Fortress Investment Group: A Leading Private Equity Firm

In the United States, businesses which focus on investment and financial management have a higher chance to become successful over time. One of the best examples is the Fortress Investment Group, which was founded in 1998. Registered as a private equity company, the Fortress Investment Group provides services to business people that help their companies grow through the management of their finances and assets. The company was the idea of three visionary entrepreneurs who worked with different investment companies in the past. They are Wesley Edens, Rob Kauffman, and Randal Nardone. Working with several financial institutions in the past, Wesley Edens, Rob Kauffman, and Randal Nardone were inspired to create their own company that would offer the same services. When their business was realized in 1998, they started to work hard to become the largest private equity firm in the United States.

The founders started off with only a few million dollars on their hand, and after their establishment in 1998, they are only managing assets worth tens of millions of dollars. However, things have changed quickly as the founders met new business partners and clients. Their asset rose to hundred million, and new about their company spread all over the country. The Fortress Investment Group attracted new investors, putting their asset close to a billion dollars. In 2002, Peter Briger joined the company, serving as the principal, and he also contributed to the growth of the business.The Fortress Investment Group was soon introduced to the stock market in 2007 with the help from the New York Stock Exchange, offering 8% of the company to be sold to the public. $600 million worth of stocks were sold after the company’s debut, and it further raised its assets held at $65 billion.

The following year, global recession hit, and companies in the United States was primarily affected. However, the Fortress Investment Group managed to get through the recession and became more competitive than ever.Today, the company celebrates its 20th founding anniversary. The business established by Wesley Edens, Rob Kauffman, and Randal Nardone is now under the control of a Japanese conglomerate called the Softbank Group, and they purchased the company for $3.3 billion. Under the new ownership, Wesley Edens, Randal Nardone, and Peter Briger retained their titles as the principals of the company, and they are collaborating with other companies under the Softbank Group to determine what kind of approach they would have to apply to reach new heights.

Source of the article : https://www.bizjournals.com/newyork/cotm/detail/309/Fortress-Investment-Group

 

Susan McGalla Looks Out For Fellow Women

In 1964, Susan McGalla was born in the rural Ohio town of East Liverpool to one mother, two brothers, and a father who coached football – that made him as rough as fathers come, ultimately resulting in her two brothers ganging up on her with their fathers’ assistance on a regular basis.

Ms. McGalla realized from a young age that the social norm of the gender gap was meant to be broken. Over her 30-odd-year career, the bulk of which was spent in the fashion industry, Susan McGalla found herself on top of American Eagle Outfitters as its Chief Merchandising Officer and President. Ms. McGalla left the company just a few years after earning the doubly-important joint role to find employment at an even larger clothing company – that employer was none other than Wet Seal.

Susan started off her tenure at Wet Seal as its lead executive, though she soon thereafter left the corporate clothier in favor of creating P3 Executive Consulting, a popular consulting firm based in Philadelphia, Pennsylvania, where Ms. Susan McGalla has spent most of her life and currently lives.

Ms. McGalla’s greatest accomplishment hasn’t been mentioned yet, however. She effectively paved a roadway by herself to gender equality in the workplace – at least more equal than the workplaces of Philadelphia and surrounding areas ever have been.

One of the identifiable, describable ways that Susan McGalla helped bring women in through was sponsoring opportunities for young women fresh out of college to work for companies Susan worked at.

Following Vijay Eswaran’s Example And Realizing True Potential

One of the many objectives in life that people have is to realize their true potential. This could be done in any aspect of their lives including personal, relationships, business and plenty of other aspects. One of the areas where people often fail to realize their full potential is in their professional and business lives. This is often because of working jobs that they don’t like. To make things even worse, their earnings are limited because of them being stuck in their undesired position. Many people believe that this is all they can achieve in their lives as they move on with their unfulfilled dreams.

Fortunately, all that is needed in most cases are examples and encouragement. When people find the right types of examples, they not only find inspiration, but also find a way to learn all of the lessons necessary to achieve their goals. Among the lessons they can take from the examples that they learn from are the will to study and the type of work that actually goes into success. One thing that people will learn is that work can pay off in more ways than they expect. They just have to figure out for themselves what type of payoff they are looking for.

One of the examples that are worth looking at is Vijay Eswaran. Vijay himself has worked with the belief that the only way one is going to be able to support himself is if he is working a regular job in an office. This limiting belief is something that he has learned to overcome. This has brought a lot of freedom for him. He has achieved the type of goals that he had for himself and has grown a lot. This has given him the ability to teach lessons to others as they try to pursue their own goals.

Eric Lefkofsky: Giving Back To Others

While many may only know that Eric Lefkofsky is an American billionaire, what some may not know is that he is also heavily involved in philantrophy. Lefkofsky has his hand in many different business ventures due to the fact that early in life he became an entrepreneur with strong business instincts; however, those are also the same instincts that have given him the know how to give millions to multiple charities and to form a charitable trust called, the Lefkofsky Foundation.

The Lefkofsky foundation is a foundation that Eric and his wife started in 2006, as an effort to give back to the community with hopes of changing the lives of others for the better. The purpose of the foundation is to fund as any initiatives as possible that are considered to be high impact initiatives. The foundation focuses its attention to programs and initiatives that address educational issues, human rights, medical research, and cultural movements.

Eric and his wife Liz have a deep love for educational initiatives and firmly believe that obtaining a quality education is a right that everyone should have. It is because of this belief that the foundation has funded many initiatives when it comes to education including the High School Bound program and the Success Bound program. When it comes to medical research funding, cancer research gets a large chunk of donations and this is because Liz lost her sister to cancer and both Liz and her mother are cancer survivors, so better cancer research is something that Liz firmly believes in.

Eric Lefkofsky without a doubt loves his community and believes in giving back to others. With people like him giving to others, there is still hope for the human race.

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Jeremy Goldstein – Understanding the power of Caring

Jeremy Goldstein years of being a lawyer dealing with multinational and government agencies in matters pertaining compensation and corporate governance were the core ideal for starting Jeremy’s L. Goldstein’s and Associates.

He is a co-partner of this famous law firm that deals exclusively with advising the Chief Executive Officers, executive compensations matters, sensitive boardroom issues and among others. Jeremy is a member of Americans Bar Associates where he chairs the Sub-committee of the Mergers and the Acquisitions Business Section team.

He went to New York University for his J.D and later pursued Business administration from Cornell’s University, and for Masters, in B.A he enrolled in University of Chicago’s and graduated with honors.

Jeremy Goldstein states that during his talk with colleagues dealing in executive compensation he noticed a big gap on the governance circle. He grabbed a chance and created a room for offering matters that deals with payments and governance with his core duty is advising his clients on their career and pay. Read more: Jeremy Goldstein | Slideshare and Jeremy Goldstein | Quora

Jeremy states that the issue of compensation is quite sensitive and before taking any job he ponders on adverse effects on his life and believes that openness is the key to surviving in his industry. Connect with Jeremy on LinkedIn

Jeremy Goldstein states he has forgotten his bedside manners and always on call 24 hours with full dedication to negotiating, advising, and drafting to meet clients satisfaction. Learn more about Jeremy Goldstein: http://identyme.com/JeremyGoldstein and https://www.chambersandpartners.com/USA/person/485609/jeremy-goldstein

Jeremy manages his time by only taking extraordinary transactions that need his particular skills and experience and bringing his ideas to life is often possible by blending his years of expertise to rhyme with current assignment.

Jeremy Goldstein appreciates the executive compensation and the corporate governance is in stable place ensuring business ideas grow to high levels without boardroom issues.

According to Jeremy, it’s time for executives and the company owners to focus on their primary key drives of the business performances.

He states linking of pay with performances strategy is the key to growth. Being a great lawyer is about giving knowing your clients and associating with them either professionally and socially.

Jeremy believes in speaking to his clients periodically, and he gives his readers the Knock Out option as the way of creating a winning business idea.

Jeremy Goldstein recommended aggressively buying new technology and frequently and prevents crashing of devices like a computer by purchasing new ones. Growing a business is a strategy and keeping in touch and taking an interest in people is essential.

Highland Capital Management: The Importance of Sponsorships

The reputation of a company increases through partnerships and sponsorships. The Highland Capital Management firm understands that which is why they readily donate money to have their name displayed. Read more at Biz Journals about Highland Capital. James Dondero and Kenneth Hersh are the leaders of the management firm and released an important announcement in January of this year. The Highland Capital Management firm announced earlier this year that it would be donating $10 million to the George W. Bush Presidential Center. The donation is an endowment gift that aims to sustain and support the firm at the center. The award allows them to showcase their firm. The sponsorship will read, “Engage at the Bush Center, presented by Highland Capital Management.” This is not the first time that the company has given millions of dollars to fund their sponsorship. Altogether, the firm has donated more than 5 million dollars for the same reason since 2012, not including their most recent gift. This is the second sponsorship at the George W. Bush Presidential Center. Read this article at PR Newswire. The first series featured Christopher Scalia who was a well-known author. The sponsorship talked about his deceased father, Antonin Scalia, who served as the U. S. Supreme Court Justice. The firm has an excellent reputation with the center and is recognized as a founding benefactor. To be considered an entity that gives to help a cause is a great honor. The Highland Capital firm is located in Dallas, Texas. It is a multibillion-dollar organization that aids in business development through loans, private equity funds, mutual funds, and hedge funds. James Dondero and Kenneth Hersh are the co-founders of the company. James Dondero also serves as the president. Kenneth Hersh also serves as the CEO. James Dondero has more than 30 years of experience in credit markets which is part of the reason the company is so successful. He also currently serves as the chairman of Cornerstone Healthcare Group Holdings and the CCS Medical and NexBank Capital firm. Dondero is a man of many talents as he serves on the executive board of the Southern Methodist University Cox School of Business. He is a member of the Executive Advisory Counsel. He became a member of this council through invitation.

View: https://patch.com/texas/across-tx/trey-parker-becomes-co-cio-highland-capital