Michael Nierenberg and the Acquisition of Shellpoint

As the Chairman of the Board, President, and Chief Executive Officer of New Residential Investment Corp., Michael Nierenberg is very influential in the company that invests in and actively manages residential real estate investments, mortgage servicing assets, and related opportunistic investments. New Residential conducts its operations as a qualified real estate investment trust.

Michael Nierenberg is also a Managing Director at Fortress Investment Group LLC, a global investment management firm, an affiliate of which manages New Residential.

On July 3, 2018, New Residential announced that it had acquired Shellpoint Partners LLC and that the acquisition comprised all of the outstanding equity interests of all companies within the Shellpoint family. That included Shellpoint Mortgage Servicing, New Penn Financial, eStreet Appraisal Management Company, and Avenue 365.

Michael Nierenberg was pleased to announce the acquisition because New Residential was of the belief that this transaction would create a tremendous optionality. That was because Shellpoint already had an excellent origination and a third-party servicing platform and included ancillary businesses of real estate owned management, appraisal management, title insurance, and additional real estate services.

Additionally, Shellpoint Mortgage Servicing had done an excellent job in the expansion of its third-party servicing, and New Residential expected that to remain a company focus and that Shellpoint’s businesses would be a strong contributor to New Residential. Jack Navarro, Shellpoint’s President and CEO, was also excited about the prospects for growth created by this transaction.

Shellpoint’s Co-Chief Executive Officer of Shellpoint, Bruce Williams, stated that they were delighted with the acquisition and were looking forward to continued growth as part of the New Residential family. He noted that it was a terrific match because the two organizations share the same entrepreneurial spirit, focus on cutting-edge technology, and desire for growth.

The CEO and President of New Penn Financial, Kevin Harrigan, said they were thrilled to officially become part of the New Residential family and were excited for the opportunities that were presented for their customers. He felt that with New Residential’s support, they could look forward to offering their customers a wider selection of product options.

To know more visit @: ir.newresi.com/CorporateProfile

Talos Energy Is Successful Because It Takes On Challenges

Talos Energy was founded in 2012 by a man who had a background with the oil industry since he was a child because of his parents and the way that they raised him. He knew that he wanted to study petroleum engineering, and he made that happen at the Mississippi State University. The founder was involved with other companies before founding his own, and he says that he needed that experience to help him with Talos Energy. He says that no one should look at someone who has been in the industry 10 years longer than them and think that they can do the same work. It takes years of experience and dedication to the job each day in order to succeed.

Talos Energy has made many expansions since it began, and it is not afraid to take on other companies. It is always working with new challenges, and it is a unique company. It has been doing great work on the Mexican side of the Gulf of Mexico. And, the risks that the company took paid off in 2017, when the company discovered a ton of oil there.

The founder of Talos Energy says that things have exceeded his expectations in regard to how well they are going. The company has stayed on track with where he wants it to be. And, although there have been challenges when trying to get things going in regard to finding oil, he expected them. The company is worth a lot of money because of the way that it is always changing and taking on greater challenges. It is ready to work in places where others have not tried to work. Talos Energy is an exceptional company because it has discovered where oil is plentiful and is going through the process of getting that oil out.

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Robert Deignan Suggests Working With New Technology

Robert Deignan has noticed that workers’ anxiety over automation has been increasing significantly as the technology behind it has gotten more advanced. There are advances that go along with several concerns in a variety of different industries in the United States and the world. There is no way that anyone can predict exactly what is going to happen in the future when it comes to automation, but a lot of people are trying to make their best guesses.

One of the main concerns that Robert Deignan sees bothering a lot of people is that it will leave thousands of people without jobs and unable to support themselves. There are ways to combat this fear and guarantee that you will not be left without a job as automation continues to advance. It’s important to make yourself an indispensable part of your company in your position and positions that are above what you are currently doing. If there is no way that a machine or computer program could reasonably replace everything that you have to offer a company, the less likely you are to get laid off.

Even if automation does start to take more jobs, Robert Deignan does not believe that the process will be as fast as some people fear it will be. In 120 years, it will be about 50/50 on whether or not machines will be able to replace all of the jobs that humans can do. While these statistics may still be rather scary, Robert Deignan does not see it happening that way in reality. Instead of trying to fight against all of the new technology that will impact the workplace, he suggests that people be prepared to work with it instead.

One of the big things that Robert Deignan sees limiting automation in the workplace is because there are only a few things that each machine or computer is capable of doing. Humans are just better at multi-tasking than machines and human contact is just something that can’t be replaced. Some major changes are just on the horizon and the CEO and co-founder of ATS Digital Services suggests being prepared.

https://www.atsdigitalservices.com/

Fortress Investment Group Acquired By Softbank For $3.3 Billion

One of the most successful longest-serving financial institutions in the world is Softbank. For the past four decades, it has been on a continuous path of growth which has seen it record unprecedented success. Softbank is not done yet with its expansion measures. Recently, they made news after making a huge move towards the expansion of the business operations further.

The acquired Fortress Investment Group, one of the largest investment management firms in the world. With this acquisition, and the Japanese financial company has laid the foundation for another phase of growth which will see it become the largest investment firm in the world. The acquisition of the Fortress Investment Group cost $3.3 billion. However, even with the new acquisition, Fortress Investment Group will continue running its daily operations as it used to. From the agreement between Softbank and the Fortress Group, Softbank will in no way be involved in the management of the assets currently at the Fortress.

Then no-interference agreement between Fortress Group and Softbank is good news to both organizations. Fortress has in the past proved that they thrive when given the space to determine their path of growth. The ability to run on itself is one of the factors that Softbank considered before purchasing it in the first place. Softbank will, therefore, allow Fortress Investment Group to remain autonomous and pursue its independent goals and interests. The deal between these two is expected to bring huge returns, a factor that influenced Softbank into purchasing it in the first place.

While Softbank was founded in the early 1980s in Japan, Fortress Investment Group is a new company established at the beginning of this century. Its headquarters are based in New York City. Over the past two decades, Fortress Group has become one of the largest asset managers in the world under the leadership of CEO Randy Nardone and co-chair Wes Edens. They formed this organization in 1998, and over the past two decades, it has accumulated assets what tens of billions. Fortress Group is currently managing assets on behalf of more than 1,700 private investors as well as commercial clients.

Read more: SoftBank to Buy Fortress Investment Group for $3.3 Billion

Talos Energy Offers Positive Experiences in The Oil Drilling Industry

Even though Talos Energy works in the oil industry, they feel they have a responsibility to the people they provide their products to. They want to help their clients as well as their employees so they can make sure they’re doing everything the right way. The company also spends a lot of time figuring out all the best options that might make it easier for them to help clients. As long as they’re able to give them things that might make a difference in the industry, they feel good about what they’re doing. The company also knows there is a lot of value that comes from the employees. If they have good employees who like their jobs and who work hard to make sure they’re doing the right thing, the company will run better. It’ll also be better for the people who do things the right way. After they spend time learning about how to help people, they know their most important job is providing the employees with the best experience possible.

Thanks to their hard work and the way they do business, Talos Energy knows a lot of ways they can provide for their employees and their clients. It’s important to the company to always help people and give them better chances at the right options for the company. It’s also a good idea for them to show people they can get more from the oil they have to offer. Offshore drilling is important to the company and it helps the company stay in business.

After Talos Energy learned about what they could do and how they could give back to different communities, they felt good about everything they were doing. As long as the company spent time helping people, they’d have a way to make things better for everyone. It’s important to them to show people they can do things right without the worry that comes from running a hard company. By focusing on how they can help, they set themselves apart. Other oil companies don’t know how to help people in the same way Talos Energy helps their clients.

Learn more about Talos

 

The Art Of Focus With Alex Hern Interview Recap

Alex Hern is the epitome of success. For more than 25 years he has been a high-functioning entrepreneur responsible for solving the most complex problems in technology. A few of his highlights include Co-founding and directing the biggest search engine before Google, Inktomi, which powered the search technology for MSN, Yahoo and AOL.

Bigger successes were on the horizon though. As director of email marketing company, Yesmail, Alex Hern oversaw the sale of the business for $650 million just 10 months after he Co-founded it. Later, he helped build a cyber security company called ArcSight, which he ultimately sold to Hewlett-Packard for $1.5 billion.

Recently, Alex Hern did an interview with The Art of Success Podcast hosted by Daniel Budzinski. During the podcast, Hern discusses key insights into his background, challenges entrepreneurs face, as well as productivity. He talks about his approach to business building: looking for big problems to solve. A simple and no-nonsense method that continues to lead him to hundreds of millions of dollars today.

With the overall theme of the interview being focus, Alex Hern discloses his views on the subject, warning against multi-tasking. He notes having a singular and interrupted focus is a much more efficient strategy for productivity.These days, Hern is focusing on Tsunami XR. A virtual reality company that delivers cloud collaboration for teams worldwide. Operated by Alex Hern and his world-class team, Tsunami XR aims to evolve how remote teams work together. with 45 minutes full of high-impact information for today’s entrepreneur, this interview functions as a crash course in success.

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Stream Energy’s Philanthropic arm

Stream Energy is a worldwide renowned energy company based in Texas and Dallas Cities in the United States. The company deals with multi-level marketing of energy and provides wireless, protective and home services. This company was founded in the year 2004 with two entrepreneurs Mr. Pierre Koshkaji and Rob Snyder. It also has its offices in Oakland, Georgia, New Jersey, New York, Delaware, Maryland, Texas, and Washington DC. The company sells electric services and gas in the named states, but the other services are available to all citizens across the country. The company also serves at international levels by providing home services and protective services. This has given the company a good name and thus becoming one of the largest energy companies in the world.

Being the largest company in Dallas and Texas, Stream energy has always desired to help the community in Texas. It has therefore established an independent arm which deals with charity activities. The new division is known as the Stream Cares Foundation. This new arm of Stream Energy is responsible for Charity programmes which the company will render to the community. This arm was launched in 2016, and since then it has undertaken many philanthropic activities.

Stream Energy was the only company which offered a hand of support to the affected families during the Hurricane Harvey in Houston. The company provided financial support to uplift and helped the affected ones restore their livelihood status. During the Texas tornado, Stream Energy under its foundation financially helped the Texas residents. Another remarkable activity is when the homelessness crisis hit the Dallas state. The company came in and offered clothing and necessary items to the vulnerable and needy children in the country.

Stream Cares Foundation in conjunction with other corporates also has an elaborate program for the offers support to the military families. The most common application is the American Girl Doll Experience which is like a competition like a program for daughters of American Soldiers. This program aims at financially supporting the families of the American Military personnel.

This philanthropic arm has given Stream Energy a good reputation.

https://www.nasdaq.com/symbol/streamenergy/press-releases

The Story Behind Data Storage Provider CloudWick

There are a lot of things that need to go right in order for a company to become very successful. This is especially true in the tech world where there is so much competition. It can be very interesting to find out the story behind how a tech company went from an idea in a person’s head to generating millions of dollars and employing hundreds of people. CloudWick is a company that is based in CA. It primarily provides businesses with a safe place to store all of their data. They have built a great reputation among business both large and small.

CloudWick was a concept that was originally thought of by an Indian man by the name of Maninder Chhabra. He was living in India at the time. He read in the news about large companies having their data stolen. He knew that the data storage market was a good one to get into because there was a very high demand for that service. He then began to design what would eventually become the first system that the company would use to store the data of their clients. He showed this design to several potential investors. These people liked the idea and decided to invest.

Chhabra chose the name CloudWick for his new data storage company. He knew that marketing was key to any startup company succeeding in this competitive world. He hired some people who had run some social media marketing campaigns in the past. These people did a great job of letting business owners know about the services offered by CloudWick. One of the things that helped to attract new customers was the fact that their prices were far below the industry average.

CloudWick has been able to retain their customer base. In fact, more customers keep coming on board all the time. This says a lot about the quality and security that they provide. The business owners that are their clients realize that their data will not be able to be stolen by criminals and sold on the open market. This gives them peace of mind.

https://www.zoominfo.com/c/cloudwick-inc/355241702

Facts About Peter Briger and Fortress Investment Group

Peter Briger

A business leader and a financial professional located in New York, Peter Briger holds a lot of experience in asset management. He is the current Principal and Chairman of Fortress Group a one of the top global Investment firm from 2009. He joined Fortress Group in 2002 working tirelessly in guiding the firm`s operation in various management. His primary role is to oversee the progress of the investment group`s credit and real estate business.

Before joining Fortress Investment group, Peter Briger worked at Goldman Sachs as a partner overseeing operations in many business areas. He served several committees including the Global Control and Compliance Committee and Asian Management Committee where he assisted in divisions management. Also, Peter Briger maintained responsibilities as co-head of the firm`s Fixed Income and Whole Loan Sales and Trading centers. Briger is alumni of Princeton University and Pennsylvania University in Wharton School of Business where he graduated with a BA and MBA respectively. Read the articles at fool.com

Besides his participation in his career activities, Peter Briger has remarkable contributions to many charity and community-driven causes. Briger is a part of the leaders on the Silicon Valley, an organization which oversees the use of children Funds globally and also a member of the team on Foreign Relations, a non-profiting organization that’s committed on ensuring that individuals can understand foreign issues and protocols.

Fortress Investment Group

It is an organization with a highly rated reputation on asset management in the world managing credit and liquid hedge funds. It was established in 1998, its co-founders being Ronald Nardone and Wes Edens. The company has been providing outstanding services due to extensive expertise in the investment field. The company has over 900 employees and manages approximately 1,500 organizations and private property globally.

The success of Fortress Investment has been attributed by the Innovation and strong risk adjustment return strategy. In 2007, the company gained recognition as the first private company to participate publicly on the New York Stock Exchange (NYSE). Currently, the group exists in three segments which include Private Equity, Credit, and Permanent Capital Vehicle. This segmentation ensures the company`s led in the future.

Read more: https://www.bizjournals.com/newyork/potmsearch/detail/submission/6455147/Peter_Briger

 

InnovaCare Health’s Leadership Team Includes Rick Shinto and Penelope Kokkinides

InnovaCare Health was looking to add quality leaders to their team, and it found two outstanding people who both have 20 years in the healthcare industry. Rick Shinto serves on the board of directors for InnovaCare Health, and Penelope Kokkinides is part of the leadership team at InnovaCare Health. Let’s take a look at their work and education histories.

Penelope Kokkinides

This is Kokkinides second time working for InnovaCare Health. The first time she worked for the company as the Chief Operating Officer. Prior to rejoining the InnovaCare Health team, she worked for Aveta Health as the Chief Operating Officer. She has also served as the Chief Operating Officer for Centerlight Homes and, at the same company, also worked as the Executive Vice President. At Touchstone Health, she was the Chief Operating Officer, and at AmeriChoice, she worked in care and disease management at the corporate vice president for that division.

Kokkinides also has an extensive background in government programs for healthcare, and she has experience in creating healthcare programs that improve the efficiency of the healthcare system. Her educational background helped prepare her for a career in this industry. She graduated from Binghamton University with an undergraduate degree in classical languages and biological sciences. At New York University, she finished a master’s degree in social work, and at Columbia University, she completed a master’s degree in public health. She also has a post master’s degree in alcohol and substance abuse.

Rick Shinto

Apart from being the recipient of several awards, one of which included Modern Healthcare’s Top 25 Minority Leaders in Healthcare, Shinto has also worked in the healthcare industry for years. Besides working as a the current President and Chief Executive Officer for InnovaCare, he has also worked as the CEO of Aveta and the CEO for NAMM California. He also worked at Medical Pathways as the Chief Medical Officer, as well as the Chief Operating Officer. Beyond having a long history in the management side of the industry, Shinto also started as a practitioner in pulmonology and an internist. Shinto’s education background includes a degree as a medical doctor, and he also has a Master’s of Business Administration.

InnovaCare Health

This company prides itself on its innovative solutions to healthcare management. It uses technology to streamline processes, bringing higher quality care to more people.

https://www.businesswire.com/news/home/20180227006047/en/Dr.-Richard-Shinto-honored-Top-25-Minority