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Private equity firm, HGGC announces six promising new hires

The middle market private equity giant, HGGC recently announced that it’s adding six promising new hires to its management team. The hiring move is part of the firm’s new strategy to promote its current growth trajectory to even greater heights. The new hires are supposed to help the firm successfully develop and execute the firm’s investment strategies. Additionally, they are expected to foster the firm’s portfolio through value addition. The main departments at HGGC that will benefit from these new hires are the operations, financial and investment departments.

The promising six

This middle market private equity firm hired Colin Phinisey as its new Principal. In his new role, Colin will be responsible for the firm’s capital market efforts in its entirety. Colin has a lot of experience in the technical capital market transactions. He is one of the leading experts in mergers and acquisitions, leveraged buyouts and debt financing.

Christopher Guinn is the new Executive Director. At his new position, Guinn’s focus will be solely on improving HGGC’s portfolio. Before joining this private equity firm, he worked at Atrium Corporation as its Chief Financial officer.

Zachary Adams was also hired to this middle market private equity firm. He worked at Boston Consulting Group before this recent appointment. Adams also worked at Merrill Lynch as its Market Risk Analyst.

William Spector was working at Mckinsey & Company as the Corporate Finance Business Analyst before being hired to HGGC.

William Malanga held the position of Investment Banking Analyst at Credit Suisse’s Financial Sponsors Group before his recent appointment.

Hao Qin worked at Onex as an Associate before his appointment. Onex is among the largest private equity firms in Canada. He also spent some time at Goldman Sachs.

About HGGC

This middle market private equity firm has a cumulative capital commitment of roughly $4.3 billion. This makes it one of the leading firms in this space. HGGC has for a long time distinguished itself from the competition using its Advantaged Investing‘ approach. This approach has allowed the firm to acquire scalable businesses. The firm’s strong bond among its founders, sponsors, management team and investors has enabled it to get this far ahead of the competition successfully.

https://www.marketwatch.com/press-release/colin-phinisey-joins-hggc-to-lead-capital-markets-efforts-and-christopher-guinn-joins-as-executive-director-2018-10-01

Peter Briger: Fortress Investment Group and Debt

Peter Briger joined Fortress Investment Group in 2002 and it didn’t take long for him to become a billionaire. He has remained as an integral figure in the world of handling asset investing. He also spent nearly 15 years at Goldman Sachs. When he began working at Fortress, he handled their credit fund and real estate division. Now, he has enjoyed the role as Co-Chairman for the board of directors and Principal. He has a knack for trading when it comes to those assets no one would care to touch. Over the years, he has found his specialty in distressed debt vehicles. He is credited with co-founding Goldman’s Special Situation’s Group back in 1997. Once he left Goldman and hopped on board Fortess, he impressed many with a striking 4.7 billion raised in a new fund that was called Fortress Credit Opportunities Fund IV. For the first quarter, it showed that Fortress took in nearly 87 percent of new funds. Learn more about Peter Briger at Crunchbase.

Briger still found success when it came to dabbling in what is called the garbage collection of finances regarding bad debt. He was able to bring in a profit from distressed assets mainly from the overall sector of finance. Peter Briger and his associates were lucky to receive huge discounts in risky illiquid assets once regulatory demands changed. His outside work from Fortress includes involvement at Princeton University while sitting on their board of directors. There is also a philanthropic side to Briger who has repeatedly donated to various charities and has had an involvement with Silicon Valley. As of today, Peter Briger is found on the Forbes list ranking as one of the top 400 business executives in America. He has been heavily attached to the Asian market utilizing his time attending the Asian Management Committee. In addition to that, Peter Briger has been the co-head of the Asian Real Estate Private Equity.

Read more: https://www.bizjournals.com/newyork/potmsearch/detail/submission/6455147/Peter_Briger

The Distinguished Career of Deirdre in a Nutshell

Deirdre Baggot, Ph.D., MBA, BSN, is a distinguished bundled payments pioneer and healthcare business strategist who came from being a nurse and resource coordinator at Northwestern Memorial Hospital to bring valuable reforms. She was at the forefront of CMS ACE demonstration at Exampla that led to the bundled payment reforms in the healthcare sector.

With a Bachelor in Nursing from Southern Illinois University, an MBA from Loyola University and a Ph.D. from the University of Colorado, Deirdre Baggot built a noble career bringing changes every step of the way. As a nurse at Northwestern Memorial Hospital, Baggot found herself performing more tests and more diagnostics when finding out what ails a patient. She wasn’t happy with that and as a result, she came up with a checklist which she followed religiously. The thinking behind the checklist has been built on over time to advanced care protocols. Learn more on medicaldailytimes.com

When you look at Baggot’s schedule, you will be perplexed with how busy she is. Despite her busy schedule attending meetings and conferences and working on strategies and ideas, she finds time for family. She values family so much that her passion for healthcare don’t deter her from giving them the care they deserve.

Six years into serving at Northwestern Memorial Hospital, she decided to take her expertise to the University of Michigan Health System to serve as a business analyst as well as administrative manager. Within three years in the organization, she won outstanding leadership in safety award. She also earned Lean/Six Sigma certification. This was a major career booster. She served in several places as a clinician and hospital executive. The career lady has been featured severally in NPR show. She has gained wide recognitions. As a result, she often presides over various prominent conferences. Additionally, she has written exceptional papers on payment reforms and healthcare reforms.

View: https://www.slideshare.net/deirdrebaggot

Brazil’s Waning Economy: What Experts Like Felipe Montero Jens Are Recommending

Both a figurative and literal foundation of most countries, infrastructure plays a paramount role in bolstering economies. This notion rings especially true for Brazil. Unfortunately, Brazil’s fallen susceptible to abrupt and inexplicable halts in construction. As a result, their economy is dwindling. In a recent study conducted by the National Confederation of Industry, Brazil’s pulled the plugged on upwards of 3,000 infrastructure jobs. These impromptu discontinuations are leaving a trail of financial ruin in their wake. Should these adverse trends continue, Felipe Montero Jens, an expert in infrastructure management, forecasts a grim and unprofitable future for Brazil. Read this article at odiario.com about Felipe Montoro Jens

The area most impacted by these construction interruptions is basic sanitation. Highway, railway, waterway, and airport jobs are prone to termination as well. Jens continually advocates for the revival of these projects as Brazil’s savings and economy are becoming increasingly vulnerable to irreparable damage. What’s more, Brazil’s capricious commitments have led to numerous shutdowns. Brazil’s population is suffering from this infrastructure fiasco as well, and they’ll soon pay the price if Brazil doesn’t iron out the glaring flaws in their construction management and financial systems. According to Ilana Ferreira, a member of the National Confederation of Industry, technical issues are the primary culprits for job stoppage.

Fortunately, project specialists have formulated solutions to Brazil’s ongoing infrastructure dilemma. As an attempt to circumnavigate “job paralysis,” experts recommend carrying out micro-planning, improving micro-planning, strengthening internal controls, training programs, and designing equitable contracts. If Brazil doesn’t heed this advice, they’re liable to catastrophic outcomes. José Augusto Fernandes, the director of policy at CNI, strongly urges Brazil to abandon their long-lived methods in hopes that history won’t repeat itself. Though Brazil is currently entangled in economic controversy, they have enough expertise to implement change and reshape their infrastructure landscape.

Check: https://www.baptista.com.br/felipe-montoro-jens-reporta-que-brasileiros-estao-entre-os-mais-insatisfeitos-do-mundo-com-a-infraestrutura-de-seu-pais/

Peter Briger, Fortress Investment Group Principal.

Peter Briger is an accomplished American private equity investor born in San Fransisco, California. He is also a senior principal at the established Fortress Investment Group. He attended the prestigious Princeton University where he undertook his bachelor’s in business administration.Peter Briger later gained admission into the University of Pennsylvania and furthered his education with a masters in business administration. He accumulated essential skills in leadership and finance that turned out to shape his business career.In the year 2002, Peter Briger secured a job at the Fortress Investment Group. He was required to sit in the Group’s management committee. The private equity firm was established in the year 1998 by Wes Edens, Randal Nardone, Robert Kauffman, and Michael Edward. Due to his vital managerial skills, he was elected Fortress’ cochairman together with Wes Edens.

As Fortress’s chairman, he was required to manage the company’s business transactions.Under his leadership, the company became public. He also saw the firm’s employees grow to more than 2700 in number. He also controlled and managed over $75 billion in equity and property investments. The fortress was established with a $400 million in capital investments.In the year 2007, Fortress was enlisted in the New York Stock Exchange Market under Peter Briger’s influence. He was later elected as Fortress’ chief executive manager in the credit business department due to his excellent leadership skills.Before securing a job at Fortress Investment Group, he worked at Goldman Sachs for more than 16 years. He has also served in senior leadership roles in many companies. He was previously elected to the Asian Management board as well as the Global Control Committee.

Peter Briger announced the sale of his main business, Fortress Investment Group to the Japanese side, SoftBank Corporation. The company acquired Fortress at a hefty $3.3 billion in cash. In a contract made with Fortress’ officials, it was agreed that the firm would retain its quarters in New York City.It was also decided that Wes Edens would maintain his leadership role. The deal made by the duo would last for five years.He is also a renowned philanthropist who has put most of his finances and time into benevolent courses. He serves as a director at Silicon Valley Council. The foundation was launched to support needy children around the world. The group has provided many children with essential needs such as shelter, education, and food.

 

The Early Life and Career of Peter Briger

Peter Briger is a serial entrepreneur and influential leader in the business world. He boasts of his over 20 years of experience in assets management as a financial consultant. He went to the Princeton University, where his sheer hard work and determination earned him a Bachelor of Arts and later joined the University of Pennsylvania to pursue his MBA.Mr. Briger currently works at Fortress Investment Group, a U.S. based firm as a co-chair. While he became a co-chair in 2009, Mr. Briger held various other leadership roles in Fortress Investment Group. Mr. Briger has been instrumental in the continued success of Fortress Investment Group, and as its principle and co-chair, he manages its affiliate real estate and credit firms. Peter Briger joined Fortress Investment Group to help it diversify its private equity into debt securities and real estate.

Previously, Mr. Briger had built himself an excellent reputation while he was working for Goldman Sachs as a financial advisor for over a decade.Peter Briger has helped Fortress Investment Group grow its portfolio, and he initiated the launch of Fortress Credit Portfolio, a subsidiary of Fortress Investment Group in 2002. As the principle of Fortress Investment Group, Mr. Briger specializes in the management of investments, serving both institutional and private investors across the world. The firm currently manages a portfolio worth over $65 billion, and it amassed all this wealth in 2007 when its shares went public via an IPO. Today, people refer Mr. Briger as a self-made billionaire who built his over $2.3 billion worth of a portfolio from scratch. Recent Forbes rankings ranked him as the 407th wealthiest man in the world.

Peter Briger is also a dedicated philanthropist who sponsors various community-based and philanthropic programs. He currently serves on the board of Tipping Point, a nonprofit organization that focuses on empowering marginalized families in San Francisco. He is also a board member of Princeton University board of director as well as an avid sponsor of various environmental conservancies where he contributes hundreds of millions every year. Peter Briger has interest in initiatives that focus on poverty alleviation, children empowerment, and quality education. As a philanthropist, Mr. Briger has funded several humanitarian programs including a professorship program sponsored by Princeton University. He also serves on boards of several other prestigious schools across the United States. Peter Bridger has recently teamed up with two other alumni of Princeton University to mentor and fund graduates in their pursuit of entrepreneurial excellence.

 

Shervin Pishevar Takes Swipe on the Current Administration’s Trade Policies

Shervin Pishevar, the founder of Sherpa Capital, and a renowned investor in the financial industry has been oozing with knowledge, power, and conviction through a 21-hour twitter rant. He looked as if he was possessed when he was jumping from one topic to another addressing critical issues in the country. The Uber investor, who had to resign from his position as the director of Sherpa Capital after being accused of sexual harassment including rape paid significant attention to the management of country’s inflation through various strategies that are not delivering the expected results.

Shervin Pishevar notes that the sudden rise in prices of goods and services has for an extended period been attributed to the importation of goods and services from other countries. The products we import have been produced at a higher cost leading to the increased selling price to the consumers, who happen to be Americans. According to the venture capitalist, this notion has been wrong for a more extended period. According to Shervin Pishevar, inflation never manifests itself in the economy in a vivid manner such that one can easily detect what type of increase the country is experiencing.

In this tweet, Shervin Pishevar seems to take a swipe to the United States administration who have been alluding that the inflation in the country has been imported and have gone further to implement policies that hurt trade between nations. For example, the current administration has been abolishing trade deals with particular countries while at the same time entering into other trade deals with different countries or the same countries but the trade terms have been renegotiated. This is a wrong method of solving something that manifests itself in a way that common individual cannot understand.

Shervin Pishevar notes that he does not have faith in the current trade policies. He does not think that they will have any impact on the inflation tendencies experienced not only in America but as well in other countries. The investment leader notes that the current administration should not be accusing the trade policies of causing inflation tendencies in the United States because America has been exporting inflation to other countries for an extended period.
https://mashable.com/category/shervin-pishevar/

How Mike Bagguley Became the Barclays’ Chief Operating Officer

Barclays has been doing well since it was established. This doesn’t mean it hasn’t been through some financial challenges. However, it has established some profound mechanisms it uses to stay on top in the banking industry. Although many people just see a well-doing banking company, they rarely think about the leaders behind the glory they see. The banking investment company would not have made such huge economic strides without the input of some great leaders like Mike Bagguley. The bank realized the only way to remain influential across the globe is through promoting some of its gifted employees to the senior positions. This saw Mike join the executive team of the Barclays bank in 2015 as the COO.

As the new Chief Operating Officer, Mike had to formulate some new strategies to push the banking company to the next level. As the COO, he was in charge of all the operations of the company. Mike headed the unit of the macro markets before he rose to his new senior position. Mike Bagguley no longer reports anything about the bank to the other leaders in the bank. He reports directly to Tom King who serves as the bank’s CEO. Mike devoted himself to his junior tasks until the senior leadership noticed him and marked him for promotion.

If you are faithful with the little, nature has a way of making you in charge of much. While Mike Bagguley was working in the macro market department, he reshaped the foreign exchange, commodity products, and interest rates. The revenues in the general industry were low when Mike introduced these changes in the bank. However, the stringent regulations he outlined helped the bank to record some handsome profits. The London-based bank has various noteworthy products that Mike coordinates.

Before Mike got promoted, the bank intended to slim down its investments to improve its profit margins. The entire banking industry was experiencing a low financial season that year, but the macro product unit that Mike headed earlier recorded some good profits. Mike Bagguley became an employee of the Barclays Investment Bank in London in 2001. His responsibilities revolved around the fixed income desk. However, he has also served in some other branches of the bank such as those in New York, Johannesburg, and Tokyo. Mike was in Warwick University where he attained a degree in mathematics.

http://investor.marketaxess.com/news-releases/news-release-details/barclays-names-mike-bagguley-chief-operating-officer-investment

Sahm Adrangi On Ad Frauds And Kerrisdale’s Activities

In 2009, Sahm Adrangi established Kerrisdale Capital Management to look into the stock market. The firm’s activities are geared around researching different market players including the mining and biotechnology industries. They have also helped to unearth goons within the market-saving investors thousands of dollars.

Their business has grown by leaps and bounds thanks to their unrelenting focus on short activism. He recently had an opportunity to address a conference that sought to find out what was going on in this market. Kerrisdale Capital had initially focused on a number of fraudulent Chinese firms before eventually settling in US-based firms.

Their findings are usually posted on their website. The firm also has an e-mail distribution list that circulates their reviews and findings to subscribers. Their twitter feeds also provide useful information. Seeking Alpha has also provided them with a platform to enlighten their audience.

Sahm Adrangi was proud of the nine-year history that has seen them put together a good number of campaigns. He was especially impressed by the most recent one. They believed that a certain parcel of land in Florida was not worth more than half its market price. They did not shy from making this known to members of the public.

His talk also revolved around ad frauds that were opening up opportunities for them. They had helped to broaden the appeal of short activism as was clearly demonstrated during the Herbalife campaign. Pershing Square had successfully engineered and run the campaign. The ad frauds enable them to mind the welfare of the society as they run their campaign.

Ad frauds essentially allow impersonators to make money from firms by having robots click on ads on their websites. Advertising firms will wire money to the impersonators but won’t really gain from the ad clicks. A number of ad companies gain from ad frauds as is demonstrated in their reluctance to adopt detection techniques.

Short activists can take advantage of the situation according to Sahm Adrangi. All they need to do is bring these practices to light. They get to aid the big firms while advancing their own agenda.

Sahm Adrangi contributes articles to the New York Times as well as the Wall Street Journal. He had previously served the Longacre Fund Management Company as an analyst for two years. He studied economics at Yale University and graduated in 2003.
https://www.prnewswire.com/news-releases/sahm-adrangis-kerrisdale-capital-issues-negative-report-on-the-st-joe-company-and-announces-conference-call-schedule-300635156.html

Dr. Mark McKenna’s Groundbreaking Medical Technology

When Dr. Mark McKenna graduated from Tulane University Medical School, he probably had no idea he would eventually create the next biggest thing in medical technology. The healthcare industry is about to change forever with his new tech application, titled OVME. Why wait forever to find a doctor that suits your needs when you can have an app connect you with a professional instantly? Dr. Mark McKenna had a greater vision for the medical cosmetic industry, and his hard work shines through the influence of his new application.

OVME uses a format that we’ve seen before and are familiar with, which is why it will be so successful. Much like Uber or GrubHub, OVME will be used to secure medical aesthetic services through an easy-to-use application. Although we’re used to this type of application for food services or securing a taxi, this format created by Dr. Mark McKenna for OVME is influential and groundbreaking when used in the medical field. Customers of these cosmetic medical procedures have grown up with technology, and will surely fall in love with the comfort and ease of using an app to secure their next appointment.

Through the app, customers will be able to select their particular service before choosing a practitioner to go through. Only high rating and high-performance doctors that are approved by Dr. Mark McKenna will be selected to take part in OVME. No more going by reviews that are word of mouth or commercials for doctors that are completely biased, because the app includes ratings that have been written by other users, so the user searching for a practitioner is ensured of the quality of the work. Once the procedure is selected, the customer even has the ability to book home visits, making this app the “Uber of the medical field.”

Thanks to Dr. Mark McKenna, his groundbreaking new technology will change lives. The ease of the entire booking process will make a smooth transition for both doctors and patients. Featuring procedures like botox, fillers, CoolSculpting, weight loss, and facials, Dr. Mark McKenna is working to connect others with the doctor of their dreams. OVME will make having procedures done easier and more discreet than ever before with the new application technology.

https://patch.com/georgia/atlanta/atlanta-gets-ready-welcome-dr-mark-mckennas-ovme-buckhead