A look at how the $20 million deal between Fortress Investment group and Ipass will influence the market

Ever since its commencement, Fortress Investment group has been continuously coming up with ways to not only broaden its horizons but also create investment opportunities for investors strengthening their profit gaining platforms. Take, for instance; the firm recently offered IPass, one of the leading tech firms in the provision of global connectivity options, a $20 million funding. This funding will go a long way in assuring its investors that they can safely invest in the firm without worrying about any market perils that lie ahead hence creating a win-win situation for both the firm and the investors. The firm was offered an immediate $10 million, and the rest is to follow soon.

According to IPass’s president and also CEO, the fund will help strengthen the company’s balance sheet making it possible for it to now focus on revenue making and maximizing on profits without stressing on capital. He further added that the loan was secured using all of IPass’s patents such as smart connect, thus clearing any credibility doubts that might have been unaddressed. IPass is the force behind one of the world’s largest WI-FI networks operating on Saas application. It plans to grow its hotspots by approximately 340 million making it ideal for investors as this is an area that is continually advancing.

To further assure investors that they can go ahead and invest in IPass, the deal between Fortress Investment group and the firm was brokered by Riley Financial Inc. a highly ranked investment facility, which specializes in arranging and ensuring the completion of A-list deals. Riley Financial operates in capital markets, valuation and appraisal, auction and liquidation and principal investments hence it understands the essence of equity.

About Fortress Investment group

Fortress Investment Group is a high profile asset management firm that specializes in corporate acquisition and mergers, asset-based investing, capital markets, operations management among many others. It was established in 1998 and boasts a strong management team comprising of Wes Edens, Peter Briger, and Randal Nardone all of whom are key players in the finance arena.

The firm has over 1750 clients and manages assets worth over $40 billion thereby making it the perfect company to turn to when other companies need funding as it already has an established market thus influential. There is no doubt that the deal between highlighted earlier will help Ipass gain stellar growth.

Fortress Investment Group Takes investment to a Different Level.

Established in 1998, Fortress Investment Group is an investment management company leading the investment market globally through diversification. It was established by its three founders namely; Rob Kauffman, Randal Nardone, and Wesley R. Edens. Over the years, the firm has shown tremendous growth with an average growth of 39.7% in its private equity fund within the first seven years of operations. Fortress Group manages assets on behalf of its clients who comprise of mainly private and institutional investors. By the end of the year 2017, Fortress had a clientele base of over 1800 customers from both institutional and private sector. The firm has diversified its market to serve clients not only from the United States but also from all around the world. Fortress manages a wide range of asset ranging from traditional asset management, credit, real estate, private equity fund, liquid markets and permanent investment vehicles. By the end of 2017, Fortress Investment Group had over $43.6 billion in assets under management (AUM).

The firm has also maintained a balanced approach to their investment with $7.8 billion of its assets under management being in permanent capital vehicles, $6.5 billion of it in private equity, $8.9 billion in credit hedge funds and the remaining billions being in private credit equity. Fortress Investment Group is a firm that highly values and upholds professionalism. Due to this, the company recently employed over 950 employees with more than 200 of them being investment experts and professionals. Also to expand their market reach, the firm has established satellite offices outside New York and all over the world. This has made them the trailblazers of the investment industry internationally. Fortress Investment Group has also created a very conducive working environment to enhance their employees’ performance. This is evident from the high positive reviews from the company’s staff with an average of over four out of five stars. The high rating by the employees is attributed to rigorous training given to them and also the extensive experience gained from working there. Some employees confess that promotional opportunities are also very available and in a fair manner depending on the employees’ effort and level of motivation.

About Fortress

Fortress is an investment market leader with an asset base of over $43.6 billion under its management. It boasts of a relatively huge clientele base over 1,800 institutional and private investors both from the United States and worldwide. Its assets management strategies are also diversified to include private equity, traditional asset management strategies and many others.

Source of the article : https://craft.co/fortress-investment-group

Wes Edens Highly Seasoned Private Equity Expert and Businessman

One of the co-founders of the famous investment management firms in the United States, Fortress Investment Group, is Wes Edens. As a seasoned financial and investment executive, Wes Edens has always dreamt of starting his own finance based firm. It is what he did after working for many years for the corporate financial firms, along with his friends and colleague, Randal Nardone and Rob Kauffmann.Fortress Investment Group has been spreading its wings in all the directions since it was launched and is now amongst the most significant financial firms in the United States. Wes has tried a lot in ways more than one to ensure that the company can grow continually, and many of his marketing efforts have paid off as well.Even though the competition is fierce in the field of investment management due to the rise of so many financial firms.Fortress Investment Group has been able to maintain its position consistently.

It is primarily due to the comprehensive nature of financial services that the company provides. Not only does Wes ensure that the clients can get what they are looking for, but he also ensures that the company’s customer service and market reputation is top notch always. Wes Edens has earned himself a very high reputation in the world of finance in the United States. With the experience of nearly three decades in the banking and private equity sector, Wes has been able to learn a lot about how the stock and financial markets work. It is what has helped him develop the investment strategies for the clients at Fortress Investment Group and provide them with the services that would help them manage their finances and grow their investments. He did B.S. in Finance and Administration in 1984 from the Oregon State University.

After the completion of his studies, Wes Edens joined the famous Leman Brothers, where he served until 1993 as managing director and partner. After leaving his job at Lehman Brothers, Wes joined BlackRock Asset Investors as managing director and partner, a position that he continued till 1997. Having gained sufficient knowledge and expertise in the field of financial services and equity business is what triggered in him the urge to start his firm. It is how Fortress Investment Group came into being later on. Wes also earns an NBA team named Milwaukee Bucks. He also serves as the chairman of the equity firm by the name of Nationstar Mortgage.

Louis Chenevert- His role at UTC

Louis Chenevert became the president of Pratt & Whitney in 1999 after serving for about six years in other levels within the company. He had earlier made a switch from the auto industry to the aerospace industry after spending 14 years at General Motors plant in Montreal. Under his management, P&W Louis Chenevert oversaw the company become profitable again since, by the time he was taking over as the president, it was not doing well at all. Chenevert used his experience to work on technology that would bring efficiency to the company. One of the things he did was to shorten the production time of engines from 2 years to nine months. With better efficiency, the company started making profits. At a time when the market was not doing very well, Louis Chenevert put in place measures that cushioned it from losses.

P&W is an aircraft engine manufacturer for both commercial and military planes. It is one of the leading companies globally in this field. The company has over 33,000 employees and the fact that he was given the mandate to lead the company after spending a short time in the company was approval of his accomplishments. With the good results he had produced with P&W the parent company United Technologies Corporation came looking for his services. P&W is a subsidiary of UTC.

At the time he was leaving P&W he had initiated the pan of building an advanced jet engine known as geared turbofan engine. As he transitioned to take up the role of CEO at UTC, he kept this idea in his mind. UTC would not only require him to deal with matters in the aerospace industry but even other technical products such as elevators and escalators, HVACs, and security systems.

AT UTC, Louis Chenevert brought back the idea of the GTF engine. He invested $10 billion in the development of this engine which despite being criticized for its huge cost at the beginning now forms the biggest budget of the company’s revenue. The engine offers some unique advantages such as less environmental pollution and low fuel consumption. It has become one of the most sought after engines in the aerospace industry.

https://medium.com/@louischenevert6/who-is-louis-r-chenevert-c1ae95052bce

Stream Energy Wears its Philanthropic Hat Proudly

Stream Energy, a Dallas, Texas-based energy company, established the “Stream Cares Foundation” in an effort to formalize its philanthropy efforts. Philanthropy has always been part of the company culture, but to establish an entity dedicated to charitable causes is something new in the business world. The entity moved into action following Hurricane Harvey when Stream Cares began funding recovery efforts.

Through its philanthropic methods, the company is giving back to the community. This helps the company build loyalty with customers as well as garner a certain level of respect. Stream Energy has built relationships with several charitable causes through the years including the American Red Cross and Habitat for Humanity. A cause embraced by Stream Energy is homelessness. Working with Hope Supply Co, the two entities sponsored an event called Splash for Hope. It is an event for homeless children and the costs for entrance to the event and meals served were covered by the company and Hope. The event brings homeless children to a local water park for a day of fun.

Stream Energy also works with Hope in a collaborative effort to provide school supplies, clothes, and diapers to disenfranchised children of Texas. Providing the necessary help to the children is both rewarding and uplifting for both companies. It is heartwarming to reach out a helping hand and know the beneficiary of such help is able to take a positive step forward toward a better and more positive life.

The company not only donates financial help to those in need, but they also take the time to meet and work with the organizations and individuals they help. Stream Energy also works with Operation Once in a Lifetime and offered not only financial support, but moral support, as well. The organization offers support to veterans and their families in the Dallas area. The company provided transportation to veterans and their loved ones to attend a special luncheon at a Texas restaurant. After the luncheon, Stream Energy was the co-host of the American Girl Doll Experience. This allowed daughters of members of the military to choose an American Girl Doll and have lunch at the American Girl Café.

https://www.uschamberfoundation.org/organization/stream-energy

GreenSky Credit shuns trendy techisms, focuses on reducing friction

When David Zalik founded GreenSky Credit in 2006, he was nearly 100 percent sure that he had a winner on his hands. But the then-32-year-old entrepreneur was facing a market that was uncertain and a model that had never before been tested. Still, the young businessman was willing to stake essentially everything he had on the future success of his company. David Zalik had as much skin in the game as can possibly be put there.

To come up with the money, he mortgaged more than $10 million of commercial real estate, representing his entire effective net worth. Zalik could have taken on partners, but so strong was his belief in the future success of GreenSky Credit that he wanted to retain as much equity in the firm as he possibly could. This would prove to be a wise decision.

Zalik first got the idea for GreenSky Credit while working on another one of his companies, Outweb. The e-consultancy firm had a large number of clients in the home-remodeling sector. And Zalik was able to see, first-hand, the problems that this industry faced. One of the issues that Zalik saw was the constant losing of sales at the retail level to customers who had simply underestimated how much a home remodeling project would ultimately cost. It was not uncommon for customers with little or no contracting experience to underestimate the true cost of projects by up to 50 percent. When they finally were informed of the actual price, the sticker shock was frequently enough to ensure that the deal would fall through.

GreenSky Credit addresses this problem by pairing merchants with 14 of the nation’s largest creditors. Because the majority of customers for high-end home remodeling have excellent credit scores, GreenSky Credit can offer extremely attractive terms on the loans while also guaranteeing lenders a very low probability of defaults. This model has proven to be an excellent way to facilitate deals that would have otherwise fallen through.

Today, GreenSky Credit originates more than $5 billion in loans every year. Zalik seeks to grow to doing $20 billion in annual loans by 2020.

http://kbispressroom.com/tag/greensky-credit/

Richard Dwayne Blair: Providing Investment And Retirement Planning Advice Through Wealth Solutions

Richard Dwayne Blair is the founder of the Austin, Texas based Registered Investment Advisory firm Wealth Solutions. Established in 1994, the company provides small businesses, families and individuals with wealth management, investment, long-term insurance and retirement planning advice. From the very beginning, Blair’s goal has been to make a positive difference in the lives of people in this Central Texas community by showing them the most effective way to manage their money and create a good plan that will ensure they will be able to enjoy their golden years.

At Wealth Solutions, Richard Dwayne Blair uses a three pillared approach to money management and financial planning. The first pillar is the creation of a personalized financial roadmap for each client based on their strengths, goals and risk tolerances while offering them the best opportunities for growth. The second pillar is developing a custom-tailored long-term investment strategy which takes into consideration the unique goals of the client along with their liquidity needs. Pillar number three entails making sure the client’s insurance needs are addressed. This includes life insurance, annuities and long-term care.

A graduate of University of Houston, Richard Dwayne Blair has an undergraduate degree in finance as well as financial management services. He also has a wide range of certifications. Blair is a Certified Annuity Specialist, Certified Tax Specialist, Certified Estate and Trust Specialist, Certified Income Specialist, Certified Fund Specialist and a Retirement Income Certified Professional. Inspired by his wife, mother and grandmother who are all educators, Richard Dwayne Blair doesn’t just manage his clients money, he explains to them exactly what he’s doing and why he’s doing it.

Immediately after earning his degrees in 1993, Blair with his training, natural aptitude for finance and desire to help others, began working in financial services. He started Wealth Solutions the next year. Richard Dwayne Blair uses his knowledge, training and expertise to provide his clients with objective, customized advice on investments, long-term retirement planning and wealth preservation strategies. All of this is designed to help them reach their personal financial goals. A growing number of people have benefitted from his help.

Find out more about Richard Dwayne Blaire: https://about.me/richardblair

Going the Natural Resources Investment Way with Specialist Matt Badiali

As a senior manager at Banyan Hill Publishing, Matt Badiali came up with the idea of helping people out of financial constraints after experiencing his father struggles in investing. He writes to educate people based on his academic qualifications and experience. Matt Badiali began investment advisory in 2004 when he was working towards a Ph.D. where he met a friend in finance who needed help developing investment methods for an average American investor. He joined Penn State University and graduated with a B.S in Earth Science and later Florida Atlantic University where he graduated with an M.S in Geology. Visit streetwisereports.com to know more.

He is very knowledgeable about energy, metals, and natural resources and helps investors find the best investments in this sectors. This he does through his newsletter, Real Wealth Strategist. To get real, first hand and reliable natural resources stock investment ideas for his newsletter, Matt Badiali gets his hands dirty by traveling all over the globe to speak with experts, visit mining sites, and explore new opportunities. He has gone to Switzerland, Hong Kong, Papua New Guinea, Peru, Haiti, Singapore and Iraq visiting countless mines, company headquarters, and oil projects. In this course, he has analyzed all manner of geologic data and interrogated CEOs about their latest resource prospects.

The Real Wealth Strategist is for people who are looking to invest in the highest potential natural resources of oil and gas industry, precious metals, energy, mining, mineral. To use it, members subscribe with $49 and receive rare and profitable investment opportunities. Matt Badiali specialty in this industry can be relied on as Exxon Mobil, and Anadarko trust his knowledge. Read this article at Medium.com.

On the Real Wealth Strategist, there is a full list of people who made profits through its advisory service. The service used technology that allows you to trade and carry investment strategies on a smartphone, tablet, laptop or even a desktop. One advantage of investing in earth natural resources is that they are limited commodities, implying that the chances of potential and massive gains are real and exponential. Unlike stock market crashes, interest rate dips, housing market crisis, natural resources do not have worries.

The Real Wealth Strategist recommends 12 stocks to invest in every year with precise information on what to purchase, its price and when to sell it. All these are on Matt Badiali’s buy now list. The subscription gives you weekly updates on current positions of each stock you picked and other news.

Visit: https://seekingalpha.com/article/132836-matt-badiali-focus-on-golds-prospect-generators