You only have to go back a few years to find a time where the word cryptocurrency would probably get you a blank stare from most people. Today the scene has changed dramatically and cryptocurrency is becoming a word that people hear floated around on a pretty much daily basis. Though cryptocurrency continues to be a topic that is confusing to many people, it has certainly been getting a lot of attention from institutions such as governments and banking outfits. It is also true that more and more companies are becoming aware of the vital importance of the emerging cryptocurrency industry. While some institutions might be resistant to the rise of cryptocurrency, forward-thinking financial institutions like Southridge Capital have embraced the emergence of this exciting new financial system.
Southridge Capital is the creation of an entrepreneur named Stephen Hicks. He started the company in 1996 after a period of time spent working in New York’s hedge fund industry. Stephen continues to lead Southridge Capital today as its CEO as well as serving in the role of principal. He has used the extensive experience that he accumulated over his financial industry career prior to the Southridge founding in order to ensure that the company has been able to grow and succeed over the now twenty-plus years it has been in operation.
A typical day in the busy life of Stephen Hicks always includes an extensive review of the firm’s portfolio as it stands on that particular day. With this in mind, he is able to plan for how the rest of the day needs to play out. Stephen still takes a lot of pride in making sure that new business opportunities are always being considered. He is also very diligent about keeping all existing Southridge Capital investments on the path that they need to be on. This kind of dedication is a factor in the success of Southridge that cannot be emphasized enough. You can visit their facebook page and twitter account for more info.
Gareth Henry boasts an impressive resume. After receiving his Bachelor of Science degree focused on actuarial studies from Heriot Park University in London in 2000, Henry went to work for Watson Wyatt in management research. A few years later he worked for UK based Schroders, a money management firm, as a product manager and also for SEI Investments in Philadelphia and London. Then in 2007 Henry joined US based Fortress Investment Group’s marketing team.
Gareth Henry made great strides at Fortress becoming Global Head of Investor Relations, Fortress Liquid Markets in January 2014 after 6.5 years as Head of their International Investor Relations department.
In 2010 Gareth Henry was recognized as a “Rising Star” during Institutional Investor magazine’s 9th Annual Hedge Fund Industry Awards where Fortress achieved the Credit-Focused Hedge Fund Firm of the Year. “Rising Stars” are individuals considered to have demonstrable accomplishments that significantly impact the industry in a way that labels them future leaders. Gareth Henry made notable positive efforts raising capital in international markets. He also was especially instrumental in fostering client relations in the African, European, and Middle Eastern regions. His contributions in these areas were considered worthy of the prestigious Rising Star award.
In January, 2016 Henry joined New York based Angelo, Gordon & Co. as Director and Global Head of Investor Relations. Business Wire reported that Angelo, Gordon cited Henry’s vast global experience and ability to strengthen international relationships a powerful enhancement to their established world-class team. Gareth Henry was also slated for partner status in the firm.
Lawrence Schloss, President of Angelo, Gordon strongly expressed confidence in Henry’s experience with global clients and his ability to continue the firm’s goal of achieving maximum investor satisfaction.
In mid-2017 Henry expanded the firm’s real estate sector by creating a position that would oversee client service. Henry stated that he is committed to providing global investors the best service possible, emphasizing that professional investment management is made more effective with the support of top notch client service. Another new hire will focus on real estate marketing as well as client service efforts.
Wes Edens has had a career in the business world that has taken him to the heights in his particular field. Mr. Edens began his career in the world of finance after completing a bachelors degree in finance at Oregon State University. Upon graduation, Wes Edens worked at Lehman Brothers beginning in 1987. He became a partner and the firm’s managing director. In 1993, Mr. Edens moved on to BlackRock Asset Investors working in the private equity unit. He remained with that firm until 1997. In 1998, Wes Edens founded a new firm called Fortress Investments along with Randall Nardone and Robert Kaufmann. Robert Kaufmann has since left the firm and been replaced as a principal by Peter Briger.Fortress Investments is an alternative asset management company.
Wes Edens is the co-CEO of the company, and he works in the private equity side of the business.In this side of the business, Mr. Edens and his team look for assets in key industries that are undervalued. By investing in these businesses, they are able to generate value for those who invest in the firm’s funds. Currently, the private equity line at Fortress invests in the financial services, transportation, energy and healthcare services industries.Fortress Investments has seen phenomenal growth under the leadership of Wes Edens and his co-founders. Currently, the firm manages almost $41 billion in assets. In 2017, Fortress Investments was purchased by SoftBank of Japan.
The two companies are operated separately, and Mr. Edens retains his leadership role in the company that he helped to found. In the latest edition of Forbes list of billionaires, Wes Edens ranked 962 with an estimated net worth of $1.2 billion. This figure includes wealth from Fortress and from his sports team.In addition to his endeavors in the financial world, Wes Edens is the co-owner of the Milwaukee Bucks who play in the NBA. Mr. Edens and his partner purchased the Bucks from the former owner Senator Herb Kohl for over $500 million. Mr. Edens has pledged to keep the team in Milwaukee, and a new arena is being constructed for the team.
Southridge Capital is a financial firm that excels in finding innovative financial solutions for its clients in a diverse number of fields. The firm is led by a stellar executive team that has years of experience in the financial industry and truly understands the detailed nuances of the field. Financial services offered by the firm include analysis of financials that allow Southridge Capital to design detailed statements for the client. Southridge Capital also provides services in the area of mergers and acquisitions. The company has a sterling reputation regarding its ability to match prospective merger candidates with existing Southridge portfolio clients. Southridge Capital is also a leader is providing clients with analysis for restructuring as well as bankruptcy. Southridge Capital is also known for providing services in structured finance that include solutions for financing, enhancement of credit and securitization.
Beyond the outstanding services that Southridge has become known for, the firm is also active in the area of philanthropy and places a heavy emphasis on community leadership and voluntary work within the community. The firm has partnered with the charitable organization the Daystar Foundation to provide critical support to numerous organizations including scholarship funds and health-related charities. It is all a part of the commitment to community involvement and philanthropic giving that Southridge Capital has been known for over the decades. For more details visit Bloomberg.
Southridge Capital is known for its highly knowledgeable and experienced team of executives at the top of the firm. The company was founded by Stephen Hicks and he continues to serve Southridge as Chief Executive Officer and Principal. He is supported by Chief Operating Officer Henry Sargent.
Southridge Capital prides itself on its excellence of service in three major areas. Securitization, credit-enhancing and solutions for financing are the foundation which Southridge is built on. The company has built up an outstanding reputation over the years for being able to provide its clients with the capital that they need, being able to assist clients in improving their credit and finding solutions to the numerous different financing needs that clients present with. You can visit their Twitter.
Sports has become so complicated and expensive that it only makes sense to have multiple owners, just as the Milwaukee Bucks do. Each owner can perform a different function. What function will new co-owner Aaron Rodgers play for the Wes Edens Milwaukee Bucks ownership group?
Wes Edens Financial Fortress
Every organization needs a “money man.” He provides the necessary capital to make dreams come true. He can increase the payroll and upgrade facilities. Another important figure is the “celebrity face.” This man communicates well and is charismatic in front of the cameras.The NBA has a great draft system, allowing the worst teams to get the best talent. They can quickly change their fortunes in a very short amount of time. But, how can the Milwaukee Bucks become a destination franchise for the best free agents?
Aaron Rodgers Celebrity
With Peyton Manning retiring, Aaron Rodgers and Tom Brady might be the top NFL celebrity endorsements. Aaron Rodgers has one home in Green Bay, which is only about a 2 hour drive away from Milwaukee. Aaron Rodgers has been a big Milwaukee Bucks fan and decided to become a minority owner in his favorite team.Rodgers might have had his life flash before him when he had his collar bone broken during the 2017 – 2018 season. While recuperating in the hospital, he might have had plenty of time to contemplate his long-term plans. No one can play professional football forever.Wes Edens provided the investment opportunity of a lifetime. The Bucks team played valiantly in the NBA Playoffs. Now, Aaron Rodgers can provide the capital to keep the momentum going. Plus, he can add his celebrity charisma to the brand.
Living NBA 24/7/365
After centuries of history, what is left of Ancient Rome? The Roman Colosseum still stands. That has set the tone for modern NBA land developments, which have become full blocks of arenas, health clubs, restaurants and condominiums.Wes Edens and his fellow owners have invested half a billion dollars into a new Milwaukee Bucks arena city block. Not only can you wear your Bucks jersey, but now you can live the Bucks lifestyle 24/7/365. The Bucks are creating fanatics who live and breathe their team every second of every day.Milwaukee Bucks co-owner Wes Edens knows finance. Milwaukee Bucks co-owner Aaron Rodgers knows celebrity fame. Now, they are working together to increase their riches.
Making profits from your investments in the current financial markets is what many would say tricky. Reaching the financial markets and investing accordingly is a lot more complicated than it may seem, and only the experienced investment managers can make near accurate speculations about where the market is heading. Such speculation is created due to years of experience and critically analyzing the market momentum and pace from time to time. There are various parameters on which the market predictions are made, and the investment managers are privy to it. It is why; individuals, as well as corporations, trust the investment managers with their investment and assets. One of the investment management firms that have gained quite a lot of success in a relatively short span of time is Fortress Investment Group.
The company has its head office in New York but has a global presence with satellite offices in major economic hubs in the different parts of the world.The Principal and the Co-Chairman of Fortress Investment Group is Peter Briger. He was a student of Princeton University and also has an MBA degree from the University of Pennsylvania. Right after college, he was offered a job at Goldman Sachs. It was during his time at the company that he developed skills in the financial area. After working for the company for close to 15 years, he was offered a great position at Fortress Investment Group, and he couldn’t say no. He joined the company after four years of its inception in 2002. Over the years, he has helped the company grew considerably, and so did his income.
In 2008, he was on the Forbes World’s Billionaire List standing at number 962. But, it is not just the money that he is interested in. He is part of a lot of philanthropy work but does not always talk about them.Peter Briger has always helped support young entrepreneur as he feels that they are filled with new ideas. But, they often face issues in securing funds to start their ventures. It is the reason why Peter Briger is one of the top contributors of the Princeton Alumni Entrepreneurs Fund. The fund was created to help young entrepreneurs who have just completed their studies with the necessary money and resources such as mentorship and other learning opportunities that are essential to start their venture. The college has already funded about 25 start-ups since 2015.
Nexbank is one of the biggest banking institutions in the US. It is privately owned and traces its way back to 1922, and its founders include James Dondero, the President of Highland Capital Management. Currently, John Holt is the President and the CEO. Its executive vice President is Matt Siekielski. NexBank central office is located in Dallas, Texas in the US. Nexbank has a total number of employees ranging from 51-200.
NexBank carries out its operations under three sectors: commercial banking, mortgage banking and institutional banking. NexBank target market involves financial institutions and corporations. Over the years, NexBank has continued showing great results and gaining a lot of trust from its customers. Under the leadership of James Dondero, NexBank boasts of quality and visionary directors who are committed towards the success of the company.
After evaluation on the first half of 2016, NexBank had received a 37.6% increase on the net income which translated to 38.1 million dollars. Its total assets were valued at 3.5 Billion dollars. NexBank assets were worth 4.6 billion dollars as of 31st December 2016. It was ranked 5th best in the community banks in the US and overall score, NexBank was ranked 10th.
The key behind NexBank continued superiority is liquidity and asset quality. On 15th August 2016, NexBank announced the successful completion of 24 million dollars equity capital raise. It was due to its continuous growth over the years that it received improved ratings from Kroll Bond Rating Agency. It’s rating on unsecured loans improved from BBB- to BBB.
NexBank also plays a big part in improving the lives of those who are not well off. On 7th September 2016, Nexbank Partnered with Dallas Neighborhood Homes to offer low-income residents in Southern Dallas with affordable housing loan program. This was to make sure that all those who were unable to acquire homes due to the high cost incurred would now use this channel to get one.
NexBank is growing very fast, and it is one company to watch in the coming years and is destined to being the best banking institution in the US. It’s just a matter of time before this becomes a reality.