The success of Fortress Investment Group cannot be talked about without mentioning the name Wes Edens. Wes has worked hard in life to become a successful entrepreneur and an accomplished team owner. Wes took part in establishing Fortress Investment Group. Wes is also a partner of the famous National Basketball Association as well as Milwaukee Bucks. In addition to that, he owns FlyQuest. Wes acquired a lot of knowledge and skills in Business Administration and Finance from the Oregon State University. Mr. Edens graduated in 1984 and started to build his career.Three years after graduating, he joined Lehman Brothers where he served for several years. He then left the company and took an executive position at BlackRock Investors. He maintained the position of the managing director at the company from 1993 to 1997.
At BlackRock, Wesley also led the investment department. His outstanding leadership at the company led to the great success of private equity fund. At Infrastructure Investors LLC, Wes served for several years as the chairman. Fortress Investment Group officially started operating in1998. Wes Edens combined efforts with other people such as Peter Briger, Robert Kauffman, Edward, and Nardone Randall to establish the Fortress Investment Group. Mr. Edens got a lot of recognition from The Wall Street Journal for his career approach and accomplishments. He was praised for his creative tactics and impeccable investment strategies. Fortress Investment Group was made public as a common agreement between all its founders. In 2009, 8 percent shares of the firm were bought by the public. The shares sold were valued at $600 million.
As of 2007, the assets of the company included publicly traded vehicles. One of the significant transactions done by the company was that between it and Nomura Holdings. Nomura Holdings bought 15 percent shares of the company at $888 million. The operation was a major boost to Fortress Investment Group. The acquired shares made the founder’s of paper billionaires. Wes Edens is recognized for his wise advice on corporate transactions. Mr. Edens took part in buying Springleaf Financial Services. Before it was purchased, it was referred to as AIG American General Finance. Later on, Fortress Investment purchased the biggest proportion of shares at Springleaf Holdings Inc. It is worth noting that Wes works at Springleaf as the company’s chairperson. Throughout the years, Springleaf has grown a lot in terms of profitability. Despite his busy schedule, Wesley does not neglect his family duties as he is married and has four children.
Paul Mampilly is an investor and investment advisor. He started his career working as an assistant portfolio manager for Bankers Trust on Wall Street in 1991. He moved on to manage multi-million dollar accounts at Deutsche Bank and ING before joining Kinetic Assets Management as a hedge fund manager. Barron named Paul as one of the best hedge fund managers after growing the firm’s assets at an average growth rate of 26%.
Paul Mampilly made headlines at the Templeton Foundation investment competition by building an investment of $50 million to $88 million in a single year. The achievement came at the time of global financial crisis in 2008 – 2009. He retired from Wall Street after the realization that it offered benefits only to a few and chose to follow the path of educating the masses on how to make fortunes from Wall Street.
Follow Paul Mampilly on LinkedIn
Paul Mampilly discovered that through newspaper publishing, he could reach out to millions of people of different backgrounds. He started his first newsletter Profits Unlimited as the first step. He proceeded to introduce two more newsletters Extreme Fortunes and True Momentum to offer more resources to the readers. The newsletter contained in-depth information on various stocks, performance in the market and the possible future performance of the stock in the market. Detailed information equips readers with the best stock options where they stand to gain handsomely.
Paul Mampilly undertakes extensive research on the chosen stock taking approximately 30 – 40 hours. He then stipulates the information through easy to read and understand models including data and charts. Providing details not only saves investors considerable time but also provides a better understanding before selecting the most appropriate stock.
Paul attributes his success to his daily routine that he follows consistently. It entails tracking his stocks daily and any new information with the potential to affect the market. His dedication to the practice also plays a vital role in ensuring he meets the expectations of his clients. Putting the readers as priority is the driving force behind his success. He continues to advise prospective investors to have their priorities right and never fail to implement one that is due.
For more information about Paul Mampilly, just click here.
If you are looking for a loan on equities, you might want to consider a few things first. Equities — that is, stocks and bonds that you own — have values that change all the time. As the market fluctuates, so do the values of your equities. Most, however, slowly rise in value, and if they are good investments, retain value and pay dividends as well.When you go to a lender to ask for a loan using these equities as collateral, they will eventually lend the money — only after certain conditions are met, which may take some time. They will give you a high interest rate, low loan to value ratio, and will want a business proposal drawn up to let them know how the funds will be used.
Why not just go to Equities First US, first? They are not interested in seeing your business proposal. What you do with the funds is of no interest to them, because the equities are collateral for the loan, not your plans for the business.Their interest rate is lower by several percentage points than conventional lenders, and they have a much higher loan to value ratio, as much as eighty per cent.
Conventional lenders are stagnated by rules, regulations, and policies. Equities First US is a private lender, so they don’t answer to governments or stockholders. They are responsible to you, their clients, and to themselves.When you are faced with an emergency situation and need funding right away, go see Equities First. There is a reason they have that name.
AXA Advisors is a French multinational insurance company that specializes in investment management, global insurance and other financial services. AXA has a remarkable brand value. Headquartered in the 8th arrondissement of Paris, AXA Advisors operates in Western Europe, Asia Pacific Region, North America, and Middle East. In addition, the company has presence in Africa. AXA Group has different firms, which are run independently and governed by the laws and regulations of different countries where they operate.
AXA, which is also a component of the Euro Stoxx 50 stock market index, was named the 2nd most powerful transnational company basing on ownership and company control over market competition and global financial stability. It was founded in 1816. Originally, it was known as Mutuelle de L’assurance contre L’incendie. AXA has ventured in several philanthropic initiatives. The company, through AXA Heart in action, invests in artistic and social initiatives. In 2008, the firm established AXA Research Fund with a goal of supporting research activities aimed at understanding and preventing risks that are a threat to the environment, human life and society. As of today, the AXA Research Fund has funded 256 research projects, which are implemented in 22 countries by researchers from 42 different nations.
About Vinny Parascandola
Vincent Parascandola is the senior vice president of AXA Advisors, LLC. He is in charge of the management development, sales, recruiting, productivity, retention and creating new financial professionals that are highly experienced. Vinny’s career started shinning at the early stages of his career. In Parascandola’s first job, he served as an agent in Prudential in 1987 earned him recognition as the Rookie of the Year. Vinny joined MONY Life Insurance Company in 1990 where he held several leadership roles before joining AXA Advisors in 2004.
With over 25 years of experience in the industry, Vinny Parascandola’s excellent management skills have seen him receive numerous awards, including GAMA’s Career Development awards and Master Agency Awards. He has spoken at many company and industry conferences, including LIMRA’s distribution conferences and GAMA’s national Lamp Meeting. Vinny Parascandola is an alumnus of Pace University where he earned his Bachelor of Science degree. When he returned to his alma mater, he gave a commencement speech to the graduating class of 2014.