Joe Fagan

Former Soccer Star, Now Soccer Fan

September 23, 2018

How Fortress Investment Group Changed The Landscape Of Alternative Asset Management Industry

Fortress Investment Group is an alternative asset management company in New York. Founded in 1998, by the principals Randal Nardone, Wes Edens, and Rob Kauffman has turned this midsized private equity firm to a global asset management giant. Wes Edens is a US based businessman. They currently have 900 employees who work in accordance to the vision of the founders, thus managing around $43 billion worth of assets for 1,750 investors. The investment management firm is renowned for managing high returns with reduced risk-factors. Wes Edens played an important role in finding the Fortress company. The company invests in private equity, debt equity, and high-end vehicles.

Peter Briger is now one of the current principals after Rob Kauffmann left. The current principals believe in an asset-based investment approach that yields steady long-term income. The firm provides end-to-end services dealing with an asset which include its acquisition, handling, and financing. Their set of unique strategies are meant to generate returns from illiquid and distressed assets. They mostly handle assets in diverse domains such as high-end vehicles, real estate, etc. Since it was founded in 1998, they have maintained an excellent reputation when it came to acquiring, handling, pricing, and financing physical as well as financial assets.

Wes Edens lives in New York. Another expertise offered by the company is the efficient handling of mergers and acquisitions transactions. With over two decades of its existence, they have managed to bond with top management professionals, important board members, and the major stakeholders.

A few years back, Peter Briger and Michael Novogratz joined the company in the leadership and finance roles respectively. Since then, they have made tremendous contributions to the company and brought over many upgrades to the different asset management divisions. With years of experience at Goldman Sachs, they had an in-depth understanding of the domain they excelled in.

They became the fastest growing company in the alternative asset management industry, and the worth of assets they handled doubled up. Later in 2007, they took the bold step and became the first alternative asset management company to offer its shares with an IPO and were the topic of discussion for a while.

There came a point in time when Fortress Investment Group was ready to be sold. A Tokyo-based giant, SoftBank Corporation proposed exciting ideas to the principals of Fortress Group regarding how their strategies would help Fortress Investment Group double-up the current worth of assets they are handling.

They soon came to an agreement for $3.3 billion in the year 2017. There was a clause in the agreement which allowed Fortress Group to operate independently without any interference from SoftBank.

Currently, Fortress Investment Group LLC mainly focuses on Credit Division, Private Equity and their long-term interests in high-end cars.


September 22, 2018

How Freedom Checks Is Making Investments In The Energy Sector Profitable

In the cyberage, digital scams are the worst nightmare for an investor. Normally, a scammer would lure an investor by promising good money for minimal effort. This has led to people avoiding any lucrative looking opportunities in the current market. This proved to be highly disadvantageous for legitimate businesses who actually provide lucrative opportunities to earn. The latest authentic investment scheme called Freedom Checks is taking over the natural resources market at a steady pace.

Recently a video clip explaining the concept of Freedom Checks educates the viewers on alternatives for the citizens to get rid of dependency in the energy sector. The video was created by renowned Geologist Matt Badiali who currently offers financial advisory services to investors. The concept of Freedom checks originated from companies who deal with natural resources. Recently, due to the sudden decrease in oil imports, the oil and gas companies in the U.S. are working at 100% capacity which has considerably increased the production.

There are around 568 companies or MLPs globally that distribute Freedom Checks to the investors with monthly or quarterly payments. An MLP or a Master Limited Partnerships issues such checks at regular intervals of time. The operations of such companies include the production, processing, transport, and refining of natural resources. The natural resource be it gas or oil, is transported to from wells to oil fields using pipelines for further refining.

The criteria for becoming an MLP requires the company to share 90% of the revenue generated with investors. The payments are tax-free as they don’t reflect as income but as a return on investment. The checks from MLP’s can be received through the mail or directly into the trading account.

Geologist Matt Badiali claims to have made a fortune from this scheme. He has a strong educational background, with a B.S. degree in Geology and a Ph.D. in Sedimentary Geology. By then he acquired an in-depth understanding of the energy sector and natural resource companies. He used his knowledge to study the market and now provides unique strategies and advice to his clients for investing in the energy sector.