After SoftBank Acquisition, Fortress Investment Group Remains Bold

After a couple of decades of making bold choices in the world of finance, Fortress Investment Group has definitely earned the attention of an industry were you’re only as relevant as your last acquisition. Over the last year, they made it clear that whatever they do next, they will have an audience.

The SoftBank buyout was a shocker for some. They managed to get their hands on $40 billion in global assets in one buy. But SoftBank knew they were purchasing expertise with Fortress Investment Group. They remain in control of their day-to-day functions, and SoftBank keep its distance and an eye on its investment with a seat on the board.

Rajeev Misra, CEO for Fortress Investment Group, has spent the first year with new owners by setting off on an ambitious project. In interviews throughout 2018, Misra said they are committed to getting majority shares in 100 tech companies. Expanding their profile in tech companies, Misra is looking to be part of the industry’s seemingly limitless future. It’s something they can better focus on, now that executives aren’t spending so much time on hunting down investors to keep the business going.

Though the Vision Fund, a SoftBank initiative, the group is merging experience in real estate with their hunger for start ups. They’ve been involved in companies like Compass, Katerra, and OpenDoor.

This doesn’t mean they’ve moved on from physical real estate. One of their biggest purchases last year was a notable Tiffany & Co. property in Palm Beach, Florida. They plan to continue development with office space on the second floor. They Also acquired SuperValu in Pompano Beach. That’s two big South Florida purchases added to their portfolio just a few months apart.

The past year is evidence enough that the relationship with SoftBank is going smoothly so far, but Fortress Investment Group is still looking to other players to partner up. Egyptian billionaire Nassef Sawiris, is one such player. Together they got hold of a majority stake in the Birmingham’s Aston Villa Football Club.

Fortress Investment Group became a household name by being daring. It’s an approach to investment that drew SoftBank’s attention in the first place. But in the last year, while experiencing substantial change to their leadership and their business opportunities, this group has managed to increase their international presence and remind investors everywhere that they are worth keeping an eye on.

To know more visit @: www.inc.com/profile/fortress-investment-group

Catching up with Nitin Khanna of MergerTech

Having held various training and consulting positions in Oracle Corporation and Saber Solutions, Nitin Khanna has been the CEO of MergerTech since 2016. MergerTech is a technology form of a bank that offers merger and acquisition advice to their customers. He was born in India in March 1971 and has so far settled in Portland. In 1998, Khanna co-founded Saber Corp., a tech company which he later sold to EDS at four times its worth. Selling the company four times its revenue is what kept him inspired in starting MergerTech according to an interview by IdeaMensch. At his age, he has done extraordinary things through helping clients in finding the best financiers and strategic advisors for them.

Nitin Khanna is an alumnus of Purdue University where he attained a bachelor’s and master’s degrees in Industrial Engineering. Khanna was employed at EDS where he oversaw business operations by the government leading to an increase of employees by 300 and revenue of 300MM dollars. Recently, Nitin got into the rapidly growing cannabis industry and founded Cura Cannabis which is among the most significant oil providers in Oregon. In a few years, the industry will move to the legal market thus being accepted by many. Follow this link to read more about Cura Cannabis Solutions.

Due to his passion for movies, he has been part of producing films like Terms and Conditions May Apply and What Lies Upstream. He has also made two world-class wines namely Four Handle and Oregon Pinot Noir. Meeting clients and his team are what makes Nitin’s day more productive since he can associate with them and understand the loopholes within the company. Nitin Khanna also serves as a mentor where he helps stabilize and grow an idea of their client through help from experts in that particular field.

The social media trend excites him so much since one can use it to grow his or her business faster. Being investigative by nature, Nitin tries to use different approaches that may give way to significant results. Working hard and knowing how to plan is a technique that Khanna advises his staff and the youth to use to achieve their goals.

See Nitin’s profile on Bloomberg https://www.bloomberg.com/research/stocks/private/person.asp?personId=26286906&privcapId=143882691&previousCapId=100891&previousTitle=Accel-KKR%20LLC

Founder of Lincolnshire Management Receives Honorary Recognition

Founded in 1986, Lincolnshire Management is uniquely characterized as being a private equity firm that specializes in executing controlled investments to project the growth of middle market labeled companies. For more than 30 years, the firm has made an extensive amount of investments in recapitalizations, management buyouts, corporate divestitures, growth equity, and in the acquisitions of more than 85 different private companies. As of today, Lincolnshire Management is estimated to have one of the top quartile ranking private equity funds with over $1.7 billion of these funds placed under their management. Moreover, in addition to being headquartered in New York, the firm has also expanded to include offices in Atlanta, Chicago, and Los Angeles.

In having acquired and maintained their reputable reputation for administering expertise-driven service, Lincolnshire Management attributes such long-term success to their collaborations with operating partners who routinely strive to generate new ideas/strategies to expand the growth of products for these middle market companies. Nonetheless, the private equity firm too utilizes a team of professionals who are well-endowed with operational and managerial experience to better assist in specific portfolio builds for these companies. Of the various industries that Lincolnshire chooses to invest in, they have developed a distinctive business interest in investing within service industries, manufacturing, and distribution. More on this capable leadership is provided here.

Yet, neither Lincolnshire nor their associates would be in the elevated position that they carry today if it wasn’t for Lincolnshire’s founder, Steven Jay Kumble. Kumble is a man who prior to creating Lincolnshire, accumulated a lengthy history of financial investment experience while working for several firms over the years via his titles as Chairman, Founder, and Director. Upon forming Lincolnshire Management with his late partner in 1986 and establishing himself as Chairman once more, Steven Jay Kumble incorporated his professional financial experiences for over a period of 20 years and led the company to have over $1 billion in buyouts. Furthermore, for his remarkable history of achievements in private equity investments, Steven Jay Kumble was honored by Continental Who’s Who in 2017 with a Pinnacle Lifetime Membership. With the receipt of his membership, Kumble advised the masses that one’s plans in life typically tend to change, but when doing so to make the most out the opportunities given and to never underestimate hard work.

More about how Steve Jay Kumble has raised the firm to its present status can be read through this link https://www.crunchbase.com/organization/lincolnshire-management

 

Why Freedom Checks Are Important And Why You Should Make Sure You Get Yours

Usually if you hear about receiving a check each month that you don’t have to pay any income tax on, you think of a government benefits check such as social security, disability or unemployment compensation. But there are other checks you can receive that are not government checks and don’t have all the eligibility requirements that government checks have, and you can receive them in either monthly or quarterly payments. These are freedom checks, a kind of payment associated with investments that were discovered by an editor at Banyan Hill, a financial newsletter and advisory publication company. What he discovered about these investments was that practically anyone could get them and they could turn just $1,000 into gains to sometimes as high as $400,000 at the height of their maturity.

Freedom checks are much like regular stocks that you can find on most major listings, but there are a few aspects they have that make them different from other investments. First, they are treated as return on capital from master limited partnership companies which are companies that are registered a little different than most other corporations and that deal in natural resources. Second, the dividends paid in freedom checks are 90% of company income, but since they are classified as return on capital, they are granted tax exemption according to a law known as Statute 26-F which was passed in 1987 as part of a movement to bring an end to foreign oil dependence.

So just how much are these MLPs who’ve increased fracking and domestic oil production going to pay put? According to Matt Badiali, a natural resources expert and investor, freedom checks are looking at a whopping $34 billion to pay their investors over this next year. Even though oil prices may be increasing, foreign oil barrel imports are around the lowest they’ve been in quite some time, and with fracking having a boom, receiving monthly or quarterly freedom checks are not something you want to miss. To find out more about these checks and what Badiali has to say about them, go to www.BanyanHill.com.

For details: affiliatedork.com/34-6-billion-freedom-checks

How the Fortress Investment Group was able to get Peter Briger.

After completing his B.A at Princeton University Peter Briger got a job at Goldman Sachs, this would mark the beginning of an illustrious career spanning more than three decades in the financial sector. Over the years he has held various positions in the two organizations he has worked for and as such has gained a lot of experience in markets spanning the country as well as the globe. His interest in the Asian market saw him lead various departments at Goldman Sachs at a time when the market was beginning to open up. His experience in this area would prove vital as he would later become an advisor at the IFC. This was before the Fortress Investment Group headhunted him. His life would take a new turn at this point given the new position that would prove to be more taxing than the previous ones. This was due to the fact that he was tasked with establishing a new department at Fortress. Peter Briger would create the Credit department and manage it till it was able to catch up with other departments that were part and parcel of Fortress as of its founding. This was no mean task, but thanks to the experience gained over the years Peter Briger was able to take it all in. He would go ahead and establish the credit division, which he leads to date. The division has its headquarters are based in San Francisco, and it’s these offices that Briger is currently in charge of. He is also the Co-Chairman of the larger group as well as Co-CEO. These positions came with a lot of responsibilities which however did not stop Peter Briger from finding time to do the things he is passionate about. He has a passion for nurturing young entrepreneurs something that came out clearly when he was requested to be part of the team developing the Princeton Alumni Entrepreneurs Fund. He took on the same with zeal and was even among those who helped fund the same in initial stages. The fund has been instrumental in nurturing a number of projects that are today in the market. A Force of Innovation: Two Decades of Fortress Investment Group