Tag Archives: Investment

Eric Lefkofsky’s Philanthropic Efforts

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Eric Lefkofsky has been helping people in the Chicago area for years through various philanthropic ventures. He and his wife created the Lefkofsky Family Foundation that focuses on health, education, human rights, and the arts. Here are some of the fruits of their efforts. They have a website called High School Bound that offers information on different high schools in Chicago. Success Bound helps school counselors improve their student’s attendance, grades, and high school advancement. 10,000 students have been helped through the program. The Academy for Urban School Leadership has trained more than 1000 teachers to work in schools with the lowest performances through its’ Chicago Teacher Residency program. 31 schools and 17,000 students have benefited from these efforts.

After School Matters has helped 200,000 teenagers through its’ after-school and summer programs. The kids learn science, sports, and technology through hands-on training. Teach For America Chicago has recruited 210 principals and 1000 teachers that instill educational excellence in 125,000 students. The American Brain Tumor Association is a nonprofit organization created only to fund research and provide resources to patients with brain tumors. The John Hopkin’s Sidney Kimmel Comprehensive Cancer Center treats the most patients with pancreatic cancer in the US.

Their researchers try to find better ways of treatment, and hope a vaccine will be available soon with support from the LFF. The Ann and Robert H. Lurie Children’s Hospital of Chicago has the Lefkofsky Pediatric Intensive Care Unit that helps 1600 patients annually. Liz and Eric Lefkofsky Innovation Research Awards are given to investigators of cancer research at Lurie Cancer Center in Chicago. It is located in Northwestern University. Chicago Ideas invites 1200 high school students to their public events. Speakers, businesses, and member of the local community teach them about the different opportunities they have for the future.

Randal Nardone: The Investment Guru you should All know

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Randal Nardone is a teacher by profession who acquired his teaching qualifications degree in English and Biology from the University of Connecticut. He is a Co-founder of Fortress Investment Group, asset management and investment group that offers investment advice to private clients while participating in private businesses of buying and selling assets. Currently, Nardone is the sitting Chief Executive Officer of Fortress Investment Group where he has the responsibilities of overseeing and managing more than $43.6 billion worth of assets. Randal is in charge of all financial and legal matters at Fortress Investment Group while at the same time taking charges of Fortress Credit Corporation and Fortress Credit Investment Fund IV.

It is also worth highlighting that he serves as the Director of Fortress Registered Investment Trust. His previous work experience was at UBS where he held the director’s position between 1997 towards the middle of the following year. Additionally, Randal Nardone has served as an executive committee member at Thacher Proffitt and Wood. Nardone has been a board member in various entities where he has been offering critical support to the development of companies. Some of the organizations where he has operated as a board member include the Brookdale Senior Living, Eurocastle Investment, and Gagfah. He is an Executive Management Member of New Residential Investment Corporations. Moreover, Nardone has been serving as the President of NCS and the vice president as well as secretary in Newcastle Investment Holding.

It is worth highlighting that Randal Nardone serves in other boards of directors in different organizations. His greatest achievement is the formulation of Fortress Investment Group which offers asset management to its clients around the United States. The organization has a high reputation in the industry due to the expatriate services it offered to its customers. Despite buying low-value assets and selling them later at large profit margins, Randal Nardone is credited due to his ability to register Fortress Investment Group at the New York Securities Exchange. Fortress Investment Group became the first asset management entity to be registered for public trading changing the dynamics of the industry. Lastly, Randal Nardone is a billionaire and has been listed in the Forbes Billionaire’s list in the year 2007. During this period, Nardone was estimated to have assets worth more than $1.8 billion. Surprisingly, Nardone achieved this mark after the organization went public with its initial public offering in the same year. Randal ranks 557th billionaire on the Forbes Billionaire’s list across the globe.