Company

SoftBank absorbs Fortress in multi-billion dollar deal

Fortress Investment Group LLC is now a subsidiary of SoftBank Group Corp as of December 28th 2017. In a deal for $3.3 billion in cash the Japanese based technology investment company will now reflect all of Fortress Investment Group LLC’s financial information under SoftBank moving forward. The deal also includes buying of Fortress Investment Group’s Class A stocks at $8.08 per share, which turns out to be 39 percent higher than the stock price at the close of the bell on Fortress Investment’s last day of trading. Fortress Investment Group LLC (FIG) was removed from the New York Stock Exchange.

SoftBank Group Corp is an international enterprise holdings firm, who began to really grow during the mid-90s. SoftBank Group started Yahoo Japan in 1996. SoftBank invested $20 million in Alibaba in 2000, and by 2014 when Alibaba went public, that investment ballooned into $60 billion. Some economist regard SoftBank’s investment in Alibaba as one of the greatest ever. SoftBank acquired Vodafone Japan, on March 17th 2006. In 2008, SoftBank partnered with Tiffany & Co. to make a limited cellphone of only 10 models. SoftBank, in February 3, 2010 bought 13.7% of Ustream. By January 2013, SoftBank acquired eAccess, one of its competitors. SoftBank invested $210 million in OlaCabs, in October 2014, and $627 million in Snapdeal. SoftBank invested, November 2014, $100 million in housing.com. SoftBank also helped design a robot with Aldebaran Robotics In 2016. More Businesses at Fortress on fortress.com

SouthBank founder Masayoshi Son, assures the acquisition of Fortress Investment Group will not interfere in the way the company has ran to this point. 1998, Wes R. Edens, Randy Nardone and Rob Kauffmann founded Fortress Investment Group LLC in 1998. Today the excutives of Fortress are Wesley Edens, Randy Alan Nardone, and Peter Briger. Wes R. Edens, co-founder of Fortress, in 1984 earned his Bachelors of Science in Finance and Business Administration from Oregon State University. Lehman Brothers is where Mr. Edens began his career in finance and investments from 1987 to 1993. Mr. Nordone, has a J.D. from Boston University School of Law and Bachelors of Arts in English and Biology, both from the University of Connecticut. Randy Alan Nardone (Randy JD) has been Chief Executive Officer and COO since 2013. Randy is also Principal of Fortress Credit Corporation, and President and Chairman of Springfield Financial Holdings, LLC. Randy is also Director of Fortress Credit Corporation and Springleaf REIT Inc, a position he has held since May 2011.

Peter Briger is Chairman of the Board of Directors at Fortress Investment and elected Co-Chairman in 2009. A Princeton University alumni, Peter Briger is a former partner at Goldman Sachs and serves on the Global Control and Compliance Committee and Asian Management.

Fortress Investment Group LLC will continue to work as a private independent company within SoftBank, and will continue following the business models and practices that has made them one the most successful buyout companies ever. Related: A Force of Innovation: Two Decades of Fortress Investment Group

Academy of Art University: Where Creative Dreams Come True

Academy of Art University, located in San Francisco, California, is a well known and accredited private University.

It offers intriguing fields of studies: fashion,jewelry and metal ,landscape architecture, acting,photography,graphic design, motion picture,advertising,game development,television,and animation.

The personal decision one makes, in choosing where to experience their higher education and skills training is highly important.

Recently,the Academy of Art University has produced an enlightening segment for curious and prospective students. It is called, “Day in the Life.”

You can follow along with students who attend classes or study flexible online courses at the Academy of Art University in San Francisco.

One of the best ways to learn and discover answers to pondering questions is observe others living it– day by day coverage. It’s interesting to see the student’s struggles and victories,as they reach towards their goals and aspirations. First hand, the “Day in a Life” students explain their plans and strategies. For instance, television student, Sam Bear, is videotaped and appears on Utube. He attends Academy of Art, and is expressive about his personal decisions, activities, and feelings, during his life at Academy of Art. He felt that Academy of Art was a “Community ” and a place he felt “comfortable fitting in.”

Being an Art major may be an intimidating choice. Bear comments that his “professors helped find viable career options.” Bear also states that “the courses are challenging.”

Some of the inviting and named features found at Academy of Art were state-of-the-art production equipment, numerous libraries, comfortable lounges and restaurants,and collaborating student sessions—to bring out the best and unique ideas from all students.

Finally, the ultimate gem of being a student at AAU, according to Sam Bear, are the “friendships” formed. He likes knowing he has been challenged in his field and has formed colleagues to collaborate with in the future.

Follow this link to learn more https://patch.com/california/san-francisco/academy-art-university-helps-stranded-arts-students

Nitin Khanna Continues To Do What He Loves In Life By Remaining Active In The World Of Business

Nitin Khanna is an entrepreneur who has enjoyed the types of professional successes that are the envy of all business-oriented individuals who are looking to make a significant mark on the world of commerce. The career that the Indian-born, USA-based businessman has enjoyed is one that has seen him find success academically, as a founder of businesses, and as a shrewd investor who has consistently made the right choices when it comes to his investments. Nitin Khanna is a forward-thinking entrepreneur who comes from a family background that values business and he has used his progressive way of thinking to help launch him into ventures such as the quickly expanding cannabis industry. He is also well-known for the run he had is serving as Chief Executive Officer with Mergertech. This is a company that he created during 2009 in the wake of the sale of a previous business he founded called Saber Software. Nitin Khanna led the mergers and acquisitions firm with great distinction during his tenure as CEO and set it on the right path. These are just a few of the major accomplishments in a career that goes back to the early part of the decade of the 1990s.

There was a great amount of inspiration that Nitin Khanna was able to derive from his family during his upbringing. Engaging in business was always a big part of the family and something that was highly encouraged. As a young man, Nitin was also able to look up to the distinguished accomplishments of his father who served his country of India as a member of its armed forces and achieved the status of Colonel. During his early years, Nitin would study hard so that he had strong college options upon coming of age. When he reached seventeen, he landed in the United States where he started a course in engineering studies at Purdue University. This educational background played an essential role in the things that would come next to Nitin. He knew that this was a major that would offer him a great deal of employment promise and so he also obtained his Master’s Degree in the topic.

The next stops along the life path of Nitin Khanna included holding down several work positions in the early 1990s that provided him with a valuable set of experiences. He started in the paper industry with International Paper and put his engineering degree to use as one of the company’s manufacturing engineers. Another valuable bit of experience was his time working with Oracle. These pieces of experience led to Nitin Khanna feeling confident about setting off on his own and creating his own business in the late 1990s.

This business that Nitin Khanna created would go on to make him massively successful. It was called Saber Software and it is a firm that quickly made an impact on the world of voting management by way of its innovative software. This was soon adopted across much of the USA. The growth and success at Saber Software have served as a springboard to allow Nitin Khanna to continue to pursue many business interests and investments since that time.

Find out more  here https://www.nitinkhanna.com/

Lincolnshire Management Witnesses TJ Maloney Excel As President And Also As CEO

The president at a firm’s head says a lot to onlookers about that firm’s direction and reputation, and the chief executive officer has a very similar impact. By this measure, it is a good thing that TJ Maloney fills the two of those increasingly important positions on the Lincolnshire Management member roster. Though he was absent when the private equity performer was initially created, which resulted from Frank Wright’s decisions in 1986, it was 1993, quite shortly after the founding, when Maloney’s presidential reign would ultimately begin and take Lincolnshire Management rapidly into the private equity spotlight. Such performance was, for the NYC private equity firm, a grand achievement, and this is a fact that Mr. Maloney must truly understand.

Lincolnshire Management selected TJ Maloney from a highly related legal niche. That related niche was securities law, and it was an area that TJ had previously excelled at every bit as much as does in his current private equity presidential duties. During his attorney lifespan, there were many company deals which attorney Maloney had positive involvement with. This meant that when he eventually took on new Lincolnshire Management responsibilities upon entering the private equity giant’s organization he was reasonably well-prepared, despite branching over from a seemingly separate industry.

Bringing new wealth through acquisitions was proven by TJ Maloney to be a reliable private equity business model, and he aided the acquisition of a fair amount of other companies that Licolnshire Management used to build up not only its capital but also its powerful and valuable assets to a $1.7 billion figure. What president Maloney’s performance has led to with regards to Lincolnshire Management’s adventures in private is simply excellence in several areas, and this, in 2011, was confirmed by CNN Money, which was not long past the confirmation by Private Equity News of this same firm’s performance in 2010. So far in 2019 Lincolnshire Management’s biggest investment in the organization as a whole was the hiring of more talent, such as the likes of Matthew Nacier and three of his peers. It is almost a certainty that Lincolnshire will grow further.

Find out more here https://www.eliteprospects.com/player/485934/t.j.-maloney

Profile of Fortress Investment Group CEO Peter Briger

Peter Briger is an executive who works at the firm Fortress Investment Group. He currently serves as a board member along with serving as one of its chief executive officers. Briger has worked for this firm since the beginning of the 2000’s. Since joining Fortress Investment Group, Peter was always heavily involved in managing credit backed assets and the staff members who assist clients. Throughout his career, Peter Briger has demonstrated quality leadership skills along with expertise. As a result, Peter established himself as a valuable contributor to every organization that he has been a part of.

Before Peter Briger went into the financial sector, he completed a couple of important educational programs. Peter would attain a a degree from a leading Ivy League university. He would also attend a top business school and complete a MBA degree. His educational credentials would help him attain employment at the firm Goldman Sachs.

When he joined Goldman Sachs, Peter Briger was immediately assigned to oversee the credit division of the firm. He was responsible for managing credit backed assets for the firm’s clients. Peter was also assigned to manage the group of professionals who handle the credit assets and interact with clients. With his proven leadership skills and expertise, Peter would eventually become a partner of the firm in 1996.

After a successful career at Goldman Sachs, Peter Briger would join Fortress Investment Group in 2002. Since joining this firm, Peter has attained a few top managerial positions. He has served as a management committee member as well as a principal. While working at Fortress Investment Group, Briger managed the credit asset division of the firm. He currently works out of the firm’s office location in California.

Peter has been very much involved in his community over the past several years. Peter has spent much of his time helping people get better housing as well as a better quality education. Today, Briger sits on the board of an organization that has helped many families get more affordable housing. He is also part of another organization that runs a chain of charter schools. These schools have enabled children from disadvantaged backgrounds to receive a better quality education.

A Year of Monumental Change at Fortress Investment Grou

FORTRESS INVESTMENT GROUP

 Fortress Investment Group managed to get the public’s recognition when it became the first American based company to venture into free trade. It has flourishing progress in the management of investments, which is its primary objective. The foundation of the company dates back to 1998 as a private equity firm. The portfolio of Fortress Investment through time since its foundation is gaining global acknowledgment. As a result, this has lead to the expansion of its partnership with other international investors. Taking its chances in free trade became significant when the company invested in NYSE in 2007. View the company’s profile on Linkedin.

The company has quite a remarkable history of delivering to the public. The institutional Investor is one of the organizations that have continuously shown unwavering interest in the company’s progress. The link managed to place the company at the heights of best of management firm in the years 2012 and 2014. Canadian ski resort became an asset of the Fortress Investment group until 2016. The transfer of ownership of this resort occurred in 2006 when the company bought the largest ski resort in North America.

The experience of the team in Fortress Investment is making the company to consider other income units such as owning and pricing of physical and financial assets. Real estate and asset capital are among the entities that the company is investing its resources. The company takes such consideration after spending in a competitive workforce that can yield excellent results. In effect to that, the Fortress Investment has exceptional staff with perfect credentials and well informed of the market knowledge.

The team is well equipped with corporate knowledge and therefore has no difficulty in handling corporate mergers. Due to its consistency, the company is currently one of the most successful and stable hedge fund group. The management of the company has a system of highly sophisticated tools that are used to facilitate the workforce in the company. The system is used in strategic planning, operational and maximizing on result-based ideas for the company.

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

Businesses Seek Out Betterworks

The issues of performance in the workplace affects so many individuals. People are concerned theory are not performing correctly at their jobs. Supervisors and managers are cluttered with ways to oversee or check up on workers. Many times the performance of professionals is something that either gets overlooked or not addressed properly.

There are many ways a company can approach this issue. But there happens to be one method that is proving to be very effective. Many medium sized and large organizations have implemented Betterworks into their business. They have done so because Betterworks is very promising. The features of Betterworks promotes communication, organization and the ability to track progress with a digital meter bar and percentages. These features are essential to a positive and productive working environment. Many organizations have been able to view this software provider as an essential tool in the workplace.

This is the continuous talent performance management solution many organizations are choosing. The software provider provides an easy to use interface, privacy, safety and a host of features. For any business owner trying to decide if this software is something that should be used then a business owner should understand that Betterworks is a tool or resource that can be used to direct and oversee the work activities of a group of people.

The growth and demand that Betterworks is experiencing is a sign of their success. Since 2013, the software provider has been aiming to help workers, managers, supervisors and business owners. The people behind the company can surely say now that their business is obviously having great success.

JD.com and Books

Traditional bookstores tend to struggle. It seems that with new technology do not goes to a bookstore anymore. JD.com is looking to help make books popular once again. According to their corporate blog on JD.com, they are teaming up with bookstores to get people reading once again.

JD.com is working with the largest bookstore in China to help make books available. They are working with Yitao and AOI Space to help people get technology services as well as books. The company is looking to bring bookstores to the modern time and help bookstore recover. They are looking to keep the book stores alive.

Offline books are one of the industries that are decreasing and JD.com is looking to keep the business alive. They are using their supply chain to allow companies to make sales using the new technology. The shipments are quick and a person can get what they are looking for. JD.com is also looking to make books in digital formats available. They are brining books into the modern time and keeping the book business alive. They want people to continue to read and are looking to make it easy to get a book and easy for a person to buy books.

Click here to learn more

Looking at the Exit Deal Between Lincolnshire Management, TJ Maloney, and Holley Performance Parts

Holley Performance Parts is no longer part of the Lincolnshire Management family. Since the company as sold in late 2018, there has been a lot of talk about their new position and how the transaction impacted the two companies. In fact, observers are watching keenly to see how they will be performing. There is no doubt that this is a transaction that caught many people by surprise. For many years, the two companies seemed inseparable as Lincolnshire Management ensured that Holley is adequately funded to run its operations.

About the transaction

The press release from Lincolnshire Management indicated that before agreeing to the transaction, Holley Performance Parts had received advice from top advisors. They included UBS Investment Bank, Lazard Middle Market, and Kirkland & Ellis LLP. Looking at Lincolnshire Management and Holley, you can notice that they have been involved in some of the biggest transactions in the history of business. However, they did not disclose the terms of the transaction, but revealed that Holley had been bought by an affiliate of Sentinel Capital Partners. In addition to that, the statement indicated that the new owners had plans to merge Holley with another company that they called Driven Performance Brands.

Looking back at the relationship between Lincolnshire and Holley

Lincolnshire Management acquired Holley Performance Parts in 2013. This was after they had scouted it as the best option in the middle level categories. Lincolnshire Management was not wrong because under their partnership, the company grew immensely. While commenting on the exit, TJ Maloney the CEO of Lincolnshire Management said that Holley had one of the most vibrant leadership teams. He also said that during their time together, they had enjoyed good relations, and that it was one of the best acquisitions that they have ever made.

In 1986, a group of visionary investors came together to found Lincolnshire Management. This was a time when the industry was still limited because of too many challenges. Therefore, Lincolnshire Management is one of the companies that have shaped the industry. They focus on buying middle level firms that have the potential to grow into big companies. Through several partnerships, Lincolnshire Management has taken its rightful position as a leader in this industry.

See more about Lincolnshire Management here https://pitchbook.com/profiles/investor/10059-85

Nitin Khanna and How Results Come To Be

In business, as Nitin Khanna knows, results are the only thing that matters. Of course, results, Nitin Khanna would see, come from a variety of actions that are tied to the company and to the employees.

Results, Nitin Khanna would realize doesn’t just come out of thin air, results would have to come out of clean and correct processes, they would have to come from the right steps taken each day, they would have to come from the right type of culture and they would also come from promoting the right type of behaviors within a company as well.

See, Nitin Khanna would know that results do not exist within a vacuum, they exist within a specific context. That context is what needs to be paid attention toward if one were to succeed.

Results

This aspect is perhaps the most important one of the assessment segments. What’s the most important thing to your organization? Or any organization for that matter?

It’s productivity, of course. The more work you get done, the more beneficial it is for your firm. The less that you get completed, the more you are driven towards losses by each day.

In this aspect, make sure that you are looking for employees who are the most productive for your organization. They could be the best at customer service, they could be highly prolific in sales, or they could be amazingly fast at accounting.

Either way, they prove to be some of the most results oriented names in your organization. And they need to be rewarded for that.

This group could prove to be the team leaders in your organization due to their time-efficiency, production-friendly and self-management skills. Make sure to assess these employees accordingly to show them their true value.

On the other hand, employees who have poor productivity levels should once again be gently reminded of why they had been hired and how their lack of efforts could be affecting the organization. Depending upon the severity of their non-productivity, you could also schedule sessions with HR or training to determine what could be done for them.

Read about Khanna’s success story here https://yourstory.com/mystory/48e163e5d2-nitin-khanna-an-nri-who-made-it-big-in-portland-oregon