.
The rapidly developing technological advancements acted as a force that attracted Dr. Mark McKenna into medicine. Additionally, he saw may opportunities he could take advantage of to improve and transform the care given to patients.
His ability in recognizing the changing trends in society such as the fact that most Americans both male and female are now more open than ever when it came to elective cosmetic surgery such as liposuction, facelifts, and tummy tucks. The idea led to his next venture, which was OVME. The company delivered these very delicate procedures in a safe and comfortable environment.
OVME has specialized in utilizing technology to its optimum, allowing prospective clients to go online and view the services offered as well as book appointments before their visit at the clinic.
Since 2009, Sahm Adrangi has been the Chief Investment Officer of Kerrisdale Capital Management. He founded the group aorund ten years ago with less than $1 million and now it now handles $150 million. In less than a decade, Sahm Adrangi has proven himself motivated to work hard and come out on top.
Sahm Adrangi shares information concerning stocks by publishing the research that has been done by the group that he leads. Some of the firm’s research involves correcting misguided concepts on other business ventures including “over-hyped shorts” and “under followed long” stocks. He announces most of this information using social media platforms.
In 2010 and 2011, Sahm Andrangi became highly noticed by revealing Chinese companies that were phony. Several of the companies even became accountable for their erroneous actions. Securities and Exchange Commission had to be involved of what he brought to light.
He has become more in tune with focusing his efforts in biotechnology, mining and telecommunication areas. As his proficiency and judgement are becoming more like a highly tuned skill, he is able to study specific companies and give out research that supports them or opposes them in some way.
Besides research, he has become very active in investing in others like the Lindsay Corporation in 2013. Sahm Adrangi wanted to amend and enhance the company in different scopes. In 2014, he replaced the directors of the Morgan Hotel Group with his own people through a stand-in.
He received a Bachelor’s in Economics at Yale University but Deutsche Bank is where he got his feet wet in the finance business arena. Sahm Adrangi also worked for Chanin Captial Partners as an adviser. Following all of this, he was working at Longacre Management which oversees billions of dollar in hedge funds.
Sahm Adrangi is a sought after public speaker for numerous and various conferences all over. He has been in plenty of broadcasting interviews like the New York Times, Businessweek, CNBC and Bloomberg.
A lot of people have been wondering what has made Fortress Investment Group the kind of industry leader that it is; well, their solution is here today. Fortress Group has been a project of real leadership and adherence to the core principles that the company has set in its strategic plan. This has enabled the firm to keep moving even during the difficult moments of economic crisis that have led to the collapse of many other investment firms. The leadership of the firm have been quite strong and supportive of its junior staff and hence creating a very conducive environment for innovation and subsequent growth of the firm.
Among the principles and competencies that have been fundamental to the growth of Fortress Investment Group is its ability to manage mergers and acquisitions competently. This was unique expertise that was introduced to the company by Peter Briger when he joined the company in 2002 from Goldman Sachs. Peter made all the personnel in Fortress Group learn the essential art of establishing and maintaining strong and professional relationships with stakeholders of big organizations in the investment and even other industries. Lucky enough, the strategy has been so fruitful for Fortress that it has been able to engage in high profile business deals with other organizations, which involve mergers, acquisitions, and partnerships.
One of the companies that were successfully acquired by was the Intrawest. This was a Canadian company which was the largest ski resort operator in the whole of North America. Other companies that were acquired in the period were RailAmerica and AIG’s American General Financial Services. However, the latter would the change its name to be called Springleaf Financial Services. One thing worth noting is that while Springleaf was under the management of Fortress Investment Group, its value increased rapidly to over $3.5 billion, which was more than 27 times the value of its original purchase price.
Later in 2017, an international company that specializes in technology and telecommunications, SoftBank Group, purchased Fortress Investment Group in a cash-based transaction that cost them $3.3 billion. This was a very bold move by Fortress Group because they are going to enjoy the advantage of indulging in new economic markets.
Randal Nardone is the co-founder and Principal of Fortress Investment Group LLC. He has been a member of the Board of Directors for the company for over a decade and has been serving as a member of its Management Committee for two decades. From late 2011 until July of 2013, he acted as the company’s Chief Executive Officer and then took on the role full-time in August of 2013. Randal Nardone studied at the University of Connecticut where he earned his undergraduate degree in science. He went on to study at Boston University School of Law and earned his Juris Doctor there.
Randal Nardone was singled out by Forbes magazine as one of the “World’s Billionaires,” and listed his net value at $1.8 billion in 2007. He became a billionaire during the early part of 2007 after Fortress Investment Group launched its Initial Public Offering. Nardone also stis as the President of Ncs 1 LLC. and as the President and Chairmon of Springleaf Financial Holdings, LLC. He helped to co-found Fortress Investment Fund IV, L.P. as well as Fortress Investment Fund V and is Secretary and Vice President of Newcastle Investment Holdings LLC.
Before working with Fortress Investment Group, LLC., Randal Nardone served UBS as a Managing Director and also served BlackRock Financial Management as a Principal. Earlier on, he also served the law firm Thacher Proffitt & Wood as Partner. Today, he works to build upon the legacy of Fortress Investment Group, which is now a company that manages more than $43 billion in assets for more than 1,750 investors. The company focuses on hedge funds, permanent capital vehicles, and private equity and uses a strong risk-adjusted returns strategy that brings profit over the long run. Fortress now has more than 900 employees and is located in New York.
Randal Nardone has been a consistent guiding force for Fortress Investment Group and keeps it focused on capital markets, operations management, corporate acquisitions and mergers, asset-based investment opportunities, and researching into specific institutions and companies in specific industries. Looking into the future of Fortress Investment Group, Nardone expects profit and continued success. Fortress Three Top Executives Split $44 Million Bonuses In 2015
Ronald Fowlkes has served in a number of ways. He became a Marine in 1989 and served until 1993. He says he received rigorous training during this time and was taught to be self-disciplined. He also learned how to be an effective time manager and the value of working hard. He says when he was in boot camp it was all about tearing down each soldier and removing each new recruits individuality. While he was in infantry school he learned all about weaponry such as maintaining it and how to properly shoot. It was during this that personal performance was encouraged, he says.
Originally he had planned on staying in the Marines for 20 years however after serving in Desert Storm he decided to get out. He didn’t agree with how that war was handled and that Baghdad wasn’t taken. Ronald Fowlkes joined the police force and was soon on a SWAT team where he was a tactician. After several years he decided to enter business and he now works for First Spear Tactical which is a company that supplies gear for the armed services, police forces, and civilians. He is the manager of business development where he focuses on the growth of this firm.
Ronald Fowlkes also volunteers his time for the hockey team his son is on. He takes care of the equipment and trains the team members off-ice. He says he enjoys this and is proud to be a mentor to these younger people.