Monthly Archives: November 2015

Adam Sender’s Art Collection Worth How Much?

The story about Adam Sender and his impressive art collection starts in a place you would not associate with a leading hedge fund manager. Sender was successfully managing a hedge fund for his clients, and was doing a great job at earning his customers nice profits each year. While the clients were either taking their profits off the table or reinvesting i the fund, Sender was looking to grow his own profits at a much higher rate. He decided to look into the world of Contemporary art.

For Adam Sender to make the kind of money he dreamed about, he needed to get into an art position and hold for a few years, then turn around and sell when the market was hot. Sender had two things working against him however. The first was that he really didn’t have that much experience in the art world, the second was the art market could fluctuate and bottom out without any notice and wipe out his investments. Sender realized quickly that buying pieces from the masters like Picasso or Warhol would set him back millions per painting. One mistake and he would be out of the game before he made a single penny.

Despite these challenges, Adam Sender was not willing to simply give up on his dream and researched things a little further. This is why his hedge fund was such a success, he was always willing to put in the time to research and study before making any moves. What Sender uncovered in his research was that there were plenty of exceptional quality masterpieces out there, they were just painted by artists who were not as well-known as the masters. These painting were priced very reasonable, at $100,000 a piece, a bargain for the quality of work. If these artists got popular at any time, the prices could explode in no time at all.

Sender took a calculated chance and began buying up as man of those pieces that he could find. In 2006 he wanted to see how the market was, and listed 40 of his growing collection at auction. When he walked away with $20 million dollars after that sale he knew he had uncovered something here. Sender began buying more pieces over the last decade, exploding his art collection to 400 pieces by 138 of the best artists in the world. Last year Sender realized that now that he is out of the hedge fund business, he might want to unload the art collection while the market was still buzzing.

Adam Sender commissioned Sotheby’s to sell-off his entire art collection. The process will take approximately a year and a half, but at that last day, Sender is projected to walk from the auction having made $70 million dollars for his collection.

The Facts Behind BGM And The Vice President/Director Marcio Alaor

The BMG Bank based in Brazil is a privately owned financial institution that is under the control of the Pentagna Guimaraes family. This family, since 1930, has been involved in the Brazilian financial industry. In 1930, the family establish Banco de Credito Predial S.A.. This was a commercial bank that offered products to people and companies, it was later renamed Banco de Minas Gerais S.A.. The core business of BMG was wholesale and financing, until the mid 1990s came around. BMG was the market leader of being the ones who finance heavy and light vehicles during the 1980s.

Their main focus since 1998 has been in giving out payroll loans, making them the best at this type of organization. BMG signed an agreement of association with the Itau Unibanco S.A. company in July of 2012. They are geared toward offer, distribution and the comercialization of most of the payrolls in Brazil. Together, they put became a joint business venture named Banco Itau BMG Consignado S.A.. Then, in April of 2014, they both decided to sign an agreement that would mold their businesses together, with a main focus of payroll loans operations through the joint venture. Now, it is well known that BMG owns 40% of all of the total and voting capital stock. This means that Itau Unibanco has the remaining 60% in stock.

Some things you should know about BMG

One of the largest banks in Brazil is BMG Bank. The vice President and Director Marcio Alaor has become one of the parts of economic security that can actually be enjoyed. BMG has survived through two wars, being over 80 years old, and has had a slow entrance into the Industrial Age, but they are adjusting. As their history shows, they are quite good at adjusting and changing to adhere to the market, and this is one of the reasons that they have become such a solid financial entity.
In the terms of the credit marker of Brazil, BGM is a well known major leader. Marcio Alaor has a very diligent, hardworking team of professional bankers who are able to work personally with people individually and within the public and private sectors. They are a highly capable team who are working towards making better loans, payroll credit, home equity financing, providing financing for large and small companies and used vehicle loans. Mr. Alaor it the Bank Director of the main bank, even though it was founded by the Guimaraes family, and is also in charge of the payroll portion.

CipherCloud Internet Security Solutions

CipherCloud is a cloud security entity based in San Jose, California. The company commenced its operations recently in 2010 and has since transpired as a security behemoth. The company provides cloud adoption services to enterprises while at the same time ensuring round the clock security, compliance, and control.

There are several advantages as to why enterprises are shifting to the cloud and this includes information availability on demand, security, and enhanced disaster recovery rate. However, cloud technology biggest concerns appear to be cloud security risks and data compliance.

Courtesy of CipherCloud open platform the hurdle is eliminated because the company has rolled out a unified secure solution that fosters the security of all the deployed cloud applications. Some of the techniques adopted by CipherCloud platform to ensure utmost cloud information security include malware detection, data loss prevention (DLP), activity monitoring, and world class encryption mechanisms.

CipherCloud technology provides to businesses unrivaled visibility and control of the cloud data when it leaves your enterprise until it reaches its final destination.

CipherCloud has deployed security solutions that enable the enterprise to protect its data before it leaves the local machines inside the office. Such a scenario ensures persistent security that only the enterprise knows the exact unlock password. As a result, the enterprise has full control for data travelling to and from the cloud based systems. Courtesy of CipherCloud it is much easier to ensure data privacy, residency, and compliance while at the same time having valuable insights into cloud based activities.

CipherCloud platform encrypts data on a real time basis before releasing the same data into the cloud environment. The same data can only be retrieved when authorized users apply the correct decryption algorithm. The encryption and decryption keys are locally stored, and this means that the encryption decryption algorithms never leaves the clients premises and thus are not shared with the cloud provider in any manner whatsoever. CipherCloud Platform system also comes with data loss and malware detection and monitoring. These features resemble a multi-layer technology that is very difficult to penetrate even by using some of the most experienced information hackers.

CipherCloud viable business solutions have attracted the attention of venture capitalists and in 2011 the company managed to raise a seed funding worth $12 million from Andreessen Horowitz. In December 2012 they also succeeded in the second round of funding worth $30 million from Andreessen and index ventures. The company has also established successful ventures with technology heavyweights such as Amazon, Microsoft, salesforce.com and Google through their Gmail e-mail product.

CipherCloud has also established a robust partnership with Box Inc., which is an online file sharing program, and under the deal CipherCloud will be providing their solutions to ensure sound encryption to file sharing and hosting services.

Slyce and Visual Searches

There are a lot of ways to search for items online, but a visual search can be one of the best options. This is because you won’t have to search all day for what you want. You might wonder is Slyce has the right one for you.

What Slyces Visual Search is Like

There are several different ways Slyce can work for you if you want to use the visual search. The biggest one is by using the app. This app will allow you to add a photo of something you want and then they will find it for you. This is a great thing if are looking for a certain thing.

Why Use Slyce Visual Search

There are several reasons why you may want to use the visual search option in the app. One of the biggest is to make sure the item is what you want. If you aren’t sure what item you want, you can add in variations. This way you can find the item you need through the app.

How Slyce Works

There are several ways Slyce works. One of the biggest ways is by allowing you to take a photo of the item you want and putting it into the app. The app will search the internet for items that match what you are looking for. Then the app will present those choices to you as you are looking at the item in general. It may also give you various other items that are comparable.

There are a lot of options for finding the best item through a search, but you may not think about using a visual search. This search is going to be the best way to find the items you want in any color you are looking for. If you take your time and get the right photos, you will be able to find something that is going to be perfect for you and what you want.

Madison Street Capital’s Chief Operating Officer Is Recognized For His Financial Achievements

Madison Street Capital is known for putting great merger and acquisitions together. Charles Botchway, the CEO of the firm thinks the latest National Association of Certified Valuators and Analysts recognition of co-founder and COO, Anthony Marsala, is one of the most exciting honors the firm has received. COO Anthony Marsala is one of the people chosen to receive the 40 Under Forty Recognition Award for 2015. The award goes to people that display extraordinary abilities in financial forensics, merger and acquisitions, business valuations, litigation consulting and expert witness testimony.
According to the Chicago Tribune, all the honorees were chosen by the Executive Staff of the National Association of Certified Valuators and Analysts and the Consultants’ Training Institute. Each honoree is judged on their visionary leadership and their spirit of pioneering across all aspects of the financial spectrum regardless of their affiliations. The 40 Under Forty Recognition Award was designed to give the next generation of financial entrepreneurs’ opportunities and a voice in the industry.
The Executive Vice President for NACVA and the CTI Chief Operating Officer, Brien K. Jones, said the executive committee picked the best of the best from more than 125 nominees that were part of the selection process. The executive committee pick Madison Street Capital’s, Anthony Marsala because he is instrumental in managing the firm’s analytical teams and Madison Street Capital’s presence in the European Market. Marsala has an excellent track record in the merger and acquisition field as well as in business valuations and corporate finance.
Madison Street Capital is one of the leading merger and acquisition companies. Madison Street Capital focuses on transactions in Europe, Asia, and North America. Thanks to the dedicated service of Anthony Marsala and the other financial executives that work diligently to put productive deals together around the world, Madison Street Capital is building a strong reputation as a major force in the finance industry. Madison Street Capital also spends a great deal of energy analyzing emerging market around the world. Many of the firm’s recent merger and acquisitions are located in countries like Brazil, Mexico, and India.
This is not the first time Marsala has been honored for his financial abilities, and according to Charles Botchway it won’t be the last. Marsala is constantly finding deals around the world, and this honor proves that nothing gets in the way of a merger or an acquisition that can yield high returns for investors. Generating more profit is the name of the merger and acquisition game.

Terry Jones Named President of Institutional Products at Highland Capital Management

Business news coming from Dallas Texas indicates Mr. Terry Jones is the president of institutional products of Highland Capital Management. The appointment was announced by the company’s co founder Mr. James Dondero. Jones has over 25 years of experience in capital management industry. His new role would include maximizing the company’s sales platform. He is also expected to align the company’s the company’s portfolio is asset management to make it highly competitive. Mr. Jones joins a highly experienced and professional team of the highland capital management to propel the company’s growth.

Jones will directly report to Dondero. He is the company co-founder who has also had a vast experience in investment banking industry. Terry’s leadership is highly expected to manage the business’s substantial assets totaling to over $21bilion. Mr. Jones expressed his pleasure to work with the highland company to deliver transparent and numerous opportunities for the enterprise. In his speech after acceptance, Mr. Jones said he was proud to join an experienced team in fulfilling the business’s market target. Before joining highland capital management, Terry worked with highlands funds as the director. He also has served various positions in many financial companies.

Dondero is an experienced entrepreneur. The University of Virginia graduate is a specialist in finance and accounting. From his days in college, Dondero has grown his full career to serve in many companies as the board member. He is a member of CSS medical and cornerstone health care as chairperson. He began his career as an analyst in 1984 by working for Morgan guaranty training program.
He is a very active member in philanthropy. He has supported various initiatives in education, Health, and social welfare. Mr. Dondero helped build the GIC subsidiary of protective life as a chief investment officer. He is a chartered financial analyst and a certified management accountant. Follow him on FaceBook, Twitter, and Tumblr to get daily HCM updates.

The article is summarized from business news journal prnewswire.com through the link bellow:

http://www.prnewswire.com/news-releases/james-dondero-appoints-new-president-of-institutional-products-for-highland-capital-management-300165627.html

The Life of Soros – Businessman and Philanthropist

George Soros was born in Budapest, Hungary, in 1930 as Gyorgy Schwartz. He was the son of Elizabeth and Tivadar, who were of Jewish faith. His father was a lawyer.

Education and Early Career
Soros relocated to England in 1947 where he westernized his name to George Soros. In the UK, Soros would go on to graduate from the School of Economic Studies in London in 1952. He also attended the University of Toronto Mississauga. After graduating from Economics, Soros moved to New York to began a promising career in finance. One of his first jobs was as an arbitrage trader for a local trading house until 1959. He later became a trader analyst for Wertheim Company until 1963.

In partnership with Jim Rodgers on wsj.com, in 1973 Soros started a hedge fund called Quantum Group of Funds which to day is better known as Quantum Fund. He gained much fame for running the Quantum Fund. Indeed, at the height of success with the fund, Soros made more than $1 billion US Dollars during the UK currency crisis of 1992. The fund enjoyed many years of high returns with Soros under the helm.

Soros the Philanthropist
In the late 1980s, George Soros on opensocietyfoundations gave up his management role of the Quantum Fund and became an active philanthropists. He began to focus on donating huge sums of money worldwide through his Open Society Foundation which supports open societies and human rights in more than 100 countries. The opening Open Society location was established in Hungary in 1984. The institute began operation with an initial budget of $3 million.

Conclusion
Soros, with an estimated net worth of $26.5 billion, is one of the world’s wealthiest investors in history. In March of 2012, he was listed as the twenty second wealthiest person in the world by Forbes. Today, Soros is heavily involved in many philanthropic initiatives worldwide.

https://www.opensocietyfoundations.org/people/george-soros

BMG: A Great Family Owned Financial Company

BMG is a company that is owned by the Pentagna Guimaraes family. It is a private financial company. The vice president and director Marcio Alaor. Here is some great information about this wonderful company.

The Pentagna Guimaraes family that includes Mario Alaor has been in the financial industry for many years. The family started in the industry in 1930. This is when they founded the Banco de Credito Predial S.A. This bank was called this for several years until the family changed the name to Banco De Minas Gerais S.A. This bank was a commercial one that offered many different services to its customers that included companies and individuals.

Starting out BMG was a wholesale financing company. In the 1980’s it was one of the leading companies that gave financing to people for vehicles. Then in 1998 the business changed its tactics. Since 1998 the bank now focuses its attention on payroll loans as well. It has been very successful in the payroll loan business.

In July of 2012 BMG decided to partner with another company. This company was Itau Unibanco S.A. Their joint company is called Banco Itau BMG Consignado S. A. It provides payroll loans in the country of Brazil. This company is forty percent owned by BMG and sixty percent owned by Itau Unibanco. This joint business has allowed BMG to focus on other things and has had a lot of positive outcomes. It has allowed BMG’s vice president Marcio Alaor to help with the development of a credit card for payroll.

This company has always stood out in the market. This is because the family that runs this financial company has great sales skills. They also know how to efficiently operate a business. Their financial company brand is known nationwide because of their success and it’s many years in the business.

BMG wants to make sure that its company is running ethically. That is why it has put several measures in place to make sure this happens. Mario and the family made a code of ethics for all employees. They also have an anti-money laundering program.

BMG is a great family owned company. It’s Vice President Marcio Alaor has really made this company an amazing one. It has really involved throughout the years to provide its customers and the organizations it works with many different services. It’s a great role model for all financial companies around.

Taking Advantage of the New FreedomPop Wi-Fi Phone

FreedomPop has made a living off of providing inexpensive mobile phone services throughout the United States. In fact, it is what has made the company viable and competitive in the U.S. The startup is only a few years old as it bloomed out of LA just three years ago. However, it now has over a million customers and it is building each and every day. How is it doing this so quickly? By providing many of its customers free mobile phone services. Even for those customers who pay a small amount for their services, it is inexpensive compared to every other mobile service provider. Additionally, FreedomPop is always looking for new ways to save its customers money with the newest being Wi-Fi first phones.

The idea of a Wi-Fi phone is not new. T-Mobile provides services to customers that allows them to make calls over a wireless Internet connection. However, these phones do not necessarily instantly connect to Wi-Fi and there is not always a seamless transition from Wi-Fi to cellular data. With FreedomPop though, the phone it is looking at offering customers is a true Wi-Fi first phone and it is able to move from one technology to the other in order to make sure customers are able to receive the very best service possible.

By connecting to a Wi-Fi connection, it allows customers to avoid using up their valuable minutes, data and text messages. The more someone uses on Wi-Fi, the less they will use and the greater the chance a customer has at not needing to pay for more services. Now, it still comes down to where someone uses their wireless device and what sort of Wi-Fi connection is available, but there is the possibility of someone saving a considerable amount of money doing this. So, it really just depends on what individuals are looking to do, but ultimately, the new phone, which costs between $99 and $199 and is going to be released in 2016, is able to help customers save a considerable amount of money over what they are paying for their current mobile service.

Eric Pulier, A Business Man Who Uses his Expertise to Better Humanity

Eric Pulier is a renowned and successful businessman who has accomplished much in his young life. He is the Executive Chairman at Soa Software Inc. A company which currently applies programming interface. (API) is a set of technological protocols and tools used for building and producing high-tech software applications. His company helps businesses to fast-track their API deployment, drive developer adoption, and to further market and reach more customers. Some of the world’s largest and most successful companies today use SOA Software products to best utilize the power of technology, and to revolutionize their businesses. SOA software and Eric Pulier is recognized as among the leading and most successful entrepreneurs and forward thinking businesses in the world of technology. His technology and applications are widely used within all branches of government and his new and enterprising applications continue to set the standards for API programming everywhere.

Eric Pulier has made a lucrative career for himself by using his strong intellect to develop new ideas in technology and for business marketing advancement. He is a well educated entrepreneur, having graduated from Harvard University. He worked hard and proudly graduated with his BA, achieving the honor of Magna Cum Laude from Harvard in 1988. It is Harvard that first planted the seed for his love of English and American Literature and spurred his love of good writing. He is an accomplished, published Author and former editor who first wrote articles for the Harvard Crimson Weekly. His writings have garnered attention for him as an eloquent lecturer and public speaker. He is a popular and esteemed public speaker who currently articulates at technology conferences around the world.

Eric Pulier is a caring and genuine philanthropist. His diligent efforts further the uses of modern technology in a conscientious way to deal with persisting struggles like that of those living in economically disadvantaged areas, or for the physically challenged. Especially children. He has implemented using home computers to work as complex multimedia educational devices that feature a beam device that users who cannot maintain motor control can use as a keyboard communicator to be able to answer quizzes and relate with the system.It is unique ideas like this that Eric Pulier has used to better humanity through technology that set him apart as a philanthropist and businessman. Eric Pulier is an individual who uses his ideas to make the world a better place. Eric Pulier has helped those in need both here in the united states and all around the world.