Tag: Finance

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

Posted on by racewayRick

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.

Shervin Pishevar Has a Perception that Digital Currencies will continue to Depreciate until Stabilizing at a Particular Level

Posted on by racewayRick

Shervin Pishevar is one of the most respected venture capitalists around the world. Recently, the founder of Investment company has been oozing with knowledge where he recorded various information about his feelings on the economy of the United States on his Twitter account. Shervin, who has significant interests in Virgin Hyperloop had something to say about the emerging bitcoin technology. The new method of payment is taking the world by storm, and its high time individuals listen to what the experienced investor has to say.

Shervin Pishevar notes that digital currencies will continue to depreciate for a prolonged period up to that point where they will stabilize and start appreciating once again. The Uber Investment personnel seems to have some truth in it given that for a more extensive period, digital currencies have been depreciating making the holders of bitcoin uncertain about their investments. Despite the attraction and fame associated with the new form of payment, there seems to be a precedent level of risk associated with holding this currency.

Shervin Pishevar puts across that the holders of digital currency should be aware that despite the current trends, they should continue holding the digital money because the currencies will continue to depreciate down to a particular level after which they will start to appreciate. Digital currencies have been highlighted severally that they will be a game changer for the development of the world and the way people will be performing their transactions. For example, blockchain technology will prove to be effective in preventing fraud as only individuals with the required and necessary password will be able to access the payment system.

Shervin Pishevar might have some sense in it because the expected rise of digital currency has to wait before it can start to be approved by various individuals around the world. There are many persons out there who still think that online money is a scam which makes them shun away from this method of payment. As individuals continue to embrace blockchain technology and other digital currencies such as Bitcoin, digital currencies will be bound to appreciate because all individuals will be welcoming them to transact with individuals in different parts of the world.

https://www.dailyforexreport.com/shervin-pishevar/