A Randal Nardone story

With a net worth of over $1 billion, Randal Nardone is one of the world’s wealthiest people ranking #557 on Forbes list of self-made billionaires. He has amassed his big fortune over years due to dedication and hard work at Fortress Investment group, and has made a name for himself in the world of finance due to his long string of roles in investment companies.

Randal has been serving as a principal to Fortress since its inception and as its CEO since 2013. He also serves various other roles in Fortress’s subsets and works with companies like Springleaf Financial holdings as chairman and president. Also, Mr. Nardone has roles in companies such as New Castle investment holdings, IMPAC holdings, RIC Coinvestment funds and Eurocastle investments limited among many others.

Find out more about Randal Nardone at marketscreener.com.

How it all started

It is interesting to know that initially, Randal Nardone was in the law arena. He even holds a JD in law from the University of Boston and had even started setting the foundation for a lucrative law career at Thacher Proffitt & Wood, where he was an executive member, as well as a partner. However, during the process, he realized that his passion was working with numbers and managing assets.

He did not wait; instead, he began empowering himself with knowledge on how to merge law with finance management and step by step, made a transition to this sector. Mr. Nardone’s first finance role was at Blackrock where due to his excellent leadership and skills was appointed principal. This is where he first rubbed shoulders with his colleague now turned business partner, Wes Edens. In 1997, Randal Nardone got a managing director position at UBS, where he served for a year, and later resigned to establish Fortress Investment group with Wes Edens and Rob Kauffman.

Randal Nardone today

Since then Randal Nardone has never looked back and has been moving from one level of glory to another. Randal Nardone has been working with the other principal’s hand in hand to make Fortress better, and there is sufficient proof of that because today, it is one of the most prominent companies in alternative assets, with a client base of over 1700 investors and assets worth over $70 billion. Check out: https://www1.salary.com/Randal-A-Nardone-Salary-Bonus-Stock-Options-for-FORTRESS-INVESTMENT-GRP-LLC.html

Eric Lefkofsky is Interviewed by Bloomberg

Eric Lefkofsky is a renowned entrepreneur. He is innovative therefore he tries to develop a suitable solution to various challenges he encounters in the organizations serves. This approach towards his leadership roles in the companies led to a partnership with Brad whom they established Tempus. The company is a technology-based firm that has created one of the world’s largest libraries that produces data on molecular information as well as an operating system to ensure that the data is accessible for patients, medical practitioners and researchers. The management believes that with the right data as well as information, cancer research can be accelerated to introduce a new era of precision medicine including how data is utilized to optimize treatment.

Breaking the Interview down

In an interview with Bloomberg, Eric Lefkofsky discusses the onset of his career including his decision to venture into the foundation of Tempus. He reiterates the value of having this organization in the healthcare industry. The company has also developed a viable operating system to improve the connection of anatomic as well as molecular data with clinical information from medical systems across the country. As he continues to explain, Tempus compiles a broad spectrum of information that allows doctors to establish informed treatment for patients. For instance, a combination of chemotherapy as well as radiation may be adjusted for a patient if they have a historic result with similar medical conditions based on their genetics.

Eric Lefkofsky’s Diversification of Portfolio

Eric Lefkofksy is a proud entrepreneur who boasts of establishing more than four companies since he ventured into investment. He has additionally guided the operations of the companies by providing impeccable policies for them to be successful. Being a holder of a bachelor’s degree from the University of Michigan, Lefkofsky is also a revered business leader who has held leadership positions in multiple companies. In his tenure, he transformed the firms into exemplary organizations that contributed to the betterment of other people’s lives. Lefkofsky is also an admired team leader and a philanthropist who vastly supports charity. Moreover, he has diversified his portfolio by partnering with multiple companies to delve into various fields including investment and banking.

To know more click: here.

The Truth Behind Sunday Riley

Sunday Riley is a skincare brand that basically blew up overnight. With the owner, Sunday Riley, herself creating every product on the market you know they are bound to be phenomenal. After she realized people were getting tired of skin care she decided to create her own brand. Having her name as the brand name has encouraged her to make the brand as incredible as possible. She goes above and beyond to make sure every product is absolutely perfect. Each product goes through rigorous testing by as many people as she can let, and she listens to every person’s praises and complaints. This is the reason that her products have such a high price range.

When they were first starting out Riley managed to get her product into Barneys. Even though it was a large store and their product was lucky to be in there, they still needed to advertise. The funds were lacking in the beginning, so they turned to the cheapest form of advertising they could, social media.

Consumers obsess over the simplicity of the packaging. It makes using these products that would otherwise seem intimidating easy to use. Many times the main ingredients such as, retinal come in packaging that almost resembles something in a doctors office. This is a great product to use to counteract aging and acne, but if you aren’t comfortable using these products it isn’t going to help you at all. Sunday Riley keeps her packaging simple and sleek with minimal wording and superficial fonts. She keeps the directions short and precise so people using this product won’t be confused about how it works or unsure of what it is supposed to be doing for them.

Even though Sunday Riley products can cost a pretty penny, you are paying for quality. Riley has stated that she isn’t going to put her name on a product unless she is completely happy with it. She will go back to the drawing board time and time again to make sure she is delivering the best product available.

The Story Self-Made Billionaire Randal Nardone

Randal Nardone is one of the co-founders of Fortress Investment Group. He along with Rob Kauffman and Wes Edens established Fortress investment group in 1998. The company saw immense success and today manages $ 43 billion for its 1750 clients. The company operates in three main divisions that are Private Equity, Permanent Capital Vehicles, and the credit division. The company is based in New York where they use their expertise in financing, ownership, and management of both financial and physical assets to earn revenue for investors. Visit angel.co to learn more about Randal Nardone

The company employs more than two thousand people in its various offices. Many people who have worked at Fortress investment Group say it is a good place to work although there is a lot of competition. For young professionals joining the job market, it is a great place to learn as one encounters many experts in the financial investment field. Quick learners are given more responsibilities. Many who gave the company a five-star rating said that the company rewards hard work and initiative and the pay is good.

They also mentioned that the company has access to many industries and this means one can learn a lot working for the company. Before joining Fortress Investment Group Randal Nardone worked at UBS Group which is an Investment Bank based in Switzerland. While there he had served in the position of Managing Director for a year. He has also held the position of Director in the company Aircastle Limited as well as Seacube Container Leasing Limited. He sits on the boards of Florida East Coast Railway, Springleaf REIT, Eurocastle Investment Limited among others.

ter the acquisition of Fortress Investment Group in 2017 Randal Nardone chose to stay along with Wes Edens and Peter Briger as Principals. The company was acquired for $3.3 billion and the principals saw it as an opportunity for Fortress Investment Group to grow and serve a wider clientele. Softbank acquired the company with the hope that the acquisition would strengthen their investment division.

About Randal Nardone

Randal is a co-founder and co-principal of Fortress Investment Group. He has a Juris Doctor from Boston University. Randal Nardone is married with one child and lives in New York.

More Business News: https://alivenewspaper.com/2018/09/fortress-investment-group-20-times-square-makeover/

 

Principle Peter Briger Continues to Head Fortress Investment Group’s Credit Division After SoftBank Gains Ownership

The end of 2017, SoftBank Group Corporation closed one of the largest acquisitions of an international investment managing firm in the US. It cost the Japanese investing company $3.3 billion to purchase Fortress Investment Group, a private equity firm headquartered in New York, NY. Since the establishment of Fortress in 1998, the company received enormous growth investing in tangible, intangible, undervalued, and distressed assets. The success behind the company is one of its Principles, Peter Briger who serves as Chairman and continues his role of leading the Credit Division. View Peter Briger website at peterbriger.com

According to Patch, on May 15th, 2018, Briger joined the leadership team in 2002 bringing experience in management skills and the Asian financial sector. Four to fives years after joining Fortress Investment Group, Peter Briger and his leadership team purchased RailAmerica, Florida East Coast Industries, and Intrawest. Immediately, the firm offered IPO stock and became the first hedge fund in the United States to launch the new investment product.

As a result, Fortress went public and increased its vehicles to include Credit Opportunities Funds I and II, Fortress Investment Fund V, and Fortress Real Estate Opportunities Fund I and II. In addition, the Credit Division added Italian NPL Opportunities, Fortress Asia Macro, and Fortress Japan Opportunity Funds to its portfolio. In 2010, Briger led an acquisition transaction to buy American General Financial Services from AIG, known now as Springleaf Financial Services. The buyout of American General was a success and with the help of management, its value increased to $3.5 billion in a few years.

The following year, Fortress Investment Group opened an office in San Francisco, California to house the Credit Division under the leadership of Peter Briger. For 16 years since the launching of the divisional operation, he managed an investment portfolio comprising funds for Fortress and Drawbridge. Before Fortress Investment Group, Peter Briger worked for Goldman, Sachs & Company for approximately 16 years and became a partner. His primary focus is on real estate assets and credit. In 2008, Forbes recognized him as number 962 of The World’s Billionaires. His net worth at the time was $1.2 billion.

Source: https://patch.com/new-york/new-york-city/force-innovation-two-decades-fortress-investment-group

 

A Wealth of Information can be Found from Matt Badiali on Freedom Checks

You may have heard a few things lately about freedom checks and Trump bonus checks. Neither one are handout or welfare checks of any kind, and they’re both a kind of investment a little like traditional stocks, but they have marked differences. Despite claims to the contrary, they both are verified legitimate investments that investors have written reviews on and shown to have made dividend earnings on. Trump bonus checks are a part of Agora Financial’s published newsletters and require you to do your homework there. Freedom checks are discussed on their sister company Banyan Hill’s website?

A freedom check is essentially a kind of stock, and if you saw it on a regular trading platform like Scottrade, you probably wouldn’t know the difference between it and other stocks. But instead of being a regular corporation subject to all the same SEC and IRS rules that other publicly-traded companies are, freedom checks are governed by Master Limited Partnership (MLP) regulations. Federal law limits the kind of companies that can operate as MLPs, and the ones that Banyan Hill advocates for are in the energy and natural resources industries. But what makes owning the shares of MLPs special is that they are not subject to the income tax that most regular corporations have to pay, so if you own a freedom check and it explodes for big gains, you will not be paying tax on it unless you sell it.

The discovery of these MLP shares was made by Matt Badiali who has a long history of working with oil and mining companies all over the world. He realized that the US is changing course in energy by starting to do away with foreign oil imports and now investing more in fracking, building oil pipelines and becoming independent in energy production. Badiali realized the MLPs doing this were set to make billions in profits, and it would be a shame if investors were to miss out on those with a chance to take a slice of the pie tax free. So that’s why he coined the term freedom checks, and he writes about them more in his newsletters at www.BanyanHill.com.

Facebook: https://www.facebook.com/FreedomChecks411/

Talkspace as a Leading Online Therapy Provider

Earlier this year, the therapy firm partnered with Michael Phelps to sensitize the public about the importance of seeking the help of a professional therapist to ensure good mental health. The experience that Michael Phelps had earlier in his life was to be shared on a national TV. According to the celebrated athlete, speaking openly about one’s mental health has a positive impact on the healing process. He disclosed that Talkspace has helped him through its innovative health solutions and encouraged other people to visit the health organization. He suffered from depression and anxiety and that affected his career negatively. Visit talkspace on Instagram for updates

According to Michael Phelps, speaking about his issues made him feel strong. He was delighted after learning that he could talk to a professional therapist at the comfort of his home through texting or video chatting. Mr. Phelps encouraged more people in the same situation to seek the therapy services from Talkspace because it was more affordable as compared to the charges of visiting a therapist in the traditional setup. Stigma has been sighted as one of the main barriers for patients with mental health conditions. According to the partnership agreement, Michael Phelps would become part of Talkspace’s management team to enable it to develop better strategies for mental health. He was welcomed into the organization by its Chief Executive Officer, Oren Frank.

According to a report published on Talkspace’s Twitter account, more than 40 million people in the United States have a mental illness. 50% of the population does not seek the help of a health professional. The author of the article noted that various organizations had conducted extensive awareness campaigns in the last few years to help in reducing the level of stigma among people with a mental health condition. However, the campaigns did not succeed as the organizers hoped. The other challenge for patients is the high cost of accessing the services of a professional therapist.

Learn more: https://www.teenvogue.com/story/how-to-get-free-therapy-talkspace

 

Peter Briger Is A Financial Executive At Fortress Investment Group

There are many talented individuals that have contributed to the success of Fortress Investment Group over the past 20 years. Peter Briger is not an original founder of the company but he did join their ranks just four years later with more than 15 years of experience in finances. Peter Briger currently sits as the co-chairman at Fortress Investment out of his office in San Fransisco. Fortress Investment’s headquarters are in New York, where the company was founded, but they have continued opening new office locations around the world. Visit fortress.com to learn more.

When Peter first started working at Fortress Investment, it was a privately held company, which actually limited its overall growth in the market. Because of this, Peter Briger pushed to have the company become publicly traded and even helped in the transition. By 2007, Fortress was a publically traded company and had been featured on the New York Stock Exchange. Peter has amassed a huge amount of wealth during his stint as a financial executive and investor and his net worth is above 2 billion dollars today. As a matter of fact, all of the Fortress Investment Group executives have become billionaires for their success at the firm. Thousands of clients have invested in Fortress Investment and the company is able to comfortably manage more than 70 billion dollars for their clients in dozens of different countries.

Peter Briger managed to maintain his executive positions at Fortress Investment Group despite their recent acquisition by Softbank Group. Softbank is a massive Asian tech company that purchased Fortress Investment for a sum of three billion dollars, nearly half of which went to top executives at the firm. Despite this acquisition, Softbank made an agreement to leave everything as is and let Fortress Investment Group operate on its own terms as it always has.

Click here to learn more: http://petebriger.com/

 

Marc Beer’s Renovia Is Producing Good Results For Women’s Health

Marc Beer is a successful entrepreneur and pharmaceutical specialist that founded Renovia, a biotech company that is dedicated to research and the treatment of diseases, specifically relating to women’s health for the time being. In the latest series of funding at Marc’s new company, he managed to raise more than 40 million dollars to be put towards new research and developments for their already approved drug, Leva. With hundreds of millions of women all over the world suffering from pelvic floor disorder, Marc Beer decided to focus on this illness at Renovia. Research is still ongoing for new treatments, while Leva is continually being worked on to make improvements. Learn more: https://renoviainc.com/leadership/

 

Marc Beer is not only the co-founder of Renovia, but he currently leads operations as the Chief Executive Officer. For now, research at Renovia continues but Marc has said they are continuing to work on their product that has already been approved by the FDA. Further testing and new technology will help Leva treat pelvic floor disorder with a higher rating of success. In the latest round of funding, several corporations stepped in to invest, including Perceptive Advisers, Longwood Fund, and Ascension Ventures. Marc has always been a gracious person and he has gone on to thank everyone that has supported Renovia and the development of their product, Leva. Women all over the world can find relief with continued research in Leva and other technologies, which is a worthwhile goal for the health industry.

 

Renovia was founded in 2015 and was able to develop Leva within a relatively short period of time. Leva is a special device that acquires data and then sends it to another device, in this case, a mobile application. Through this system, women are able to also try out new techniques to strengthen their own muscles in the pelvic area. This can help the body fight the conditions and alleviate some of the problems associated with pelvic floor disorder, mainly urinary leakage. Leva works by taking advantage of the latest sensor technology which can gather accurate information for women that use it. Renovia is currently terming the Leva system as a digital health platform.

Robert Ivy: The Role Of Professional Associations In Relation To The Workplace

Robert Ivy is the CEO and the Executive Vice-President of the American Institute of Architects. He is a graduate from Sewanee: The University of the South with a Bachelor’s degree in English. He earned his Master of Architecture degree from Tulane University.

Robert Ivy has previously served as the Editor-in-Chief of the Architectural Record at McGraw-Hill. He was appointed as the CEO of the AIA in 2011. Robert became the first architect to receive the Noel Polk Lifetime Achievement Award, from the Mississippi Institute of Arts and Letters – an organization in Mississippi that recognizes musicians, writers, and artists for extraordinary support of arts. Robert Ivy believes that architecture has a significant effect on some areas ranging from disaster relief solutions to improving health. As the CEO of the AIA, Robert has observed that training on the job and courses in school do not teach comprehensively on everything there is to know about the workplace. The changing times and advancement in technology have led to the alteration of many job descriptions, and the employees fight to keep in touch with the changes.

Follow Robert Ivy on Twitter

Robert Ivy divulges the role of professional and trade associations in advanced training of employees. Trade associations deal with companies as members while professional associations recruit individuals. Workers joining professional associations benefit from a range of advantages including educational programs, networking, leadership roles, and industry awards. Professional associations take pride in their wide-ranging tools and data, websites, webinars, and newsletters. The associations employ individual researchers to conduct original research. The resources are especially helpful to new employees or even existing employees who feel the need to sharpen their skills and add to their knowledge. The ability to access knowledge from the association is much higher in comparison to developing the resources and tools personally. Also, the professional associations hold conferences that gather thousands of professionals from a particular field. This is seen as a unique chance by workers to meet leaders and other professionals in their area of expertise. The informal connections help the members learn of available job openings and secure offers. Members also learn about the committees, regional receptions, and volunteer activities.

Read more: Robert Ivy to receive Lifetime Achievement Award