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Posted by TMS2000 on

Details of Fortress Investment Group Acquisition Deal Have Surfaced

About a year ago, Fortress Investment Group was acquired by SoftBank for US$3.3 billion. If you are wondering who Fortress are, they are the largest asset alternative managers in the world with $70 billion assets in their hands. The Japanese company looked to advance its mission to become the largest investment firm in the world by acquiring the firm.

Visit https://www.crunchbase.com/organization/fortress-investment-group

The acquisition took many by surprise as SoftBank has always been interested in acquiring tech companies. This is definitely going to change the development direction of the company with Masayoshi Son at the helm of its leadership. This is also a big move for Fortress Investment Group. According to Wes Edens, the move to privatize its operations is so exciting and it will definitely improve its financial strategies.

 

Fortress Investment Group manages over $70 billion worth of assets for more than 1500 investors across the world. The firm has been consistent in its growth with Wes Edens and Randal Nardone as founding principals. It has continued with its operations as normal since its acquisition and in fact, it recently made an acquisition, the first time after it was acquired.

 

As much as SoftBank may sound as a bank, it is now going to be the largest alternative asset manager in the world. It has mobilized investors from all over the world to come and help it find as well as structure deals. Additionally, it is striving to build its own investing business with an asset-management back office. According to reliable sources, SoftBank has revealed that it will double Fortress Investment Group’s assets in the near future. It will partly do that through channeling its funds to its network of sovereign funds as well as global billionaires. Read more on wikipedia.org

 

Fortress Investment Group went public in 2007 making it the first United States hedge fund manager to trade its shares publicly. The company valuation at the time stood at $7 billion with shares costing $35 each. It has since then doubled its offering price as well as the value of its shares. It is currently one of the many alternative asset managers traded publicly in the United States.

Posted by TMS2000 on

GreenSky Credit is first company to deliver true instant bridge financing for retail customers

In the field of commercial real estate development, bridge financing is one of the key credit facilities that keep the industry running. Because real estate is one of the most capital-intensive businesses that there are, it is necessary for projects that are developing multi-million-dollar properties to have access to a wide variety of funding vehicles that are able to keep the cash flowing in the event of temporary funding shortfalls or unanticipated expenses. If all commercial real estate developers needed to rely solely on traditional mortgage financing or their own cash reserves, the entire real estate development industry in the United States would quickly grind to a halt.

Bridge financing for consumers

Yet, in today’s increasingly expensive real estate market, private homes are often million-dollar investments. And private homeowners face many of the same costs as professional real estate developers when it comes time to build a new property, renovate an existing one or to add an addition to their homes.

But these consumers have not traditionally had access to the same kinds of bridge financing as commercial developers. This has meant that, just as the commercial real estate development industry relies on bridge financing to get most deals done, billions of dollars per year in private home renovations that could have been done get shelved.

GreenSky Credit is the first company to address this issue. GreenSky provides a form of instant-approval bridge financing at the retail level for homeowners who are looking to do major renovation projects but who simply lack the cash or alternative financing options to do so. GreenSky is able to extend customers truly instant point-of-sale loans for amounts well into the six figures. And it is able to do so with loans that have some of the best terms imaginable.

A typical GreenSky loan involves no interest and no payments for the first full year. After that, higher rates kick in. But the majority of GreenSky customers never see those higher rates because they pay the loan off, in full, before the teaser rates end.

https://seekingalpha.com/article/4200009-greensky-cloudy-skies-will-dissipate

Posted by TMS2000 on

George Soros and OSF fighting for positive change

George Soros has become one of the most influential philanthropists in the country. As part of his work he established the Open Society Foundations in 1979. The Open Society Foundations is a global network of contributors, organizations and business leaders. The Open Society Foundations financially aids civil society groups across the world, with a focus on justice, education and public health. The Open Society Foundations has branches in 37 countries, made up of several foundations including the Open Society Initiative for West Africa and Open Society Initiative for Southern Africa, which is based in New York, New York. Soros got the name for Open Society Foundations from the 1945 book “The Open Society and Its Enemies.”

In 1991. the group founded the Central European University with a focus on training future political and economic leaders. The university promotes open democratic societies. More than half of the Open Society Foundations expenditures was contributions to education programs. When George Soros open programs in America, he turned his attention to lobbying for drug policies that made sense, improving end-of-life care, reforming the criminal justice system and demanding fair immigration laws and practices. The Open Society Foundations aided projects in Baltimore that helped increase reading and math test scores for public school students and helped expand after-school care.Eight European countries that Open Society Foundations helped turn into democracies were allowed to join the European Union, and later two more joined. The Open Society Foundations have also succeeded with addressing the discrimination faced by drug users, minorities, and people living with HIV and Muslims around the world.

George Soros faced discrimination as a Hungarian Jew and has provided support for groups as Europe’s Roma people, which is the largest and most discriminated ethnic minority. The Open Society Foundations turned the focus of drug abuse from penalties to improving health services. Soros and his organization has also helped deal with the exclusion of those with mental disabilities from education and employment. In 2009, the Open Society Foundations launched a court that dealt with gender crimes in war-torn countries, so they could bring justice to women who were victims. As a result of the court more than a dozen people were sentenced to at the most 20 years for rape.George Soros and his foundation provided a $30 million grant to allow black and Latino young men receive a proper education, find gainful employment and be a part of a mentor program in New York City. In 2012, Open Society Foundations appointed Christopher Stone as the president of the company. The Open Society Foundations continues to fight for open society and respond to the challenges that continue to arise. George Soros has admitted that the world is imperfect but what is imperfect can be improved.

Posted by TMS2000 on

Investment Simplified Through Madison Street Capital

Every business comes in force with the sole purpose of making a profit. However, some derive pride in satisfactorily offering quality services and products to their customers. Just like the road-side sellers, financial institutions have tremendously increased in number in the present times. The fact that they are densely distributed in our cities and towns is beneficial to the clients due to their convenience, flexibility, and service cost reduction. Learn more: https://www.linkedin.com/company/madison-street-capital-llc

 

Nevertheless, most of these institutions provide an array of products and services with the aim of increasing their customer base. Some institutions, therefore, end up offering sub-standard services that do not meet the needs of their clients. Luckily, the leading firms do not compromise on quality despite the ever-increasing competition. Madison Street Capital tops in this coveted list of reliable financial institutions.

 

Madison Street Capital is a banking institution that specializes in investment at a global scale. It has its headquarters in Chicago, the state of Illinois. Its success has emanated from the fact that it offers customized services to its growing number of clients. In the period it has been in operation, the institution has had the upper hand on the market considering its competitors. Moreover, its unrelenting efforts geared towards growth has seen it increase its branches from North America to Asia and ultimately to Africa. Learn more: https://ideamensch.com/charles-botchway/

 

Madison Street Capital reputation is built on its excellent performance and commitment to improving customer service. The firm offers its extensive range of unique financial advisory services, high-quality expertise in acquisitions and mergers, and honest financial opinions to business enterprises both in the private and public sector.

Besides, it also offers dependable valuation services. As a result, it has been able to build a strong bond of trust with its customers, and many of them entrust Madison Street Capital with all their investment needs. Learn more: http://madisonstreetcapital.org/

 

Unlike many financial institutions that only aim at making a profit, Madison Street Capital has its clients’ interests at hand. It works to generate revenue only after meeting its clients’ needs adequately. Its goals and objectives are customer-oriented, and it personalizes services to match the individual needs of every client. Besides, it adopts its customers’ undertakings as its own to ensure they succeed. This provides clients with customized services ranging from raising capital, financial advisory, ownership transfers, and all related transactions.

 

Madison Street Capital’s foundation is solid and stable. The institution is founded on sound pillars of excellence, integrity, and effective governance. With these key pillars, the firm is bound to reach greater heights. Learn more: http://creditorweekly.com/index.php/2017/06/23/madison-street-capital-maintains-distressed-industry-reputation/