WES EDENS: PRIVATE EQUITY AND PUBLIC TRADE GURU

Wesley Robert Edens, popularly known as Wes, attended the State University of Oregon where and received a Bachelor of Science degree in Finance and Business Administration in the year 1984. He is an American businessman who owns a sports team and deals with private equity investments. His career began in 1987 where he was a partner and M.D at Lehman Brothers until 1993, joining BlackRock until 1997 and later founded the Fortress Investment Group in 1998. Wes Edens led the purchase of Springleaf Financial Services, a subprime lender, under the Fortress Company. He is the Chairman of Nationstar Mortgage and purchased Milwaukee in 2014. Husband to Lynn and a father of four, and has hobbies that include horse jumping and mountain climbing.

Wes Edens is the Co-Founder of Fortress Investment Group, and the Chief Officer of Investment in Private Equity, Private Equity’s President, Principal, Head of Private equity and Co-Chairman since 2009 August. He is also Co-chief Executive officer since 2017 December and responsible for alternative business investments both publicly traded and private equity. The headquarters of Fortress Investment Group location is New York, and offices founded all around the world. Since April 1998 to 22nd July 2003, Wes Edens was Chief Executive Officer of Fortress Investment Group, current Co-Chairman and Principal of Fortress Credit Corporation, chairman of the Fortress Transportation and Infrastructure Investors (20th May 2015 to 2nd May 2016), Director of Fortress Investment Group from November 2006, and the fortress crown castle international corporation. He is also the co-owner of Milwaukee Bucks, making his salary $54.4 million on a yearly basis.

This amount totals from Fortress Investment Group’s $13.4 million and $41 million received dividends as a shareholder of 63.3 million shares of the stock of the company. Wes Edens owns an NBA franchise within the e-sport, which consists of ten teams selected permanently as members of the League championship series in North America, for the Legend’s League. After the game is over, he offers advice on management of their multi-billion contracts and how to avoid financial crises or bankruptcy, on pro-bono services. The FlyQuest team’s location is Wisconsin’s Milwaukee. Employees within the Fortress Investment Group Limited Company describe their working environment as challenging, yet friendly, facilitating more teamwork and enhancing better communication. They highlight the opportunities given such as exposure in their areas of work. Interns receive the chance to learn from a group of investment professionals.

Richard Dwayne Blair Explains What to Look for in a Financial Adviser.

When planning for retirement hiring a qualified and skilled investment adviser in an important tool to use, one that can mean the difference between having security in the golden years or ending up with a spartan retirement fund that barely meets expenses. Finding a good adviser is something that requires care and research, Richard Dwayne Blair feels. In addition to looking through client referrals, firm mission statements, and other information. Richard Dwayne Blair also recommends looking at an adviser’s investment strategy, as it points to the firm’s investment style and will determine the type of relationship an investment expert will have with their client.

As an example of a strong investment strategy, Richard Dwayne Blair uses what he calls the “Three Pillar Approach”, which begins with obtaining a detailed list of a client’s economic strengths and their future goals and ends with an effective retirement investment plan designed for a unique investor, with a system of continuous monitoring and adjustments to maintain optimal return. By establishing the “Three Pillar Approach”, Richard Dwayne Blair addresses the important functions an investment adviser should provide for their clients and by tailoring the plan to each investor, he opens up investment availability to more people, including the risk-averse and those with limited incomes, by acknowledging the differences among risk tolerance and capital availability.

Richard Dwayne Blair’s “Three Pillars Approach” is one of many ways his Austin, Texas firm, Wealth Solutions, has benefits many retirement plans. He also maintains certifications in annuity, estate and trust, income, tax and retirement, keeping up-to-date with the latest investment options, regulations and tax implications through regular continuing education. Wanting to establish a long-term relationship with his clients, Richard Dwayne Blair works to earn a clients trust. As an independent financial adviser, he is not influenced by any specific investment and will focus more on client needs than a company’s bonus structure. By taking the time to evaluate and find a retirement investment adviser that addresses the unique investment personality each one of us has, we can avoid the common investment pitfalls and fund a secure retirement.

 

Fortress Investment Group Sells 40.5% Stake in OneMain Financial for $1.4 Billion

Fortress Investment Group sold its 40.5% stake in OneMain Financial for $1.4 billion and as a result, is relinquishing one of its largest subprime lending assets within its vast portfolio. Fortress Investment Group purchased OneMain Financial in 2010 as it expanded its portfolio that consists of various subprime lenders that dominated the mortgage and auto lending services provided to subprime borrowers and establish the company as one of the largest and most successful subprime lenders in the world. Fortress Investment Group currently has over $30 billion in assets under management for it’s over 1750 institutional and individual clients from around the world. Fortress Investment Group is led by exceptional Co-Chief Executive Officers Wes Edens and Peter Briger who both bring a high level of analysis and evaluation talent and experience in the alternative asset industries that have propelled Fortress Investment Group to heights unforeseen in the buyout industry.

In fact, Co-Chief Executive Officer Wes Edens at Fortress Investment Group is also Co-Owner of the Milwaukee Bucks and has provided exceptional analysis and evaluation techniques to generate astronomical returns on investment in private equity and real estate. Wes Edens was named the king of subprime lending after successfully expanding the subprime portfolio at Fortress Investment Group to become the largest subprime lending investment firm in the world. Furthermore, Peter Briger the other Co-Chief Executive Officer has brought high-level insight and evaluation of the credit business within Fortress that has been invaluable in the companies continued growth and expansion as an alternative asset company leader. Peter Briger established himself as an intelligence expert in credit analysis and evaluation for the Fortress Credit Business that has propelled the organization to become a leader in credit investment industry. The success of Fortress Investment Group has been established and fostered by the two chief executive officers and also from a well-equipped management staff that exceeds expectations to deliver high returns on investment for its clients. Fortress Investment Group invests in various categories of assets that are underperforming, distressed, and illiquid.

Some of those categories include real estate, stocks, cryptocurrencies, credit, bonds, dividends, and various other asset classes. The company was founded in 1998 and quickly became one of the most respected and powerful investment firms in the alternative asset class in the world. The company has strategically positioned itself as a reliable evaluator of alternative asset classes that generates exponential returns on investment from the shrewd evaluation of distressed opportunities. OneMain Financial was acquired by Fortress in 2010 and became one of many subprime lenders that Fortress invested in to become the most powerful subprime lending investment firm in the world. By providing opportunities to invest in regular individuals that are subprime creditors, Fortress established itself as the go-to subprime lender for the general population. In January 2018 Fortress Investment Group agreed to sell its stake in OneMain Financial for a $26 per share to Verde Partners and Apollo Global Management a group formed for the purchase of the 40.5% stake for $1.4 billion sale price.

Jordan Lindsey’s JLC Capital Has a Unique Approach to Trading Bitcoin

One of the investment industry’s biggest news stories recently has actually been the massive rise in cryptocurrency, and particularly Bitcoin, prices over past few years. The individuals who managed to get involved with digital currencies during their infancy were able to significantly capitalize on the rise in value, becoming incredibly wealthy from their investments. Jordan Lindsey is someone who has found great success in the world of finance and cryptocurrency, and he is showing now signs of slowing down.

Jordan Lindsey is the creator of the investment fund JCL Capital back in 2005. While he is best known as the founder of JCL Capital, Mr. Lindsey has also founded other businesses in the same industries of technology and financial services. JCL Capital has evolved its strategies significantly over the years that it has been in business. One key example of the firm changing its investment strategies is the unique approach that JCL Capital takes with regards to trading Bitcoin.

Many people who attempt to trade Bitcoin experience the same challenges, the biggest of which is how volatile and swingy the price of Bitcoin is. These fluctuations can put a lot of stress on traders. Sometimes new traders make the mistake of selling too early if they see a change in the price of Bitcoin. JCL Capital seeks to remove the emotional aspect of trading Bitcoin through the use of a special algorithm. This algorithm was developed by Jordan Lindsey, and it is the basis of JCL Capital’s Bitcoin trading strategy.

Throughout Jordan Lindsey’s life he has spent some of his years residing in a few different countries like Bosnia-Herzegovina, Argentina and Mexico. It was during his time as a resident of Bosnia that me met his wife, with whom he eventually had three daughters. If Jordan Lindsey’s past success is any indication of his future in the fiance, then the best is yet to come.

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