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

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/

 

Why CEO Matthew Fleeger and Gulf Coast Western Are Such a Strong Combination in the Oil and Gas Industry

Because of Matthew Fleeger, Gulf Coast Western is in a very comfortable position as far as the oil sector is concerned. Chief Executive Officer, president and also director are the three different ranks that Mr. Fleeger holds in the company, and it is actually not his first time being this important in an organization. MedSolutions is another venture which he headed and founded prior to working in his current industry. He has a lot of experience and expertise in finance, marketing and sales.

Additionally, Mr. Matthew Fleeger spent a few years as the president of the Texan Kinlaw Oil Company, where he gained valuable knowledge about the sector. In an entirely different industry, there was a time when Palm Beach Tan saw its numbers rise substantially thanks to the work that Fleeger did as director. He graduated with a bachelor’s degree from Southern Methodist University in 1985, and is proudly a member of an organization called International Business Professionals.

Many people find it impressive that someone like Matthew Fleeger has had success in so many different industries. Whether it’s tanning, waste management or gas, it seems that he truly has the magic touch to help a company find its most profitable route. Gulf Coast Western has been around since the 1970s, and it has no plans of slowing down its progress as a gas and oil business. Fleeger’s skills are of great value to such a company.

Back when Matthew Fleeger was the CEO of the medical waste management company that he founded, MedSolutions, he managed to advance the organization with great rapidity, and it eventually became a leader in its industry before he sold it for a staggering $59 million to Stericycle in 2007. In Short, Matthew Fleeger’s history and wisdom combined with Gulf Coast Western’s history and goals are a strong force that doesn’t seem like it will be stopped.

Stephen M Hicks, CEO and, founder of Southridge Capital.

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.

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.

 

 

Click here: https://www.facebook.com/Southridge-Capital-118716878160402/

Did Whitney Wolfe Turn Down $450 Million For Bumble?

Launching Bumble in 2014, Whitney Wolfe achieved success at a young age, appearing on the cover of Forbes and being included in the publication’s 30 Under 30 list in 2018 and in 2017 as well. In addition, she was named in the TIME 100 list in 2018. Bumble is a dating app, designed do change the way people see online dating, women having the opportunity to be the only ones who can initiate all interactions. Read this article at vogue.com to know more about Wolfe.

Wolfe attended the Judge Memorial Catholic High School and would later on go to the Southern Methodist University, majoring in International Studies. During the senior year she studied at Paris’ Sorbonne University. Prior to creating Bumble, Whitney Wolfe worked with Tinder, as the Vice President of marketing. She has been credited with fueling the apps popularity, but in 2014 she left the company as a result of growing tensions. The same year, she partnered up with the founder and CEO of Badoo, Andrey Andreev, who invested in what would eventually become Bumble, at the end of 2014. The company has its headquarters in Austin, Texas and according to Forbes it is currently valued at over $1 billion, after 4 years of existence.


In the first month after going live, the app got downloaded more than 100,000 times in the first month, and has approximately 27 million users, as of 2018, having over 70% year over year growth. A 2016 report showed that 49% of the app’s users went online every day. Whitney Wolfe noted that in the first 8 since Bumble’s inception, 5 million conversations were initiated by women. Besides their dating platform, Bumble also launched Bizz, which is facilitates business communications, and BFF, which is designed to offer users the opportunity to find new friends.

In 2016, Bumble introduced in-app purchases, which helped them earn $100 million in sales that year. Match Group, an internet company which owns many dating sites, offered to buy the platform, offering $450 million, an offer which was allegedly turned down by Whitney Wolfe. According to sources Match approached the company again with an offer of more than $1 billion, but nothing has been confirmed. View: https://www.cnbc.com/video/2018/01/23/whitney-wolfe-turned-a-traumatic-experience-at-tinder-into-her-successful-bumble-empire.html

 

 

The Exceptional Man behind Eucatex Group; Flavio Maluf

Flavio Maluf is among the most successful entrepreneurs in Brazil. He was born into a rich family. However, he did not let his family’s wealth determine his hard work. He joined the New York University where he graduated with a degree in Business Administration. Later on, he joined Fundacao Armando AlvaresPenteado (FAAP) University in Brazil. Here he graduated with a degree in mechanical engineering. View Maluf’s profile on linkedin.

His family operated a business called Eucatex Group. It was established in 1951. Its aim was to produce environmental friendly building supplies. In addition, it also produced toys and furniture. In 1987, he decided to work for the company alongside his family members. Despite his ties with the owners, he worked extremely hard. He produced nothing short to quality results. The company’s management team decided to come together to discuss his amazing results. It was then that he was chosen to be the president of Eucatex Group.

Under Flavio Maluf’s leadership, the company has grown to become one of the best building companies in Brazil. It exports its products to approximately 40 countries around the world. Besides that, the company was involved in the construction of the stadium where the 2014 World Cup was held.

More so, Flavio Maluf is greatly consulted when it comes to economical matters in Brazil. Recently, he did an interview discussing how production of farm products consequently affected animal products. He advocates for any entrepreneur to always study the market trends. This eventually helps solve matters such as declines experienced in production.

His contribution to Brazil goes deeper to his Philanthropic nature. He is a believer in every individual acquiring quality healthcare. He assists and donates to people and charities in areas such as Sao Paulo. This charisma and Philanthropic nature is greatly admired by people around the world. Read more: https://www.mundodomarketing.com.br/noticias-corporativas/conteudo/108970/conheca-com-flavio-maluf-algumas-dicas-para-administrar-uma-empresa-familiar

 

The Unbeatable Waiakea Water Company

Waiakea Water is a naturally alkaline water company located in Hawaii, USA. It was founded by Ryan Emmons who is the CEO of this company in 2012, due to his sincere appreciation for clean living, the environment and health. It was while in his uncle’s place when he tasted the sweet water that came from the volcano in Hawaii and he had no doubt that other people would surely like the water as he did. Once out of college, he felt the need to pursue his dream and developed the idea of Waiakea Hawaii Volcanic Water.

The alkalinity of the company’s water is one of the distinct features of Waiakea’s water. Substances with high pH levels can cause serious problems to our health thus the company produces water that is healthy for consumption with an alkaline pH of 8.2. Waiakea water pH has other benefits like it helps reduce acid reflux and heartburn by neutralizing stomach acidity, because of the bicarbonates found in alkaline water that inactivates pepsin permanently.

On a general point of view, the company is focused on producing its products in a very environmentally friendly manner. They have a very unique and natural filtration process which involves passing water through a very long volcanic rock (14000 feet) in the Mauna Volcano. Using this method of filtration is a good use of nature’s resources and it could have a wide variety of benefits to a person’s health.

The company works with the superior emissions consultants to aid in reducing its environmental impact to zero. They have also gone a mile further in producing packaging methodologies that are purely environmental friendly, like the RPET bottles. Due to all the effort the company has put, Waiakea was named the first bottling company in Hawaii to be attested CarbonNeutral.

Waiakea continues to flourish in the field of water bottling having been awarded severally buy different bodies over the short period it has been operating. The company gives its customers water that has a very sweet taste probably due to its alkaline nature and a wide range of electrolytes which include magnesium and calcium. Having a bottle of Waiakea water is with no doubt the next thing to include in your “to do list”.

https://www.luckyvitamin.com/p-1144099-waiakea-hawaiian-volcanic-water-1-liter

Louis Chenevert Is An Amazing Leader Who Helped United Technologies Corporation To Be Its Best

Louis Chenevert is a Canadian businessman who has improved every company or organization that he has had the pleasure to work with. He currently is an exclusive advisor for Goldman Sachs and also loves to spend quality time with his family. Chenevert spent a lot of his career working the aerospace industry where he made a huge impact. Specifically, he was the CEO and Chairman of United Technologies Corporation (UTC), which is a company that would not be where it is today without all of the hard work that he did. It was during the 2008 calendar year that he was chosen to take the reigns as the President and Chief Executive Officer of the company. In 2010, he became the Chairman, as well. He has also been a part of Cargill Inc. by sitting on its Board of Directors, and recently, he has had the honor of becoming the Chairman of the Congressional Medal of Honor Foundation.

Louis Chenvert received his education at the Université de Montréal, École des hautes études commerciales (HEC) where he worked for a Bachelor of Commerce degree in Production Management. After this, he earned an Honorary Doctorate while finishing up his studies at the University of Montreal. Louis Chenvert was once asked what he would do differently if he had to start over again, and he revealed that he would pay closer attention to the internal politics of the businesses he served and how they interfere with achieving the greatest of results.

Louis Chenevert has noticed, over the years, that many brilliant minds lost focus and couldn’t execute due to internal politics, and he has learned to not put up with the kind of people who are not in agreement with the agenda of the company. He referred to these kinds of people as energy drainers and commented about how they can slow the forward movement of progress in larger companies. He finds it is best to deal with any kinds of internal issues or issues at all by tackling them right as they come up. This is how winning companies are made according to Louis Chenevert, and he would know as he has been a part of many successful companies.

https://www.cnbc.com/louis-chenevert/

The Successful Glen Wakeman: A Mentor to Many

Glen Wakeman is the chief executive officer as well as the co-founder of the Launchpad Holdings LLC. The company focuses on software development meant for the provision of online business services dedicated to entrepreneurs who are starting up. Glen Wakeman boasts of an MBA in finance from the University of Chicago as well as a BS in Economics from the University of Scranton in the year 1981. Back then, during Glen’s early years in his career path, he held various positions at GE Capital where he left a mark of excellence (http://www.glenwakeman.com/glen-wakeman-blogs/). In these firms, he was engaged in many roles that included president, CEO, P&L, business development and administrative positions in various boards. He is also the founder of Nova Four. Glen attributes his quest to come up with Launchpad Holdings, LLC to meet the desire to make plan building simple as well as more intuitive by coming up with a simpler, user-friendly platform. That was how Launchpad Holdings LLC was founded.

glen

Glen Wakeman is a very successful entrepreneur as well as a mentor to many people. He has been able to transform businesses with more than 17,000 members of staff and $15 billion in assets. This has resulted in the growth, development, and success of these businesses. Glen has been deeply rooted in business start-ups, exponential growth, guidance for the business start-ups and many other roles. He is known to apply his proven methodology where he uses the five prime performance areas that comprise of risk management, human capital, execution governance, and leadership.

As a prolific investor, Glen is able to share his ideas through his blog posts on matters to do with business transformation, international fiscal matters, strategy, administration and global affairs among many others (ForexWizard). Glen is very passionate about executive development, innovation, and growth. Having lived in six countries with the responsibility of operations in thirty regions globally, Glen has received international recognition for his hard work and determination in his field of specialization. His achievements stand out worldwide. Glen is a force to reckon with and a beacon of hope to many aspiring entrepreneurs.