The Executive Roles That Randal Nardone has Held Over His Career

Randal Nardone began his professional career at a New York City law firm called ThacherProffitt& Wood. He made partner at this law firm and was on its executive committee for a number of years. He decided to move into the financial industry and joined BlackRock Financial Management, Inc. as a partner. He then worked as the managing director of UBS AG where he stayed for a year between 1997 and 1998. He earned two bachelor’s degree at the University of Connecticut and earned his law degree at the Boston University School of Law.

In 1998 he co-founded Fortress Investment Group, LLC. He serves this company in a number of executive roles including chief executive officer, principal, and director. His company invests in alternative assets and under his leadership Fortress Investment Group has become one of the biggest companies of its kind in the world. One of Randal Nardone’s specialties is investing in companies which are in a distressed state. Over the years he has been instrumental in his company buying a number of companies. Among these are Rail America Inc., Florida East Coast Industries, and Penn National Gaming, among others. After turning companies around his company has brought some of the companies public again like RailAmerica, Aircastle Ltd., and Brookdale Senior Living Inc.

In addition to his role at Fortress Investment Group, Randal Nardone also has C-level positions with a number of other companies. Among these are Springleaf Finance, Inc., Springleaf Finance Corporation, Alea Group Holdings Ltd., and Eurocastle Investment Limited, all of which he serves as a director of. Another company Randal Nordone co-founded was FIG LLC, where he is a principal, as well at Fortress Advisors LLC where he is the CEO. Additionally, he is the chief operating officer at Impac Commercial Holdings, Inc., and he serves Newcastle Investments Holding Corporation as a vice president and a secretary.

Randal Nardone lives in the trendy Tribeca neighborhood of New York City. He bought his home in 2008 for $22 million. His home is what is called a “skyhome” because it is glass-walled. His home is a duplex with his unit on top. It is about 5,800 square feet with a 2,400 square foot outdoor terrace. It’s a five-bedroom home which has luxury features throughout it.

https://www.crunchbase.com/person/randal-nardone

Oren Frank: Breaking the Stigma Against Mental Health

Mental health is an important issue, and in the United States, more than 46 million people are diagnosed with a mental condition. However, the stigma attributed to mental health prevents others from seeing a doctor talk about the state of their mind. This changed with the introduction of Talkspace – an application that makes it easier for people to talk to therapists. This app was created by Oren Frank in 2012 and his goal when creating Talkspace was to provide an avenue for the people where they can share what they feel and what goes on inside their mind.

Check out interview.net to read full interview of Oren Frank.

Oren Frank said that the idea behind Talkspace was conceived after he spoke to a therapist about the status of his married life. He and his wife are always having problems, and he thought that speaking with a therapist might help. In the end, the therapist provided him with tips on how he can overcome the problems that he is experiencing, and it worked well. Then, an idea came to his mind – he should create an app where the people and the therapists can contact each other to encourage conversation. He launched Talkspace, and it became an instant hit.

The app now caters to more than one million people around the world, and everyone is using the application to contact their therapist and initiate a conversation. The therapists who signed up for Talkspace are happy knowing about so many patients, and they loved talking to people who have different issues. Talkspace has become a bridge that makes it possible for the people and the therapists to speak to one another, even without leaving their homes. This saved a lot of time and money, and the experience is still the same. The feedback from the public that uses Talkspace is also positive – they loved the way that the app works.

Since the app’s launch in 2012, Oren Frank introduced new features that make the conversation more fun. He said that more developments are still planned for the app, and he hopes that these changes will be deployed sooner. He is also planning of promoting the app even more to stop the stigma about mental health. Learn More: https://www.huffpost.com/author/oren-frank

Investment by Dyal Capital Partners Leads to Promotions at HGGC

In March 2019, the private equity firm HGGC (Huntsman Gay Global Capital) announced that ten current employees have received promotions. Additionally, five new names were added to the firm’s payroll. The promotions and addition of new staff are the results of a strategic investment in Huntsman Gay made by Dyal Capital Partners.

The Promotions List

Peter Cozzi was promoted to Senior Associate. Kurt Krieger who sits on the board of multiple HGGC companies has been elevated to Chief Legal Officer. Prior to his promotion to Principal Jay Tabu held the post of Vice President. Previously a Senior Associate Chris Shulze is now a Vice President. Lance Taylor was promoted to Chief Financial Officer. Neha Vaidya moved up from Associate to Senior Associate.

The New Partners

An 11-year employee Harv Barenz’s chief responsibility is to guide companies in the HGGC portfolio through acquisitions. Most recently Les Brown served on the Board of Directors of Huntsman Gay’s Fund II. Steven Leistner’s responsibilities at HGGC have included working on the firm’s Fund II and Fund III. 

The Mi9 Merger

In 2018 Huntsman Gay Global Capital merged with Mi9 Retail. John Block who was instrumental in bringing about the merger was among those recently elevated to partner at HGGC. Mi9 produces retail software that is utilized by hundreds of well-known brands including Nike. The merger provides Mi9 with capital for new product development.

About Huntsman Gay Global Capital

HGGC’S primary focus is on investing in technology companies. Currently, the firm’s investment portfolio consists of 130 companies. Those 130 companies represent $4.3 billion in investments. Since its inception in 2007, the total value of Huntsman Gay Global Capital’s investment portfolio has grown to exceed $20 billion.

About Dyal Capital Partners

Through its Business Service Platform (BSP) Dyal Capital offers Capital Strategies and Advisory Services to the financial firms it works with. As an investment firm Dyal operates as a minority investor. A minority investment is less than 50% stake in a company. A multinational company Dyal Capital Partners manages $21 billion in capital commitments.

https://www.bloomberg.com/profile/company/3069467Z:US

James Reese Talks Combat-Ready Vehicles

At the “Chevy Event”, which is held at The Range Complex (TRC), a United States military facility in North Carolina, journalists and other civilians are given the opportunity to participate in the kind of high-stakes training that elite commandos go through, if only for a few days. Special Forces officers and trainers put the guests through live ammunition drills, simulated firefights and hostage rescue situation and much more.

Many of the activities involve the actual SUV’s used by the United States military, mostly customized Chevy Tahoe and Suburban models. The vehicles have special suspension systems for driving at high speeds over all types of terrain and are armor-plated for the protection of both the vehicles themselves and the soldiers inside.

 

A former Delta Force officer, James Reese is among the military people who help run the event. He explains that the Chevy vehicles are popular among soldiers because they are durable, dependable and no-frills, much like elite United States military personnel themselves.

Reese says that military depends on these vehicles because they can get hit by bullets and keep on running; as a combat veteran, he’s seen it happen, and he knows the values of these vehicles in battle. Personally, he was under fire in Iraq, and he and his men had to rely on their Chevy vehicle to survive the fight. While most Tahoe Suburban vehicles sold aren’t going to be used this way, the point is that they could.

About James Reese

James Reese spent 25 years in the United States Military until retiring at the rank of Lieutenant Colonel from the famous Delta Force. He went on to found Tigerswan, a highly trustworthy and effective security company. Tigerswan is made up almost entirely of military veterans and operates out of Apex, North Carolina.

Learn more here https://www.wral.com/news/local/image/13369976/

Eric Lefkofsky Jumps Ahead With Tempus

Eric Lefkofsky is seeking to bring the medical industry into a whole new level of profitability with the use of big data. So far, over half a billion dollars has been raised to analyse information from cancer patients, in order to understand more about their biology. In the future, it’s expected that Eric Lefkofsky’s company, named Tempus, will reach over $3 billion in value. Tempus uses cutting-edge technology to analyse samples taken from cancer patients. Some of this technology includes a genomic sequencer that is priced at around $1 million. Much faith is being put into the idea that more data on patients will allow medical professionals to perform their job more efficiently. The investments that have gone in to connecting doctors with patient data has given entrepreneurs an opportunity to woo the market with ideations of an interconnected future in medicine. An issue that Tempus faces is the overall cost of conducting analysis of Cancer samples. These operations can cost up to $5,000 for every analysis. Eric Lefkofsky believes that the initial financial strain of this business will be worth the pay-off. The quest for data has led Tempus to reach a licencing deal with the American Society of Clinical Oncology to organize a chunk of their data. Along with this trove of information, there is also the fact that many oncologists in the United States send their patient information to Tempus as well. This all supports the increasing network of information that Tempus enjoys in order to sell its data to researchers medical corporations. Lefkofsky is also co-founder of Groupon, yet Tempus is the business that has brought him the most pride and pleasure. Perhaps a solid reason that Lefkofsky has entered this field is due to the fact that in 2014 his wife was diagnosed with breast cancer. He was startled by how little data there was to aid his wife, who is still striving to make it through each day living with the disease. There are some competitors that work in the same industry, however Tempus is one of the most creative and well-funded players in the medical data market. Read more about Eric Lefkofsky: https://www.americaninno.com/chicago/funding-chicago/cancer-fighting-startup-tempus-raises-80m-in-new-funding/

You Would Be Surprised to Know What Oren Frank Did for a Living Before Starting Talkspace

In the healthcare and digital solutions sector, Oren Frank is most popularly known as helming online behavioral therapy solutions Talkspace. As the company’s CEO, he has been front and center in developing the text, voice and video based therapy platform that currently stands as one of the most popular apps of its kind.

Offering a number of mental health solutions, Talkspace holds a certain distinction in the online therapy sector. With the promise of providing sessions with certified mental health professionals in affordable rates, the platform has grown to be popular among various segments under the leadership of Oren Frank. Those who cannot fit in regular visits to the therapist in their schedule or who are unable to afford the sky high cost of such sessions could easily turn to Talkspace for affordable therapy solutions. Watch Talkspace CEO Oren Frank interviewed on Youtube channel.

As the firm’s co-founder and CEO, Oren Frank is integral to the delivery of these services. Seeing this, those who have used Talkspace or who have started keeping tabs on the service are intrigued to learn about Frank’s background. If you are one such person, then you would be interested to learn that Frank wasn’t always connected to the psychotherapy segment.

Before he got settled in New York, Oren Frank was based in the U.K. and Israel and worked in advertising medium. In this sector, Frank had strong ties with global advertising firm McCann Erickson (now McCann) and its various associated companies.

Starting as a Regional Creative Director with the firm’s London branch in 2001, Oren Frank transferred to the company’s Tel Aviv operations in 2003. After serving his role as CEO for WorldGroup Israel as well as being the Chairman for McCann Digital till 2007, Frank took on the role as the Global Chief Creative Officer of MRM Worldwide.

Check out: https://www.talkspace.com/online-therapy/reshaping-behavioral-health-2017/oren-frank-intro-presentation/

A True Partner in Colbeck Capital Management

Every business has a time when the need arises to revaluate its financial position and possibly restructure in order to sustain the company in the long term. Whether the firm finds itself confronted with needing capital to expand in an extremely specialized niche or is facing bankruptcy, being able to work with an investment company that provides advice and solutions as a partner allows a much more open line of communication. The team at Colbeck Capital Management have been able to use this partnership approach towards their clients to find unique and specifically tailored solutions for each problem that comes its way.

A company’s financial future is dependent upon its executive team having the ability to make calculated and well informed decisions regarding the use of the firm’s assets and capital. When involved in a financial hardship, these decisions can become even more critical to the overall success or failure of the business. The team at Colbeck Capital Management have extensive experience with these situations and are well versed in all the options available to the client. The company specializes in providing solutions to those companies who find themselves in undercapitalized market niches and/or are unable to obtain corporate loans through traditional means such as a bank or other common financial institution. Colbeck has a focus on providing advice and assistance to those companies that several other investment firms would consider too risky to partner with. This approach allows Colbeck as well as its clients to find unique opportunities for growth and profit that may not have been available to either party otherwise.

The team at Colbeck Capital offer solutions for a broad spectrum of issues that a company may be facing. The firm provides secured corporate loans that are based on a business’s assets; even if those assets are from a non-traditional source. Capital also supplies letters of credit for those commitments made by a company that have become underfunded in some way. In addition, the Colbeck Capital team members are specialized in aiding those companies that are involved in Debtor in Possession or Management Buyout situations. Colbeck understands their client’s positions and how more often than not how these areas can be the most difficult for a company’s executive team to navigate through. The founders of Colbeck Capital have created a culture and body of employees that are trained to help to facilitate each step and guide the company’s journey. This partnership approach enables each of their clients to feel comfortable and more at ease with each decision it makes.

Colbeck Capital Management was founded in 2008 by Jason Beckman and Jason Colodne. Each having experience working in the financial investment industry, both founders have specialized knowledge of working specifically with distressed companies or those firms that find themselves in a difficult financial situation; such as bankruptcy. Each founder holds a position of managing director with Colbeck Capital and both continue to be heavily involved with the daily activities and challenges that their clients are working through.

David McDonald Has Been One Of The Secret Weapons Helping To Make OSI Group Great For Over Thirty Years:

OSI Group is a food processing firm with a long and distinguished history of excellence in customer service and quality food production and distribution. The past thirty-plus years of the firm’s history have included an individual named David McDonald who has made a massive impact on helping the firm to continue it is long-established traditions while also helping it to grown and to establish new standards of excellence. OSI has also journeyed into much new ground, both geographically and business model-wise during the time that David has been a major player within the firm’s leadership. The fact is, he has a total commitment to the company and to seeing it achieve its fullest potential. This dedication has led to him being able to move up the company’s ranks and achieve his current position. He is currently the President at OSI Group and also holds a seat on the global food processing giant’s Board of Directors alongside Chief Executive Officer and Board Chairman Sheldon Lavin.

See also on Forbes.

The educational and work background that David McDonald has is impressive and demonstrates a strong insight into why he has been so successful. His college education was attained at Iowa State University where he undertook a course of study in the animal science major. After wrapping up his studies, he was grabbed up by OSI Group for a project manager position. This was in 1987 and he has been with the company since that time. This thirty-plus period has seen David rise all the way through the corporate ranks at OSI to become one of the food company’s leading executives.

David McDonald has always been passionate about growing the business at OSI. The years that he has been with the firm have seen a lot of this and expansion has included growth in many different markets around the world. David has been diligently involved in the firm’s recent efforts at the expansion of its presence in the European market and one of the major points of expansion was the acquisition of Baho Food. Concerning being able to pick this company up and add it to the portfolio, David has noted that it is a firm that presents a complementary addition to the strengths that the company already possesses and adds great value to the work that OSI has already been doing in that market. Read: https://gazetteday.com/2018/04/century-innovation-osi-group/

Maurício Mendonça Godoy, Technology, and the AVATAR Project

Advances in AI and technology are things Maurício Mendonça Godoy has skillfully worked into his company. Maurício Mendonça Godoy is the CEO of SETAL, a gas and energy business. Science has played an essential part in how we collect energy from under the ocean and land, and advancements in technology have brought the industry to new levels. Maurício Mendonça Godoy recognized how computer science could benefit his projects. The company he worked with on AVATAR was AVEVA, which works with manufacturers and suppliers from beginning to end. For more information about Mauricio Mendonca Godoy, visit his crunchbase profile.

AVEVA uses a complicated software program to create a 3D mockup of energy platforms and facilities. Maurício Mendonça Godoy used their techniques to develop the AVATAR project. With the software, Maurício Mendonça Godoy could take a virtual walk around the plant and witness the conditions in a new way. Engineers and contractors could give feedback on the images, and any corrections could be configured before finalizing the blueprints.

The system is set up inside AVEVA, so companies are not waiting for something to be made for them. AVEVA’s management comments on how this alone shaves many hours off their production, and in turn, it will ultimately shorten the creation time of the energy plant. Time is money in the construction business, so anywhere it can be safely saved is likely to be very well received.

In addition to time, the floor plan and overall design are efficient. The 3D mockup allows the client to see where adjustments can improve workflow or the operation in general. There could be areas in the structure that are wasted space, or things could be moved to create a better flow. Because everything is computer-animated, changes can be added, removed, or adjusted, and then another virtual walkthrough could be done. Doing these tasks take some time and effort, but the end design should create a more robust work environment. New models can also help eliminate and reduce safety issues.

Mr. Mendonça Godoy should be proud of the work he and his team did with AVEVA. The AVATAR project was a step towards future buildings and models that will improve the energy environment for all of Latin America. Read more: https://www.jusbrasil.com.br/topicos/97350474/mauricio-mendonca-godoy/atualizacoes

Steve Ritchie on the Opportunity to Create a Better Tomorrow

A man like Steve Ritchie cannot be convinced that there is no meaning to life, as he has noted throughout the course of his own that no matter how tough things get, he has always been able to cling to the idea of hope. Hoping for a better future, he believes, is paramount in surviving, especially in the modern climate of business where your future is entirely uncertain. He knows that there cannot be enough done in the way of building up our businesspeople so that they are truly capable of changing the world, and this is why he has devoted so many of his resources to give young, passionate figures within business the opportunity to succeed.

Opportunity, in his mind, is not made out of thin air, and while he realizes this, there is also a certain type of person that he is more willing to train than others. Steve Ritchie knows that, while anyone can be great, there is a certain archetype to the kind of person who will generally succeed within business, and it is this type of person that he is constantly seeking out. He knows, however, that he could find this person anywhere, and it is for that reason that he does not allow himself to judge anyone on the basis of their first appearance. He believes that anyone in the world could be the next big business figure, and because of this, we must be cautious about how we treat every single person we come across.

Not only that, but he has a level of integrity that simply cannot be tampered with. He knows that if he were to let that integrity drop for even a moment, it could have a catastrophic effect on the state of his business, so he has been certain to maintain his ethics and values. Particularly with his dealings with others, Steve Ritchie sees it as nothing but necessary to treat people with respect, and it is for that reason alone that he finds it so easy to be kind to those around him. While many other people in power struggle to maintain this simple feat, a man like him is built for respect, and this is what so many of his colleagues look up to him for.

In the role of providing guidance to your coworkers, you need to make sure that you are truly acting from a genuine place in your heart when you make business decisions. It is, after all, your presence at the head of the business that determines the way everyone else decides how to act, and if they see that they can get away with anything less than consistent and enduring respect for others, it becomes a slippery slope. When Steve Ritchie developed his plan to save Papa John’s a couple of years ago, he knew that there would have to be some serious changes made to the state of the workplace, and luckily, he has been able to introduce these changes with style and grace. He knows for a fact that there is more to be done in the way of this, however; while he has come so far already, he is simply the type of person who wants to make continuous and constant improvements to the state of his business.

After all, for him, there is no time to rest. Every moment the universe gives you is one you can spend changing the course of the future, and this has been his goal ever since the beginning. As long as he is given the opportunity to create a better tomorrow, he will use it to its full advantage.