FPX Receives Second Capital Infusion from HGGC

FPX is a independent SaaS vendor and a leader in global Configure Price Quote enterprise solutions. In April of 2016 they were acquired by middle-market frim HGGC, a private equity firm that focuses on e-commerce companies. After the successful acquisition, HGGC has infused FPX with a second investment of an undisclosed amount to help facilitate their already-underway global expansion efforts.

HGGC uses an “Advantaged Investing” model, where they find companies that are doing well, with a solid business model and good leadership already in place, and invest in their expansion efforts. With FPX already being a facilitator of Business to Business transactions, simplifying and streamlining their clients’ transactional infrastructure in the ever-changing digital marketplace, their acquisition and investment from HGGC makes perfect sense.

As an investing firm, HGGC has conducted over $15 billion in aggregate business transactions, and currently have over $4.3 billion in cumulative capital commitments. These numbers have helped establish their reputation as a global leader in e-commerce investing, a fast growing marketplace in the digital era. Their success stories include companies such as Selligent, MyWebGrocer and Hybris alongside FPX. They are based in Palo Alto, CA and have recently opened offices in Munich, Germany and London, England.

Rich Lawson, the Chief Executive Officer and a co-founder of HGGC, said that their confidence in FPX is very high and that his company was excited to help FPX continue its expansion under its current leadership. FPX Chief Executive Officer Dave Batt says he appreciates the vote of confidence and shares it with his investors.

Together, these companies are situated to continue to expand into the global digital marketplace as leaders of Business to Business transactions, CPQ solutions and e-commerce sales. FPX has formed partnerships with such companies as Microsoft and SAP, further strengthening their standings in the field. FPX has been engaged in a period of substantial growth already, so this undisclosed investment should help them capitalize on their existing momentum and push forward as a global leader. It is possible, according to Lawson, for FPX to dominate the CPQ market with the new investment and the current leadership.

https://adviserinfo.sec.gov/IAPD/IAPDFirmSummary.aspx?ORG_PK=145684

Serge Belamant: Creating The Electronic Future

Out of the need to help the financial industry to increase the accuracy, customers, and transparency Serge Belamant created Blockchain technology. Blockchain helped create cryptocurrencies by creating a program that keeps track of data. More specifically it keeps track of cryptography. Cryptography is a method of writing and solving codes. So be creating his process of processing computer coding Serge Belamant has opened the door for more data to be processed more efficiently.

Serge Belamant has accomplished an incredible amount since being born in Tulle, France in 1953. His father worked as a professional tiler. At 14 the whole family moved to South Africa and that is where he learned English. He was able to handle his school work while playing sports and being captain of different clubs during school. When he first started his College career he first studied to become an Engineer. Later he switched and studied Information Systems.

When he was 22 he chose not to complete his degree. He worked with finite element analysis software at a company named Matrix. He wrote coding that helped to find to best water level and to prevent and predict droughts for dams all over RSA. Later he developed computer models for the Council of Scientific and Industrial Research. Serge Belamant was named analyst of the year in 1980 and 1982 while working as Head Analyst at Control Data. While working with Databank he was able to create the first financial data processing system and he created the VIB network. He later became a consultant for Bancorp and advised in risk management by creating a program that analyzed risk and sustainability for businesses. His work there led to full membership at the RSA.

When he accepted a new position working for SASWITCH he fixed the problem of their computer’s inefficient processing and backup capabilities and he made it possible for all RSA computers to connect to one another. He also developed the POS system which processes financial transactions electronically.

Serge Balemant left SASWITCH in 1989 and developed Net1 Technologies where he created the Funds Transfer System and Universal Electronic Payment System. In 1995 he was hired by VISA and created the Chip Offline Pre-authorized Card. He was able to find a way of paying 10 Million people by creating the Variable Pin.

Currently, he has left Net1 Technology and he now runs Zilch Technology Limited where he keeps creating Blockchain coding. He also owns the patent for Blockchain.

Learn More: www.behance.net/sergebelamant

Executive Peter Briger critical in Fortress’s Investment Group relationship with Far East investors

Peter Briger stepped into the doors of Goldman Sachs in 1987, and just over 30 years later, the Forbes-listed Principal and Co-Chairman of the Board of Directors at Fortress Investment Group has become one of the most successful executive figures in the world of alternative asset investment classes.

The firm’s assets under management are spread across four distinct business or financial segments including private equity, undervalued assets, hedge funds, and well known permanent capital vehicles such as transportation, infrastructure, and real estate. Peter Briger would find success at Fortress Investment Group due to his intimate knowledge of certain Asian financial sectors– a key factor in Fortress’s effort to globalize it’s physical and non-physical holdings.

Read this article at bizjournals.com to learn more about Peter Briger.

Becoming part of SoftBank’s vision for expansion due to its extensive financial resources globally, Fortress was recently acquired by the Japanese based conglomerate in 2017 for $3.3 billion. In an effort to further diversify, expand, and drive growth, SoftBank opted to let Fortress operate almost independently- citing continued autonomy of successful leaders as crucial to the acquired firm’s future as a world-wide hub for corporate mergers, and private capital placement.

The Group is the first hedge fund in the United States to launch an IPO, bringing the world of private credit into the public. Becoming the first equity firm to become publicly traded worked wonders for the Group’s notoriety, and business dealings. Peter Briger, Wesley Edens, and Randall Nardone – the firm’s Principal operators – currently help oversee approximately $42.1 billion in assets with over 1000 investment managers turning the wheels of the multi-billion dollar firm.

Both professional and philanthropist, Peter Briger believes in passing on success to future generations in the form of time, money, education, and dedication. He remains an example of what happens when executive leaders become leaders of change able to drive progress in their communities.

Visit: https://www1.salary.com/Peter-L-Briger-Jr-Salary-Bonus-Stock-Options-for-FORTRESS-INVESTMENT-GRP-LLC.html

 

Steve Ritchie Initiates A National Diversity Campaign in A Bid to Save the Reeling Papa John’s

When it comes to Papa John’s, the new chief executive officer, Steve Ritchie, believes in a host of factors that have kept it going and how they will eventually pull it out of the ditches. He believes in the company’s diversity that has brought together over 120,000 individuals to work towards similar goals, pushing Papa John’s forward. He also believes in the communities in which its franchises operate. And more importantly, he believes in its management, its franchise owners and their employees as well as its institutional and individual customers that he fondly refers to as the Pizza makers most important ingredient.

Steve Ritchie has, therefore, launched a diversity campaign aimed at reminding each of these contributor’s, the significant role they play in the success of the brand as well as how the brand can help them in return. The launch and call to action were however preceded by a heartfelt apology by Steve to the Pizza giant’s customers and the general public in which he makes public is diversity program. He, however, acknowledges that the company didn’t live up to the consumer’s expectations and thanks them for holding the company and its employees accountable.

About the diversity initiative

The initiative primarily focuses on the brand’s culture and outlook in the eyes of the customer. T this effect, Steve Ritchie has called in a team of communication experts onboard to help the company’s management team understand the role their unconscious bias has on their communication. He hopes to extend this to all the franchises in a bid to help them improve their customer interactions.

Steve further understands that the company’s downfall was ignited by, and rightly so, the minority groups in the country, that also forms the bulk of the company’s labor force. He has, therefore, come up with a plan of restoring their trust in the brand and interest in the company products.

To start off, he is dedicating more resources towards the support and expansion of minority-owned franchises a gesture of goodwill. The company head has also pledged to dedicate even more resources towards supporting community projects geared toward bringing people together.

Gareth Henry Reveals the Value of Quantitative Analysis

Years ago before the development of internet trading tools, investors would rely on fundamental and technical analysis in order to make investment decisions. Most investors and trading professionals would use these two methods to evaluate securities. However, there was a small fringe group of investors who would use another unique method to evaluate securities. This method proved to be very effective and would often yield very high profits on a consistent basis. These investors would name this new method of security evaluation as program trading. This entailed using computer programs to determine which financial securities to buy and sell. While this method was quite successful, some expert believed that it was comparable to illegal activities such as pump and dump stock schemes.

Since there was a limited amount of resources to evaluate financial securities, investors and traders would need to often rely on their gut instinct to make decisions on which securities to trade. However, the introduction of program trading would change this forever. Program trading proved to be very effective for anyone who used this method to make investment decisions. During the next several years, traders using program trading got very good results by making very profitable trades. Due to the success of this method, it would later become the standard method of evaluating and trading securities.

Program trading would later become known as quantitative analysis. This method consisted of using mathematical calculations and models to evaluate stock prices and the value of securities. By using quantitative analysis, investors and traders are now able to more easily evaluate financial securities and determine their likelihood of profitability. Today, quantitative analysis is used by a number of investment banks, commercial banks, and hedge funds. It has now become the standard for making trading decisions for all of these entities and traders alike.

Gareth Henry has used quantitative analysis during his career. When he was an analyst at a financial services firm, Gareth Henry would use mathematical calculations to help his firm make better trading decisions. Later on in his career, Gareth Henry would then use his knowledge of quantitative analysis to help firms assist clients on making investment decisions. Today, Gareth Henry continues to recommend quantitative analysis to financial services firms and professionals in order to make the most profitable trades.

For details: www.crunchbase.com/person/gareth-henry