Author Archives: BB008

Southridge Capital Giving Back to the Community

At the top of the executive committee of Southridge Capital are five professional managers and team leaders. Stephen M. Hicks is the founder of Southridge Capital. The CFO and Controller are Narine Persaud. CFA, Laurence J. Ditkoff CFA, Director of Research and CPA. General Counsel of Southridge Capital is assigned to Henry B. Sargent, JD, and CFA. Mrs. Linda Carlsen sits on the portfolio management team.

Social responsibility is in the center of the radar at Southridge Capital and exercises it both informally and formally thru its philanthropic outreach. Besides its philanthropic thrust, Southridge Capital brings together a program which moderates and encourages volunteer work along with community leadership leading to a positive impact on local community involvement on social needs and tasks. Lastly, Southridge Capital follows up its philanthropic efforts with its efforts at assisting both non-profit organizations, and local charitable giving carried on nationwide.

The Daystar Foundation is the brainchild of Stephen Hicks and his wife; together they support multiple charitable organizations that have a significant impact in improving society and support teenage involvement as well as encourage academic engagement for those preparing for higher education. Check out their website southridge.com

Southridge Capital

Southridge Capital dedicates its financial strategies to assisting over 250 growth companies, since its establishment, innovative business solutions. Nearly 2 billion dollars have been used by Southridge Capital since 1996 in financing growth companies in their daily operations thru its various financial tools and providing business counsel in establishing a public company, obtaining large loans or working thru the process of a bankruptcy. Southridge Capital has been very successful in all of its efforts for over two decades leading the financial businesses as a leading investor in small to medium growth companies.

Southridge has been very instrumental in effecting social responsibility issues thru its Daystar Foundation which is used to support various organizations, especially in the medical health sector: Western Connecticut Health Network Foundation/Danbury Hospital and the Ridgefield Visiting Nurses Association; lastly, the Save a Child’s Heart Foundation. According to Stephen Hicks, the Daystar Foundation hopes to “make a significant impact in people’s lives.” Mr. Hicks enjoys giving back to the community.

Click here: https://www.facebook.com/Southridge-Capital-118716878160402/

RECOGNIZING THE GOOD WORK BY RICARDO TOSTO

With so many years of expertise, Ricardo Tosto’s law firm, Leite, Tosto and Barros, is considered among the best in the industry. Being acknowledged by the Chambers Latin American guide of 2018 is no small feat, and the company has been applauded for its good work. The Chambers Latin American guide gained recognition as one of the most important international directories that ranks law professionals and firms globally. Mainly attributed to his performance in litigation and dispute resolution Tosto has made a name for himself and made the firm a recognizable brand in the legal sector.

According to the guide, clients were particularly pleased with the zeal demonstrated with follow-up cases and the commitment to their work. They were also happy with the know-how the team has in the area. In one of the phrases, a customer commends the team for its almost immediate answers to different questions posed to them.
One of the most interesting performances by Ricardo Tosto’s is highlighted in this issue. Works cited include the million dollar process against Banco Safra. Major clients revealed in the guide include Banco Fibra, Rabobank, GM, Paranapanema, and Azul Linhas Aéreas.

Following this guide and professional recognition the Latin Lawyer 250 edition pointed out the names of important legal directorates who deserved prominence. Ricardo Tosto was one of the listed litigation lawyers of Brazil in the issue.

Ricardo Tosto’s law firm comprises of a dedicated team of 91 lawyers and 15 partners. They take the accolade home by being a great performer in all types of litigation involving clients in energy, infrastructure and banking sectors. Leite, Tosto and Barros focuses majorly on administrative, family and probate, labor and social security, China desk, civil, real estate, infrastructure, tax, environmental, corporate, banking, mergers and acquisitions, corporate and corporate criminal.

Ricardo Tosto’s  Social Media: www.youtube.com/watch?v=qc0MFA_hkFc

Reasons To Why Aloha Construction Is In A Class of Its Own

Aloha Construction, the Midwest’s leader in general contracting, has just added another notch to its belt. The Better Business Bureau presented the company with the Torch Award in 2017, and it was long overdue. Aloha Construction has been a fan-favorite in the general-contracting community for quite some time. The company was founded by Dave Farbaky back in 2008, and it has completed more than 10,000 home-improvement jobs to date. These are extraordinary numbers for a rather new general contractor and repeat business is high on most clients’ agenda. The Torch Award proves that the top company in home improvement can truly be honored without having to go through ridiculous politics. This panel of 15 individuals must narrow their choices the top contenders in the field.

In order for a business to win this fabled award, you must meet the industry’s criteria. The Better Business Bureau has strict standards in place and any lacking in quality can sufficiently decrease your chances of ever winning. Companies that have won this award has demonstrated social responsibility and has demonstrated leadership to the highest degree. In addition to that, the winner must practice higher than normal ethics as well as be involved with their respective communities. Yes, there is a lot of “red tape” to cut through, which is why this award is so highly coveted. Aloha Construction epitomizes the Torch Award to the fullest of its abilities, and it has a long list of satisfied customers.

Aloha Construction is very educated in the tasks at hand. Its staff members work together as a team. All scheduled appointments are kept and the company serves an enormous geographical area. That can not be said for most of the competition, but you should have a much better feel for why Aloha Construction is the best in its respective class.

https://www.angieslist.com/companylist/us/il/lake-zurich/aloha-construction-inc-reviews-6197878.htm

Financial Services Firm Secures $53 Million in Debt Financing

NexBank Capital, Inc. is a financial services firm based in Dallas, TX. The firm recently closed a private placement for $53 million in debt. Since 2016, the bank has secured $283 million in debt and equity.

This newest round of financing is for fixed and floating interest payments. The notes mature on September 30, 2027 and are non-callable for the first five years. For that period of time, the notes earn at the rate of 6.375%. After the first five years, the notes earn at a floating rate based on the spread of the then current three-month LIBOR of 458.5 basis points.

The notes are rated as BBB- (Stable) by Kroll Bond Rating Agency and are considered Tier 2 capital under applicable capital regulations.

NexBank is involved in three primary areas of financial services: commercial banking, mortgage services and institutional services.

Commercial Banking – NexBank serves as the banking institution for corporate clients. Just as retail banks hold deposits for consumers, NexBank and others in the commercial banking realm hold the deposits of corporate entities. This is simply a deposit side of the business where the firm will have checking and savings accounts for various corporations and other business entities. NexBank also offers banking services to individuals who need checking, savings, online accounts and certificates of deposit at competitive rates.

Mortgage Banking – Additionally, NexBank provides funds to mortgage professionals (particularly mortgage brokers). NexBank is an institutional partner, so they do not originate loans. The firm can offer conforming, government backed and jumbo loans (and other MSR products). The company is also approved to sell and/or service Fannie Mae, Freddie Mac and Ginnie Mae loans.

Institutional Services – NexBank provides institutional services including investment banking, public funds, treasury services, and real estate advisory services.

Overall, NexBank is a very diversified financial services firm. They can help institutions and individuals. They provide funds for mortgage bankers and brokers. Finally, they assist governmental entities, corporate clients and others with all types of financial services. This newest round of $53 million will go a long way towards helping and servicing new and existing clients.

The Heart Of The People In Tony Petrello

Having a geothermal and largest gas drilling contractor, Tony Petrello is the owner of Nabors Industries Limited. It works in several continents although it started as a small company. Tony got his education in the United States which gave him a channel and start to his career. He was given the operating office in the company in the late twentieth century. With his working experience, he got from one rank to another in the company as he was able to use his skills providing effective services.

Anthony Petrello is an all-round leader who knows that it takes one to help others as an assurance of change and satisfaction. He has the heart of the people and this has motivated his philanthropic works. As a result, he has offered a lot of finances to different charitable causes. Most of his donations have been contributed by emotional and circumstantial situations. For instance, Tony Petrello gave thousands of dollars to Yale University to start scholarships to support the students in commemoration of the dead Professor Lang. to add on that, he gave more contributions to the University to help in the honoring of the professor.

Moreover, Tony Petrello has done more philanthropic works such as in Texas Children’s Hospital. The driving force or motivator towards his support is the illness of his daughter Carena. He therefore, has given millions of money to the hospital which has been of great assistance. The money has helped in the treatment of children with neurological problems. Together with his wife, they facilitated the contribution of more money to help in neurological research which has been beneficial to all children with neurological problems globally. His generosity has resulted to more beneficial impacts in other segments other than oil investment. With this contribution, the medical service especially for the children improve drastically hence the community changes.

As seen, CEO Tony Petrello has the heart of care and concern. He finds joy helping out people in difficult situations to find lasting solutions. It is evident in more of his philanthropic works such as the concern he had for the community during the Hurricane Harvey in Houston. He showed love by giving financial support to various organizations that were in the helping work of trying to rescue the victims from the Hurricane. This money ensured proper services offered to ensure the safety of the victims such as good medical care provided and housing. He further took contributions and added his to give for relief to the community. For a lasting solution, he used some funds from the company to create a branch for relief funds to help people in case of disasters.

Learn more about Anthony Petrello: https://angel.co/anthony-petrello

Clay Hutson credibility in his career

Clay Hutson is a great person in the music industry whom when it comes to stage management, production design, show production and stage management the music stars compete for when it comes to their music activities. He has his sound lighting company that offers all these services. He developed the urge and the interest in music back in his young age and he has managed to work hard and become a recognized person in the music industry.

He went to Central Michigan University where he studied bachelor of Fine Arts degree in theatre design and technical production. This was not his stopping point. He still had the desire to go for further education since he was more determined to achieve his goals to be one of the most recognized people in the music industry. He went ahead and obtained a masters degree in Business administration and this has enabled him to be in a position to manage his company and contribute to its significant level of growth and development.

Apparently, one of the most famous hip hop stars is planning to have a tour for her final installment of Hopeless Fountain Kingdom World tour in which she plans of having an appropriate tour manager who can use the equipments with the highest level of technology and organize the show to make it the best live show ever. To her, all this means working with Clay Hutson. This means that he has a very good reputation among music stars which has created the highest level of trust to them.

During this tour, there will be performances by most of the famous music stars in the world including Nikki, Lauren Jauregui from the group of fifth harmony and Jessy Reyez. According to Halsey, this tour requires the highest level of attention and a supportive staff that will be able to turn this even into a very sizzling one.

All this will be provided by Clay Hutson because he is considered to have the ability to organize his team and over the years he has been able to manage a number of important tours. He manages and instructs his staff members clearly and they are able to make every performance so beautiful to the audience.

With the help of Clay Hutson, it is believed that this tour will be the most successful and the performances will be as beautiful as never before. This is because all this is dependent on the effectiveness and the efficiency of the tour manager whom it is believed that Halsey has chosen the best one who never disappoints. Learn more: http://www.etnow.com/news/2017/8/ver-drives-onerepublics-honda-civic-tour-production

OSI Food Solutions Expands Food Plant

The food industry is one of the most important and valuable in the world as it helps to ensure that people all over the world have access to quality food. One company that has been a leader in the industry for nearly 100 years is OSI Food Solutions, which is based out of Aurora, IL. While OSI Food Solutions started small as a family owned business in the suburbs of Chicago, the company has continued to grow a lot over the past few decades. In this time period, OSI Food Solutions has been named as one of the top private companies in the world and a leader in the food industry.

While OSI Food Solutions already is a very large company that looks to provide customers with quality products and services, it also is constantly looking for ways to improve itself. Over the past few years, OSI Food Solutions has made a major investment that has allowed it to more than double its production of chicken products in Europe.

In 2017, OSI Food Solutions announced that it had finalized the expansion of a plant located in Spain. This plant was already one of the largest food production plants in Spain and was used largely for producing poultry products. The expansion that was completed by OSI Food Solutions more than doubled the size of the plant and greatly improved the amount of product that the company could produce in any given year.

With the new addition to the plant in Spain, OSI Food Solutions is now one of the largest food producers in all of Western Europe. While the company is happy that it can now produce more product than ever before, it will also be able to provide more jobs to those that are in the area. With the plant addition, the company will need to hire more than 100 new employees to work at the plant and help it to run efficiently.

When OSI Food Solutions looks to expand, it also looks for ways to be kind to the local environment. Food production has historically required the use of a lot of energy, but OSI Food Solutions constantly is looking for ways in which it can reduce their energy usage. This has helped them to design buildings that are more energy efficient and allow for better operating procedures. This allows the company to produce more product and save on energy bills as well.

Learn More: branchenbuch.meinestadt.de/guenzburg/company/2803011

Which of Wes Edens’ Franchises is More Valuable: Bucks or FlyQuest?

Diversification is an important goal for wealth portfolios. Finding the best brands in a number of different markets can help you outlast the tough times. Did billionaire invest in the NBA Milwaukee Bucks and League of Legends Flyquest teams for the sake of diversification? Which of these brands is more valuable?

NBA Milwaukee Bucks

Sports franchises continue to increase in value due to jersey sales, trademarks and media contracts. Forbes calculated that the NBA Milwaukee Bucks franchise was worth $1.075 billion. After assuming partial ownership, Wes Edens invested in a $524 million arena with apartments and retail businesses as part of a 30-acre downtown development.

Time rests for no man.

The “Association” franchises also tend to be owners of valuable real estate. Cities are proud of their home-grown teams and will assist with marketing. This might include festooning the city streets with team banners. Everyone wins with sports franchises.

 League of Legends FlyQuest Family

Billionaire Wes Edens has expanded his sports investments portfolio by purchasing the League of Legends Flyquest for $2.5 million. Electronic sports are the wave of the future. South Korea, Japan, Canada, Sweden and the United States are some of the top markets.Cloud9 has become an eSports industry leader. Some believe that its FlyQuest brand needed a boost. Owner Wes Edens revamped the lineup to prepare it for a more competitive field.The Unranked Smurfs counted 80 million monthly players of League of Legends in 2017. This market has a tremendous potential for growth. Just think of those who love the NFL, but did not invest in a football franchise before the advent of the Super Bowl.Now, billionaire Wes Edens is getting in on the ground floor, just as he did by taking the Fortress Investment Group public. By being an early investor, Mr. Edens can influence the future of the entire industry. There are also synergies between his NBA and League of Legend’s brands.And, FlyQuest has also become a family affair since Ryan Edens will help run the team. Experts would guess that Ryan had played League of Legends when young and become a fan of Cloud9. Now, he is not only a fan, but an owner.Sports is about making money and having fun. Wes Edens plans on doing both. While the Bucks are more valuable at this time, FlyQuest has more potential.

Alex Pall and Andrew Taggart, Their Journey To The World Of Music

Alex Poll is an artist who hadn’t found that he was to create music as a passionate endeavor until he was standing in front of an art gallery, and it came as an ah ha moment that he needed to seriously pursue this line of business. At the time Alex was working a job up in New York, where he grew up cultivating the DJ as a lovable hobby.

His side job of music was only secondary income, and his music career hadn’t really taken off yet. It was at that time when his music manager told him a man by the name of Andrew Taggart was coming down to work with him, and that is when everything seriously launched. Andrew Taggart attended an institution for higher education right before starting to get into music fully.

He was engaged and interested in electronic music, and because of that he was often ridiculed for his style of attire. When Andrew left the school initially to finish his education in Los Angeles, the electronic music’s popularity scaled up faster then at that time. Simultaneously Andrew also produced musical compositions on Sound Cloud, and at live shows, thus perpetuating his eventual life direction in the music industry. He received by word of mouth that a member of The Chainsmokers left the group, thus leaving a spot open for a new participant.

Instead of Andrew going westbound to Los Angeles for the completion of his college degree, he paid for a bus to New York and met fellow musician Alex Pall. Together they immediately sparked as the two shared more in common then expected. They then studied music for four long years to become The Chainsmokers. Unlike other bands where they take it easy for one to three years, only to find that when they come back they lost a large amount of their fan base, The Chainsmokers do the exact opposite by constantly working on future projects.

http://www.imdb.com/name/nm7353508/

Wes Edens, Billionaire

Wes Edens’ position on the Forbes billionaire list is #962. Edens studied finance at Oregon State. He is responsible for being a chairman and founder of Fortress Investment Group. Edens’ compensation is $13.4 million including $41 million in shareholder dividends. Edens is on a list of “Very High Earning Private Equity Executives.” Edens’ total salary is $200,000 with nearly $1.1 million in stock awards. As a chairman and founder of Fortress Investment Group, a global investment management firm that was founded in 1998, Fortress is involved with assets of 1,750 institutional clients. Employees include 969 asset managers since September 17th, 2017 along with 216 investment professionals. Edens also has $11.6 million in bonuses and $478, 493 in other income in 2015. Edens is the co-owner of the Milwaukee Bucks, a National Basketball Association franchise, which he owns with Marc Lasry.

As for his work with Fortress, Fortress did become the first publicly traded buy-out firm in 2007. Edens has a B.S. in Finance and Business Administration from Oregon State University since 1984. Edens runs the private equity part of the Fortress Investment Group business. Springleaf Holdings Inc. is a subprime lender, which expanded to $3.5 billion under Edens’ leadership.Fortress is Springleaf’s majority stakeholder. Edens is also the chairman of Nationstar Mortgage, a subprime home equity mortgage lender that had been acquired by Fortress for $575 million. Edens sold Fortress to Japan’s Softbank for $3.3 billion cash. Edens made $512 million off of this sale and $11.4 million since February 2017 through bonus dividends, having received another $1.4 million in uninvested shares.

Fortress is going to continue to be run as an independent business based out of New York. Softbank had paid $8.08 per share as a $2.25 per share premium even as Fortress closed for $5.83 per share. Eden’s stock had thus increased to $142.6 million and traded at $7.85 per share when trading closed.Fortress specializes in private equity funds, liquid markets funds, credit funds and traditional asset management. Fortress has experience in corporate mergers and acquisitions that determines how an investment will go. Fortress believes in low-risk financing. Fortress has businesses along the lines of equity funds and credit specializing in asset-based investing. Fortress values deep industry knowledge on what to invest in as well, and you can rely on our team of investment professionals while refining tools for assessment in strategic challenges with complex investments in mind.