Wesley Edens is mostly known for his work in the investment industry, specifically his investment and management firm, Fortress Investment Group. Fortress has become one of the largest alternative management companies in the US and they are still growing and adding new offices around the country as well as internationally. Wes Edens started up Fortress Investment Group back in 1998 with two colleagues of his, only one of which is still working at the company today. Currently, Wes has taken to a chairman position at the Fortress, while Peter Briger stands in as the Chief Executive Officer. Peter joined Fortress Investment in 2002 and has been steadily increasing their annual profits through his credit position. Peter also worked with Wes and the other founders to help Fortress become a public company.
Wes Edens has made his fortune from the investment industry and he is still going at Fortress, but he has opened his mind to other opportunities that are more aligned with his own passion. Sports is the biggest example and Wes Edens has started putting a lot of money into the sports industry. He purchased Milwaukee Bucks for more than 500 million dollars, a team in the NBA, and he wants to make them a top contender for the entire league. Wes has been constantly working with the team management to try out new strategies and give inspiration while still taking care of his other financial commitments. Wes is not only focused on the Milwaukee Bucks because he wants to continue adding sports teams to his portfolio. He has an NBA team, an eSports team, and he is working towards owning the Aston Villa Soccer Club. To top it off, Wes Edens is playing a major role in the development of the Brightline train system in the United States.
Renovia Inc is a world-renowned company that is in the forefront of fighting pelvic floor disorders that affect millions of women globally. The firm focuses on the development of first-line digital therapeutic and diagnostic devices that will go a long way in helping combat pelvic floor disorders. The firm as parts of its expansion strategy in product development closed a 42.3 million dollars financing deal that comprised of a Series B equity financing of 32.3 million dollars and a venture debt of about 10 million dollars. The funds will be directed to support Renovia’s numerous projects that are at initial stages including clinical trials and corporate development among others.
At the heart of the Series B financing was Renovia’s longtime funding partners Perceptive Advisors, Longwood Fund and the Missouri based Ascension Ventures. Other funding partners who ensured the funding was a success included Inova Strategic Investment, OSF Ventures, and Cormorant Asset Management among others. BayCross Capital Group which is a leading investment advisory firm provided advisory services to Renovia.
Marc Beer who serves as Renovia’s company Chairman and CEO in a statement said the firm was honored to have received funding from the top investment companies in the healthcare industry all of whom share in the firm’s vision of improving the treatment and diagnosis of pelvic floor disorders that affects millions of women across the world. According to Beer, the funding partnerships with both the existing and new investors are of great significance since it is aligned with the firm’s clinical and commercial vision. Besides the funding, the firms will realize immense benefits as a result of their combined innovative and proprietary sensor technologies that will go a long way in ensuring that firm’s clients get valuable data on new treatment options, a better understanding of the disorder and ultimately lower the healthcare cost. Renovia since its inception in 2016 has been of the forefront inventing products and therapeutic diagnostics devices that have helped to positively impact the lives of millions of women suffering from pelvic floor disorder globally. Renovia boasts of its FDA approved device that can isolate and direct optimal motions of the levator plate. The tool designed with a state of the art patient centered app together with data management technology that helps provide patients with precise and cost-effective treatment of the disorder in real time. Learn more: https://www.linkedin.com/in/marcbeer
At the center of Renovia’s Funding is Marc Beer who is the firms founding partner and currently serves as Chairman and CEO. Renovia was established in the year 2016. The other founding partners of Renovia are Ramon Iglesias, MD and Yolanda Lories. Marc Beer who is a bio-technologist by profession is a startup enthusiast who has participated in the formation of various companies such as ViaCell that he founded in 2000.
End Citizens United is a United States political committee which was launched in the year 2015 and started working during the first election cycle in 2016. The founders were three fundraising specialists who are Greg Berlin, Japie Lipsett, and Charles Starnes and were members of the Democratic Congressional Campaign Committee. They are currently the managers of Mothership Strategies. The End United Committee was formed with the aim of reversing the decision that was made by the supreme court in 2010 in the Citizens United V Federal Electoral Commission. View the group’s profile on Politifact.com.
This decision favored some candidates in that it removed limits of spending for certain candidates. End Citizens United is fostered to a leader who will support leaders who will support campaign finance reforms by donating money to this candidates and controlling their independent disbursements. The committee is also focused on supporting Democrats in the United States. Some of the Democratic candidates that have been funded by End Citizens United include Russ Feingold, Elizabeth Warren, Hillary Clinton, Zephyr Teachout, and Jon Osoff.
It has also gone further to support people like Maggie Hassan and Catherine Cortez who were running for the senator’s seat in the 2016 election cycle. It gave a sum of $4.4 million to the candidates to fund their campaigns. End citizens have been working to get more donations for the committee to be able to support more politicians in the coming election. It is targeting to get a sum of $35 million before the 2018 election cycle. Its main goal is to support democracy in the United States by supporting democrat leaders.
One of the strategies of the committee that has been used to raise money is by mobilizing the citizens of the United States to support democracy. In an email, End Citizen United wrote to address the citizens, it urged them to give a donation of at least $5 dollars to help the committee in raising funds. The citizens agreed to help the committee and it managed to raise a sum of $11 million whereby most of the money came from online donations. End Citizens United made it impossible to pass the Democratic Party Agenda hence PAC was created to elect Democrats who could change that.
For a man who has loves investing and has been doing so since his teen years the closure of one business is not the end of life. That is former Visium Asset Management LP owner Jacob Gottlieb for you. It will be remembered that in 2016, Jacob closed down his investment company after allegations of insider trading and inflation of the company assets that saw some of his employees charged in court of law.
Mr. Gottlieb who was not charged with any wrongdoings clearly has not caught any sleep in the two years. In addition to liquidating the company amicably, the decorated hedge fund manager has been plotting his comeback to the market. With no clear timings laid out, he seems to have found out just the right product to do so, health care stocks!
Currently Jacob Gottlieb is involved with Altium Capital a family office and has a total of six employees mostly managing his personal investments. Like Visium, Altium Capital bets in health care stocks and with the leadership of Gottlieb’s brother, Mark Gottlieb, as its COO (chief operating officer) things look promising.
Jacob Gottlieb, a medical doctor is optimistic of the market and promises a new product soon. According to Jacob, he thinks that the time for a hedge fund that is health care focused is now. The investor takes note of the numerous companies that have gone public over the last five years alone noting that soon the value creation and destruction of the health-care hedge fund will be high. To help client’s get value of their investment Gottlieb’s thoughtful and methodically researched hedge fund will come in handy.
As we await Gottlieb’s official announcement date of his hedge fund, we are curious to find out if truly his healthcare hedge fund will live up to its expectations, only time will tell. However, we should never forget that Gottlieb’s once created $8 billion in assets out of Visium for the period 2005 to 2016!
Todd Levine is an attorney with extensive experience in many types of business disputes. He often represents real estate brokers, contractors, and property managers. He has also had experience in sports and entertainment law. Todd Levine’s accomplishments have been mentioned in Super Lawyers Business Review, South Florida Business Journal, and Florida Trend Magazine.
Todd earned his Bachelor’s degree in finance from the University of Florida. He then studied law at Levin College of Law.
Levine has made a name for himself for his ability to simplify the very complicated. He learned about this talent early in his career when he was put on a very complex case. He ended up winning the case and understanding his ability to explain things to others in simple terms that they can clearly understand.
Todd Levine believes that the key to success in complex litigation, and in life, is preparation. Proper preparation allows a litigator to counter whatever the other side throws at you. This is a crucial skill in the courtroom. Brian practices this advice in his career. Before making any public argument he prepares an outline. This helps him to see any potential errors in his logic.
Todd Levine is a musician and artist who has a creative mind and that helps him in litigation. He envisions and dreams up multiple ways to solve problems that another attorney may never be able to solve as well.
Todd Levine’s unique experience and education allow him to thrive in commercial litigation. Not only is he able to find logical solutions, he is able to find and apply arguments that most others can’t.
Wes Edens Expands His Business Empire by Buying the Aston Villa Soccer Club
Wes Edens, in partnership with a fellow business mogul and billionaire Nassef Sawiris of Egypt, has just become the biggest shareholders in English cocker club; Aston Villa’s stakes. The two are reported to have acquired more than half the stakes of the club making them the highest shareholders with the most control over the club. Together, these sports enthusiasts plan to return the team to its former days of glory after a few slow years. They plan to change so many aspects of the club starting with the management and the players. This may be the first sports venture for Sawiris but for Edens, this is nothing but an expansion of his horizons in sports. He is the co-owner of the Milwaukee Bucks basketball team.
More on Wesley Edens
Wes Edens has a Bachelor of Science degree in finance and business administration from the University of the State of Oregon. He graduated from the University in 1984 and began an internship before getting his first paid job at the Lehman and brothers firm in 1987. He worked at the firm as both a managing director and a partner for 6 years. After completing his tenure, his employment prospects were better than before; it took him no time to get employed at BlackRock firm for Assets investments. He stayed with the firm until the year 1997 when he resigned and partnered with two other savvy businessmen to establish a hedge fund.
Wes Edens at Fortress Investment Group
In 1998, Wesley and his partners launched the Fortress Investment group. The company started out as a simple investment and assets management company but since then has become a trendsetter. It was one of such companies to go public, and it currently manages assets worth more than 60 billion dollars for local and overseas clients. At the end of 2017, the company was sold to Japan’s SoftBank for 3.3 billion making its principals who are also its main shareholders earn more than a billion dollars for the sale of their shares.
Sometimes when you come up with the idea for a new business it’s like lightning striking you. You can have everything that you need to make a good business, but it still could fail. Sometimes the best thing to do is call in an expert that understands the market. Alex Hern is one of those experts who has more than 25 years of experience in the technology market. This expertise has helped him successfully nurture companies from the ground up for many years. He has made such a splash in the business world that he recently sat down with Ideamensch to elaborate on the ways that he perpetuates his own success.
One of the habits that Alex Hern explains to Ideamensch is the most beneficial to his success is his ability to completely focus on one project. This is a habit he has been cultivating for many years and believes that it is a cornerstone of his success. While Alex Hern understands it is almost impossible to work exclusively on one project at a time he likes to take a few hours out of every single day to focus on just one problem. This is how he was able to successfully launch his company Tsunami XR. He believes that multitasking takes away from a personal success and distracts them from the projects that are really important.
Tsunami XR is going to be really important because GPU’s are rising in popularity. There are more people interested in the power of GPU processing over CPU processing. The reason for this is because the GPU is capable of transporting more memory even if it is at a slower speed. This slower speed can be rectified through the use of multiple GPU’s that will then queue up with information. This queue ensures that the information will remain available in a near constant stream after that. CPUs could be used in much the same manner they usually cap out at around two unit per system. Tsunami XR will be built around this new GPU-based system. With Alex Hern at the head, they will offer programs and software applications that cater to this type of computation style.
Talos Energy, Inc. is an oil and gas firm based out of Houston, Texas. They operate along the Gulf Coast and in the Gulf of Mexico where they explore for oil & gas and then pump it to the surface. They have a huge seismic database that they use to figure out where to explore as well as proprietary reprocessing techniques.
They were named one of Houston’s Top Work Places in 2013, 2014, 2015, and 2016 by WorkplaceDynamics. Talos Energy’s Chief Executive Officer Tim Duncan says that they earned these designations not through offering things to their employees like an on-site day care center or happy hours on Fridays. Instead, when they were still a privately held company, they gave each employee a stake in the company in the form of equity. This encourages everyone to work hard and row in the same direction.
Talos Energy is now a publically held company. How this happened was not through an initial public offering, though. Instead, CEO Tim Duncan spent months working on a deal to merge with Stone Energy Corporation. which had been a bankrupt publically traded firm. Once this $2 billion deal was consummated Talos Energy started trading on the New York Stock Exchange under the ticker symbol TALO. Tim Duncan said that this deal left his company well-positioned in regards to increased scale and liquidity. He was looking forward to creating further business development plans in the future.
Talos Energy expanded a second time in September 2018 when they acquired another gas & oil firm, Whistler Energy II, LLC. This deal was worth $52 million. Whistler Energy had been producing 1,900 barrels of oil a day throughout 2018. Talos Energy now has 100% of their assets which are located in three Central Gulf of Mexico blocks. These are Ewing Bank 988, Green Canyon 60, and Green Canyon 18. They also acquired a fixed production platform from this deal with is in the Green Canyon Block 18. Tim Duncan said that his company acquired blocks that are in a known hydrocarbon prolific area.
Professional organizations are entities that allow professionals to more easily enhance their career. In the architecture field, the American Institute of Architects is the top organization. With the American Institute of Architects, a number of architecture professionals area able to get the assistance and guidance they need in order to reach their career goals. Any architecture professional who is looking to enhance their knowledge will benefit by becoming a member of this leading professional organization. When joining the American Institute of Architects, professionals in this field will be in position to network with others to find employment opportunities as well as growing their independent businesses. They will also be able to take advantage of continuing education and learn more about the latest developments in the architecture field. Visit architectmagazine.com to know more about Robert Ivy.
Robert Ivy is a major figure in the American Institute of Architects. Today, he is the chief executive officer of the American Institute of Architects. Robert Ivy has held this position for the last several years and has established himself as a competent leader. While serving as the chief executive officer of this professional organization, Robert has led its expansion to a number of locations worldwide. Ivy provides the daily management of the organization and oversees all of its operations. He is also involved in establishing programs and policies to ensure that this organization remains as one of the top professional organizations around. Robert introduces new programs and exhibitions in an effort to provide a valuable learning environment for architectural professionals as well. His efforts have helped the American Institute of Architects become the valuable professional organization it is today. Follow Robert Ivy at Twitter.
Prior to his stint serving as the chief executive officer of the American Institute of Architects, Robert Ivy spent a number of years in both writing and editing. When he first began working in his professional career, Robert Ivy would work as an author for top architecture publications. During this time, Ivy wrote numerous articles that were able to educate both individuals and professionals about the most important issues about the architecture field. His next position was as the editor in chief of a major architecture publication. Robert Ivy was able to win a top award for his performance working in editing during his career. In June of 2018, Robert won the highly coveted Lifetime Achievement Award.
While several countries around the world are going through an economic slowdown or a complete economic collapse, the United States economy seems to be doing rather well. Unemployment is low, business and consumer confidence levels are high, and all the stock indices are hitting all-time highs. Most Americans have digital wealth and believe that their assets are safe in our financial systems. Ted Bauman is an editor at Banyan Hill Publishing who specializes in low-risk investment strategies and asset protection. With stock markets soaring, the last thing on the minds of many participants in the market is asset protection because they believe the good times in the market are here to stay. However, it is prudent to store a small portion of assets outside the reach of the government and financial institutions. Also, with high valuations for stocks, it may be time for investors to consider a low-risk approach to investing.
Ted Bauman had written in one of his blogs about a relative who stored a massive amount of assets at their home. He mentioned how his relative’s assets were kept in a study, but not protected well. His relative could have lost all their wealth in a burglary or a natural disaster. Ted Bauman advises individuals to purchase a water and fireproof lock box to store some valuables at home. He recommends storing some precious metals, cash, expensive jewelry, and other valuables. He is not advocating for people to store all their wealth at home, as that would be foolish in most scenarios.
For the assets that are to stay in the financial institutions, Ted Bauman advocates a proper balance of stocks and bonds. Many investors shy away from bonds due to a lack of understanding. Bonds can protect a financial portfolio if there is a stock market crash. Bonds pay interest to an investor and can be a reliable stream of income, very similar to dividend investing. Ted Bauman advises not to completely sell out of one’s stock positions if they believe a crash is imminent. He points to the famous 1987 crash where investors who panicked and sold everything lost money. Investors who held came out ahead at the end of the year. Ted Bauman Says Amazon Isn’t a Monopoly, Warns Shareholders of Vulnerability