Browse Month by May 2018
International Business, Investment Group

Wes Edens The Role He Played for the Success of Fortress Investment Group

The problem with the financial markets these days is that they have gotten much harder to predict than ever before. The companies are spending millions on investment management to ensure their funds and investments are safe and can get them the returns they are hoping to get from it. The investments have to be made in a way that helps in getting the returns as expected in the long-run. The affluent individuals, as well as the multi-million and billion dollar enterprises, hire investment managers to take care of their finances in a well-planned and organized manner. The investment managers are well aware of the various investment options the market has to offer and which fund or the investment option would align with the end goals expected by the clients.

Among the many professionals out there, one name that you will continuously hear is that of Wes Edens, who is the Chairman and one of the founding members of the Fortress Investment Group. Wes Edens had completed his studies from the Oregon State University from where he passed with a bachelor’s degree in finance and business administration. Soon after his graduation, he received a lucrative job at the well-known investment company, Lehman Brothers. After being a partner and also MD at the company, he left the company in 1993 after having worked there for six years. He then joined Blackrock Asset Inc and worked there for four years. In the company, Wes Edens was one of the partners and also rose to the position of the Managing Director.

Wes Edens soon realized that all of his knowledge of the financial industry is in vain if he keeps on working for other investment firms. It was then he decided to start his own firm, and so in 1998, he along with four other partners began Fortress Investment Group. The private equity company soon became one of the most successful investment companies in the country. It was also the first American private equity firm to get its place on the New York Stock Exchange, something that was never done before. Wes Edens has recently invested in an eSport recently after he purchased one of the team, FlyQuest that would compete in the League of Legends. He is just one of the owners to own such a team as he believes that it is something exciting and would offer some significant returns in the coming years.

International Investment Bank, Investment Group

Wes Edens and The Concise Description of His Propitious Career at Fortress Investment Group

It is safe to say that a business leader always wants to offer the best that they have for the company they are running. They give their all. They risk being called splenetic, arrogant and harsh just to make the company they’re running stand out, thrive and reach a sustained level of success. One of today’s business leaders who show such dedication is Wes Edens, the private equity investor responsible for the growth, expansion and turbid but positive changes in the operations of Fortress Investment Group.

The Career at Fortress Investment Group

It’s better to start the description of Wes Edens’ career by saying that he is one of the principal partners that compose the founders of Fortress Investment Group since it was founded in 1998. The investment expertise of Edens was also recognized by The Wall Street Journal as a composite of a strategy involving contrarian bets and creative solutions that may appear controversial to other investment groups. The investment industry is filled with sinuous and occluded challenges that may escalate in areas that are hard to deal with, but with Wes Edens, they get the direction they need.One highlight of the progress timeline of Fortress Investment Group is the fact that it also became one of the first publicly traded firm that has reached a successful buyout status. The profundity of the challenges of doing this is so deep and difficult, but the skillset that Wes Edens has able to showcase for the company has really stamped a great mark for Fortress.

The Employees’ Engagement

Employees who don’t work in an environment that they love become depraved and uninspired in the most inveterate way. Fortunately, the employees at Fortress Investment Group are happy, fortunate and full of coalescing support and passion for the growth of the company with them. You can even read at the Indeed.com website some of the 5 star reviews that the employees say about the company, which include the statement that interns are learning from an elite group of people who can easily bring their expertise level up. It is also indicated that with the help of the people training the employees at Fortress, the workforce gets the boost they need to ensnare the really practical and creative ideas necessary for the company’s growth.

Business

Jim Larkin and Michael Lacey Supports Immigrants despite the Tussles

In countries where racial profiling is immense and perpetuated by top leadership, the immigrants get subjected to cruel treatments.

However, there are individuals who will stand with those whose rights are violated no matter the cost. Jim and Michael are such individuals who vowed to help the Latino attain their rights in America, no matter setbacks along their way.

Lacey and Larkin

Michael Lacey was born in Newark but moved to the US in the 1960s for his university studies in Arizona. Together with other students established Phoenix New Times to widen the scope of media coverage. He partnered with Jim Larkin in the business; Jim became responsible for the advertisement while Lacey was in editing.

The coverage explored not only political but also social issues which enabled their circulation to sprout thereby making it the best choice among other alternative newspapers. The two began to write against racial discrimination, they revealed how paper writers and editors were targeted by the grand jury. This is what set them into the hands of Joe Arpiao, Maricopa County’s Sheriff, who was totally against the penetration of immigrants.

Describing Joe Arpaio

Joe Arpaio is a famous Sheriff not only in Arizona but in the entire nation for being opposed to illegal immigration. His county Maricopa in Arizona contains many Latinos and Hispanics who are immigrants.

The sheriff and his office engaged in unlawful violation of the civil rights of these emigrants blaming them for the miseries in their society.As though he was heartless, Arpiao and his office targeted and detained Latino and Hispanic drivers and racially profiled them.

The Cases

The sheriff continued with the vice until 2011 when Murray, the U.S district court judge ordered him to stop the act. Despite the clear order, Arpaio intensified his profiling with claims that the order was unclear and that they incorrectly understood the terms. Read more: Phoenix New Times | Wikipedia and Michael Lacey | LinkedIn

This triggered further judicial consequences where Judge Susan Bolton sentenced him for violating court orders together with his office. This was after he lost his seat as sheriff in the seventh attempt after having been in the seat for six terms.

Background Information on His Misconduct

Arpaio and his office not only profiled immigrants but also bounced back on those who criticized their conducts as vivid in the case of Phoenix when they incredibly revenged on Larkin and Lacey. Arpaio sent armed officers who arrested them and detained them separately; however, the voice of those who opposed the arrest was so loud that they were released promptly.

After the release, the duo engaged Arpaio in a stiff legal battle which they won in 2012 when the Court of appeal ruled against Arpaio terming the arrest unlawful. Maricopa County paid them $3.75 the two respecters of rights have used to start a foundation, the Frontera Fund, to support immigrants and boost groups that protect the rights of Latino and Hispanics.

Drawing Conclusions

Though president Trump has pardoned Arpaio, Larkin and Lacey have revived their energy greatly in the fight using journalism through FrontPage Confidential.

CEO, Dating App

Whitney Wolfe Is Named Person Of The Year

When Whitney Wolfe is asked about the term “feminist”, she will admit that she did not always like that term. However, she has had some experiences that have shown that the term fits her. For one thing, she is one of the women who refuse to be silenced. She is also someone who is willing to make sure that she succeeds on her own terms.

Whitney Wolfe has built her own business and has revolutionized her industry. She has created Bumble and has added extensions to it for women. One of the reasons that she has created Bumble is that she wanted to bring a platform of empowerment for women.

Read more: With Her Dating App, Women Are in Control

Women are not only able to approach men with Bumble, but they are also able to network with one another and build something positive without men. Bumble was configured to prevent men from initiating contact with women. Part of the reason behind this is that Whitney Wolfe has wanted to challenge an unwritten rule about dating. She has also recognized the support she had when she was going through her struggles. This recognition has led her to come up with a platform for women of like minds to meet one another as well. Then there is the extension that helps women network for business opportunities.

With all that she is doing for women, some might wonder what Whitney Wolfe thinks about men. The good news is that Whitney Wolfe is not a man hater. As a matter of fact, she has actually spoken to feminists warning them not to be so caught up in demonizing men that they also hurt the good men. Whitney Wolfe says that good men need to be recognized. This can not only improve relationships between men and women but may also show men the type of behavior that would be approved.