Founded in 1998 by Randal Nardone, Wes Edens, and Rob Kauffman, Fortress Investment Group has come a long way to becoming one of the most trusted investment managers. Its portfolio has grown over the years and is now in charge of assets valued at about $43 billion. What started out as a small buyout company currently manages financial assets in the form of liquid equity, bonds, hedge funds, and private equity. Wes Edens is one of the founding members of the renowned corporation. Today, he serves as a co-chief executive as well as co-chairperson of the board of directors. Since its entry into the financial sector, Fortress Group has made substantial steps in the market and has been part of notable economic projects not only in the United States but also in other parts of the world. One, in particular, happened recently, Mr. Edens is heading the company’s investments into the Jamaican Liquefied Natural Gas.
Wes Edens love for matters economics took him to the Oregon State University where he pursued a degree in Finance. He got an opportunity to kick-start his career in various reputable companies including California Savings and Loans, Smith Barney, and Merrill Lynch. In his pursuit of more knowledge and expertise in matters finance, Wes Edens joined the mortgage trading department of renowned firm Lehman Brothers in 1987. He served the company to his level best and held various leadership positions including partner and director. Wes later joined BlackRock Investments and was tasked with heading its subsidiary BlackRock Financial Management as both partner and director.
Through Wes Eden’s quality leadership skills, Fortress Investment has achieved various feats over the years. It became the first privately held hedge fund corporation to be listed on the New York Stock Exchange. The achievements of Fortress have also had a positive impact on the life and wealth of Wes. He is now a billionaire with a net worth of $1.6 billion as published by Forbes Magazine. Wes Edens makes around $54.4 million annually with $13.4 coming from direct compensation and $41 million from stocks dividends. Though most successful billionaires have either inherited family wealth or trust funds, Wes and his partners at Fortress have toiled for years to earn each dime they own. Wes is an ardent fan of sports and is involved with two franchises. He is the co-owner of the Milwaukee Bucks, and FlyQuest, an e-sport team.
Madison Street Capital is investment banking firm. Its size puts it in the category of the “boutique investment companies.” These boutique investment companies can offer a complete range of services to their clients based on a representative to client ratio that is smaller than the large investment houses.
Madison Street Capital has offices in North America, Asia, and Africa, and offers a complete range of investment services from mergers and acquisitions to bankruptcy services on epodcastnetwork.com.
Madison Street Capital recently implemented a YouTube animated series that explained some of the lesser known financial strategies. This endeavor was the beginning of a functional bridge between Madison Street Capital and a client base that is ready to invest but confused about sophisticated financial maneuvers. The series of animated videos produced by Madison Street Capital was a very successful way to connect with the public. Madison realizes that not everyone is an MBA, but most of the public have a yearning to know how their hard-earned money on Pinterest will be used by an investment banking firm. The YouTube concept is well worth the watch. Enjoy viewing one of their short animated series on YouTube.
In today’s economic climate investing is an important ingredient for any family’s financial future at http://www.pr.com/press-release/657365. Those who do not take advantage of the tax breaks connected with creating wealth for the future may never be able to retire comfortably.
Education is the most important ingredient in making sound and profitable investments. Read and research what is available. YouTube and the series of animated shorts produced by Madison Street Capital is a very valuable resource. Before you invest your first dollar learn all the can about investing, and then when you speak with a financial adviser you will be able to fully communicate your goals and the levels of risk you will be comfortable facing. Financial security is gained after following the long road but having a roadmap is vital so that you do not get lost.
Dallas Area Habitat for Humanity and Dallas Neighborhood Homes have joined forces to provide the people of Southern Dallas with a means of owning houses. The two organizations are working hand in hand with Nexbank to make the dream a reality. The bank plans to provide over $50 million in loans to support the program. The strategy is then for the Dallas Neighborhood Homes to use the money to offer loans to low-income residents in Dallas who have no access to mortgage, whereas the Dallas Area Habitat for Humanity provides financial counseling to the would-be home owners. The Dallas-based bank, Nexbank, will also go a step further and provide funding for fees associated with titles for properties obtained through its affiliates and up to $2000 in closing costs per loan.
According to the Senior Vice President of Mortgage Operations at Dallas Area Habitat for Humanity, Mark Tribuna, North Texas has the least number of homeowners and the program will address this issue. He believes that the quality of life of the people of Dallas will greatly increase when they own their own homes.
Nexbank is a Dallas-based financial services company that was formed in 1922 and has three main forms of business. They are Mortgage Banking, Commercial Banking and Investment Banking. Its main clients are individuals, corporations, institutional clients and other financial institutions.
Nexbank’s strategy to achieve success is to provide solutions to their clients that are customized to their specific needs. It does this through the help of its experienced professionals. The bank believes that its employees are its strength. An executive team that is headed by John Holt and a board of directors runs Nexbank. The other members that make up the executive team are Matt Siekielski, Craig Korbuly, Dierk Hohman, Rhett Miller and Craig Campbell.