SoftBank Acquires Fortress Investment Group for $3.3 Billion

Last year, the acquisition of Fortress Investment Group was announced by SoftBank for $ 3.3 Billion. The deal was approved by Fortress shareholders in July 2017 and was disclosed in Dec 2017. The acquisition between Fortress and SoftBank brought many surprises to the people.


The Co-Founder and CEO of Fortress Investment Group, Randal Nardone and Wes Edens established the company in 1998 in New York which serves as a global investment manager for more than 1,750 private investors and clients. The group has been built around hedge funds, real estate, and private equity investments.

SoftBank started out as a PC software wholesaler by Masayoshi in 1981 in Tokyo which provides tech-solutions, e-commerce, and internet related services to more than 400 companies of the world.

Since Fortress and SoftBank equally have a great history about rebranding themselves over the years, the acquisition of Fortress Group clearly illustrates that SoftBank wants to be the largest investment companies in the world while Fortress Group believes that Softbank will become a major boon in future for the private equity firm.

Softbank actually owns all of the company’s outstanding shares now. However, Fortress Group will continue executing its daily operational activities like before as it is already managing nearly $40 billion in assets.

The acquisition has led the company to achieve its goals successfully as it was the first private equity firm in the U.S to be traded publicly; the company is no longer being traded publicly. The Co-Founder of Fortress Group- Wesley R. Edens is equally excited to share this opportunity with Masayoshi Son as he believes that SoftBank has been able to achieve extraordinary under his visionary leadership. Recently Masayoshi Son also promised to invest $50 billion in the U.S. during his visit to Trump Tower. The two companies are rooting for each other in the future.

Randal Nardone

Randal Nardone is the Co-Founder and Principal of Fortress Group in New York.

Randal Nardone represents the acquisition of the company as a big step towards the establishment of investment services and looks forward to joining hands with the CEO of SoftBank. Read more on


Lincolnshire Management Has You Covered

If you have been looking for the right private equity firm to help you out with investments, then Lincolnshire Management is just the right firm for you. Not only has it been around since the late 1980’s, it has had some very dedicated people at its helm throughout the years. Starting with the founders Steven Kumble and Frank Wright in 1986, the company has grown and prospered while getting many different equity contracts under its belt. If this isn’t enough to pique your interest, how about the fact that they were rated the 5th ranked private equity firm by CNN Money and Fortune Magazine in 2011. This goes to show not only do they know what they are doing, but that the firm itself has managed to stay afloat in a constantly changing market.

If you are unsure of what a private equity firm is, perhaps this can help a bit. In short, this type of firm provides many types of financial backing and investments for private equity. The people who utilize this will be companies that are just starting up, or even companies that are doing quite well but feel like they need a little private equity backing. Some of the strategies they will use are things like growth capital, venture capital and leveraged buyout.

As a small look into the different investments that Lincolnshire Management is involved in, the following has been extracted from their webpage. Custom Alloy, Alaska Clubs, Patterson Gear and Machine, Wabash and American Coach Lines are just a few. Whether or not you know these companies, you can be assured that Lincolnshire Management is the best at what they do.

Other things to note is that they have raised more than 1.7 billion dollars in the three decades they have been around. This means that through the 55 companies they invest in, they have managed to go above and beyond with what they do. After all, being listed in the top 10 in Private Equity News and their highest performing private equity firms is not something that comes easy, and goes to show the diligence of Lincolnshire Management.

See Lincolnshire Management’s profile on Crunchbase.

Zeco Auriemo: A Brazilian On Fifth Avenue

Real estate developer Zeco Auriemo, of JHSF, a leader in Brazilian real estate has a foot in the Big Apple. JHSF will rebuild a historic building in on of the world’s most luxurious address. The apartments are located in the area of 5th Avenue that borders the east side of Central Park in New York. An apartment on Fifth Avenue is coveted by many people in the world. Influential business leaders live on the Upper East Side where 5th Avenue is located. Fifth Avenue is home to prominent entrepreneurs, lawyers, and advertisers. Now the Brazilian’s have entered the scene, gaining attention: the businessmen José Auriemo Neto and Zeco Auriemo, owners of the Sao Paulo real estate developer JHSF, refer also to (

Zeco Auriemo originally studied to graduate as an engineer and joined JHSF in that capacity. Eventually, he became interested in running JHSF and was involved in company projects. At the time JHSF focused solely on shopping malls like Metro Tucuruvi and Metro Santa Cruz, but in early 2000 Zeco Auriemo decided to make a risky move by investing in Parque Cidade Jardim located in the Marginal Pinheiros Region. Parque Cidade Jardim is comprised of residential building’s, commercial buildings, a shopping mall, schools, etc. This risky move indicated a new direction for JHSF, and now the Brazilian real estate developer has set its sight on the Big Apple.

In the heart of Manhattan sits a four-story mansion that was built in 1871 and lost its original facade The Sao Paulo company will transform it into a luxurious 14 story building. JHSF is known in for bringing high luxury buildings to Brazil, and it is expected that it will do the same for the new apartment building. Zeco Auriemo obtained approval from the city to convert the mansion into a fourteen-story apartment building on 5th Avenue.

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Sandy Chin Outlines Some of the Worst Times in the Stock Market

2018 will be remembered as one of the years that the stock market prices went into its knees. This brought a lot of fear to people especially new investors. Some market analysts suspected that this occurrence happened as a result of the recent global events happening in different corners of the world. Investors in this industry started experiencing the occurrence as from mid-October.


Predicting the future of the stock market prices is not an easy thing. Most successful investors, as well as investment bankers, have ways of doing things that are actually more than their knowledge or know-how of their forebears. You know what? Stock market prices can drop drastically. According to analysts, the recent fluctuation was actually fueled by foreign as well as domestic deals.


The advancement in technology has actually changed the way the stock market runs. The old techniques have been replaced by the most recent and efficient electronic exchanges and trading. Technology-based stock exchanges have been going on without frustrations. The positive changes tend to make things simpler while making the elements of doing business harder.


One of the good things about the advancement in technology as well as its application in the stock markets has actually been program trading. This happens when computer algorithms are applied when determining when to sell and buy stocks. In the past, trained as well as seasoned stock managers used to apply their expertise and research to know when to sell and buy stock shares. The increase in artificial intelligence has actually replaced this. Program trading helps in observing the previous market trends without the human error.


The past crushes and what repaired them


The United States of America experienced the most influential as well as catastrophic crashes in the year 1929. The country had experienced huge economic growth in the previous years and the stock market crash that happened in 1929 destroyed lives. Although the stock market has been experiencing significant growth since then, crashes have also been common. However, the market has always had ways of digging their ways out of such situations. In the second day of October 1987, the stock market almost experienced an incident similar to that of 1929. In that day, the crash occurred because of a slowed down economic growth in America.


The conditions became worse after the London’s Great Storm that happened in the year 1987 as well as the sinking of two supertankers of United States by Iran. These historical events initiated fears about the economy hence the crash. However, the stock market got to where it had been before 1987 after the trading rules were changed or reformed.


Fortress Investment Group: The Leading Global Investment Manager

Founded in 1998 as a private equity firm, Fortress Investment Group is the leading global investment manager with an extensive and highly diversified portfolio. This firm manages alternative assets in private equity, credit funds, and liquid hedge funds.

Since it was launched, Fortress Investment Group has dominated the scene when it comes to investment management. In fact, as of September 30th, 2018, this company officially manages assets worth $41.4 billion. In addition to this, Fortress has over 1,750 clients from all over the world under its wing. This company conducts its operations through 915 asset management employees of which, 205 are certified investment professionals.

Fortress Investment Group is currently working with Softbank to raise funds for their latest joint project- to raise enough money for two real estate firms. Softbank bought Fortress Investment Group for $3.3 billion in 2017. In the wake of this transaction, Softbank announced it fully owned Fortress subsidiaries and any of the company’s shares. However, Fortress will still continue to operate as an independent company under Softbank. Their headquarters will remain in New York.

However, Softbank is not the only company that Fortress has partnered with over the years. For example, the company partnered with Bruce Eichner to provide debt for his flatiron condo on 45 East 22nd Street in New York. Likewise, Fortress also launched a collaborative project with L&L Holding Company on TSX Broadway and Maefield Development.

In 2009, FIG launched the Fortress Japan Opportunity Fund which was their first Yen dominated fund. Within the same year, Fortress also acquired the D.B Zwirn & Co. accounts and became the official manager of these accounts.

Fortress Investment Group is still in the process of expanding and opening several corporate branches. Their latest office branches were opened in 2011 in San Francisco, Singapore, and Shanghai. In the same year, Fortress launched a project labeled Fortress Asia Macro Fund, Fortress Real Estate Opportunities Fund, and the Worldwide Transportation & Infrastructure Fund and Fortress Credit Opportunity Fund.

In 2017, FIG launched their first asset-based income fund.

The History of Carlos Alberto de Oliveira Andrade’s Company

The company known as CAOA is among the largest distributors and manufacturers of automobiles in Latin America. This company was founded in 1979 by a former physician and now entrepreneur Carols Alberto de Oliveira Andrade. He is currently the Chair of the Board of Directors. Over the last four decades, CAOA gradually established itself as a top company in the automobile industry due to its entrepreneurial spirit. The company has been based in northeastern Brazil since its inception during the late 1970’s.

In 1979, a Ford dealership of Campina Grande located in the Brazilian state of Paraiba went bankrupt after selling a Ford Landau. The vehicle was never delivered and Carlos offered to receive the dealership as a form of compensation of not receiving the vehicle. This would count as pre payment for the Landau according to sources. Once this deal was made, CAOA was established. The company stands for the founder’s initials; Carlos Alberto de Oliveira Andrade. Carlos began managing the dealership and quickly made it into the largest Ford dealership in Brazil.

Thirteen years later in 1992, Brazil began allowing imported vehicles to enter its vehicle market. CAOA capitalized on this opportunity be becoming the main importer of the French franchise Renault and made it into the top selling imported car. It also became the fifth best selling automobile in the auto industry as well. However, CAOA decided to end its partnership with the French auto manufacturer.

By 1998, Carlos’ company became the sole importer of the Japanese autos made by Subaru. The brand was represented by another company but CAOA took over. Once CAOA took over Subaru distribution, the sales of the vehicles tripled in less than one year.

A year later in 1999, CAOA began importing and selling Hyundai vehicles. Within a short period of time, CAOA became the largest and top selling distributor of vehicles from this manufacturer. In 2007, the company would become the first automaker in Brazil as it began producing Hyundai vehicles. Carlos spent $600 million to get the manufacturing plant and begin making the vehicles. This allowed him to earn Entrepreneur of the Year in Industry Award. Today, CAOA continues to provide high quality vehicles for Hyundai, Subaru and Ford.

Find out more about CAOA:

Jacob Gottlieb: One Medical Venture at a Time

Our health is one of our critical assets in the entirety of our lifetime – without good health, we don’t live a long, full life. The main threats to our health is mainly sickness and diseases. Diseases have been the number one cause of human casualty for millenia. Plagues have wreaked havoc, epidemic have caused world wide panic, and all have taken their own shares of human life.

The key to the survival of human kind through all these years are human kind as well. As fast as these sicknesses pop out, our experts in the medical field get right on it on finding the cure to these sicknesses. Through research and technology, we have erased plagues and have cured lethal diseases. But there are still sicknesses that are fatal to humans that we have not yet found a solution to.

Jacob Gottlieb, a giant in the financial management world and a well-known philanthropist, is well aware of the fact that diseases evolve and so shall our technology and research to keep up with it. And those weapons against diseases need funding to roll on and on. Which is why Jacob Gottlieb’s newest financial venture, Altium Capital, is focused completely on this aspect.

Altium Capital, though based in. New York, has worldwide plans for the medical health care industry. Jacob Gottlieb’s vision for Altium Capital is to help propel the entire medical community forward with their medical advances in ultimate service to the whole human race Altium Capital was made for the sole purpose of getting investments for medical experts, research and practitioners to keep their work alive and running.

Some of the recent ventures of Altium Capital is Oramed Pharmaceuticals and Amarin Corporation – both of which are research and technology companies that are focused towards specific and specialized medicine – which are now running under Jacob Gottlieb’s help.

Find out more about Jacob Gottlieb:–cnbc/

Todd Levine Offers Unique Legal Skillset

Having access to quality legal representation is very important. Those that are able to get a good attorney on their side will have the support they need to ensure they are making good decisions and have their rights properly represented. One attorney that has continued to provide great support to his clients for a long time is Todd Levine.


Today, Todd Levine is one of the leading attorneys working for Kruger Kaplan. Todd Levine is a very experienced litigator that is able to provide a range of services to his clients. He has handled a wide range of different business disputes, which has included focusing on commercial real estate litigation. In this role, Todd Levine will represent a variety of different client types including lenders, investors, REITs, brokers, and buyers and sellers.


When representing any client, Todd Levine will continue to put his best foot forward. He is dedicated to ensuring that his clients get the best representation possible and that he is able to provide great service. When meeting with a new client, Todd Levine will work hard to understand what the legal needs are and to ensure he understands the long-term goals of his clients. This allows him to focus on what is best for the client and work towards the objective.


While Levine is best known for his work as an attorney, he also has some unique interests outside of the office. Beyond being a skilled litigator, Todd Levine is also a good musician and artist. This gives him a unique set of skills that allows him to have a different legal perspective on a variety of different matters. His unique perspective has allowed him to come up with some creative solutions to very complicated matters related to commercial real estate transactions, which has benefits his clients.

Upwork Gives back to its Users

In the modern job market, work at home jobs are becoming increasingly popular. Freelance in particular is gaining traction as it provides people more freedom on work hours. Upwork is one of the most popular websites for freelancers to check daily. The company has been around for over 20 years under various names. It used to be Elance, and O-Desk, before company mergers settled where it is today. In a recent blog, they wanted to help freelancers new and old with to-do list advice.

A to-do list is a vital component to nearly every Freelancer’s work at home schedule. The individual should start by listing everything they can think of that needs to be completed. This way the list acts as a reference, while also providing an overview of everything to do. Breaking down tasks into smaller parts, or grouping similar tasks are common ways to use time more efficiently without getting over worked. Knowing one’s energy levels is critical to making sure a single tasks doesn’t tire you out.

There a few other simple tips to make your life better. Start by determining which tasks take priority over the others. Deadlines are very real for Freelances because there is no supervisor over your shoulder to remind you. An expert knows when and where they expend their effort first. Another simple tip is preparing the list in advance. Starting the day on the right note can a long ways in staying positive and on tasks to the end of the day.

Upwork is one of the best Freelancing platforms on the internet. Users with no experience still have a chance to compete against the long time users. A to-do list is a important to ensuring a day’s work is completed to the fullest. Freelance is fun, but requires substantial self-discipline.

Dick Devos: Philanthropist

There are a lot of people who know Dick DeVos as a business man, but they probably didn’t think he was going to work with the Federal Aviation Administration or be on their aviation council. In fact, DeVos was appointed to the council last year in September 2017. As a business leader, he has been working with the agency on future growth plans, as well as policies, regulations, and budgets.


Part of DeVos’ experience comes from working with the airport as well as pilots in the field. After all, he built his own pilot training school. However, it’s been an interesting journey for DeVos who has been working with airlines and airports for the past 20 years, but he is a developer more than a CEO. He worked with the business traveler strategy to bring in more destinations and ticket sales to the Gerald R. International Airport in Grand Rapids, for example.


Now he will be working with the FAA on new budgets, policies, regulations, and future growth. The council is a part of a bigger effort to make a difference in the American aviation industry. Many business travelers have found a lack of technology and security when it comes to flying in America, as opposed to other areas of the world. President Trump even challenged the FAA to fix the issue during his presidential election.


With Devos in Washington, all eyes are on the DeVos family, as Betsy DeVos continues to campaign across the country for educational choice. DeVos has had political aspirations in the past as well, however he was unsuccessful in his gubernatorial run for Michigan in 2006.


Still, Devos’ appointment was praised by executives from Southwest airlines and Gerald R. Ford International Airport. It’s clear that he has a ton of experience in airport strategies and helping airlines renovate, which is one of the main goals for the FAA as well. They just approved a $40 million makeover for the GSO Tower.


Follow Dick DeVos on Facebook.