Gareth Henry is an exemplary person who has proved to have exemplary skills when it comes to mathematics. He is a well-renowned person across the world due to his many achievements in his long and successful career. His ability to solve complicated mathematical problems has made many people refer to him as a mathematical geek. Being born in London in the United Kingdom, Gareth Henry grew up with a certain passion for mathematics. In school, he always passed in mathematics and any subjects related to mathematics. He carried forward his passion for mathematics up to the University and was able to enroll at Heriot-Watt University where he enrolled for a course in Actuarial Mathematics.
His hard work and determination in school finally made him a bachelor’s of science degree in Actuarial Mathematics. After graduation, Gareth Henry finally ventured in the employment world where he got a head start of his career at Watson Wyatt. He was employed as a member of the research team as an analyst for the company. His exemplary skills came in handy in his job and he was able to achieve a lot for the company. However, he left the company after working there for some time to seek for greener pasture. Gareth Henry got another job at Global Investment Management Services and worked for the company up to 2014.
He again left his job at the company and got employed at SEI Investments. This company got him in the world of investment and he worked for the company as an investment manager. At his job, he came across difficult mathematics problems but due to his skills in mathematics, he was able to handle to handle them amicably. His great achievements in the company made him popular and built a great reputation for him. He later found another job at Schroders where he worked at a much higher role. Gareth Henry has worked with many other investment companies such as Fortress Investment Group and has worked as the Head of International Investor Relations. His many achievements are a clear indication of his expertise in investment.
Chairman, Chief Executive Officer and President of The New Residential Corporation, Michael Nierenberg has been one of the most sorted executive in the mortgage and in real estate industry. With an equity of 963,602 (0.27%) worth 13.976,984, Michael Nierneberg has been the focal point of New Residential Corporation.
Michael Nierenberg’s career has been through investment banks and mortgages. He first started working at Lehman Brothers Holding Inc. for seven years. During his time at Lehman Brothers, Michael Nierenberg was the [pioneer of the adjustable rate mortgage business at the bank. However, Lehman Brothers collapsed and merged with the Bank of America. With the experience gained at Lehman Brothers, Bear Stearns appointed him as the head of Interest rate and foreign exchange trading operations where he was the head of structured products. His performance and his pioneering the company’s adjustable rate mortgage business, made him to be the most qualified and experienced in the mortgage and investment departments. In 2006 he joined the Bear Stearn’s Board of Directors.
After 80 years of operations, Bear Stearn was subsumed into JP Morgan Chase and Co. by the Federal Reserve. It was at this time that Michael Nierneberg with four other executives were accused by the Federal Housing Agency of making false statements in disclosure to Federal regulations. They however denied the accusation through lawyers from Bear Stearns.
In 2008 after Bear Stearns was subsumed by JP Morgan Chase and Co., Michael Nierneberg joined JP Morgan Chase and Co. as the head of Global Securitized Products. He was later appointed as a member of the management committee of the bank.
From JP Morgan, Michael Nierneberg was appointed as the managing director of the Bank of America. Here, he headed the Global Mortgage and Securitized Products. He was responsible for all sales and trading activities.
During his working at the Bank of America, he was appointed as the managing director of Fortress Investment Group managing the group’s private-equity business. Due to his vast knowledge in mortgages and investment, Michael Nierenberg was commissioned to anchor on residential mortgages and real estate investment trust.
Michael Nierneberg later joined the New Residential Corporation as the president, chairman and the chief executive officer. He is also the chairman of the Samuel Waxman Cancer Research Foundation.
Highland Capital Management is under the leadership of James Dondero who is a revered investor and a philanthropist. His charitable acts have been benefiting the Dallas Community for many years. Some of the organizations that have significantly benefited from the charitable acts of James Dondero are such as the Dallas Zoo, the Family Place, the Perot Museum of Nature and Science and many more organizations that are based in Dallas. Highland Capital Management is widely known for investing in the community, and this has been made possible by revered investor Dondero.
About James Dondero and his Philanthropic Efforts
James Dondero offers his working assistance to some of these organizations since each of them represents a noble cause. Assisting a not-for-profit organization through the issuance of funds helps it to achieve its set goals. For instance, the Dallas Zoo was not operation since 2001, and the residents were grumbling about the closing down of the zoo. People even penned letters to the management of the Dallas Zoo and their grievances were not addressed. After some time, the management at the Dallas Zoo decided to rebuild the hippo habitat, but their primary challenge was the access to funds.
Approximately $14 million was needed to rebuild the zoo and philanthropists such as James Dondero had to lend a helping hand. James Dondero issued $1 million dollars, and other philanthropists also issued their contributions that amounted to $14 million, and the zoo was reinstated after some time. James Dondero has also issued his financial support to other endeavors, and his primary goal is to improve the Dallas community. By also participating in the Education is Freedom Charity, James Dondero has ensured that people have access to education since it is an integral part of our lives. James Dondero has also partnered with individuals such as Linda Owen. Linda once served as an executive at the Woodall Rodgers Park Foundation, and she works together with James Dondero to help some of the non profit organizations in Dallas.
Before Wes Edens co-founded the Fortress Investment Group, he worked with a number of financial institutions in several positions. He was a partner and a managing director of the Blackrock financial management firm and still a managing director for Lehman Brothers. When he and his co-founder of the fortress investments group, established the alternative asset investment the purpose was to provide private equity and private credit to other business institutions to help them achieve their objects. The group along other alternative asset investment businesses were established to fill in the gap that was left by banks in terms of originating loans to private investors. The firm has grown from being just an alternative investment group to an investor in its own standards. The Fortress group has spread its transactions to cater to healthcare, media, real estate, transport and infrastructure among other ventures. Read this on cnbc.com
Outside finance and investment, Wes Edens is a renowned sports fan. In 2014, Wes Edens and his friend bought the NBA Milwaukee bucks team for approximately half a billion dollars. He is a professional ski a passion that heavily influenced his recent venture into the hotel business. The success that Wes Edens, also known as Wesley Edens, experiences is from years of experience in the finance industry as well as the knowledge he acquired during his studies at the Oregon State University where he pursued and graduated with a bachelor’s in science and business administration.
The Mexican Venture.
New fortress, headed by Wes Edens, is looking to expand its investment projects, one being the Mexico’s Baja Cali Sur. When New Fortress Energy was established by the group, it was intended for the development of terminals focus on the importation of natural gas. The new venture was awarded by the Baja California port authority in 2018 at the cost of 184 million dollars. Original dedicated to the delivery of gas and infrastructure related to the terminals to Jamaica, the New Fortress Energy has expanded to many countries in South America. Their first project was in 2016 in Jamaica, with the outcome being the Montego Bay facility, a 120 MW stations.
Guilherme Paulus is the co-founder of CVC Brasil Operadora and founder and chairman of GJP Hotels and Resorts. A renowned chain of resorts and hotels that employs over 5,000 workers and has welcomed over 95,000 guests since its start in 1995. Twenty-four successful years later, the chain of resorts and hotels currently operates over 20 hotels and resorts in Brazil.
An avid student of business, Guilherme Paulus started career as an intern at IBM. But, while working at IBM was a dream come true, he had an incredible entrepreneurial drive and ambition to serve community members. Plus he always had a vision of tourism in Brazil. So when Carlos Vicente pitched him the idea of bringing tourism to Brazil, he was immediately sold on the idea. But since he was only 24 years old at the time, he didn’t have any money to invest in the venture. So Vicente offered to invest with the understanding that Guilherme Paulus would be on top of the day to day operations.
The two opened their first store in Sao Paulo in 1972 and continued their partnership for four years before Carlos Vicente departed from operations. And while having one store was no doubt magnificent, the sky was the limit for Guilherme Paulus.
So he continued to open even more stores in Brazil. In 2009, Guilherme had the idea of taking the company public and sold 63% of the company’s shares to make that dream a reality. And in 2013, CVC started to trade as a public company. Thus raising more capital for growth. Right now, CVC has about 1,200 storefronts around the world and more than 3,000 dedicated employees who work towards CVC’s vision.
But it’s not all business with Guilherme. He also values social accountability and has an undying drive to serve the community. As a result, his company has participated in various noble causes. These include donating funds for medical care and educational classes. Also, CVC provides educational opportunities for disadvantaged children. And especially those who would want to work in the tourism industry in the future.
Wes Edens Interest In Sports Has Gone International
Wes Edens is CEO and co-founder of the Fortress Investment Group. He began his successful journey in the finance industry by receiving a Bachelor of Science degree in Finance and Business Administration at Oregon State University. However, finance is not Wes Edens only love. He is also a big sports fan.
In 2014, he and his partner purchased the Milwaukee Bucks from previous owner Herb Kohl. Kohl sold the Bucks for 555 million dollars with the understanding that he would build a new arena for the team. Edens also promised to keep the team in Wisconsin.
After having much success with owning a basketball team, he has gone international. Wes Edens, along with billionaire Nassef Sawiris, recently purchased a majority stake in the Aston Villa Football Club. Sawiris and Edens, however, are new to the soccer experience. To help guide them on this new journey, the previous owner, Tony Xia, a Chinese business, will stay on as co-chairman of the board. Xia is excited to have both Sawiris and Edens on board and hopes this investment will significantly help the club.
The club itself is considered to be an upcoming team despite the fact that they once a popular club in the Premier League. However, the club over the last several years has fallen on a bit of bad luck. In 2016, they were kicked out of the Premier League to the second tier due to too poor performance. The Villa Club had also started to have financial difficulties due to lack of interest in their team.
The team has begun to restructure and narrowly lost out on the bid for the big leagues this past May. However, with the new investment from Edens and Sawiris, the club is not giving up. After all the Premier League is always interested in teams that come with money and with Edens and Sawiris backing them, they should be playing for the league soon.
The classical mathematics geek as portrayed in pop culture often dons geek glasses, speaks mathematical jargon. When not engaging with like-minded fellow geeks in intellectual discourse, they are busy going through mathematical journals or strictly anti-social. Gareth Henry, however, disabuses these stereotypes. In fact, he has the rare distinction of being a reputed good listener, responsible for getting new clients, explaining to them how fund management works.
Having graduated from University of Edinburgh in Scotland with a Bachelor of Mathematics in Actuarial science, Gareth Henry took a dive into the deep end of finance. While there are lots of parallels to be drawn from Mathematics and finance (after all they all are numbers game), the move to finance was a risk economics Nothing could be better for a person entrusted to risk investors’ money for rewards than practicing first hand through his career moves. See more of Gareth Henry on facebook
A typical investor often wants high returns on their investment. However, lack of know-how on how to go about it, or safe bets often drive such investors to fund managers. Here is where Gareth Henry comes in. According to Gareth Henry, he biggest hurdle is often to win the trust of the prospective client. The financial crisis that hit the US in 2008 is one such reminder of the uncertainty of investments. Against this backdrop, hedge fund managers are often faced with the challenge of reassuring the client that their investments are indeed safe.
There is no doubt that to entrust your funds to anyone, they have to exhibit a level of expertise in the field. The world of hedge funds and private equity is often shark infested with cut-throat competition. Angelo Gordon is reputed to manage $26 Billion is private equity, real estate, amongst other investments. For a company to pick an Actuarial scientist to head their global investor relations speaks volumes about the individual’s talents granted the Mathematics background and other industry supremos.
Perhaps mathematics geeks aren’t anti-social, speak jargon, nor wear geek glasses. It is in their talents to merge the various disciplines like Gareth that mostly makes the difference.