Monthly Archives: May 2018

The Business Story Of Wes Edens; Chairman And Founder Of Fortress Investment Group

Born October 30th, 1961 Wesley Roberts Eden is a Co-founder and Co-Chairman of Fortress Investment Group. He obtained a B.S in Finance and Business Administration in 1984 from the Oregon State University. His career began in 1987 when he became a partner and later the Managing Director at Lehman Brothers. He stayed at the firm until 1993, before he left for Blackrock. He was at the private equity division of Blackrock, known as Blackrock Asset Investors. He was a partner and Manager Director at the firm but left in 1997.In 1998, alongside four other partners, Wes Edens founded the Fortress Investment Group. The other partners included Randy Nardone, Robert Kauffman, Peter Briger and Michael Novogratz. Edens was described by the Wall Street Journal as a man who has an inkling for building businesses from investments. On February 9, 2007, Fortress became a public company through its initial public offering that saw the company becoming the first publicly traded buyout firm.

By 2009, 8% of Fortress shares had been sold to the public for an estimated $600 million.Wes Edens became a paper billionaire, alongside his partners, when in December 2006 Nomura Holdings; a Japanese Financial Holding Company acquired 15% of the firm for a whopping $888 million. He was named Co-Chairman in 2009, and in his capacity, he helped resurge the company by offering subprime lending. The firm had suffered during the subprime mortgage crisis with its stock price falling below one dollar. From between 2015 to 2016 he served as Chairman of the transportation and infrastructure department of Fortress.Wes Edens was the brain behind the acquisition of subprime lender Springleaf Financial Services, which was known then as AIG (American General Finance).

In 2010, Fortress had invested $124 million into Springleaf Holdings but by 2015 the value of the company had grown to an astounding $3.5 billion, leaving Fortress with a gain of over 27 times their initial investment. He is the firm’s Private Equity Chief Investment Officer, a position he has been occupying since August 2009. Aside from his portfolio at Fortress, Wes Edens also occupy key positions in world-renowned firms. He is the co-owner of Milwaukee Bucks, Inc. From June 2002 to February 2007, he served as CEO of Newcastle Investment Holdings. He was also the CEO Eurocastle Investment Ltd. He served as CEO Global Signal Inc. from between October 2002 and April 2006 and has been the company’s President since December 2005. He was also the CEO and President of Capstead Mortgage Corp.Eden is married to his wife Lynn, and they are blessed with four children. With a net worth of $1.2 billion, he is at number 962 of Forbes billionaires.

Randal Nardone: From Lawyer to Successful Businessman

Randal Nardone, a former lawyer, is one of the elite few in the world who can actually lay claim to being a self-made billionaire. The businessman, who has been listed more than once on Forbes annual list of billionaires and currently holds spot # 557, is one of the 1998 co-founding principals and current CEO of Fortress Investment Group–a leading global equity and investment management firm, boasting a portfolio that includes both private and public assets, real estate holdings, credit markets and hedge funds of almost 2,000 clients, totaling more than $46 billion.

Fortress also has the distinction of being the first large private equity firm to be listed on the New York Stock Exchange. In addition, Nardone, who got his Bachelor’s Degree from the University of Connecticut and J.D. from Boston University Law School and practiced law for many years before entering into the financial markets; also serves on several business advisory boards, where he carries various titles; including president and director. If that isn’t enough, Randal Nardone is also the acting director of Italian Real Estate Development firm, Eurocastle Investment.

Apparently, multi-tasking and laser-precision business acuity are special gifts that a rarified few like Mr. Randal Nardone possess; one, cultivated way back when he decided to leave his prestigious position as an executive partner with Thacher Proffitt and Wood Law Firm to venture into the often unforgiving and perilous waters of investment funding.Though new to the industry, Nardone proved to be a natural and quickly rose up the ranks and was soon the managing director of the Universal Bank of Sweden after stepping down as then head of Blackrock Financial Management. Shortly thereafter, in 1998, Nardone would meet the partners with whom he would co-found the immensely successfully, Fortress Investment Group—Wesley Edens and Robert Kauffman.Some twenty years later, Randal Nardone, who is based in New York; shows no signs of slowing down.

How Lime Crime’s New Venus 3 Palette Makes High Fashion Beauty Available To The Masses

For many years there has been a great debate over whether or not fashion and beauty can be considered art. There are some that consider makeup and clothes to be frivolous but anyone who has ever watched a beauty tutorial on Youtube or seen clothes that were designed by great minds such as the legendary Alexander Mcqueen knows that there is a lot of skill and imagination that goes into making a show stopping garment or creating an effective contour. One might say that makeup and fashion are an art for those who are interested in making themselves look like art. The online company and beauty industry fixture Lime Crime has set itself apart as a company whose highlighters, lip colors, eye makeup and hair dye are developed for those who want to transform themselves into walking works of art.

Arguably what the company has been able to do is to take the avant-garde sensibilities that beauty in the world of fashion is known for and make them accessible to everyday people. While most makeup companies were selling lip colors in shades of burgundy or pink Lime Crime has sold lip colors such as the bright orange shade that it calls Psycho and the pale green shade that shimmers like a fish’s tail that it refers to as Meadow. Like many high fashion brands,its products and makeup lines often have a unique concept. High fashion designers have often used the Renaissance and ancient folklore as themes in their designs and now Lime Crime is following in their footsteps with the latest edition to its line of Venus palettes.

The beauty company just released a new product that is known as the Venus 3 palette. The Venus 3 palette is inspired by a female love goddess from ancient mythology. The tagline for Venus 3 is Hail yes, to Heavenly Grunge, suggesting a brand new aesthetic. The Venus 3 palette has 8 colors that will be perfect for anyone who wants to make the sidewalk their runway by channeling an ancient goddess in a way that feels contemporary and bold. The Venus 3 palette includes colors such as rose gold, light purple, mauve and fuschia.

EOS Review: Cooling Chamomile

You have probably seen EOS, short for “Evolution of Smooth,” lip balms all over. Packaged in cute, colorful, sphere-shaped containers or sticks, these lip balms are portable and useful. The company specializes in organic and natural products, and while everyone can use its offerings, millennial women are the target audience.

Storage is simple, and the lip balms can be applied without your fingers ever touching the product. Celebrities and influencers quickly caught onto EOS’ appeal, and so have customers. In 2015, Kline & Company determined that EOS lip balm was the second best-selling type in the U.S. EOS now sells products such as shave cream, lotion and lip scrub, but its main offerings are the lip balms, which include Passion Fruit, Coconut Milk and Pomegranate Raspberry flavors.

More about EOS on https://www.mapleholistics.com/blog/why-are-eos-lip-balms-so-popular/

With the cool temperatures and dry air still lingering from winter, our lips are chapped and in need of some moisture. Just in time to help your lips, the company’s first Medicated Lip Balm is now available in Cooling Chamomile! (makeupalley.com).  Packaged in a periwinkle-hued holder, this tea-flavored lip balm can help relieve painful lips. Menthol creates a cooling sensation, while chamomile and aloe soften and soothe skin. Shea and cocoa butter, olive and Jojoba oils and Vitamin E also make this hypoallergenic, paraben-free product worth checking out. It also has not been tested on animals, which is a big plus. After using this, your lips will feel less rough and irritated, ready for the warmer days ahead. Help your lips, and your style, by picking up this affordable offering from EOS, check Amazon.

Matt Badiali: Growth Predicted in the Mining Industry

Whenever you think of investing there is a good chance that all that you think about is an investment in the stock markets. This can oftentimes be an incredibly good use of your money, but it’s important to remember to diversify your portfolio. One of the most commonly overlooked areas for investment is the natural resources and commodities markets. Often times these sectors of the economy can stay strong even during periods of economic recession in the stock market. Read more at PRNewswire about Matt Badiali.

Banyan Hill Publishing Company has employed Matt Badiali as their leading natural resources and commodities expert. Matt Badiali has over 20 years of experience in the natural resources sector and as well known as the lead editor for Real Wealth Strategist. He has written numerous advice columns informing his readers on the trends and potential investment opportunities that are present within the commodities and natural resources sectors.

He has recently written about the potential for a new bull market that may occur in the mining industry. Matt Badiali believes that this is due to the fact that while the stocks and shares for the mining companies have not increased significantly quite yet, there is an increase in the amount of money that is flooding into the industry. Matt Badiali just recently came from the Mining and Investment Latin America Summit in Lima Peru. At this congregation of mining industry experts, he came to be aware of some important information about the current state of the mining industry.

From 2011 until 2016 most mining companies experienced a significant decrease in the value of their stock as investors left the market. So far over the last year, the majority of mining companies have already raised significantly more capital than over the past several. Matt Badiali has experienced some significant gains in the past and the mining industries, sometimes in excess of over 100% return on investment. Visit stockgumshoe.com to know more.

One of the biggest reasons is that over the last five years several minds around the world have been forced to close their doors as the prices for the metals that they produced declined in value. It can take several years for new mines to have their doors opened. The prices for numerous metals have been increasing in the past year thanks to a decreasing level of supply. As new mining companies begin to have larger reserves of cash they will be able to open up more mines in the near future.

Check: https://medium.com/@MattBadiali