James Dondero and Highland Capital Reach Cooperation Agreement with RAIT Financial Trust

At long last, an agreement has been reached between Highland Capital Management and RAIT Financial Trust. The former, helmed by portfolio manager James Dondero, released information about its holdings in the company to the Securities and Exchange Commission in November of 2016. In the time since, attempts have been made to adjust the membership of RAIT’s Board of Trustees. In May 2017, Highland Capital and RAIT reached a cooperation agreement whereby Highland Capital and its affiliates will vote shares in support of RAIT’s recommended slate of trustees at its annual meeting. Following the vote at that meeting, RAIT will appoint one of two candidates that have been recommended by Highland Capital.

Without question, the situation involving RAIT and Highland Capital is complex. It is a lot easier to make sense of things when you have a decent understanding of the key players. In particular, attention should be paid to James Dondero, the co-founder and president of Highland Capital. The innovative portfolio manager has more than 30 years of experience in the equity and credit markets. Throughout his career, he has demonstrated again and again his ability to effectively manage and strategize. The recent cooperation agreement between his firm and RAIT is just the latest example.The first thing to understand is that in November, Highland Capital reported its holdings with RAIT to the SEC. According to the filing, Highland Capital owned 5,282,377 shares, which is equivalent to 5.9 percent. James Dondero and Highland Capital understandably wanted more representation on the Board of Trustees, and that is when the back-and-forth began. In the end, two candidates who have been recommended by Highland Capital will join the board. One will join right after the matter is voted on, and the other will within 120 days of the agreement being reached.

How has James Dondero been able to navigate his firm through so many complicated situations? It is easier to understand when you are familiar with his history. A native of Hoboken, New Jersey, James Dondero attended the University of Virginia’s McIntire School of Commerce. He graduated from the school with high honors in 1984 with dual majors in accounting and finance. Directly out of college, he worked as an analyst on the Morgan Guaranty training program. In 1985, he began his role as a corporate bond analyst for American Express. He remained with American Express until 1989.In 1990, James Dondero and his partner Mark Okada became involved with a joint venture with Protective Life Insurance Corporation. This venture initially became Protective Asset Management Company, or PAMCO. It remained partly owned by Protective Life for a few years. In 1997, Okada and Dondero bought out the company’s stake. The following year, Highland Capital Management became official. The company became a successful, independently owned alternative investment management firm. In 2014, it had approximately $18.7 billion in assets under management. James Dondero lives in Texas because Highland Capital is headquartered in Dallas. The firm also has offices in New York City, Seoul, Sao Paolo and Singapore.

Highland Capital is now one of the largest and most experienced worldwide alternative credit managing firms in the world. It employs more than 180 people and specializes in complex debt deals, emerging trends and turnarounds. James Dondero and Highland Capital were instrumental in the early days of the collateral loan obligation, or CLO, market. Meanwhile, RAIT Financial Trust is a real estate investment trust, or REIT, that provides direct lending to owners of commercial real estate through a full-service lending platform. It makes sense that Highland Capital and James Dondero are interested in this particular REIT, and it will be interesting to see how the collaboration unfolds.The collaboration agreement between RAIT, Highland Capital Management and James Dondero is just the latest in a long line of successes not only for Highland Capital but for Dondero as well. While handling business for Highland Capital consumes much of Dondero’s time, he is also actively involved in many other funds and organizations. He is on the Boards of Directors of MGM Studios and American Banknote, and he serves as Chairman of the Board of Cornerstone Healthcare, NexBank and CCS Medical Corporation. With so much experience in this arena, he should have no trouble navigating things with RAIT. Learn More.

Doug Levitt Shares His Thirteen Years of Travelling in Greyhound busses in His New Book

Not everyone had correctly predicted the election of the newest U.S. President Donald Trump, as most people thought that Hillary Clinton would win the 2016 elections and would be the next president of the nation. However, one of the things that Doug Levitt learned during his thirteen years traveling through the United States, more than 120,000 miles, is that there is a lot of alienation in the country that people is not aware of. He predicted correctly who would be the next nation leader in the white house, and, he is considered, probably correctly, to be the man alive with the broadest and most extensive knowledge of the American society and its culture.

Traveling through all these years in Greyhound buses is amazing. Levitt’s been doing this for Doug’s newest research, and to develop a book he calls the Greyhound Diaries. Through his constant traveling and meeting new cultures around the nation, most of which most Americans aren’t even aware that exists, is something that is really amazing if considering the amount of work that Doug Levitt has put into the development of his book.Everyone is keen to read the pages of that research, stated an American interviewed about Doug Levitt and his Greyhound Diaries.

For those who are not aware of the reasons behind the 13-year study that Doug Levitt is conducting, it goes way beyond the urge to get to know the United States as a whole. According to the author himself, when you use these Greyhound busses, you are using them because you cannot afford a better option. That had opened his eyes when he began to use these public transportation systems. He met all kinds of people, and learned more in these thirty years about the average population of this country than he had during his entire life. According to Levitt, it is not an art anymore, but a way of life that he adopted for himself.Among the unusual people that he met during his years traveling in public transportation of the Greyhound kind, he met a neo-Nazi, or at least, a former one. Being a jew, Doug Levitt admitted that he was very scared of the encounter, but the man was actually a fine person.Stay tuned for Levitt’s Greyhound Diaries release.

Fabletics Using Efficient Strategies For Success

Fabletics as we all know is being handled by the talented Kate Hudson. She is the one person who is successfully guiding this brand to the next level and helping them make Fabletics a success. Activewear is always needed, and Hudson wanted to give a women a solace for when they look for things that match their lives. Fabletics is by far one of the best brands out there because of what they can offer women. Now women of any size can find an outfit for working out that can fit them since Fabletics brings the best designs for people of almost any size.

 

Fabletics is trying to take their work to the next level. They even have some incredible people who work for the company. Kate Hudson is the co-creator, and she recently brought in Demi Lovato to create a great campaign for young girls to stay fit and active and remain confident in themselves. Demi is very much for girls empowerment, and this is the way to do it. Fabletics is proud to have somebody like Hudson bring together the brand because of who she is and what she stands for. The company plans on opening several stores in person, and Hudson loves the idea because it will give women the chance to try on different activewear without any struggle. You can try on the clothes all day long and just choose what you want to buy online if you want to. It’s by far one of the easiest things you could ever do if you want to shop easily and get access to it all right now.

 

Fabletics remains to be one of the best companies because of how well Hudson is taking over the brand. In a way, Kate Hudson handles countless aspects about the brand in her own little way. The thing she does the most is focus primarily on handling differnet areas whenever she can. She isn’t always in the offices, but she for sure does her best to help around. She looks at data, researches the different things they can do as a business, and she strives to come up with solutions. Fabletics loves to provide their talent with everything they could ever want so they have an easy time shopping for the best activewear that they can find. Fabletics already has thousands of people using it every month, so now it’s your turn to join.

The U.S. Money Reserve: Dealing in Precious Metals Since 2001

The U.S. Money Reserve is the only gold company in the world and deals in gold, silver, and platinum. These are primarily in the form of gold and silver coins, but they do offer gold and silver bars as well. It is currently making its website more user-friendly to be able to reach more people. The U.S. Money Reserve was founded in 2001 and has grown since then into a global force. It is based out of Austin, Texas and the head of the company is Mint Director Philip Diehl.

The U.S. Money Reserve announced that its new website will be the face of the company with more user-friendly with an easier to understand format. There is also a coin gallery so consumers can see what the U.S. Money Reserve deals in. This new website is trying to educate people on the importance of buying and owning government-issues coins and bullion, as well as making the experience of buying precious metals with gold coins a pleasurable one.

The new website also has a Knowledge Center where customers can go to learn about gold and gold bullion. They are able to sign up for a free Gold Information Kit and visit the Knowledge Center to get information on precious metals and also the terminology that comes with purchasing, grading, and coin minting.

The new website boasts a tool that allows the U.S. Money Reserve to show quality content across different platforms, make it easier to contact and interact with clients, and offer precious metals for sale in an innovative online store. There is also live pricing options on gold and silver to ensure the customers get the best price of gold and silver. The site offers one-on-one private consultations, special releases that can only be found offline, and secure transactions with a BuyBack Guarantee so there is no loss to the customer.

The U.S. Money Reserve has a few different ways that customers or potential customers can get in contact with them. You can sign up through email, through Facebook or Twitter, call the toll free numbers, have them call you by filling out a short form, or mailing any questions or concerns to their mailing address. They are available 24 hours a day, 7 days a week and are looking forward to doing business with you.

 

UKV PLC Dissects The Entire Wine Production Process In France

The process of wine production in France is alien to many; not many people understand it at the very least. UKV PLC, a celebrated European wine company, tries to break the process down into small bits that wine lovers can understand.

UKV PLC advises that for beginners the fundamental thing to know about French wine is the wine appellation system in the country. According to UKV PLC, the Appellation d’origine controlee is the dominant wines appellation system in France, which categorizes wines by their places of origin. Apparently, the type of wine in France is dependent on the kind of soil, altitude, climate, and topography in its place of origin. Some regions are known to produce the best wines in France. Some of these areas include Burgundy, Bordeaux, and Champagne.

Different Wine Production Regions in France

UKV PLC analyzed the different wines from these regions. Côte de Beaune Chardonnay is the most popular wine that is produced in Burgundy. Located in eastern France, the region has a history of the best vineyards and winemakers in France. Burgundy also produces white and red wines. Bordeaux, on the other hand, is a region known mostly for exporting wine. Red wines are leading in the area, with its vineyards specializing in grapes production. As for the northeastern region of Champagne, most winemakers largely employ the double-fermentation production technique due to the high altitude in the region.

About UKV PLC

UKV PLC is a wines company that outsources for wines for their clients from different European countries. Located in the UK, the company also offers wine consultancy services to wine lovers.

Follow UKV PLC on Twitter.

Hussain Sajwani; the Brains behind DAMAC Properties

DAMAC Properties is a well-known company in the UAE that specializes in the development of high-end properties. It is known for some expensive stunts such as offering a free Bentley for every luxury apartment purchase. Besides that, the company is into designing golf courses. It is the company behind the development of golf courses for Trump’s company in the Middle East. Read more: Hussain Sajwani Interview  | Crunchbase

Hussain Sajwani Still Remembers His Roots

Hussain Sajwani’s career began in the food industry. He even has a plaque that commemorates the good work that he did for the US armed forces during the first Iraq war. During operation Desert Strom, he was in charge of supplying food to personnel serving in the US military. Learn more about Hussain Sajwani: http://www.nbcnews.com/news/world/dubai-billionaire-hussein-sajwani-ready-do-more-deals-trumps-n695566

Besides Iraq, he has helped the Americans in many other places such as Bosnia, the Gulf, and Somalia. Hussain Sajwani’s food business is still in existence today. However, it has been cut down to allow DAMAC Properties to concentrate mainly on real estate.

Hussain Sajwani’s Talent

Hussain Sajwani’s talent is his ability to make friends with almost anyone. It is a skill that has been acquired throughout the course of his career. It has given him access to some of the most astute businessmen on earth such as Donald Trump.

Hussain Sajwani has combined his good people skills with his great business skills to take advantage of the property market in the UAE. Besides that, he plans to take DAMAC public through an IPO at the London Stock Exchange. With the IPO in its initial stages, he cannot divulge too much.

About DAMAC Going Public

However, Hussain Sajwani has said that DAMAC is not in a hurry to offer the IPO. One reason for this is that they still have quite a lot of cash. Their debt/equity ratio stands at only 10 percent.

However, the DAMAC owner does acknowledge that an IPO would provide his company with some cash for expansion. Although he has refused to speculate about the value of the IPO, some experts put DAMAC’s capitalization to be in the single digits billions area.

DAMAC Properties began to emerge in 2002 to take advantage of the real estate opportunities in the UAE. Since then, it has expanded into much of the Middle East.

Securus: The Prison Telephone Company Keeping The Outside World Safe

As you can imagine, lifelong criminals will spend time in and out of jail. It is a lifelong yo-yo effect. Many of these criminals will stop committing crimes and get off the merry-go-round. But a certain percentage of them will perpetually commit crimes and those are the inmates Securus is targeting with its new software.

 

Just because you are incarcerated does not mean you stop committing crimes. Many gang members and other individuals involved with organized crime continue to plan and order crimes from the inside of prisons. The easiest way for these people to express their plans is through the telephone.

 

Securus Technologies is the company providing those telephone services. They take advantage of the situation by recording each communication transmitting through their lines. Of course, they put all of this information into a digital database that is separated by inmate number, time and date.

 

But many prisoners talk in a sort of code to evade law enforcement. With Securus’s new innovation, that code does not help them very much. The new software innovation allows searches of the entire database for particular phrases or someone’s voice. A recorded voice is deconstructed into its most basic compliments for analysis by the software. Once the software has walked onto the voice it can search the database for every phone call where that voice is heard.

 

This allows law enforcement to connect the dots on the outside of the prison. Perhaps a certain phrase continues to pop up on the same day banks are robbed in the area. They can then show a lawyer and a judge the connection between these phrases in order to secure search warrants and arrest warrants. Oftentimes, this valuable information is used to prevent crimes happening on the outside of prisons which keeps all of the safer.

 

Jason Halpern: Restoring Historic Architectural Works

Jason Halpern and his firm, JMH Development, announced that they were building a hotel on the Aloft South Beach, Miami. The hotel’s architecture borrows its design from the famous Motel Ankara.

Jason Halpern with His Team

The building will be eight floors high, having a total of 235 rooms. JMH Development, in collaboration with Madden Real Estate Ventures, were in charge of the projects. ADD architects designed the blueprints, while Plaza Construction did the standard construction.

Jason Halpern with His Wife

Jason could not hide his enthusiasm after landing the project. He showed off his firm’s proud history of reincarnating old designs. He added that the inauguration of the projection was a significant step towards the opening of Aloft South Beach.

The new beach resort is located at the ideal place, with numerous amenities in its vicinity. Surrounding the resort are the magnificent Collins Canal and Lake Pan coast. The world-class Miami Convention Centre is just a stone throw away. Furthermore, the hotel offers a picturesque view of the Miami Beach.

Jason Halpern with Milana

Apart from being an architectural masterpiece, the hotel incorporates excellent inbuilt features to provide a warm and cozy experience to its clients. A fully equipped gymnasium, roof deck lounge, and a spacious conference hall are available to customers. Also, swimming fanatics can enjoy the outdoor pool.

Jason with his Family

The Aloft group runs an extensive network of hotels, with over 100 businesses in 14 different nations worldwide. An affiliate of the Starwood consortium, aloft hotels objective is to provide rich and unforgettable experience to guests, with the use of modern infrastructure.

About Jason Halpern

Jason is the leader of JMH Development, a top property development firm. He became head of the company in 2010, after which the enterprise grew exponentially.

Jason Halpern with Model

Since its inception, JMH has invested billions of dollar in real estate. They specialize in offering guidance in the whole process of property development, from planning to marketing. Moreover, JMH has an exemplary record of restoring historic structures.

Kevin Seawright’s Passion To Help First-Time Homebuyers

Kevin Seawright has spent his career in both public service and in the private market. He spent 10 years working for the city of Baltimore in a variety of supervisory roles including as the Chief Financial Officer and the Vice President/Deputy Chief Operating Officer.

He has developed into a financial and administrative expert who has a keen sense of strategic vision. Seawright is now leading RPS Solutions, LLC (Real Property Solutions) as the company’s Managing Partner and Chief Operating Officer.

The Goal of RPS Solutions is to revitalize communities in and around Baltimore by assisting first-time homebuyers to purchase their first home. In order to achieve this mission, RPS Solutions constructs and renovates residential properties that provide affordable housing to area residents.

According to Market Wired, Kevin Seawright oversees the day-to-day operations of the company. He also works with RPS Solutions network of 20 contractors who perform the work on the homes that the company buys and sells. His other duties at the company include ensuring organizational stability, property management, and overseeing the staff of RPS Solutions and its volunteers.

Seawright’s goal since arriving at RPS Solutions in 2015 is to increase the homeownership rate of Baltimore from its present rate of about 48% to 66%. A big step towards that goal was attained in May 2016 when they were able to fill the Belvedere Square neighborhood in Baltimore with first-time homeowners.

When asked about this accomplishment, Kevin Seawright said that it was rewarding to both him and the staff at RPS Solutions to help make this happen. He also said that home ownership is a big part of stable neighborhoods and sustainable neighborhoods.

Another recent accomplishment was when Seawright was able to assist the son of a long-time government colleague purchase his first home.

Jerel Brown’s mother worked with Seawright for several years in the Baltimore city government, and Jerel Brown now works for Baltimore as well. He didn’t think he would be able to afford a home but Seawright pointed him towards a home he had just renovated. Brown’s purchase of the home is another success for both Seawright and RPS Solutions.

Learn more about Kevin Seawright: https://angel.co/kevin-seawright

OSI Group – The Leading Partner In Global Food Service

With the reputation of being one of the foremost supplier of custom-made and quality products to leading international retail food chains, the OSI Group is listed among America’s top 100 food companies.

Partnering with prominent food service brands, the organization consistently delivers an extensive range of superior quality products ranging from poultry, seafood, beef, pork and other processed food products across the globe.

Capitalizing on the strength of its global outreach and extensive competency, the OSI Group has a wide range of capability across various segments of the food processing industry, right from sourcing to processing and distribution. With the wealth and experience of nearly 20,000 trained, qualified human resources across 17 countries, the Group can cater to large scale requirements with unfailing quality.

The OSI Group continues to up its production capabilities through recent acquisitions such as the former Tyson’s Food plant, an impressive 200,000 square foot facility in close proximity to the Group’s other Chicago plants. To ensure sustained impetus to continuous business growth and provide a further boost to its existing capabilities, the OSI Group also acquired Flagship Europe, known for its Oliver James pies and sauces, thereby opening additional opportunities for the multi-million dollar Group.

In a bid to further strengthen its presence across Europe, the OSI Group also added Baho Food, a well-established Dutch manufacturer of deli meats and convenience foods. The addition complements the company’s key capabilities and offers a broader customer base in Europe.

The OSI Group also has the rare distinction of being the recipient of the significant ‘Globe of Honour Award‘ at a function held on 25th November 2016 given by the British Safety Council. The award was presented in recognition of the excellent administration of environmental risks and demonstration of superior environmental management.