Archive for the ‘Investment’ Category

A Profile of Executive Michael Nierenberg

Saturday, January 19th, 2019

Michael Nierenberg is the Board Chairman, chief executive officer and President of the real estate investment trust firm known as New Residential Investment Corp. In May of 2016, he was appointed to be the Chairman of the Board. Three years prior in 2013, Michael was named the chief executive officer and President. Prior to becoming the top executive of New Residential, Nierenberg was the top executive and head of global mortgages at Bank of America Merrill Lynch. Michael joined Bank of America in 2008 after leading the global securities division at JP Morgan. He has also been the managing director of an investment bank. During his career, Michael has also held a number of senior leadership positions at firms such as Bear Stearns.

Throughout his career, Michael Nierenberg has held a number of top positions in the mortgage and finance industry. One of the most common positions he held was when he managed the department in charge of global mortgages and financial securities. At this position, he was responsible for managing and overseeing mortgages and other debt financing arrangements. He would work with clients and offices all over the world. While serving at this position, he was able to provide sound leadership as well as direction on how to manage this particular department. With this experience, he was able to move on to other key leadership positions.

Another position that Michael Nierenberg has held was overseeing the department that managed interest rate and foreign exchange trading. This position consisted of managing and overseeing operations pertaining to revenues received through interest payments. It also included overseeing transactions pertaining to trading of foreign currencies. The position would allow Michael to get more experience in key financial operations at investment banks and financial services firms.

One of the most notable positions that Michael Nierenberg has held during his career is as part of the director board. He served at this position when he was still working at Bear Stearns. While he was a part of this group, he would provide leadership and strategy for the firm to reach its various goals. He was also a member of Lehman Brothers and was responsible for helping the firm build its business of providing adjustable rate mortgages.

Learn More: www.newresi.com/contact

New Residential Investment Corp: A Company Investors Should Keep Their Eye On

Friday, January 18th, 2019

New Residential Investment Corp is a company that focuses on investing and managing real estate properties. Their main goal is to find lucrative properties that would allow its investors to reap the rewards of beneficial dividends through the process that they implement. New Residential Investment Corp was once a subsidiary of New Castle Investment Corp until May 15, 2013 when they became a separate publicly-traded entity. Since then, the company has grown over the years by taking advantage of the economics of a struggling mortgage market that had soon managed to rise back up over time.

New Residential Investment Corp has taken notice to the pressure that is being put on banks as of late. 74 percent of MSRs(mortgage servicing rights)are owned by banks but due to capital reserve requirements under Basil lll. As the banks sell more MSRs, New Residential Investment Corp sees a great business opportunity to participate through co-investments in the excess MSRs. Another service they provide is for Servicer Advances. Servicer Advances are loans extended by servicers that cover the missed payments of the homeowner. The purpose of the advances is to provide liquidity instead of credit enhancement.

The investment company also plans on investing in residential mortgage loans. They believe there are opportunities by investing in portfolios of both non-performing, performing, re-performing,and reverse mortgage loans. Their goal is to acquire these loans at a discount price and resolve the loans at a higher valuation. The company also deals with consumer loan portfolios. On April 1, 2013 the company acquired HSBC Finance Corporation. They invest alongside Springleaf Finance Inc. along with another third party. The total purchase price for the portfolio was 3.0 billion dollars including closing costs, fees and adjustments. To this day, New Residential Investment Corp still owns shares in the company after several deals were made to create profit.

A Look at Jeunesse Global Products

Friday, January 18th, 2019

Jeunesse Global is a direct sales marketing company that specializes in youth enhancement products, fitness supplements and skincare formulas. It is a private enterprise that is led by visionaries Randy Ray and Wendy Lewis. Founded in 2009, Jeunesse Global has become a leader in the beauty and fitness direct selling industry. Their product lines are sold through their global partners who are located all over the world.

Nevo is Jeunesse Global’s energy drink. It comes in a range of flavors including Acai Grape, Lemon Ginger, Peach Mango and Mixed Berry. Featuring only 50 calories per can, Nevo is free of artificial colors, flavors and sweeteners. The key ingredients are green tea, guarana and yerba mate. Guarana is a Brazilian herb that contains natural amounts of caffeine, which gives Nevo its energy booster. Each can contains a plethora of vitamins including C, B3, B5, B6 and B12, which ensure a healthy experience.

Reserve is another health drink from Jeunesse Global. It is a heart-healthy supplement that features a blend of five super-fruits including pomegranate, blueberry, dark cherry, acai and grape. Reserve also contains resveratrol, aloe vera, green tea and grape seed extracts that provide antioxidant support for the body. Like Nevo, Reserve contains no artificial colors, flavors or sweeteners. Intended to be used one to two times daily, Reserve is part of the Y.E.S. Youth Enhancement System.

Another product in the Y.E.S. system is Zen Bodi. It is a weight management system that offers several different packages to fit the goals of its users. Zen Bodi features Detox, Ignite and Thrive phases that span eight weeks of weight management. The Transform package contains each of the phases as well as a shaker bottle, pill box, tape measure and guides to each of the phases. Other Zen products include Zen Fuse, which is a protein shake that contains five strains of probiotics and Zen Fit, a fruit punch containing vital amino acids.

https://www.youtube.com/user/JeunesseGlobal

A Summary of Louis Chenevert’s Career Life

Monday, December 3rd, 2018

It is important that we leave a mark everywhere we go. This is not possible unless we are committed and clear about our goals. Louis Chenevert was able to create his legacy in UTC for the eight years he served as President and Chief Executive Officer. Many questions came from his exit from the firm because he left at a time when UTC was experiencing great success as a result of his input.

However, it was confirmed that they were no disagreements that led to his retiring. He only wanted to have more time to focus on his family and interests. He is currently working as a financial advisor at Goldman Sachs.

Before joining UTC, Louis Chenevert had been in the corporate world for two decades. His experience in the other firms contributed to his intelligence and innovation. Before joining UTC, he was the President of the Pratt & Whitney. Here, he held the president position that he acquired six years after joining the firm. This was not the first place he worked. After successfully graduating with a degree in Production Management at HEC Montreal, he got a job at General Motors. He worked in the firm for over a decade. In General Motors, he learned the basics of running a business. He enjoyed multiple promotions in the company. He was the General Production Manager before he left the firm.

Despite all this success, the most discussed is his reign at the United Technologies Corporation. He improved the share value of the firm with 200%. He also made it the highest profit making in the USA through the acquisitions that he made for the firm, leveraging it.

The former UTC CEO says that one thing that led to his great accomplishments is working with a talented team. He says that you can only perform as great as your team can deliver. He mentions that relentless focus also helped him achieve his goals.

When we dig into our past, we always have one thing we would love to do differently. Louis Chenevert says that he could handle the internal politics cautiously. He says that they are always two groups in every firm, those who are aligned with the agendas and the naysayers. Focusing on the latter blocks one from accomplishing their goals.
https://affiliatedork.com/how-former-ceo-louis-chenevert-helped-utc-become-a-global-force

Southridge Capital Executive Discuss Retirement and Investment

Thursday, October 4th, 2018

Southridge Capital Financial Solutions, LLC., recently published a series of interviews conducted with the firm’s chief executive officer, Stephen Hicks. Hicks has become known for founding this private equity firm and helping it to become one of the most successful investment firms in New England. During an interview, Hicks emphasized the importance of retirement in the lives of investors and mentioned several ways that venture capitalists and investors can utilize earnings now to prepare themselves for the future.

 

Invest in a solid IRA.

According to Hicks, a good investor will always ensure that there is an IRA established early on in his career for the future benefit of his family and their security. IRAs are retirement investment accounts that allow the account holder to invest in the account without paying taxes for financial growth. Depending on the sort of IRA opened, account holders can accrue interest that can double the amount in the investment account over time.

 

Find a reputable financial manager.

Hicks also discussed the importance of gaining access to good financial advice. Southridge suggested that all investors find a reputable financial manager for both business and personal finance accounts.

 

Make more risky investments in your youth.

Hicks discussed the benefit of making riskier investments but stated that these investments should be taken advantage of toward the first half of an investors career. As the investor moves toward retirement age, the focus of his career should be to maintain success and avoid riskier dealings.  For more details you can checkout bloomberg.com

 

 

Fund your retirement in full.

Another of Hick’s suggestions for investors considering retirement was to completely fund retirement accounts in a relatively short amount of time. Funding the retirement account within the first 20 years of earning, for instance, frees up the investor to make more difficult decisions with regard to private equity.  To see more visit southridgeholdingsllc.com

 

Understand the limits of your IRA.

Hicks also exhorted investors to fully understand their own IRA limits and regulations. Investors can face harsh financial consequences for using IRAs in ways that are not appropriate. Finding a financial advisor to walk through the account details is advisable.

 

In addition to retirement and investment, Hicks discussed ways that investors could increase odds of success in the venture capital industry and expressed his hope that businessmen would continue to press forward through trials.

 

Reference: http://releasefact.com/2018/03/southridge-capital-major-player-financial-services/

 

Anil Chaturvedi, Bringing the World Together Through Banking

Thursday, July 12th, 2018

Originally from India, Anil Chaturvedi began his career at the State Bank of India after receiving his MBA at Delhi University. He then moved to New York City to pursue an opportunity at that branch of the State Bank of India. During that time, he was able to increase their revenue by 500 million in four years. This got him noticed, earning him the title Man of the Year at the State Bank of India.

 

Anil Chaturvedi eventually ended up joining Merrill Lynch, where he was able to bring in business from Indians living abroad. He worked there for 17 years, earning much respect from the elite in the global banking industry. He worked as a private banker in charge of wealthy clients from throughout the United States, India, Asia and Europe. As one of the top financial advisors working there, he became a member of the exclusive Circle of Champions.

 

Eventually, Anil moved on to work as the managing director at Hinduja Bank in Geneva, Switzerland where he worked with businesses. With his global knowledge of the banking systems, he was able to facilitate mergers and acquisitions, capitol loans and funding for new businesses. He brought together investors and companies from across the world to work together in a profitable environment. Anil was also able to provide investments in tech startups in India. Even after so many years in the business, he was always keeping an eye on new companies, strategies and partnerships.

 

Along with his wife Kiran, he started an organization called Kiran and Anil Chaturvedi Foundation, Inc. This venture donates funding to several international charities as well as inspiring the public to get involved in volunteering for various charitable causes.

 

Even with over 40 years in the global banking industry, Anil Chaturvedi is still working and learning and innovating partnerships on a global scale. With all of the intricacies of banking rules and protocols throughout the many countries, he is a man who can be trusted to follow through and do things properly.

 

https://hitechchronicle.com/2018/06/fintech-and-disruption-of-banking-industry-anil-chaturvedi/

Shervin Pishevar: The Iranian-American Business Mogul

Tuesday, May 22nd, 2018

Pishevar is an Iranian-American entrepreneur .He was born in the year 1974 in the Iranian capital of Tehran. Shervin Pishevar had two parents. His dad was called Abraham Pishevar and his mum Eshrat Pishevar. The family of Shervin Pishevar migrated to the US when he was a young boy. His father, Abraham, was the first to relocate to the United States. Abraham was an employee at a local radio and television station in Tehran, Iran. He worked as an executive manager. Everything went smooth until one day when his name appeared on the Ayatollah Khomeini’s execution document. Abraham together with other colleagues were extremely shocked and overwhelmed.

Abraham was accused of broadcasting information and instructions that could aid people to leave Iran to other foreign nations. He planned and managed to relocate to the United States. When he arrived in the US, he worked as a Cab driver. Abraham Pishevar operated at Silver Springs, Maryland. After eighteen months, Abraham was joined by his family that had been left in Iran. For another few months, he still worked as a taxi driver. He managed to work and study at the University of Howard. There, Abraham pursued a PhD in Mass communication as he had already done a masters back in his home country, Iran.

Abraham’s son, Shervin is a celebrated businessman. He is a recognized philanthropist. Moreover, he is a super angel investor and a venture capitalist. Shervin Pishevar is the former executive chairman and co-founder of Hyperloop One Company. Additionally, Shervin was also a managing director and a co-founder of a company known as Investment company. The venture organization has invested in other firms like Munchery, Airbnb and Uber.

Recently the entrepreneur worked as a managing director of Menlo ventures .Being a super angel investor, he had invested in more than 61 companies. Shervin Pishevar has led several investments like Tumbrl, Uber series b, Warby Parker and Machine zone. From the year 2011 to 2015, Shervin Pishevar served as a board advisor for the Company, Uber. He is still a strategic advisor and an investor in the company. Also, Shervin Pishevar has founded technology related companies like SGN, WebOS, Webs.com and Hyperoffice.

https://hyperloop-one.com/team