Monthly Archives: September 2018

The King of Subprime Lending, Wes Edens

Published / by TheHI

Wes Edens is a private equity investor and a successful businessman with investments in many industries such as healthcare, infrastructure, real estate, financial services, media, and transportation. He is one of the co-founders of Fortress Investment Group where he holds the position of private equity chief investments officer and the founder of New Fortress Energy. He also serves as a co-Chairman, co-CEO, Principal, and Head of Private Equity. He holds a Bachelor’s of science degree in Finance and Business Administration from the Oregon State University.

Wes Edens kicked off his career at California Savings and Loans before moving on to work at Merrill Lynch. He later moved to Lehman Brothers as the Managing Director and partner in the mortgage trading division. In 1993, Edens worked as a managing director and partner for BlackRock Financial Management where he came up with a private equity fund, BlackRock Asset Investors. He later joined his other four principal partners in 1998 to form Fortress Investment Group. When Fortress acquired Springfield financial services, the Wall Street Journal gave Wes Edens the title, “New King of Subprime Lending.” The name came as a result of the value of Springfield ballooning to $3.5 billion, making the Fortress investment of $124 million to gain by more than 27 times. The group also purchased Centex Home Equity Company now known as Nationstar Mortgage where Edens serves as chairman.

Wes Edens is a sports fan, and together with Marc Lasry, they purchased the Milwaukee Bucks for $550 million. They are building a new arena for the team in Wisconsin and lately it was valued at around double their investment. Eden’s investment firm in South Florida boasts of having the first privately funded passenger train in more than 100 years. The private intercity passenger service is set to solve the nation’s traffic congestion problems. Recently Eden entered the soccer business by partnering with Nassef Sawiris to purchase a majority stake in England’s top flight club, Aston Villa of Birmingham. The team competes in the Championship League which second to the Premier League in England. The investors are confident that the club will return to the Premier League where it belongs.

Visit his website: http://www.wesedens.com/

The New Managing Director of Capital Market Team at Madison Street Capital

Published / by TheHI

Madison Street Capital is a global investment banking company that serves the middle market. Founded in 1979, the company’s headquarters is in Chicago, Illinois. The organization has other offices in Asia, Africa, and North America. The firm offers expertise in merger and acquisition, expertise in finance and advisory services on corporate finance. The firm also provides valuation services for both publicly and privately owned organizations. These services enable the company’s customers to thrive in the global marketplace.

The firm’s team of professionals has knowledge, experience, and broad relations. These make the company one of the world’s first middle market investment banking organizations. As a merger and acquisitions advisory leading provider, the professionals organize the required financing and capitalization structure as per the clients’ specific circumstance.

Madison Street capital recently announced Lawrence Alioto as the new managing director of its capital market team. Alioto’s roles include giving clients advice on corporate finance transactions and mergers and acquisitions on technology. The CEO of Madison Street Capital, Charles Botchway, said that the company felt it was vital to bring Lawrence on board, because of his strong technology background. He added that Alioto brings notable experience and expertise in corporate development, business development, and finance and government affairs.

Lawrence Alioto started his career as a currency futures and options trader at Chicago Mercantile Exchange. He later worked at PaineWebber in San Francisco as a registered representative. Additionally, Alioto served as one of the founding principals’ of VeriTainer Corporation. He later became the president of the same corporation. VeriTainer Corporation develops radiation scanning systems for anti-terror maritime container.

Since leaving VeriTainer Corporation, Alioto has successfully financed and developed various business interests. These interests include medical devices, film production, and energy efficient technologies. Currently, he is Kaizen Oil Corporation’s member of the board of directors. Kaizen Oil Corporation utilizes the asset acquisition model to leverage an improved oil recovery solution.

 

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Contributions Of Shafik Sachedina In The Healthcare Field

Published / by TheHI

Shafik Sachedina is a qualified and successful dental surgeon based in England. Currently, he serves at the Sussex Health Care as the Board’s chairperson. Dr. Shafik is an alumnus of the University of London, Guy’s Hospital and Dental School.

Apart from being a seasoned dentist, he also has entrepreneurial interests in the field of healthcare. Shafik Sachedina serves as the head of the department at the Aga Khan (France). His main responsibility is to coordinate programs and activities of institutions of the Ismaili community. Dr. Shafik also serves in other positions at the Ismaili society and Imamat.

Dr. Shafik Sachedina is the chairperson at the Focus Humanitarian Assistance International Coordinating Committee. He is also part of the Aga Khan Development Network and a member of the International Forum for Ismaili Leaders. Dr. Shafik is known to have very strong ties when it comes to his traditions. One of the core virtues that he practices is the art of service. He therefore dedicates his energy, time and resources to organizations such as the Jamati Institutions, Aga Khan as well as the Ismaili Council. Dr. Shafik Sachedina has through his experience and expertise in healthcare steered the Sussex Healthcare to achieving greater heights.

Sussex HealthCare is an organization that offers care of high standards to their patients. In order to realize this, the organization invests on their services and staff. They regularly invite experienced connoisseurs in the field of home care so as to guide and mentor the delivering teams in home service. Sussex Health Care has acquired a reputation when it comes to the best upkeep and medical teams. Over the years, the organization has acquired numerous high-ranking awards from healthcare bodies. A day-care and residential service provider, the organization is committed to leadership, social care, hospitality, therapy, and management services. The main aim of Sussex Healthcare is to impact their patient’s Lives by enhancing the wisdom and knowledge of their service providers.

Dr. Shafik Sachedina was born in 1950 and is a native of Tanzania. Prior to joining Sussex Healthcare, he served at the Imara Unite Kingdom Limited. Dr. Shafik also worked at the Horsham Clinic Limited.

Search more about Shafik Sachedina: https://www.careopinion.org.uk/services/1-152995647

James Dondero Joins MGM

Published / by TheHI

James Dondero has plenty of work on his plate with his philanthropic efforts and guiding his firm, Highland Capital Management, with 30-years of experience in the industry. However, recently, James added yet another endeavor to his career portfolio by joining the Office of the CEO at MGM. At the moment the company is searching for a new CEO, so James and several other leading names in the entertainment industry have signed on to assist the company with the work until they can fill the position permanently. Read more about James Dondero at Daily Forex Report.

Follow: https://www.linkedin.com/in/jamesdonderohcm

James began his long line of success by attending the University of Virginia where he earned a Bachelor of Science in accounting and finance. Achieving these commerce degrees gave him the opportunity to work on JP Morgan Chase & Co.’s financial training program, which ended up being such a grand success that it launched him into a career with American Express. James diligently worked with over $1 billion in fixed income funds from the year 1985 to 1989 when he would shift gears once again. After his time with American Express, James Dondero accepted the role of becoming the Chief Investment Officer for the concept subsidiary of Protective Life. His guidance led the company from the drawing board to a $2 billion success. It wasn’t long before James Dondero earned himself the title of leading alternative credit manager among his peers around the globe, which lead him to aim his sights even higher. In 1993, James decided to co-found and accept the job of President to Highland Capital Management, an investment firm headquartered in his hometown of Dallas, Texas. Many people would assume that founding a company and leading such a successful career would be plenty for one to achieve, but James continues to set aside $3 million every fiscal year so that the company can continue supporting the city of Dallas through philanthropic efforts. Visit highlandfunds.com to know more about James Dondero.

Learn What Peter Briger’s Business Journey has Been Like

Published / by TheHI

It’s possible to get and become what you desire while still young if you only give it a little more patience. Life has a way of rewarding those who are passionate about something no matter how long it takes. The only problem many people have is not realizing what they want to achieve or become in life. While some people go for their university and college studies just to get a certificate for their files, others do so because they are pursuing a particular goal in their career. Peter Briger is a good example of successful business professionals who achieved what they desired most in life.

As a young person at Princetown University, Briger knew he had a great career to make. After getting a bachelor’s degree in Arts, Briger discovered he could continue with his studies at the master’s level. For this reason, he joined Pennsylvania University where he pursued his master’s degree in Finance. With such great academic skills, Peter Briger was fit to step into his career with both feet. He worked in several financial institutions like Goldman Sachs among others before he joined the Fortress Investment Group. He offered financial services at Goldman Sachs for about 15 years.

Working in different financial institutions gave Briger a chance to see the investment world from a broader perspective. He came to understand the real estate world and the numerous opportunities it has. The executive meetings he used to attend helped him to know how various investment decisions are made and what many investors consider when deciding the next investment to make. Peter Briger then joined Fortress Investment Group and performed his role with all the vigor he had. His far-fetched passion for business has always helped him introduce something in any of the positions he ever held. To know more about him click here.

Briger’s role at Fortress Investment Group was oversight over the assets worth many billions of dollars the company had. More than 1,750 organizations and individuals had placed their valuables, money, and assets worth $43.6 billion at Fortress Investment Group. Besides being among the three principals of the company, Peter Briger also serves as the co-chairman. He presides over various subsidiaries and committees in this great investment company. Although he is a busy person at Fortress Investment Group, Briger is also a board member at Tipping Point and Caliber Schools. He supports various NGOs in San Francisco that improve the living standards of the low-income earners and families.