Most people don’t realize that Betsy Devos comes from an education background. While she may not have been a teacher, her mother was one. Devos said that she looked to her mother for guidance when she was in college, and she was one of the reasons that she got involved with education reform. For many years, Devos has been an education reformer in Michigan, where she brought legislation like “Kids First!” Coalition to the forefront.
Her husband has also joined her before. Dick Devos, son of Amway’s Rich Devos, has been right beside his wife all this time. Even now, he works in Washington as she runs office of the 11th US Secretary of Education. He was appointed to the Federal Aviation Administration’s Management Advisory Council in 2017. She has been sweeping the country with education reforms since 2016 when she was appointed by President Trump.
There’s no question that Betsy Devos believes in educational choice as the way to change and improve America’s education system. She has spoken about it vehemently in interviews, including one with “60 Minutes” and hard-hitting Lesley Stahl who asked Devos whether she thought that she had seen any success.
The question comes after Devos has only been in office for two years, and not all states have been on board with her changes to education systems. She does state that the two most successful states are Louisiana and Florida. For one, Florida has the most educational choice options, according to Devos.
In truth, Florida does have some great educational programs. Students can choose to go to magnet programs, virtual schools, homeschooling programs, charter schools, and private schools if they are zoned for a failing school especially. However, students also can go to private school on a scholarship. Devos states that most people simply don’t understand how these programs work, which is why they are so opposed.
Devos says that philanthropy is the reason that these programs have been successful. Donors like Mark Zuckerberg and Bill Gates have contributed greatly to educational choice, backing Devos as she looks to gain more political power in education in other states. She wants to bring educational choice to all states by the end of her term.
Devos has also been charged with school safety reform. After numerous school shootings, President Trump asked Devos to head up a school safety reform movement, in which schools would receive more security and help to prevent violence. Most schools started receiving new policies and regulations in the summer with implementation completed before the 2018-2019 school year.
While the Devos family continues to move into tighter political circles, it will be interesting to see who runs for presidency next in the republican party after Trump.
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As technology keeps advancing rapidly, so does the world of medicine. Investors like Jake Gottlieb make it a point to stay informed about the latest developments to give the best investment opportunities for his clients. With decades of experience in the healthcare sector, he is looking forward to getting his new firm Altium off the ground and running. Even though they just made their first public offering earlier this year, they have already started building up an impressive team.
For the first time in decades, Jacob Gottlieb will be working with Stuart Weisbrod. Weisbrod is a co-founder of the Merlin BioMed Group in which Jake Gottlieb worked with during the biotech revolution of the early 2000s. With their experience and investment know-how combined, people are expecting some big things out of Altium. The new firm Altium is a hedge fund that invests into companies within the healthcare sector that have gone public.
Altium is the newest hedge fund by Jake Gottlieb who is still in the process of shutting the doors of his former company. While some may have moved on to a different industry after being rocked by a scandal like Jake Gottlieb’s Visium experiences, he refuses to let the bad actions of others destroy his career. He remains adament that he had no knowledge and nothing to do with the illegal trading that had been happening behind the scenes involving a small group of Visium executives.
Altium has already made a significant investment into a biotech company that Jake Gottlieb thinks may have a considerable amount of potential to change the lives of millions of patients living with diabetes. They recently purchased 5.61% of the shares of Oramed, a company founded in 2006. Currently, injecting insulin through a syringe or pump is essentially the only way to take the medication. Researchers have been trying to make an oral version of the medication for decades but have not had much success in keeping the protein viable long enough to be absorbed. With Oramed’s technology that is in the process of FDA approval, patients may not have to deal with the discomfort of injections anymore.
Find out more about Jake Gottlieb Altium: https://ideamensch.com/jacob-gottlieb/
Stephen Hicks founded Southridge in 1996 and has been one of the key drivers of operations as well as the overall direction setter for the entire company as the chief executive and the business development strategist. Stephen Hicks is a force to reckon with in the investment industry. He has over thirty years of experience in investment banking, risk arbitrage, and financial structuring. He acquired a bachelor’s degree in business administration from Kings College in Briarcliff Manor and a masters degree in Business administration from Fordham University, New York City. The idea for Southridge came up when the principal is a New York City hedge fund was winding up to move to Australia and Stephen Hicks decided to make a bold move for it, on his own.
Stephen Hicks normal day starts by reviewing and reorganizing activities of the day for his staff, team and himself. During the day, Southridge Capital’s boss looks for more ventures and opportunities in the financial market while making sure the existing investment is still on track. For the success in his career, Mr. Hicks relies mostly on experience to bring ideas to life. Among the members of Wall Street, the firm has a two-decade advantage in experience which makes other companies consult with them. Hicks has fascinated by Cryptocurrency, a field which he believes is the future of finance and as such a space to watch. For more details visit linkedin.com
Southridge Capital group of companies is a financial and investment group based in Connecticut Thay deals with private equity, investment banking, and security brokerage services. The company has pressed to several regions in the United States, including New England, East Coast, and Northeastern US. The private equity group of companies is held together by a team of 50 ambitious employees through its various financial endeavors. You can visit southridge.com
Southridge Capital specializes in providing equity to small public companies through private placement transactions. This businesses, typically, require extra capital to enable them to proceed with their business transactions, to afford a complete come back or to do a complete restructuring of the business.
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Global finance advisor and capital manager, Fortress Investment Group, is focusing on direct lending, and open-end asset funds to meet demands for a stimulating, private credit market. They are expected to close at $5.5 billion by the end of 2018. Such expansion includes fund investment into the following sectors- intellectual property, real estate/ asset debt, and aircraft leases.
Fortress Investment Group wants to give investors a more convenient way to meet their objectives through the open-end asset fund vehicle. The mutual fund strategy loosens share restrictions, helps achieve growth goals, and decreases regulatory challenges.
Founded in 1998 by Wesley Edens, Robb Kauffman, and Randal Nardone, the asset-based manager was recently acquired by SoftBank, an international telecommunications company. Upon its sale for $3.3 billion in 2017, Fortress became the first public company to de-list itself from the New York Stock Exchange.
The Japan based company is seeking to expand its portfolio through strategic acquisitions. The purchase of Fortress Investment Group gives SoftBank access to world-class knowledge on asset-based investing, significant relationships with leading principals, and ability to extract value from a whole new group of industry sectors. SoftBank could also attempt to expand $100 billion tech investment fund through Fortress.
Despite its acquisition, Fortress will continue to be recognized for innovation in leadership, commitment to partnerships, and keeping ahead of industry standards through technology. Its multifacited, highly diversified business model was, and is attractive across the market. Many analysts, and experts have noted Fortress’s ability to yield consistent profits for its investor base.
The Fortress Investment Group specializes in real estate, credit, debt, private equity, and mergers and acquisitions. The company is predictable in its fee structure, incentive income in business alternatives, and strong in health. Diversification, and technological investment defines the company’s legacy. The firm takes its core competencies from the board rooms into the business world.