Fortress Investment Group has invested in a Wi-fi company called iPass. Fortress investors can be assured this is a smart investment. Riley Financial put the deal together. The funding given to iPass was $20 million, with $10 million to start concentrating on revenue and being more profitable. IPass is the worlds biggest Wi-fi network that gives continuously on Wi-fi access to hot spots for businesses and customers. They have access in excess of 64 million hot spots globally. This amount has exponential growth potential expected up to 340 million by the end of this year.
Fortress Investment Group has always set the course for returns in investing with proper risk assessment. Investing in iPass is a no-brainer since people are more and more on the go and taking their work with them. This is the wave of the future. Fortress Investment Group has a track record that shows its successful investing. The hedge fund went public in Feruary 2007, and 9 years later was managing $70.2 billion dollars in different assets. They were also given recognition as Institutional Hedgefund Manager of the Year” by the Institutional Investor magazine. Wi-fi is growing rapidly and a good investment for the prospective future. It is clear to see that Fortress Investment Group has the wisdom and foresight to invest in iPass.
In the light of Fortress Investment Groups history, it was obtained by SoftBank in December, 2017. Historically, SoftBank has also been known for acquiring creative tech start up companies. SoftBank was looking for a company like Fortress Investment Group that could function independently in New York. Softbank’s goal is to get out of debt financing and get more into private equity through expanding its horizons. Though many have questioned this deal, it will enable Fortess Investment Group to be a private company again. There will be many advantages for both companies. Fortress is an operating lender and equity partner in real estate and mortgage servicing rights, which gets SoftBank closer to its goal of private equity. The merging of these to companies will no doubt be profitable for all involved and invested.
Sebastian Copeland Is an explorer, an award-winning photographer, an environmental activist, and he is also sponsored by Herbalife. Sebastian published his first book Antarctica: A Global Warning in 2007 and has won an award for the photographs published in this book. Copeland has also won awards for his features in National Geographic, Publishers Weekly, People, USA Today, and Larry King Live. some of his work also includes Hollywood movies, music videos, commercials, and photography in fashion.
With knowledge and experience in photography, Sebastian uses this platform as a medium for activism. His work helps people fall in love with their environment and helps them to appreciate beauty in the world. Personal commitment to the future of the environment has led him to other activities such as extreme sports, this medium allows for a larger viewing public.
Sebastian has led many expeditions to both polar regions, in an attempt to alert the most amount of people possible about the possible dangers our environment is facing in the near future. There is no doubt that Mr. Copeland is an ambassador for the world’s environment and he continues his effort to really make a difference, not only for this generation but for generations to come.
Copeland’s hard work and commitment requires him to focus on nutrition and the health of his body. Extreme sports require an immense amount of preparation both mentally and physically, Herbalife allows him the peace of mind, ensuring that he gets the right amount of nutrients to have energy during workouts and to be able to get a proper recovery in between workouts.