Category Archives: Investment Expert

Endorsements Continue To Roll In From End Citizens United

When the traditional PAC, EDnd Citizens United was formed in 2015 with the clear aim of providing a reversal of the controversial Citizens United ruling of the U.S. Supreme Court it was said to have to narrow a focus. After playing a major role in the 2016 U.S. Presidential Election cycle, End Citizens United is now seen as a major force for left-leaning candidates from across the U.S. seeking to win office at all levels. The PAC Chair Tiffany Muller has been quick to explain candidates willing to work towards reversing the Citizens United decision will be supported with the full force of her organization. As the days tick down towards the 2018 Midterms, End Citizens United has been endorsing Democrats and Independent candidates at record levels after only three candidates were willing to sign a pledge not to accept funding from special interest groups in 2016.

In contrast, more than 70 left-leaning candidates have been willing to sign the pledge in 2018 prior to the Midterms with the PAC seen as an important group to align oneself with for possible 2020 Democrat Presidential candidates. Among the candidates endorsed by the PAC before the 2018 Midterms are those challenging some of the biggest names in the GOP. The first candidate endorsed by End Citizens United prior to the 2018 Midterms was Beto O’Rourke who is attempting to unseat incumbent former GOP Presidential candidate Ted Cruz; the former Tea Party candidate is now one of the largest recipients of dark money in Washington with the Democrat outperforming Cruz in funding from the grassroots level, according to End Citizens United.

Another candidate initially looking to overcome one of the Republican heavy hitters is Randy Bryce, a candidate who took on the attempt to unseat House Speaker Paul Ryan. A major recipient of dark money, Ryan would withdraw from public life to spend more time with his family after being named to End Citizens United’s Big MOney 20 list. Bryce was already looking a good bet for the victory in 2018 because of his high level of fundraising at the grassroots level which gave the Democrat a lead of almost $2 million in funds raised by the end of the first quarter of 2018.

Randal Nardone: Helping to Lead Fortress Investment Group into Success

Randal Nardone of Fortress Investment Group

Randal Nardone of Fortress Investment Group

The success experienced by Fortress Investment Group is nothing short of miraculous. The men that stand behind the company are some of the most exceptional business personnel in the field. They have worked hard to build something that is not only trustworthy but provides a level of service that is unmatched in the field. The company began in 1998 when its founders decided they wanted to try and create something on their own. They had originally envisioned it as an equity management firm for private individuals, but it eventually grew to include businesses as well. The company also works with businesses and individuals on matters of liquid markets, credit, private equity, and other standard asset management concerns.

Fortress Investment Group has been very successful is the work that he has done because it has grown from a relatively small company to one that is managing more than $40.9 billion. This expertise in their field has been catalyzed by strong leaders such as Randal Nardone. Randal Nardone is a well-known financial guru and legal presence in the investment world. He obtained his Juris Doctor from Boston University. This gave him a solid foundation of law and business to fund his next up into investment.

Because of the success experienced by Fortress Investment Group, Randal Nardone is now considered to be one of the wealthier individuals in the United States. What is astounding about that fact is that he has made his fortune entirely on his own. He pushed himself to build something that he believed in and now he is reaping the benefits. The work that he is done is exceptional. He has used his position as a Principal and CEO of Fortress investment group to change the trajectory of not only his own life but the lives of his clients as well. Even today he continues to do exceptional things in finance. He believes that there are always ways that the company can continue to better itself. There is no doubt that as Fortress Investment Group continues to grow it will benefit from the powerful knowledge of one of its amazing leaders Randal Nardone. Meet Fortress Investment Group’s Ex-Billionaire Interim CEO

Randall Nardone, CO-founder of Fortress Investment Group.

Randal Nardone is a co-founder at Fortress Investment group which was formed in 1998. He has served as its Principal since its formation and also as the Chief Executive Officer since 2013. He has been serving as a member of the management committee since establishment and also acts as a member of the board of directors after being appointed as one in 2006. He also serves as a director in the organization.Randal Nardone has also co-founded Fortress Investment fund and acts as its Chief Operating Officer, Chief Executive Officer, and even Principal. He is one of the co-founders of Fortress Registered Investment Trust where he has held the titles of Secretary, Vice President, and Chief Operating Officer. He now serves as the President and Chief Executive Officer.

Randal Nardone has worked in Newcastle Investment Corporation as Secretary before serving as its Vice President. He has been Secretary and Chief Operating officer at IMPAC Commercial Holdings. Randal has also been Chief Operating Officer of RIC Co-investment fund where he was also secretary and portfolio manager. He served as managing director at UBS and as a principal at BlackRock financial management. Randal Nardone has served as a director at Florida East Coast Holdings and also at Springleaf Holdings, Alea Group Holdings Limited, OneMain holdings, Fortress Transportation and Infrastructure Investors. He has also served at Mapleley as a non-executive director. He has also been a director at New Media Investment Group, Brookdale Senior Living, Aircastle Limited, and SeaCube Container Leasing Limited.

Randal Nardone has also been a partner at Thacher Proffitt and Wood law firm. Randal has attained a Bachelor’s Degree in English and Biology from the University of Connecticut. He also has a JD from Boston University School of Law. In December 2017 Softbank Group a Japanese company finalized a 3.3 billion dollar deal to purchase Fortress Investment Group. However, Fortress Investment continues to operate within as independent but within the Softbank group. The leadership of Fortress Investment was as well retained as the principals, Wes Edens, Pete Briger, and Nardone continued leading the business. Randal commented that selling Fortress to Softbank was the right move. This is due to their investments in private equity becoming slow. He saw that the purchase would bring about a rise in business as well as create benefits for the investors. He noted that the introduction of Softbank Group brought about a new business environment which would enable return bringing investments.

Fortress Investment Group; a True Lion in the Investment Sector

Having begun as a tiny investment management entity, Fortress Investment Group has over the past two decades demonstrated incredible growth that has not been experienced by any other investment manager globally. The firm was started by its three founders; Randal Nardone, Rob Kauffman, and Wes Edens, back in 1998. It started as a private equity fund, having only a meager $400 million in assets under management. The principal idea in the minds of the three founders was to invent a new type of firm that would consolidate funds from private equity and subsequently invest the fund in cutting-edge investment vehicles.

Immediately after its foundation, Fortress Investment Group underwent a very vigorous growth that saw its managed assets shoot to $3.9 billion within the five years of operations and further to $32 billion by 2007. This tremendous growth had come as a result of some core competencies that propels the company and keep it moving. One of the key competencies unique to Fortress group is the expertise it has in mergers in acquisitions. The company’s personnel have a very sound understanding of the market and have established professional relationships with key stakeholders of various organizations. This aspect assists Fortress to effectively manage their M&As and consequently benefit from them.

For instance, during the period between 2006 and 2007, Fortress Investment Group acquired several key organizations. These include Intrawest, a Canadian company that operated the largest ski resort in North America. Fortress also purchased Florida East Coast Industries (which owned Florida East Coast Railway), Penn National Gaming (which operated casinos and horse racing venues) and also RailAmerica.In 2010, Fortress Group went ahead to purchase AIG’s American General Financial Services, which later changed to Springleaf Financial Services. One amazing fact about this acquisition is that after the transaction, the value of the acquired property skyrocketed under Fortress’s umbrella, to $3.5 billion, what was 27 times its original value.

About Fortress Group

Fortress currently has divided its operations into three main segments; credit, permanent capital vehicles and private equity. It valued at $43.6 billion in assets under management. Originally, the headquarters of the firm were situated in New York. However, due to its expanding nature, it has established three more headquarters, one in San Francisco, in Singapore and the last one in Shanghai. It has also increased the number of its employees to 1,100 so that it can effectively manage its operations. Indisputably, Fortress Investment Group is the investment industry lion.

Fortress Investment Group principal, Wes Edens

Wes Edens is a Fortress Investment Group principal and the Bucks basketball team owner.Wes Edens is a renowned philanthropist and a private investor. In the year 2014, he joined hands with the Moroccan Marc Lasry to purchase the Bucks basketball team from Herb Kohl at $550 million.They invested a further $100 million in a multipurpose arena, the arena would not only be Buck’s home ground but would also host drama and musical concerts. He obtained his Bachelors in Finance and Business Administration from Oregon State University in the year 1984. He began his career at Lehman Brothers as a partner and a managing director. He later moved to BlackRock’s private equity division and worked as an associate and an MD before leaving the firm in the year 1997.

With his extensive knowledge and skills in private equity, Wes Edens partnered with Michael Edward, Randal Nardone, and Robert Kauffman to found the Fortress Investment Group. The firm is a private equity company that deals with asset management. He was appointed the Co-Chairman of the Board of Directors at Fortress in 2009. The fact that he had gained extensive knowledge and expertise in equity business meant that he was the right man to handle Fortress’s private equity business.He was also the brains behind the purchase of subprime lender, Springleaf Financial Services by Fortress Investment Group. The buy out made the firm Springleaf’s majority stakeholder, and by the closing of 2015, the value of Springleaf had skyrocketed to over $3.5 billion.

According to BizJournals, Wes Edens’ annual earnings stand at $54.4 million. This is in the inclusion of his annual compensation from FGI of about $13.4 million and a further $41 million in dividends.He also takes home almost $1.1 million in stock awards, an $11.6 million in bonuses, a $200,000 salary and $478400 in other compensations. In January 2018, a deal was struck between Fortress Investment group and Japan’s SoftBank Group Corporation.The former would buy Fortress at the cost of $3.3 billion in cash. Fortress would, however, retain its headquarters in New York. Wes Edens also secured his leadership role together with Randal Nardone in a five-year deal.Considering that FGI had been started with a $400 million in 1998, this was an excellent deal. Today, he is married to Lynn Edens and together they have four children. He is widely known for his charity work and donates mainly to health, education, and art.

Paul Mampilly – Investment Guru

Career Background and Bio

Paul Mampilly received his MBA from Fordham University in New York in 1996. Paul Mampilly’s career began in 1991, as an Assistant Portfolio Manager at Bankers Trust. He moved up with fierce tenancity to a prominent positions at Deutsche Bank and ING. He has over 25 years of investment experience. His clients range from high profile to aristocrats of Europe and Fortune 500 companies. He formally worked on Wall Street. He is a genius at spotting small companies with innovative products and models. Paul Mampilly won the Templeton Foundation Investment Competition in 2008 and 2009. Read more about Paul Mampilly at Talk Markets.

He was the founder of Capuchin Consulting a consulting firm that gives investment ideas to professional investors. He has been on spotlighted on several television shows such as; Bloomberg TV, CNBC and many others. Paul Mampilly has managed millions of dollars for well established companies, as well as companies just starting. He has also managed accounts for the Royal Bank of Scotland.

Paul Mampilly was pursued by Kinetics International Fund and was hired. He shortly gained momentum after earning the company more than it’s previous years before him. In 2008, he invested in Netflix, and sold his share to gain a distinguished amount in profits. In 2012, Paul Mampilly gained more notoriety by purchasing and selling his shares in Sarepta Therapeutics for an over 2,000 percent gain. These major fund investment transitions really put Paul Mampilly on the map. His position as an investment guru was now solidified and internationally known. Read this article at Seeking Alpha.

Current Endeavors

Currently you can find Paul Mampilly aiding individuals gain wealth through investing in technology and many other special opportunities. He is the Founder and Senior Editor of the newsletter Profits Unlimited, which subscribers can follow to learn about primed stocks in order to make higher profits. By leading this company he has taken the helm to offer guidance to those who are interested in learning more about the stocks to invest in and when to get away from the stock market. In addition, he is Senior Editor of Extreme Fortunes and True Momentum at Banyan Hill Publishing.