Category Archives: Investing

Wes Edens, a Different Kind of Investor

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Wes Edens is a different kind of investor. As the Fortress Investment Group co-founder and the Milwaukee Bucks co-owner, he has always been a bit of a risk-taker in what he chooses to go after in investments. Being part of such giants as Blackrock and Springleaf added to the experience of Wes Edens in both the financial sector and the stock market in general. He sees companies and opportunities from a different lens. In fact, one of his more recent areas of focus is in transportation, specifically the railroad systems. Amidst issues with trains in the United States, Wes Edens sees an opportunity for ease of travel. Brightline, is a transportation company which is going after just that. It is providing quick, and seamless travel to places that are too far to drive but too short to fly, per Edens in an interview by Lonely Planet in September. This is just who this man is. He sees an opportunity and he capitalizes on it! With a track record of success under his belt, there is no stopping him. Read the article of Wes Edens at wingsjournal.com

Finance and transportation are just part of the interests of this financial guru. Edens has a passion for sports as well. This is where his purchase, with a partner, of the Milwaukee Bucks came into play. In addition, he added to his sports portfolio with the recent purchase of Aston Villa Football Club, a soccer team from Birmingham, England and part of the English Football League.

Initially Wes Edens set himself up for success by majoring in finance at Oregon State. His work right out of college with California Savings and Loan, Merrill Lynch, and Smith Barney only added to his arsenal of knowledge. From there he continued to gain knowledge through many different positions at a variety of companies, thus providing him with a kaleidoscope of wisdom. This is why Wes Edens is so good at what he does! Knowledge and experience have propelled this man into his success; a success that doesn’t look like it is waning any, but rather continuing to increase.


Source: https://www.bloomberg.com/research/stocks/private/person.asp?personId=372235&privcapId=3554707&previousCapId=666715&previousTitle=Fortress%20Investment%20Group%20LLC

 

Softbank to make a $3.3 Billion Acquisition for Fortress Investment Group

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The billionaire founder of Softbank, Masayoshi Son, has now thrown himself into the world of hedge funds and private equity. The self-proclaimed creator of the ‘tech Berkshire Hathaway’ announced his $3.3 billion acquisition of Fortress Investment Group which is an alternative asset manager in the United States. The acquisition deal by the Japanese company comes at a time when Softbank is carving a distinct place in the global market as one of the largest investors. Softbank has traditionally focused on the internet business together with telecommunications. Softbank is also planning to launch $100 billion in technology funds. This will be a first in the history of the tech business. The $70 billion in under management assets together with the $8.08 per class-A share for Fortress represents a 38.6% premium to the stock closing prices. On Wednesday last week, Softbank shares rose by 0.7% in Tokyo. This was mainly in line with the wider market share. Fortress Investment group Shares increased to $6.21 which represented a 6.5% rise from the previous trading. The jump in the shares took place before the deal was made public.

Moreover, Fortress Investment Group shares would continue to rise to $7.78 which represented a 25.3 % increase in value in after-market trading. Mr. Son released a formal statement where he said that Fortress Investment professionals would work in collaboration with Softbank in a bid to make Fortress’ Vision Fund a success. The Vision Fund is headed by a former debt trader who worked for Fortress Investment Group before moving to Softbank. Rajeev Misra was born in India and joined Softbank in 2014 as the chief of strategic finance. The individuals who got involved in the six-week acquisition of Fortress Investment Group said that it underlined Mr. Son’s ambition and vision. The Softbank’s founder has said that he is going to acquire a second and even a third fund that will follow the Vision Fund.

The Fund now has the backing of Foxconn from Taiwan, Oracle, Apple and the sovereign wealth fund from Saudi Arabia. Fortress Investment Group has people with a wider range of skills and expertise in many different industries. However, the tech industry has not been the main niche where Fortress has decided to make investments. The company mainly invests in senior living, private equity investments in consumer finance, the media sector, transport, real estate among other ventures. The $3 billion sale price is a far cry from what Fortress Investment group was valued at in February 2007 when it came into the limelight. The fortress became the first private equity group to go public at the peak of a buyout boom which had been leveraged. Fortress Investment Group was valued at $7.4 billion by its initial public offering. However, the company’s value inflated by more than 100% to over $14 billion just minutes after its debut in the stock market. Fortune’s assets did not recover from the last financial crisis as did many of the other alternative asset managers. Fortune Investment Group’s significant hedge funds suffered customer outflows and losses that led to its closure in 2015.

How Marc Sparks Helps Others

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American businessman, Marc Sparks is a successful entrepreneur and venture capitalist. He has a special interest in telecommunications and has created multiple businesses pertaining to that area of interest. Some of his successful telecommunications businesses including Blue Jay Wireless, Splash Media, and Cardinal Telecom. His success in his companies is a result of hard work and dedication.

 

Besides his many successful businesses he also has helped to create many other businesses through his funds. As a venture capitalist, he gives funds to businesses he believes could find major success and his funding has led to great returns for him. Marc Sparks has a passion to help other people realize their potential and create and start their own businesses.

 

Marc Sparks has the desire to help other people and because of this has created a way to share his knowledge with other people. His work has led to great success financially for him and because of the success, he has experienced he wrote a book to help other people experience the same thing. His book “They Can’t Eat You” is intended to motivate other people who are in or who are going to enter the business world. Through his tips and words of motivation, he hopes to give people the words of advice that can lead to their own success.

 

With his passion for helping other realize their potential also comes the passion for helping those in other areas of needs. His success has lead to an abundance of money that he himself does not keep to himself but instead shares it with others. He is a donor to programs in Dallas that help kids get their high school diploma. He does more than just donate money he also donates time. He works with Habitat For Humanity, The Samaritan Inn which is a local homeless shelter. His philanthropic endeavors are a part of his life and through his success, he is able to volunteer not just his money but his time as well.

 

As a businessman and a successful one, Marc Sparks has created multiple businesses, funded other companies, and helped other people realize their potential through his words. Through his hard work and passion, he has been able to create a career that has allowed him to help others who want to recognize their own business dreams as well as people who are in need. Marc Sparks continues to help others through his hard work and philanthropic efforts.

 

The U.S. Money Reserve Continues To Serve The Public

Published / by FitGuru

In recent years the demand for gold has exploded. In a recent article by the Gold News Network Fold Survey in 2014 wrote that the demand for gold from 2004 to 2013 has increased dramatically by a total of 70 percent. In 2013 according to a prnewswire.com article the ETF Holdings liquified 881 tons of gold in 2013, this resulted in a decrease in the price of gold which was the perfect opportunity for prospective buyers. This was especially true for those individuals that live in China as well as all those who live in the United States that were aware of this incident. You might ask yourself where is all this gold going? The answer is simple, the demand for gold is massive currently and all the gold is being used up by the pure physical demand. This will allow for a shift in the market making the ownership of gold just that much more profitable.

It has been seen in years past that global unrest has typically seen an increase in the price of gold. During difficult times many people seek the proven stability as well as safety of the precious metal, gold. There are many current international issues that we need to be aware of and that effect the price of gold directly. These are the current ISIS terrorist threat, tensions between Japan, China, Russia and the Ukraine as well as the nuclear threat imposed by North Korea and Iran. This uncertain climate has people looking for safe choices for the future. Every member of the public should prepare for an uncertain future and make the wise decision by investing in physical gold. The idea is to move away from paper currency as these have shown in the past to be very unstable as the governments that print them can crumble at any time.

The U.S. Money Reserve is glad to help all customers wanting to make the transition to precious metals for their personal portfolios. There is the availability of a free gold information kit which will provide the customer with all the necessary information to make a step in the right direction. The U.S. Money Reserve has had a proven track record for over a decade of helping clients diversify their asset securely and safely. For further information concerning precious metals and the company follow them on Facebook, Twitter and LinkedIn.