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Investment Guru, Investments

Wesley Edens Leads the Team at Fortress Investment Group

Wesley R. Edens is a co-founder of the New York City based Fortress Investment Group. His company is one of the largest asset management companies, managing investment assets in excess of $70 billion. He and his fellow co-founders Robert Kaufman and Randal Nardone started the company in 1998. Today, the staff of the company exceeds 2,600 employees. Wesley Edens is also the head of Nationstar Mortgage.Wes Edens was born in 1961. He attended the University of Oregon, where he studied Finance and Business Administration. He spent several years working at Lehman Brothers, where he served as a Partner and Managing Director. After that, he moved to BlackRock Asset Investors.

Wes was now experienced and highly successful, and he was determined to go into his own business, and work for himself. His decision to do so has made him a billionaire. He is number 369 on the Forbes billionaire list of 400, a rank which he achieved in 2007, while he was still in his mid 40s. Meanwhile, the company was well on its way to becoming one of the leaders in asset management companies. Under Wes Edens creative leadership style, the Fortress Investment Group went public in 2007. Amongst the most noteworthy of shareholders was the Nomura Holdings company. The Japanese holding company purchased 15% of the company for the amount of $888 million.

A share of approximately 8% was sold to the general public for $600 million. It was an extremely successful IPO for Fortress Investment Group and its entire executive committee. The stock of the company trades on the NYSE. Wes Edens is a big sports fan. He is a co-owner of an NBA team and an owner of a League of Legends team. He co-owns the Milwaukee Bucks, In 2017, the company originated an esports team, the FlyQuests, which competes in the League of Legends. The company purchased Springleaf Financial Services, an AIG company. Within a short time,the amount of the gains of Springleaf was well in excess of 27 times above its purchase price.

Investment Guru, Investments

Peter Briger Working for the Growth of Fortress Investment Group

Mastering the world of finance is not an easy task, and while there are many financial and investment experts in the market, no one can predict the exact market movement ever. However, making financial predictions that are close to reality and the future is seen commonly, and the experts can come close to what actually happens in the financial markets. It helps in saving from unprecedented losses in the financial markets and make considerable returns from the investments. The equity markets have always been very volatile, but also assure generous returns, and thus, have been the choice of investment tools for many companies as well as individuals. Making investments in the financial markets can be tricky and if not researched well, can lead to unexpected losses. However, with the help of an investment management firm, one can avoid losses while enhancing profits.

Fortress Investment Group is a premier investment management firm based in the United States with its headquarters in New York. The company has for long been one of the go-to firms for any kinds of investment management services, including real estate investments, institutional services, alternative assets management, investment management, credit funds, hedge funds, and more. The performance of the company in the last few years has been impeccable for which it has won many awards as well over the years. The fact that Fortress Investment Management has continued to provide shelter from losses to its clients even during sluggish financial markets has been able to win the trust of many financial analysts in the market.

The global acceptance of Fortress Investment Group as a reliable investment management firm has been increasing in the past few years, and its current assets under management has crossed the levels of $70 billion easily.The main reason why Fortress Investment Group has been successful is that of the people working on it. Peter Briger, the president of the company, joined the company in 2002, and since then he has worked hard to bring new opportunities to the company and help it increase its profits. Peter Briger is on the Forbes list of billionaires and is also one of the top professionals in the country. Peter Briger also does a lot of philanthropic work and is associated with many non-profit organizations. He also supports the youth who has talents. For that purpose, he contributes to the Princeton University’s Alumni Entrepreneurs Fund that supports start-up ideas of its students.

Entrepreneur, Investment Guru

The Political Activism Activities Funded by George Soros and His Foundation

A lot of the decisions that one makes in life are shaped by the experiences they had growing up, especially negative ones. For George Soros, support for social activism is like second nature to him. He was born and brought up in Hungary. George is a Jew, and at the time, the Nazis were looking for and killing Jews in what has come to be known as the Holocaust. He managed to escape Hungary and head to the UK where he studied at the London School of Economics. After school, George worked for a few firms before starting his own. He rose to fame as an investor after the short sale of Sterling Pounds he made in the now famous black Wednesday short sale, making $1 billion in profit. He then moved to the US and had been living in New York ever since.

Soros is proof to the saying that people put their money where their opinion is. For instance, in 2000, he was active in the Democratic Party Campaign. The Democratic Party candidate lost to George Bush, but Soros had his opinion heard. In 2004, he did his best to support John Kerry, who was running against Bush, but he was also unsuccessful. Soros successfully funded Obama into office. This time around, he was seeking to put the first female president, Hillary Clinton, into the oval office. He contributed more than $25 million to her campaign, but unfortunately, she lost to Trump. In addition to supporting the Clinton campaign, he has been actively supporting the PACs who were campaigning for Democratic Party Candidates.

George Soros has not shied away from getting his opinion heard regarding the president. He believes that Trump’s comments and remarks are quite inflammatory and divisive. He is still supporting PACs who are at this time gearing up for the mid-terms in 2018. He has also been linked to the Ferguson Protests. The funding is done through the George Soros Foundation. He got involved in the protests because he believed that a lot of things that are happening in the dark needed to be brought to light. However, the protests were mostly spontaneous. People just shared hashtags, the news agencies got involved, and soon, busloads of protesters were landing in Ferguson for the protest marches. The entire spectacle created interest in rectifying a few wrongs happening in the society.The social and political activist groups that Soros has funded have cost him billions of dollars over the years. However, he seems to be a strong believer in social justice, which is because of his background. He is an exemplary leader and a perfect example of what it means to give back to the world after making it in entrepreneurship.

Business, Career Success, Investment Guru, Political Supporter

George Soros follows new strategy in fight for criminal justice reform

Over the last decade, George Soros has lost big with his donations to presidential politics. After backing the Hillary Clinton campaign with more than $1 million, making Soros the largest donor in that presidential race, he lost again, seeing his candidate defeated by a novice politician with some of the lowest likability rankings in the history of presidential politics.

Prior to that, Soros had contributed almost an equal amount of money to the John Kerry campaign, in that candidate’s bid to unseat the neocon war-mongering president George W Bush. All this adds up to a seriously disappointing result for the over $1 million that Soros has donated in total to recent presidential races. Read his profile at Forbes.

However, it would be a serious mistake for Soros’ political opponents to assume that he has lost his magic touch. Soros has a history of winning at virtually everything he does, rising to the top of the stock market, the most competitive game on earth. Soros has returned over 25 percent per annum to himself and his investors, over the course of a 45-plus year career.

In fact, it has been widely speculated that the Soros’ donation to the Clinton campaign was more an effort to undermine and do legitimize the rule of Donald Trump that you actually clinch a Clinton victory. It has been widely speculated by those close to Soros that he was well aware of the extreme risk of Clinton losing the race. But he made the donation anyway, in an effort to minimize what he perceived to be the damage that would ultimately be caused by a Trump presidency.

Read more: http://www.cnbc.com/george-soros/

It is equally true that in other areas of political philanthropy, George Soros had phenomenal successes. These cases have largely flown under the radar, due to the much smaller nature of the races and a lesser amount of money involved. However, to the local politicians to whom Soros has donated sums of money ranging from a couple hundred thousand dollars all the way up to a couple million, his largesse has often made the difference between winning and a landslide and losing badly.

One of the areas in which Soros has been actively donated to local political races is the area of criminal justice reform. Soros has been following a brilliant strategy of replacing hardline conservative prosecutors with more liberal-minded and socially progressive ones, who are sympathetic to the cause of criminal justice reform, specifically ending the war on drugs and addressing the stark disparities between whites and minorities in sentencing.

Although these smaller races have not received as much attention, candidates that Soros has backed have won nearly every single race where donations were made. Read this story about George at politico.com