Wes Edens is the co-founder and Chief Investment Officer of Fortress Investment Group. The group is involved in investing in numerous industries that include mass media, finance, public healthcare, property management, infrastructural developments, and the transport industry. Additionally, he serves as the firm’s co-chief executive officer, deputy chairman, private equity lead officer, private equity president, and chief investment officer of private equity.
Before his involvement with the Fortress Group, Wesley identified himself with the BlackRock Financial management firm as a partner, also serving as the organization’s director. He has held previous posts at Lehman brothers as the managing director. The Wall Street Journal recognized his input in the firm’s acquisition of Springfield Financial Services, bequeathing Eden the title of “New King of Subprime Lending.” The new firm formerly known as AIG’s America General Finance had a total asset value of $3.5 billion by the end of 2015. More about of Wes Edens at Crunchbase.
On the behest of Wes Edens, Fortress obtained further sublime lenders in the mortgage industry, namely Centex Home Equity company. Currently, the mortgage firm goes by the name Nationstar Mortgage and is under the chairmanship of Eden. The entrepreneur marries his passion for finance with that of sports, as evidenced by his firm’s purchase of the Milwaukee bucks for a figure of $550 million. In the purchase negotiations, Wes Edens gave his word to the former owners to build a new stadium for the sports team and also to retain the Wisconsin locality.
Fortress Company’s diverse interest in the energy infrastructure revolves around the financing and providing quick solutions that give dependable power and sustains the environment. Under the guidance of Wes Edens, the firm has set out to provide clean, inexpensive and sustainable energy. The firm takes a cautious approach to merge its growth interests to the improvement of the quality of life.
While clean fuels exist in specific areas of the globe, harsh terrain is a challenge to firms endeavoring to provide the alternative resource. Fortress has a unique approach to solving critical hurdles that present hindrances to sources of renewable energy. The company employs an end to end approach to project development, funding the entire project without external borrowing. Wesley Eden’s firm engages expatriates in the energy industry while at the same time retaining an established logistic channel.
Flavio Maluf is the chairman of Eucatex, one of the largest Brazil companies dealing in the production of paints, floors, doors, MDF panels, and many other products. Flavio Maluf is committed to investing in sustainability and engaging in other social actions. In 1962 the company invested highly in land and reforestation for the purposes of maintaining self-sufficiency since eucalyptus is one of the materials it uses in the production of some of its products Visit dino.com to learn more
Mr. Maluf championed the development of Environmental Education Program, which partners with Sao Paulo city halls. Among the objectives the program hopes to achieve is to educate people on environmental preservation, the importance of forest management and the reasons why various forest made products have eucalyptus as one of their raw materials. People who participate in this program by Flavio’s company learn about tree planting and the benefits it creates for the society. Other lessons include the care that should be accorded in tree planting activity and the activity of recovery planting in the degraded areas. So far, at least 27,000 visitors have participated in the program
He has also introduced another initiative in Eucatex that aims at improving the company’s relationship with the community. The specialists from Eucatex visit the people in the vicinity of the company’s farms as a means of determining the possible impact that the company’s forest operations have on them. It is also a means of carrying out a socioeconomic diagnosis of the area. Flavio Maluf also used this initiative in planning actions that can improve the quality of life and the well being of the people in the surrounding areas of the farms.
Under the leadership of Flavio Maluf, the company has also developed an Apiculture program which provides apiculture pasture to the families close to the tree farms so that they generate income from honey. The beekeepers get the honey from the bees exploring the flowers of the eucalyptus trees the company has planted in their vast farms. Eucatex has also provided employment opportunities to the locals and it stimulates the economy and indirectly generate employment opportunities in various other sectors. The preservation of forests is also of importance to Maluf, which is the reason the company builds firebreaks
Randal Nardone was nominated as the principle in the year 1998, and the CEO of Fortress Investment Group in 2013. He has served all these career positions ever since. He is also a member of the board of management at the firm since 2006.
He earned his Bachelor’s degree in English and Arts in Biology from the University of Connecticut. After his degree he later joined the Boston University School of Law for a J.D. He is ranked #557 on Forbes billionaire list in the whole world. Randal served as the deputy president and secretary at the Newcastle Holdings firm and the principal of Credit Corporation Docket.
Randal Nardone’s Experience Before Joining Fortress Investment Group
Randal Nardone started his career at Thacher Profit and Wood Law Organization where he was an attorney and a partner. He joined the finance industry as a principal in Blackrock Financial Management before joining UBS AG in the year 1997 where he served as a managing director. In the year 2000, he served as a secretary of the Newcastle Investment Corporation before becoming its president. Randal Nardone was also the CEO and the secretary at IMPAC Holdings from the year 1999.
Randal Nardone has been working as the CEO of the Fortress Investment Group since 1998. As an organization that offers private equity services and funds, the management of the company requires exemplary leadership skills and responsibilities that can make it grow. Since the main agenda of the company is to grow and provide the best services, he had the responsibilities of expanding the firm’s horizons to different levels of services. At Fortress Investment Firm he was also serving on other boards such as the Newcastle Investment Holdings, Fortress Credit Corporation, where he was the principal and co-founder, Fortress Investment Trust and Fortress Investment Fund.
Fortress Investment Group and the SoftBank
SoftBank recently announced that it had completed the purchase of the Fortress Investment Group for approximately $3.3 billion. The acquisition follows all the satisfaction and all conditions that were involved in the process which include transaction approval by the Fortress Shareholders. The company will be under SoftBank and it will be an independent business. The Fortress principals Nardone, Wes Edens, and Peter Briger, will continue to manage the company. About the acquisition, he said that he was optimistic about the agreement and how it will expand the company. He added that the firm would be in the position to grow faster.
Today, construction companies are the leading economic drivers in the society; this is because of the job opportunities they have created. Aloha construction is one of such companies; it is located in Lake Zurich, Illinois and specializes majorly in roofing, renovation and all sorts of construction works. The company’s specialization makes it develop and stand out to become a master in the roofing and other construction works.
Aloha construction not only provides roofing services, but also gutter and siding services. When it comes to the roofing services, they have skilled and experienced contractors who can work on all kinds of roofing. For example; asphalt, metal, steep and any other kind of roofing based on the client’s interest. Due to their good work, aloha has earned countless contracts in the roofing part.
Apart from their roofing expertise, Aloha construction also has experts in different kinds of siding. Although most of the construction companies usually assume this essential part of the construction process, Aloha is well specialized on it. They offer wood, Hardie board, vinyl, and aluminum siding. Their end product is the gutter service; this is also an important part of the roofing process as it provides protection to building from rainwater, and future problems like wear and tear. Clients needs always vary according to the different designs of gutters; all these needs are best catered for to the clients’ satisfaction.
The company’s lake Zurich site greatly serves the people of Illinois and Southern Wisconsin region. This is proof that Aloha has perfect experience as well as the best technical capacity to deal with all types of roofing. One of the advantages of Aloha is that they not only offer the actual construction service, but also offers repair services as well.
Under the leadership of Dave Farbaky as the president, Aloha construction operates to their best professional level to ensure that each and every client’s need comes first. In 2017, the company was honored with the BBB Torch Award for ethics due to their charitable services in the field of construction. The Torch Award gives recognition to companies that carry themselves in an astonishing ethical manner. Currently, the company is fully insured, licensed, and provides a ten-year warranty in craftsmanship.