Wes Edens is an established entrepreneur and a businessman in the American economy. He is perhaps popularly known for being the co-founder of one of the most successful investment firms in the country, Fortress Investment Group. Being the current chairman of the firm, Wes Edens has been able to steer the development agenda to ensure that Fortress becomes a successful company.
His career journey
Wes started off his career by joining the University Of Oregon State. After graduating in 1984 with a bachelor’s degree in Business Administration and Finance, he joined Lehman Brothers. Here, Edens was hired as the Managing Director and a partner between 1987 and 1993. He then decided to shift to BlackRock Investment Group where he was also the Managing Director and a partner. After gaining the necessary skills and knowledge in the financial industry, Edens together with other four individuals founded Fortress Investment Group. Through combined efforts, they have managed to make the investment firm a success.
His role at Fortress Investment Group
Besides being the co-founder of the company, Edens is currently serving as the private equity CEO where he has invested in different industries including healthcare, infrastructure, real estates, media, and transportation. He has worked hard to ensure that company clients receive exceptional services. Wes has also come up with tailor-made innovations, which have elevated the reputation of the company.
In 2007, he oversaw the company’s private investment firm going for public trading. With its first IPO being underwritten by Goldman Sachs and Lehman Brothers, Fortress Investment Group managed to sell its 8% of its shares to the public for a total of $600 million. With success witnessed in the IPO trading, most of the success has been owed to Wes Edens and his co-principals. He is still the chairman of the company and the administrative staff chief.
Achievements at Fortress
Edens has made tremendous success while at the Fortress Investment Group. When the company purchased part of Springfield Financial Services, the Wall Street Journal awarded him the “New King of Subprime Lending.” As a result of the recognition, Fortress grew to a total of $3.5 billion worth of assets. Wes Edens had also steered the purchase of Centex Home Equity Company, which is also a mortgage lender. Today, the company is known as Nationstar Mortgage. His success in finance has been witnessed across Wall Street. Aston Villa: Wes Edens & Nassef Sawiris to make ‘significant investment’ in club
OSI Group is a firm that deals with excellent processing. The company is best known for the production of protein foods of value. Previously the company was called OSI Industries but later changed its name to OSI Group. Since then the company has become a leader in the global arena and supplies products to various clients. The products include beef and sausages. The best part of this company is that it supplies quality products and many love them. The company has also grown to over 17 countries and continues to expand. OSI group has been growing rapidly thanks to a team of managers who are passionate about the business and who are committed to offering the best services. Sheldon Lavin and David McDonald are passionate about the food business and their hope is to see their products sell all over the world.
They have highly competitive foods products which cannot be compared with other food products. Under the leadership of the two, the company is expected to score highly in the global map. More expansion is expected in different parts of the globe. The headquarters for the company are located in Illinois and Sheldon Lavin as the Chairperson of the group. The organization has been employing many because today it employs over twenty thousand employees. It recently bought Flagship Food which supplies a wide range of poultry products. It also provides sauce, mayonnaise, and pies among other products.
OSI Group has been ranked 58th by Forbes, and it is known as one of the largest private organizations in the United States of America. It has production facilities located in Europe and Asia. Because of its expansion, it has become a multi-billion dollar company and a leading one in the manufacturing sector. The company bought a food processing plant and a warehouse for storage that is located in Chicago. Tysons Food was operating the facility. The reason why they purchased the facility is to enable the company to continue growing. OSI Group operates as a privately owned organization, and it has many facilities for their production. Since it started, it has been serving its customers and satisfying them.
Virtual purchases from online games are becoming a trend that is growing in terms of acceptability and popularity. However, there are two factors that remain a problem in this field. There is so much room for people to carry out fraudulent activities. The fragmentation is also making it difficult for people to carry out their virtual trading activities.
However, WAX, Worldwide Asset eXchange has come in to solve that problem in the virtual market. It has created a platform where gamers can be able to make purchases without necessarily having to leave the gaming platform. This reduces any risk that would be encountered when carrying out the transaction.
Malcolm CaSelle who is the founder of WAX was probably able to have a good approach to these problems because he is a pro in virtual trading. Currently, he is being ranked as the best bitcoin trader worldwide. He is, therefore, able to deal with the blockchain technology and apply it to help in the crisis of the gaming platforms.
Apart from just being a bitcoin trader, Malcolm CaSelle has a lot of experience in the field of technology. It is the field that he studied in University, the Stanford University precisely. He took a degree and masters in the same field. He chose to become an entrepreneur in this field after completion of his studies. This is probably what triggered his love for new companies in the field of technology. He co-founded and invested in start-ups in this field. He is even an early investor in Facebook, which is a leading social media platform.
Most companies he has worked with refer to him as a genius in the field of technology. He uses his skills and expertise to ensure that there is growth wherever he settles and decides to invest in. his contributions are notable because he shares them with the world.
With his inventions in the virtual trading world, it is expected that in future he will be a great part in solving the problems and frictions that usually come up when forex is involved. A virtual market would be perfect for eliminating the same.
Online dating has become popular since the onset of the internet. Today, people have become so busy with their professional lives that they often find it difficult to find a partner. Thus, they take the help of online dating apps to help find a partner that they can interact and share their lives with. While this might be the reason for the development of new dating apps, they have become more of a way to get casual dates. Most of the dating apps out there do not have any filter that results in everyone being able to create a profile, and sometimes these encounters became quite dangerous as well.
The newest app in the online dating industry, Bumble has managed to set basic rules in place making them not just fun for its users but safe too. The main USP of Bumble is its feature that allows the women to send the first message to their match within 24 hours or they will lose that connection. Bumble, designed and created by Whitney Wolfe Herd has set rules that make it easier for its users to use the app without worrying about what they need to do next. When they know that they have a timer set for messaging the other person, people will respond accordingly. While many thought that these rules would not work and doubted the vision of Whitney Wolfe Herd, the result was entirely the opposite. It is the human behavior that they are always looking for rules and help ease their anxiety when they have a set time to do something.
Many times, online dating apps become quite dangerous. Since there is no one to monitor the messages, people lost their kindness and think that they can behave as they want since there is no one that they have to answer about their behavior. Whitney Wolfe Herd believes in providing security to its users to ensure that no one on their app is bullied and called names. All the messages through the apps are monitored, and any explicit messages are flagged. After a couple of warning, the person is completely banned from the app and cannot use it ever in the future. Whitney Wolfe Herd knew that there was a space in the online dating industry for a women-centric dating app, but the response that Bumble has got in the past three years have been enormous. Whitney Wolfe Herd expects its popularity to grow further and the projected profits for 2018 have been quite exceptional.
Glen Wakeman is regarded as a mentor to startup ecosystem with his own strategies and thoughts to make startups highly successful ventures. He has created new performance methodologies that are reflecting the needs of the startup world and known for founding a SaaS-based system for startups called LaunchPad Holdings LLC in 2015. Interestingly, Glen was highly concerned with the number of startup failures, though some of them were really unique and futuristic ideas. Deeply annoyed by this factor, he did a thorough analysis into various reasons behind the significantly higher failure percentage (ChronicleWeek).
Wakeman identified that most of those ideas did not have any structure to nurture it to make a successful venture. People who are working on startup ideas mostly fail to understand the difference between a plan and an idea. This is where he established LaunchPad Holdings to make the plan-building easier for the startup firms by helping them to design it through an easily-operable software platform. Wakeman is also known for giving heavy bets of technology and pays greater attention to the applications and choices of machine learning. He thinks that with a significant amount of data currently available, the technology can make the way business operate much smarter and easier.
It would make the business decisions in its efficiency, speed, and overall quality to generate better results. However, Glen Wakeman also made apprehensions about the technology and its access to privacy, but at the same time, he is optimistic about seeing positive changes in the philosophical and political environment with machine learning. Wakeman is also credited with developing a five-step performance plan that provided highly-worthy results until the date.
Glen Wakeman knows the business acumen around the globe as he is experienced in operating business in more than 30 regional areas. Interestingly, he also stayed in six different countries as a resident. This has given him significant industry exposure in different demographics. He is an MBA graduate in Finance and also earned his Bachelors in Economics. In the earlier days of his career, Glen Wakeman worked for GE Capital in various roles and established a firm called Nova Four.
Perry Mandera is an American entrepreneur and businessman who founded the Custom Companies, Inc. The company specializes in providing transportation and other forms of freight assistance making sure that every delivery or cargo would be able to reach its destination on time. The company was founded in 1986 after Perry Mandera have seen the need for additional logistics that would hasten the travel time of deliveries and cargoes. Because of his excellent leadership, the company grew tremendously, and today, the Custom Companies, Inc. is earning more than $200 million every year just from their logistic services. They never choose which client they would help, whether it is a small startup or one of the top 100 companies in the United States, the Custom Companies, Inc. would surely extend their arm to help who needs their assistance.
Perry Mandera had a strong passion for transportation, and when he joined the army when he was younger, he chose to drive a truck and learn the basics about how vehicles work. After his service, he decided to build his company but soon decided to sell it because managing a business no longer interests him. He decided to focus on what he loves instead and worked with several vehicles that he meets along the way. He had to train and expand his knowledge about vehicles, and after developing his skills to the highest level, he decided to establish Custom Companies, Inc. and join several organizations that are looking after the welfare of transportation enthusiasts and freight forwarders. He even received an award because of his exceptional leadership, and he vowed to continue doing what he thinks is the best for the company that he established.
Today, Perry Mandera is actively rallying behind bills that would be beneficial to truckers and everyone who is working in the freight transport industry. He supported a bill filed by the representatives of Illinois that would repeal any taxes on the industry that are seen as a burden (BlogWebpedia). Perry Mandera is hoping that through his efforts, the government would listen to what they wanted and provide a better life for those who are depending on the industry.