Billionaire Sports Fan Driving Spirit in Milwaukee

Wes Edens is a dynamic billionaire who is known on many fronts. Edens is best known to sports fans as the co-owner of the NBA Milwaukee Bucks, a franchise that is estimated to have nearly doubled in value to one billion dollars since it’s re-inception in 2014. Of course, this isn’t Wes Edens first financial success as He also co-founded Fortress Investment Group in 1998. Under his management Fortress has built and owned leading businesses in media, real estate, transportation, financial services, health care, and many other diverse sectors. They manage over $40.0 billions of assets. Some of Fortress Investment group’s portfolio holdings include Brookdale Senior Living, Florida East Coast Railway, Aircastle, Global Signal, Gatehouse Media and many more. After earning a B.S. In Finance from Oregon State University, Edens worked his way to the top of the financial world by progressing through positions at California Savings and Loans, Smith Barney, Lehman Brothers, and Blackrock Financial Management. More about of Wes Edens at Bloomberg.

Wes Edens is also the driving force behind Brightline, an intercity passenger railway connecting Miami and Orlando, Florida. It is the only privately owned passenger rail in the US and plans are in the works for a second line connecting Las Vegas, Nevada, and Southern California.

Edens involvement in sports doesn’t seem surprising. Growing up in the rugged Montana ranching country has given Him love for outdoor athletics and a keen sense of competitiveness. Eden has participated in running, ski races, horse jumping, as well as scaling some of the most challenging mountain slopes in the world. Wes Edens is also a co-owner of the Aston Villa FC, a soccer club with one hundred plus years of history based in Birmingham, England.

Wes Edens is very generous with his time as well as his money. He is a sought after speaker, speaking at many major events and symposiums and also sits or chairs many advisory boards and councils. He has donated considerable amounts of money to numerous charities, including University of Florida Foundation, Princeton Environmental Institute, Lymphoma Research Research Foundation, and to many more to list here.

For more information of Wes Edens, click here: https://www.linkedin.com/in/wesley-edens-a6b19b3a

 

How Stream Energy gives back to the Dallas community

While many companies engage in corporate social responsibility just to be in good books with the authorities, at Stream Energy philanthropy is part of their culture. Stream, a hugely successful energy sales company, is fully dedicated to philanthropy; a culture the company has adhered to since it was established in August 2004 by Rob Snyder and Pierre Koshajki.

The Dallas based company recently established a welfare foundation dubbed, Stream Cares, to advance its philanthropy causes in Texas and the entire states of the U.S. Stream Energy is not one of those companies to just write a check and sit back in the offices hoping the check will solve everything. Rather, Stream, through its employees, is directly involved in the lives of the people they support.

This was the case in Houston, when Hurricane Harvey hit the region, leaving in its path, devastating effects that led to the loss of livelihoods of many people. Stream Energy was the first company to engage the victims of the hurricane, availing food, medicine and temporary shelters for the victims, besides helping them build their financial lives back up again.

The decision of Stream Energy to establish the charity branch, Stream Cares Foundation, although, not a common practice for many corporations, is a big stride towards fulfilling their social responsibility. The Stream Care Foundation will not only be beneficial to more people in the community but also gains Stream, massive accolades from customers and shareholders who feel they are part of a noble act in the community.

Having already established long-standing collaborations with notable charity groups such as the Red Cross and Habitat for Humanity, Stream Energy is better placed to spearhead to identify and support the most effective philanthropic causes.

Top on Stream’s list of noble causes is their goal to eradicate or contain homelessness in Dallas. To spearhead this cause, Stream came up with Hope Supply Co. Through the Hope project, Stream Energy is able to establish the number of homeless people in Dallas and direct their funding towards the cause. Additionally, Stream’s annual Splash for Hope initiative gives the company’s employees and associates an opportunity to directly be of service to the homeless, by serving them food and helping them get a roof over their heads

https://mystream.com/services/home

Robert Ivy Reveals His Outlook On Joining Professional Associations

Robert Ivy, a seasoned entrepreneur, is at the helm of the American Institute for Architects. Fortunately, this is only one of his many entrepreneurial accomplishments. No doubt a decorated businessman, Ivy is no stranger to the triumphs that hard work breed. Ivy’s industrious disposition has afforded him many successes, with credentialed editor, valued committee member, and frequent award winner being among the most prominent feathers in his cap. Above all else, Robert Ivy is an impassioned and eager member of his niche. It’s for this reason why Ivy is a keen advocate for professional organizations. Read more about Robert Ivy at Wikipedia.

Given how trade-specific and tightly-knit AIA is, it comes as no surprise that Ivy is a champion of niche-related activities. More specifically, Ivy constantly promotes the efficacy of getting involved in professional associations. Not only do they hold tremendous opportunity, but they aid in building character as well. According to Robert Ivy, some of the most substantial benefits that professional organizations offer are as follows: endless networking opportunities, gripping conversations among like-minded individuals, chances for growth, and specific career assistance. However, Ivy believes that there’s a more profound purpose to professional associations. Ivy maintains that the overarching advantage of professional organizations is credibility.

Robert Ivy upholds that being an association member is a badge of honor. Those who wholeheartedly commit to their trade earn an honorable reputation in the eyes of fellow professionals and often bear themselves with more confidence when it comes to navigating the dynamics of their profession. With that said, Ivy asserts that there’s no reason not to get involved in associations. For those who have already made the savvy decision to become an organization member, Ivy recommends promoting this information on LinkedIn profiles. Both shrewd and experienced, Robert Ivy’s pearls of wisdom ought not to fall on deaf ears.

Read more: https://archinect.com/news/article/150059501/robert-ivy-to-receive-lifetime-achievement-award

 

Sahm Adrangi: An Expert Investor

Sahm Adrangi is the Chief Investor at Kerrisdale Capital management. He has recently increased the company’s investment in Luxoft HLDG Inc to 19.27%. Sahm Adrangi had up to seven hundred thirty four thousand and thirty six shares as of the last reported quarter. The value of those shares was estimated at nearly thirty million dollars. He led the purchase for the company due to a twenty six percent drop in their stock value at the time. Under Sahm Adrangi’s guidance, the Kerrisdale company purchased one hundred eighteen thousand and six hundred shares of Luxoft HLDG Inc.

This might not have been a wise choice. The Luxoft HLDG Inc company has been caught in a downward spiral for months. The stock that Sahm purchased did rise in price by .56% but the company has continued to spiral downward in value since July of 2017. The company has bounced back in the past. So, only time will tell if the choice to purchase such large amounts of stock was a good one or not. Sahm Adrangi is an expert investor, though. So, he might have made a great investment choice and the downward price trend of stock can rise back up to make it profitable.

To highlight Sahm’s expertise, here is some information about his recent evaluation of the St. Joe’s company. St. Joe’s is a real estate development company in Panama Beach, Florida. Sahm Adrangi says that their one billion dollar value is incorrect. Sahm says that the company is actually worth forty percent less than one billion due to several issues. They have been slow to develop the property that they do own, their property has hard-to-develop swamp land, and they’re having major issues with their largest investor. That makes it harder to warrant their one billion dollar evaluation because there are so many glaring issues working against them. It’s not a very bright outlook for St. Joe’s, but Sahm Adrangi is an expert investor and his opinions are based on fact and an education prediction based on the company’s current state.

http://fortune.com/2016/04/21/sahm-adrangi-kerrisdale-short-sale/