SoftBank Acquisition Of Fortress Investment Group Now Complete

The New York-based Fortress Investment Group, which is known for managing alternative assets in private equity, liquid hedge funds, and credit funds, was acquired by SoftBank Group Corp. The acquisition was completed in 2017 with the term of $3.3 billion in cash. With the completion of this transaction, SoftBank Group Corp. or SBG now owns all the outstanding shares of Fortress. All the demands and conditions were met in this transaction, while Softbank waved its day to ay control demand to win the deal.

SoftBank’s acquisition of Fortress is a mutual transaction which will help both of the firms to reach their goals. For years, SoftBank has been searching for a top company that will help them realize their goal to become a top global investment firm. Meanwhile, Fortress has been a firm which will adapt to any changes in the market to remain competitive. All shareholders of Fortress received $8.98 per share because of the 39% premium to the share price. This is set by FIG’s definitive proxy dated June 7, 2017. As a result of the acquisition, Fortress Investment Group was delisted in the New York Stock Exchange and has been reflected in SBG’s financial management.

Fortress Investment Group will still manage its funds which amount up to $40 billion in assets. The firm will still be led by its founders Pete Briger, Randy Nardone, and Wes Edens. Nothing will be changed from its day to day operations – its personnel, brand, business model, company culture and processes will be the same.

SBG’s chairman and CEO Masayoshi Son is confident that this acquisition will benefit the tech firm. The firm has been hunting for companies like FIG to acquire for two years. Because of its excellent track record, Son believes that Fortress Investment Group is the best option for SBG’s goals.

SoftBank Group Corp is a known tech firm that covers a lot of fields in the tech world. Its operations are focused on Information Revolution, with services spanning from advanced telecommunications, internet services, IoT, and clean energy tech.

Fortress Investment Group is an investment company that manages assets around the world. It was founded in 1998 and has been managing portfolios of over 1,750 institutional clients and private investors.

Learn More: therealdeal.com/new-research/topics/company/fortress-investment-group/

Stream Energy Charity Efoorts

Stream Energy

Stream Energy is a Dallas based energy sales company that has charity written in it’s history. Stream Energy has recently started the Stream Cares foundation to help prevent homelessness in the Texas area for victims of Hurricane Harvey. They have partnered with the Hope Supply Company.

Funding

It is done through allied giving. The employees at Stream energy are paid to build a loyal clientele base that distributes various types of services. Both urban and corporate services are offered. The associates commissions through this energy sales process, from there they are able to select what type of charity they would like to support as a thoughtful, ardent personal. One of the more favored options they have addressed is homelessness throughout the state of Texas. They have done this through hope and raising awareness, along with community paying it forward opportunities.

Partnering with Hope Supply Company

Each year Stream and Hope partner up and host an event that provides homeless children the opportunity to join them in going to the local water park with all expense paid. This opportunity leaves a lasting impression on these children and provides the employees of Stream as well as Hope to share leadership to the younger generations they get to help and share memories with. In 2016 Stream matched the funds donated from its associates for the victims of the tornado that struck Texas.

Stream strives to find new opportunities to pay it forward for the community, especially those opportunities that allow their employees to participate. Because Texas is one the states that usually has resistance on paying it forward, the efforts provided by Stream Energy to date have greatly impacted that entirely. By paying it forward one day at a time as anything in life goes, Stream is slowly, but surely raising the rates of generosity throughout the Texas area. One person and one dollar at a time for those in need of help. This goes to show that you can teach an old dog new tricks.

http://passivefamilyincome.com/money/stream-energy-reviews-will-stream-energy-make-you-money/

The Incredible Success of Richard Liu

Richard Liu is the mastermind behind the third largest eCommerce site in the world. JD.com is a Chinese company that allows customers in any area, heavily populated or rural, to get the products that they need quickly and effectively. Starting as just one storefront in 1998, this retailer was creating $9 million in revenue in just five years. Once they realized that it was time to take their business online, Liu started to see amazing results. Instead of buying the products from the supplier and then selling them to his customers, he instead worked with suppliers directly to cut out the middle man.

It was only a matter of time before JD.com became the largest online retailer in China. This also made it the third largest eCommerce site in the world. With this level of massive success, the future looks very bright for Liu and JD.com.

Angolan Businesswoman Isabel dos Santos Speaks on Africa’s Future

Recently, Angolan businesswoman Isabel dos Santos gave two major speeches in which she described her vision for Africa’s future. At Yale University, she spoke on developing a new economic model for the continent. More recently, members of the European Parliament along with attendees of Africa Summit 2019 listened to her remarks on Africa’s coming digital revolution.

In 2018, Dos Santos was the keynote speaker at the annual Yale Conference for African Peace and Development. According to dos Santos, Africa has the world’s largest concentration of young people. Such massive population growth presents challenges in the areas of education and job creation. To address Africa’s population growth, Isabel dos Santos says that Africa needs a new economic paradigm, which she calls “the New Africa Story.”

Proper treatment of the environment is part of the economic model that Isabel dos Santos envisions. She says that Africa needs “clean water, clean energy, clean soil, and clean air.” However, establishing local markets for small and medium-sized producers is central to her new model. She believes changing one person’s life at a time is key to Africa’s transformation.

Isabel dos Santos addressed European Parliament and Africa Summit 2019 delegates in January 2019. She was as a member of a panel on “Africa and Emerging Technology”, which is her area of expertise as chairwoman of Unitel, a mobile service provider. Since Africa has already experienced a mobile revolution, dos Santos believes a digital revolution is in the continent’s future. She believes that e-commerce transactions will outnumber brick-and-mortar ones and that Africans will embrace digital banking.

The businesswoman said companies can participate in Africa’s digital future. As an example, she pointed to Unitel’s collaboration with Google to have an underwater fiber-optic cable to connect Africa, Brazil, and America. She also reiterated some themes from her Yale speech, such as the challenges of rapid population growth, the need for good education, and sustainable management of the environment.

 

Heather Parry booming With a Star is born

The nominees for the Academy Awards have been announced, and A Star is Born scooped eight nominations. Bradley Cooper bagged the Best Actor. Lady Gaga was nominated for Best Actress in a Motion Picture. Fans were elated at the Golden Awards when ‘’Shallow’’ was awarded song of the year award. In the film, the song was performed by Bradley Cooper as well as Lady Gaga in writing that was produced by Mark Ronson. It’s clear that history has repeated itself in the collaboration of Gaga and Cooper.

A Star is Born is a love story of the ups and downs of love as well as fame. Lady Gaga plays Ally, an upcoming artist who falls in love with an established singer Jackson Maine (Cooper) when his career is spiraling downwards. On the other hand, her star grows. Gaga and Cooper have been nominated for Best Actress and Actor alike. The film has also been nominated for Best Supporting Actor and Best Adapted Screenplay. Other nominations include Best Cinematography as well as Best Sound Mixing.

Shallow, a song that Gaga plays in the movie has been nominated for several 2019 Grammy Awards. It’s also been nominated for best overall music track and Song of the Year. This focuses on songwriting. Gaga called in a counterculture in many ways. She added that even though the song didn’t fit into the perfect parameters of a commercial track, fans are still connecting with the music, which meant a lot to the artists.

For Heather Parry the executive producer, this movie has represented a vital move into scripted films as well as a natural progression into the television industry after releasing smaller projects with a budget of under $5 million. Such documentaries regarding artists in music embark on their journeys.

Heather Parry also adds that it’s invaluable to take such risks in a movie that highlights the personality of an actor. She adds that A Star is Born entailed risk-taking. When she heard that Bradley Cooper would play a role in the movie, she knew that he would do a great job. She then requested to be part of it. Other movies she has produced include Believer, the Imagine Dragons documentary and Five Foot Two, a documentary for Lady Gaga.

Categories: CEO

Serge Belament the Creator of Blockchain Technology

Serge Belament is a founder and Blockchain technology inventor. Belamant was born in 1953 in Tulle, France. He is also known by the name Serge Christian Pierre Belamant. At the age of fourteen years old, his family relocated to South Africa where he was admitted to Highlands North High School in Johannesburg. At Highlands North High school he learnt to speak English fluently and besides that Belamant managed to participate in various school curriculum activities such as rugby and other athletics. He also managed to play chess, where he represented Southern Transvaal, he finished at sixth position in South Africa school chess championship in 1972, in that year also he won Victor Ludorum award. Belamant bright nature in school led him to graduate with an excellent grade for the university. He joined Witwatersrand University to study Engineering for his first year, in second year he choose to study Bachelor’s degree in computer science and applied mathematics while at third year he transferred to study Bachelor’s degree in information systems at University of South Africa.

At 22 years old, before completing his studies, Serge Belament made a bold decision to start career life. He was employed at a large civil engineering company called Matrix where he managed to come up with an application for analyzing levels of water in a dam via the RSA. He also created several computer models at the Council of Scientific and Industrial Research. In 1980 he was named analyst of the year when for working on Cyber net application support team at Control Data. He also worn analyst of the year in 1982 while working for his ESKOM division as the head analyst. While working with Control Data equipment at DATABANK, Belament created first financial system which was scientifically driven. He also developed VIB network which he later sold to Volkskas. Serge Belamant became consultant for Bancorp firm which mainly dealt with management and analysis of risks. Later, Serge Belamant was employed at SASWITCH as the head of IT division.

In 1989, Serge Belamant resign from SASWITH to start his foundation called Net1 Technologies. Net1 Technologies was mainly built from his initial achievements known as Funds Transfer System. In 1995, Serge Belament invented a new application from Funds Transfer System technology. When Serge Belamant relocated to United States, he successfully integrated Funds Transfer System and Universal Electronic Payment System technologies which resulted to Chip Offline Pre-authorized Card. Due to the advancement of technology Net1 technologies resulted to development of Blockchain Technogy.

Read More: patents.justia.com/inventor/serge-christian-pierre-belamant

Boraie Development: Changing the Skyline of New Jerseys Major Cities

The major cities of New Jersey are currently experiencing an economic rebirth after the Boraie Development decided to extend their investment in state’s largest settlements. One of the most well-known projects today is the establishment of business districts within the downtown area, which will invite a huge number of wealthy people to move into the state. Boraie Development has been planning for years to revitalize the economy of Newark, New Brunswick, and Atlantic City, and they are now trying to bring in businesses back into these cities through the establishment of different residential units and complexes. In Atlantic City, for example, a huge portion of the population moved out after Las Vegas became the gambling capital of the United States, leaving many casinos in the city without less patrons. However, the Boraie Development started to consider building new residential complexes within the city center to encourage people who are living in suburban areas to move in. They are also offered with several incentives upon choosing to live in the city center. The affordable housing costs for projects involving Boraie Development also caught the interest of people who are in the middle class and the working class. Boraie Development has done a great job in revitalizing the interest of the people to move into the city center.

The same phenomenon is happening in Newark and New Brunswick. Newark has its economic sector stalled 50 years ago, as people started moving to New York City and other large metropolitan areas in the East Coast. However, Boraie Development saw that the city has the potential to regain their economic status, and they partnered with popular NBA player Shaquille O’Neal to build a residential tower in the middle of the city. Boraie Development marketed the structure heavily, gaining a lot of buyers. This influenced the company into building more residential complexes around Newark, and the popular basketball player thanked the management for choosing the city where he grew up to benefit from their project of revitalizing the economy of the state.

Lastly would be the developments in New Brunswick, and Boraie Development initiated the construction of The Aspire, which became one of the best residential complexes in the city because of the luxurious living experience that it provides. Each unit within the Aspire is decorated with only the best materials, and the residential complex is being secured 24/7, with a lot of amenities available to its residents.

Ryan Seacrest And His Dedication To Fashion And Entertainment

When you hear the name Ryan Seacrest, you would likely remember him hosting one of the most famous music competition on the planet, the American Idol. He also appears on other media platforms such as radios and fashion. Currently, Seacrest is one of the most recognizable faces on the American TV. But what are the other things that he does away from the spotlight?

First thing first, Ryan Seacrest is one of the hosts in the hit singing competition the “American Idol”. He has been hosting the show for years since 2002 together with Brian Dunkleman. Starting on May 1, 2017, he also became one of the main hosts of the morning talk show “Live with Kelly and Ryan” together with Kelly Ripa.

Among his endeavors in the radio broadcasting industry is the radio show iHeartMedia’s 102.7 KIIS-FM. He is also the host of the of the number 1 radio show called “On Air with Ryan Seacrest”. And last but not the least, he also serves as the host of the nationally syndicated Top 40 radio show.

Ryan Seacrest does not only lend his talent on screen and on air. He is also known for his endeavors outside the camera and for producing award-winning films. His earlier works way back from 2006 are “Shahs of Sunset” and “I Love Kellie Picker.” One of the most popular New Year shows, which is ABC’s “Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest” is also co-produced by him. Seacrest is also the producer for the award-winning “Jamie Oliver’s Food Revolution” which landed him an Emmy Award. Among the shows that he produced are “Keeping Up with the Kardashians” and “E!l Live from the Red Carpet”.

Seacrest is also known for his philanthropic works, which is called The Ryan Seacrest Foundation. The foundation is known for building Seacrest Studios in pediatric hospitals nationwide. Seacrest Studios have broadcast media centers which help children heal via television shows, radio shows, and more.

When it comes to fashion and beauty products, Ryan Seacrest founded a menswear lifestyle brand called the Ryan Seacrest Distinction. This brand offers classy and iconic looks. He is also one of the co-founders of Polished, a skincare brand for men. Seacrest co-founded this brand with Dr. Harold Lancer.

 

Vijay Eswaran on Business

Vijay Eswaran is an effective business owner, motivational speaker, and philanthropist. An economist by teaching, he’s the founder and Executive Chief of the QI Band of Businesses, a multinational conglomerate with varied interests including immediate selling, real estate, education, retail and hospitality in a lot more than 30 countries, He is also the writer of the best-selling book In the Sphere of Silence.

Eswaran says “I’ve had a number of worst jobs – security guard, gas station atténdant, and taxi drivér. What did l learn from it? Never repeat! With that said, arguably, my wórst job was running a company for another person and finding yourself being robbed. Lóoking back, I asked myself, “What did I really do this for the purpose of? ” Down the road, it turned out to be the best time of my life. That’s whén I was qualified to build this entire business; that’s whát brought myself tó exactly where I ám now. If I didn’t proceed through that, We wouldn’t have been able to do that. I discovered that in éverything, there is purposé. inch

“I’m nót sure that I’d do things very differently. We’d probably possess tó to feel the process of attaining and losing people. Right now there aré simply no poor lessons. Just lessons that require to become discovered. Everything I experienced contributed in oné style or another to bringing all of us where wé are today. Hád I known thát I would spend this length of time in this firm, I would have taken more days óff. I am trying to learn and do that now. ”

“The best thing you dó being an innovator is certainly turning into a nag; become Like your grandma. Yóu have got the very best behaviors today mainly because yóu had been nagged involved with it. You clean yóur tooth every day prior to going to bed – someone nagged you into carrying it out for a long time. The same problem will there be any kind of time degree of command. You should drive people. You should force all of them, pull thém, rather than give up them. They’ll surprise you.”

Read more about Vijay Eswaran: https://www.amazon.in/Sphere-Silence-Vijay-Eswaran-ebook/dp/B008VEC2UI

How Harry Harrison Stays Productive and Gets Results

As the former head of Barclay’s Non-Core in London, Harry Harrison is now blazing new trails as the President and Founder of the digital financial services investment and advisory firm Anthemis Group. To help people better understand how he stays productive, Mr. Harrison recently sat down with Ideamench to discuss how he comes up with ideas and stays productive.

When asked where he gets his ideas, Mr. Harrison said that he uses curiosity as a motivating factor. After educating himself at Cambridge University, Mr. Harrison spend the next three decades working as a derivatives trader, later managing teams of fixed income sales and trading traders.

When asked about his typical day, Harry Harrison mentioned that he doesn’t have a typical day. Instead, Mr. Harrison learns to adapt to the daily tasks and goals that helps him remain productive. After spending decades working at Barclays, Mr. Harrison has learned to prioritize other aspect of his world and get a better work/life balance. In addition to developing his own company, Mr. Harrison finds times to practice yoga and pilates. And most importantly, Mr. Harrison also finds time to spend with his 5 and 8 year old children.

Later on in the interview, Mr. Harrison was asked how he brings his ideas to life. The entrepreneur answered that he likes to use diversity of thinking, humility in goal setting and collaboration to ensure that his ideas are executed as close as possible to his vision. This strategy has helped Mr. Harrison create Anthemis Group after leaving Barclays

Finally, Mr. Harrison was asked about the one trend that excites him. The Anthemis Group founder answered that he is really excited about what is happening in the world of financial services. In particular, Mr. Harrison is intrigued with the role the information age is playing in the creation of fintech companies that leverage data in order to make financial decisions. Mr. Harrison believes that many finch companies will prosper by making the financial and insurance markets more efficient. At the end of the interview, Mr. Harrison was asked to recite his favorite quote. The Anthemis Group founder recited Dale Caregie’s popular piece of wisdom – “Success is getting what you want. Happiness is wanting what you get.”