Category Archives: Business Success

Boraie Helps People Who Live in New Brunswick

Ever since Omar Boraie moved to New Brunswick, he has been dedicated to the city. He knows the city has a lot of potential, and he wants to get the city back to where it can be the best place for people to live. Since Boraie knew what he was doing when he first started developing New Brunswick, he is confident he can continue to help people who want to see major changes in the town. He also believes he will have the chance to bring these improvements as long as he is working hard to make things better for other people.

According to Bloomberg, the idea of a positive community is what has allowed Omar Boraie the chance to make his business what it is. While he was good at development on his own, he has gotten even better thanks to the support the community has provided to him. He tries his best to show people what they can get from the community and the way the city will be able to see improvements in the future as long as he can continue developing it into what it is today. Omar Boraie has tried his best to ensure things will get better for other people.

Even when the city was distraught, there were things that Omar Boraie was doing to help it. He purchased lots that were vacant and buildings that were condemned. While he was doing this, he always kept the city in mind. A lot of people questioned what he was doing with the city, but he knew better than that. He knew he would be able to help others with the buildings he was creating. The first step to a better city was a proper development. Even having the high-rise buildings in New Brunswick would be exactly what people needed to help.

As things continue to get better for those who live in New Brunswick, Omar Boraie stands behind all of his work. Boraie Development still continues working on developing the city so they can make change for other people. He has a commitment to New Brunswick so he can help the citizens there. Since it is the city he calls home, he feels it is necessary to continue helping people with it. He wants them to be happy with all of the things he has done in the city. It is what has set him apart from other developers in the past.

http://www.nytimes.com/2005/03/06/realestate/at-two-extremes-of-a-housing-market.html

A Philanthropist With A Medical Call, Eric Lefkofsky

Eric Lefkofsky is the Chief Executive Officer of Tempus and also a successful entrepreneur. Mr. Lefkofsky came up with Tempus, a system that helps in fighting cancer. Tempus does research that assists medical practitioners in offering personalized services to people living with cancer.

 

The firm’s work is analyzing compiled data that supports physicians to treat patients using the information from other diagnosed patients. Tempus has been of significant help to doctors as they don’t have to waste time searching for solutions that were solved elsewhere. Doctors now can just log in and get the data they require.

Since the invention of Tempus, doctors can now work faster as they interact with their patients while avoiding comparing web-based data.

 

The entrepreneur Mr. Lefkofsky is also involved in other works such as publishing books. In one of his entrepreneurial books, he says that technology can assist any industry in overcoming challenges. He continues to say that, for any business to attain a market influence over others, they have to upgrade their technology.

 

Eric Lefkofsky is also a philanthropist and a trustee to several organizations. Some of these institutions are the Steppenwolf Theatre and Lurie’s Children’s Hospital of Chicago. He also founded Lefkofsky Family Foundation which has numerous schools and companies under it.

 

Mr. Lefkofsky is a blessing to the world because of touching lots of people via his bold actions. His entrepreneurial ability has created employment for the unemployed as well as his philanthropy acts mentioned below.  Visit lefkofsky.com to know more about him.

In 2016 November, Mr. Lefkofsky’s gave $1 million to Robert H. Lurie Cancer Center of Northwestern University. In September of last year, he donated half a million dollars to Stanford University in support of immunotherapy gastric cancer research. The University of Michigan was also a beneficiary of $1.2 million in the same month meant for cancer research. Weill Cornell Medicine received a quarter of a million in support of women who have breast cancer.  Based on crunchbase.com.

 

Among his other responsibilities, Mr. Eric Lefkofsky is a Trustee at Lurie Children’s Hospital. In 2013, he became a member of The Giving Pledge and pledged to donate half of their wealth to medical causes.

See http://investor.groupon.com/management.cfm for added info.

Eric Lefkofsky Achievements in Business, Philanthropy and Community Interests

Eric Lefkofsky is married, and a proud father of three children. Lefkofsky, the self-made billionaire (net worth $1.64) serves as the chairman of Groupon, a company he co-founded in 2008. He lives in Glencoe IL in the United States. The 47 years old entrepreneur and philanthropist studied Bachelor of Arts, and science as well as Doctor of Jurisprudence at the University of Michigan. His entrepreneurial journey began while still at University Michigan where he sold carpets. After obtaining his law degree in 1993, he, and Brad Keywell borrowed money to purchase Brandon Apparel.

 

He cofounded Uptake with Brad Keywell – his long-time business partner. The company exists to improve the operations and safety of other organisations using data science. Uptake raised approximately $45 million and ultimately grew to a value of $1.1 billion. It is this growth that saw the company ranked position one on the 2015 list of Forbes Hottest Start-ups. Eric and Brad were the brains behind the formation of Chicago-based firm Capital Firm Light bank that has investments in more than 100 countries around the world.

 

Eric and his wife Elizabeth established a charitable trust in 2006 known as the Lefkofsky Foundation. The foundation funds scientific, charitable and educational organisations and activities across the globe. Lefkofsky mainly focuses on meeting the needs and interests of children. Lefkofsky has funded over 50 organizations until present based on CrunchBase.

 

When it comes to his participation in spearheading the interests of the community, Eric Lefkofsky is heavily involved. He is a member of the board of directors at Children’s Memorial Hospital, Chicago, The Art Institute of Chicago, the Museum Of Science And Industry as well as a member of the board of trustee of Steppenwolf Theatre in Chicago. He also sits on the board of World Business Chicago and a co-chair of its Technology Council. In 2008, Eric was among the committee members who worked hard to ensure that the 2016 Summer Olympics took place in Chicago.

 

Eric’s newest big thing is Tempus. In July 2016, Eric gave out millions of dollars towards cancer research. Tempus is a start-up driven by the desire to find a smarter approach to curing cancer. It is typically a health tech startup for designing and building an infrastructure capable of modernising cancer treatment.

 

Visit Lefkofsky’s official Facebook at https://web.facebook.com/eplefkofsky/?_rdr

The Best Choice For An Advantage Care Plan

Those individuals that qualify for Medicare also have the option to get a Medicare Advantage Plan. Medicare Advantage Plans are also called Medicare Private Health Plan. These are plans that have contracts with the federal government, and they receive a certain amount per person for their Medicare benefits. There are different types of Medicare Advantage Plans and they include HMOs, PSFS, and PPOs. There are many things that an individual needs to know if they are going to enroll in a Medicare advantage plan. If an individual has a Medicare Advantage Plan, they still have Medicare. This means that they still have to pay their monthly premium for parts A and B of the Medicare coverage.

Medicare Advantage Plans have a limit to the out-of-pocket expenses for parts A and B, and they also provide additional benefits than just regular Medicare. These additional benefits can cover things such as dental care or vision care. Each plan can come with their own rules, and a individual does well to investigate the rules of each plan before they decide which coverage that they would want to take.

Read more: Meet Our CEO

Medicare Advantage Plans generally have a premium in addition to the Medicare premium. Generally, Each patient is responsible to pay the copayment whenever they see a specialist or a primary care physician. Individuals that are eligible for a Medicare Advantage Plan are individuals that have Medicare part A and B, and live in the service area. If a person has end-stage renal disease, they are not eligible for a Medicare Advantage Plan.

Many individuals have chosen to go with InnovaCare Health. InnovaCare health is the most popular manage healthcare service in the United States. InnovaCare healthcare has the mission to always put their patients first, and they promise to give quality health care to their patients. They thrive on strong patient provider relationships, and they constantly strive for growth as an organization. Some of the leaders at InnovaCare Healthcare are the following: Rick Shinto, M.D., MBA & President and Chief Executive Officer of InnovaCare. With the help of Penelope Kokkinides, Chief Administrative Officer. Leadership is something that is very important to InnovaCare, because they believe that good leaders provide excellent service to their employees, and their patients as well. InnovaCare Health believes that teams make the biggest impact, and as a team the providers and employees at InnovaCare healthcare work to pursue their vision and find effective solutions to difficult challenges.

Learn more about InnovaCare Health: http://www.businesswire.com/news/home/20141002006266/en/InnovaCare-Subsidiary-MMM-Healthcare-Acquires-FirstPlus-Medicare

The Phenomenal Helane Morrison and Compliance Practice

The fact that risk and compliance officer are assuming bigger roles in corporate affairs isn’t a surprise at all. In recent decades, the practice of risk and compliance has grown tremendously and gained relevance. Every major enterprise has such a department within the organization structure.

 

Risk and compliance officers also perform an essential task. They preserve the integrity and transparency of organizations. Compliance practitioners also harmonize organizational goals with resources available especially the workforce who must work towards the shared objectives. Another important role is that of linking their organizations to the government and regulatory authorities.

 

Practitioners in this industry, therefore, have to keep up with loads of new information hence the need for knowledge sharing. The Risk and Compliance Journal was established for such purposes. It assists members and corporate executives to understand the dangers that threaten their organizations lead to stakeholder apathy. The Journal goes a step further into analyzing the risks that come with expansion into global markets as well as laws and regulations unique to every industry. It then stops after highlighting actions taken by other firms to comply with expected standards.

 

One of the most experienced figures in the practice of compliance and risk happens to be a phenomenal woman. Helane Morrison has dedicated her career to gathering knowledge and using it to provide practical solutions. She serves as the Chief Risk and Compliance Officer at Hall Capital investment bank. Her background in law also makes her assume the lead counsel role. Overall, the investment firm has also trusted her to take on the duties of a managing director.

 

Apparently a busy woman, Helane was always an active student in her early days. She did her first degree in Journalism at the Northwestern University. She then proceeded to the University of California for a law degree at the Berkeley School of Law. It’s worth noting that she rose to the position of Editor- in-Chief at the California Law Review at the same time.

 

Helane Morrison is a respected figure in the community. She serves as a board member of the Regional Parks Foundation. At the American Bar Association, she sits on the Hedge Fund Subcommittee. Helane also published articles, journals and seminar papers as part of knowledge sharing in addition to giving a public lecture on risk and compliance matters.

Learn more about Helane’s career on Crunchbase.

Useful Information On Solo Capital and Its Philanthropic CEO Sanjay Shah

Solo Markets Capital is an investment firm that provides customized financial services that are particular to each client needs. It is a private limited company that was established in September, 2011. Since its incorporation it has specialized in investment management industries offering a myriad of services such as proprietary trading and consulting. The company is also involved in investment banking.

Solo Capital has set a new meaning to the term boutique firms having a net worth of over 15 million pounds, another 67 million pounds in assets and a cash flow of over 30 million pounds. According to these financial estimates the entity can correctly be termed a hybrid boutique firm. It acquired Old Park Lane Capital in a takeover bid that was finalized in 2014. This acquisition brought more expertise as it previously engaged in institutional and aviation stock brokerage. The company has an experience of five straight years offering quality and sound financial services. This has always left its various clients satisfied.

The company can trace its origin to the 2009 financial crisis when its founder and CEO first thought about creating it. Using his financial know-how and talent he started the firm which took off at a fast rate taking advantage of the financial crisis and offering job opportunities. The entity is part of the Solo Group which is controlled by Aesa S.a.r.i holdings. The company takes pride in offering quality and satisfactory customer experience to its clients.

Sanjay Shah is the founder and CEO of Solo Capital Limited which he founded after losing his job as a result of Britain’s financial crisis in 2009. He trained as a doctor but changed careers after realizing that he was not cut out to practice medicine. He zealously engaged in the financial sector as an accountant and worked for investment banks. He worked in prestigious banks such as the Merrill Lynch, Credit Suisse and Morgan Stanley. Apart from Solo Capital he owns over three dozen companies which are spread out in different continents and countries. In March 31, 2011 he earned an average of 19 million pounds after betting on the sovereign bet markets in Europe. This is a clear illustration of his insight and financial savvy.

Apart from Sanjay’s business prowess he is a philanthropist actively involved in fundraisers to contribute to research in Autism. He founded Autism Rocks a concert-based fund raising event that has seen various artists perform raising millions of dollars. His son’s diagnosis with Autism inspired the need to create awareness about the condition. Shanjay has been quoted saying that as a trained doctor he is interested in finding the course of Autism and finding a cure to it. Hopefully, he will find a cure someday.

Quarterly Report of Highland Capital Management

The Chairman and Co-founder of Highland Capital Management, James Dondero filed their quarterly report dated 3rd February 2016. The files show that they had acquired 69 new positions with Spdr S&P 500 Etf Tr (call) leading the list. They had also added 62 positions to already existing with American Airls Group Inc. (call) topping the list with 60% increase. They reduced 80 stocks of those held with Ishare Tr (put) being the most affected with -52.05% and sold out 119 stocks with Spdr Series Trust (put) topping the list. The files also reveal that they had amassed a portfolio value of $3.42 billion, a decline by $1.49 billion from their previous quarter value. This, however, did not consist of their $15.04 billion in assets under their management. Looking at the sectors, Health Care topped the list with an allocation of 20% while Consumer Discretionary closed with 10%.

James worked as the Chief Investment Officer of Protective Life’s GIC subsidiary. This was between the years 1989 to 1993 where he saw the subsidiary grow to over $2 billion. Prior to this, he worked for American Express first as a Corporate Bond Analyst and later as a Portfolio manager with over $1 billion of assets under his management. In 1993, Jim went into a partnership to open Highland Capital Management, an asset manager registered by SEC and which specializes in high-yield fixed income investments. Currently, Jim is the Portfolio Manager of NexPoint Credit Strategies Fund; affiliate advisor of NexPoint Advisors and Chairman of Cornerstone Healthcare, NexBank, and CCS Medical. He is also a board member of MGM Studios and American Banknote.

Jim is an alumnus of the University of Virginia where he joined McIntire School of Commerce. He graduated with Beta Gamma Sigma, Beta Alpha Psi having majored in Accounting and Finance. Jim is also a Certified Public Accountant, Certified Management Accountant, and a Chartered Financial Analyst. Jim, who has over 30 years of experience in equity and credit markets, chose to focus mainly on distressed and high-yield investing. He is known for his support of initiatives more so those dealing with education, public policy, and veteran’s affairs.

This article recapped http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/

Highland Capital Management Gains Some and Sells Some February

Highland Capital Management released its quarterly SEC form 13F recently. Looking at the top 10 by category gives different portraits of their holdings.

In total, the hedge fund had a portfolio value of $3.42 billion. The fund increased shares and added more companies, as well. The new entry, SPDR S&P 500 ETF TR, entered at number 9 by value. Other companies like Amazon Com, Eagle Pharmaceuticals, Danaher Corporation, and Intra Cellular Therapies. All and all, Highland Capital Management bought 69 new stocks to their portfolio.

Other stocks were sold that quarter. Among the companies are Nexpoint Care Strategies, Mckesson, Envision Healthcare Holdings, and Laboratory Corp American Holdings. Highland Capital Management sold 119 stocks in total.

Highland Capital Management’s portfolio remains balanced. 20% of the holdings are related to health care, with information technology and finance companies following at 18% each. Energy made up 12% of the portfolio, with consumer products and services following at 10%.

The first will look at the top 10 by value in the thousands. American Airlines, Salesforce.com, Patterson Companies, and Loral Space Systems gained increased shares in the portfolio, while IShares TR and American Express have gone down in shares. Anadarko Pete Corporation experience no change in percentage of portfolio.

The top 10 in number of shares more or less hold steady. Pendrell Corporation, Ocean Rig, Dryships, Cumulus Media, and Corning report no change in percentage of shares in portfolio. Kinder Morgan and American Airlines have gained space in the stock portfolio, while Spirit Realty and NRG Energy have lost space.

James Dondero, or Jim, graduated from the University of Virginia with a bachelors of science in accounting and finance. He is a Certified Managerial Accountant and a Chartered Financial Analyst, and has 30 years of experience in credit markets. He was employed as a credit investor in the 1980s, and his work included managing $1 billion fixed income funds for American Express. Jim co-founded Highland Capital in 1993, and is currently serving as president of Highland Capital Management. The firm specializes in credit investments and has had Jim Dondero at the helm since its inception.

Jim donates time and money to supporting initiatives in financial and math education, veterans and their families, historical and nature museums, and public health policy.

This article recapped http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/

The Life Of Jaime Garcia Dias

Jaime Garcia Dias is a famous Brazilian author who has written over 20 books, 10 of which were written before the age of 30. Now 45, Dias is known not only for being a well-known fictional author, but also for his work at helping to promote Brazilian Literature.

Born in 1970 in Rio Di Janeiro, Dias’ passion for writing began at the young age of 15 he’s stated on LinkedIn. By the age of 18, he had his first published novel. He attributes his love of writing to his father, author, Arnaldo Dias, and went on to study literature at the College of Rio De Janeiro.

In 1995, at the age of 25, Dias was able to pass along his passion for writing to other young Brazilian writers whose dreams were to become future authors. Dias accepted a teaching position at the Carioca Literature Academy. Gaining notoriety for his academic methods, Professor Dias went on to become Vice President of the academy just 2 years later. Dias eventually went on to become President of the academy in 2007, after being honored for his many years of commitment and hard work.

It was after receiving the honorable, White Crane Literary Award in 2001, that Dias captured the attention of the famous Argentinian writer, Josué Gomez. With Gomez’s help, Dias’ novel Caiu do Céu(Fell From Heaven), went on to become a best-seller in South America.

Dias’ current novel, Chronicles That Made Me A Man, are based on a compilation of weekly stories originally written for his weekly column in the newspaper, Journal do Brasil. These stories are based on memories from his childhood of his father.

Jaime Garcia Dias continues his love of writing and teaching in Rio De Janeiro, as well as his love for producing online videos. In 2015, Dias was honored with the distinguished ABC award for his exceptional work in Brazilian Literature.

Anthony Marsala Key In Madison Street Capital

 

Anthony Marsala, Chief Operating Officer and Co-founder of Madison Street Capial, LLC, has been chosen by the National Association of Certified Valuators and Analysts (NACVA) and the Consultants’ Training Institute (CTI) as part of the 2015 40 Under Forty program.

As stated in the article, “Madison Street Capital’s Anthony Marsala recognized by The National Association of Certified Valuators and Analysis” from the Chicago Tribune, the NACVA selected the nominees under the age of 40 that have outstanding advances in financial forensics, expert witness testimony, litigation consulting, business valuation, mergers and acquisitions and similar professions.

The NACVA and CTI states that this 40 Under Forty program is a chance for the best of the best to shine as experts and leaders in specific subject matters. Marsala was one of the 40 people selected from over 125 qualified nominations by the Executive Staff of NACVA and CTI.

Marsala’s specialty is in business valuation, corporate finance and M&A. In the past 13 years of working in this industry, Marsala has had a variety of positions, including performing and reviewing many valuation and transactional ventures. These ventures have been in a multitude of business industry areas with a variety of company sizes focusing primarily on middle market companies and early stage ventures.

Marsalas graduated from Loyola University in Chicago, with studies in both finance as well as Information System. He also has a Masters in Strategy obtained from Said Business School from the University of Oxford. In addition to his impressive education he is a member of the NACVA and the American Society of Appraisers (ASA).

Madison Street Capital is an investment banking firm that works internationally offering financial advisory services, M&A expertise, financial opinions and valuation services to both public and privately held businesses. Due to the vast array of services Madison Street Capital offeres, it is no wonder that Anthony Marsala has proven himself to be an exemplary businessmen making extraordinary advances in the industry.

These shining stars of the 40 Under Forty will be featured in a series of press releases, profiles in The Value Examiner, NACVA’s Association News, QuickReadingBuzz Blog and through other sources.