Monthly Archives: January 2019

Doe Deere : The Struggle and Success of obtaining her American Dream

For Xenia Vorotova, America has always been that beacon of hope and opportunity and overall great society that welcomed all to its shores. Xenia Vorotova was born in Izhevsk, Russia where she idealized the land of the free. through magazines and Hollywood movies, Vorotova was completely in love with the idea of one-day setting foot in America.

That dream would suddenly come t fruition as their mother announced that she along with her sister would be moving to New York City. Vorotova quickly understood that this was her chance to make it big in America, as the saying goes, if you can make it here (N.Y) you can make it anywhere. At the age of 17, Vorotova was on her way to the big apple with her family and to begin her dream.

As the family arrived she quickly realized the enormous scale of the city, something that no movie ever did justice to it. However, they knew that the reality was that in a place like New York, you either swim or sink and she and her mother work ready to work hard. Although her mother was accomplished accounted back in her home country of Russia, here in the United States her credentials meant nothing unless she had proper paperwork behind it. Performing jobs such as cleaning for the wealth was their only means of work and even that was not enough to keep them from having to check into a homeless shelter. Stuck living in a tiny room with her sister and mother, Vorotova wondered if her family would ever be able to live the American dream.

It was not until the year 1999 that they finally caught a break, a social worker would introduce them to Dorchen Leidholdt, a lawyer and advocate for immigrant families that have fallen in hard times. She quickly noticed Vorotova’s (Doe Deere) talent and helped her get into the New York Fashion Institute of technology. In the end, Doe Deere, a moniker that Vorotova began using in 2000 would go on to own and operate her own makeup company in the form of Lime Crime.

https://ideamensch.com/doe-deere/

Peter Briger: The Principal of Fortress

One of the leading and one of the companies that has the highest performance in investment management is The Fortress Investment Group LLC – they are recognized as one of the most highly diversified global investment managements in the world – they currently have about 42 billion dollars in assets that are under their name, this was recorded last September 30 of 2018. The Fortress Investment Group LLC is currently handling institutional clients and investors worldwide, and they are now about 1750 in number. The Fortress Investment Group LLC handles various kinds of investments like credit and real estate, permanent capital investments and private equity strategies. The Fortress Investment Group LLC employs about 1000 employees that are combinations of asset management employees and investment professionals. The Fortress Investment Group is based in the world’s largest cultural melting pot – they are based in New York City. Read this articles at bizjournals.com to learn more about Peter Briger.

Right now, one of the chairmen of the board of directors in Fortress is Peter Briger – and he is also currently now the Principal of the company. Peter has served under the Fortress Investment Group for 12 years now and has gained his chairman position 9 years ago. Right now, Peter Briger is the head for the Credit and Real Estate Division at Fortress Investment Group LLC. Peter is also now a member of the Council on Foreign Relations.

Peter Briger has also struck gold with all his ventures with Fortress Investment Group LLC – since he has left service from Goldman, when Peter joined Fortress – he has raised over 4 billion dollars for Fortress Credit Opportunities Fund 4 – where in when this investment came in, it represented majority of the funds in that quarter. Fortress Credit Opportunities Fund 4 has two pre-decessors that were categorized in one of the highest profile funds, the Fortress Credit Opportunities Fund 2 and Fortress Credit Opportunities Fund 3.

Peter Briger always claims victory in every opportunity that he encounters – he has numerous victories in the financial sectors. Peter has also saved Fortress Investment Group LLC from the brink of a financial breakdown with his critical thinking and genius strategies. Peter remains to be a key-player in Fortress Investment Group LLC.

Learn more: https://www.linkedin.com/in/peterbriger

Alastair Borthwick: A Life in Four Stages

Stage 1: The Early Years

The early life of Alastair Borthwick was characterized by movement. He was born February 17, 1913 in Rutherglen, Lanarkshire, but raised in Troon until age 11. At that time, he moved to Glasgow. At age 16 Borthwick left his high school in Glasgow to begin a career in journalism.

Stage 2: His Writing Career Begins

He found his first job in journalism as a copytaker for the Evening Times, however, Borthwick soon joined the staff of the Glasgow Weekly Herald. Although he was an adolescent, Alastair Borthwick had a big role at the publication because there were only five people on staff. He often covered rock-climbing in his column for the paper’s open air page. Those columns formed the basis for his book Always A Little Further. Published in 1939, the book quickly became a classic in the outdoor literature genre. The following year Borthwick got married.

Stage 3: World War II

During World War II, Alastair Borthwick served with the 51st Highland Division’s 5th Seaforth Highlanders. Most of his service was in the role of battalion intelligence officer and climbed to the rank of captain. Immediately after the war, Alastair Borthwick wrote a book that detailed his military unit’s history during the last three years of the war. Sans Peur, which was originally published in 1946, also became a classic in its genre.

Stage 4: After the War

After the war, Borthwick was a broadcaster for the BBC. He was awarded an OBE for his story on the 1951 Festival of Heavy Engineering. In the 1960s, Borthwick was a writer for Grampian TV. While he wrote many programs, he is remembered for his series Scottish Soldier, which was told from the point of view of a common soldier. Borthwick died at age 90 on September 25, 2003.

For more information about Alastair Borthwick please visit https://medium.com/@AlastairBorthwick/the-interesting-life-of-alastair-borthwick-f1e814a75efa

Talos Energy Announces the Commencement of US $250 Million Zama Appraisal Program

Talos Energy LLC (TEL), founded in 2012 by Timothy Duncan is an oil and gas company with an equity raise from Riverstone holdings and Apollo Global Management valued at US$600-milliion. It is involved in the investigation, expansion, and fabrication of these main products in the Gulf Coast and the Gulf of Mexico. The company is centered in Houston, Texas.

Talos Energy operates block seven offshore Mexico, including Zama, with a participating interest of 35%. However, Premier oil and Sierra Oil and Gas are partners with a participating interest of 25% and 40% respectively in Block 7.

An appraisal program has been put in place and set to be accomplished by mid-year 2019.

Talos Energy’s appraisal program will be composed of three reservoirs, consisting of an Ensco 8503 rig and two wells.

Exploratory drilling of the Zama-1 field in the shallow waters of the Gulf of Mexico, announced by Talos Energy, Premier Oil and Sierra Oil and Gas early 2017 uncovered a formation that contained light crude oil that ranged from about 1.4 to 2 billion barrels.

To understand the reservoir’s aquifer support, TEL will spearhead the drilling of Zama-2 to the North of the Zama-1, confirming the oil-water contact thus gathering data.

The well under the Zama reservoir will be excavated about 500m to assess the Marte exploration prospect. Afterward, it will be followed by an up-dip vertical sidetrack drilled from the primary borehole which will undergo a drill stem test.

On the other hand, Zama-3, the second appraisal, will be drilled to the south of the initial discovery well to have a better understanding of reservoir geology, helping to define reservoir continuity and quality in that particular field.

While going over and above the National content requirements of the contracts, TEL and its partners plan on spending US$250 million excluding unplanned possibilities throughout the investigation and appraisal phase.

In a statement, Talos Energy’s Chief Executive Officer, Timothy Duncan, expressed his excitement for the project backed by not only partners with participating interests but also local Mexican suppliers. He also acknowledges the presence of numerous Mexicans involved in the Zama projects both on the rig and in the local communities that are supportive of the offshore operations.

Learn more about Talos

DAMAC Owner Hussain Sajwani is Not Too Concerned with Profit Loss

Recently, in an interview with Bloomberg, DAMAC owner Hussain Sajwani voiced his opinion that free trade should not be viewed as a luxury. The 66 year old businessman is good friends with U.S. President Donald Trump and possesses a handful of golf course deals with the Trump Organization. So it isn’t too surprising that he sided with Trump on the issue of trade with China.

Hussain Sajwani’s real estate business has taken a hit due to unstable international trade conditions. This decline has not stopped the company from moving forward with its plans to double down on its goal to build luxury properties in major European cities. This shows that the company has an unwavering dedication to retaining a high level of activity.

Many have wondered if Hussain Sajwani’s common business with the Trump Organization would hinder his separate ventures. Sajwani denies that it has ever hindered him whatsoever. He did say that China curbing the access of international business in the country has hindered his plans.

Luckily, loss of profits is nothing new to DAMAC Properties. As someone who has been in the real estate business for nearly 4 decades Sajwani knows just how cyclical a market can become. Only thing you can be sure of is that profits will go up and down he says. At this point of his career he doesn’t spend most of his time looking at company profits. Instead, he focuses on aspects like adding more members to your team, building your brand name, improving service to the customer.

With the stock price being as low as it is the DAMAC owner has had to postpone any plans of selling a share of his company. He usually is able to sell a share of the company at a good price but this would be a bad time to attempt such a thing.

DAMAC’s next step is expanding in London which may be tough considering there has been much political and economic unrest in Brexit.

Fortress Investment Involved In Massive Real Estate Development

Fortress Investment Group was not only the first hedge fund but the first one to be public on the NYSE in 2007. It was eventually purchased by SoftBank Group Corporation from Japan and now has a 2.5 billion real estate deal in Times Square for global imports in a retail location.

Retail Location Project

The project of FIG is expected to be completed in 2021, there will be a 46 story building put up around the Palace Theater. The interior will be completely restored to its original glory that was seen over a hundred years ago when it first opened and lifted up to the third floor. There will be an exterior stage as part of the new renovations. A luxury hotel will also be built to allow viewing of the annual ball drop from 30 of the suites in the unit.

TSX Broadway

The project will be ten floors, with retail space. Times Square will be faced by 100 feet of the tower with more than 15,000 square feet of ground-level retail space. There are over 15 million people expected each year. There are several more additions expected to the construction project from Fortress Investment Group.

Read more on Indeed.com

Times Square Background

One of the world’s most recognized, financially valuable and culturally important areas Times Square is an ideal investment for development by the Fortress Investment Group. The area around Seventh Avenue and Broadway began to increase its traffic flow and revenue. After the first World War, the area began to have the majority of theaters in the area.

The Group Itself

Fortress Investment Group has a history of innovation as a management company for investments. They are now part of one of the most important and valuable conglomerates in the world, SoftBank Group. The group has extensive robotics and telecommunications holdings as well as investments in technology that made Fortress a natural fit.

Check more about Fortress Investment Group: http://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/