Category Archives: Financial Firm

Wes Edens Keeps Up The Momentum

About Wes Edens

Wesley Robert Edens is ranked #962 with a net worth of $1.2 billion on Forbes World Billionaires list. Wes Edens is a self-made billionaire who co-founded Fortress Investment Group in 1998 along with Robert Kauffman and Randal Nardone. He sits as one of 7 chairmen on the company’s board. Fortress was the first private-equity and hedge-fund manager to go public in the U.S. Wes attended Oregon State University where he studied finance. Wes Edens was a partner at Shearson Lehman Brothers Inc. and BlackRock Inc. before he co-founded Fortress. His early investments include cell towers, tourism, ski resorts and Chinese senior-living facilities.

Wes Edens Sports Interest

Wes is a co-owner of the Milwaukee Bucks, a National Basketball Association team. His recent involvement in sports includes joining with his co-owners and constructing a new arena in downtown Milwaukee. Wes bought into the team back in 2014 with his co-owners for $550 million and has already doubled his money. Over the past year alone the team’s valuation has skyrocketed by 37% making the valuation just over $1 billion dollars.

Wes Edens Annual Salary

According to BizJournals, in 2016 Wes’s overall take-home pay was at about $54.4 million per year. This amount includes his annual compensation at Fortress Investment Group of $13.4 million plus $41 million in shareholder dividends.

Future Endeavors

Wes Edens plans to build a train line between Miami and Orlando Florida as well as a liquefied natural-gas plant in Florida. Wes is most proud of his Springleaf project which assists in financing for those who do not have the highest credit score. The program has received a bit of scrutiny from the industry but he is happy to be able to provide a service that can assist everyone.

Role of Peter Briger in Fortress Investment Group

Mr. Peter Briger is a co-chairman and principal of board of directors of Fortress. He is a graduate of Princeton University with a business administration degree and master’s degree from the same university. As a result of his qualification and competence, he was appointed as management committee in 2002 responsible for real estate as well as credit management. He is ranked 370 according to the Forbes lists of the wealthiest individuals across the globe. Peter Briger is considered as an enigma in the capital management aspect. In the recent times, Peter has worked closely with other institutions which are have experienced challenges with their liquidity. For instance, Mount Kellett Capital Management LP which is worth $5 billion has been experiencing financial distress, and it turned to Peter for a bailout.

As a result, the Fortress Investment Group LLC which is a subsidiary of Fortress funds agreed to bailout Kellet Capital by investing $200 and gain the majority shareholder. In addition Fortress Investment funds have not only taken control of the organization but leveraged on ensuring business venture. In the recent times the Mount Kellett Company is undergoing restructuring, and as a result, it has retrenched more than 30 employees across the globe. Therefore, the bailout by the Peter Bridger is welcome news which will facilitate the bailout process and ensure smooth flow of the retrenchment exercise. The main reason for the laying off employees was to make sure the organization maximized its returns through reducing the cost implication from huge employees’ workforce.

The entry of the Wall Street on the journal in the bitcoin market has elicited mixed reactions from the Briger who has had a special interest in the instrument of trading. According to Peter Briger, Wall Street entering in the trading of bitcoins will only make it better for the concept to spread further and become accepted by all the parties within the market. In the case of bitcoins, several challenges have been experienced and the recent one being the withdrawal of the Wells Fargo from the business. Thus the engagement of Wall Street in the business is an indicator of the significant impact which the market will benefit from the use of bitcoins in trading. Despite the fact that Wall Street is cagey in engaging in bitcoins, Briger is optimistic about the organization taking up the idea and further developing the aspect. According to Briger it will not be easy for the Wall Street to engage in the bitcoins since it is still perceived as volatile and risky for investing.

Equities First Holdings Gives Future Valuation of Stocks

The year was 2012 when there was acquisition from the United States. The acquisition led to the creation of an office in London and the operation was called Equities First Holdings (EFH) begin. It popularized the use of stock-based loans and financial advice. The financial advice and stock-based loans can be used by business or individuals. An assessment of stocks provides future valuation of the stock. The valuation established for the stocks will determine if the stock can be used as collateral. Anyone with shares can be a candidate for a loan. People also come to EFH for financial advice. EFH reaped several benefits from the completion of 700 transactions and over $1 billion in transactions.

A good performance is a factor that have EFH’s operations in Australia and throughout Europe. The operation is available because people trust their products. EFH has a 15-year anniversary. EFH has performs better than some banks in the lending sector.

For details: www.crunchbase.com/organization/equities-first-usa

Equities First Holdings News: Here to Stay

World-wide we are all hearing the news on everything Trump, everything war, everything violent, and it just needs to stop. We are all growing very tired of this, and we need to change the way news is being presented to us. None of us are constantly searching for bad news, we just can only find that kind of news. So, continue reading this news on Equities First Holdings to gather some good news. The EFH company is looking toward the future, and they believe that their future partnership with EFC company is going to be a good one. They are hoping that the funding that they do provide will help ensure the quick and efficient finishing of projects.

About EFH

The Equities First Holdings company provides services such as alternative shareholder financing, and they do a great job with all of their clients as well as taking care of the needed business.

Digging Deeper Into the Highland Capital

Highland Capital is an institution under the leadership of James Dondero and Mark Okada. Throughout its history, Highland Capital has been dealing with structured products, long/short equity, high yield credit, real estate, healthcare, emerging markets, as well as distressed and special situations. Established in 1990, Highland Capital has evolved to become a dominant force when it comes to matters regarding credit management. It has grown from a company that merely provided services in management and fixed income markets to an organization that deals with protective asset management.

 

 

Currently, Highland Capital Management has employed more than 180 individuals all of whom are evenly spread out across the globe. Since 1990, Highland Capital has been expanding and now covers areas like Singapore, Seoul, New York, Sao Paulo, and Dallas. For a long time, Highland Capital Management has found solace in serving banking facilities, foundations, governments, wealthy individuals, companies, pension plans, and endowments just to mention but a few. Highland Capital has been bold enough to use its discipline and experience to realize success. With the corporation having mastered the art of yielding steady returns, the institution has been able to thrive even during tough times. To extend its reach, Highland Capital Management works with affiliates like Highland Brasil NexPoint Capital, ACIS Capital Management, NexPoint Advisors, and NexPoint Residential Trust.

 

 

For more than a decade, Highland Capital has deeply invested in the affairs of its employees. To date, the organization brags in spending more than $10 million in charity courses across the globe. Highland Capital has been able to impact the community positively through drives meant to improve the living standards of its employees and their immediate neighbors. It is only a few days ago that the Highland Capital’s NexPoint fund raised $269 million in a rights offering for shares drive. Also, the organization engaged the community by organizing a festival marking the Mother’s Day celebrations at the Dallas Zoo.

 

 

Thus, Highland Capital Management has got what it takes to take the global economy to the next level. With the guidance of its most capable leaders, success lies within reach. All you have to do is engage the company’s services since Highland Capital guarantees you of positive outcomes.