Category Archives: Financial Services

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.

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.

The Professional Investor Sahm Adrangi

Most people in the investment industry know about the hedge fund investor known as Sahm Adrangi. You are going to find that Sahm Adrangi is one of the top investors in the industry, and this is why so many people go to him when they need help with their own investment options. Investing can be incredibly difficult if you have never done it before in your life, and it is nice to know that there was a professional like Sahm Adrangi by your side who is going to be able to help you to make better investment strategies, and learn more about Sahm Adrangi.

If you would like to learn more about Sahm Adrangi and the different strategies and options that he is currently involved with at the moment, you can easily visit his social media pages on Facebook and Twitter to see what he is up to at the current moment in time. He keeps these Pages incredibly updated at all times, so you can see what he is involved in at the moment no matter when you decide to check it out. He also has a website available for you to make use of if you would like to learn more about his portfolio and the types of work that he does, and http://www.insidermonkey.com/hedge-fund/kerrisdale+capital/672/.

Make sure that you work with the professionals when trying to invest because this is something that you are going to find to be incredibly difficult on your own. When you make use of a professional like Sahm Adrangi who has the years of experience and education behind him in the investment industry, you can feel confident knowing that all of your decisions are being made in a careful and consider it matter. You are going to be able to visit just about any website or social media page connected to Sahm Adrangi in order to learn more about him and what he is able to do for you. This is why so many people flock to this amazing professional investor in order to learn more about the different options he has available to them at any current moment in time right now, and more information click here.

Equities First Holding UK Five Years of Excellent Financial Service

Equities First Holdings in the UK was established in 2012, 10 years after the United States Equities First Holdings was established. Equites First Holdings UK is one of the leading investment companies. Many of EFH of UK have investors that include the largest banks in the area and major law firms.

Joel Leonoff of Safeway pics and Andrew Newland, the CEO of Angle PLC are two of EFH of UK’s major clients. EFH UK is among the largest global market money lenders, offering the lowest interest rates of any money lending company. Equities First Holdings is committed to serving the daily financial needs of each investor from small personal investors to large corporations. Equities First Holdings is located in nine countries. On May 2nd, the money loaning company has celebrated its 15th anniversary. EFH has 15 years of offering their clients attractive liquid funds and many other well-crafted financial products.

Capital Group Leading Force when it Comes to Financial Success

Capital Research and Management Company has been thriving in an unstable economy thanks to Timothy Armour. Tim Armour is the chief executive officer of Capital Group and is the current chairman of the Capital Group Companies Management Committee. He has amassed more than 30 years of investment experience while working with Capital Group. He originally started his time with Capital Group as part of The Associates Program. His investment career with Capital Group began as an equity investment analyst. He would cover global telecommunications and United States service companies.

 

Timothy Armour has been vocal about finding the right hedge fund manager. The key for Armour is to find those who actually earn their pay. He tells people that most fund managers have become lazy and only rely on index funds and do not do the proper research that is required when it comes to finding the right companies. Armour says index funds cant distinguish themselves on business trends. He knows that a strong financial manager is the only way to prosper when you invest.

 

Timothy Armour was appointed chairman of Capital Group Companies in 2015. Within weeks of becoming chairman, Timothy Armour made a deal with Samsung Asset Management, which allows both companies to develop retirement solutions together. Tim Armour believes this deal with create investment solutions that will fulfill the needs of the Korean investors. While the world was panicking over the sudden failing market, Tim Armour remained calm and was able to ride out the storm and Tim on Facebook.

 

Tim Armour received his bachelor’s degree in economics from Middlebury College. Throughout his career he has been featured in industry leading magazines including Bloomberg and the Financial Times. He’s also discussed investment issues on CNBC and MSNBC. He’s also written an article discussing the reason that Warren Buffett will win a wager he made in regards to investing just in passive index fund and more information click here.

 

Tim Armour currently resides in Los Angeles, California. Timothy Armour continues to steer his company towards success and works with those who request advice when it comes to investing. Armour appears to be a leader in the investment field and learn more about Tim.

 

More visit: https://medium.com/@timarmour

 

Eric Lefkofsky Recap

You could go to any cancer centre and ask how many of their patients were put on Herceptin over the last two years and how they were doing, and that information would not be readily available, they would need about three months, a grant and postdoc to provide you with the data requested. This was the point that Eric Lefkofsky made at the Fortune Brainstorming Health Conference on Wednesday.

He admitted that data was available, but stated that molecular data was only half the pieces in the puzzle; clinical data also need to be gathered. Phenotypic, therapeutic and outcome response data which refer to a person, the drugs they are taking and how they are responding to those drugs in combination with molecular data should be at the fingertips of doctors and clinicians and what Eric knows.

If all the data are integrated and easily accessible questions like why a treatment works for a certain percentage of patients and not the other, what age group are such patients in, do they have other health conditions will be better answered. Accessibility to such in-depth data would undoubtedly lead to better treatment of cancer.

“My goal is to get most people starting in oncology and then those working on neurological disorders to use our platform to collect data for analysis,” Lefkofsky said.

The whole idea behind Eric Lefkofsky’s start up company Tempus is to create a synergistic technology of electronic medical record and pathology systems. That takes medical data, make sense of it and send it back to its original source for validation and verification. Doctors and researchers can then use the concise patient data to do a better job.

Lefkofsky is Chairman and co-founder of Groupon. He is also co-founder of Lightbank, InnerWorkings, Uptake Technologies, Mediaocean, and Echo Global Logistics.

In 2006 Eric Lefkofsky and his wife established The Lefkofsky Family Foundation, a private charity committed to advance high-impact programs, initiatives and research that enhance the quality of human life in the communities served.

He is involved with The Museum of Science and Industry and World Business Chicago, The Art Institute of Chicago, Lurie Children’s Hospital of Chicago, and sits as chairman of the board of trustees of Steppenwolf Theatre Company also in Chicago.

Eric Lefkofsky graduated from the University of Michigan and received his Juris Doctor in 1993.

Other Reference: www.forbes.com/profile/eric-lefkofsky

Under Tony Petrello’s leadership, Nabors Industries climbs to top of the heap

Few industries are as competitive as the oil extraction business. Since the Texas oil boom of the early 1900s, vast fortunes have been made and lost in the United States oil industry. Only the strongest, most motivated and those possessing the vision to persevere could make it in such a climate of stiff competition.

One of those people is Tony Petrello. Over a career spanning more than 25 years in executive roles, Petrello has taken Nabors Industries from the brink of bankruptcy to become one of the most innovative and strongly positioned oil extraction companies in the entire world. With the largest fleet of land-based drilling equipment of any company on earth, Nabors Industries has set the pace for a profitable extraction of oil and gas resources in both the United States and across the globe.

One of Petrello’s key ideas has been the diversification of Nabors Industries into highly innovative solutions designed to aid the extraction of hard oil resources that are common throughout the North American market. Nowhere has this been more apparent than in the case of the North Dakota fracking field or the Alberta tar sands. In the case of the Bakken Shale formation, Nabors Industries has established itself as the premier provider of all drilling equipment, securing a niche market worth billions of dollars and materially contributing to the total U.S. energy production.

It is through adroit moves like this that Petrello has established himself as one of the greatest oil and gas CEOs in recent history. Through his strong leadership and vision, Petrello will lead Nabors Industries into the 21st century with confidence and skill, securing its position as the top producer in the U.S. oil and gas industry.

 

Donates Funds To The Officer Foundation

On Thursday night, a sniper attack in Downtown Dallas left several Dallas police officers dead and others wounded. Banks and employees in Texas have come together to support the families of those who were killed or wounded. These individuals have donated to the Assist Officer Foundation, an organization run by the Dallas Police Association. In case of death or injury of a police officer, the entity offers immediate financial assistance to the families of such officers. NexBank was among the financial institutions that contributed funds in support of the affected families. The bank’s president and CEO, John Colt, applauded the citizens and companies that joined forces to support the victims. He went on to assert that even though the funds may not eliminate the harm caused, they lessen the pain of victims.

About NexBank Capital

NexBank Capital, Inc. is a Dallas-based company that offers financial services through three major avenues, which are mortgage banking, investment banking and commercial banking. Over the years, the company has been providing customized services to institutional clients, corporations and financial institutions across the world. In August 2016, NexBank announced the completion of $24 million in common equity capital. John Colt said that the raised funds would be used to enhance the company’s growth and development opportunities. He also thanked their shareholders for their continued support. NexBank had a net income of $38.1 million and ROAE of 37.6 percent in the first half of 2016. The total assets amounted to more than $3.5 billion and total deposits stood $2.6 billion at the end of June. This impressive performance marked an increase of 61 percent and 49 percent respectively.

By June, NexBank SSB, a regional bank and a member of the FDIC, had total gross loans of $2.5 billion, which made 72 percent of the bank’s total assets. NexBank Capital, Inc. and NexBank SSB’s strong capital levels, earnings and liquidity profiles have earned them good ratings from Kroll Bond Rating Agency. The senior unsecured debt of NexBank was upgraded from BBB- to BBB while NexBank SSB received a rating of BBB+ on deposit and senior unsecured debt. The executive VP and chief operating officer of Nexbank Capital, Inc, Matt Siekielski said that the raised capital would enable the company to expand its operations.