Fortress Investment Group: Merger Announcement

Fortress Investment Group is a leading investment management firm in the world with more diverse services in the field. It was founded in 1998 through the initiative of three principals who hold leadership position today in the firm. As of March 31, 2018, the Company has managed an approximate of $40.9 billion on behalf of the institutional and private investor clients across the world. They are over 1,750. Their services range from private equity, credit & real estate, and permanent capital investment approaches. The Investment Group operates from New York City but has other offices in various locations. Upon its founding, the primary service was private equity, but since then it has expanded their services to some investors in any capacity. It extended the services to include hedge funds, debt securities, and real estate investments. The company underwent massive growth between the year1999 and 2006 where the private funds counted to 39.7 percent.

Fortress Investment Group was the leading private equity firm to be traded publicly in the United States in the year 2007. The continued success labeled them the Management Firm and Hedge Fund Manager of the year. They are significantly recognized for their continued success and the ability to rise above the storms that face them. Early last year, SoftBank Group Corporation revealed that they were in the process of acquiring the Fortress Investment Group for a value of $3.3 billion. The acquisition was completed late within the same year in December. Currently, the Group is under the SoftBank Group; however, they continue to have their principals at work and remain in the same headquarters. The Investment Group will keep on operating as an independent business corporation with its offices in New York City.

SoftBank said that they are dedicated to maintaining the leadership, business brand, model, processes, personnel, and culture that has been in the Fortress Company making it successful thus far. Due to the acquisition, little changes will be witnessed. This includes the conversion of the Fortress Class A share into $8.08 per every share in the form of cash. Everything will be run according to the merger agreement that was made on June 7, 2017. The common stock under Fortress Investment Group will not be functional, as it will be delinked from the New York Stock Exchange. All the financial results for both firms will be linked together and reflect on the consolidated financial statements of SoftBank Corporation. The impact of the consolidation is yet to be announced by SoftBank.

 

PSI-Pay Paves the Way for Future Transactions

Technology is changing the ways business and consumers interact nearly everyday. Consumers using physical cash or a credit card may soon be a thing of the past. A company named PSI-Pay is predicting the market will favor contactless payments in the near future. In fact, in the United Kingdom, the contactless payment trend is catching faster than every expected. The website Hitech Chronicle recently published an article about this recent trend in the market and how PSI-Pay is at the forefront of this market shift.

Stores across the United Kingdom have began contactless payment equipment due to high demand of consumers paying with this new method. PSI-Pay is leading the change with a partnership with Kerv Wearables. The service allows consumers to pay using their accounts like normal, but the twist being you don’t have to touch anything. Just a swipe of a simple ring will do the trick. Kerv Wearables has a large variety of ring sizes for users to choose from.

There is no doubt about contactless payments catching on across the world. Consumers prefer to have the transaction to be seamless and quick. They will no longer have to waste time going through their pocket or purse for the right payment form, instead its right there on the finger. There is already a strong signal for this market with the rise of digital payment forms such as cryptocurrency and google wallet. In addition, PSI-Pay reported its strongest year to date in 2015. While the traditionally cash based charity system, is also turning to digital currency transactions.

Ideas that we once were impossible, are slowly becoming reality thanks to modern advances in technology. Recently for example, a sizable portion of the population have become cell hones users. Using that as a base, the next step would be wearable technologies. PSI-Pay runs the digital currency transactions, while Kerv Wearables creates rings for users to wear. Just a quick swipe and the transaction is completed. Having the power to do this in seconds and the system being connected to your bank accounts, makes it extremely efficient. These two companies will only continue to grew as contactless payments expanded into new territories.

A Look at Bob Honey Who Just Do Stuff by Steve Penn

Sean Penn’s novel Bob Honey Who Just Do Stuff is a dystopian satire based on Penn’s left-leaning view of modern day society. It’s a strange read — part poem, part rant, part comedy, part crazy — and deliberately so. As he says in an interview with Trevor Noah, “The way not to join the common madness would be to laugh.” To the observant reader, there are many interesting metaphors and similarities between Penn and Honey, and between Penn’s world and Honey’s world.

The main character is Bob Honey. He is divorced, a septic worker, and a contractual hit-man hired by the government. How does he kill people? By bopping them on the head with a mallet. His targets, chosen by the government, are usually elderly, and are chosen because they are using up too many resources. Within the world of Bob Honey Who Just Do Stuff, this is seen as a service to the nation, and might be linked to Sean Penn’s views on elderly corporations who use up too many natural resources.

The main theme of Bob Honey Who Just Do Stuff revolves around civil service. Penn notes that there is an increasing amount of people who are discontent with the way things are in the world, but who respond only by venting their frustrations over the internet. He believes that if more people were to engage in service, they would carry that responsibility with them and address the problems they see in more constructive ways.

Penn is well known for his humanitarianism, acting as a war correspondent and springing to service in the aftermath of the Haiti earthquake. As a parallel, Bob Honey surveys the scene after the Iraq war, then rushes back to the United States to help in relief efforts after a hurricane. Both are extremely passionate about the state of the world and helping others, and both become increasingly asocial as the nature of their jobs start to wear on them (Penn states that he was no longer enjoying the social aspects of his job as an actor, and turned to writing his first book as a welcome reprieve).

Bob Honey’s comment about the #MeToo movement has gained some interest — Honey criticizes it for its potential to ruin men’s lives without due process. Penn takes any backlash he receives in stride, though. To him, this is only a novel, and people will interpret it as they will.

William Saito Success In Technology

Born on March 23rd, 1971, William Saito is an American-Japanese businessman and former advisor to the Japanese government on matters of cybersecurity. He got involved in the technological world at a tender age. At the age of ten, he got an internship in computer programming at a stock brokerage firm. He founded a tech firm while in college which he operated from his dormitory room. The company grew to become influential in the software industry with technologies such as the fingerprint authentication. I/O Software Company continued to excel and in 1998, Saito was selected as the Ernst & Young Entrepreneur of the year. He later sold the company to Microsoft. Saito has produced a book that details his struggles of developing a technological company in the eighties when personal computers started to develop.

Developing interest in the tech world

William Saito was born and raised in Los Angeles, California and at a time when the technological world was revolutionizing due to the advent of personal computers. He became fascinated with the technology at a tender age and his math teachers recommended him to get a personal computer to sharpen his math and science skills. In his book, he indicates that he always had an engineering mind while growing up and got interested in knowing how gadgets worked. During the seventies and eighties, computers were transitioning from mainframe to personal computers. Early personal computers were less complicated but very expensive. As recommended by his teacher, his parents purchased a personal computer worth five thousand dollars. The computer helped him develop the interest of the computing technology. While in high school he was offered an internship in computer programming at Merrill Lynch.

Venturing into technology industry

According to Saito, the connection between people brought by the internet was intriguing. Bulletin-Board-Systems technology enabled people to connect with one another across the world. Saito’s exploration into the computing world began when he started working with various Japanese companies as a translator. While still in college, he started developing software that became prominent in the computing industry. He was approached by many companies prompting him to team up with college friends to start the I/O software Inc.

The Chainsmokers Star Continues To Shine Bright in 2018

This year is undoubtedly going to be a fantastic year for The Chainsmokers’ career. The DJ/Production met in 2012 when Alex Pall was introduced to Andrew Taggart by Adam Alpert, their current manager. Initially, the duo focused on creating electronic beats and remixing Indian bands. They made electronic beats and solicited the services of vocalists and songwriters to portray the emotional aspect in their music. The Chainsmokers released more singles like “Roses” and “Don’t Let Me Down” that enjoyed massive airplay and success.

In July 2016, The Chainsmokers released a song called “Closer.” They featured singer Halsey and Taggart on the vocals. This was a first time for the DJ duo and the song topped local and international music charts. After the release of the song, Alex and Taggart spoke to Interview Magazine and Pall said that this new style and identity would change their live performances and they would now incorporate live music performance shows and their DJ shows to give their fans new and exciting experiences.

This year, The Chainsmokers have proved to be unstoppable from dropping radio hits, energetic live performances to winning awards. They are currently working on their second album which features songs like “Sick Boy’ released in January, ‘You Owe Me” that was put out in February, Everybody Hates Me” and “Somebody.” All the songs have been received well globally.

At this year’s Billboard Music Awards, The Chainsmokers were celebrated as the number one electronic/dance artist. Earlier in the night before receiving this award, the DJ duo together with Halsey was accorded the chance to pay tribute to Avicii a pioneer dance music DJ and artist that passed away on 20th April this year. They showered him with praise for being a trendsetter and inspiration to the electronic dance music fans and artists. Halsey urged everyone to show love and encourage friends and family members who were troubled by mental disorders. She added that Avicii was a happy person and everyone enjoyed working with him. Later in the night when receiving their award, the duo dedicated it to Avicii for being an inspiration to them.

https://www.forbes.com/sites/hughmcintyre/2018/05/28/the-chainsmokers-debut-album-is-now-the-third-longest-running-no-1-on-the-dance-chart/#95bf4069c7a3

Wes Edens The Visionary Investor

Wes Edens The Visionary Investor

At position 962 on the current Forbes billionaire list is Wes Eden. Wes Eden is a New Yorker and a family man with a spouse and four children. The self-made billionaire made his money at Fortress investment managers, a company which he together with four others cofounded. The company would later merge with a Japanese franchise- SoftBank- in a deal that allowed Fortress Investment group to be an independent partner still based in New York.Wes Eden is a Bachelor’s holder in Finance and Business Administration from Oregon State University. Before joining Fortress Investment, Wes Eden had worked with various companies including; California Loans and Savings, Merrill Lynch, Smith Barney. He could come later in the late 1990s to join Randal Nardone and Robert Kauffman and together they could co-found Fortress Investment.

Later in the early 2000s, Fortress management team would be joined by two other principals, and along they have propelled the company to a leader in the financial world.Fortress investment employee’s reviews are a clear indication of how much the leadership is working to make the environment in the workplace conducive. One of the critical values instilled in any employee of the company is the customer is the priority. Managing their customer’s assets and maximizing potential is all they live to do. With an excellent compensation strategy of the company for its employees, it’s no doubt it’s a dream work location for anyone.Apart from his involvement in Fortress, Wes Eden is a definite sports enthusiast. His investments in the sports industry evidence this. In 2014, alongside Marc Lasry, they acquired Milwaukee Bucks, a sports team within the National Basketball Association.

Since then they have embarked on rebranding themselves while seeking glory.Being the visionary business partner he is, Wes Eden has taken an early opportunity to grab the chance to invest in e-sports ‘League of Legends’. With his brand the FlyQuest it’s clear that they are out in search of greatness. FlyQuest is out in search of a great experience regarding competition and winning glories in that space.FlyQuest aims to grow to be a global brand, and in this, they seek to effectively utilize the business partnerships and the networks created by Wes Eden over the years to grow into the status fast. The growth also will require expertise to ensure that it is sustainable even as we enter the future of sports.

Academy of Art University Ventures into Augmented Reality

Augmented reality has become a very popular topic among many people. For one thing, this is the type of reality that uses the real world for entertainment. This is a lot different from virtual reality which relies on worlds created from scratch.

One thing that is certain is that a lot of developers are looking at ways they can profit from this new invention. Augmented reality has taken off in such a huge way that universities like Academy of Art University is offering classes in augmented reality. However, the purpose that AAU has towards augmented reality involves benefiting communities.

One thing that has been invented with the use of augmented reality is Tenderfeels. This was invented to help students find solutions to social issues in the Tenderloin District of San Francisco. This goes to show that even something meant for entertainment such as virtual and augmented reality can have a positive effect on the community.

Of course it would take an institution like AAU to inspire people to come up with solutions for the community. This is one of the best uses of art for people who are interested in making a world a better place while using their creativity.

Academy of Art University handles many different types of art such as video games, movies, music and other forms of entertainment. Then it goes into different art forms such as fashion. One of the best things about fashion is that it inspires people to put together something that is more than just something that people wear to keep warm and protected from the elements.

For people that are looking for a way to explore a career in art, Academy of Art University has classes for every form of art that is recognized. People are encouraged to use their creativity to move society into a better state.

 

How OSI Industries Became a Multi-National Food Force

OSI Industries is a complex organization. In the last ten years, OSI has grown into a massive multi-national private organization that spans the reach of the globe. OSI has over 60 facilities that span to the far reaches of the globe. But it wasn’t always this way. OSI Industries started off as a humble local butcher shop in Chicago. After scoring a deal with a young McDonalds organization to supply them with beef, the company took off along with McDonald’s. So what has OSI done recently that has put them on the national map? Well, one of the major things that they have accomplished is the use of acquisitions and partnerships to launch them into multi-national status. OSI buys former Tyson Foods plant on South Side for $7.4M.

OSIs launch into Asia was fueled, initially, by their contact with K&K granting them the opportunity to open factories in Japan, and later in China. The ability to maneuver in China was becoming increasingly important, as China had just entered the world trade market when OSI started penetrating its borders and bolstering its ranks. It was an untapped market. Production in China shot through the roof, and OSI was there at a critical time.

In India, OSI Industries opened two factories in 2012 in Bangalore and Punjab respectively. The Indian market was a great place to settle into, especially in relation to vegetables and meat production. In Madanapalle, OSI opened a frozen vegetable plant to cater to restaurants across the world.

During this rampant factory building period in Asia, OSI was acquiring more and more territory in Europe. OSI Industries swallowed to very important companies that made their transition into the German market easier. Hynek Schlachtof and Baho Foods were both important players in the food market in Germany. Hynek, in particular, had fantastic access to local butchers and farmers, connections that money alone cannot purchase.

Baho Foods wasn’t just active in Germany either, the deli meat production company has its roots in the Netherlands making it a fantastic purchase to gain traction in northern European countries as well. In the north, OSI also was opening a factory in Estrada, Poland simultaneous to these acquisitions.

As you can see OSI has been busy. These are just a few of the moves that they have made in recent years, but they should serve as an example of how committed OSI is to creating a dynamic presence across the world. After all, this is a business that has to supply food products to Subway, Papa Johns, McDonald’s, Yum, Starbucks, Saizeriya, and Burger King.

For More info: www.foodprocessing.com/top100/profiles/osigroup/

Richard Dwayne Blair is an Expert Financial Planner at Wealth Solutions

Richard Dwayne Blair has a highly developed financial acumen that serves his clients well in his leading role at the company he founded called Wealth Solutions. He is an expert in the realm of wealth management and retirement planning and helps his customers attain a solid financial path in these regards. He serves in the greater Austin, Tx. area and its surroundings with an energetic community spirit.

Blair’s Three Pillars system provides a detailed framework for the financial lives of his clients. His approach is comprehensive in nature and specifically hones in on the most relevant principles that drive successful retirements and wealth management. He knows that life is a journey and financial needs change over time and this is incorporated into his methods as well.

A financial roadmap offers a clear plan for clients going forward and forms the First Pillar. Blair uses his expertise to fashion a custom plan for his clients that takes into account their particular circumstances. He helps them identify likely areas of growth opportunities that are in step with their risk tolerance. As he ascertains their financial goals he is also building a strong relationship with them.

Long range investing happens to be the Second Pillar and it is a critical component of financial planning. Richard Dwayne Blair helps his clients build winning portfolios in accordance with their goals and needs for liquidity. Furthermore, he is an active manager which helps them realize better performance when market conditions are right.

Careful monitoring of his clients’ portfolios undergird the Third Pillar and he regularly does this. Comparisons to investment models, historical market data, and the clients own expectations comprise this phase.

Richard Dwayne Blair has observed up close the power of teachers who have a passion for education. The teachers in his own family have inspired him to take the same approach to his career as he instructs his clients on important financial principles.

The desire to make a positive difference in the lives of members of his community is also a driving force for Blair. The chance to help individuals, small business owners, and families provide great motivation for him.

 

Vijay Eswaran: The Man Who Believed In His Multi Million Doller Idea When No One Else Would

Vijay Eswaran is someone who is known for being a man of great success. He is one of the wealthiest people in Asia and has lived through the years of a classic rag to riches story. He has worked through hardships and has made his way to the top through sheer determination and drove to be the best that he can be. His success within the fields that he has worked in have only been possible because of the work that he had put in.

Vijay Eswaran started out as a taxi driver in Malaysia. His family did not have much to their name, and Eswaran was struggling to make ends meet. His financial situation was not the best, but he woke up every day with a smile on his face, ready to put his best foot forward, no matter what he did. Even while driving around the city, his entrepreneurial spirit could not be oppressed. He would continuously think of business ideas that he could implement, and company ideas that he could work through and bring to the general public.

One idea in particular that Eswaran had and was working towards was a company that specialized in online direct marketing. At the time, the internet was only emerging, and online marketing was practically unheard of. Personalized marketing had always been one of the routes that companies take to reach customers, and he had faith in the implementation of this concept, only in the digital world. However, since he had this idea in the 1990s, no one believed Eswaran when he said that this would be the new way to market products to large audiences. In spite of the skepticism that surrounded his ideas that he was implementing, he decided to pursue this idea.

Eswaran believes that the only reason the idea was able to come to life was his belief in it. If he had listed to the people who said that the company would not grow, he would have never become the well-reputed name that he is today. He built QI Group of Companies from the ground up and made it the well-known name that it is today.

Because of what an early start Eswaran got into the world of digital direct marketing, the company was able to grab the attention of big companies who wanted to take on this medium. The company stood out for being one of the first within this sector, and Eswaran pushed his ideas for the development of the company to take it to the next level.