Fortress Investment Group is a company that was founded in 1998, and since then it has been headlining the financial world. For over two decades now the company has been leading the investment world and making millions. The year 2018 is one now that has seen Fortress Investment Group experiencing a lot of expansion and transition. This is because of its purchase by SoftBank Group Corporation that was set at 3.3 billion dollars. This integration is going to bring a lot of new opportunities for both companies and also allow them to take the financial world by storm. The two hope to come up with new developments in private equity funds and real estate that utilize the advancement in technology.
When Fortress first came into the market, it was a hedge fund that later grew to become an investor and global financier. Fortress Investment Group was able to go public in 2007 with an IPO that was put on the New York Stock Exchange. The closing date for the purchase by SoftBank occurred in 2107 in December. The past year of 2018 has been for integration of the Fortress Group Investments operations into that of SoftBank. These operations are being managed by Peter Briger, Randal Nordine and Wes Edens. Fortress has a record of 40 billion dollars in global assets that need to be integrated into the SoftBank operations.
The purchase of Fortress Investment Group is going to bring a lot of evolution to SoftBank whose strategy is to finance and support revolution and technology. Softbank’s founder spoke on the purchase stating that Fortress will help them expand their capabilities and assist them in establishing SoftBank Vision Fund platform. Fortress already has an excellent record and great leadership that SoftBank is happy to acquire and benefit from. SoftBank has always had a vision of incorporating asset management into their holdings, and with Fortress they can do this. With the purchase Fortress as part of the agreement can maintain their control of day-to-day operations. The main challenge will be an adaptation, but both companies are striving to continue building the integration and looking forward to more success.
Many people suffer from depression globally. In an incident where you realize that you are suffering from depression or any related mental ailment, you should seek immediate medical assistance. One of the institutions that offer quality treatment is Neurocore. Besides offering specialized forms of treatment, Neurocore also carries out some research that is aimed at formulating more advanced forms of treatment. While carrying out some tests on a patient who had suffered from depression for an extended period, Neurocore realized that the brain had incurred some significant changes.
Neurocore shared the finding with other researchers. All the research pointed out that when a person suffers from long-term depression, they are prone to incurring brain inflammation. It was also discovered that the biological brain changes were only noticeable among the patients who had untreated depression for more than ten years. Subsequent forms of research were also carried out to ensure that the results found in other patients weren’t just a hypothesis.
A survey was therefore conducted. Eighty participants took part in the study. Twenty-five of the patients had depression for more than a decade, 30 of the patients had never suffered from depression, whereas the other 25 had suffered from depression for less than a decade. The results were cross-checked, and it was concluded that long-term depression indeed leads to various biological changes within the brain.
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There has been devastating effects of hurricane Maria on Puerto Rico. As a category 4 storm it left the small island in shambles. Unfortunately, it threatened to leave millions of people suffering and have a far greater impact on their social economic status. Stream Energy was one of the first ones that wanted to respond to the hurricane victims. They have been able to restore power to millions of customers. More importantly, this has saved many families from the impact of the devastating storm. Stream is proud to have donated generous time and resources.
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