“Marc Beer closes a $42.3 million deal for Renovia Inc. “

Marc Beer is the co-founder and CEO of Renovia Inc. and the former CEO of Aegerion Pharmaceuticals. Under his leadership at Renovia, he has done a great deal of work in helping this company to attain unprecedented growth in just two years. In 2018, the company closed the second funding series making it one of the most promising med-tech startups in the United States.

 

Series B Funding

 

Renovia Inc. has received $42.3 million in Series B Funding round. The deal was closed in 2018 and facilitated by CEO Marc Beer. The funds will go towards creating new products to treat and diagnose pelvic floor disorders. The funds were received through Series B equity which brought $32.3 million and a venture debt which brought $10 million.

 

Renovia, a Boston-based med-tech startup, is creating products that will eliminate pelvic floor disorders such as urinary incontinence. It is estimated that over $250 million women worldwide are affected by pelvic floor disorders. In April 2018, the first product from Renovia was approved by the FDA. It is known as the Leva digital health system. It is a product that will help women top engage in the exercises in the right way.

 

Promising future

 

Renovia Inc. has a promising future and has attracted the attention of notable investors. The Longwood, a renowned healthcare investor in the United States, is one of the companies that came through during the Series B funding. Marc Beer is happy with the progress that has been seen in the first two years of operations. The fact that many investors are willing to support them is an indication of great days ahead.

 

Technology

 

Renovia Inc. is utilizing the possibilities of technology to create a product that provides women with the necessary data needed to treat and diagnose pelvic disorders. Women will now have access to more data that will guide them when engaging in floor strengthening exercises. The ultimate goal of this firm is to create low-cost technology that is affordable by all women.

 

Marc Beer

 

Marc Beer is the force to reckon with in this company. He is the person behind much of the success that Renovia has recorded in the past two years. His track record in various sector of the healthcare industry is remarkable. With the various organizations that he has worked with, he has left a great legacy. While working with ViaCell, he made the company to record its best performance ever. It employed 300 workers and became a public com[any. Marc Beer holds a degree from the University of Miami.

 

Under his leadership, Renovia is expected to make a mark as the fastest growing med-tech startup in the United States. His experience, skills, and determination make him one of the best-performing executives. Learn more: https://www.bizjournals.com/boston/news/2018/08/21/ex-aegerion-chief-beer-raises-42m-for-womens.html

“Identifying and Averting Burnouts – James River Capital Corp. “

It is a well known fact that the work environment can really be stressful – and this is amplified if the work environment is too rigid, doesn’t foster positivity and has an overall toxicity to it. An unhealthy work environment not only decreases work productivity, but it can also increase employee turnover, decrease the worklife-span and easily spark burnouts within the employees – and this is the worst case scenario for any employer or team leader, a scenario any one should avoid.

 

Burnouts are experienced by employees who are overly worked, unhealthily stressed and extremely unmotivated at work. It is important to note that burnout aren’t the employees fault, but of the system they are working in. The effects of burnouts should not be blamed on the employee, because this will cause the employee to burn out even faster. This is why it is very important for team leaders to spot and identify burnouts immediately so that they can avoid it. James River Capital provided an easy guide on how to identify and how to avert burnouts in the work environment.

 

  1. Loss Of Control – employees experiencing burnouts will tend to lose a sense of control over the simplest things like keeping track of time, following schedules and loss of management in general. This will instill a mindset and feeling of helplessness and hopelessness – which are key factors of driving a burnout. This is why having a work structure and backbone is important – they serve as a foundation to lean on when employees are lost. However, these work structures should not be too rigid and must have a breathing space and a comfortable structure for the employees. It is highly recommended that employers give their team a good 15 minute required break twice a day separate from their lunch break to keep their minds relaxed. Employers should also provide mini goals for their teams that are easily achievable to give them a sense of control over their tasks.
  2. Transparency and Rewards – it is important that employers give credit where credit is due. When employees fee like they are undervaluated, or they are not recognized for the work they are doing, or when they see another employee being commended for work that they themselves are doing as well – a burnout will be experienced by this employee. With this, employers and team leaders should always keep track of the activity and accomplishments of their members – and openly communicate on what they can improve on to better their products and to give praise where praise is needed. Never underestimate the effect of positive reinforcement.

 

James River Capital Corporation (also known as James River) was founded in 1986 aa former KP Futures Management Corp. operating under Kidder, Peabody and Co. James River separated itself from the company and became an independent investment firm in 1995. The two main senior officers of the company, Paul Saunders and Kevin Brandt, acquired the business from Kidder. James River is registered as an Investment Advisor with the SEC, and as a Commodity Trading Advisor and Commodity Pool Operator. Learn more: https://www.bloomberg.com/profiles/companies/1266783D:US-james-river-capital-corp

 

“Paul Saunders on Helping Employees Deal with Burnout “

During his career, around the world, Paul Saunders has helped leaders and their teams to not only identify but also understand and leverage the potential that lies inside cultural differences to spearhead change, innovation, growth, and exemplary performance. Having lived and worked in six different countries, Saunders has vast experience in cross-cultural consulting, training, coaching, and also as a facilitator.

 

Paul Saunders has a strong belief in the benefits of taking experiential approaches to the challenges associated with a cross-cultural work environment. His strategies are dynamic, hands-on and contain learning activities aimed at promoting real and positive difference. An active member of the Society for Intercultural Education, Training and Research (SIETAR), Paul Saunders has a first degree in French and German and is also an MBA holder.

 

Paul Saunders is the founder and principal of James River Capital Corporation – a firm that offers investment advisory services. James River Capital provides commodity trading expertise, investment management, and advisory services among many others. With the experience of over 25 years working with a wide array of global organizations, Paul Saunders has a lot of useful advice to offer. In an article published in the Patch, he gives tips on helping employees deal with burnout to avoid the associated disadvantages.

 

  1. Employers should get rid of rigid structures, and policies as constrictions of this nature are not only limiting but can also make them feel trapped. A good way of handling this is always to encourage your employees to spend about 15 minutes every day outlining their goals and what they would love to accomplish.

 

  1. Supervisors and managers should learn to communicate openly and honestly with employees and give reasonable explanations for the decisions they make on particularly sensitive issues such as promotions. A burnout could occur if an employee begins to have negative feelings about something related to his or her work.

 

iii. Stress – even non-work related – can cause burnouts. Supervisors and managers should consider this aspect and offer the needed support. The managers should also insist to their employees to take up new hobbies and by all means, strive to achieve a work-life balance.

 

  1. Be on the lookout for workers who have lost confidence in the way they handle their work. The chances are that they are struggling with burnout. Unfortunately, this is bound to affect the quality of his or her job. They disengage fully and do not give the task at hand their best. To counter such situations, employers are encouraged to always check in with their employees and if possible, assist them to set a few reasonable personal goals to facilitate restoration of their confidence. Another workable solution is to set small, yet achievable performance goals for them to help revive their enthusiasm.

 

Paul Saunders argues that burnout is a common occurrence in modern times especially with the advent of mobile phones. Employers, supervisors, and managers must do everything possible to set their employees on the right path for long term success. In any case, once they succeed, the business also prospers. Learn more: https://www.linkedin.com/company/james-river-capital-corp

 

Simple Tips to Improve Leadership in the Business World

Extensive research has been conducted on behalf of the corporate world in an attempt to determine the most effective leadership methods. This research has uncovered three basic principles that could probably benefit every company with multiple employees. Learn more: http://jrccblog.net/

 

Supporting Over Leading

The managers at Facebook found that supporting their teams is more important than leading them. This seemingly minor change can drastically affect the way managers interact with their workers. It can also have an impact on the way workers see and conduct themselves.

 

Encouraging and Welcoming

According to some studies, approximately eight in 10 employees withhold important information from their employers. The workers may feel that they will create trouble for themselves if they try to challenge those above them. However, this lack of communication can thwart the type of collaboration and engagement that is necessary for a business to operate successfully. Such repression can also stifle innovation. The principle of “psychological safety” has been used by Google, ensuring that employees can freely discuss issues and problems with management personnel. The safety will come from the fact that those at the top will accept and respect the comments of workers, preventing the type of conflicts that can arise when information is suppressed.

 

Opinions Should Matter

In a supporting rather than leading role, it is important for managers to recognize and remove any obstacles that can impede a successful business operation. It is particularly important that everyone is allowed to speak at company or staff meetings. Managers should identify those in attendance and specifically identify those who speak. Workers who fail to speak on their own should be asked for their input. Employees should always feel comfortable and understand that their opinions are valued.

 

Leading the Field at James River

Although it takes considerable effort to manage a team of workers, some simple changes can make a difference for everyone. This is the philosophy of James River Capital Corp., best known simply as James River. Registered as both an investment and commodity trading adviser and a commodity pool operator, the company was established in 1986 as KP Futures Management Corp., serving as the alternative investment division of Kidder, Peabody & Co. Through the efforts of Paul Saunders and Kevin Brandt, two seniors officers employed in that department, James River became an independent firm in 1995. Based in Richmond, Va., James River today has a management portfolio that is valued at approximately $570 million.

How Has Randal Nardone Contributed To The Success Of Fortress Investment Group

Randal Nardone has made his mark as one of the most successful hedge fund portfolio managers in the world. He is the co-founder and chief executive officer of Fortress Investment Group, along with Wes Edens and Peter Briger. They set up this alternative investment firm in 1998 as a private equity firm and saw it through different transition stages, including listing with the NYSE.

Life before Fortress

Nardone studied at the University of Connecticut where he graduated with a bachelor’s degree in English & Biology before topping it up with a law degree from Boston University’s School of Law. Before starting Fortress, Randal Nardone was a law practitioner with Thatcher Profit and Wood law firm. He would later move to BlackRock Financial where he worked as the managing director for the Union Bank based in Switzerland.

Moving to Fortress

The two engagements helped him hone his law and financial skills that were vital in founding the Fortress Investment Group. Randal Nardone formed part of the Fortress leadership and became a member of the board of directors in 2006. Prior to this, he held several positions within the company that included serving as an Interim CEO. He has also served in different prestigious positions with Fortress subsidiaries including president of Ncs 1 LLC, secretary of the Newcastle Investment Corporation, director of Springleaf Finance Inc. and also served as the director of Brookdale Senior Living Inc.

Dedication to transformative leadership

Randal Nardone is quite hard working and consistently puts in effort in everything he does to ensure transformation and revolution. He particularly played a key role in steering Fortress Investment Group to success, nurturing it from a collaborative idea to making one of the most prestigious investment company’s in the world today. Nardone has also been hailed for his contributions towards listing the investor with NYSE as well as during its acquisition by Japan’s Softbank Group.Even after the $3.3 Billion acquisition of Fortress by Softbank, Randal Nardone continues serving as the investment company’s direction as the takeover terms stipulate that his startup continues operating independent of the new parent company’s influence. He also views the acquisition as yet another step in the right direction for Fortress arguing that it would only serve to solidify its foothold in the global finance and investment industry.

Mike Burwell – The Partner Of The People

Mike Burwell is now the new Chief Financial Officer of the world’s leading advisory, broking, and solutions company, Willis Towers Watson. However, prior to this, he was moving his way up in another company called Pricewaterhouse Coopers LLP (PwC). During those 31 years, he worked on many audit clients within the assurance practice branch and then got promoted to Partner in 1997.

 

With his bachelor’s degree in business administration from Michigan State and a certified public accountant, he used his knowledge and skills to accomplish many tasks. He then initiated the PwC’s transaction services practice based in Detroit. Due to his success, PwC then moved him to their central region to become a new US Transaction Services Leader. His promotions didn’t stop there. He became Chief Financial Officer in 2007 and Chief Operating Officer in the next year. In 2012, Mike was then given the title of Vice Chairman Global and U.S. Transformation. Michael Burwell optimized and oversaw many diverse internal functions such as Human Capital, Technology, Finance, and Global Strategic Sourcing. Mike has been very busy these past few years.

 

During his Inspirery interview, Mike Burwell explains his leadership style and how it led to his success. He gives credit to his innovative and invaluable co-workers. He used new technologies to low production costs and his network and relationships to build good communication within and for the business. Even with all his progress, he still needed to shut down some projects that he put much effort into due to market trends.

 

Michael Burwell has mentored and guided many people; four of which have become partners themselves. Even though some projects had to be closed, he always sought a way to increase his efficiency and the bottom line with laying off any of his people. Mark also helped enhance their partnership with Google. Many more years to come, his company continue to improve and establish many more great partnerships. Refer to This Article for more information.

 

Smart Philanthropic Project of Hedge Fund Manager, George Soros

George Soros is a great investor of Jewish origin who has made it big despite being an alien though he is an American Citizen as at now. He has not had it easy since he had to face the Nazi Occupation intolerance of 1944 to 1945, which he and his family escaped Hungary through pretense. Congratulatory though, they helped other families escape through falsifying identification papers and George Soros’s lacrosse camp. What a satisfaction!

When the war surged, he relocated from Budapest to London. He worked as a railway porter during the day and as a nightclub waiter at night. The small he got, he rationally used it to fund his education at the London School of Economics. After that, he would move into the United States searching for a better employment and life. Fortunate enough, he got a firsthand link with finance and investment spheres and what George Soros knows.

George Soro being a sharp hedge fund manager who could tell a loss/ profit from a far decided to do sole proprietorship. He established a privately held hedge fund, the Soros Fund Management. Using prior knowledge and experience in investment, he made a big fortune to become one of the wealthiest people in America. When success came, George Soros found it wise to give a hand back to the society and learn more about George Soros.

Motivated by Karl Popper’s Open Society and its Enemies book which emphasized the need to respect individual rights, freedom of expression and democratic governance, George Soros established the Open Society Foundation. This would foster justice, equality, accountable government, transparency, and expression. The Open Society Foundations which is a network of foundations, projects and programs has actively done community service in 100 countries across United States, Asia, and Africa and Follow his Twitter.

About George Soros

He is a businessman, hedge fund manager, entrepreneur who in his 80s in doing more of philanthropic acts with a close focus on those marginalized or discriminated for who they are. He is a strong believer of a free society where are should be treated equally and fairly. George Soros is the founder and owner of Quantum fund and Soros Fund Management which are investment avenues for those trading in securities and more information click here.

George Soros advocated for political and government reforms. He strongly opposed President Bush re-election where he even donated towards the same. He has been against unfair governance, same-sex marriage, sex workers, drug abuse and also supported Europe Roman National. In 1979, he supported Education of black students during the apartheid era. He established the Central Europe University and encouraged cultural exchange. George Soros funds lawsuits of individuals held unlawfully by the government. At his old age, he still monitors his projects launched through Open Society Foundations.

Other Reference: http://www.discoverthenetworks.org/individualProfile.asp?indid=977