Fortress Investment Group was recently acquired by Japanese investment firm company, SoftBank. The $3.3 billion deal was completed after prolonged discussions between the two organizations. Through this deal, SoftBank seems to be on a path to becoming the biggest investment company in the world.
To understand how the deal between these two companies was arrived at despite both dealing with totally different industries, one needs to look at their history.
SoftBank is a Japanese investment firm that was established in 1981 as a wholesaler of PC software. In 1996, it acquired a controlling stake in Yahoo and since then its path of growth changed significantly. Today, the company has managed to make investments in a wide spectrum of industries. Mainly, it focuses on the tech industry where its interests are in tech startups that have innovative and disruptive ideas. SoftBank was founded by Masayoshi Son.
Fortress Investment Group
While SoftBank is a 1980s company, Fortress Investment Group is a bit newer. It was started in 1998 in New York where its headquarters are currently stationed. Fortress is one of the largest alternative asset managers not only in the United States but in the whole world. It was founded by Randy Nardone who also acts as the CEO and his co-chair Wes Edens.
In the past two decades, Fortress Investment Group has proved beyond reasonable doubt that they are up to the task of becoming an alternative asset manager. Currently, they are managing assets on behalf of more than 1,750 institutional and private investors from different parts of the world. The total net worth of assets under its management is estimated to be over $40 billion.
In the deal between SoftBank and Fortress Investment Group, the latter will continue to operate independently and no changes will be made to its offices’ location or the top leadership team. Whereas acquisition deals involve the buyer determining the terms of the agreement, this deal between these two organizations seems to be different. SoftBank will not dictate any major renovations to the structure of Fortress group. SoftBank recognizes that Fortress Investment Group is a highly successful venture that needs to be allowed to run on its own.
To Learn More Click The Link : www.crunchbase.com/organization/fortress-investment-group
Ted Bauman is an experienced economist who uses his editorial platform at Banyan Hill to advise investors on lucrative investment deals. Bauman was born and raised in the United States but later immigrated to South Africa where he got his college degree and began a lucrative career in the world of economics. While at South Africa, Bauman worked as a consultant for big multinational companies and organizations including European and African government agencies. Bauman later in 2008 relocated back to the US and began his working career for an Atlanta based international organization. At the organization, Bauman was tasked with determining the sustainability and stability of the firm’s large programs.
Ted Bauman in one of his recent articles is cautioning investors against investing in Apple. According to Bauman, the once tech giant doesn’t seem to have a bright future as it had before the passing of the firm’s founder and CEO Steve Jobs. Although the firm’s past financial performance is looking good, investors are not interested in the previous financial performance but are rather more interested in the firms future and potential. Consumers have higher expectations from Apple since the company is known for great innovations and growth. However, the company has been faced by a myriad of challenges since the death of its founder and growth has stagnated for a while now. Ted Bauman says, this explains why the firm’s stock is dropping .
What is making Apple remain still profitable is its pricing power. Most of the firm’s profit comes from the iPhone product that enjoys a significant market share in countries such as the US, Japan, and the UK. However, the total world market share for iPhone is only 20 percent. This implies that it is not the market share that is making the brand profitable but the high price attached to the product something that is now making investors to get worried says, Ted Bauman. Apple market share according to Bauman is on the decline. The reason for the decrease is because the brand is slowly losing value. Customers tend to buy products whose brands are doing very well in the market. Companies with strong brand names are becoming more profitable and vice versa. Big companies such as Google, Microsoft, and Amazon recorded high profits because of the growth in their high quality brand value.
If Jojo Hedaya and Josh Rosenwald didn’t undergo frustrations associated with locating important emails in their flooded inbox, we would probably never hear of Unroll.me. It is basically, a tool for organizing an email. The co-founder and the chief operating officer of Unroll.Me says that before creating this solution, his business partner, Josh Rosenwald couldn’t respond to his emails because he never seemed to find them. Josh explains that their product was created out of a desire to get rid of personal frustration. It was an opportunity for them to do what the major ISPs weren’t able to do.
The 24-year-old Jojo Hedaya shares his birthday with his business partner Josh Rosenwald. They have several other things in common such as studying in Jewish high schools and going to the same college. That’s why it wasn’t difficult for them to become friends. Jojo Hedaya says that the primary goal of Unroll.Me is to make things simple for email users.
Unroll.Me works by scanning through the inbox in a few seconds and compiling all the subscriptions into an email, known as The Rollup. This allows the user to go through all his/her subscription and if they come across something they don’t want, they can unsubscribe there and then resubscribe too.
Jojo Hedaya knows a few things about business culture and offers insightful tips on the same. He believes that hiring is a continuous process that is dependent on the needs of the organization. It is not a onetime thing. Besides leading by example, business owners should encourage entrepreneurial thinking at all times.
According to Jojo, the people you hire are your business. Go for great minds, rather than just okay people to ensure success and avoid getting caught in mediocrity. In as much as the ability of your employees to exude positivity is critical to the success of your business, character is also important during the recruitment process. Another effective way of building a good company culture is to give employees as much freedom as possible, and also, make them own the company. Finally, never hesitate to follow your gut feeling in decision making.
Sheldon Lavin is considered to be one of the most respected and revered businessmen in modern times by many young entrepreneurs. His lifelong work in taking OSI Group from a locally based company to international leader has been recognized by not only those in the industry but governments as well who honored Sheldon Lavin with awards such as the Lifetime achievement award for service to the community by the city of Chicago.
Often young entrepreneurs attempt to replicate the success of Sheldon Lavin but fall short in really understanding that his success does not come from bunkering down alone and solving complex issues in an ill-lit office, instead Lavine takes into consideration all possible solutions from his team in which he then delegates various tasks to ensure the best possible solution. For example. a few years ago an expert contacted Sheldon Lavin about a possible shortage in the rapeseed oil industry due to a swarm of pests, this, in turn, allowed Mr.Lavin to purchase a large quantity of rapeseed oil ahead of time and save the company from dealing with a shortage in the future.
As previously stated, Sheldon Lavin managed to introduce OSI Group and the food industry in general to other parts of the world, including Europe where this particular industry has had a poor record through history relating to their waste and takeover of local markets.
Lavine in an effort to ensure that OSI Group was a different and better company began to focus on environmental conservation projects in those countries. This included investing large amounts of money in converting OSI facilities into the most environmentally friendly plants as possible while offering local ingredients that benefited both OSI and the community who sold them. Today, his leadership style and contributions to the conservation of the environment in business have led many Millennial entrepreneurs to attempt to match his leadership skills.
About Sheldon Lavin: angel.co/sheldon-lavin
OSI Group is a multi-billion dollar food company that has been growing since 1909 when it was first founded by Otto Kolschowsky. Sheldon Lavin has since taken up leadership at OSI Group as the Chief Executive Officer, a position he has held for many years now. OSI Group was founded in Chicago as a small business, but they now have more than 60 facilities worldwide and maintain a leading position on the market. One of the biggest contracts OSI Group has achieved over the years is with McDonald’s that largest fast food chain in the world. Sheldon Lavin has been maintaining this relationship with McDonald’s for decades and for good reason. McDonald’s has been a primary source of revenue for OSI Group since the 1950s.
Although Sheldon has done very well in the financial industry and as the director for OSI Group, there are many more aspects to him that make him such a successful and inspirational businessman. Throughout his time as the director for OSI Group, Sheldon has been a generous figure for many communities and has taken the time to support philanthropic causes all over the world. Sheldon is also an active board member for various different non-profit organizations out there today as well, such as the Ronald McDonald Charity House and the Sheba Foundation. These charities fight to help children and the homeless around the world through dedicated support.
Sheldon Lavin is in a position of huge success today, but this has been a long time coming for him given his past and personal dedication to success. Right after completing his college education, Sheldon took on the title of entrepreneur and business owner right away with his own company known as Sheldon Lavin and Associates. This company was focused on financial advisement to various other companies throughout the region and was in operation for 15 years throughout the Chicago area.
To know more click: here.
Ted Bauman, a renowned economist by training, was born and raised in the US. Bow later in his life in the mid-1980s relocated to South Africa where he was deeply engaged in the development and implementation of South Africa post-apartheid economic and urbanization policy. Bauman while still in South Africa also served as a consultant to a wide range of clients including African and European governments and the UN. While in South Africa, Bauman traveled far and wide to other African countries including Asia. Bauman while on his tours was able to learn the relationship between politics and economics in different societies. Bauman besides being an experienced economist is also a researcher and writer. He has published numerous researches and commentaries some of which have been featured in prestigious international journals such as The Journal for Microfinance among others.
Ted Bauman in 2008 moved back to the US where he began working for a non-profit organization based in Atlanta as the Director of International Programs. At the firm, Bauman was able to develop a technique that could help assess organizational sustainability including effectiveness. In 2013 Ted Bauman Joined Banyan Hill Publishing Company which was formerly referred to as Sovereign Society. Bauman followed in his father’s footstep and became a part-time editor at the firm. Bauman using his economic and international expertise in his writing within a short time became very popular and was able to attract hundreds of thousands of subscribers who loved his articles. Bauman is currently the editor of The Bauman Letter at Banyan Hill Publishers. The letter is a monthly publication that focuses on informing readers on how they can preserve and secure their wealth using innovative investment strategies.
In an interview with Inspirery, Ted Bauman passion in financial writing was as a result of his internal desire to help others. Bauman as a financial investment expert intends to use his knowledge and expertise to protect ordinary people from the threats of governments and large businesses. According to Bauman one thing that makes him successful I what he does is good time management. Bauman knows the time when he is most productive, a critical success factor.
Ted Bauman’s Twitter
Adam Milstein is a co-founder of Adam & Gila Milstein Family Foundation that supports Pro-Israel organizations. Adam is also the national chairman of Israel-American Council. He was born in Haifa, Israel to Eva Milstein and Hillel Milstein. He served in Israel Defense Forces in the year 1978. Adam is an active real estate investor, a philanthropist, and a community leader. He began his career in real estate in 1983, Southern California. Adam Milstein has an MBA from USC. Mr. Milstein is currently the partner at the renowned Hager Pacific properties. This is a company that handles investments regarding real estate. He is also a member of Board in various organizations like Israel on Campus Coalition, Hasbara Fellowships, StandWithUs, and Jewish Funders Network among others.
Mr. Milstein posted a recent article on Times of Israel on pride and courage, gifts for children in 2018. In the article, Mr. Milstein responded to the question on the gifts that individuals could give to the children to improve their creativity, prosperity, and freedom in years to come. He pointed out some eight gifts and addressed them precisely. The first gift that Adam talks about is pride. He says that the next generation should be instilled with the need to take pride in where they come from. Adam Milstein points out that if the generation lacks pride in their Jewish culture, no one would carry out the traditions and face the challenges in future. Adam Milstein is a fortunate Jew and he takes pride in that. He points out that Israel, the Jewish homeland for Adam, is a source of various innovations enabled by education, family heritage, and community development.
The second gift that Adam pointed out is the courage. It is the courage and resilience in fighting for what they believed in, the State of Israel, Jewish People, that they have made progress. They are willing and ready to stand up and defend their traditions and values. Adam Milstein says that it takes great courage to overcome all obstacles that hinder their faith and beliefs. Adam Milstein elaborated on several other gifts that the future generation should be instilled with such as knowledge, persistence, innovation, faith, confidence in overcoming impossibilities, unity, and passion. These were the remarks at the beginning of the year 2018, which would inspire young generations and strengthen families.
Adam Milstein is renowned for his philanthropy work, community leadership, and real estate investment. He is an Israeli Native and served in Israeli Defense Forces in 1973 during the Yom Kippur War. In 1981, Adam and his family moved to America where he received his MBA in 1983 from the Southern Carolina University. He had obtained his business and economics undergraduate degree back in Israel. Immediately after moving to America, Adam joined the business of commercial real estate. He started his career from the bottom and rose through the ranks. His efforts paid off when he became Hager Pacific Properties’ managing partner. Hager Pacific is a privately owned real estate firm that manages a wide range of commercial and industrial real estate properties in South Carolina. Hager Pacific acquires and re-positions industrial and commercial properties.
Adam Milstein Philanthropy Work
A colleague’s charitable actions inspired Adam Milstein to become a philanthropist. He was introduced to “ma’aser rishon” by his business partner. “Ma’aser rishon” is a practice where people give 10% of their incomes to charity. It is mostly practiced by the Jews. Following his introduction to this Jewish practice, he founded Gila and Adam Milstein Foundation. He also founded another organization called Sifriyat Pijama B’ America. Both foundations were founded in 2000.
Adam Milstein’s Sifriyat Pijama B’ America provides free Hebrew books each month to Jewish and Israeli American families. Families use these books to teach the traditional Jewish people language and Jewish values to their children. The noble program has reached over 15,000 families.
In 2007, Adam Milstein decided to focus on giving back to his Israeli-American community. Through his efforts, the Israeli-American Council was founded. The IAC is dedicated to strengthening ties between Israeli and Jewish Americans as well as Israel and U.S. ties. By 2014, the IAC had managed to reach over 100,000 Israeli Americans. For more info about us: https://www.crunchbase.com/person/adam-milstein#/entity click here.
Adam Milstein is a board member of various charitable organizations, such as the Israel on Campus Coalition, AISH Los Angeles, AIPAC National Council, the Los Angeles Board of Birthright Israel, and the Jewish Funders Network, among others. His philanthropic services are aimed at strengthening relationships between the State of Israel, the Jewish people, and Israel-U.S.