Menu

Let’s Big Chipper

Food For The Sweet Tooth

The Great Story of Wes Edens

Wes Edens is among the most reputable personalities in the global finance department. Wes Edens is highly respected because of the achievements he has been initiating in the finance world. As the founder and chairman of one of the large financial services company in the entire world, the businessman knows how to make the right investment choices and avoid getting into financial troubles. The serial entrepreneur has been fortunate in most of his investments, and this is why he is considered to be among the top billionaires in the world. The success that has been registered by this finance executive is always the talk of the town for most people. There are millions of people who envy him and want to become just like him.

Wes Edens was always a hard working person, even when he was a very young boy. His hard work is believed to have brought him the kind of joy he enjoys at his present life. Although careers in finance are quite difficult, the businessman has learnt how to persevere, and this is why he has brought one of the large companies in the country. According to the portfolio of the renowned businessman, Wes has a degree in finance, and he got it from a prestigious university called the University of Oregon. The teachers in this institution made sure that by the time Wes Edens was graduating, he was fully prepared for the challenges that come in finance. Thanks to the great skills he acquired at the university, the finance executive has managed to start a large company and offer his skills so that the company can beat the tough competition that exists in the recent times.

When Forbes published the list of some of the wealthiest people living in America, many people were not shocked to see the name of the finance executives. Wes has been very careful when making his decisions, and he has managed to establish several businesses with his skills in finance. The businessman has tried his best to ensure that most of his wealth is used in the right way. Just recently, the investor announced that he had successfully managed to start a sports team that will be working with his sponsorship. The team offers many young people the opportunity to explore talents and bring the good changes everyone has been dreaming about. Wes Edens is so generous with his income tool. The businessman gives his wealth to the people who are less fortunate.

Why Peter Briger is the King in the Finance Sector

Peter Briger is a reputable individual in the finance sector. He is the best-known entrepreneur when it comes to the management of loans and debts. He has practiced this for many years, and that is the reason he has become perfect with many companies benefitting from his great insights and ideas. Currently, Peter has made a good name in the Fortress Investment where he serves as the principal. He is also a co-chairman in the company. He has helped it achieve great success and thus has been promoted to be among the list of billionaires in the world. He was featured in Forbes among the 400 business elites.

The Start Of His Career

Everything has a beginning, and Peter Briger must have started somewhere. He began by first acquiring the right skills from university education where he went to Princeton University which is a known prestigious institution. After completing his degree, he thought it was not enough and decided to advance attending Wharton Business School and obtained an MBA from the coveted business center. Having a background in education ensured he could now start his career. He joined Goldman Sachs and served in different positions. While here, he led the company into achieving big success because he could attract customers. After serving Goldman Sachs for fifteen years, he had now become an expert and ready to venture to other more challenging businesses. He left the company in 2002 after building it to become a world business and went to join Fortress Investment Company because he wanted to work with individuals who were experienced in finance. With the skills obtained from Goldman Sachs, he joined other people with similar goals like Randal Nardone and Wes Edens, and they started their investment. The team decided to work together, and Peter Briger was tasked to head the real estate sector as well as the credit fund.

Succeeding With Fortress Investment

When he started Fortress Investment Group with other like-minded individuals, Peter Briger used the skills he had gained while working for Goldman Sachs to expand the business. With these skills, it was easy for him to transform the business. With his help, the company established a strong foundation for growth and increasing its earnings. He works hard and smart in his department to ensure there is an increase in the earnings of the company. Today the organization has become one of the largest around the world and many clients are benefitting from sound advice from Peter Briger.

The Investment Sector Moved by the Growth of Fortress Investment Group

Diversification of investment strategies is one of the aspects that have seen Fortress Investment Group rise to glory, and become one of the leading investment managers globally. The company was started as a private equity firm in 1998. Its founders were Rob Kauffman, Wes Edens, and Randal Nardone. The three portfolio management gurus had come from other reputable financial organizations like Goldman Sachs, Lehman Brothers, UBS and BlackRock Financial Management, where they had gained vast experience and expertise assets management.During the formation, Fortress Investment Group managed a very tiny portfolio of about $400 million in assets under management (AUM). This later grew at a very alarming rate to reach $3.9 billion within its first five operational years. By the year 2007, Fortress’ had managed assets more than $32.6 billion.

In 2002, Peter Briger joined Fortress Investment Group as a co-principal. This brought a very robust impact on the company’s management, an aspect that saw the company’s size skyrocket. In 2007, Fortress declared its first Initial Public Offer. This historical event made the firm to gain very positive publicity, a thing that every other company in the industry admired. As a result, other companies of its type and magnitude followed suit and started going public. Under the effective management of its principals, Fortress Investment Group has continued to shine in the international investment industry. This has seen the firm receiving numerous performance-based awards and accolades in the industry.

For example, in 2010 and 2011, the Institution Investor magazine named Fortress the “Credit-Focused Fund of the Year.” Later in 2012, Fortress was named the “Discretionary Macro-Focused Hedge Fund of the Year” by the same Institutional magazine. In 2014, HFMWeek, the leading publication in the alternative asset industry and the Institutional magazine named Fortress Group the “Management Firm of the Year” and the “Hedge Fund Manager of the Year,” respectively. In 2017, SoftBank Group Corporation, a Japanese firm headquartered in Tokyo acquired Fortress Investment Group for a total of $3.3 billion in cash. This move saw the ownership of all Fortress outstanding shares transferred to SoftBank and its fully-owned subsidiaries. The acquisition, however, did not affect the leadership of Fortress Group. Despite being under SoftBank, the company continues to run its operations independently under the leadership of its able principals; Pete Briger, Wes Edens, and Randy.

About Fortress

Fortress currently manages assets in excess of $63 billion for its clients who comprise both institutional and private investors. The firm also has employed more than 1000 personnel worldwide to enable effective running of its operations.

Eric Lefkofsky and Tempus Score Big In Fundraising Efforts.

There is a concerted effort being put into refining and reforming the medical industry and Eric Lefkofsky, co-founder of Tempus, is helping to lead the way. Tempus is a data-driven firm that is focused on helping patients and medical professionals to compile data into an easy-to-access format so as to make cancer care more effective and efficient than ever. Tempus was established in 2015 and over the past three years, the company has managed to grow by leaps and bounds. With dramatic funding efforts underway, Tempus looks to be lined up to do big things in 2018 and beyond.

Tempus is a Chicago-based start-up that has been working within the tech industry and succeeding thanks to Lefkofsky’s unique ideas. Lefkofsky pioneered the creation of Tempus after seeing first-hand the harsh realities of cancer care in the current medical climate. Lefkofsky saw early on how important accurate and accessible information was for both medical professionals and patients currently working their way through a diagnosis.

Tempus currently rosters nearly 400 employees and their company is forecasting adding a dramatic amount of new workers to the roster on a continual basis going forward. Tempus is adding roughly 30 new employees per month and that pace is expected to continue going forward. With this continued expansion, Chicago is sitting pretty as the home of one of the most important new tech-based medical companies in the country.

Right now, Tempus is valued at roughly $1.1 billion according to their latest valuation. This valuation number allows Tempus to score the ‘Unicorn Status’ label that so few companies can ever actually claim. Tempus recently announced that they had received an additional $80 million in funding from a group of different investors, pushing their total investment numbers past $210 million since their inception in 2015. Among the new investors are clients like New Enterprise Associates, T. Rowe Price Associates, Kinship Trust Co and Revolution Growth.

Lefkofsky calls his work with Tempus more than just important, he claims that it is indicative of a ‘paradigm shift’ in the medical and technological field. With any luck, this will serve as just the beginning to a huge year for Tempus and cancer care patients everywhere.

Avaaz Mobilizes Hundreds Of Thousands To Counter Extremist Politician

It is difficult to believe that a major European political figure today can still publicly proclaim that women are not as smart as men, are weaker than men, and therefore, should be paid less.

But that’s just what JanuszKorwin-Mikke, a far-right Polish member of the European Parliament, did during a recent debate in this important government body.

Radicals like Korwin-Mikke might never face consequences for holding such dangerous and backwards views if it were not for organizations like Avaaz. The group quickly mobilized hundreds of thousands of activists who put together a petition of 935,000 names to suspend Korwin-Mikke.

The result was an unprecedented set of penalties for the Polish politician which included a suspension of his parliamentary allowance for 30 days (about $11,000) and a 10-day suspension from all parliamentary work. He was further suspended from representing parliament for a full year.

This sordid event is proof that Avaaz is an activist organization that truly gets things done and can sway what happens at the highest levels of world government.

Avaaz is an online activist group with tens of millions of members. They sign up at the groups Internet site to take on the positive social cause of their choice. That cause might be fighting the blatant sexism and racism as demonstrated in the above case. But Avaaz is also advocating for a wide array of causes that represent some of the most pressing problems of the world today.

For example, Avaaz members are working hard on climate change, fighting poverty, countering the brutality of autocratic governments, working for minority rights, helping war refugees, fighting the degradation of rain forests and ocean water, keeping the media free and honest – and much, much more.

Avaaz is powerful because it gives voice to ordinary people living anywhere in the world. That’s what the word Avaaz means: “Voice.” Since forming in 2007, Avaaz has grown into the world’s largest and most effective online activist group.

Every day, Avaaz brings together tens of millions of people who prove consistently that when people organize and take action, positive change can become reality.

Avaaz Youtube channel:  Youtu.be/wzI6I_J-rvo?list=UULFyRCbuBI-q5Ltdcl11tDg

Sahm Adrangi: Co-Investing to Short Stock

Reuters received insider information about Kerrisdale Capital Management, raising $100million to bet against a single stock, from investors. Kerrisdale is a relatively small company based in New York, founded by Sam Adrangi.

Before this brilliant idea by Kerrisdale, hedge funds managers used to pool funds to concentrate on a specific investment premise such as recuperation of ailing energy companies. However, this original ‘co-investment’ fund idea by Kerrisdale is a first in the investment market. They plan to use the fund to short the stock of an upcoming public company.

In an email reviewed by Reuters, Sahm Adrangi informed the investors that they had gained acceptance within the alternatives community by raising a significant amount of capital in a short time. He added that they had taken a company worth more than $10 billion and attempted to make everyone understand their imagination about it.

The email continues to reveal that Adrangi is working with Shane Wilson who is a Kerrisdale analyst focused on the new campaign, to generate a report, video, create a website and come up with additional means of convincing more people of their thesis.

The anonymous source who insisted on their anonymity since the information they gave was not intended for public release, added that the targeted company is scheduled for a mid-May unveiling. To establish its position in the new company yet to be named, the fund has been acquiring stocks by the day. For more info about us: https://www.benzinga.com/topic/sahm-adrangi click here.

In the recent past, Kerrisdale has managed to short the stock of companies such as drug makers Sage Therapeutics and Zafgen, and satellite company Globalstar. Kerrisdale now manages about $500 million. They use this money to bet against companies and taking its case public.

The insider stated that Kerrisdale’s primary hedge fund had made an average annual profit of about 28% over the last five years.

Adrangi is a former investment analyst at Longacre fund management, a private partnership with over $1.2 billion in assets. Previously he worked at Chanin Capital Partners in bankruptcy restructuring. Before this, he worked in the leveraged finance group of Deutsche Bank.

Sam holds a Bachelors of Arts in Economics from Yale University and has been involved in all aspects of Kerrisdale’s development since he founded it in 2009.

Andrew Rolfe Helping Others

Andrew Rolfe is someone who has had a lot of success in the business world. With his financial resources, he is now looking for ways to help others throughout the world.

He is the founder of the Ubuntu Fund. This is a group of investors who want to use their wealth to help others throughout the world. Andrew Rolfe is the type of person who gets excited about changing the world through his giving.

Over the years, the goal of the Ubuntu Fund has changed. In the beginning, the group of investors concentrated on providing basic needs to people in various areas. However, they are now investing in things like education and technology.

Andrew Rolfe

For Andrew Rolfe, business success came early in his career. He is great at starting and running a business. Not only does he have a natural strength with numbers and financial planning, but he is great with people as well.

He started out in the corporate world and worked his way up the ladder quickly. However, he wanted to do more with his life than make other people rich. He decided to start spending some time and money investing in his local community. When he started the Ubuntu Fund, he never thought that it would grow to what it is today.

Future Plans

Andrew Rolfe decided to start investing in the education of children around the world. He wanted to take an approach where he could change an area forever through his work. Andrew Rolfe now invests in an area to provide things like internet and running water.

After the area has basic needs covered, he will finance the construction of a school. He strongly believes that education is the best investment for people who want to get out of poverty. He is excited about all of the possibilities in the years ahead.