SoftBank Procures Fortress Investment Group

Fortress Investment Group is an investment holding company headquartered in New York City. It provides investment strategies and manages assets in behalf of other companies that cover a wide array of portfolio including private equity, credit and real estate, and investment in permanent capital. The Fortress Investment Group offers and provides services for private investors and institutional organizations internationally.As a diverse investment company, Fortress likewise has services in the forms operations management and industry knowledge, corporate acquisitions and mergers, capital markets, and asset-based businesses. The company has a profound familiarity with different kinds of asset management that comprise of overseeing numerous physical and financial assets that provides longstanding profits, pricing, financing, and owning.Fortress Investment Group has made an outstanding performance in the industry which caught the attention of Masayoshi Son. Masayoshi Son is the current Chief Executive officer of SoftBank Group Corporation. SoftBank is mainly involved in digital television products, telecommunications, internet, mobile telephones and fixed line.

Many anticipated that SoftBank’s foray into United States market upon President Trump’s assumption of the presidency would be to invest in companies such as or the likes of the Alibaba Group. However, SoftBank agreed on the 14th of February 2017 to acquire Fortress Investment Group for $3.3 billion. When Fortress wen public after the company has been founded, the original founders and principals made a lucrative profit, and this happened once again upon SoftBank Group Corporation’s procurement.In 2007 Fortress led other U.S. firms in going public. At that time, some of the company’s stakeholders are the Ohio State Teachers Retirement System, Wellington Management Company, Fidelity Investments, and Allianz Asset Management among many others. In contrast to other private equity firms and hedge fund companies, Fortress brings its numbers to the public and they highlighted the alternative-investment venture for the past ten years doubling their assets on the way compared to 2005.SoftBank Group Corporation has sealed the deal on the acquisition of Fortress at the day’s end of December 27, 2017.

After the procurement has been concluded, SoftBank Group Corporation (SBG) together with its other fully-owned holding companies will have ownership of all the remaining shares of Fortress. The closing of the deal likewise follows that every stipulation under the agreement for acquisition has been fulfilled including the acknowledgement of all required regulatory approvals and the approval of Fortress stakeholders.The common stock of Fortress has also stopped being traded on the New York Stock Exchange following the finalization of its procurement, and it will be removed from the registered list of the NYSEC. Along with this, the financial statements of Fortress will be integrated within the financial statements of SoftBank, and the latter will make any necessary announcement of the effect of the financial statements consolidation should it be required. Fortress will be managed independently by its founders and principals namely Randal Nardone, Wesley Edens, and Peter Briger. This is under the agreement made with the regulatory agencies in the United States. And they will maintain their head office along with their day-to-day operations in New York City.

How Madison Street Capital VC Firm Rose to Classes

The celebrated hedge fund investor, Madison Street Capital won first place in the 16th Annual Advisor Awards. The award ceremony took place at a lavish lobby at the heart of the exclusive Metropolitan Club. Madison Capital, NY, scooped first place for its stellar reputation for orchestrating outstanding debt financing deals in 2017. The auspicious and invite-only financial outing and gala went down on the 13th of November late last year in 2017.

 

Keynote Speech

 

David Ferguson gave the keynote speech at the awards and he took his time to express his absolute pleasure in welcoming Madison Street Capital into the fraternity of the leading M&A companies. David Ferguson is the CEO and President of the reputed M&A Advisor firm and he was delighted to bestow this honorary accolade to Madison Capital because of all of their earnest effort and consistency over time.

 

About Madison Street Capital

 

Madison Street Capital is an accomplished investment banker and VC firm that continues to be an inspirational success story. Street Capital Inc. has expanded its wings to set up offices and operational bases in dozens of international nations outside the US. The hedge fund management fund operates on a strict modus operadi founded on the maxims of excellence, integrity, leadership, M&A expertise, valuation experts, and general financial consultants for both private and publicly traded firms.

 

About M&A Advisory Awards

 

Madison Street Capital’s CEO, Charles Botchway received a long and sustained applause on his way to the set podium to receive the honorary finance award. As is customary, Botchway began by expressing his gratitude to the event’s award’s committee for acknowledging the outstanding job they’d done to reach their present status. That night, Madison was slated for a double win, but they were not as lucky as to clinch the equally prestigious, Boutique Investment Banking Firm Award. The cocktail corporate affair attracted close to a thousand consummate M&A professionals. The annual gala recognized M&A industry bigwigs like Ceasar N. Anquillare. The latter is the CEO and Chairman of Winchester Capital Inc., and he got named as 2017’s Leadership Award winner. Here’s a link to a complete list of the exceptional financial maestros who clinched awards at the last M&A Advisors Awards.

 

 

Charity Contribution

 

Madison Street Capital is a renowned giver that has actively participated in many charity and well-wish efforts. A classic example was when the respected hedge fund investment firm set aside a whole lot of cash to assist with both the short and long-term hurricane disaster recovery efforts in the Gulf and East Coast. Madison pledged and committed thousands of dollars towards supporting the reconstruction of damaged health, government, and, private housing facilities in the states of North Carolina, Missouri, Kentucky, Georgia, Arkansas and in Louisiana.

 

The banker has its HQ in Illinois, Chicago and asides negotiating M&A’s, the firm also has a solid reputation on financial reporting, private equity, and hedge funds and with corporate governance matters and strategizing. To learn more about Madison Street and all that the reputed hedge fund investment banker firm has to offer, simply check out this link.

 

Visit http://madisonstreetcapital.org/about-madison-street-capital.html to learn more.