Category Archives: Investment Management

Bumble CEO Whitney Wolfe met her match after helping others find theirs

Whitney Wolfe is the savvy entrepreneur and business mind who brought the popular dating app called Bumble to life. The app, which allows females to make the first move after matching with a prospective mate, had 20-million users as of late 2017. Today it only continues to grow in popularity. She now is not only the founder of Bumble but also acts as the CEO. Her attempt to help many people find love was also rewarded within the past year thanks to a beautiful life-changing event of her own.Prior to launching her successful new ventures, Whitney Wolfe attended Southern Methodist University. While her college major involved international studies, she picked up early experience in business and marketing. At just age 19, she developed bamboo tote bags with sales proceeds donated to areas affected by the BP oil spill. That business effort resulted because a success with national press coverage thanks to several celebrities seen out and about with the bags.

When she started working with Tinder in 2012, Whitney Wolfe gained even more marketing experience. She became the vice president of marketing and it was said she helped to inspire the dating app’s name based on it being a fire created by small sticks known as “tinder.” That particular app continues to rank as the most popular amongst dating apps today, although Wolfe’s newer dating app, Bumble, is among the top four. The Bumble app works similar to Tinder in that users will swipe right for those individuals they like or are interested in, and swipe left for those individuals they’re not interested in. Once a match occurs, the female must initiate the conversation within 24 hours to keep things going. The company headquarters are located in Austin, Texas with the purpose of the app to help its users find more pleasant dating experiences than on other dating sites or apps.In 2016, the Bumble app added the ability to find friends as well using the Bumble BFF mode. Users can connect with other individuals looking for friends by swiping.

There was also the later addition of the Bumble Bizz feature which gives Bumble a sort of “Twitter” aspect where people can expand their professional network using the app.That basically means Bumble can be used for dating, finding friends, and networking, all in one app thanks to Whitney Wolfe’s brilliant creation.Speaking of successful matches, Witney Wolfe also found her own. In 2017 she married Michael Herd after two years of dating and a lot of phone conversation during those years. The couple wed in Southern Italy at the Villa Treville hotel just near the gorgeous Sirenusa islands. The opulent hotel location came highly recommended by friends and the weekend involved one of the top wedding stylists around, Cynthia Cook. Whitney referred to Cook bringing her visions to life as “the most majestic, special ceremony ever” indicating there were no dry eyes around.It seems only fitting that the creator of an app which helps others to find love, was able to celebrate hers in such a beautiful way.

Fortress Investment group Alias FIG, The Asset Management and Finance Powerhouse

Effective asset management calls for top notch organization and detailed planning and these are qualities Fortress investment is all familiar with, thus the firm’s success does not come as a surprise. Fortress investment group, popularly referred to with its acronym Fig, is a global investment management company headquartered in New York. The company invests in a long string of profitable areas such as private equity and credit funds but excels most in traditional asset management and liquid market funds.

A brief overview of Fortress investment group

The firm has been around for quite some time now as it was established in 1998 by a group of financial experts led by Wes Edens. Thanks to their knowledge in how the finance industry works, the company amassed a tremendous rate of growth and by the time it was eight years old, FIG had increased its asset base by 40%. It was however publicly traded in 2007 after it held its first initial public offering and became part of the NYSE.

Major drawbacks

Even with all the success, no one knew what lied ahead and it would not be long because, in 2008, FIG suffered its first major drawback. Nevertheless, that does not come as a surprise because business is quite dynamic and even the slightest changes have the power to break a firm. In respect to that, FIG’s journey to success has not been always a smooth ride because it was affected by the 2008 financial crisis too that led to one of its founders being cites as one of the biggest financial losers. This crisis crippled the firm’s ability to finance the 2010 winter Olympics and the city of Vancouver had to take over the project.

Impressive comeback

Nevertheless, with such a strong management team, the world was certain that it would get back to its feet and true to that it was again on the rise and since then it has never looked back. Since then, Fortress investment group has seen massive success and has even be recognized by various prominent business publications such as the Institutional investor magazine which recognized FIG as the hedge fund manager of the year in 2014.
Today, Fortress investment group prides itself on a wide clientele base as it serves over a thousand institutional, corporate and private investors in the various sectors it operates. It also boasts assets worth over $36.1 billion under its management and currently has affiliate offices spread out across the globe in major cities such as Hong Kong, Los Angeles, Singapore, Italy and various others.

Other ventures

For the company, the sky doesn’t seem to be the limit because it continues to strategic financial moves. For instance, it acquired CW capital in 2010 so it can expand its horizon to the commercial real estate market spectrum. It also sets the pace for all the other companies in the liquid market by investing in unwanted assets and bad debts. Additionally, FIG recently accepted its $3.3 billion acquisition by Softbank group a global technology giant looking to expand its operations into the world of asset management.By accepting the merger, Fortress investment group in conjunction with Softbank will now be able to take over Wall Street as both of them boast a solid market base. FIG is already seeing its benefits by accepting the merger because as soon as It announced its acquisition, its share price in the stock market shot up. We look forward to seeing more and more of FIG’s growth in the future because at this rate there is no denying that it is indeed a powerhouse of the finance arena.

The Eyes That See Opportunity When All Others Seen None by Matthew Autterson

Investment management refers to the process through which a licensed Investment adviser engages an investor in order to actualize their dreams in a discretionary manner. It’s a line business guru, Matthew Autterson has chosen to follow. This includes all types of assets such as Real Estate, shares, securities, bonds among others. Commonly, those who seek collective investment schemes that need sound a second opinion from an advisor are heavily funded projects. Private investors enter into such obligations and others like the Pension funds, corporations, educational institutions, insurance companies, financial institutions, foundations among others.

Matthew Autterson has been using creative concepts in investment management that has given him the praise he has today. According to him for portfolio management to give yields, research is very important. Amidst an environment where economic trends are changing rapidly he digs deeper to find out what is beneath the surface. Effective asset management must go through thorough financial statement analysis, asset and stock selection, project implementation and continuous monitoring of activities and the investment.

Fund managers other than helping you make the right decision, they ensure compliance with the legislation and regulatory laws and examine the reports of the auditors and financial controllers. A sound investment is assessed using asset allocation, long-term returns, diversification, performance measurement and the investment style at implementation. The BlackRock and Vanguard are the largest fund managers in the industry.

About Matthew Autterson

Matthew is an independent investment management expert located in the Greater Denver Area. He is known for speculating successfully about private equity funds, hedge funds, and exchange-traded funds. The 3-P’S concept that focuses on people, process and philosophy are his underlying working principal. He is happy when his clients invest rightfully and succeed.

He is a graduate of Michigan State University with a Business degree. He has worked for Aspin in the Accounting, marketing, and development, where he stirred up growth. Matthew Autterson is currently working as an investment /fund manager and adviser in the United States.