Fortress Co Founder Randal Nardone

Randal Nardone is a member of the management committee at Fortress Investment Group. He has been a member of this group since the late 1990’s when he co founded the firm with financial executive Wes Edens. Nardone has held high ranking executive level positions at Fortress Investment Group since he started up the firm. As well as being a member of Fortress Investment Group. Randal Nardone has also been a member of a few other top financial services firms. He was a member of UBS and Blackrock Financial Management. When he started his career, Randal worked in the legal field as a practicing attorney. Like a number of other high ranking executives, Randal is among the richest Americans according to Forbes. Read more on https://www1.salary.com/Randal-A-Nardone-Salary-Bonus-Stock-Options-for-FORTRESS-INVESTMENT-GRP-LLC.html

The first position that Randal Nardone held was in the legal field. He became an attorney at a top law firm known as Thatcher, Proffitt & Wood once he graduated from law school. Nardone would establish himself as a successful attorney while working at this firm. His success would lead to him being promoted to the firm’s executive committee. While he was holding this position, Randal was able to lead and manage the firm and help it become a more successful organization. He would eventually leave Thatcher, Proffitt & Wood in order to pursue a career in the financial services industry.

Nardone’s next professional experience would come at the investment firm called Blackrock Financial Management. Randal Nardone held a high ranking position as he served as the firm’s principal. This allowed him to use his leadership abilities to build a successful financial services firm. Within a few years, Randal decided to move on to another firm called UBS. At the firm UBS, Randal became the managing director. This position entailed getting the firm clients as well as providing the administration of the firm. Randal would use this experience to move on to entrepreneurship.

In 1998, Randal Nardone co founded Fortress Investment Group which specialized in private equity asset management. After co founding Fortress Investment Group, Randal became a part of the firm’s management committee. Today, he serves as the firm’s co chief executive officer and principal. Visit patch.com

 

Talos Energy Signs Unity Agreement With Pemex To Explore For Zama-1 Extension

Things may be looking up for Pemex Oil. The Mexican-state run oil firm just came to a unity agreement with Talos Energy. Talos Energy is the Texas-based oil and gas company at the head of Block 7 Consortium. The Consortium famously discovered the huge Zama-1 boon last year. The field located in the shallows of the Gulf of Mexico has over 1.4 billion barrels of oil beneath it. It was found during exploratory drilling by the Zama-2 well. The consortium consists of a Mexican run oil company called Sierra Gas & Oil, and UK-based oil company Premier Oil. Talos is the head of Block 7 with a 35% total share. Pemex Oil happens to own an adjacent block to Zama-1, and their presence as a neighbor may have huge implications.

The two year agreement is designed to allow Talos to explore the possibility that Zama-1 might bleed over into Pemex’s block. The field is quite large and although 1.4 billion barrels is projected there could be more. The reserves alone for the field are in the millions. The project to develop field and produce the barrels is slated to take over a decade to complete. The first phase will start at the end of this month, with the initial appraisal already being accepted by Mexico’s gas and oil regulation. This appraisal is designed to further penetrate the field and fully test it. Part of that test will fix on Pemex’s block.

If Pemex’s block does indeed contain some of Zama-1’s oil the unity agreement promises part of the profit will go to Pemex. Both companies will be able to set participation regulations based on international processes. The deal could result in nothing if the block contains no bleed over from Zama.

About Talos Energy

Talos Energy was founded in 2012. Its founder, Timothy Duncan, is also the president and Chief Executive Officer of the company. Talos is headquartered in Houston. It is involved in exploration for oil and gas properties throughout the Gulf Coast and the Gulf of Mexico. Zama-1 is the largest find the company has achieved to date.

To Know More Click This Link : www.crunchbase.com/organization/talos-energy

Sunday Riley’s Skincare Success

The skin-care brand Sunday Riley has a unique formula that was created by Sunday Riley herself, who is a “cosmetic chemist and product formulator”. Riley started the brand after finding other products to be ineffective. Within her formula is a substance called retinol, which can seem scary to people who are familiar with its effects in other formulas, as it can cause dry, red skin, but to detract from the ingredient list, Riley’s formulas are given names like Martian, Good Genes, and Luna.

The price of Sunday Riley products is more expensive than that of other skincare formulas, excluding luxury products. A one-ounce bottle of Luna Oil costs $105, with a one-ounce bottle of Good Genes at $105 as well. Since Riley does her own formulating, there isn’t the added cost of research. Sunday Riley was first picked up by Barneys New York in 2009, and the lead buyer suggested Riley use her own name for the brand. Riley’s brand didn’t have a large budget for advertising, so they used social media influencers to promote their products to their followers. The brand even shared samples with social media users who had a smaller following, capitalizing on those people sharing their success with the brand with their friends and followers.

Riley also takes note of what products are successful and which are not, in 2011, she expanded her company to include many cosmetic products. She noticed those products weren’t selling as well as the skincare products, so she removed them from stores after two years. Riley often has her friends and family test out her products to get their feedback before beginning to sell those products. At the moment, Riley is working on a vitamin C-focused collection, continuing to expand her skincare brand. Though her makeup products didn’t do well before, Riley sees herself expanding into that field, and others, again in the future.