Category Archives: Businessmen

SahmAdrangi; the CIO with the $100 million investment

SahmAdrangi holds a bachelor of Arts in Economics from Yale University and is the founder Kerrisdale Capital Management LLC. As the Chief Investor Officer, MrAdrangi has been involved in the firms’ development ever since. MrAdrangi has led to the exposure of fraudulent Chinese companies such as China Education Alliance and ChinaCast Education Corp which consequently led to enforcement repercussions from the Securities and Exchange Commission.

MrAdrangi worked at Longacre Fund as an investment analyst before founding Kerrisdale. While serving as the Chief Investment officer of Kerrisdale, Adrangi steered the organization into specific sectors thus developing its expertise in the field. Some of these sectors include the Biotechnology, Mining and the Telecommunications. The firm has shared skeptical views on a couple of companies operating in those areas. He identified weakness in organizations such as Globalstar leading to a series of articles and ex parte letters after meetings with the FCC.

Kerrisdale Capital Management has raised about $100 from investors in a move to bet against a single stock. An informant from the firm revealed this information alongside a request to remain anonymous as the information was not yet ready for public use. This “co-investment” has no prior as the firm plans to use the investment to short a public company that will be revealed soon. The informant also disclosed that the target company would be unveiled in mid-May and that the firm has begun to buy stock to affirm its position in the unnamed company.

Kerrisdale has been known to bet against companies and taking its case public. The company’s primary hedge fund average approximately 28% over the last five years.Kerrisdale manages about $500 million including the new money raised. Adrangi and an analyst form the organization are working on various ways to convince others of their thesis by using platforms such as videos and a website. In an email to investors, the CIO will provide insight as to how they will use the above means to demonstrate how they have acquired a company with a net worth of above $10 billion.

George Soros Made One Of The World’s Biggest Charities

One of the world’s most kindhearted philanthropists, George Soros, the founder of the Central European University in Budapest has graciously donated 80% of his riches, dropping his original 39th spot on the Forbes rich list. Once being a net worth $23 billion, Soros’s substantial $18 million gift brings his total donations to over $32 billion that he has bestowed to the Open Society Foundation, a charitable organization that is striving to support individual’s human rights, justice, and equality across around the world for over three decades.The organization runs programs and grants for refugees, public health, and are a dedicated group that focuses their efforts on advancing the need for freedom of expression and democracy.

Although many may argue that the donations are solely based on tax write-offs, however, his real generously stems from his history and his devotion to improving the rights of everyone all over the globe.George Soros was born in a Jewish family and it was after he turned 11 that the Nazis had taken over Hungary’s capital, Budapest. He managed to survive World War II and in 1947, was able to escape communism.His brush with danger made a significant impact on his views in life and has inspired him to commit to protecting human rights and spreading democracy to the rest of the world.

After he escaped his home country he migrated to London, where he worked as a railway porter and waiter while he attended London School of Economics and earned a bachelor’s and eventually finished with a master’s of science in philosophy. Before he started Double Eagle his first hedge fund in 1969, which was later renamed Quantum Fund, George Soros began his business venture in both England and the United States, taking various merchant bank jobs. A year later, in 1970, the money earned from his first hedge fund was enough for him to start a second, Soros Fund Management, a private American Investment Management firm.

During the UK currency Crisis in 1992, he earned the title “the man who broke the Bank of England,” after his short sales in $ 10 billion worth of United Kingdom currency forced the government to devalue the pound.He became one of the top distributors to Democrats, such as Mrs. Clinton and also gave millions to PACs who was opposing Trump during the last election.His philanthropy really began in 1979 when he decided to give scholarships in Sothern Africa and in the 1980s he helped the open exchange of ideas in Hungary funding trips to the West. After the Cold War, he had expended to other areas of the world such as the United States, Africa, Latin America, and Asia, investing his wealth in new causes that will promote a fair, more accountable, transparent, and democratic governments and communities.For years Soros has given generously to Open Society Foundations about $800 to $900 million every year.This year he has increased that amount to around $18 billion and he is still estimated to donate an additional $2 billion in the following years to come.

David Osio Enhances His Philanthropic Activities

David Osio is a financial advisor who strives to bring change in the world through his generous giving. His philanthropy has continuously targeted medical research, music, art, and community activities. For over twenty years, the financial expert has constantly partnered with several non-profit organizations. He is always interested in firms that have specialized in improving the lives of the people as well as culture and art in communities where his businesses operate.

Recently, David Osio embarked on expanding his philanthropic activities for charities on a global scale. Through his company, Davos Financial Group, David has notably supported MISO (Miami Symphony Orchestra) each year. He is an active board member of MISO. He expresses his satisfaction when iconic foundations like MISO successfully carry out their operations year after year in helping communities deal with a given challenge.

David supports the medical research on diseases that affect children. He is a regular contributor to the Children’s Orthopedic Foundation, which is an international foundation. He sponsors the foundation’s annual EPK events. David Osio hopes that fortunate members of the society can someday collaborate to raise resources towards addressing different community causes.

Over the years, David Osio has donated to the Fundana Foundation, Wayuu Taya Foundation and UMA Foundation. As a traditional art supporter, David Osio has also funded a Miami art foundation called Saludarte. Due to his active contribution to the community, David Osio has received several international awards and recognitions. This information was originally mentioned on Erie News Now as explicated in the following link

David Osio background

David Osio attended the Catholic University Andres Bello. Here, he pursued an Advanced Management Program. David studied International Banking Law at the esteemed Estudios Superiores de Administracion IESA. In 1981, he served as the president and CEO of OPED Enterprise. During this period, he had an executive post at LETCO COMMERCIAL COMPANIES. In 1984, he decided to practice banking law. He joined MGO Caracas. Later, he occupied a top position in Banco Latino International, which is based in Miami. David was promoted to render his services as the vice president of Banking Commercial.

He started to build Davos Financial Group of companies in 1993. His first business provided financial advice to the clients. Under his leadership as the company’s CEO, David has worked effortlessly to ensure that each company offers tailor-made services to suit the diverse needs of its clients. Davos Finance Group is keen to maintain a sense of corporate social responsibility. To this end, the corporation has constantly collaborated with non-profit organizations to support and bring development in the community. Currently, all companies affiliated with Davos Financial Group are licensed and are in contract with major banks around the world. This information was originally mentioned on the Official David Osio’s website as highlighted in the link below

Davos Announces CAP Calculator App

The Davos Real Estate Group, led by CEO David Osio, recently made a big announcement that has their current and future investors very excited. Osio was joined by executive directors Gerard Gonalez and Pablo Bausili in announcing the new Davos CAP Calculator. This CAP Calculator will be in the form of a mobile app. Potential investors will be able to use the information that they get from the application to decide on the validity of a potential real estate investment that they are interested in.

The calculator is basically a mobile mortgage calculator in the form of a mobile application. Customers can see exactly what their return on investment will be when they invest in a specific property. They can get this information based on different factors like interest rate and the length of the mortgage. This is something that will a great resource to the company, which is one of the top real estate investment firms in Latin America.

The application took over 6 months to design and build. The primary person responsible for the development on the Davos side was Gonzalez. Davos worked in conjunction with Tecknolution, a Latin American software development company on the application.

David Osio has over 3 decades working in the financial sector in South America. He got his start in finance working for a legal team in Venezuela in the early 1980s. He represented some of the top banks and financial institutions in the country. the vast amount of knowledge that he obtained during this time led to him being hired by the Latino Banco Internacional (LBI).

Osio had a very successful turn at the LBI. He started there in the early 90s and worked there for almost two decades. He worked his way up the ladder until he was eventually named the director of commercial banking for the bank. He was then helping decide upon commercial investments for the biggest bank in South America. There is no doubt that his extensive experience and knowledge when it came to financial regulations, came in very handy at this position.

After 20 years at the bank, he was ready to strike out on his own. This is when he formed Davos Investment Group. The investment group is based in Miami, FL and is one of the biggest investment firms in South America. Their latest announcement is sure to make them even more popular with investors and help them attract new ones. It will be interesting to see where this app goes as more technology is developed for it and it is expanded upon.

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Raj Fernando Offers Platform for Growth and Productivity Through Communications

Raj Fernando is the founder and CEO of Scoutahead, a company for improving corporate and professional growth and productivity through secure communications systems. He graduated from Beloit College with a BS in economics and history. He studied for a while at University College of London. While Raj was still in school, he worked as a volunteer at the Chicago Mercantile Exchange. He worked his way up there and at the Board of Trade from 1991 to 2001. In 2002 he founded Chopper Trading.

Chopper Trading grew to more than 250 employees and traded on major exchanges. Fernando helped with the US Commodity Trading Futures Commission, promoting open, transparent, competitive markets. In 2013. Raj addressed shareholders and the media at the Rosenblatt Global Exchange Conference. In 2015, he sold Chopper Trading to DRW Trading Group, in Chicago.

In 2016, he started Scoutahead. He is currently the CEO and Chairman of the company. Fernando is involved with many philanthropic efforts in Chicago and other areas in the US. He is on the board of trustees of the Chicago Symphony Orchestra. He also serves on the board of PAWS Chicago, a no-kill animal shelter in the city. He supports the Clinton Foundation, Wounded Warriors, and Big Brothers Big Sisters in Chicago.

Scoutahead is a way to give employees more power to manage their professional growth. The platform offers anonymity, privacy, and confidentiality. It provides information that only you can see and use. The system gives never before seen information engines for companies, employees, students and others to use.

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Eric Pulier, A Man of Diversity

Eric Pullier is a Harvard graduate with a diverse background of education and philanthropy. Mr. Pulier is most known as an entrepreneur, pioneer of technology, is a published author, public speaker, philanthropist and originator of over fifteen business firms. He is currently extremely active in several non-profit organizations serving many people.

Eric Pulier, having grown up in Teaneck, New Jersey, began working with computers at a very young age and he began his first computer company during his time in high school. He attended the prestigious Ivy League college, Harvard, graduating in 1988, majoring in English and American Literature. During his time at Harvard, he also attended classes at MIT.

Pulier is known for his philanthropic endeavors and is a generous donor to several non-profit organizations. He currently sits on the board of the X-Prize Foundation, a non-profit that sponsors competitions to unravel civilizations most extreme challenges. He also is known for his work with The Painted Turtle, a camp designed to engage children with chronic illnesses.

His career began to take off in 1991 when he moved to Los Angeles and founded a company called People Doing Things (PDT), an energetic company that serviced health care issues, education and other technology driven solutions. Mr. Pulier is a proactive man undeterred by challenges set before him. His heart for his non-profit, The Starbright World, a forum built to help chronically ill children have avenues of communication in the form of chats, blogs as well as a way to meet others who share similar physical illnesses.

Eric Pulier is a well-rounded man who is serving his environment in many positive ways. He is educated and shares an energy for life that is making a positive mark on our world as a whole. He began his journey at a young age and continues to serve humankind through his business and philanthropic activities.

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Diversant Expands Into San Francisco

Diversant has recently expanded its services after acquiring the San Francisco-based staffing agency, Vircon. Although Diversant is itself primarily an IT staffing company, it has decided to further build on its brand by branching out into other areas. As a result of this acquisition, Vircon will continue further operations under the Diversant name and brand. It is worth mentioning though, that in spite of this acquisition, much of the key talent will still remain at Vircon’s offices in California. At the head of this push for diversity and acquisition of new talent is Diversant’s Principal Executive, John Goullet.

In fact, John Goullet was recently quoted as saying that this was just one of many strategic business decisions that Diversant plans to make in the future. By purchasing companies that have made deep and meaningful connections with employers in their area, Goullet hopes to build up Diversant’s brand and make it an even bigger name in the staffing industry than it already is.

John Goullet has plenty of experience in working with IT staffing firms, as he founded his own company back in 1994. As a part of Info Technologies, Goullet went from working with other firms as a computer consultant to running his own business as the Chief Executive Officer. By shifting his focus to the specific IT needs of corporations, John Goullet was able to build a brand for his company that customers could trust.

Mr. Goullet has performed similarly under his new role at Diversant. After merging Info Technologies with Diversant in 2010, John Goullet was able to take the already formidable combination of the two businesses and turn it into something that could make an even bigger impact in the industry. Now, Diversant sits above many of its competitors and has big plans for continuing expansion in the future. In fact, Diversant is currently listed as one of the fastest growing staffing firms in the country. With that kind of expertise, it’s clear that Diversant’s winning mix of professionalism and customer service will continue to earn it clients and new acquisition opportunities.

Philanthropic James Dondero makes a major Investment move

In a recent move that was reported by a Reuter’s news post, James Dondero has halved his interests in Pendrell Corporation. A form 13G filed by the SEC has also been cited to make the transfer reports credible. To supplement the Highland Capital’s annual revenues, James Dondero sold 23,000 shares out of the 45.61 million Pendrell shares they previously owned.

Pendrell Corporation is a NASDAQ listed company that licenses, buys, and sells intellectual property rights. The company had a great year in 2016 with the firm’s share prices increasing in double digits. The company has also signed deals with a giant electronic company, Toshiba, in a patent licensing deal.

This deal and the growth in value of the company have provided a rare opportunity for its shares to be profitable when exchanging hands. Early company investors are looking to cash out on their investments and new investors are looking to have a piece of the pie.

Highland Capital identified this market opportunity and decided to cash in half of its total shares in the company. It is not clear if Highland Capital is going to keep the rest of the company’s shares or they will also be sold off.

Highland Capital was the biggest single investor in the company. The second largest investor in Pendrell was Farallon Capital with an investment of around $4.3 million. There are over nine hedge funds that invested on Pendrell and most of them have sold out part of their shares or shown interest to sell off some of their stakes in the company.

Highland Capital has a reputation for making smart decisions that have seen it survive the past 23 years in the fierce financial world. Part of how they have been able to achieve this success is through its skilled management and able leadership.

The company is headed by Dondero who serves as the president and his co-founder Mark Okada who serves as the CIO. Both Mark and James bring to the firm extensive experience in finance and investments. Specifically, James has over 30 years’ experience in the financial world.


Talk Fusion Is The Award Winning Choice Everyone Needs

Talk Fusion is an award winning choice for communications that everyone should try because it is such a great way to approach communication over video. TF was created by Bob Reina because he wanted to advance how people used video communications, and he wants to be sure that he could bring it into the future. Video email was a part of the program that has made it very easy for people to stay in touch, and video email became something that helped people be sure that they could share their information in a simpler format.

Video conferencing and chatting is something that people need to be sure they are using to bring everyone together, and the conferences that are created all should be developed for a place of togetherness. That is why the office does not have to exist all in one place. Talk Fusion has received awards because of the fact that it brings people together on their computers at any time, and it streams the video with a much better quality than other services. It is the simplest way to make sure that people can talk, and it is easy for anyone to learn how to use.

There are many other reasons why someone can use Talk Fusion to do their work. Work becomes much simpler when people are using the system, and they can instantly create the kind of information that is needed to share with the people around them, and it is also important that these people remember that they can get back a lot of time they would lose trying to meet in the office.

Talk Fusion connects businesses and people easily. There are many who want to talk in a video email instead of typing. They can quickly work out their next message, or they can sit in a conference and share it with the group.

Mike Baur and the Swiss Start Up Factory Making Dreams Come True

Mike Baur is a lucky man. He always had a strong sense of who he was and what he wanted to do in life and was able to achieve success in the Swiss banking system, but instead of resting on his laurels and enjoying life as a bank executive, he began something new. Baur and two friends started the Swiss Start Up Factory in 2014. Now in his 40s he offers young entrepreneurs opportunities to turn their ideas into profitable businesses.
There is a revolution taking place in the business world today. It is financial technology or more simply, fintech. Inspired by the revolutionary concept, and the great success of PayPal. This electronic transfer of monies is the realm of these creative, innovative software and application designers who are attempting to refine and modify programs and applications for future use by millions in the financial area.
Baur realized how difficult it is for start-ups to develop their ideas, applications, or products and devised a method for brilliant ideas from creative teams to receive funding, office space, staff and mentoring. Successful applicants will receive first round financing and the benefits of being associated with the Swiss Start Up Factory in exchange for 10 percent of their young and hopefully growing businesses.
Baur holds MBAs from the University of Rochester in New York and the University of Bern.
Baur and his SSUF is joining forces with FUSION, a company specializing in collaborative efforts with talented fintech developers to provide innovative products in the financial services area.
FUSION has received academic sponsorship from the top engineering research institutes in the world. The association with FUSION will further expand the SSUF throughout Europe and beyond.
The Swiss Start Up Factory operates a three-month-long Startup Accelerator program in which applicants receive a platform of services. Applicants receive a very generous round of financing for development, coaching and mentoring from successful executives like Baur, and they even have at their disposal the office space needed by all companies both old and new in downtown Zurich. The SSUF program offers applicants an extensive entrepreneurial network to aid in their future development.
Sources: Accelerators from Zurich