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Achievements of Wes Edens and His Role in Fortress

Achievements of Wes Edens and His Role in Fortress

Group Wesley Eden, the chairman and one of the co-founders of Fortress Investment Group, went to Oregon State University and graduated with B.S in Finance and Business Administration. Wes Edens joined Lehman Brothers in 1987 as a partner as well as the managing director of the firm. He worked in the firm for about seven years. After leaving his first job, he went to BlackRock Asset Investors where he worked for the firm up to 1997. In the year 1998, Wes Edens and other five partners founded Fortress Investment Group, which is located in New York City. Michael Edward, Robert Kauffman were among the founders of the company.Wes Edens together with other partners of Fortress Investment Group became paper billionaires in 2006 when the 15 percent of the company’s shares were acquired by Nomura Holding which is a Japanese financial holding company.

In 2009, Wes Edens was given the role of a Co-chairman of Fortress Investment Group’s Board of Directors. In the same year, eight percent of Fortress share had already been sold to the public for around $600millions. In 2015, he helped the company to purchase Springleaf Financial Services. The value of the Springleaf Holding Inc. was $3.5 billion more than Fortress’s $124 million Investment. Eden managed Fortress’s private equity business. His assignment at the firm quickened the acquisition of Springleaf Financial Services in 2010 for $ 125 million and used it together with Nationstar to establish private equity which runs assets worth about 14.3 billion, purchasing of Springleaf proved to be a worthwhile investment. Edens takes home about $54.4 million annually.

The figure includes his total salary of $13.4 million that he gets paid for his work in the company as well as $41 million that he receives as one of the company’s shareholders per year. He is the co-owner of Milwaukee Bucks, an NBA franchise located in Milwaukee together with Marc Lasry. In 2014, along with his partner purchased a basketball outfit for $550 million. Eden manages more than one team. Fortress owns an eSports team by the name FlyQuest which has a League of Legends team that participate in National American League of Legends Championship Series. Edens is the currently the chairman of Nationstar Mortgage, which initially was known as Centex Equity company, LLC, which was bought by Fortress in 2006 for about 575 million. Back in 2005, Centex was based in around 25 states’ market and over 33,000 homes in United States were delivered by Centex.

Sheldon Lavin Helped OSI Grow Throughout the Years

The OSI Group has 20,000 employees and is one of the biggest food providers around the globe. Sheldon Lavin is the current Chief Executive Officer of the company with plants in 17 countries.

Otto Kolschowsky started in the company in 1909 in the Oak Park area of Chicago. He had only immigrated to the United States 2 years earlier. It began as a small butcher shop but expanded just a decade later into wholesale. When this expansion occurred, the meat market was moved to Maywood. In 1928, Otto & Sons were born when Kolschowsky decided to rebrand the company to be a family business.

They continued to thrive as a small wholesale business in Chicago for years until they entered into an agreement with Ray Kroc who created the first McDonald’s in Des Planes, Illinois. This was one of the first steps in establishing retail franchises of restaurants. The agreement stated that Otto & Sons would be the first choice to supply meat for the franchise. When Ray Kroc made the decision to buy out the Mcdonalds, it was a very important development in the history of OSI Group. As Mcdonald’s grew, so did the demand for OSI to supply a quality product at a good cost. Flash freezing changed everything forever when it came to OSI, they were able to greatly reduce their costs and expand their product line.

In the early 1980’s, Sheldon Lavin became the Chief Executive Officer of OSI as well as the chairman. This was a very high growth phase for the company and Sheldon Lavin was able to facilitate this growth with his investment experience. IN 1987, OSI Asia-Pacific was born in conjunction with K&K Foods. When China entered into the World Trade Organization in 2001, Sheldon Lavin knew that there would be a huge opportunity for growth in that market.

They continued to grow in the United States as well and opened up a plant in Iowa that focused on hot dogs, sausage, and bacon. These were new product lines for OSI that expanded their market dramatically. OSI now has 64 plants around the globe and is continuing to grow under the guidance of Sheldon Lavin. While their headquarters are still in Chicago, the company is now a global operation that runs on a network of local managers that communicate globally.

Contact Sheldon Lavin: www.crunchbase.com/person/sheldon-lavin

The RealReal Luxury Item Consignment Has Struck Gold With The Novel Concept

If you are in the market for secondhand high-end luxury items like the most recent Chanel or Hermes bag or maybe a Celine blouse, you’re in luck—the RealReal, has just the items on their online membership site that feature secondhand high-end items on consignment, such as luxury apparel, fine jewelry, and art pieces. TheRealReal acts as a go-between patrons who are selling their own high-end luxury items to sellers who are more than willing to shell out big bucks for luxury items that rarely depreciate in value. Wainwright says that for every RealReal seller, there are at least four buyers and she also claims that over half of RealReal’s sellers end up purchasing for themselves. While the average RealReal buyer is female, Wainwright indicates that men make up about 20% of her clientele and that RealReal’s buyer demographic includes every age group from millennials to baby boomers. She also says that almost half of the RealReal’s online customers are selling and buy high-end luxury items for the first time. The RealReal’s site offers professionally-taken and tastefully presented pictures of items that you would expect when showcasing items of this caliber. The standard iPhone pics wouldn’t do, now would they?

Wainwright believes she has struck gold with RealReal’s novel boutique concept because the company has positioned itself as a trusted expert on the items it features, going as far as having on-staff a roster of gemologists, brand authenticators, and art curators. RealReal customers are offered trusted guarantees that all items are authentic and Wainwright believes this has fueled the company’s explosive growth. Founded in 2011, in San Francisco by CEO Julie Wainwright, the RealReal has opened flagship storefront offices in major U.S. cities, including a long-awaited location in NYC’s trendy Soho neighborhood. The RealReal employs over 1,500 employees and recently secured more than $170 million in venture capital funding that will aid in Wainwright’s carefully-laid plan for continued growth and expansion with the RealReal.

Whitney Wolfe Helps Singles Establish Better Connections

There has never been a time where meeting people has been so easy. It is true that you can catch up with a ton of old friends from Facebook, but it is very rare for you to have an opportunity to meet many new people through Facebook. The dating app community, however, provides a wide spectrum for people that want to meet others that are single. Whitney Wolfe has a ton of experience with helping singles make matches, and she is still under the age of 30.

A ton of singles might say that Whitney Wolfe has the ability to work as an expert in this field of dating apps because she has experience on both sides of the coin. She has been single and connected with friends that have talked freely about how hard it is to wait on the man to make the first move.

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Whitney Wolfe is someone that has also married recently, and this gives her a better understanding of what expectations are when it comes to a marriage partner. All of these things combined, coupled with her initial steps in being a co-founder of Tinder, has allowed her to create a bold dating app called Bumble.

The game of dating is often referred to as a game of chance. People meet one another, and they have conversations that may lead to a possible match. In real life most adults do not have as much time to meet anyone new. If they are working they may get involved with someone in the office. If they go out a lot they met find other singles in clubs or bars. People that have moved beyond this club and bar scene, however, may be reduced to meetings with new people at work or in church. If they are not bouncing from one church or job over and over again they are typically going to run into the same people.

Dating apps provide people with the ability to meet more singles that are outside of the areas that they would usually go to from one day to the next. Whitney Wolfe wanted to spice things up by giving people the chance to connect with the woman making the first move. If she does not respond to a match in 24 hours the match is gone forever. With this she knew that she was cutting down on harassment in the dating app environment as well.

https://www.instagram.com/p/Bh7jHYSgrfg/?hl=en&taken-by=whitwolfeherd

A Price Above Rubies – A Hidden Gem Produced by Lawrence Bender

Lawrence Bender was born in The Bronx in 1957. Both of his parents were educators. His father was a college professor; his mother was a kindergarten teacher. In high school, he decided to follow his grandfather’s steps and become a civil engineer. He followed through with these goals, earning his degree at the University of Maine. Instead of becoming a civil engineer, Lawrence Bender became one of the most renowned film producers of all time.

After his success in the film industry, Lawrence Bender returned to the University of Maine, giving a lecture and receiving a Doctor of Humane Letters degree. This degree is given to students of a school for making achievements outside of typical fields like science, literature, or government. Bender was also honored by the ACLU with a Torch of Liberty Award.

His accomplishments in film consist of an Academy Award for Good Will Hunting, and 28 other nominations. In total, Lawrence Bender’s films have won Academy Awards six times.

A Price Above Rubies is one of Lawrence Bender’s lesser known films in America. The film stars Renee Zellweger and also features Julianna Margulies and Kim Hunter.

The film is about Sonia, a woman who is a part of an arranged marriage. During the film, Sonia struggles with her conflicted emotions towards her husband. She has an affair with her husband’s brother but doesn’t share a real connection with him. Eventually, she finds a new partner and her former lover exposes her to the family. She is banished from the family and is left fighting for the custody of her child.

The film was released at the Sundance Film Festival in 1998. It made just over $1 million at the box office.

Lawrence Bender’s most successful films are with Quentin Tarantino. He has produced Pulp Fiction, Reservoir Dogs, Kill Bill, and many other of Tarantino’s greatest directorial efforts.

http://www.boxofficemojo.com/people/chart/?id=lawrencebender.htm

Roberto Santiago, the Brazilian entrepreneurship guru

Shopping Malls have populated Brazil but Manaira Shopping Mall is first among equals. Fifty-Nine Years old, Roberto Santiago is the proprietor of Manaira Shopping Mall which is located in his hometown of Joao Pessoa. The mall is a symbol of Roberto’s determination and of a man who has been patient enough to live his dream. Visitors, both foreign and local have described the mall as the most serene family hang out spots available in the whole of Brazil thanks to its versatile utilities. The mall attracts more than one million visitors on a monthly basis, cementing its status as the king of malls in Paraiba.

 

Roberto Background

 

Roberto Santiago was born and brought up in the city of Joao Pessoa in Brazil. After attending Pio X- Marist College he enrolled for a degree in Business Administration in the University Centre of Joao Pessoa. After short stints working at Café Santa Rosa, he decided to start his journey to entrepreneurship. He started his first company called Cartonnage, which made cartons out of cardboard and sold them to packaging companies all over Brazil.

 

Entrepreneurship

 

Establishing his first company was just a baby step to Roberto’s dreams. He would seek more opportunities in various sectors including real estate. His decision to venture into real estate was fueled by his desire to buy and develop the land. This gave birth to the idea of Manaira shopping mall. Consequently, he bought a piece of land measuring 75 000 m2 in the year 1987 and two years later he established the mall on that piece of land. Roberto says that his decision to venture into real estate was one of the best and when he is counting his blessings he counts that piece of land twice.

 

The Manaira mall consists of about two hundred and eighty stores, housing a theatre, several banks, food courts and a series of shopping stores. The Domus Hall on the rooftop of the mall is famed for holding high profile weddings, conferences, and international exhibitions. The hall has the capacity to accommodate people into the tens of thousands.

 

Roberto Santiago ambitions are unparalleled. He is not one to stop at one mall. That is why in the same spirit he started another mall called Mangeira in 2013. The mall borrows a lot from the Manaira mall, and it has had positive business effects in the area. Roberto Santiago has definitely influenced the economy of the area and this has seen several international companies relocate to the area. With the standards of living appreciating every day in Brazil, Roberto has been on the front line in offering better and quality services and his two malls enable him to achieve that in a perfect way.

 

More about Roberto Santiago

 

Roberto has not only excelled in business but also in sports. He was the first person from Brazil to win the Brazilian kart championship. Roberto has also won the state championships a couple of times.

Roberto emerged the winner in a motocross competition in Paraibano championship winning the 250cc and 125cc category and is also known for his major contributions to charity and support for startups.

 

The Story Of Financial Services.

NexBank Capital, Inc is a financial institute based in Dallas that shows the promise of great potential and growth. Leaders within the institution have taken steps to help with financial growth of the company, beginning with the placement of $54 million with a team of investors. Investment notes are set to mature in September, 2027, and NexBank has already seen $283 million raised through their investments. All of the investments are to be used for corporate purposes.

NexBank offers a wide variety of services. Services offered include personal banking, commercial banking, institutional banking, and mortgage banking.

Personal banking services through NexBank provide many options for customers. With checking accounts, the customer can choose a Platinum One account that includes features like a dedicated personal banker, and the opportunity to earn interest. There are many options for savings as well. Savings options include a traditional savings account, certificates of deposit, and high yield money market accounts.

Commercial banking benefits commercial & SBA loans for businesses to help them get on the right track. Agency services that cover the industries of Media and Publication, Oil and Gas, Pharmaceuticals, Healthcare, Transportation and Airline, Retail, Real Estate, Hotel and Hospitality, and Manufacturing are provided to help companies run more smoothly also. NexBank also offers treasury services to help companies with the cash managements aspect of their businesses.

NexBanks offers commercial mortgage services that include warehouse lending for businesses with the promise to deliver quick and reliable funding, and flexible solutions for meeting lending goals.

Aside from personal and commercial banking, NexBank also offers Institutional banking services that help financial institutions to grow and expand. Services offered include revolving lines of credit, tailored depository services, and loan participation. Treasury services, investment banking, and real estate advisory are all offered with the Institutional banking services as well.

NexBank offers services for personal banking as well as for business banking. NexBank thinks about both, the big guy, and the little guy. With almost 100 years in service, the customer can rest assured that they will be satisfied with the tailored and personalized services the receive from NexBank.

Wes Edens and his Career in Business and Investment

Businessman Wesley Robert Edens is known for co-founding the company Fortress Investment Group in 1998. Wes Edens established the company together with four other principal partners. Wes Edens is also the co-owner of the Milwaukee Bucks and the sole owner of the e-sports team FlyQuest.Wes Edens embarked on his professional career after he received his bachelor’s degree in Finance and Business Administration in 1984 from the Oregon State University. In 1987, Wes Edens took up a position at the company Lehman Brothers. He served as Managing Director and Partner until 1993. His next position was at the BlackRock Asset Investors, a private equity division of BlackRock. Wes Edens occupied the same two positions there as well up until 1997.

The next chapter in his career started with the establishment of the Fortress Investment Group. The firm is working in investment management, and in 2007 it became the first publically traded buyout in the United States. Since its initial public offering, the Fortress Investment Group had sold 8 percent of its shares by 2009, and the sum amounts to 600 million.By 2007, the corporation managed to include both private equities and publically traded alternatives in its asset management services. The Fortress Investment Group gained a lot of popularity underrated the Nomura Holdings which acquired 15 percent of the company’s shares in 2006 for 888 million USD. In 2009, Wes Edens started working as the co-chairman of the company. At his position, Wes Edens helped the Fortress Investment Group to recuperate after the subprime mortgage crisis which had caused the stock price of the business to fall below a dollar. From 2015 2016, Wes Edens was the Chairman of the subsidiary Fortress Transportation and Infrastructure Investors LLC. Last year the company created the eSport team FlyQuest which is owned by Wes Edens.

One of the biggest contributions of Wes Edens to the company was his being the catalyst for the purchase of the Springleaf Financial Services. Wes Edens saw a huge amount of potential in the company and had the Fortress Investment Group acquire it. The Springleaf Financial Services later increased in value 27 times and returned the investment of the Fortress Investment Group many times over. That is still one of the most successful musicians of the corporation.In addition to his work at the Fortress Investment Group, businessman Wes Edens is also the chairman of the company Nationstar Mortgage.It used to be called Centex Home Equity Copany LLC. The business is working in home equity mortgage lending and was acquired by fortress back in 2006 for about 575 million. In 2014. Wes Edens teamed up with businessman Marc Lasry, and they bought the Milwaukee Bucks from theHerb Kohl for over half a billion dollars.Fortress Investment Group was acquired by the Japanese conglomerate SoftBank. Wes Edens is still operating in the business and has many responsibilities in leadership at the corporation. He is currently living in the city of New York together with his wife, Lynn. The couple has raised four children. The couple is dedicated to charity as well and do frequent philanthropy.

Robert Ivy Becomes First Architect To Win Polk Lifetime Achievement Award

How can one judge one’s life work? Sure, someone may be wealthy, or may be popular, but is that really the only measure. While it may be enough to some, there does exist an award meant solely to celebrate those who have a massive impact on the world in their given field or career. Whether this is the arts, sciences, economics, or medicine, a Lifetime Achievement award is one of the greatest, if not the greatest, measure of a successful career, since it is presented to an individual based on recommendations from their peers and is awarded based on the entirety of the individual’s lifetime, as well as their total contributions to society.

On April 11, Robert Ivy received the Noel Polk Lifetime Achievement Award. This particular award is presented to both artists and patrons of the arts who have some connection to the state of Mississippi, including if they were born there, or are residents. With this award, Ivy joins a select group of Mississippians, including but not limited to the famed actor Morgan Freeman, who has appeared on the big screens in movies such as Bruce Almighty, Shawshank Redemption, and Seven according to wikipedia.org. Ivy’s reception of the award is made even more momentous, as he is the first architect to receive the award.

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Ivy made his first big impact while he was Editor-in-Chief at McGraw Hills’ Architectural Record. With Ivy at the helm, the magazine won many awards, eventually becoming the premiere architectural journal globally. McGraw-Hills’ Architectural Record. Ivy took the magazine to both China and the Middle East, where its popularity exploded, and personally oversaw to creation of a Mandarin version of the journal.

After leaving the Architectural Record, Ivy became the CEO of the American Institute of Architects (AIA). While he was at the AIA, Ivy made architecture on an artistic and professional scale more accessible to the general public. The AIA were the ones who gifted him the Polk Lifetime Achievement Award in the end. However, it was not only Ivy’s contributions in the field of architecture that garnered him the award, but also his literary exploits. Published in 2001, his authoritative biography Fay Jones: Architect was described as “the highest standards of scholarship, design, and production,” by the Art Library Society of North America. Receiving this award marks a the very epitome of a person’s career, an achievement that in nearly unrivaled anywhere else in the world.

The American Institute of Architects happens to be a professional organization of different architects from all over the United States. Its headquarters is in Washington, DC. It consists of 90,000 members and counting upto now.

Search more about American Institute of Architects: https://www.youtube.com/user/AIANational

U.S. Money Reserve Provides Excellent Customer Service Above Industry Standards

U.S. Money Reserve provides excellent customer service well beyond and above the industry standards established within the precious metal industry. U.S. Money Reserve was founded in 2001 and has continued to provide extremely high-level customer service and knowledgeable expertise within the precious metal markets. Read more: US Money Reserve – Blog and US Money Researve | Instagram

In fact, they have gained a reputation as one of the more stable and consistently ran organizations within the industry by providing high-quality precious metals including gold, silver, and platinum easily and consistently.

U.S. Reserve allows its more than 400,000 clients to invest in Self-Directed IRAs and provide all the tax benefits and protections against economic downturns and other negative currency devaluations. By providing Self-Directed IRA that allows individuals to invest in precious metals, U.S. Money Reserve clients are given a better option over the more Traditional IRA investment opportunities.

Traditional IRAs do not allow investors to invest in precious metals that can drastically diversify their portfolios and protect against economic downturns and safeguard against currency deflations and other negative financial losses. Learn more about US Money Reserve: http://spectrumlocalnews.com/tx/austin/news/2017/11/16/us-money-reserve-gives-to-harvey-relief.html and https://www.huffingtonpost.com/author/angiekoch-usmoneyreserve-894

Precious metals are not directly tied to the dollar investments like stocks, bonds, mutual funds, and other more traditional investment vehicles and allow individuals to take advantage of a more stable and consistent return on investment that is free from the economic negative activity.

U.S. Money Reserve provides a platform for investors to easily transport their assets into precious metals with an online store that creates opportunities for them to transfer 401k and 403 savings into precious metal purchases within a structured Self-Directed IRA.

The Self-Directed IRA provides tax breaks that are beneficial to savers and savvy investors in precious metals as well. U.S. Money Reserve has a high-level staff that’s very knowledgeable in precious metal investments and creates a culture and streamlined system for providing high rates of return on investment for its clients.

In fact, one of the leaders within the organization is former 35th United States Mint Director Philip N Diehl. U.S. Money Reserve hired one of the more respected members of the United States Mint department when they hired Philip Diehl and brought him into the company to provide continued excellence in the quality of precious metals with the reliability and sound customer service environment.

U.S. Money Reserve provides excellent customer service well beyond industry standards to establish itself as a leader in the precious metal industry by providing its clients with easy, convenient, and reliable forms of Investments within the precious metal market to create lucrative returns on investment.