Wes Edens and Sawiris Acquires Major Stakes In AVFC

Wes Edens is a Private Equity investor and an American Businessman. He is also a Co-Owner of Milwaukee Bucks. Reportedly, he bought the majority stakes in the Aston Villa Football Club (AVFC) based out of England. AVFC is competing to gain entry to the Premier League.

Mr. Edens and Mr. Sawiris own NSWE which is a research and investment firm based out of Egypt. The stake purchase of AVFC is done through this company. AVFC participates in the English Football League Championship which is a popular sports league.

Aston Villa has missed its chance to enter Premier league in the last season in a close range. Dr. Tony Xia an existing stakeholder will continue on the board by becoming a Co-Chairman.

Tony Xia stated in an interview that with Wes Edens and Sawiris on board, Team AVFC will pursue the goal with added strength and keen approach.

Wed Edens and Sawiris expressed their interest in working with Dr. Tony in shaping up things within the team.

The Priority of the owners will be to assess and evaluate the team. Further, they will keenly work on strengthening and structuring the team for the approaching season. All three Chairmen of AVFC are confident and ambitious in taking the business and the sport to great heights. More about of Wes Edens at Bloomberg.

Stakes and Investments of Wes Edens:

Edens was a competitive skier in his early age, after establishing his equity career, he bought the NBA franchise Milwaukee Bucks for $550million in the year 2014. The current value of the company is about $1.075 Billion, which is almost double of the value he originally invested.

Wes Edens is a renowned private equity investor and hedge fund manager. He co-founded the Fortress Investment group along with Rob Kauffman, and Randal Nardone. Subsequently, in the latest part of his venture, he bought the majority stakes in Springleaf Financial Services which formerly known as American General Finance (AGF). AGF then developed with impressive book size, and it manages about $14.3 Billion worth of Assets.

In the year 2006 Wes Edens became the chairman of Nation star which was acquired by Fortress for a staggering $575 Million. The company was formerly known as Centex which was a major home equity company in the United States.

View: https://www.cnbc.com/video/2018/01/12/brightline-private-rail-opening-to-the-public.html

 

A brief overview of Peter Briger’s philanthropic causes

Fortress Investment group’s principal and co-chairman, Peter Briger is a man known for his compelling career. Aside from Briger’s professional life, he is also famed for supporting causes that help improve the lives of those who hail from disadvantaged backgrounds. For instance, he is heavily involved in the charity activities of Silicon Valley council, a non-profit group that spearheads the alleviation of poverty across the world by supporting children who come from poor backgrounds.

Helping entrepreneurs the Princeton way

This is not the only charity organization that Peter has a hand in, as there are many others. These include his former academic institution, Princeton, where he helped co-found the alumni entrepreneurship fund two decades ago. This fund has helped facilitate the dreams of many upcoming entrepreneurs by supporting them financially so they can set up their businesses. Through its six-member panel which Briger is also part of, the fund also goes the extra mile in ensuring that the young entrepreneurs have what it takes to run a business by initiating mentorship and training programs.

Visit fortress.com to learn more.

CNAS

Peter Briger also recently joined The Center for a New American Society, a bipartisan non-profit organization which focuses on the development of realistic and robust security and defense policies. His addition to the organization’s board of advisors was received quite warmly as he is always a priceless asset, wherever he goes. During the announcement of his addition, Michele Flournoy, CEO of CNAS was particularly excited as Peter is not only knowledgeable but is also dedicated and engaged.

In addition to the highlighted ones, Peter Briger is also a board member of Tipping point, a non-governmental and non-profit organization which aims at improving the living standards of residents of San Francisco. Other additional charity causes that he supports include hospital for special surgery, Central Park Conservancy and Global fund for children among many others.

Besides life improvement charity causes, Peter Briger understands the impact of education on any community which is why he serves as a board member to a charter of schools known as Caliber. He also supports extracurricular activities and is on the Investment committee for US soccer as the chairman.

Despite having all these charity causes on his hands, Peter Briger still manages to carry out his duties as head of Fortress’s credit fund and real estate departments exceptionally well, and ever since he took over, he has done nothing but speed up the growth of the company.

Check out: https://www.bloomberg.com/research/stocks/private/person.asp?personId=1155225&privcapId=666715

Edwin Miranda: Standing Firm for His Company, but Seeking Answers

The marketing and advertising firm of Koi IXS is currently being led into great ventures by the CEO Edwin Miranda. Edwin Miranda has been CEO of Koi IXS since 1994, so it is no surprise to many that he has led the company into the wonderful business position that it is in today; however, most recently Koi IXS and CEO Edwin Miranda has been in the news for a government fiasco involving the Puerto Rico Talent Bank.

The gist of the issue is that the Puerto Rican Governor Ricardo Nevares’ vehemently stated during his election campaign that a formal process would be put into place for selecting secretaries and others that would be assisting the government. The thought was that by creating such a formal process that corruption would be curbed; however, the big debate now is that this formal process which was dubbed The Talent Bank has yet to become a reality and voters and others wish to know why. Unfortunately, Koi IXS was the company in charge of Navares’ election campaign and this has linked Edwin Miranda’s name into the controversy.

Miranda has made it very clear that it was not Koi IXS that was in charge of developing the Talent Bank platform, but rather the technology team hired by Nevares’ that was in charge of technological platforms are the ones who actually was in charge of creating the talent database. The CEO has stated that while Koi IXS is not the one that is able to answer why The Talent Bank has not become a reality, that someone needs to be giving those answers.

Alex Hern Says Augmented Reality Could Change Firefighter Training

Alex HernFirefighter training is an activity that, despite all the precautions, presents some risks for those who practice it. However, as tech entrepreneur, Alex Hern points out in Chronicle Week, virtual reality could make training simulations a whole lot safer.

It’s necessary and apart of the job, and to make realistic, real-life simulations are necessary. Now, VR equipment can help with reconstructions of burning parts of buildings, cars, and more. A virtual fire can offer realistic simulations without the potential injuries.

Firefighters can come face-to-face with an emergency situation, says Alex Hern, in a safer, more efficient manner. Hern is the co-founder of cross reality company Tsunami XR. He’s a 25-year veteran who helped build Inktomi, the company behind the search technology of some of the largest search engines, like MSN and Yahoo. He says today’s augmented simulators use a series of sensors and technological components to train firefighters in a realistic and safe way.

Besides the 3D reconstruction of each scenario, in the augmented reality mode, the movements of the fireman are simulated and they can still experience some of the sensations that would be felt in reality. Using VR, the suit, for example, will heat up, thanks to a series of electrical resistances applied to the fabric: the fireman will approach the virtual fire, and the more the temperature will increase. There are also sensors to monitor heartbeat, physiological response and performance. You get all of this without jeopardizing the safety of firefighters, and these real-life scenarios can also give a boost to pre-planning.

The Value Of Augmented Reality

The augmented reality industry already reached a value of $6 billion dollars in 2017, and as Alex Hern points out, by 2023, we will see a 58 percent boost. While consumers have all eyes on the gaming industry for virtual reality, several other markets are seeing a boom, like the military, the tourism industry, and new markets that can utilize augmented reality for training.

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Shervin Pishevar And His Bold Tweet Storm Predictions

When many people take to Twitter, they discuss a variety of topics. However, while most conversations go unnoticed by the majority of people, some quickly get noticed by thousands of people. Such was the case with the 50 message, 21-hour tweet storm recently conducted by noted businessman Shervin Pishevar. During his tweet storm, a number of bold and fascinating predictions were made, leaving many to wonder if they would indeed come true.

When he first began his tweet storm, Shervin Pishevar spoke of the stock market, and how he sees bad times ahead for investors. Pointing to an increased level of volatility in the bond market, he predicts investors will see a drop of 6,000 points in the months ahead. If this occurs, he suggests investors take their money out of stocks and instead store it in precious metals such as gold, which will maintain its value until times get better.

After getting investors rattled with his stock market comments, Shervin Pishevar set his sights on how he believes Silicon Valley has lost its competitive edge. Citing a variety of advances made by foreign competition from China and Africa, he predicts it may be a very long time before companies in Silicon Valley are once again considered the best in the world. To do so, Shervin Pishevar predicts companies in Silicon Valley will need to reinvest in many areas, such as employee training, innovation, and new methods of research and development.

Last but certainly not least, Shervin Pishevar made many predictions about the popular virtual currency Bitcoin. Believing it too will suffer a loss similar to the stock market, he does however see better times ahead for investors in this area. While he believes the currency will drop in value by up to $5,000 in the coming months, he also sees it rebounding much faster than traditional stocks. In fact, for investors who are not scared away by the price drop, Shervin Pishevar envisions a time when they will recoup their investments, with plenty to spare. But like many of his predictions, only time will tell if they come true.

https://techonomy.com/people/shervin-pishevar/

How HGGC Is Disrupting The World of Private Equity

There are a number of private equity companies that come and go with each bull and bear market. However, one private equity company is looking to make its impression known over the long term. That company, HGGC, is known as one of the premier private equity firms in the tech arena.

HGGC is a Palo Alto based private equity firm that has over $4.25 billion in investment commitments spread over a number of mostly technology focused start-ups. Key figures at the firm include Gregory M. Benson, Richard F. Lawson, Leslie M. BrownJr., Neil H. White, and 3-time Super Bowl winning quarterback Steven Young. Founded in 2007, the firm has invested in over 60 companies.

Some of the more notable investment by HGGCs include AutoAlert, RPX, HelpSystems, IDERA, FPX, Davies Group and My WebGrocer. The company has raised capital through three closed funds. The first fund, known as “Fund 1,” has over $1.1 billion in investment capital. “Fund 2” has over $1.3 billion in investment capital. And finally, “Fund 3” has $1.8 billion in investment capital. Some of the notable investors of these funds include Pennsylvania Public School Employees’ Retirement System (PSERS), The California Public Employees’ Retirement System (CalPERS), CNP Assurances, and the West Yorkshire Pension Fund.

HGGC is known as a “Mid-Market” private equity firm. That means makes investments in $25 million to $125 million dollar price range. In its 11 years in operation, the firm has received a number of awards including 2014 M&A Mid-Market Private Equity Firm of the Year by Mergers & Acquisitions magazine.

One of the secrets that has made HGGC so successful is its strategy of invest in “disruptive” mid-market companies who compete against outdated large market companies. For instance, My WebGrocer is looking to disrupt the outdated supermarket sector. And AutoAlert is looking to disrupt the auto sales business. With this unique, disruptive strategy, HGGC is becoming a force to be reckoned with in the private equity world.

http://www.pjsolomon.com/news-and-events/hggc-to-buy-nutritional-supplements-company-in-446m-deal

Rick Shinto And Penelope Kokkinides Take The Lead At Innovacare Health

InnovaCare Health runs Medicare Advantage healthcare in Puerto Rico through its subsidiary MMM Holdings, including MMM Healthcare, which manages more than 250,000 policies in Puerto Rico.

The team running InnovaCare consists of experts with over 125 years in the delivery and management of healthcare. Their operational and administrative expertise allows them to provide high-level value-based care.

President and CEO of InnovaCare Health’s subsidiaries in Puerto Rico, Richard “Rick” Shinto, M.D., MBA has a proven track record of innovation and experience in physician-led managed care. Dr. Shinto began his medical career as an internist and pulmonologist in Southern California.

He received his B.S. from the University of California at Irvine, and his medical degree from the State University of New York at Stony Brook, with an M.B.A. from the University of Redlands. In addition, he has written several articles on healthcare and clinical medicine. With more than 25 years experience in managed care, Dr. Shinto has dedicated himself to providing value-based care in order to improve treatment and enhance patient lives.

Prior to his role with InnovaCare Health, Dr. Shinto served as President and CEO of Aveta Inc. Before Aventa, he was CEO of North American Medical Management California (NAMM California).

Dr. Shinto currently serves on the board of directors for the industry’s largest trade association, America’s Health Insurance Plans (AHIP), and on the board of the leading association of physician organizations practicing delegated coordinated care, America’s Physician Groups (formerly CAPG).

Chief Administrative Officer Penelope Kokkinides rejoined InnovaCare Health in June of 2015. Penelope holds a bachelor’s degree in biological sciences from Binghamton University; a master’s degree in social work from New York University, with continuing education in alcohol and substance abuse, and a master’s degree in public health from Columbia University School of Public Health.

She previously served an Chief Operating Officer of InnovaCare Health as well as Chief Operating Officer of Aveta Inc. Penelope brings 20 years of healthcare experience to her position. Her experience centers on strategic direction and overall managed care. She also served as Chief Operating Officer of Touchstone Health and Corporate Vice President for Care Management and Disease Management at AmeriChoice, a subsidiary of UnitedHealth Group, where she developed and implemented the company’s health model.

https://changemindchangefuture.org/index.php/2018/03/09/rick-shinto-and-penelope-kokkinides-provides-leadership-through-managed-healthcare-plans/

Peter Briger Has Improved Fortress Investment With A Decade Of Service

Peter Briger is an executive veteran and a financial billionaire, much of which was acquired during his current position at Fortress Investment Group. Peter first joined Fortress Investment while they were still a private company back in 2002 and today he has been appointed as company president and board chairman. After the company was recently sold off to SoftBank Corp in 2017, Fortress Investment executives pulled in a combined 1.3 billion dollars, with more than 500 million going to Peter Briger. This massive financial gain put Peter Briger’s net worth above 2 billion dollars, making him one of the top billionaires in the country today according to the Forbes Billionaire list. View Peter Briger’s profile on Linkedin

Fortress Investment was a major boost to Peter’s financial career, but he has been building his wealth for the past three decades ever since he took up a position at Goldman Sachs. Peter worked his way up the company ladder at Goldman for 15 years and in 1996 he became a company partner.

When Peter Briger joined Fortress Investment in 2002, he was already considered a financial veteran and his expertise helped Fortress become the company that it is today. Peter increased the annual company revenue by a huge amount each year and played a pivotal role in the company turning public. As president of the company, one of Peter’s biggest goals is to keep raising the assets and clients that they continue to manage each year, which is roughly 1700 clients and 45 billion dollars.

Peter has spent many years earning degrees and improving his academic record before he became a financial success. Before starting out his career, Peter studied at the University of Pennsylvania as well as Princeton University, where he obtained his bachelors in business and his masters in business administration.

On the philanthropist side of things, Peter Briger is a member for the Tipping Point, the Council of Foreign Relations, and Caliber Schools, which are dedicated to improving living standards and education for underprivileged families across the nation.

Learn more: https://www.crunchbase.com/person/peter-briger

 

Ryan Seacrest Success Story And Philanthropic Work

Ryan Seacrest is currently hosting the famous iconic music competition commonly known as American Idol as the series returns to the American televisions for the first season in spring 2018 on ABC. Mr. Seacrest is a recognized award-winning and creative entrepreneur who holds preeminent positions He works as a host and as a producer in local radio and nationally syndicated along cable television and broadcasting.

Seacrest entrepreneurial interests led him to get involved in different types of entertainment and media companies. In addition, his philanthropic works and efforts have focused on youth-based initiatives that are having a hugely significant impact nationwide. While on the radio, Mr. Seacrest hosts the On Air with Ryan Seacrest. He is also on the morning drive-time show known as No. 1 national syndicated Los Angeles on iHeartMedia’s 102.7 KIIS-FM. He also hosts Top 40 radio show also known as nationally syndicated. Ryan Seacrest is executive producer and co-host on the famous Disney|ABC talk show syndicated morning Live with Ryan and Kelly. He is also the chief host and executive producer of the ABC’s annual program on New Year’s Eve known as Dick Clark’s show on New Year’s Eve Rockin’ with Ryan Seacrest. He also hosts the top award-winning show franchise. Seacrest controls the Ryan Seacrest Productions (RSP), Production Company that is an Emmy winning entertainment firm.

The RSP produces has produced the famous series in households Keeping Up with the Kardashians plus its spinoffs. They have also produced the E! Live straight from the Red Carpets award shows, CMT’s I Love Kellie Pickler, Bravo’s Shahs of Sunset and the YouTube’s Best Cover. Moreover, the RSP has produced Shades of Blue, which is an NBC drama series that features Jennifer Lopez plus Insatiable for the Netflix. RSP Company has also produced the famous Emmy Award-winning show known as Jamie Oliver’s Food Revolution. Mr. Seacrest has a flourishing lifestyle enterprise that includes Ryan Seacrest Distinction, menswear collection that is sold exclusively at the Macy’s, and also a men’s skincare products line. Mr. Seacrest philanthropic efforts have seen him serve as the chairman of Ryan Seacrest Foundation. This company has opened more than 10 media centers that have acted as a gateway for many young people and supported his philanthropic efforts.

Facebook: facebook.com/ryanseacrest/

People, Papa John’s Doesn’t Exist Without Them

Steve Ritchie, the new CEO of the leading pizza chain, Papa John’s, is demonstrating a commitment to the human, more personal side of the business. He has visited stores in Detroit, Chicago, Dallas, Los Angeles, and Atlanta. His purpose, to hear from the people who are on the front lines of their restaurants. He says, “Papa John’s doesn’t exist without them.”

A listening tour is a fantastic idea for CEOs to get to know firsthand what’s happening in their businesses. It starts with a smile and a handshake and moves on to meaningful stories. Some of those stories walk through challenges. Other accounts speak of great successes in their respective cities. It allows one to see firsthand the ambassadors and representatives of the brand. It brings alliance between the national chain and the local hard-working people that have invested their heart and soul into serving their community. CEO Steve Ritchie Papa Johns is finding this out firsthand.

What he found that many of the franchises were made up of people who considered their coworkers their own families. According to qsrmagazine.com, Steve Ritchie recognizes the trust has been lost and is coming alongside team members who had some strong interactions with customers as a result. However, with an emphasis on local schools and charities local Papa John’s franchises are making a difference in their communities because they are passionate members of those communities.

Papa John’s, with its emphasis on fresh ingredients, service and quality pizza at a great price, is taking this opportunity to embed themselves even deeper into the communities where they do business. According to Steve Ritchie, it’s about more than a business or franchise. It’s about being a vibrant and vital part of every community. It doesn’t matter if it’s a delivery driver, cashier, pizza chef, or franchise owner, it’s the people and relationships that will make the difference.