Innovative and forward-thinking, Serge Belamant, created the first version of blockchain technology back in 1989 and he also holds the patent for that technology. In simple terms, blockchain is a list of records that are linked together with cryptography. As an applications and software developer Belamant has made many contributions to the financial sector and his inventions provided the backbone for cryptocurrencies. Born in Tulle, France, Serge Belamant moved to South Africa as a teenager and attended Highlands North High School for Boys in Johannesburg. While in high school, he played rugby, earned sixth place during the South African Chess School Championship, was appointed house captain for the science and bridge clubs, became Victor Ludorum and was named Head Prefect.
Without a doubt, his high school experience was a clear indicator of his future success. Belamant attended Witwatersrand University and the University of South Africa, studying engineering, computer science, applied mathematics and information systems. He left school to enter the workforce and accepted a position with Matrix, a civil engineering firm where he worked with finite element analysis software and analyzed water levels in dams throughout the RSA. This was just the beginning of what would become a long and his successful career. Serge Belamant was a key contributor on projects for the Council for Scientific and Industrial Research (CSIR). He provided leadership to a team responsible for a Pretoria, Witwatersrand and Vereeniging road planning project and served as a knowledgeable resource.
While working on a Cybernet application support team at Control Data as the Head Analyst in their ESKOM division, he won the Analyst of the Year award in both 1980 and 1982. Serge Belamant was recruited by SASWITCH, where he led his IT division. Faced with difficulties within the RSA banking system concerning real time switching and the processing time of transactions, SASWITCH charged Belamant with resolving the problem. Belamant developed a new National ATM switch for RSA banks that ran on parallel processing systems and fault tolerant hardware. He also secured contracts to obtain the necessary hardware. Serge Belamant went on to launch his Net1 Technologies in 1989, which became a publically traded company in subsequent years.
New Residential Investment Corp Invests in Residential Properties
Michael B Nierenberg is the CEO, Chairman, and President of New Residential Investment Corp (NYSE:NRZ), a public real estate investment trust (REIT) that specializes in the investment of and the active management of properties in the residential housing sector. The Company also makes investments in residential mortgage backed securities and excess mortgage servicing rights.
Located on the 45th Floor of 1345 Avenue of the Americas in New York City, its Board of Directors declared a quarterly dividend of $0.50 per common share for 2018’s fourth quarter that was payable on January 25, 2019, to shareholders of record on December 31, 2018.
Managed by an affiliate of the global Fortress Investment Group LLC, NRIC’s objective is to employ their investment expertise that has been proven to deliver to their shareholders attractive and stable returns from growing and strong dividends. Targeted are cash flow long term assets.
NRIC believes that developments in the approximately $21 trillion residential housing market in the United States generate significant investment opportunities. The complexity of the residential mortgage loan market has increased dramatically, and the industry has been undergoing major changes that have transformed the way that mortgages are owned, originated, and serviced. That has created amazing investment opportunities.
In the world of business and investments, Shervin Pishevar is a renowned and respected man. He has vast knowledge and extensive experience in the investments sector. Shervin is the executive chairman andco-founder of Virgin Hyperloop One as well as the Sherpa Capital’s managing director. He is popularly known as a distinguished investor and particularly an early investor at Uber Technologies. Shervin an Iranian immigrant into the US has dramatically succeeded as a venture capitalist beyond what many would expect of an immigrant. He has a deep entrepreneurial spirit and an outstanding investor character.
On 5th February 2018, Shervin Pishevar started a tweetstorm predicting the economic trends in America. The tweetstorm that lasted for 21 hours, composed of 50 tweets was filled with Shervin’s warnings and concerns over America’s economic future. In all his 50 tweets, he made some outlandish predictions on a financial storm. Whether the predictions are right or not, it’s just a matter of time. Having worked in over 20 investment companies, he might be knowing something that the ordinary people might not.
In his first tweet, Shervin Pishevar predicted that the economy would experience an unexpected drop by 6,000 points. In such a shaky economy, nothing is for certain, and the market is not safe for anyone. There are times that the market has dropped significantly and thus this prediction cannot be ruled out. In his next tweets, he expressed his belief in the continued crash of bitcoin stating that the crash is not over yet. He also stated that in the current technology age, the Silicon Valley idea is outdated and cannot be banked upon. He noted that the project is losing influence over time.
In another tweet, Shervin Pishevar claimed on future volatility of the markets. He elaborated on current economic shifts and the world experiencing an economic transformation while America is failing to maintain the lead. However bad the fact is, entrepreneurs can make a lot out of it. As much as these predictions cannot be justified, it is food for thought for all investors as well as the American government. In a world of rapid economic changes, only time will tell what the great business minds will come up with to cope with the changes.
The SoftBank Group is a global technology company that has a goal to create an information revolution. The SoftBank group is made out of the holding company SoftBank group Corp. and the comprehensive companies portfolio of partnerships including internet services, intelligent robotics, AI, clean energy technology providers, and IoT. In the year of 2017 in May, the soft SoftBank vision fund, a company that invests in new technologies and businesses worldwide will provide the next stage of the information revolution, had its first big close in May 2017. It also had over 78 billion dollars in capital. Visit https://patch.com/new-york/new-york-city/force-innovation-two-decades-fortress-investment-group
SBG or SoftBank recently announced they have finished a previously announced purchase of the Fortress investment group, LLC for 3.3 billion in revenue. To go along with the closing of the transaction, SBG and its fully- owned subsidiaries control every single Fortress share. The completion fits all the requirements needed for the transition to successfully close, including the receipts of all regulatory approvals and the transactions by Fortress shareholders on July 12th.
Due to the ition, every outstanding Fortress A class share was turned into the right to obtain 8.08 per share in money, with merger proceeds to be given in accordance to the payment procedure outlined in the Fortress’s Definitive Proxy dated June 7, 2017, and the Merger Agreement incorporated therein. Fortress common stock has ended results will be consolidated and revealed the SBG’s consolidated financial statements. Following the acquisition closing day of December 27 in 2017.
Would you like to know more information about SoftBank or the Fortress Investment group? Visit us at www.softbank.com, and hopefully, we can answer all your questions.
HGGC is an equity investment organization that focuses on leveraged business transactions and the growth capital investments in the middle-market firms. The company includes a uniquely seasoned and talented team of experts with many years of operational and collective experience. The firm is committed to fully align its interests with various partners so that when it succeeds, they also succeed.
The company is designed to bring excellent practices from the current equity and worldwide corporations to build themiddle market enterprises that out-perform the current market. Since its establishment, the company has completed various platform investments and business add-on acquisitions.
HGGC and the RPX Acquisition
The RPX recently announced the closing of a business transaction of approximately half a billion dollars. According to the SEC filings, this aggregate consideration was paid by the purchaser for the entire equity securities of the RPX. The senior directors were removed from their positions, and the current board of the RPX consists of new members. The RPX acquisition marks the company’s second take-private agreement following the purchase of the Nutraceutical International Corporation. They also produce and distribute natural minerals, vitamins, personal care products, and supplements in August 2017.
These new transactions demonstrate new sourcing pools for the HGGC Company’s well-established partnership investment strategies. This has seen the firm invest in more than 27 privately-supported platform enterprises since inception. Marty Roberts, the RPX President, and the Chief Executive Officer said that they are thrilled to partner with the Company to achieve the next phase of enterprise growth for the firm’s patent risk and the discovery management businesses.
The HGGC recently announced that it would be expanding its operations team with 6 new hires across the operations, investments and financial functions. The new additions which are all from the blue-chip financial and enterprise bands will ensure that the HGGC Company has the much-needed talent and bandwidth to manage and execute its successful investment log strategies. The six additions include Colin Phinisey, Christopher Guinn, Zachary Adams, William Spector, Patrick Malanga, and Hao Qin.
Hurricane Harvey recently caused havoc in Dallas and left hundreds of residents homeless or injured. As a Dallas-based company, Stream Energy dedicated its financial resources to help support the victims of the natural disaster. The company gave out the help through its philanthropic arm, Stream Cares Foundation. Stream Cares’ Mission Corporate philanthropy is always part of the core values of Stream. The company launched Stream Cares Foundation to extend its philanthropic activities to Texas and all regions in the country. For the case of Hurricane Harvey, Stream aimed at showing how Dallas-based companies should support the community. The firm offered both technical and financial helpto enable the affected families to find a convenient place to stay while recovering from the tragedy. More about Stream Cares The Stream Cares Foundation aims at helping people who are in need by supporting the local charities and communities. Though launching a separate philanthropy arm is a relatively new phenomenon to Stream Energy, it offered them dual benefits. The company gets the chance to donate to the community while earning loyalty and respects from the public and potential clients. About Stream Energy As one of the leading direct selling and connected life services companies in the US, Stream Energy targets different customers. They include consumers looking for energy, home, protective and wireless services. Amassing more than $8 billion in revenue, Stream is an influential force in the global energy market. Stream began its operations back in 2005 and currently manages offices across the US including Texas.
Over the Years, Stream Energy’s portfolio expanded to accommodate various connected life services. They include digital voice service, Virtual MD, and international wireless plans. Such services aim at keeping clients connected whether they’re at work, home or outdoors. Thanks to its unique business model, the company hires and empowers subordinates in its markets. As of 2018, Stream Energy has more than 250,000 Independent Associates who help achieve its business goals. The firm also runs Women of Power, which is an organization that gives female associates a chance to grow their businesses by discovering their unique talents and connecting on a higher level. https://www.indeed.com/cmp/Stream-Energy
One of the fascinating things about the country is how everyone has just accepted that the most convenient ways to travel across cities are either through a road trip or by air. It is a little odd because continents like Europe have a speed train connecting almost all of the towns and making it easy and convenient for tourists and even locals to get from one point to the other.
Well, one company has decided that it is time to change the culture of intercity travel. Brightline, which is a subsidiary of the Fortress Investment Group, is going into a partnership with Virgin Atlantic to expand the local speed train networks between the cities. The leader of the company and the co-founder of Fortress Investment Group Wes Edens announced the organization, stating that the beautiful collaboration between the two companies would go a long way in ensuring that lasting improvements were made within the transportation sector. Learn more about Fortress Investment Group at Bloomberg.
The Virgin group will make a minority investment in the project. They are also expected to allow Brightline to take care of the entire execution of the plan. Brightline, on the other hand, will be borrowing and adopting Virgin Travel’s name for the project. It is expected that the title will leverage their reputation and make it easier for the company to win travelers, and expand their territory.
Speaking about the merger, Richard Branson stated that the merger couldn’t have at a better time. He added that Virgin Travel had spent the past few years capitalizing on their growth as a travel company. During this time, they had managed to create a train service in London. He added that nothing was more pleasing than seeing a company like Brightline coming forward and making their mark in innovation within the transportation sector.
Wes Edens, the co-founder of Fortress Investment Group, reiterated that it was about time that they rewrote history as far as the American concept of intercity travel was concerned. He promised that the team in charge of implementing the innovative project would do their best to make sure the results were terrific. Fortress Investment Group co-founder Wes Edens is a forward-looking and creative leader, and there is no doubt that their team will deliver on the promise.
Fortress Investment Group has some big news to share regarding their rail line called Brightline. The well known rail line will now be partnering with Virgin Group founded by Richard Branson in 2019. This partnership is major for residents of Florida and is the start of much growth for the company.
The partnership with Virgin Group will include what is called a minority investment with Fortress Investment Group. This means that Fortress will still keep the majority of the company, making the investment very strategic and straightforward. Fortress also plans to give Brightline a new name to confirm their brand new alliance. Virgin Trains USA will replace the origin brand and is expected to be set in stone some time in 2019. More Business News at businesswire.com
Brightline trains are currently in operation throughout Florida including West Palm Beach, Miami and Fort Lauderdale. Once the rail line is renamed, it will start to service Tampa as well as Orlando. This is great news for commuters who have been wanting to travel to other cities in Florida. In addition, Fortress Investment Group also plans to build a high speed rail system which will make travel to Southern California and Las Vegas accessible.
The great thing about this partnership is that millions of customers across the region will be able to enjoy other businesses by Virgin Group. These other companies include Virgin Hotels, Voyages and Atlantic. Brightline will also expand its rails to Orlando with a whopping 1.75 billion in tax exempt bonds. This comes at such a great time as over 100,000 people ride the train as reported back in October. Passengers will not have access to more services and features thanks to this merger.
This major partnership between Fortress Investment Group and Virgin Group is significant as Virgin has experience operating railroads. Virgin Group’s high speed intercity passenger rail system has currently been operating for 21 years. Founders of Fortress Investment Group are thrilled at the new partnership and what lies ahead for the company. All those who are interested in more information regarding this new business venture are encouraged to contact the companies’ websites.
There’s been some efforts underway to privatize railroad and city metro transits and develop an unparalleled rider experience, and now one effort is gaining traction. Wes Edens, an executive at Fortress Investment Group and cofounder of Brightline will now be a partner of Virgin Group, the UK corporation founded by Sir Richard Branson to form Virgin Trains USA. With some great interest in this venture from Fortress Investment Group’s affiliates and optimism from Branson, many believe opportunities to revolutionize America’s railways are about to happen. What this new partnership is expected to do is increase the area of operation for Brightline from its current service from Miami to Palm Beach, and add lines going up to Orlando and Tampa. Branson says he hopes the innovations coming out of this new joint venture will change how much fun travel will be for Americans and add to the current experience. Disruptive companies are among key investments that Edens is a part of at Fortress. More about of Wes Edens at Crunchbase.
Wes Edens has been quite an accomplished financial expert who knows the world markets very well, and knows which kind of alternative investments can help client portfolios perform very well. He and his fellow executives at Fortress Investments just had a major multibillion-dollar deal go through to be a part of Softbank Corporation, a leading global equity firm that has a diverse strategy of funds that includes Bitcoin and other blockchain technology. Wes Edens currently works alongside Randal Nardone and Peter Briger, though he formerly was also teamed up with Paul Kauffman.
Fortress Investment Group was founded in 1998 with fundraising from Wes Edens and his colleagues, and in 2007 he led the first IPO that turned Fortress into a dynamic investment powerhouse. Edens attended and received his bachelor’s degree in finance from Oregon State University. His first notable career move was being a funds managing director at Lehman Brothers investment bank. From there he joined the board of directors of BlackRock Financial Management Inc, and he oversaw the firm’s private equity division. He joined the founders of Fortress after this and also became a majority owner and executive of the NBA’s Milwaukee Bucks.
Due to the erratic nature of the financial and stock market in today’s world, it has become difficult to predict where to invest and which investment product to avoid. In most cases, people have been able to gain good results when they have followed the expert advice of finance professional with years of experience and a proven track record of getting investors positive investment results. One such expert that you can rely on for getting sound financial advice is Matt Badiali, senior editor at Banyan Hill Publishing and the editor of two famous newsletters named Real Wealth Strategist and Front Line Profits. He is also the one who has crafted the Freedom Checks strategy that has been applauded highly by some of the top industry experts and also the common people.
Matt Badiali says in the newsletters he edits that there are many markets where the main street Americans are not investing, but should. One such market is the natural resources sector, where there are over five hundred master limited partnership companies operating that have to share ninety percent of their profits with the firms and individuals who have invested in it. Matt Badiali has done in-depth research on the market trends and has been able to identify some Master Limited Partnership companies, investing in which can be profitable. It would help the investors get Freedom Checks on a regular basis. If you want Freedom Checks too and want to secure your life financially, do not hesitate to follow the investment advice of the leading financial expert, Matt Badiali.
Freedom Checks are nothing but dividends that MLP companies provide to its investors. Ever since Matt Badiali talked about it in his newsletter, people are skeptical if they are profitable. He knew that people would doubt it and it is the reason he wrote the newsletter to make people aware about the legit opportunity that would help them earn high returns. For those who mainly invest for their retirement, there is nothing better than Freedom Checks as people need to invest and forget about it. With time, they will keep receiving their dividends depending on the revenue of the company you invest in.