Texas-based Energy company Stream Energy is one of the few corporations in America to have a foundation solely dedicated to community outreach. Through their “Stream Cares” foundation, the energy companies have managed to do an incredible amount of good for their respective communities. Most recently, Stream Cares was one of the first charitable foundations on the ground after the devastating events of Hurricane Harvey that left many without homes and food. There is no doubt that Stream Energy is changing how charity is done in the business industry.
Philanthropy is nothing new to Stream Energy, in fact, philanthropy is a huge part of their company culture, so much so that employees often volunteer to provide aid for those in their community. For example, one passion project for many Stream Energy employees is their work to aid the growing number of homeless children in the Dallas area. Every year in conjunction with Dallas-based Hope Supply Co. associates band together to not only provide these children with basic necessities such as food and school supplies but raise funds to give these children a day at a waterpark, a day where they can forget about their problems and just be children.
Although many high-level executives are attempting to emulate Stream’s foundation, Stream Energy still holds the advantage through their unique business model. Upon being hired by the company, associates are given the task of creating a number of networking groups within their community which then provides them with the ability to offer their potential customer’s fixed rate energy plans. So, how does this tie-up with philanthropy? It’s rather simple, see many of the associates like to keep in contact with their customers in order to ensure their continuing satisfaction with the service, through this method strong bonds are formed and the lines of company and community are blurred. The strategic moves of creating a company culture of philanthropy have no doubt increased the companies brand name value for years to come.
Fortress Investment Group was started in the late 1990s and has grown into a diversified asset manager. Its headquarters are in New York and also has other affiliate offices around the globe. Investment performance is the cornerstone of Fortress Investment Group. The investment group as of the end of September 2018, had roughly $42.1 billion of assets under its management with 919 investment management employees and 209 asset professionals. It has over 1,750 institutional customers and confidential investors across a collection of credit, private equity, permanent principal investment as well as real estate.
Check out crunchbase.com to read more about Fortress Investment Group.
Fortress Investment Group has various basic competencies. The first is that it’s Asset-based. Fortress Investment Group invests with depth a variety of asset types. Its expertise oversees the management of financial and physical assets. Industry Knowledge is also a core value, where Fortress has an in-depth understanding of where it invests. It has a team of able professionals with important sector- specialized expertise and with relations with leading institutions worldwide.
Operations management is also a key value. Fortress Investment Group has a well-placed apparatus that see to it that Fortress engages in extract worth from compound investments. Fortress diverse experience in Corporate Mergers and Acquisitions enables it to work together with various stakeholders to ensure optimal implementation of an investment plan, making it a core competence. Lastly, Capital Markets is considered basic value. The market expertise that Fortress prides in enables them to secure the most cost-effective financing venture for its investments. It is able to access equity and debt capital markets.
FIG has various job openings for diverse professionals. Most positions offer an opportunity for growth and career development. The openings include but are not limited to; Commercial Real Estate Analyst. The expertise will be based in the Asset Management unit. The individual will work with varied real estate ventures. The ideal candidate is expected to have valuable communication skills, highly valued work ethics and be willing to learn and take up additional responsibilities. The other open position is Business Analyst in the Commercial Real Estate docket. The expertise will be required to oversee system management and development. The position is best suit for a person who is keen to detail, organized, knowledgeable, and self-motivated and a person who comes up with solutions as the need arises.
Click here to learn more: https://www.fortress.com/about
Fortress Investment Group is a renowned international investment company. As of September 2017, the firm had assets worth over 36.1 billion under its management. With a two-decade-long presence in the financial sector, the company has been able to manage assets of more than 1700 institutional clients as well as private investors globally. Fortress Investment Group employs various investment strategies in its asset management work including private equity, real estate, permanent capital, and credit.
In December 2017, Softbank Group Corp completed its acquisition of Fortress Investment Group LLC. The deal was worth 3.3 billion dollars and means that Softbank and its subsidiaries are the new owners of any existing Fortress shares. Softbank and Fortress closed the deal following the approval of all the stakeholders and each party satisfying all the needed conditions.
The acquisition meant that every outstanding Class A share under Fortress was subject to receive a total of 8.08 dollars in cash. All proceeds after the merger would then be subject to distribution under the payment procedure described by the acquired company’s Definitive Proxy and Merger Agreement. Afterward, trading of Fortress Investment Group’s common stock stopped on the New York Stock Exchange. After the closing date of the acquisition, Softbank consolidated and showed Fortress’ financial outcomes as part of its financial statements.
Softbank Group is a major player in technology around the world working towards pushing for the Information Revolution. It has its hands on IoT, robotics, clean energy, telecommunications, and internet services among many other things. The firm comprises Softbank Group Corp. alongside its portfolio of companies in different parts of the world. Fortress is now part of this portfolio following the 3.3 billion dollar acquisition deal.
Following the conclusion of Softbank’s acquisition of Fortress Group, the latter continues to operate independently – with its headquarters in New York. According to a statement by Softbank’s founder, the company seeks to maintain everything as it was at Fortress Investment Group. He mentioned the following aspects of Fortress as what will remain largely unchanged management, employees, brand, structure, as well as its employees. The goal is to maintain the level of success that Fortress has been able to accrue over the years.
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