Randal Nardone, Seasoned Private Equity Executive

On the Forbes list of billionaires for the year, 2007, Randal Alan Nardone was ranked number 557. Randal is Co-Founder, Principal and Director of Fortress Investment Group. He earned his undergraduate degree from University of Connecticut and received his professional legal degree (J.D.) from Boston University School of Law. Long before achieving billionaire status as an entrepreneur; Randal was honing his legal skills and fine tuning his business acumen through working for others. After earning his law degree, his started a legal career with the New York law firm, Thacher Proffitt & Wood. He would later become a partner before transitioning into the investment arena; working for two prestigious firms, Blackrock Financial Management and UBS Switzerland.

Fortress Investment Group was formed by Randal Nardone and four other partners in 1998. The firm deals in alternative assets, real estate investments and closed end funds. In two decades as a business entity, the investment company has reached many milestones; but perhaps none more important than becoming the first US private equity firm to be publicly traded on the New York Stock Exchange (NYSE). Fortress has created separate business legs, these include Fortress Registered Investment Trust, and Fortress Credit Corporation. Randal is also the Principal and Director of Fortress Registered Investment Trust. This is a closed end fund (CEF) created in 1999. Randal Nardone’s career earnings after the public shares were traded reached $1.8 billion. He played a pivotal role in the acquisition of Fortress Investment Group by SoftBank. Nardone reflected on the strategic developments, he said that any type of deal that can be made as private equity firm, increases share dividends also referred to as stock dividends.

Because this attracts new investors, which Nardone says will help drive new business since private investments are slowing down. The $3.3 billion deal with SoftBank was “the right move” at the precise time.Essentially, SoftBank purchased Fortress Investment Trust shares at $8.08, which was considerably higher than their NYSE value of $5.83. The deal offered solid footing for Fortress moving forward with positive developments. SoftBank will add assets to the firm. Randal Nardone is also credited with being instrumental in avoiding acquired assets before the real estate collapse. He lead his firm into investments that were prospering, despite downturns in the economy. Fortress Investment Group purchased commodities such as railways, ski resorts and casinos. Areas that weren’t affected by the subprime borrowers.

Meet Igor Cornelsen, Brazilian investor advisor

In a sub-section of the banking world where most banks are struggling along with their respective local economies, how is it that two banks in particular are doing so well? The answer may very well be found in an experienced, long-running Brazilian banker and investor by the name of Igor Cornelsen. Two private banks based in Brazil, Banco Bradesco (BBD) and ItauUnibanco (ITUB) have him to thank for their profit increases as well as one-third rise in shares that took place during 2014. With profit increases of 28 percent (Bradesco) and 36 percent (ItauUnibanco), Cornelsen’s influence and abilities should not be underestimated. See more of Igor Cornelsen at resumonk.com

Igor Cornelsen’s first piece of advice to struggling Brazilian banks is to streamline efficiency and cut costs at the same time by working with borrowers who have truly proven themselves worthy of having credit extended to them. From a consumer standpoint this will no doubt cause a lot of frustration, but giving banks the opportunity to get back on their feet financially means they in turn will be better equipped to financially back their struggling countries – in this instance, Brazil. And, as Cornelsen was quick to point out, consumers with lower credit scores or simply less desirable credit can still work with public sector banks, rely on their own cash, stocks, and bonds, or put business plans on hold until a better time. At the same time, Igor Cornelsen advises, Brazil’s own government would do well to pass and implement market reforms in order to give investors a sense of security. Secure investors means prospering banks, which in turn can mean a better-prospering economy.

Cornelsen’s experience in banking and investing comes from both passion as well as time spent in the field. With a knack for investments and general money management, Cornelsen traces his start to several senior positions at multiple leading banks in Brazil. Despite retiring “officially” in 2010, even today Igor Cornelsen can be found giving advice to others on banking, investing, and managing stocks in Brazil, or doing one or two or all three himself. Read more: http://igorcornelsen.wikidot.com/

 

Matt Badiali: Why Freedom Checks Represent an Important Investment

The government of the United States has created significant incentives for corporations in the oil and natural gas industry to create profitable investments for everyday Americans. There are two purposes behind this. One it is in the best interest of the United States of America to create as much of their oil and natural gas domestically as possible in order to push America closer to true energy independence. Second, having a strong oil and natural gas industry can help to strengthen the overall economy of the United States of America. Visit stockgumshoe.com to know more.

Matt Badiali discovered a unique investment as a result of researching the oil and natural gas industries. In the 1980s Congress passed a key piece of legislation that was designed to help incentivize American companies to further develop the oil and natural gas sectors of the American economy. This legislation is known as Statute 26-F, and it is hugely important to understand the implications that this legislation has on these industries. Matt Badiali first became aware of the unique importance of this legislation when he was undertaking a project that involved researching potential investment opportunities in the natural resources of the United States of America.

Statute 26-F created a new tax classification that corporations which operated within the oil and natural gas sectors of the US economy could qualify for. This tax classification is known as a master limited partnership. If a corporation was able to qualify to operate as a master limited partnership, there were huge tax incentives. Namely, the complete elimination of any tax liability that the corporation might have. This is almost unheard of in the United States, and it is obvious why this is important. Learn more: http://releasefact.com/2018/03/can-matt-badialis-freedom-checks/

For a corporation to be considered a master limited partnership, they must be able to provide proof that 90% of their income is derived from the processing, production, storage, and transportation of oil and natural gas domestically within the United States of America. In addition, the Corporation is also required to periodically payout a portion of the revenues that were generated by the company to its shareholders. These payouts are considered returns of capital and as such are only subject to capital gains rate of tax which is much lower than personal income tax rate. Matt Badiali quickly created a video which has since gone viral whenever he discovered this investment. In this video, Matt Badiali refers to the investment as Freedom Checks. Watch this video at Youtube.