Commit and Succeed

One of the biggest pleasure in life is doing what other people say you can’t do. Roscoe Pound defined the law as a form of experience developed through reason and applied continually to further experiences. People crinkled by law, have no hopefulness but from power. If laws are their adversaries, they will be foes to laws; and those who have much to be optimistic about and nothing to lose will always be dangerous. Laws keep people in check; lawyers act the part of universal law enforcers. The nest lawyers are always recognized by what they have accomplished.

Frans Schoeman is an acknowledged name within the law society. His efforts in the field have been acknowledged by many who have had the pleasure of working with and alongside him. Frans Schoeman is an alumnus of the Free State University. With more than 21 years in the field to back him up, Frans has acquired a lot of experience in the practice having the chance to work with quite a variety of clients. Frans currently holds the position of director at Phatsima Diamond, a law firm located in Bellville South Africa. The firm comprises of proficient veteran lawyers that have been in practice for a considerable amount of time and have acquired much-needed skills to give quality and affordable legal aid to its clients. The partnership includes accredited lawyers such as Joubert Shoeman that have been in the practice for more than 14 years

The firm’s main expanses of practice include administrative law, competition law, labor law, commercial and corporate, municipal and state law among others. As a testament to his prowess in the field, Frans has won some acknowledged lawsuits. His most admitted triumph, however, remains a court case that resulted in an arbitration award summing up to more than 120 million in Rands. One the side, Frans engages in a couple of other ventures, one of them being at TG Minister Group where Frans is the legal director. At TG Minister Group, he supervises legal negotiations, acquisitions, drafting, implementation and integration of laws. Frans also gives legal advice with regards to matters of law.

Frans Schoeman is a guru when it comes to the law. His work experience has taught him a degree of variable skills that he has applied to his practice to make him one of the most acknowledged lawyers in South Africa. Nothing came easy for him, and he has had to work his way up to the top with commitment and dedication. Unless commitment is made, there can only be promises and hopes. Productivity is never an accident; it is always the result of a commitment to excellence and intelligent planning that is focused primarily on efforts. Commit to a cause and succeed at it.

Kenneth C. Griffin

He was born on October 15, 1968 at Daytona Beach in Florida. Kenneth C. Griffin is currently an American hedge fund manager. Ken Griffin founded the Citadel which is a global investment firm. He is the CEO of this firm.

Citadel is one of the world’s renowned alternative investment management firms as they are ranked among the world’s largest and most successful hedge funds on businessinsider.com. As at May 2015, Griffin’s net worth was estimated at $6.6 billion.

Kenneth C Griffin is also known for his philanthropy. In January 2014 he made donation to Harvard University worth $150 million to the financial aid program. Harvard University is his Alma Mater and this donation was the largest ever received by the institution during that time. His donations to various charities and organizations have added up to about 500 million dollars.

During his freshman year at Harvard, Kenneth C Griffin was reading a Forbes magazine article which inspired him to start investing. While in his sophomore year, using a capital $265,000 of he initiated a hedge fund which focused on convertible bond arbitrage. This starting capital was sourced from friends and family, most notably, from his grandmother.

He had a satellite link get installed in his dorm so that he could get the market data as they occurred. This investment strategy helped save some capital during the 1987 market crash and the subsequent depression. This success with his initial hedge fund made it possible for him to begin a second fund. They both valued at just over one million dollars at the time. In 1989, he graduated from Harvard University with a degree in Economics.

After Kenneth C Griffin’s graduation, the founder of Glenwood Capital LLC and an investor, Frank C. Meyer provided him with an opportunity to invest $1 Million. Meyer made a 70% return on his investment, having his expectations exceeded by griffin. This was according to the New York Times.

In the year 1990 Griffin founded Citadel with a starting capital of $4.6 million. Eight years later the company had recorded a tremendous growth with a team of more than 100 employees and 1 billion dollars investment capital.

Two decades in the industry later, Kenneth C Griffin has graced Forbes’ list a good number of times in the Forbes’ 400 in his position as the CEO of Citadel. His debut appearance on the Forbes’ 400 was in the year 2003 with a net worth estimated at $650 million. He was the youngest self-made man on the list. He was 34. The following year, at 35 he was ranked again on Forbes’ as the eight richest American under forty self-made and US-based wealth. In 2006 again he was on the Forbes’ 400 and this time as the fifth youngest out of the seven members under the age of 40. The following year his net worth was an estimated 3 billion dollars and by 2014, seven years later, his net worth was at an estimated 5.5 billion dollars.

His company Citadel has received an award for being among the top ten Great Workplaces in financial services. The ranking was done by the Great Places to work Institute, based on the findings of a survey by citadel employees.

You haven’t succeed until you purchase New York real estate

Chinese residential customers may have a concern with prices, but they know when a NYC apartments for sale has a good value. Some Chinese’s residential are extending their footprint in the business. Potential buyers were speaking on how they would like to increase their footprint in this market at The Real Deal.The main thing that they look at when looking at New York real estate is the basis. They mention how there is always a demand for New York property, and that there will always be buyers.

Fredrik Eklund and Douglas Elliman Broker, who is the star of “Million Dollar Listing, instill in customer’s head that you truly have not succeeded in life until you purchase an apartment in New York City.He referred to this method as the: “third new development wave”.Jonathan Simon, who is the founder and CEO of Simon Baron Development, believed that safety is the number one priority in New York appeal.He mentions how it is the safest city in America.

Chinese buyer is now exploring other options outside of prime Manhattan. Chinese buyers are now looking into other New York City areas such as Harlem and downtown Brooklyn. When investing in new York City, foreign buyers should bring a lot of cash because financing can be a tricky situation when dealing with New York’s property.

Town Residential is a leading luxurious estate service that is in New York. The company specializes in marketing, sales, leasing, and luxury residential sales. They are known for their perfection in the business.The company was founded in 2010,and was created by Andrew Neighbor and co-chaired Joseph Sitt. The company is composed of people who are expertise in the business. They offer their clients the best services. The company has won many accolades such as Top 50 Best Places to Work in New York City and Best Firm to Work For. If you would like to read the full article on The Real Deal, please be sure to visit http://therealdeal.com/blog/2015/09/12/chinese-are-spreading-their-wings-in-nyc-resi-experts-say/ for more information.

James Dondero of Highland Capital Management

James Dondero (CMA, CFA, CPA), president and co-founder of Highland Capital Management, collateralized loan obligation leader, is a man of incredible talent as well as variety. Chairman of Nexbank, CCS Medical, and Cornerstone Healthcare, he is connected to 9 organizations spanning 20 industries. Graduating from the University of Virginia from the McIntire School of Commerce (with honors of Beta Alpha Psi and Beta Gamma Sigma, the highest honors), Jim Dondero began his career as an analyst in the 1984 Morgan Guarantee Training Program, and was earlier responsible for managing around $1 billion in fixed income funds for American Express, and later employed by Protective Life’s GIC subsidiary, where he was responsible for managing, as well as raising, more than $2 billion in assets. Highland Capital, the company Mr. Dondero is currently president of, and it’s affiliates, are currently managing over $21 billion worth of assets as of March 31st. He is also a Certified Management Accountant (CMA), and may also use the title of Chartered Financial Analyst (CFA), and has been a director and chairman of Prospect Street Income Shares, Inc. and Phy since July of 2001. Other examples of his market skill can be found throughout his career, with experience in leveraged bank loans, derivatives, emerging markets, common and preferred stocks, investment grade corporates, and mortgage-backed securities. With over 30 years of industry experience, James Dondero is not only a man of many talents, he is also a profound philanthropist. Supporting various initiatives in veteran’s affairs, public policy, and education, the wealth he creates and manages spreads to others in a very large and powerful way. With great investment insight, as well as a profound knowledge and wisdom of accounting, economics, investing, and finance, James is an industry leader who has not only the skill and tact to lead companies, but the worldly insight to create serious earnings for others and lead those companies into the future. The growth and stability of the assets he manages are a profound example of this insight. His extensive experience in the credit and equity markets is another incredible example, which has been primarily focused on high-yield and distressed investing, a highly difficult environment to break ground in. Also responsible for Highland Capital’s operational and strategic investment initiatives, his sense of the market as a whole and his feel of the company he co-founded in 1993 has shown that for over 30 years James has been not only a lucrative, but a responsible industry leader, and for 22 years has been a profound influence on the company he helped build.

Susan McGalla

Susan McGalla is a American Business woman who was born in East Liverpool, Ohio with her two older brothers and her father, who was a football coach. She currently resides in Pittsburgh, Pennsylvania with her husband; who is a wealth manager, and her two kids.
Susan McGalla on susanmcgalla.com was raised as an equal among her brothers and her father did not cut her any slack just because she was a girl. “I was brought up by parents who encouraged me to work hard and present my good ideas with confidence regardless of the audience,” says McGalla. To her, her gender and for that matter, any one else’s gender were not an issue. Gender roles did not stop her from succeeding, nor did it help her advance in the working environment. “As a result, I have always been equally comfortable with men and women and excelled in working with both,” McGalla explains. That confidence in McGalla has helped her succeed and excel in all of her careers and opportunities that she took which has helped her thrive the most in any aspect of her life, whether it be work or general life.
McGalla received a Bachelor’s of the Arts Degree in Business and Marketing from Mount Union College before her career at Joseph Horne Company; an iconic, regional department store based in Pittsburgh, Pennsylvania.
At Joseph Horne Company, McGalla was in charge of various marketing and managerial positions throughout her career there, from 1986 through 1994 when they ceased operations. Later that year, she joined American Eagle Outfitters Inc. When she started there, her job was as a divisional merchandise buyer for women’s clothing. As the years went on, she soon became in charge of various managerial roles until becoming the president of the company in 2003 and the Chief Merchandise Officer in 2007. While McGalla was at American Eagle Outfitters, she even oversaw the launch and release of the company’s Aerie and 77kids brands. She was at American Eagle outfitters until 2009.
McGalla then became a private consultant for retail and financial industries at HFF Inc. She was also appointed to the board of that company. HFF Inc is a large provider of commercial real estate and capital markets services to the U.S. commercial real estate industry.
Working for HFF Inc has help Susan McGalla find her own company called P3 Executive Consulting, LLC. McGalla is an expert consultant to clients on branding, marketing, talent management, operational efficiency and more. Many financial business men and women go to McGalla for any of their questions pertaining to the retail and clothing industry. McGalla has even taken a position as the Director of Strategic Planning and Growth for the Pittsburgh Steelers. She helps foster and grow this iconic brand.

EVERY ACCOMPLISHMENT STARTS WITH TRYING

Success does not lie in results but efforts. Being the best is not so imperative, doing the best you can is all that matters. It doesn’t take a lot to recognize greatness, successful people look like you and me, the only difference is they know what they’re after and won’t halt at nothing till they reach their goal. The current CEO of Brooknol Advisors, Brian Mulligan knows a thing or two about what it takes to be at the top.
In his 30 years in the business, Brian has been fortunate enough to hold some esteemed positions in different media/entertainment houses.CEO of Universal Television, Co-Chairman of Universal Pictures, EVP/CFO of a Fortune 50 company, chairman of FOX Broadcasting and Cable,EVP of Strategic Planning and Corporate Development Universal ,SVP of MCA INC , Vice Chairman of Media/Telecom of a Money Center Bank, Senior Executive Advisor Boston Consulting, , and worked extensively in/with private equity. These are all positions Brian has served and has been Influential in the management of over $175 billion of media and entertainment transactions.
Brian Mulligan is adept in almost every field he puts a little effort into. Music publishing, film, sports, TV, Cable, cable channels, broadcast, video games, international entertainment, theme parks, property structuring, are all things Brian is eclectic at. Brian is an avid sports contributor being part of the Sports Business Institute and International Entertainment and Media Roundtable and is also a featured speaker on sports broadcasts. Through his many engagements in numerous activities over the years, he has acquired a number of accolades including “top 50 most powerful people in Hollywood” by Premiere Magazine.
Brian’s philanthropist is also evident in his work with his engagement in various charitable causes a namely; City of Hope, MCA Charities, United Way, Land of the Free Foundation, YMCA, USC Marshall School Dean Scholarship Fund, UCLA Anderson Dean Society, UCLA Lifetime Associate Member just to name a few. Brian has done it all, his prowess in different fields comes as a gift to many, gifts he has worked his whole life to have. Brian has lived a life to be emulated conquering everything that comes his way. Success comes from perceiving that you did your best to become the best that you are capable of becoming.

Financial Updates

Last year, 2014, when Forbes ranked the top 400 richest people in the United States, of course, Ken Griffin was on that list. Griffin ranked 103rd in 2013 on this list of wealthy billionaires and climbing. Last year, his net worth was at $5.5 Billion, so he has added a couple of bucks to that pot of gold over the last year.

Ken Griffin on insidermonkey, Founder and CEO of Citadel LLC, one of the largest and most successful hedge fund companies in the world. Griffin said in an interview, September 7, 2015, “fixed income investments will suffer if global economies start to accelerate in 2015 and monetary policy is tightened.” He said this during an exclusive interview this week with The Korea Economic Daily. Griffin also recommends that long-term investors could look at blue chip companies in Europe, Asia, and America that show shareholder friendly activities.

Griffin goes on to explain that although the economy in the US is doing well, the rate of unemployment has decreased to the point where the interest rates will start to increase. When asked how Griffin saw the global economy, he commented as best he could saying that the world economies are performing the best that could be, considering they perform differently from one continent to the next. Europe continues to struggle following the 2008 financial crisis. Investors are still feeling the after-effects of the 2008 crisis and are anxious for the economy to grow. Investors should concentrate on where they can invest capital that would generate a healthy future on returns over time. Thus differentiating between trading and investing is essential.

Aside from Kenneth Griffin’s financial stardom, he is far from not sharing his wealth. He is very involved in the education programs in Chicago. He generously contributes to the University of Chicago, Lurie Children’s Hospital and the Art Institute. Serves on the Board of Directors of the Chicago Public Education Fund, and personally donated $150M to enriching the lives of others. This does not include the donations of Citadel itself.

Citadel’s 25th Anniversary in business with Griffin at the steering wheel is gratifying to investors. With his confidence in the world markets and his insight into the future of these markets, we should be steadily returning to a confident place financially over time. We should hope that others are adhering to his advice.

When asked if he would ever consider running for Governor of Chicago, he responded without hesitation “no”. He enjoys his investment world and has no plans to jump into the political arena. He probably feels his plans for Citadel are not complete. He has been thinking of taking Citadel public. Nothing firm yet, but he is seriously considering this move for the company. As soon as he feels the time is right, we should not be surprised to see a public notice announcing Kenneth Griffin is taking Citadel Public.

The future looks bright for Kenneth Griffin, Citadel, and the future of one of the largest hedge fund companies in the world.

Highland Capital Management’s Co-founder James Dondero

Highland Capital Management is an investment consulting company that continues to offer its services to many established organizations in New York. Over time, HCM has established itself as a market leader, and keeps improving its quality of services each day. It is the firm’s experienced management and ever-changing strategy that has kept the company on the top. The hiring procedures in Highland Capital are equally streamlined. They hire the best personnel and train them so as to improve their performance and efficiency.
Currently, the company manages an estimated $21 billion in consolidated assets. They are headquartered in Texas, but carry out most of their operations in New York, Seoul, Sao Paulo, and Singapore. In the industry, they are recognized as leaders with vibrant potential on issues credit management. Their operation strategy involves the use of separate accounts, and credit hedge funds. Also, the company has diversified its portfolio, so as to balance and maintain high performance. They have invested their services in different industries that serve governments, a fund to fund, and endowments.
The process of acquiring and building Highlands has been a hectic one for James Dondero. Together with Mark Okada, they took a step to invest in shares of PAMCO. They bought a Protective Life’s stake in the company which gave them an advantage, and a strategic step in investments. From their investment in PAMCO, they established Ranger Asset Management, and later renamed it to Highlandfunds Capital Management by James Dondero. Over time, Jim has established a legacy as a business leader. For over three decades, he has gained experience in credit management, which has been instrumental in establishing his company, and driving it to success. NexPoint Credit Strategies Fund named James as manager in 2012. He continues to offer his services to the firm with the best attitude. As president, James executes strategies of the company, manages private equity accounts, and foresees operational initiatives.
Employees in Highlands Capital are treated with a high degree of respect. The management leads by example and shows all the employees that they are valued. This keeps the workers motivated, and ready to take a step further to guarantee company success. The company operates with a high degree of transparency and integrity, which is a source of customer confidence in the industry. It is understood that they are among the most trusted capital managers in New York.
The HR department of any company is vital to the success of the company. In Highlands, the Human Resource Department has strategies for signing up the best managers. They take the best and customize according to company needs. Consequently, the managers get competitive remuneration, which keeps them motivated to work. Also, they are given other benefits that range from financial to non-financial benefits like free medical care. Proper employee management serves as the secret to good results in profit making organizations.
Under the leadership of James Dondero, Highlands Capital has extended a hand of philanthropy to the Dallas community. The company thrives in giving and bettering the life of the less fortunate in society. It is such acts that make people in society potential customers.