Business, CEO, Entrepreneur, Investments, Technology

In early February 2018, Shervin Pishevar opened the floodgates on his ideas about why the US economy was headed downward. This was all after a significant drop in the stock market. Shervin Pishevar sent out 50 tweets in 21 hours pointing out reasons he felt the US economy was spiraling out of control and would see another drop in the stock market by at least 6,000 points in the coming months. The vast majority of his tweets were dark.

One of the most ominous forecasts was in regard to the big five unicorns. This includes Alphabet, Amazon, Apple, Google, and Microsoft. He anticipates a possible downfall of these big companies. He refers to them as being giants that are built on a monopoly framework. He says they will fall, as they should. Shervin Pishevar seems to feel that most have a blind eye as far as the power of these giant companies is concerned. However, he believes that their influence is not good for the US economy, especially considering the fact that they can buy out small start-up competitors. He feels that this will ultimately cause the entire system to fail.

When the stock market takes a dramatic dive, the government often uses a tool called quantitative easing to re-correct the market. Shervin Pishevar acknowledges that this tool has been used successfully in the past to correct the market. However, he warned that people should not be fooled when the government pulls this tool out again. He says that it has been used too many times to continue to be effective.

Shervin Pishevar has a globalist perspective and seems to feel that there is some hope. Toward the end of his tweet storm, he mentioned that when the middlemen are irrelevant, people will be able to have a global economy that is more efficient and frictionless. He has spent several years fighting for a more transparent society.

Throughout the 50 points mentioned on Twitter, Shervin Pishevar touches on challenges that are specific to politics and nationalism. He even mentioned some cultural trends. Besides the 6,000 point decline that he anticipates for the stock market, it appears that his concerns are broader than that.

Financial, Investments

Fortress Investment Group is one of New York City’s investment management firms. The company began in 1988 as a private equity firm. The founders were Randal Nardone, Rob Kauffman and Wesley R. Edens. Fortress Investment Group officially launched on February 9th of 2017. At this time they were the first major United States private equity firm in history to be traded publically. By June of 2016 the firm was responsible for the management of roughly $70.2 billion in assets including credit funds, liquid hedge funds and private equity.Fortress Investment Group ventured into the hedge fund, debt securities and real estate segments shortly after the company was founded. The company was successful with their investments. Between 1999 and 2006 their private equity finds netted 39.7 percent. Lehman Brothers and Goldman Sachs underwrote the IPO enabling Fortress Investment Group to launch on the NYSE in 2007. The company was honored by Institutional Investor in 2014 as the Hedge Fund Manager of the Year and by HFMWeek as the Management Firm of the Year. Fortress Investment Group had previously received recognition as the Hedge Fund of the Year in the Discretionary Macro Focused category by Institutional Investor in 2012. In 2010 and 2011 they were honored as the Credit Focused Fund of the Year.

Jeff Feig was hired by Fortress Investment Group in 2014. He was previously Citigroup’s Global Head of Foreign Exchange. He joined the Fortress Macro Fund as one of the CIO’s. In October of 2015 an announcement was made by the company that the Macro Fund worth $2.3 billion would be closed so the assets could be distributed to the investors. This occured after Jeff Fein had already stepped down in July of 2015. Novogratz was the only CIO remaining and his retirement was expected by the time 2015 closed. Fortress Investment Group encompassed four core businesses by June of 2016. The total of assets under management were roughly $70.2 billion. This included traditional asset management, credit, private equity and liquid markets. In April of 2010 they acquired Logan Circle Partners.

The SoftBank Group agreed to purchase Fortress Investment Group for $3.3 billion in February of 2017. This acquisition reached completion in December of 2017 for $3.3 billion. The medical startup group Theranos received a loan from Fortress Investment Group in December of 2017 for $100 million. The reports indicated Theranos was nearing bankruptcy at the time and the loan was mean to keep them financial solvent. Fortress Investment Group was invested one of Florida’s private passenger rail lines at this time. In January of 2018 the company divested themselves of both Logan Circle Partners and the Florida East Coast Railway.Fortress Investment Group was still Florida’s Brightline passenger rails parent company. This is the only passenger railroad privately operated and owned in the United States. There were reports in January of 2018 Fortress Investment Group intended to sell their OneMain stake to Apollo Global Management. On January 5th this agreement was officially announced. Varde Partners were also involved in the acquisition.

Business, Business Leader, CEO, Entrepreneur, Investments

There is a biotech company on the market that has recently made claims of a new breakthrough drug that can fight cystic fibrosis for patients by improving lung performance drastically. However, Kerrisdale Capital has researched and reviewed these statement by Proteostasis and has found that they are most likely a load of hooey. This market has largely been dominated by Vertex for many years, and Sahm Adrangi suspects this new drug is more of a chemical cocktail that has no real results behind it.

The trial done by proteostasis one consisted of four patients and after some diffing, Kerrisdale found that the increase in performance that this biotech company is claiming their drug provides is actually because of a slight drop in performance among the placebo group. This gap in percentages is most likely due to poor testing procedure says Kerrisdale Capital.

One of the most important questions that Sahm Adrangi poses is what will happen to the company should their drug not be successful like they claim it to be? Currently, the value of the company is mostly derived from their product, which means they stand to drop in share value by upwards of 90 percent should this drug prove worthless. This lets Sahm believe that Proteostasis is willing to fabricate their data and push out a drug cocktail in order to profit or at least maintain their company value.

Sahm Adrangi is hardly wrong with his reports and he always digs deep in order to find the most accurate data when he puts the word out about a company, whether good or bad. This is why so many people follow the words of Sahm Adrangi. The fall in Proteostasis share value after Kerrisdale’s report came out is a testament to this fact. After Kerrisdale took the short position on Proteostasis, the biotech companies share values have dropped upwards of 20 percent, causing them to sell over nine million shares to maintain their funds.

http://www.zerohedge.com/news/2016-04-21/notorious-short-seller-raises-100-million-take-down-unknown-company

Business, Investments

He now lives in San Francisco. He is a man with many accolades. His current job at Fortress investment has attracted attention among the business community. He has long-running experience spanning decades in business. The Principal and co-Chairman of Fortress investment group remain upbeat despite his demanding schedule. Fortress Investment Group is one of the largest alternative investment outfits in the US and beyond. Fortress has both corporate and individual customers. The company is entrusted by over 1750 organizations to manage assets on their behalf. Fortress is in charge of investment worth over $ 65 billion.

Peter Briger’s Career Path to Fortress

Peter Briger has had sufficient exposure to the world of business. He was appointed co-chair of Fortress Investment Group in 2009. He had worked for the group in various management positions since 2002. Peter Briger is now the man in charge of the credit fund and real estate. He has an MBA that he got from the University of Pensylvania. Prior to his MBA degree, he studied Economics at Princeton University. He previously worked as a partner at Goldman Sachs. He supervised a range of business operations while at the firm. Peter Briger has also served as a board member in numerous important committees in the business world, including the Global Control and Compliance Committee. Mr. Briger also helped to manage the Asian Distressed Debt Business and the Goldman Sachs Special Opportunities Fund.

Peter Briger Away From Work

He has made a mark in the communities that he has worked. Of course, Fortress Investments has its philanthropic profile in the form of CSR, but Briger takes it a notch higher. He is a direct contributor to various philanthropic organizations. He is also a conspicuous supporter of a number of community initiatives. One of the organizations he supports is the Silicon Valley leadership Council. It is a council that works for the Global Fund for Children. Mr. Pete Briger is also an active participant in bodies that seek to foster global understanding of foreign policy issues as set by the elected class.

Peter Briger’s Wealth Profile

It was in 2007 when the alternative asset management group, Fortress Investments, appeared in the NYSE with an IPO. Observers say that it served is the point when Peter Bridger was declared a billionaire. Analysts report that at the time, the Fortress Principal and co-chair had $66 million shares which translated to over $2 billion. Fortress Investments is some form of special asset Investment Company. Mr. Peter Briger has maintained his pursuit of more wealth creation. The shrewd businessman has a business acumen that is clearly above average. His wealth creation tact is inspired by pursuing asserts that no other investors seem to notice. He has had a special interest in the distressed debt segment. Briger has also found value in a new area within the corporate sector. He discovered that there are many banks that sell assets they regard as nonperforming, or as a result of pressure from shareholders, or regulation. It is through such avenues that Fortress and its Principal Peter Briger make a kill. They love to buy off all such assets and retune them for more lucrative business. They love those assets because they can always buy them at greatly discounted prices. For instance, it has been shown that his three immediate past credit opportunity ventures have produced returns ranging from 25%, 17.8%, and 12.7%. Pundits say that it will even get better for Peter Briger in the future.

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Financial, Investments

It is interesting to know that over 2/3 of Americans do not know anything about stock investment. Majority of those who lack this knowledge are stuck with traditional means of investment such as saving bank accounts. It is a sad reality that reveals how people are losing out on opportunities to make money because they do not know that there are other methods of investments that can reward way better than the banks. Bank pay very little in interest loans. So, for money kept in a bank to gain anything worth mentioning, it might take years. The good thing, however, is that the current generation is interested in knowing about alternatives methods of investment.Risk in a common factor in all business investments. In fact, many people who are still investing their money in bank accounts do so for fear of losing their money in other investments. There is good news for those who are ready to embrace new ways of investment.

The stock market is one great area where investors can make money easily. However, lack of knowledge about stock investments has kept many away from the markets.For anyone interested in learning about stock investment some experienced investors can offer insight to beginners on how to approach investment. One such investor is Paul Mampilly. He is a reputable American investor who has over 25 years of experience trading various stocks. As an experienced investor, he has dedicated his career now to educating beginners on how to invest wisely.The former hedge fund manager has a newsletter called “Profits Unlimited,” in which he details all the information beginner traders would like to know about investment.

However, it is not only the newsletter can one get advice from this investment guru. There are tons of free material on the internet which he has made, with pieces of information about investment opportunities that are available.As a mentor to many investors, he makes sure that they have their eyes on the right sectors. According to Paul Mampilly, best stock investment opportunities are those that are backed up by technological growth. Technology is having a big impact on almost everything in the world today. Any new product that is coming into the market has a touch of technological innovation.We are living at a time when the world is transitioning from the traditional ways of doing things to a modern life full of technological innovation. As this transition happens, more and more investment opportunities are now available.

Business Leader, Investments

Paul Mampillly released a teaser pitch for its new Profits Unlimited newsletter. The newsletter will cover important news within the healthcare industry. For a yearly subscription fee of $97, readers will have the chance to get interesting and vital news on important and historical medical breakthroughs such as precision medicine. The pitch talks about precision medicine and what it can be able to do for humanity. Precision medicine involves studying of DNA and tailoring medicine to suit the patient’s needs. He talks of Myriad Genetics, a diagnostics and personalized medicine firm that specializes in cancer and non-cancer testing programs to help people who may be at risk of getting cancer.

Contribution

The company in question gets its revenue mainly through hereditary cancer screening, especially for colon and breast cancer. Through their tests, they identify the risk factors such as mutations that a person may have that may contribute to the risk of getting cancer. The company has performed well especially because more people are ordering for cancer tests, especially breast cancer tests, increasingly. Additionally, Myriad has a monopoly over other companies because they have been on the market for a few years. Hence they have a library of data on the mutations and variants of cancer.

Growth

The success of Myriad Genetics cannot be completely pegged on finances as their revenues have flattened out in the past four years and analysts expect the company’s earnings to drop. Their testing products are successful,and they are becoming foundational I the field over time. The company also has various growth prospects as they hope to diversify into new segments such as Vectra DA test and GeneSight test.

About Paul Mampillly

With up to 25 years of experience in investment Paul Mampilly is a trusted voice in his field. He has ventured into healthcare and biotechnology, which gives him an edge when it comes to issues such as precision medicine. He is also the founder of Capuchin Consulting. He got his MBA from Fordham University after which he got a job with Bankers Trust as an assistant portfolio manager.

Experience

Paul Mampilly later managed to work with ING and Deutsche Bank, adding on to his experience. He was further taken in by big corporations. Later, with Kinetics Asset Management, he managed to develop the hedge fund and grew the assets of Kinetics to $25 billion. He still graces the streets of the finance world but on a smaller scale as he helps common people make money and works as a research and investment analyst.

About Paul Mampillly: dailyreckoning.com/author/pmampilly/

Entrepreneurs, Investments

The decision by Barron’s editors to do a story on James Dondero came as no big surprise to any serious investor. The CEO and co-founder of the successful alternative investments firm, Highland Capital, has won the admiration and respect of both his peers and clients for his uncanny abilities of identifying and picking sure winners.

Up Close with John Dondero

James, 56, is a self-confessed introvert who cherishes some alone time to think critically and analytically about the pressing problems he encounters on a daily. It is only upon closer scrutiny that one discovers how different Highland really is compared to its industry peers. One, clients pay less for consultation here and, two, the firm’s not so keen on adding security funds to their client’s portfolios.

Humble Beginnings

Dondero has championed a top-heavy investment strategy at Highland. His risk-averse mindset of placing bold leveraged bets on various industry sectors like real estate, energy and small caps has transformed his capital firm to the envy of the world. In 1993, James teamed up with Mark Okada and they set up an insurance company which would eventually become Highland Capital. The founders then moved the company from Los Angeles to Dallas citing better taxes, geographical positioning, and the cost-opportunity as the primary reasons. Dallas becomes the adopted home for the duo who now sponsor a variety of local causes and events.

Highlands Modus Operandi

Ideally, Highland got set up to be a credit firm specializing in Collateralized Loan Obligations (CLO’s). Their growth trajectory, however, later saw them venturing into alternative mutual fund investments. That notwithstanding, Dondero reiterates that the investment direction remains the same as it was back when they opened. At Highland Capital, ideas are always moving up and down the command chain. The top executive’s chip in suggestions to their junior associates to think and pore over while the juniors are also expected to contribute their suggestions to the bosses.

About James Dondero

James Dondero’s name is synonymous with success in the mutual fund investment realm. The New Jersey-born industrialist attended the University of Virginia. He holds a degree in Accounting and a Master’s in Finance. John is a renowned philanthropic. He has donated millions and pledged more to charity over the three decades he’s worked at Highland Capital. He supports artists in Dallas. He funded the app, Reasoning Mind. The application was designed to help kindergarten kids with learning.

Business Leader, Investments

Jim Dondero, the personable CEO of Dallas-based Highland Capital Management, is known as an expert in emerging market investing and advance market investing. Highland Capital Management has more than $16 billion in assets under management. The diversified Highland Capital portfolio puts the investment firm in the top fifty hedge funds in the industry. Dondero co-founded the investment firm in 1993 with Mark Okada, and the company has grown every year since then. Highland Capital has offices in Sao Paulo, Singapore, Seoul, and New York. But even though Dondero and company get a lot of press in the investment world, many of those stories don’t include the charitable donations that are part of the Highland Capital Management mission statement.

Dondero and the board of Highland Capital decided on a $3 million annual budget to fund various nonprofit organizations in the Dallas community. The Dallas Zoo, the Ross Perot Museum, and the George W. Bush Library, and several other local nonprofits benefit from the donations they receive from the Highland Dallas Foundation. Mary Jalonick, the CEO of the Highland Dallas Foundation, recently announced the appointment of Linda Owen as president of the organization. Linda Owen is well-respected in the nonprofit community. Owen is a former CEO of the Woodall Rodgers Park Foundation. The addition of Linda Owen to the Highland Dallas Foundation staff reaffirms Dondero’s commitment to the Dallas community.

In order to maintain a $3 million charitable budget, Jim Dondero and his executive team must stay one step ahead in the hedge fund market. Dondero’s recent investment in Argentina’s bonds shows the company’s commitment to their emerging market strategy. Brazil is another emerging market that is making a comeback in 2017. Dondero is aware of the opportunities that exist in the Brazilian market. But Dondero also likes to maintain a presence in the healthcare and energy industries, as well as, the retail and wholesale industries. He is also interested in FinTech startups and the gold market. Staying one step ahead takes knowledge, connections, and money. Dondero and Highland Capital have all of those things and more.

Highland Capital Management Charities

Investments

Disasters and natural causes have plagued different parts of the world in the recent past. In the USA, several states have been affected by the catastrophe leading to loose in lives and destruction of properties. Many organizations have come up in support of the affected communities and are currently riding high doing the society proud. For them to succeed, they have however enlisted help from major corporations in their quest to save humanity. These acts of generosity have helped many states especially in the Midwest, East Coast, and the Gulf Coast.
The United Ways of the Midwest and Southern Disaster Fund is an organization that provides emergency funds to the communities affected by natural disaster. The organization offers assistance to people regarding food and shelter as well assisting education institutions to get back to their feet. When natural disasters strike, many diseases like cholera are bound to affect the community. However, the organization assists in offering health facilities as well giving financial assistance to the afflicted.
In the recent past, Alabama, Arkansas, Georgia, Kansas, and Kentucky have been some of the beneficiaries of The United Ways of the Midwest and Southern Disaster Fund. The organization has offered their assistance under the United Way for the Greater New Orleans Area. The team which is based in Alexandria, Virginia is committed to bringing the best out the community. The organization has made the problems of the community its own and hence making the life of the people of the southern states and the Midwest better.
The United Way of the Midwest and Southern Disaster Fund has enlisted the assistance of Madison Street Capital in its quest to assist humanity. The later is a renowned international cooperation that deals with financial advice, mergers and marketing relations. The partnership with the financial has been of help to the organization since it is now more knowledgeable on how to manage the funds it has at its disposal. Madison Street Capital’s reputation of having qualified staff capable of aligning all organizations and offering financial services tailored to their specifications makes it more attractive. That is why The United Ways of the Midwest and Southern Disaster Fund have sought help from the renowned multinational corporation.
The organization is a Chicago-based firm. Being a Midwestern firm, it is, therefore, prudent for it to collaborate with financial institutions in the area as well as the nonfinancial organization in a bid to improve the lives of people of Chicago. As the adage goes, charity begins at home, and this is only amplified by the fact that the organization is doing well in this field. The organization has years of experience to offer the best financial advice. More information can be found at http://www.benzinga.com/pressreleases/16/08/r8401008/madison-street-capital-announced-as-finalist-for-the-15th-annual-m-a-ad

Investments

Recently, M&A Advisor announced that Madison Street Capital had made it to the finals of the awaited 15th Annual M&A Advisor Awards.

In the financial industry, the awards are held in high esteem. They symbolize achievement, identify excellence in financing, deal making and restructuring besides celebrating the achievements and contributions made by leading professionals and firms. The Chicago based firm was nominated for the industrial Deal of the Year and Boutique Investment Banking Firm of the Year -international. The former recognizes Madison Street Capital’s pivotal role in making it possible for Dowco to acquire Acuna & Asociados S.A. This transaction was undertaken under the leadership of Karl D’Cunha, the investment bank’s senior managing director.

The founder and CEO of Madison Street Capital, Charles Botchway, could not hide his joy after assisting the company’s longstanding client, Dowco, with its acquisition process. He posited that they were happy to be nominated for the Boutique Investment Banking Firm of the Year- International. He went ahead to posit that the company’s deal makers put more efforts in connecting clients with the emerging and growing businesses. To this end, clients’ diverse needs are addressed.

Karl contended that the acquisition process was intricate given that it was characterized by many moving parts. He concluded by asserting that Madison Street Capital would strive to provide its clients with innovative services. The award ceremony shall be held on November 9, at the 15th Annual M&A Advisor Awards Gala in the New York Athletic Club.

In the past 18 years, the M&A has recognized and established a solid financial industry and professionals. The entity continues to connect leading industry performers across the world. This information was originally mentioned on Benzinga.com.

About Madison Street Capital

Madison Street Capital is a renowned investment bank that is committed to delivering corporate financial services to private and public companies. The company’s employees embrace integrity, leadership and excellence in undertaking their day-to-day duties. By virtue of being in business for long, Madison Street Capital is sensitive to issues of corporate finance. This way, it has managed to respond quickly to opportunities. The employees have extensive knowledge and experience on how to match buyers and sellers. In addition, they can match financing and enhance capitalization structures to the unique situation of each client. Since its inception, Madison Street Capital has helped many clients achieve their goals.

The investment firm has succeeded in providing valuations, M&A and financial advisory services because of its experience in corporate governance and corporate finance. Madison Street Capital’s strength lies in four core areas of expertise. They are extensive network, investment banking, independent valuation services and professional depth. The company has comprehensive resources, litigation support and connections with high-level decision-makers. It has unrivaled expertise in mergers and acquisitions, financial restructuring, capital raising and portfolio valuation. In addition, the entity observes the highest level of professional standards courtesy of unparalleled leadership and decades of experience.

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