Dick Devos and His Wife are Working For Change

Back in 1991, the city of Grand Rapids, Michigan was facing a major decision that would affect its future for years to come. The city was deciding on whether or not to build the city’s new convention center and arena inside or outside of downtown. At that time, Dick Devos was working in his family’s business called Amway. Mr. Devos called the city leaders and told them that he thought that building the center outside of downtown would take Grand Rapids on the same trajectory as Detroit. The city leaders listened to Dick Devos’ advice, and the center was built downtown. This began a revival of the downtown area that continues today.

 

In 1993, Dick Devos took over as CEO of Amway. During his time at that company, he used his position to continue to help the Grand Rapids area, and he advocated for important causes that he and his wife believed in.

 

One important part of Dick Devos and Betsy Devos’ lives is the couple’s philanthropic activity. The couple have donated millions of dollars for the betterment of the Grand Rapids area. Donations have been given to help build the children’s wing of the local hospital, and the Devos’ have given substantial gifts to educational and religious institutions in Grand Rapids and the state of Michigan.

 

Dick Devos has been highly-involved in the areas of educational and labor reform. Mr. Devos and his wife believe in school choice, and they have worked to build charter schools in order to provide quality educational opportunities for all citizens of Michigan. In fact, Mr. Devos helped to develop a charter school with an aviation theme that is located at the Gerald R. Ford International Airport in Grand Rapids.

 

Mr. Devos has worked to provide school voucher programs in the state of Michigan. His efforts in regard to school vouchers have been particularly successful outside of the state. Currently, almost half of the states now have some type of school choice program in place.

 

Labor reform is another area that has received Dick Devos’ attention. Michigan is considered the bastion of the union movement. However, Mr. Devos believed that mandatory union membership was holding back the state. He sought the passage of a right-to-work law, and his efforts met with success.

 

Dick Devos continues to work on behalf of the causes that he believes in. He wants to add to his legacy of helping the state he calls home.

 

Read http://dickdevos.com/news/ to learn more.

Fortress Investment Group Utilizes Open-End Funds

The Fortress Investment Group is boosting what it has to offer for investors using direct lending through a private credit effort. It has also teamed up with another funding agency that puts their money into intellectual property, aircraft leases, real estate, and other various types of debt. Fortress Investment Group is owned by SoftBank Group. Their hope is to stop the direct-lending fund in October of this year for over two billion dollars.

The company already has over four hundred million dollars. Their overall demand has increased by another one hundred million and the company is reaping many benefits. A private credit market can open a lot of opportunities up for lenders. When it comes to private credit, the payoffs from lending are better for small to medium companies. Because of this, it is attracting these companies that in turn bring a lot of revenue.

To understand the success of the business, it is important to understand what an open-end asset fund is. Essentially, this is a mutual fund that has no restrictions on shares for bonds or stocks. This is good for investors because it makes the overall process of investment more convenient and easy. There is a manager for each fund and should they decide that the total assets of said fund are too large, they may shut off the fund from new investors.

If this happens, in some cases, new investors may not be able to add to their investments. The shares are bought and sold on demand in accordance with the net asset value which is based on the total securities of the fund. At the conclusion of each business trading day, the total value is calculated. Depending on the value and numbers from that day, some of the fund’s investments can be sold off and the money the raise is used to pay investors.

Not only does this give investors an easy way to combine all of their money, it also helps each person to diversify their investment portfolio. There are many benefits of open-ended investing. There are some things to be aware of for investors though, such as the fact that open-ended funds are not super regulated and interest rates may rise and fall. Fortress Investment Group hopes to mitigate this with credit options and opportunities for new purchasers. It is thought that Fortress Investment Group will top $5.5 billion at the start of 2019.

The Inspiring Story of Randal Nardone in Investment Management

Randal Nardone is a successful businessman and financial investor who co-founded the Fortress Investment Group. Fortress is a diverse global investment management firm with a large asset base under their management. His journey in the world of finance has been quite odd since he never studied a finance related course in college. The experience he has gained over the slightly over two decades he has been in the industry has, however, established him as one of the top players. Randal studied Biology and English in his undergraduate at the University of Connecticut. He later went back to class and earned his J.D from Boston University Law School.

After school, Randal Nardone got a lawyer job at Thatcher Proffitt & Woods where he was later promoted to become a partner. Since he could not shake off his interest in finance, he decided to get a job in the field. Randal worked briefly for Blackrock Financial Management as a managing director before moving on to Union Bank of Switzerland. While at UBS he got the idea of a private equity firm but did not have the resources to execute. This shortcoming saw him seeking partnership with other financial gurus, Wes Edens and Rob Kauffman. Together they formed Fortress Investment Group and served as principals to date apart from Rob who retired.

In 2007, Fortress Investment Group decided to go public by opening its IPO and was listed in the New York Stock Exchange. This made the value of the shares of the founder members to go up, and Randal Nardone was named in the Forbes Billionaires list at position 557 with an estimated worth of $1.8 billion. In 2017, a Japanese bank, SoftBank bought a controlling stake of Fortress for $3.3 billion. The bank, however, agreed to retain the management of the company for their incredible managerial capabilities. Speaking on the purchase, Randal Nardone believes it will enable the group to even expand more by giving it a global outlook. At the time of the sale, Fortress was managing over $ 43 billion worth of assets for its over 2000 investors all over the world.

To learn more:https://patch.com/new-york/new-york-city/force-innovation-two-decades-fortress-investment-group

Shiraz Boghani: The Chairman Of Splendid Hospitality Group

Shiraz Boghani is a celebrated entrepreneur who is known for his business establishments in the hospitality industry. He has established a company which has opened a series of hotels in the United Kingdom. His company is known as Splendid Hospitality Group.

He is the winner of the Hotelier of the Year award during the Asian Business Awards 2016. He started developing hotels in the 1990s when he created the first limited service branded hotel in London. Since he started developing hotels, he has built over 25 such projects in various places across the United Kingdom.

As the Chairman of Splendid Hospitality Group, Boghani has a responsibility of leading the company through its growth plan. He has a clear vision of where he would like to take the company. Today. Splendid Hospitality Group has over 20 hotels. Some of the hotels that his company has built include York and the Grand Hotel and Spa.

Apart from his role at Splendid Hospitality Group, Shiraz Boghani has a commitment of serving the people. He has a role in a number of charitable organizations. He loves giving back to the community as he believes that the impact that he creates in other people through philanthropy is greater than the business he is involved in. There is no better way to make the people appreciate the purpose of the company than helping them out when in need. Shiraz Boghani holds a position in the Ismaili Community as well in the Aga Khan Foundation.

Shiraz Boghani has also done a noble thing in creating a health facility that takes care of the elderly and people with a need for specialized care. The East African born hotelier is interested in helping these people to live a better life, and this can only happen when they have facilities with employees who are ready to take care of them. Sussex healthcare is a facility which has existed since 1985 and was established by Shiraz Boghani alongside his friend Shafik Sachedina. He is a joint chairman of Sussex. The two saw the need to help the special groups of people live a comfortable life.

PHILANTHROPIC EFFORTS OF STREAM ENERGY

Stream Energy has been offering energy solutions to people living in various regions of the United States including New York, Pennsylvania, Illinois, Delaware, Ohio, Texas among other places in the country.

At the beginning of their operations, the company mainly offered services that ranged from Energy, Wireless, Protective, and Home services. However, over the time, the company has extended its operations, the firm provides connected life services such as digital over the voice services, virtual MD among others.

At Stream Energy, the focus is not only in providing services to those that can buy them, but also helping the communities around. With this in mind, Stream Energy has been involved in philanthropic efforts that have changed the lives of many people including their employees and the community at large.

As part of giving back to the community, Stream Energy came up with Stream Cares to render resources and support to local charity organizations. Some of the charity organizations that have benefited from Stream Cares include Hope Supply Co, Habitat for Humanity and the American Red Cross.

Stream Cares worked closely with Hope Supply mainly, to bring homeless children to a local park where they would receive food, diapers, school supplies, and other products. Stream Cares catered for the cost of meals and entrance for hundreds of homeless children. This initiative is part of the company’s activities in tracking the number of homeless children in Dallas.

Stream Energy also joined hands with the Salvation Army to raise money for the victims of a tornado that hit Texas in 2016. The company together with their associates raised funds for the residents of North Texas who had lost their lives, homes, and livelihoods.

Through ‘Operation Once in a Lifetime,’ the company was able to provide both financial and moral support to Dallas-area veterans together with their families. Stream Organization was also actively involved in co-hosting the American Girl Doll and gave essential support to 10 girls at the event.

At Stream Energy, philanthropy is part of their business, and they hope to change as many lives as possible through Stream Cares Company and initiatives.

https://www.linkedin.com/jobs/stream-stream-energy-jobs

Gareth Henry is a talented manager

During his academic years, Gareth Henry worked hard and attained First Class Honors degree in Actuarial mathematics and statistics. At an early age, Gareth knew what he wanted to study and worked towards achieving his goal. Gareth began his career in the financial sector and finally went to work with Fortress Investment Group which is a coveted institution in the United States. He worked here for years and sharpened his skills opening other great opportunities. He has used his skills to help companies grow and achieve great success in their endeavors.

It is not easy to manage large funds, and that is why it requires a talented person like Gareth Henry. He is analytical and talented business savvy and that is how he has managed to succeed in the financial world. Gareth is rated as one of the best investors for being able to predict the right outcome of the market. He has used such qualities to enhance his portfolio.

While working at Fortress Invest Group, Gareth Henry helped the company to gain huge benefits. He is always working in pursuit of excellence and achievement of excellence. Working with a large institution like Fortress Investment Group is not easy, but Gareth was dedicated to meet all the challenges successfully. Gareth has demonstrated his ability to help a company to achieve high returns. That is the way he has been able to make high-quality investment plans for the firms he has worked for in the past. He has enabled these companies to achieve great success and he continues to do the same where he is currently working.

Gareth Henry knows that people invest to make profits. His goal while working at any company is to ensure that customers are satisfied because that is the best way for a company to retain its clients. Gareth is focused on the future of businesses, attracting customers as well as maintaining those who are already customers for the business. His goal is to be the best, and he has already managed to become an outstanding manager in all the companies he has worked. He has helped Fortress Investment Group to become a leading organization.

Academy Of Art Grad Makes Waves On The Bachelor

America fell in love with Kendall Long when she premiered on Ari’s season of The Bachelor. This quirky blonde was known for her taxidermy collection as well as some other interesting oddities and was a shoe-in for the shows spin-off, Bachelor in Paradies.

Kendall Long is originally from California, where she attended Academy of Art University. In her recent premiere on Bachelor in Paradise, Long has found herself in a budding romance with “Grocery Store Joe”, aka Joe Abambile. The two met the first episode of Paradise and have been spending a lot of time together since.

Grocery Store Joe made is debut into the franchise on Becca’s season of the Bachelorette. He didn’t make it through the first cocktail party and has credited his short stay to his nerves. Could Bachelor in Paradise be giving both Long and Abambile a second chance at love?

A continuous relationship has neither been confirmed or denied by Long, Abambile, or the show, but hints have been released via Instagram and other social media platforms that the couple, potentially, continued a romance away from the island. Long posted a video with Abambile slightly visible in the background, Amabile is also spending a lot of time this summer in Long’s hometown.

Long’s career began a the Academy of Art University. Previously known as the Academy of Art College, this private University is located in San Franciso.

The university has a unique acceptance rate of 100% but an incredibly low graduation rate. They were founded with the intention of a school to help teach the advertising of art.

The university also owns their own Automobile museum with over 200 vintage cars. They also have a division 2 basketball team, The Urban Knights. They offer associates, bachelors, and masters degrees in a wide array of subjects.

Malcolm CasSelle Talks About the Future and The Obvious Innovation of Blockchain Technology

According to Malcolm CasSelle, OPSkins CIO and President of WAX, the idea for the revolutionary decentralized P2P marketplace came from item trade in centralized marketplaces. OPSkins is a global leader for in-game asset sales, rising to become a multi-billion-dollar institution in just two short years. The successful virtual trade of video game items across centralized markets proved profitable for OPSkins, but it also showed CasSelle that the future was in decentralized markets. In an interview with IdeaMensch, CasSelle spoke about what he called an “Obvious innovation”. As an early investor in both Bitcoin and Facebook, CasSelle ahs always been at the forefront of change. Now, he is sitting in the pilot seat. CasSelle’s interest in Bitcoin led OPSkins to become the largest Bitcoin merchant globally, so his instincts on decentralized markets come from a reliable source.

WAX stands for Worlwide Asset eXchange, it is a decentralized platform for player to player trade across multiple games. The games that are part of the WAX network allow in-game assets to be traded as actual virtual currency. This allows gamer a return on investment, intergame trade, and universal tokenization of various currencies. It is huge innovation in the cryptocurrency world and heralded by some as the tipping point for cryptocurrency’s mainstream. According to CasSelle it is an obvious step that someone would have taken if he had not. “The blockchain solves so many issues with cross-border micro-transactions that if we had not done it, someone else would have.”

Blockchain technology is the new kid on the block for cryptocurrency. It is a program that uses cryptography to create data lists for transactions. These lists record every aspect of a transaction, separating the wheat from the chaff in regards to fraud. Fraud and fragmentation are the two biggest obstacles to the use of decentralized markets, and blockchains eliminate the first by pinpointing unreliable sources. CasSelle, who came to OPSkins in 2017, has always believed decentralized markets were the future of cryptocurrency, as they allow cross-border transactions. The safety blockchains provided spurred CasSelle into action as a precaution against future competitors. “We had to embrace the notion of essentially building our competition,” CasSelle stated.

Wes Edens’ Major Investments

Wes Edens is the cofounder of fortress investment group. He not only serves as Fortress private equity chief investment officer but he is also an investor in other industries like real estate, infrastructure, transportation, financial services, media and healthcare. Prior to founding fortress investment, he was a partner and a managing director at the BlackRock Financial Management, Inc. He also served as partner and the MD at Lehman Brothers.Fortress investment has three core principals; Wes Edens and Randal Nardone who are based in New York and Peter Briger who is based in Francisco.

Wes Edens and Egyptian billionaire Nassef Sawiris came together to buy a majority of Aston Villas stake. The Chinese business man, Tony Xia, who bought the club in 2016 will now be the co-chairman and will remain on the team’s board. The team took in new players in effort to go back to the premier league where it was dropped in 2016. However, the team still lost in the May Championships final to Fulham football club. Toni Xia stated that finding such strong partners will be of great importance to the team as they plan to bring success back to the team.

Wes Edens has provided a beter option for commuters in South Florida. A normal drive between Fort Lauderdale and Miami normally takes around 45 minutes. However, the ride takes about 1 hour due to gridlocks. Thanks to Wes Edens’ Bright line train, now commuting will be much faster and convenient. Apparently it stands as the only private passenger train which takes only 30 minutes to commute from Miami to Fort Lauderdale. There is food service, leather seats and the passengers get to sit comfortably on leather seats.

There are plans to build a station in Miami which is supposed to cover six city blocks. Wes Edens said that they plan to expand Brightline beyond Florida. Brighline seems to be the better option for those commuters who find the trip too far to drive and too close to take a flight.

 

The Prestigious Success Of Infinity Group Australia

The Infinity Group Australia financial services company has been recently recognized by the Australian Financial Review. The AFR creates an annual list of the best businesses in all of Australia. The AFR compiles a list of the top one hundred companies and ranks them based on many factors. This year, the Infinity Group Australia placed number 58 in the top 100 most innovative companies in all of Australia. The top one hundred companies were the best out of over 1,000 potential awardees in the country. The list provided by the AFR is a highly recognized and prestigious list.

 

Graeme Holm was the one that was able to graciously accept the honors. The successful entrepreneur gave all of the credit to the employees of the Infinity Group Australia. He stated that it was because of the passion and honesty of all of the hard working employees that they were able to be as successful as they have been. This was the seventh year that the AFR has published its Most Innovative Companies List. The AFR has an audience of over 1.8 million readers and that number continues to steadily grow.

 

The list was compiled by the leading innovators and consultants of Australia. They were also the ones that judged the companies that were candidates to receive the prestigious honors from the AFR. The companies that best addressed the problem that they were trying to solve were the ones that got to be on the top one hundred list. The companies were also rated on the quality and uniqueness of the solution and the level of impact that it has had in the real world. The companies were also judged by their innovation, strategy, management of resources and their overall process.

 

The Infinity Group Australia has been around since 2013 and has since then been able to provide some much needed quality service to many families all across Australia. The company is based out of Bella Vista, New South Wales in Sydney. Graeme Holm co-founded the financial services company with his business and life partner, Rebecca Walker. Graeme Holm has also obtained the title of MPA Top 100 Brokers all across the nation and he also acquired Customer Service Management with IQPC in 2018.

 

Graeme Holm decided to found his own financial services company after close to a decade of working in the major 4 banking environment. It was during this time that he grew frustrated with the pushing of one branded products. He was soon able to turn this frustration into motivation, drive and inspiration. Graeme noticed how many of the banks were giving very poor deals to the families of Australia.

 

Graeme Holm saw that it was a problem, so he decided to create a solution. Graeme Holm and Rebecca Walker conducted research and development before founding the Infinity Group Australia company and found some more issues to solve. They noticed how there were no banks that provided ongoing support and guidance for their clients. The Infinity Group Australia reviews are now astronomically good. Learn more : https://infinitygroupaustralia.com.au/contact-us/