Category: Global Business

How Does Softbank Acquisition of Fortress Investment Group Affect Its Operations

Just recently a Japanese technology company, the Softbank Group completed its acquisition of Fortress Investment Group, an American alternative investment firm. Fortress was acquired in an all-cash deal of $3.3 Billion. A significant part of this settlement was used to buy off the investor’s shares, an action that saw them de-list from the New York Stock exchange.

With the uptake of the global investment firm by the Japanese bank, attention now turns to the operational and managerial state of the company going forward. For instance, has Softbank proposed any changes in the leadership of the investment firm? Are they looking forward to continuing Fortress operations or do they have a new plan for the firm? Here are some answers to some of these questions.

Fortress leadership going forward

In a press release issued shortly after the confirmation of the acquisition, Softbank Group expressed its desire to maintain Fortress Investment Group’s management team. The presser went ahead to commend the founders Randy Nardone and Wes Edens as well as its current chairman Peter Briger for what they have managed to achieve in the two decades that the firm has been operational.

 

The effect of the acquisition on company operations

Softbank’s acquisition of Fortress Investment Group came at a time when the company was speedily expanding its investment portfolio. For instance, earlier in the year, Fortress’ subsidiary, New Residential investment bought the entire mortgage servicing rights from PPH and CitiMortgage. It also acquired $117 Billion worth of mortgage servicing rights from Ocwen financial, effectively making it a 4.9% owner of the alternative investment company. These real estate acquisitions add up to the investment firm’s 70% ownership of the Nationstar Mortgage, and learn more about Fortress Investment Group.

According to the press release, the Japanese financier further expressed their intention of carrying on and even furthering Fortress operations. This may in effect be seen as the primary reason the new owners intend to maintain the founders and the current leadership within the firm as they are best suited in realizing the company’s objectives.

Ideally, Fortress is a highly diversified global capital management firm with several subsidiaries managing specific investment fronts. These include interests in real estate, credit lines, and private equity funds as well as permanent capital investments. It is also important to note that by the end of the fourth quarter of the 2017 financial year, Fortress investment group was managing over $36.1 Billion in assets on behalf of over 1,750 private investors and institutional clients, and http://www.vault.com/company-profiles/investment-management/fortress-investments/company-overview.

Asked about the future of the company, Fortress co-chairman said that one should not expect significant changes within the company, safe for the fact that they will no longer hold earning calls. His arguments, echo Softbank’s presser that dispels fears of any restructuring or change of guard within the firm, at least in the short run.

 

Bottom line

The acquisition of Fortress investment group by the Japanese Softbank will have little to no impact on its operations. Gauging by the recent communications by the new owners as well as its founders, it is also apparent that Softbank isn’t keen on instituting any significant changes to the company management or clientele, and read full article.

OSI Group President David McDonald’s Exceptional Leadership

David McDonald, who has accomplished a great deal over the past few years as the OSI Group’s President, spent his childhood years on an Iowa farm. It was here that the world of agriculture first sparked his interest. As he grew older, David developed an interest in improving the operations of the agricultural field. He went off to Iowa State University in 1987, where he studied for his bachelor’s degree, which was in animal science.

Then, in 1991, David McDonald linked up with a company based in Chicago, Illinois, name OSI industries. After years of hard work and loyalty to the organization, Mr. McDonald rose up within the company, and he he now OSI Group’s President and Chief Operations Officer. His achievements in this role are what led to him becoming a recipient of the Wallace E. Barron Outstanding Senior Award.

When it comes to value-added protein products, like sausage links and beef patties, OSI Group is the leading supplier across the world. Currently, the company has built facilities in more than 17 countries, and eight of their operational factories are located in China. Within China, Mr. McDonald wants to turn OSI Group into the nation’s leading supplier of poultry products. A large step towards this goal was OSI Group’s joint venture in 2012 with a company called DOYOO Group, as well as the launch of their Henan processing plant.

OSI Group, however, is looking to extend its share of market in places other than China too. In Europe, for example, the organization’s acquisition of Baho Food was one of its largest achievements in the year 2016. CEO David McDonald called this move a “significant investment.” He also said that he believes OSI Groups acquisition of Baho Food will help the company to increase the demand for their products. By coordinating OSI Group’s local teams perfectly with its global logistic operations, David McDonald has been able to lead OSI Group towards a strong position by adapting to current global trends, and read full article.

More Visit: https://gazetteday.com/2017/09/expansion-for-osi-group-continues-internationally/

Equities First Holdings, LLC – A Truly Global Private Equity Firm

Equities First Holdings, LLC provides lending services to businesses and individuals looking for non-purpose loans at competitive terms. A global leader offering shareholder financing solutions and alternate corporate financing services, their lending options are collateralized by stocks and securities which are traded publicly. The company offers securities based lending through a transparent and secure process. Equities First was founded in 2002 and has its headquarters in Indianapolis, Indiana. They operate in four continents through offices in Sydney, Perth, Hong Kong, Singapore, London, and Bangkok and provide customers with tailored financial solutions. The company provides financing solutions by evaluating the risk involved and the future performance of the bonds, stocks, and treasuries. Equities First supplies liquidity at lucrative terms, and their approach has led to more than 700 transactions till date and their unique method provides most customers with better financing terms and lower capital cost than other conventional financing options and what Equities First knows.

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Categories: CEO Global Business

Equities First Taking London-Based Meridian Equity Partners Ltd

The world ace in shareholder financing services, Equities First, provides its services in various nations with workplaces as of now in Perth, Singapore, Sydney, Bangkok, London, Hong Kong, Indianapolis and South Africa. Furthermore, one of its significant strides in broadening its services was getting of Meridian Equity Partners Ltd in UK (FCA no. 605564) in 2014 with the company operations proceeding with the name Equities First (London) Limited.

“The procurement of today is historic for our association as it conveys our image and services to another, global level. With seven work facilities to serve clients in Europe, Asia, United States, furthermore, Australia, we can offer liquidity at charming levels against publicly marketed shares individual financial masters, associations, and public associations’ officials around the world,” said Al Christy, Jr., the organizer and leader of EFH.

EFH, developed in 2002, has experienced yearly advancement of over 30% in its loan transactions over the last years, and the organization has kept on setting the pace. The organization’s total overall workforce has extended by over half since 2012. Exchanges in Equities First are non-recourse as borrowers can hold the given funds while the company retains their shares.

“This has been a period of development and preparation for Equities First,” included Christy. “We have extended our services to offer splendid liquidity openings, joined with best in class client benefits. We continue putting resources within the operations while the company experiences advancing and faster augmentation. We have a feeling that the teams in London, Australia and Asia are part of the best people in the business, and adhere to our association norms of giving the best support of our clients.”  Today, Equities First is taking its services to another level getting its services to reach many customers and Equities of Website.