Long House Studio

Wes Edens Sees No Difference Between Business And Sports Ownership

The Fortress Investments founder, Wes Edens has been expanding his interests in the sporting sector since 2014 as he looks for new ventures to excite him. Edens has been looking to develop his interests outside the business which made him an estimated fortune of at least $930 million. An acclaimed philanthropist, Wes Edens is always looking to find new areas of interest for himself and his business partners, such as the London-based Egyptian billionaire Nassef Sawiris. After buying the Milwaukee Bucks NBA franchise in 2014, the contributor to the William J. Clinton Foundation recently purchase a 55 percent stake in the historic English soccer club, Aston Villa.

For more information about Wes Edens, visit his crunchbase profile

Much like his purchase of the Bucks in 2014, the decision to buy Aston Villa came about because of the love the former champion skier has for soccer. Unlike many investors who simply look at soccer as a solid sports investment, Wes Edens has been an avid fan throughout his life which led him to attend every FIFA World Cup for the last 20 years. Although his knowledge of Aston Villa was limited, Edens has been impressed with what he has seen at the Birmingham-based team so far. During a recent interview, the former head of Blackrock Financial Management compared the Victorian era Villa Park Stadium still used by the Villains to Fenway Park.

After purchasing the Milwaukee Bucks franchise in 2014, Wes Edens admits the learning curve was steep but he approached the NBA as he would any business opportunity. One of the keys to leading the Bucks to greater success has been the ability of Edens to hire top talent for the team to lead them to glory. Perhaps the biggest achievement in sports of Wes Edens has been the construction of the new arena in Milwaukee for the Bucks to play in. Persuading the local government of Milwaukee to subsidize the construction of the arena was based around the business of making an investment for the future. Edens explained a top arena costing $200 million of taxpayers money would lead to taxation on employees of the franchise reaching over $1 billion in the coming years.

Visit Wes Edens on Youtube: https://www.youtube.com/watch?v=O51VtMJzMgU

 

Doe Deere Worked Hard To Make Her Dreams Come True Despite The Hardships She Endured

Doe Deere was born in Izhevsk, Russia as Xenia Vorotova. She was obsessed over the English language and American culture due to movies, magazines and music. When she was seventeen, her family moved to the United States to find a better life. They came to New York City in 1998 when the population exceeded 7.4 million. The family quickly leaned they could not survive with their life savings and work ethics. Her mother worked as an accountant in Russia, but she needed her education records. The transfer was taking a long time. Doe Deere watched her neighbors cats and walked dogs while her mother cleaned apartments.

The family of three moved into a homeless shelter when they were down to their last $7.56. They spent six months in a tiny room with no kitchen and a single bed. They went to the church every week for pantry foods and free meals. This was when Doe Deer started dreaming of becoming a fashion designer. In 1999, they were introduced to a non-profit organization called Sanctuary for Families by a social worker. The organization assisted female immigrants who had fallen on hard times. Dorchen Leidholdt was the attorney who helped her mother get a job as an accountant and got Doe Deere into the Fashion Institute of Technology.

In 2000, they moved to the Lehman Projects in East Harlem. This was a dangerous area but they had their own kitchen and separate rooms. Doe Deere believes the hardships taught them to stick together and made them more resilient. Xenia Vorotova became Doe Deere towards the end of the 2000’s. She founded a cosmetic company called Lime Crime in 2008. The company was successful and inspired women to express themselves. Doe Deere still works hard to pursue the American Dream. She knows her life would not have been possible without the help her family received when they were vulnerable. She worked for a beautiful home, a successful business and her family.

Doe Deere understands many Americans began as immigrants. They left their home countries to pursue a better life. She believes these are some of the people who contribute to the greatness of America.

https://www.famousbirthdays.com/people/doe-deere.html

Louis Chenevert Retired as a Rich CEO

Canadian Businessman Louis Chenevert is a retired chairman and CEO of the United States’ United Technologies, a private defense company. The company makes airplanes and builds buildings too. Chenevert worked with the company for twenty-two years. Chenevert’s hard work ensured that United Technologies stayed in the United States. During his tenure, the company purchased Goodrich, the division which makes planes. United Technologies became the biggest investor in International Aero Engines.

 

Chenevert left United Technologies after a very successful career. He placed #101 on the Forbes list of CEO Compensations. He earned $15.33 million dollars for his total compensation and $75.78 million in a five-year compensation offer. Other reports state that Chenevert left United Technologies with $195 million in stocks, reimbursements, and a pension. In total, he is worth $430 million dollars, which placed him the fifth richest CEO in the United States, tying with John T. Chambers, CEO of Cisco Systems.

 

 

Chenevert attended college in Montreal at the Hautes Etudes Commerciales. He was in the class of 1979 and earned a Bachelor of Commerce Degree in production management. In 2005, he earned a fellowship at the American Institute of Aeronautics and Astronautics. Chenevert also sits on philanthropic boards. He is a member of the roundtable at the Executive Committees of the Business Roundtable and chairs a few divisions for the roundtable. Chenevert is the chairman of the Yale Cancer Center and serves on the board of the Congressional Medal of Honor Foundation. He also serves on the board of directors at Cargill.

 

Before United Technologies, Chenevert served as the President of Pratt & Whitney Company, Inc., which is part of United Technologies. He also served as a production manager at General Motors in Canada. Currently, he is an exclusive advisor of the merchant banking division of Goldman Sachs. He lives in Hartford, Connecticut and has a Twitter page.

 

http://www.utc.com/News/News-Center/Pages/UTC-Chairman-Chief-Executive-Officer-Louis-Chenevertrecognized-with-the-Publi.aspx

Lime Crime Founder Doe Deere is an Inspiration

Beauty gurus know the name: Lime Crime. This cosmetics line is known not only for it’s vegan-friendly, cruelty-free formulas, but also for it’s vibrant, striking color palettes, and its fierce, determined founder, Doe Deere.

 

Doe Deere’s determination was instilled into her at a young age. Born Xenia Vorotova in Russia, she adopted the moniker “Doe Deere” in 2008 right before the launch of her company as a young entrepreneur. Becoming a business owner at the age of 27 wasn’t something that Deere was handed — it was something that she worked tirelessly for and never gave up on.

 

Deere’s story is one of fierce perseverance, strong work ethic, and the desire to succeed. She is an inspiration to people all over the world. She is an example that the American dream can become a reality.

 

Young Xenia Vorotova was only 17 when her mother announced that she would be moving Vorotova and her sister to America in hopes of starting a better life. Vorotova had spent countless hours reading American magazines and watching American television and movies. Moving to America was a scary, but exhilarating experience, one that Vorotova had dreamed of for years.

 

Upon their arrival in America, trouble struck. Vorotova’s mother had issues with her immigration paperwork which made finding a job nearly impossible in her field. As a result, she had to work odd jobs, such as house cleaning, in order to make ends meet for herself and her girls. Vorotova watched her mother work hard and she, too, knew that she had to work hard as well.

 

Despite her mother’s hard work, it was hard to make it in the Big Apple and Vorotova and her family ended up living in a homeless shelter. It wasn’t ideal by any means. The three petite women had to share a single bed in a tiny room. For food, they had to go to their local church. It was hard, but they were together. They never complained.

 

At the homeless shelter, a social worker put Vorotova’s mother in touch with a local non-profit. This non-profit, Sanctuary for Families, helped Vorotova’s family beyond measure. With the leader’s guidance, Vorotova was able to attend the Fashion Institute of Technology and her sister was able to attend Columbia University. Shortly thereafter, they even had a place of their own.

 

By the time Vorotova turned 27 — ten years after they landed in America — she chose the name “Doe Deere for herself and launched her own business called Lime Crime.

 

Today, Lime Crime is a well-known beauty brand that is near and dear to many. Doe Deere has created a brand that not only helps individuals look and feel beautiful, but also inspires them to be unapologetically themselves and to never give up. Deere’s story is one that so many can look to and be inspired by.

 

https://www.prnewswire.com/news-releases/lime-crime-founder-doe-deere-reassures-fans-speaks-out-on-decision-to-sell-company-her-new-role-and-exciting-future-plans-300683887.html

Stream Energy’s Many Philanthropy Efforts

Stream Energy is a provider of energy, wireless, protective and home services. Stream Energy provides electric and gas services in seven states and Washington D.C. All other services are available nationwide. Stream Energy not only provides useful services across the nation, they are also committed to giving back to the community as corporate philanthropy is part of the company’s DNA. In early 2018 when Hurricane Harvey devastated many communities in the Houston area, Stream Energy’s Stream Cares program selflessly used money earned from its energy sales to be one of the first companies to fund the recovery and ease the financial burden of its own customers. This effort earned Stream Energy to be featured on Patch.com. Stream Energy doesn’t only give back to the community during emergencies like natural disasters. They are affiliated with many organizations like Habitat for Humanity and the Red Cross. Stream is also deeply invested in homelessness in the Dallas area keeping a close eye on homeless rates. Stream partnered with Hope Supply Co. to provide entrance and meal costs for over 1,000 North Texas homeless children at the annual Splash for Hope. The Splash for Hope event brings homeless children away from the stresses of life to a local water park and provides them with fun for the day. Partnered with Hawaiian Falls Water Park Stream is able to give each child a pair of flip-flops, a hat, and a nice picnic lunch. Stream has worked with Hope Supply Co. for more than four years. Stream has proven to be a selfless company devoted to giving back and empowering the community. Playing a distinct role in the Dallas and Texas area by combining associate passion, corporate generosity, and a devotion to help those around them. Stream doesn’t just provide customers with affordable electricity and connected life services. They also provide hope to those in need.

https://globenewswire.com/news-release/2013/04/09/537005/10027902/en/Stream-Energy-Expands-Service-in-Pennsylvania-and-New-Jersey.html

OSI Food Solutions Is A Company That Processes Food Products

Recently, the food processing company called OSI Food Solutions bought a food processing plant that is located in the city of Chicago, Illinois. The food plant that the company acquired is also used as a food storage warehouse. Tyson Foods was the previous owner of the food plant that OSI Group recently purchased. OSI Group has a plant in Geneva, Illinois, which is located near their newly acquired plant in Chicago.

OSI Group is a large food-processing company and they have a number of food-processing plants that are located in a number of states. In addition to their plants in Illinois, the company also has food-processing plants in Iowa, Utah, Wisconsin, and California.

When OSI Food Solutions bought the former Tyson Foods plant in Chicago, they also hired many of the people who used to work at the plant. OSI Group looks for employees who are interested in working in the food industry and who are hard workers. The company wants to hire workers who want to help OSI Group continue to be a company that delivers high-quality food-processing services to their clients. The company continues to try to be a company that has a challenging and rewarding environment for their employees.

OSI Food Solutions has done a lot of work in the area of food processing. They have done a lot of work processing a variety of foods such as beef products, pizza products, pork products, vegetable products, and poultry products. The pork products that OSI processes include bacon products like bacon bits and bacon strips. Some of the other pork products that they process include roasted pork, pulled pork, and pork hot dogs. The beef products that OSI processes include beefsteak, beef hot dogs, burgers, meatballs, and meatloaf. The pizza products that OSI processes include pizza crusts, breads, pepperoni, and fresh dough. The vegetable products that OSI processes include onions, corn, tomatoes, lettuce, and cucumbers. The poultry products that they process include turkey products, breaded poultry, poultry patties, poultry strips, and poultry nuggets.

OSI Food Solutions is a company that tries to continue to offer their clients high-quality food processing services. They have worked hard to build a reputation in the food industry for being a company that knows how to process many different kinds of food. Their company continues to expand. OSI Food Solutions intends their newly purchased plant in Chicago to help them continue to deliver high-quality food processing services.

Read more on Bloomberg

Robert Ivy Wins the Noel Polk Lifetime Achievement Award for a Lifetime of Excellence

Robert Ivy, the CEO of AIA, is known for his tireless efforts to inspire sustainable architecture. Sustainable architecture and buildings are friendly to the environment. For his lifelong commitment to the field, he received the Noel Polk Lifetime Achievement Award. Visit on his twitter for more updates.

The award goes to individuals connected to Mississippi and who are artists or art patrons. His award is a unique honor because he is the only architect to receive the award. Past award honorees include Morgan Freeman, Shelby Foote, and Eudora Welty.

The American Institute of Architects seeks to offer support for architects in the areas of career advancement, adherence to building codes, the business of architecture, matters that deal with design, global practices, sustainability, project delivery, and procurement.

Robert Ivy shares the title of Master Architect with a number of iconic people in the world, and he belongs to a number of notable fraternities and organizations. Ivy earned his BA in English from Sewanee. He was awarded his master’s degree from Tulane University. Ivy also served in the U.S. Navy with an officer’s rank.

Robert Ivy has also been instrumental in helping create a strong collaboration between a number of construction and building industries. This has enable idea sharing that might not have otherwise occurred. Thus, the issues of technology and science are now more practical in the field of architecture.

Robert Ivy has also put in place the practice of enabling architects to qualify in different fields. Tomorrow’s architect will have to know more and be able to work with professionals in a variety of fields to create more sustainable architecture. So, there is a different standard required of architects heading into the near future. The Noel Polk Lifetime Achievement Award is one of many such awards received by Ivy. It honors the life of a man who will add to his accomplishments. Check: http://architecture.tulane.edu/alumni/profile/robert-ivy-faia 

 

Shervin Pishevar Responds to a Drop in the Stock Market

Even the sleepiest bear can be awakened from hibernation if there is a loud enough bang. It seems like this is what happened with Shervin Pishevar. His Twitter account was quiet from mid-December to early February 2018. Then, all of a sudden, he let loose a Twitter storm that included 50 tweets. Most of the tweets had dark predictions for the US economy.

Many know Shervin Pishevar as a super angel investor. He was a cofounder and managing director of the venture capital fund Sherpa Capital. The last tweet that he sent out in mid-December 2017 was to announce his resignation from this fund. This fund invested early in companies like Munchery, Uber, and Airbnb. He is also one of the founders of Hyperloop One.

So what got Shervin Pishevar all shook up? His tweets came in response to one of the most stomach-dropping drops in the stock market in recent history. He says that things are going to get worse before they can get better. In fact, he predicted that the stock market will go down another 6,000 points in the coming months.

About halfway through his 21 hour tweet storm, Shervin Pishevar started to discuss Silicon Valley. This is where he got his start. He says that it is no longer a physical place. Now, it is an idea that has gone viral. He mentioned that entrepreneurship is a movement and is borderless. This is something that is beneficial for other countries. He actually gave an example of a team in China who was able to build an entire train station in just nine hours. However, this idea of entrepreneurship being borderless is not something that Shervin Pishevar sees as being good for short-term domestic economic growth in the United States.

Another concern that Shervin Pishevar raised has to do with giant companies in the United States. He feels that big companies like Google, Microsoft, and Apple are built on monopoly frameworks. He says that they will fall, as they should. The fact that they are able to buy small startup businesses is not good for growth in the US.
http://www.businessinsider.sg/shervin-pishevar-strange-21-hour-tweet-storm-2018-2/

The Short-Seller Guru

The current bull market in US equities is one of the longest on record. Investors who had been successful in the past shorting stocks have not had as many opportunities with the market looking as though it could rise forever. There are numerous investors who understand the shifting dynamic in the short selling industry. The New York Athletic Club held a conference in early May addressing many of the changes investors face. One of the key speakers at the conference was Sahm Adrangi. He made a reputation for himself in the industry by transforming Kerrisdale Capital from a $1 million-dollar company to one that manages $150 million in assets. Sahm Adrangi also distinguished himself by shorting several fraudulent companies based in China. In the conference he addressed the crowd about Ad Fraud Opportunities. Sahm Adrangi is proof that even if it appears the market will go up forever, there are always opportunities to short if an investor knows what to look for.

The fundamental workings of Sahm Adrangi’s speech were how investors could identify connections between fraud and short-term market prospects, knowing how ad fraud affects the market, and the due diligence of the investor needed to spot these short selling opportunities. Being able to recognize these occasions before they occur give investors a chance to short-sell these securities.

The conference was intended to put emphasis on the specific distinctions in short selling that are often ignored by investors. The managers pointed out that the current bull market in equities has been extremely difficult for investors seeking opportunities to short the market. The conference held valuable information for these individuals.

The short sellers conference has become an extremely expected occasion for those who are working on Wall Street. The turnout for the conference was high because of current market conditions, the evidence that many opportunities to short-sell securities are unnoticed and developing a better system to short-sell.

 

https://thehedgefundjournal.com/sahm-adrangi/

Randal Nardone’s Success as the Co-Principal of Fortress Investment Group

Randal Nardone’s Success as the Co-Principal of Fortress Investment Group

Randal Nardone is among the few executives at Fortress Investment Group to succeed in steering growth in the service industry. He is the co-founder of the firm and has remained valuable in the in-service sector over a period of 30 years. His excellence at the company is associated with great performance and dedication.

His role at Fortress Investment Group

While staying at Fortress Investment, Randal Nardone has been able to transform the company towards excellent performance. The firm constitutes different subsidiaries which majorly meet the needs of financial service-related clients. Randal Nardone has been the principal and co-founder of the company’s Credit Corporation, the COO, and the CEO of the firm’s Investment Fund. He also played a critical role in the establishment of the Registered Investment Trust in which he serves as the secretary, the COO, and the Vice president. And because of his commitment and experience, he has been able to hold several positions at the company.

His successful career

One of the reasons that have made Randal become very successful is the fact that he is able to create connections with experts in several investment professions in which he shares ideas regarding investment opportunities. Under his leadership, he has utilized his experience and knowledge to ensure that Fortress Investment Group remains in the top position in the competitive finance industry. The firm has been able to win a couple of awards including the Management Firm of the Year which was given by HFMWeek, the Credit Focused Fund of the Year, among other awards. Furthermore, the company has been able to make successful acquisitions which have enabled it to witness tremendous growth including its merger with Softbank.

About Randal Nardone

Randal has a rich educational background that has impacted his investment career. He attended the University of Connect where he graduated with a bachelor’s degree in Biology and English. He later went for his master’s program in law at Boston University. After graduating, he joined Thacher Proffitt and Wood as a partner and an executive member but later changed his career to the financial industry. He then decided to join Blackrock Financial Management to showcase his skills in investment. In 1997, he joined UBS as the Managing Director, and from there he became the co-founder of Fortress Investment Group. Fortress Three Top Executives Split $44 Million Bonuses In 2015