3 Critical Sustainability Goals That Wes Edens Helped Introduce to Fortress Investment Group

Before co-founding fortress investment group, Wes Edens had already proven his worth in the financial management and investment world. The success he and his partners would achieve wit Fortress less than a decade into the life of the hedge fund would nonetheless come as a surprise to most industry players.

Within this time, the company accumulated one of the largest base of assets under management diversified its portfolio tenfold and issued its first IPO. Two decades later, Fortress group remains an iconic tower in the financial world attracting the attention of Softbank that acquired it for $3.3 billion. But what was Wes Edens role in building this success?

  1. Managing its sublime lending department

The success that Wes Edens reported while managing this sector has earned the nickname, ‘New King of Sublime Lending.’ This started when he led Fortress investment group into acquiring an illiquid Springleaf Financial Services at the height of the housing and subprime lending crisis in 2009.

Less than five years later, the fortress subsidiary had bounced back to leading the field with over $3.5 billion assets under management. He would also replicate this success with Nationstar mortgage, formerly known as Centex Home Equity Company LLC. See more on Wikipedia

  1. New unconventional investments

Apart from subprime lending, Wes Edens also has a knack for unconventional investments. While every other hedge fund manager is looking forward to investing more in distressed debts, stocks, and bonds, Wes is loon for more lucrative but unconventional investment opportunities.

This explains why he led Fortress Investment group where he serves as a Chairman, into investing into e-sports. Today the company runs an e-sports franchise, Fly quest, that recently made it to the top ten permanent members of the North American League of Legends championship series.

  1. Guiding its shift towards more liquid and permanent investment structures

After the 2007/8 real estate crisis that brought don with it the entire financial market, Fortress investment group evaluating options of getting out of the illiquid investment markets. With time, the co-founders would come up with a different investment option that have already materialized, such as the Virgin Trains USA, and several others that are in the pipeline. Wes Edens is particularly credited with the decision to set up a clean energy plant, New Fortress Energy, that is already making waves in the global oil and gas industry.

Read more: https://www.fortress.com/about

 

Jojo Hedaya and His War on Spam

Do you ever notice that sometimes your email is just overflowing with information that isn’t important to you? Updates to websites you’re only half-sure of what the purpose is. Whiny messages asking you to “Come back, we miss you!” like an insane and clingy ex. All forms of spam email can be frustrating to deal with, because sometimes, something important gets wedged in between those updates to terms of services; Jojo Hedaya wanted to make sure nothing was lost.

In the midst of an age of junk email, where receiving so much of it is considered the norm, Jojo Hedaya set out to find a solution. He saw beyond the bleak cliffs presented to us by a sea of starving companies (or, in some cases, companies that are doing perfectly well). When faced with this issue himself, he had to choose between one of two pathways: ignore the issue or solve it. If he were anyone else, he may have simply went about his day, uncaring of the daily trudge through spam emails.

But he is not anyone else. Jojo Hedaya used his youthful ingenuity and tendency for good ideas to create a workaround. The result is Unenroll.me, an application that allows you interact with various automated emails.

Now, of course, you could simply mark all of these automatic emails as spam, but to do so would require so much effort, and there would always be some new company trying to get you to throw money at them. Plus, who knows, maybe there are a few junk emails that end up grabbing your attention, and you don’t necessarily want to ditch them all. This was Jojo Hedaya’s exact dilemma when he created Unenroll.me with his cofounder, Josh Rosenwald.

Unenroll.me perfectly solves the issue. It compiles a list of every email involving newsletters, subscriptions, or updates and separates them from your regular email. From the folder for junk mail, you can unsubscribe from any email with the simple click of a button. This simple workaround Jojo Hedaya provides is the exact sort of unfiltered brilliance that allows the business world to thrive.

https://siliconcanals.nl/news/startups/six-apps-that-can-change-the-way-you-function-as-a-startup-owner/

The Distinguished Career Of Gareth Henry

The career of Gareth Henry is as an expert in alternative assets. He builds product awareness for asset managers within the industry. In the past, he was in charge of investor relations for both Angelo Gordon and Fortress investments. This provided him with a unique opportunity to view the growth of the industry. As a liaison between investors and asset managers, one of his key responsibilities is explaining the use of alternate strategies for adding alpha and diversifying a portfolio.

During the past few years, the popularity of hedge funds has increased. Gareth Henry has played an important role in discussions regarding the importance of these assets in the diversification of investor portfolios in a non-correlated manner. He has spoken of the different sizes and shapes of hedge funds. He believes the ability to take different approaches for investment purposes is the core component. He feels investments in assets not classified as traditional as well as short term investments offer investors returns uncorrelated with the standard bond and equity investments. Read the article at institutionalinvestor.com

Gareth Henry has an academic background. He was educated in Edinburgh, Scotland at the University of Heriot Watt. He earned his Bachelor of Science degree for mathematics, ensuring he was able to explain the complicated strategies so commonly used by the managers of modern hedge funds. He has admitted his understanding of complicated math functions is derived from his being a math geek. He has gained experience working for the major players in the financial sector.

Gareth Henry currently has his own public relations firm. He provides alternative asset managers with asset raising services. His network of contacts is extensive, encompassing capital sources such as sovereign wealth funds and pension funds. He has had the opportunity to spend a lot of time observing the thought processes of sophisticated investors in relation to investments in hedge, bond and equity funds.

Gareth Henry uses his experience and knowledge every single day when discussing alternative assets including hedge funds with investors. He is able to compare traditional investments in stocks and bonds including their importance in diversifying a portfolio. He is considered extremely knowledgeable in his field.

Learn more: https://www.bloomberg.com/research/stocks/private/person.asp?personId=32488465&privcapId=1689088&previousCapId=1689088&previousTitle=Angelo,%20Gordon%20&%20Co

 

Gareth Henry and The Success Through Constant Motion Philosophy

Math geeks are not the best public relations people and they rarely manage to succeed in customer service or similar roles. Gareth Henry studied actuarial Mathematics at the university and instead of ending up in an insurance company he found his passion for investment. Unlike the majority of math geeks, reformed or not, Gareth Henry is very good at talking to clients, colleagues and even strangers about their investments. He, therefore, ended up working in finance and investment doing investor relations and raising capital.

To this end, he started out at Fortress Investment Group and held the position of Head of Investor Relations and Global Head of IR. In the time Henry Gareth worked at Fortress he was able to raise capital for the company’s real estate investment vehicles, hedge funds, private credit and private equity. His job included communicating with investors from Asia, Europe, the Middle East and the US. By the close of his time at Fortress Investment Group he was managing a $4billion hedge fund.

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By the time Gareth turned 32 he had gained over 10 years of experience in the investment business. He went on to join Angelo Gordon a company that manages more than 26 billion in credit investments, private equity and real estate. The company offered him full partnership obviously recognizing that Gareth Henry was an experienced executive with global investor relations experience.

Mr Henry has been described as always in motion and he is a believer that activity creates opportunity. He credits his success to his constant determination to understand clients and satisfy their needs. He, therefore, gives a generous amount of time calls and in-person meetings with them. Gareth Henry believes that if one loves their job then they ought to give as much time as possible to it which is what he does.

About Gareth Henry

Gareth received his education at Heriot-Watt University where he got his degree in Actuarial Mathematics and statistics. He worked at Schroders in the position of director, then went on to Fortress Investment Group where he worked for 8 years before moving on to Angelo Gordon. Read more on https://www.garethhenry.com/