Tony Petrello is a successful businessman, philanthropist, and the Chief Executive Officer of Nabors Industries where he is one of the highest paid CEO’s in the United States. The company is a contract driller and oilfield service company that is one of the largest of its kind. Instead of fitting in with the common perception of a CEO as a greedy, money grubbing person who will do anything for a dollar, Petrello is quite the opposite and is known in Texas for his generosity and philanthropy. Recently, he donated $7 million to go towards the building of the Jan and Duncan Neurological Research Institute, which will operate within the Texas Children’s Hospital. The institute’s mission is to conduct research that might uncover the causes and ways treating neurological issues that children and infants face.
This cause is near and dear to Tony Petrello who has a daughter that has suffered at the hands of periventricular leukomalacia (PVL), which is a neurological disease that can impair its victims physically and have an effect on their speech, motor skills, and how well they are able to get around. After finding out that his daughter, Carena, suffered from a neurological disease, and after finding out that many other kids do as well, Petrello was motivated to find an answer. What he found after searching long and hard was that there was not a lot that was known about childhood neurological diseases. This spurred him on to become a part of the solution, and he quickly donated a large sum of money to the Texas Children’s Hospital and especially towards its Neurological Research Institute. Tony Petrello didn’t stop there but has continued to support the Texas Children’s Hospital since 2006. As a member of the Board of Trustees for the hospital, he hopes to make even more of an impact.
Tony Petrello has helped out with many other causes and has donated to many other charitable organizations. As an alumni of Yale University, he set up an endowment for a yearly prize that goes to students that work in the field of mathematics. He donated a total of $300,000 towards the endowment, and the reason he set it up was to honor Serge Lang, a mathematics Professor who was a mentor and friend to Petrello. The prize is there to encourage people to pursue their passion and to encourage experimentation in the mathematics community.
Talos Energy is a relatively new oil and gas company, founded in 2012. Based in Houston Texas, their primary focus is on exploration in hopes of finding new oil and gas reserves. Talos employs 200 people. Talos currently holds over 1.2 million acres of seismic inventory. They seek to maximize the output and efficiency of their assets using modern geophysical and seismic data.
Talos Energy unsurprisingly believes that oil and gas will continue to play major role as an energy source for generations. The large amount of acreage under Talos Energy operates at depths ranging from the shelf at 600 feet to ultra-deepwater drilling at under 3,000 feet.
Though Talos Energy is a new company, the company was created by a joint partnership between Apollo Global Management and Riverstone Holdings, as both companies had the common goal of expanding drilling operations in the Gulf of Mexico. Thus, though a new company the people who ran the former companies and oversee management of Talos Energy now have decades of experience operating in the Gulf of Mexico.
The company has seen notable success in their mission of exploring and finding new oil an gas reserves. In 2017, a Talos Energy oil rig operating 37 miles off the coast of Mexico discovered over two billion barrels. It was a major find but the find would not produce an immediate boon. Namely, because it would take 4 years to process the find. Talos Energy was taking advantage of a Mexican reform law that in 2014 allowed foreign companies to drill off its coast. Previously all oil off the Mexican coast was drilled by the Mexican state-owned PEMEX. In addition, the oil price has declined considerably over the last few years. Nevertheless, the company is optimistic it can take advantage of the major find in the coming years.
Talos Energy is a Houston based offshore oil and gas producer. It has now officially become public with the acquisition of Stone Energy. The closing was nearly a $2 billion merger with Louisiana’s Stone Energy. The merger between the two companies created a humungous offshore energy player that’ll be focusing on the U.S. and Mexican sides of the Gulf of Mexico.
Talos was founded in 2012 to focus on the Gulf region. Private equity firms that included the likes of Apollo Global Management and Riverstone Holdings invested in Talos. The vision was take Talos public through an IPO, but due to the oil bust in 2014 through 2015, it sabotaged those plans.
In 2018, when Talos Energy and Stone Energy merged, the CEO Tim Duncan highlighted deal as an enhanced combination. The Houston based Talos company began trading on the NYSE under the “TALO” ticker. When the deal closed, Talos stakeholders will own 63 percent of the company and Stone shareholders will own the remaining 37 percent. The equity capital market capitalization is estimated at $1.9 billion with an enterprise value of approximately $2.5 billion.
The Talos company will have over 1.2 million combined gross acres in the Gulf region, a daily production estimated at 47 thousand barrels of oil equivalent and reserves of 136 million in 2017. In addition, the new company will have greater financial flexibility, because it’s expected to have a $1 billion credit facility, $600 million initial borrowing capacity, and no material long-term maturities until 2022. In addition to the merger, it is underscored by the historic, world-class Zama oil discovery in the shallow waters of Mexico.
Tim Duncan the Chief Executive Officer from Talos Energy Inc. and the 10-member board of directors will consist of six members from Talos and four from Stone. The headquarters will be based out Houston, TX with additional offices in Lafayette and New Orleans.
OSI Food Solutions is one of the biggest food processing firms in the world. It has its headquarters in Aurora, Illinois. The firm has been expanding its operation to various parts around the world as it tries to make quality food accessible in the world top as many people as possible. In its expansion path, the company has expanded one of its plants. In Toledo Spain, the firm has a facility that is mainly used to produce chicken products. In an attempt to make the production in the plant better, the management has added 22,600 square feet of space in the facility. This is meant to make production go up as well as creating space for other activities.
The Toledo Plant was producing 12,000 tons annually before expansion. After the expansion, the production went all the way up to 24,000 tons which is double the production. The firm took this measure in preparation of the expected increase in demand for chicken products in Spain and Portugal. According to statistics relied upon by OSI Food Solutions, consumption of chicken products for the last two years has gone up by 6 percent. The demand for these products is expected to go up in coming years. In anticipation of more demand, the company has moved in to expand its facilities.
After the expansion of the facility, production of the firm grew to over 45,000 tons every year. Other parts of the plant that gained included storage, cooling, production, and service areas. The growth of the firm is expected to take production even higher in years to come. The facility has also created new test kitchen for research work. This means that the company will continue to test more food products that it wishes to introduce in the market. The tastes and preference of the people are changing quickly, and therefore food companies are in a constant rush to adapt to the changes. OSI Food Solutions is committed to research work as a way of ensuring that they provide high-quality food products which are equally safe and competitive. By giving the people the best foods, purchases will surely go up, and growth of the industry will follow.
OSI Food Solutions was started in 1909 by a German immigrant known as Otto Kolschowsky. Since it was started, it has strived to give people best foods. So far the company has expanded to over 17 countries, and the process is still ongoing.
The Fortress Investment Group has over two decades as the force of innovation in the financial industry started in 1998. The company began with a moment of success a trend it has carried over its working years as a private equity firm had its first initial public offering in 2007 and as the first large-scale private entity firm to take such a huge step. The Fortress Investment firm has a vast diversified global investments dealing with over 43 billion dollars of assets and having about 1,750 global investors. It is the investor’s permanent capital vehicle, for hedge funds and private equities. Fortress Investment Group was Brain Company of Wes Eden’s and Peter Briger who manages the San Francisco office and Randal Nardone who oversees the management of the head office in New York.
The three principles ensure the company overseas and specialize in assets-based investing, capital markets, corporate acquisitions and mergers, operations management and the sector-specific knowledge of institutions, public and private companies.The company assets investments fall in the credit and equity funds that have a broad diversity of various assets including capital, real estate, and the financial vehicles for creating of cash flow and in the long-term basis. The company boasts of having expertise in owning, pricing, financing, and managing of financial and physical assets. Fortress Group area of operations management includes developing various robust tools that aid in extracting the value of intricate investments. It excels in the strategic, structural and evaluating operational by gathering factual information from the ground enabling it manages it portfolios effectively.
In 2017 the famous SoftBank made a clean deal of 3.3 billion dollars acquiring the Fortress Investment Group.The company will continue its operation as a sovereign entity, and its headquarters stay puts in Newyork governed by Eden’s, Nardone and Briger. According to Fortress Investment Group employees, the acquisition is similar to their mission but offering a more extensive option of challenges and opportunities in the global market.The Fortress owners are more focused on having a dynamic team that develops the company into a leadership position in the ever-unfolding financial revolution. The SoftBank Group manages a vast global portfolio that leans heavily on companies that are advanced in Internet services, telecommunications, artificial intelligence, the Internet of Things, smart robotics and clean and safe energy technology. Its core agenda is supporting and investing in the information revolution in the financial sector.
“Data is a precious thing and will last longer than the systems themselves,” according to Tim Berners-Lee, noted father of the World Wide Web. One man appearing to embrace that theory is billionaire and serial entrepreneur Eric Lefkowsky, co-founder and Chief Executive Officer of well-known and prosperous Chicago-based enterprises including Groupon in 2008 and Tempus, the technology firm he established in 2015.
Lefkowsky has reported that Tempus has received an additional $80 million in funding from a group that includes existing new investors. The money will help the company continue to bolster the availability of cancer care that is more efficient and personalized. Tempus also takes advantage of cumulative solutions, allowing one cancer patient to benefit from knowledge established working with a prior patient.
Like knowledge, the Tempus funding also seems to have a cumulative aspect. The company has received $210 million since 2015. The most recent round of financing reportedly helps to both enlarge the reach of the corporation and boost its value to around $1.1 billion, securing the company a “unicorn” designation. The so-called unicorns are privately-owned businesses that hit or exceed a $1 billion valuation.
The most recent $80 million financing for Tempus included additional monies from Revolution Growth and New Enterprise Associates, joined by new investors Kinship Trust Co. and funds advised by T. Rowe Price Associates.
Lefkofsky also has reported rapid growth of his employee base, adding 30 new staffers each month to the 400 workers already in place. Tempus employees are identifying trends in overall cancer treatment by utilizing existing clinical data. Newer clinical data also is recovered from patients who are receiving current cancer treatments. Lefkowsky has noted that the collection of some data can be as straightforward as making a doctor’s hand-written notes about a patient something that can be digitally searched and used as a reference that also helps increase the number of care alternatives for future patients.
According to Lefkofsky, Tempus has established alliances on all levels of organized health care, including pharmaceutical companies and physicians seeking to develop and execute strategies for the efficient and effective use of big data.
Co-founder Eric Lefkofsky of Tempus Labs has helped to raise 80 million dollars more towards finding cancer molecular data in order to help future cancer patients and cancer patients who are currently battling cancer. Tempus Labs uses Molecular Data along with DNA and RNA from past and current cancer patients along with similarities to create date for how well and how not well treatments work. Without this data cancer treatment probably would not advance much farther but thanks to Tempus Labs located in Chicago, Illinois cancer treatment will now be able to advance much farther so people can get the proper cancer treatments and options that they deserve.
Cancer is an illness that nobody wants to go through let along see a loved one go through it. Eric Lefkofsky is so good at helping Tempus Labs find ways to further advance date and science for cancer because he knows first hand after watching a loved one who was very close to him go through cancer treatment plan just how much needs to be changed with it all. Tempus labs currently work with patients and their doctors to help them find the right treatment options for them based on certain demographics and criteria that they meet and what has worked for patients that have similar demographics and criteria in the past.
Tempus Labs has over 4,000 employees to oversee everything going on in the lab and to help any patients when they might need some guidance or help with finding information or the answer to any question they might have. These employees can also be used to talk to doctors of patients to find a common ground as far as treatment for a patient goes and as to what may or may not work for them. When it comes down to it at the end of the day Tempus Labs is there to provide quality care and services to patients who need peace of mind when it comes to their treatment. Having cancer is stressful enough but it can be even more stressful when you have to deal with the financial aspect of it.
When Randal Nardone co-founded Fortress Investment Group, he knew there were things he could do to make the investing process easier on everyone. He tried different things and that’s how he made a difference for everyone in the industry. There were times when he had to come up with new ideas and new things that would make the ideas better. Nardone knew a lot about the industry and a lot about the things that were going on in the industry. It helped him see things would keep changing and things would keep getting better no matter what.For Randal Nardone, the point of doing all this was so people had someone who knew what they were doing with investing. He knew a lot about the investments and about the way people used investments.
There were so many times when Randal had to make sure things were working for his clients. Even though he was the co-founder, he was very involved in the company. He spent a lot of time trying to show people they could experience more from the things that were going on and the things they were doing to get better at the way the industry worked. Even when Randal Nardone tried helping people understand the positive impacts that came from running their own investment company, he could give back in different areas. He could also make sure things were working for people who needed them and people who wanted to do more with the options they had. It was his goal to help others and his goal to give back in the industry.
Every time Randal helped people, he gave them a chance for a better future. Investing meant something to him and it meant he would have to make sacrifices. Other people understood this, too. Now that Randal Nardone is on a list of the top billionaires in the world, he knows he can continue making a heavy impact on everyone who needs it. He also knows what will happen to others if they have a chance to do things the right way. It’s his goal to always give back and always give others the things they need on their own. He plans on helping others so they have a chance to do things the right way. It’s his goal of helping that allows him to continue making Fortress Investment Group the best it can be in every situation.
Fortress Investment Group was formed in 1998 and since then, it has remained as a force to reckon with in the industry. The success of the company was reflected in 2007 during the initial public offering (IPO) which set the record as the first private firm to go public in New York Stock Exchange (NYSE). Currently, the company is a key player in investment management on the global platform where they deal with over forty-three billion dollars of assets for various investors. The company is headquartered in New York with over one thousand employees.
Areas of expertise
Fortress investment group mainly specializes in asset-based investment, operations management, corporate mergers and acquisitions, capital markets and management of portfolios. The asset-based investment is diversified to address several long-term cash flows investments such as real estate, capital, and vehicle financing. The company is accredited for their expertise in pricing, owning, financing and management of assets. In operation management, the company has developed robust mechanisms for extracting value from investments. In the recent past, Fortress Investment Group has successful managed mergers and acquisitions. Additionally, their personnel has immense expertise in such matters and the shareholders involved. The company has grown to become a specialist in capital markets and has adequate expertise in securing financing.
Finally, Fortress Investment group has an impressive record of managing portfolios of companies from diverse industries.
The company was established by Randal Nardone, Wes Edens, and Rob Kauffman. They brought vast financial expertise having previously worked at established companies. Their main aim was to establish an investment company that was unique in the market. The company was set to become an investment alternative by raising private equity firm and investing in high-end vehicles. In the first five years of operations, asset management grew from four hundred million to over three billion.
The first decade of operations was capped with various activities that elevated the status of the company. One of the earliest success stories was the involvement of Michael Novogratz and Peter Briger in principal positions in the company. They brought in considerable experience since both previously held senior positions from former employers. Another remarkable highlight is the several acquisitions such as the Canadian company Intrawest made between 2006 and 2007. The company continued to show outstanding growth which culminated by offering the IPO in 2007. The IPO, in particular, propelled the company to greater heights becoming the first hedge funds company to do so.
Jose Auriemo Neto is the Chief Executive Officer of JHSF Partcipacoes SA. He is also the Chairman of the company’s board of directors. JHSF is a real estate holding company in Brazil. It headquartered in Sao Paulo and was established in 1972. The company has been the first real estate company in the country to prioritize its assets such as shopping malls hotels, and airports among other projects. JHSF operates in other countries like the United States of America and Uruguay although most of its operations are in Brazil. He joined JHSF in 1993 and was made the company’s Chief Executive Officer in 2003 at the age of 27 years.
Jose Auriemo joined the company with new ideas and this enabled him to develop and diversify the company quickly. He pioneered the establishment of several departments in the company after establishing Parkbem, a parking lot management company. He has also been serving as the company’s executive board officer since 2009.
JHSF has grown tremendously under the leadership of Jose Auriemo. In 2006, he led JHSF in the launching of the state-of-the-art Cidade Jardim complex, which is one of the best shopping centers in Brazil and the South American region. In 2007, the company was publicly listed to be providing shares to the Novo Mercado belonging to BMF & Bovespa Company. The company increased and diversified its investments be developing new projects including Catarina Fashion Outlet and Horto Bela Vista Complex among other ultra-modern real estate projects.
The company also developed the 815 building in New York’s 5th Avenue. The company is instituting strategic partnerships with Daslu, a leading luxury brand in Brazil, to expand its market. JHSF is also expected to establish partnerships with Reebok Academy, Louis Vuitton, Montblanc, and Cinemark among other famous brands both locally and internationally. The company is also planning to develop shopping complexes in major cities all over the world.