Category: CEO

Randal Nardone of Fortress Investment

posted by under BUSINESS, Business Expert, CEO

Randal Nardone is currently a successful co-founder and principal at Fortress Investment since the year 1998. His career at an investment firm came as a surprise to many since his education background was in the science sector and law.

His years of service as a lawyer at Thatcher Proffitt & Wood molded him into a leader since he became partner prior to diversifying into an alternative investment options company. This decision was supported by his role as principal at an investment company BlackRock Financial Management, and UBS.

It is clear that Randal Nardone is an intelligent businessman since he was able to identify opportunities and maximize on the same till date. His roles at Fortress Investment are mainly on legal matters which utilize his years of experience as a law partner. He also foresaw the acquisition of Fortress Investment by Softbank.

His leadership technique allows employees to make decisions that benefit the firm. He inspires change, integrity and purpose in the line of work and hence employees at Fortress Investment view this as an opportunity to develop their skills and careers. More about of Randal Nardone at newresi.com

Randal Nardone further serves at various boards due to his expert knowledge at both finance and legal issues. These boards include Eurocastle Investment Limited, Brookdale Senior Living, and GAGFAH S.A among others. He also has leadership roles as a vice president at Newcastle Investment Holding. In the recent acquisition process of Fortress Investment by Softbank, Randal Nardone leadership skills were evident as he remained optimistic about the future of the company.

In his opinion, this move to sell the company on a cash basis of 3.3 billion allowed the company to adapt to new strategies which will translate to higher growth levels. He attributes this to the agreement that Softbank would not interrupt with the business model and would only focus on the shares acquired.

This aligns to Fortress Investment business goals and thus the move was strategic. He further states that the acquisition did not mean that his commitment to the company has wavered as he still has an active interest in ensuring that all the company clients continue to enjoy their returns on investments. Randal Nardone embodies proactive leadership skills and his ability to take risks steers the company into higher profitability.

Learn more: https://www1.salary.com/Randal-A-Nardone-Salary-Bonus-Stock-Options-for-FORTRESS-INVESTMENT-GRP-LLC.html

 

Felipe Montoro Jens: The Business Man Who is Improving Brazil

posted by under Business Expert, Businessman, CEO

Felipe Montoro Jens is from Sao Paulo, Brazil. He has been a successful business man within the international community for twenty five years. He has supported improvements for Brazil, and has been open to new innovations within the economic growth. His experience includes finance and infrastructure decisions. Felipe is known to help large corporations and private practices within financial strategies. His infrastructure background has guided state government strategies, economic waste solutions, corporate waste elimination, and environmental projects. As Brazil is going through an economic growth, Felipe is hoping that he can provide multiple improvements to infrastructure regions. Visit their website felipemontorojens.com to learn more.

These improvements would include the new housing project through the Metropolitan Housing Company. Felipe envisions the construction of 34,000 new housing projects in Sao Paulo. The development will take six years to complete, with the hope of 100,000 new jobs for Brazilian residents, according to Felipe Montoro Jens, who serves as the Infrastructure Project Specialist. The housing project will generate jobs, services, and industrial growth for the region. In accordance with his infrastructure experience, Felipe has partnered with agencies to bring clean and safe waste removal from regions of Brazil. Through infrastructure and development, he has successfully provided environmentally safe waste removal. The removal of waste from the cities and towns of Brazil, has improved life in the regions.

Felipe Montoro Jens has had a very successful business career, which began with a prestigious education. He studied business at the Getulio Vargas Foundation, one of the best business schools of Brazil. After his completion there, he continued his education at Arizona State University’s Thunderbird School of Global Management. This serves as the top University for global business and management training. With his education as a stronghold, he began to move quickly through the corporate world. He received many business promotions and affiliations, while working for global companies. Felipe Montoro Jens holds twenty five years of infrastructure experience, as he is more determined to help with the economic development of Brazil.

Connect: https://twitter.com/felipemontoroj

 

The Genius of Randal Nardone

posted by under BUSINESS, Business Expert, Businessman, CEO

Randal Alan Nardone is the charismatic founder of Fortress Investment Group LLC. Aside from being the co-founder, Randal Nardone is also a principal and director at the company, not to mention its CEO (Chief Executive Officer) as well.

Randal Nardone is no ordinary executive. The finance genius didn’t start with finance as his line of interest and future career path. Instead, he got a B.A (Bachelors of Arts) in English and Biology from the University of Connecticut. After which he got a J.D (Juris Doctor) from the Boston University School of Law. Nardone did initially pursue law as a career and one his earliest position was that of a partner and member of the executive committee at Thacher Proffitt, and Wood. It wasn’t until 1997 that Randal Nardone joined BlackRock Financial Management Inc., as a principle that his career in the financial sector took off.

After a short stint at USB, Randal Nardone founded his firm, Fortress Investment Group LLC in 1998. With the success and expansion of the firm he helps conceive, Nardone is now a certified billionaire. Ranking in at number 557 of the Forbes’s World Billionaires List and with a net worth of $1.8 billion, Nardone has definitely proved his mettle.

Check out Randal Nardone at Forbes.

What makes Randal Nardone’s success especially inspiring is that his wealth and position in the industry is entirely an outcome of his hard work. He is an entirely self-made individual who has been able to excel in the field of finance without receiving any formal education in the field. His innate sensibility has enabled him to start one of the biggest hedge fund managing firms in the industry today.

His background in law has definitely helped him in gaining the peoples’ skills needed so much in finance. He has the charm and the charisma to convince people and trust him with their investment even in the times of deep financial crisis. This makes him a true leader and an inspiring individual who can accomplish anything he sets his mind to. There is only one thing you can call a person who is able to succeed no matter what route they take, and that is a genius.

Read more: https://www.bloomberg.com/research/stocks/private/person.asp?personId=372241&privcapId=28116285

 

What Happens Next for Fortress Investment Group and CEO Randal Nardone With SoftBank as Parent Company

posted by under CEO, Law, Lawyer

Since the sale of Fortress Investment Group to SoftBank Group Corporation, a Japanese investing manager firm, there are speculations of transitioning in leadership. As of the present, the current leaders including Co-founder and CEO Randal Nardone will remain on the team to pursue growth of its divisional operations. Japanese owner, Masayoshi Son has no intentions of replacing the founders, chairmen, and principles of Fortress and all its subsidiary entities. His mission to turn SoftBank into the largest investment firm worldwide by helping his companies expand in global markets of new technologies, such as IoT and artificial intelligence. Read more about Randal Nardone at Crunchbase.

Randal Nardone and two other partners found Fortress Investment Group in 1998, in NY as a global investment managing limited liability company. He continues to hold his positions as Chairman, Chief Executive Officer and Principle which he’s held going on 21 years. Under his direction, he oversees Fortress Portfolio of Investment Fund IV, Investment Fund V LP, Registered Investment Trusts and Credit Corporation. Nardone holds a variety of seats as director and board member for Springleaf Financial Holdings, Fortress Investment Group LLC, and Fortress Credit Corporation. He also serves as director for Florida East Coast Holdings, Springleaf REIT Incorporation, and RIC Co-investment fund LP.

Earlier in his profession, Randal Nardone worked a year for UBS as managing director before co-establishing Fortress Investment Group. He earned a bachelor’s degree in English and Biology and a J.D. from Boston University and the University of Connecticut. His works as a leader and managerial investment professional landed him on the Forbe’s List of World Billionaires in 2007. He ranked number 557 with $1.8 billion in net worth and ownership of 53 million shares valued over $1.5 billion.

The acquisition of Fortress Investment Group did exactly what Randal Nardone and his partners expected, to increase overall internationally expansion. While the firm primarily focuses in real estate, credit, assets, and private equity, SoftBank is introducing opportunities in the technology and communications sectors of investment. According to Business Newswire, the leaders successfully increased its management of assets to $41.4 billion by the June 2018, a year following the purchase of the firm.

Source: https://patch.com/new-york/new-york-city/force-innovation-two-decades-fortress-investment-group

 

Flavio Maluf Carves His Way through the wood industry

posted by under BUSINESS, Businessman, CEO, Entrepreneur

Flavio Maluf is the president of Eucatex, a company based in the Brazil that produces a wide range of wood paneling. Eucatex got its name from Eucalyptus which is the wood that the company uses in making their product.

Flavio Maluf’s focus on the end product of the wood products rather than the product itself and his vision has resulted in Eucatex remaining a leader in the sector. One of the reasons for the success is the amount of patents the company has, and he is in the process of opening up his first plant in Salto, São Paulo state. Flavio Maluf exports to over 37 countries in the world the plan is to export 40% of the product. Visit dino.com to learn more

Flavio knows the importance of hard work and the role of a business leader requires dedication and a desire to achieve greatness. Flavio also breaks the notion that in order to start a business one requires a great deal of money at the beginning.

One element Flavio uses to his advantage is the tax laws. Many see Brazil’s taxation system as overly burdensome, but Flavio knows that Brazil offers many tax incentives at both the national and local level. The government offers regional tax benefits to companies who move to areas of greatest need and areas with high unemployment. It is a win/win as Eucatex pays a reduced tax rate and hard-working citizens of low employment areas are given the work they need.

Flavio also knows that in order to remain sharp in the business world he also has to look after other areas in his life. Along with almost 9 hour work days, he finds time to exercise twice a week although he is always on the look out for new ideas to help his business grow. Flavio does not know where the next great idea will come from so he looks everywhere for something different, including when he is surfing the web for pleasure.

View: https://br.linkedin.com/in/flavio-maluf-172147b3

 

Shervin Pishevar: Touches With Twitter

posted by under Bitcoin, BUSINESS, CEO, Financial Experts, Stock Market, Technology , , , ,

If you did not catch the Twitter rampage earlier this year from Shervin Pishevar, here is a breakdown of the events. The tweets covered everything from the American bond market, the future of some stocks, and Silicon Valley. It was a lengthy Twitter splurge, which covered a lot of territory.

First, there is a little background to know about Pishevar. He has made many good investment moves, such as Uber, Dollar Shave Club, and Slack, so that is why he can comment on finances and the economy.

For some good news, Shervin Pishevar sees a shining light with some of the space programs, such as SpaceX. He also commented on the inspiring work coming from Virgin Hyperloop. By the way, he is a partner in the Virgin Hyperloop company.

Now for the other facts and figures he threw out there. He tweeted on a prediction that the stock market will take a complete drop of 6,000 points. He compared it to a bear waking up from a long winter’s hibernation. He has a theory that the decline is being caused by interest rates that continue to climb. Coupling the increasing rates with tax freebies, he believes the market will not be sustainable, and the crash is inevitable.

Bonds have lost their glimmer. Government bonds use to have some influence and help stabilize the economy. Central banks purchased bonds as a mechanism to offset the stock market. Pishevar tweets about how this form of manipulation is antiquated. He said it has worn out its welcome because it was used too many times.

Next he tackled the world markets. In his words, the US has exported inflation. By his accounts, this action has been taking place for years. The state of the US finances is not walled off from the rest of the world’s economy. Pishevar appears to have little hope that the current political climate will stop the exportation because of the international trade that is being tested and disrupted.

Shervin Pishevar speaks of the Silicon Valley as if it is crumbling like the pyramids. The Valley use to be as shiney as the bond market, but it too has burned itself out. The talent that use to beat the door down to get in is now looking elsewhere.

Shervin Pishevar Twitter inferno lasted for several hours, and it seemed like nothing was left untouched. Spectators wonder if that will be the last full rampage we hear from Shervin Pishevar until next year.

http://www.businessinsider.sg/shervin-pishevar-strange-21-hour-tweet-storm-2018-2/

Robert Deignan Tips for New Business Leaders

posted by under BUSINESS, CEO, COMPANY, Entrepreneur , , , , , ,

Robert Deignan is a successful business owner who is excited about the future. Starting a small business is not easy, but the process is worth it for many people. Anyone who wants to start a successful company should consider working with Robert Deignan.

Robert Deignan started Advanced Tech Support Digital Services several years ago. Although it was hard to make the business successful, he worked many hours each day and eventually had a lot of success. He is the type of person who continually looks for areas to improve. Robert Deignan truly believes that he is making the world a better place through his services.

Business School

Robert Deignan attended college at Purdue University. He graduated with a degree in organization development, and he learned valuable lessons about interacting with people. He wants to help anyone who he comes into contact with. During the early days of his company, he worked as hard as possible to help others. He only wanted to hire people who were passionate about working at his company.

Robert Deignan decided to expand his company several years ago. When the business grew, he had to hire additional workers for various positions. He utilized people who he met while he was in college.

Tips for Business Owners

Although starting a company is not easy, it is possible for people to enjoy success in various ways. A lot of people appreciate the hard work that is required in the beginning. Working with a business mentor is a proven way to increase the chances of success.

Robert Deignan is financially successful, but he still chooses to work because he enjoys his job. He wants to help more people than ever before in 2018. He currently volunteers at multiple charities around his area. He is passionate about providing educational services to children in need.

http://dcbbf.org/carolina-boat-builders-tournament-saturday-night-2017-awards-scholarship-night/

Proteostasis is Issued a Negative Report by Sahm Adrangi

posted by under BUSINESS, Businessman, CEO, Entrepreneur , , ,

Kerrisdale Capital Management’s Sahm Adrangi has issued another negative report concerning a medication that is currently being developed. This time, the medication in question is Proteostasis Therapeutics’ new cystic fibrosis medication known as PTI-428. While it may have received the designations of Orphan Drug and Breakthrough Therapy by the Food and Drug Administration, Sahm Adrangi believes that the chances of the medication actually being effective for the medication are very unlikely.

When Proteostasis was granted these designations by the FDA, the company saw their stock price rise significantly but Kerrisdale Capital has taken a short position on the company. After researching the medication and company, he determined that they were not completely honest about the results or the drug’s effectiveness. He found that several key data points that showed negative outcomes of the Phase 2 trials were omitted in the releases to the public. This does not fare well for the drug or the patients that were hoping it would help to treat their difficult disease. Additionally, Sahm Adrangi believes that the small size of the placebo group in Phase 2 trials also contributed to the medication’s appearance of effectiveness. The negative instances in the small placebo group made the results of the therapy group appear to be much better than they actually were, especially with the omission of certain key details of the trial.

Sahm Adrangi is the Chief Investment Officer of Kerrisdale Capital Management as well as the founder. The company that was founded in 2009 with $1 million was managing around $150 million in capital in July 2017. Sahm Adrangi first earned recognition in the investing world after short-selling the stocks of Chinese companies that were operating fraudulently and trading in the United States. He and Kerrisdale Capital Management are well known for the published research about the companies that they have chosen to short. If Proteostasis’ new cystic fibrosis drug does fail during its Phase 3 trials, Sahm Adrangi and Kerrisdale Capital stand to make a good deal of money for their investors.

https://www.hvst.com/user/sahm-adrangi

Tony Petrello: Philanthropy Inspired By Personal Adversity

posted by under CEO, Philanthropist

For Tony Petrello and his wife Cynthia, an actress, their engagement in philanthropic activities is inspired by personal adversity. Since the birth of their daughter, Carena, they have developed a closer tie with the philanthropy especially the Jan and Dan Duncan Neurological Research Institute (NRI). Dedicated to spearheading research in genetic causes of neurological disorders such as epilepsy in children and adults, the Texas Children’s Hospital-based research institute is a beneficiary of the couple’s philanthropic donation. They donated $5 million to aid the institute’s research into periventricular leukomalacia (PVL) including its causes and cure. The couple’s daughter was born prematurely at 24 weeks with the condition. The current chairman, chief executive officer and president of Nabors Industries believes that their donations and fundraising efforts can bring hope to other children suffering from such conditions in the future.

Dedication to Giving Back to the Community

For many residents of Houston, Texas, Tony Petrello and Nabors Industries represent more than just a corporate entity growing exponentially within their midst. Petrello led the company’s employees in one of the impactful charitable undertakings in the community in the aftermath of Hurricane Harvey. Founded on a longstanding culture of philanthropy at Nabors Industries, the employees including Tony Petrello donated thousands of dollars to help in resettling the victims of the hurricane. They also prepared hot meals for the survivors and served them in their temporary shelters while also leading resettlement and clearing of debris efforts. The employees have also established a charitable organization where they donate funds to help various causes in the community.

Petrello has continued to explore various ways to give back to the community. The Petrello family established the charitable organization, Petrello Family Foundation, which is dedicated to supporting various causes in the Greater Houston Area including education, performed arts and medical research. In February 2018, the couple welcomed a fellow philanthropist to their home. Together with his, Petrello hosted Tommy Tune, an acclaimed Broadway performer dedicated to nurturing music talents in his home city of Houston. The legendary musician established the Tommy Tunes awards targeting music students with exceptional talent. Over 50 other guests accompanied tune during the special occasion.

Education Background

Tony Petrello developed a strong interest in Mathematics from an early age. This saw him earn a scholarship to study at some of the world’s most prestigious learning institutions. Tony is an alumnus of Yale University where he specialized in Mathematics for his Master’s and Bachelor’s degrees. He later graduated from Harvard Law School with a Juris Doctor degree.

Becoming A Successful Entrepreneur

posted by under CEO, Cosmetics Industry, Inspirational Women, Women in Business

If you haven’t heard of the popular, bold makeup line called Lime Crime, you’re in for a treat. The founder and CEO of this wildly fun and beautiful line, Doe Deere, started from the ground up and found incredible success. Doe Deere is the epitome of what a successful entrepreneur is and she wants YOU to know that it isn’t impossible to do exactly what she has done in her career.

Finding Your True Passion

This is exactly what Doe Deere did before she started her business. Since she was a small child, her passion was always messing around with makeup and color. She always had a strong sense of self worth and knowing who she was. It was easy for her to find her niche. Is there a hobby you have that takes you away from your daily life that you look forward to? If so, you may be on the verge of figuring out a new career. Even if it’s something you absolutely love, there will be hard work involved. It’s important to go into it knowing that you will have to dedicate all of your time and energy, but at least it will be something you love.

Tackling A New Business

When you’ve decided to become an entrepreneur, take your natural skills and set out to expand them. According to Doe Deere, whatever you do will require natural growth. If you are good at something, then it will be easy for you to get better at it over time. When you come across a problem, be sure to tackle it right away. Analyze the pros and cons of every aspect in your business. Facing the music sooner than later, is what will keep you organized and heading towards growth and success. Learn more: https://www.linkedin.com/in/doedeere

Doe Deere’s Risk Taking Persona

Doe Deere is not your average woman. She is not afraid to be bold and take risks when it comes to promoting and selling her line of cosmetics. Her best advice is to overcome the obstacles. You can’t run away from every problem or risk, so the key is to plan out every aspect that you can. Doe Deere was able to open her unique business selling high quality vegan cosmetics, and she stayed true to her ideals the entire time. You can do the same. Learn more: http://www.phillypurge.com/2017/06/05/finding-your-business-niche-like-doe-deere/