Posts in Category: Business News

The business Life of Sawyer Howitt

Sawyer Howitt works as a Project Manager at Meriwether Group with his father, David Howitt. The company works with entrepreneurs by acquiring brands that are successful, but disruptive. He has worked with various philanthropic organizations, such as affirming women’s rights and funding education. Alongside those endevours, he has mentored youth that has been deemed troubled and led ethnic studies groups. Sawyer is a high school senior planning on going to Columbia University for an Entrepreneurial Finance degree with the intent on helping businesses meaningfully grow.

Related: https://twitter.com/sawyerhowitt?lang=en

 

Sam Boraie Helping To Revitalize New Brunswick

In a great number of cities and communities across the nation, that specific locality desperately needs assistance in order to continue to flourish, if not just merely surviving. Government grants and assistance programs can be much needed, but bureaucratic red tape can often lead to delays so great that some local municipalities become crippled before this government aid can get to them.

Tremendous, much more immediate assistance can come from individuals and or corporations that make a concentrated effort to step up and make great contributions to help revitalize these communities. In New Jersey, Sam Boraie and Boraie Development is currently doing just this.

Sam Boraie, one of three Vice Presidents of Boraie Development, helps spearhead considerable efforts in revitalizing New Brunswick, New Jersey, in helping the company acquire new strategies in helping the company to grow more rapidly in charitable endeavors.

One entity receiving primary assistance from Boraie Development is The State Theatre of New Jersey. Boraie, who is on the Board of Trustees of the theater, a popular landmark in the city. According to Bloomberg, Boraie Development has sponsored the highly successful annual Free Summer Movie Series, uniting the community while featuring fan-favorite movies for years.

In addition to his time spent with the theater, Sam Boraie also invests considerable time and energy working with Elijah’s Promise.

Rutgers identifies Elijah’s Promise as an organization in the community working to fight poverty in the area, working to ending unemployment and hunger plaguing so many local citizens.

This organization helps to provide food and services for individuals in need. Over the years, they have created a number of different businesses, aiding in developing a stronger, more sustainable economic and social structure in an area that greatly benefits from, and desperately appreciates all efforts Sam Boraie and Boraie Development makes to provide the lift the community needs to rise up and thrive here.

Read More: http://www.njbiz.com/article/20141230/NJBIZ01/141239989/the-visionary-omar-boraie-has-seen-the-potential-of-new-brunswick-for-four-decades

Bruce Levenson Ferry Settlement Lawsuit

The AHBE (Atlanta Hawks Basketball and Entertainment LLC) is the previous ownership organization of the NBA franchise, and it has filed a lawsuit against an insurance company, New Hampshire Insurance Company. The basis of the lawsuit was a breach of a contract entailing the settlements of claims from Danny Ferry, the former general manager. The AHBE is inclusive of Bruce Levenson, a controlling partner. The lawsuit excludes the Tony Ressler-led group that currently owns Hawks.

The lawsuit was filed on September 13 in the Superior Court of Fulton County, and it is described as a civil action for insurance bad faith and breach of contract. According to AHBE, it was insured under an insurance policy catering for coverage for specific losses that relates to employment practices including certain acts of “Workplace Torts” as well as “Wrongful Termination.” Hawks and Ferry ownership reached a buyout agreement that took place on June 22, 2015, and it was undisclosed. The buyout ended a six-year $8 million contract signed in 2012.

Bruce Levenson is a renowned American businessperson. He is a profound philanthropist (http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html) and the former owner of an NBA team. Bruce was a co-owner of Atlanta Spirit LLC, currently Atlanta Hawks LLC, which owns and controls all operations of the Phillips Arena and Atlanta Hawks basketball team. Previously, Levenson has served on the NBA Board of Governors as the Hawks’ Governor since 2004. In 1977, Bruce Levenson co-founded a communications organization called the United Communications Group (UCG). He was among the founding board members and is currently serving on the Board of Directors of an IT industry media firm, Tech Target, which is publicly traded.

Information above can be sourced from brucelevenson.com and wikipedia.org.

 

Mike Baur and Swiss Startup Factory Changing Venture Capital

Mike Baur is changing ideas about venture capital and those who invest in young, unproven companies. Baur is the impetus behind the Swiss Startup Factory, an entrepreneurial business concept, which is a double purposed business. It is both a mentoring opportunity for new businesses as well as a way for venture capitalists to be on the ground floor of emerging business concepts that will soon revolutionize our world. The phrase, win-win, can be applied perfectly to the Swiss Startup Factory.

Baur hails from Fribourg in Switzerland where he is still connected to the beautiful city and the picturesque country of Switzerland. He became fascinated with banking and finance as a young man in a country known as a world banking capital. After Baur had graduated from the University of Rochester in New York State with an MBA, he went on to obtain an Executive MBA from the University of Bern, Switzerland.

Baur then began work in his chosen field at UBS AG, a Swiss global financial services company, headquartered in Zurich and Basel. He rose in rank from a commercial apprentice in his twenty years at UBS to sit as a member of the executive board.

Then in 2014, at the age of 39 when most executives tend to relax and enjoy their positions and power within an organization, Mike Baur struck out on his own to start all over again. His entrepreneurial voyage began with two partners as they founded the Swiss Start Up Factory. His company has become the number one independent, privately financed “Information and Communications Technology” (ICT) Startup Accelerator in Switzerland.

Baur’s foresight coupled with his financial experience make his organization the perfect launching pad for new companies with a fresh, saleable concept but lacking the necessary venture capital, office space, and experience. Baur’s company offers applications to untested ideas and firms that if accepted receive a sizeable funding grant, office space, mentoring, connections with other investors, everything a startup needs. All this for a small share of the company’s future net worth.

Baur is fully aware that many startups fail and his share of the company’s worth would be zero. He is willing to take that risk, and with his help and guidance new companies under his tutelage will avoid the pitfalls and go on to be viable and productive members of the business world.

 

 

NYC Real Estate Shopping Is A Lot Easier With TOWN Residential

NYC properties are very easy to find when someone is shopping with TOWN Residential, and it is import for the customers to come to TOWN Residential for help. They will learn a lot about NYC properties when they are shopping with their brokers, and TOWN Residential has an idea of how many of the NYC properties will be useful for their customers. Most of these customers are more likely to get NYC properties that they will love living in, and they will get to enjoy the lifestyle that they are already there for.

People come to New York because they want to live in the city, and it is very important for people to remember that they can get the lifestyle anywhere in the city. The lifestyle is the same in all parts of the city, but people need to remember that they can pick something that is near their work and nice to live in. They can pick out newer and more modern places to live, and they can get better prices on them because of the way that they can shop with the TOWN Residential team. Their team knows how to help the client find luxury and modern touches in their favorite parts of town at their given price.

There are many choices that people have, and it is all about how they want to live. It is part the location, and it is part the things that people can use as transportation in that area. They need to be sure that they are shopping with someone who knows all the parts of the city, and they can take the client to a place that makes them feel comfortable. Brokers at TOWN Residential know how to get this done in the right way and at the right price.

Mike Baur Is Passionate About Swiss Start-Up Factory

Mike Baur worked in the banking industry for twenty years and decided he was “not such a traditional spirit.” In an upbeat interview with the personable Jean-Pierre Vuilleumier, newly installed Pitch Training and Coaching Manager, Mike was asked why the Co-Founder of the Swiss Start-Up Factory called it a “factory.” Mike just chuckled and noted there were two reasons:

1 They are in the business of “manufacturing new companies,” and
2 “Young people have to work harder.”

That being said, it certainly echoes his strong, work hard with a passion philosophy.
When Jean-Pierre continued to dig just a little noting when there were no many “incubators” out there, what made the Swiss Start-Up Factory any different? Mike pointed out that SSUF had “skin in the game…their own money.” Also, they are independent and are not involved in politics.

Mike Baur should know. As the CEO, he is responsible for fundraising and financing rounds. Before he began his career in the banking system, he obtained an MBA from the University of Rochester in New York, as well as an additional Executive MBA from the University of Bern.

Perusing the Swiss Start-Up Factory website notes a mix of twelve young, dynamic and dedicated individuals as part of the Factory team. The thirteenth member appears to be a sweet-faced Labrador Retriever named Mexx, who is in charge of Security, “Chief of Food, Security, and Good Feeling.

The 39-year-old Baur along with two co-founding partners founded the Swiss Start-Up Factory in 2014. The Swiss Start-Up Factory is now considered the No. 1 privately financed ICT Zurich-based Accelerator in Switzerland. SSUF looks for thriving, “matured start-ups,” digital entrepreneurs. They provide a three-month program that includes coaching and office space in Zurich.

Most recently, the Fintech Fusion and the Swiss Start-Up Factory announced a partnership in which together they will collaborate on the process of start-up including pre-selection process, acceleration, and joint events. Fusion is a Geneva based Accelerator.

Earlier this year, the Swiss Start-Up Factory began cooperation with CTI Invest in an effort to advance development of the Swiss Start-Up Ecosystem. Together they have created a website and developed podcasts and videos of Swiss Start-ups. SSUF will support co-organization of events including Swiss Venture Days. To be held in October 24, 2016, the event includes best practices workshops, along with pitching battles, panels, keynote speakers, and 1-to-1 meetings.

Analysis Of Sam Tabar’s Career

As an attorney, Sam joined Schulte Roth & Zabel LLP. Here, he was engaged in the management of hedge funds. Formerly, he was in charge of capital introductions at the Bank of America Corp’s, Merrill Lynch and company. Through Twitter, Tabar responded to a question posed by Bloomberg news asserting that he joined the firm in mid-October. He continued to say that as a senior lawyer, he would be working with the existing consumers as well as broadening the relationship with managers and investors based in Asia.

Schulte, Roth & Zabel works with almost 100 lawyers. The firm has been representing alternative investment funds and their fund managers. In the recent past, the firm has registered interests from clients in Asia on matters such as the U.S. regulatory developments. According to a researcher based in Chicago, Hedge Fund Research Inc, investment of capital in Asian hedge funds has increased to $ 103.8 billion.

In the email, Tabar contended that the Asia industry was mature and growing at a remarkable rate. With the increasing regulatory scrutiny, most investors have become sophisticated. This way, demand for quality legal advice by the hedge funds has increased. This year, the underlying markets have been outperformed by Asia hedge funds with the exception of Japan hedge funds. According to Eurakahedge Pte, a data provider company based in Singapore, Japan-focused funds have registered a return of 23% while china-focused funds have gained a return of 14%.

Founded in 1969, Schulte Roth has offices in London, New York and Washington DC.  Tabar posited that the firm represents more than 3,000 investment funds and nearly half of the top 100 largest hedge funds. When Tabar was asked about opening new offices in Asia, he said that the firm did not have such plans.

Sam is a renowned attorney and capital strategist. In the past, Sam worked at Skadden, Arps, Slater, Meagher & Flom LLP and Sparx Group Company or PMA Investment Advisors as an associate and head of business development respectively. Tabar graduated from Oxford University with the highest honors. He also attended Columbia Law School. At one point, he was an associate editor of the esteemed Columbia business law review.

Tabar has invested in start-ups such as Verboten and THINX. In his previous roles, Tabar counseled hedge fund clients besides making introductions to institutional investors. He has also managed capital allocations between investors and fund managers. Sam Tabar has broad experience on matters of fund formation and structure, drafting of side letters, private placement memoranda, investment management agreements, regulatory and compliance as well as employment concerns.

Ricardo Guimarãeas’ BMG Legacy (translation)

Son of Flavio Pentagma Guimarães, a large mining entrepreneur who invested in different areas such as agriculture, coffee plantation and to a cannery, Ricardo Guimarães had the privilege of being born in one of the richest families and powerful of Minas Gerais. However, Ricardo Guimarães, famous for presiding BMG, always had great talent for hard work and innovation. And that’s what he showed when he took BMG bank in 1998 to turn it into the National Loans leader set out shortly afterwards. The connections of the family of Ricardo Guimarães with the financial sector date back to early last century, more precisely to 1930 when his grandfather founded the Land Credit Bank.The grandson of Mr. Antônio Mourão Guimarães was the fourth member to pay the family’s financial affairs.

It was under the management of Ricardo Guimarães that BMG has adopted an innovative strategy to become a leader in consigned credit monitoring in Brazil. Operating through a lean and efficient team with consultants spread across the country, BMG focus on offering credit at low interest rates for an audience that has a low level of default. A great goal from Ricardo Guimarães in the credit market, which made his bank the leader in this industry!

Another big play on the businessman was offering sponsorship for various football teams and athletes in the country. Today BMG is the largest sponsor of football in Brazil. Despite being fanatical supporter Clube Atlético Mineiro, Ricardo Guimarães stresses that BMG does not root for any team and sponsors that even rivals. And the bank receives an excellent return for this, one of the Brazilian sponsors with greater financial return for investment in football. And it’s not only in the field of business that sponsorship to football is functional for BMG, but also in the area of ​​advertising. The visibility that the bank achieves the stamping his three oranges letters in various clubs around the country is enormous. And Ricardo Guimarães links with the football world go beyond the sponsorship offered by your bank and its passion of fans by Clube Atlético Mineiro. He has chaired the alvinegro of Mines, succeeding Nelio Brant and being in charge of the club for five long years when he was succeeded by Ziza Valadares. The commitment of the presidency of Ricardo Gallen was such that he several times put out of pocket money to help the team in times of difficulty. And today, almost ten years after leaving the presidency’s athletic, he’s still one of the most respected figures in the club, both by the board and by the fans. Read the wiki to know more.

About the future of business, Guimarães continues betting firm and strong in payroll loans? the main product of your bank. However, it intends to reduce the share of this type of credit for up to 70% of total bank revenues in order to expand the range of services offered by the institution to increase its competitiveness in the Brazilian financial market.

Olympic Valley Incorporation Fight Could Come To An End

An interview with Andy Wirth was recently published in the Reno Gazette-Journal, and he spoke candidly about the fight over incorporation of the Olympic Valley. Squaw Valley was the home of the 1960 Winter Olympics, and the area has played host to ski lodges for over a century. Andy owns several ski lodges under his own banner, and he does not want to see the valley monopolized by a single incorporation blight. This article explains Andy’s opinion on the matter as he fights incorporation.

#1: Incorporation Would Co-Op Many Areas

Andy does not believe that every community on the north shores of Lake Tahoe should be forced into a single governance structure. There are lodges like his lodges, and there are private citizens who plan to live in the area quietly. Andy wants his lodges to stay free of any government interference, and he does not want private citizens to feel the government is encroaching on them.

#2: Businesses And Citizens Would Suffer

Andy is fervent in his belief that a new government structure would cause everyone to pay higher taxes, and there would be a greater amount of government regulation. Private citizens who live in the area may not be able to afford high tax rates, and lodges like Andy’s would not be able to to afford all the taxes that would be levied to pay for new government operations. Andy wants to stop the madness before everyone has to pay for it.

#3: Andy Wants To See Everyone Come Together

Andy does not want to continue the fight over incorporation in the Olympic Valley. Andy would prefer to see everyone in the area unite under a new plan that would give everyone what they need. Andy agrees that the area would benefit from a different structure, but he does not want to consolidate several communities into one. His new plea is for unity so that the Olympic Valley can prosper in the future.

Andy Wirth is a lodge owner who believes that level heads must prevail in the fight over incorporation. There is so much that could be done with a new government structure, but Andy does not want to force the issue by incorporating everyone against their will. Andy’s plea in the Reno Gazette-Journal is a message to everyone who still wants to fight over incorporation. Now is not the time for the people of the Olympic Valley to be divided.

Olympic Valley and Andy Wirth Work to Create a Better Resort Area

In the last few years, the weather hasn’t been ideal in Lake Tahoe’s north shore communities. The nice warm weather has taken a toll on winter resorts and the small businesses that depend on them. In addition to the weather issues, there’s an incorporation battle over the beautiful Olympic Valley, home to some of the most iconic winter sports terrain and Squaw Valley Resort.
There’s a comeback on both fronts for President and CEO of Squaw Valley Ski Holding, LLC Andy Wirth. According to Wirth, the last four years has been tough. However, Mother Nature has provided Squaw Valley and other area resorts with much needed early storms and cold temperatures. This helped the resorted open weeks earlier than usual.
On the issue of political battle to incorporate Wirth has good news too. He considered the incorporation effort a potential disaster. Opponents of the incorporation claimed it would result in higher taxes on people and businesses and decrease the level of services in the area. It would have also isolated Olympic Valley from other north shore communities.
The incorporation backers withdrew their push to incorporate the area in December 2015. Of course, the area still has problems. However, Wirth has solutions to them. He wants the community work on issues like transportation and building cohesiveness beyond Olympic Valley.
Wirth has worked hard to make the resort and area a success. According to CBS.com, Wirth appeared in the Sqauw Valley episode of Undercover Boss in 2013. It a show devoted to bosses pretending to be new employees to learn more about their companies and how to improve them. He’s a chairman on the Reno-Tahoe Airport Authority Board too. He’s has extensive experience in international resort management. Wirth also worked with various airlines to increase more flights to the resorts in Utah, Canada and Colorado, according to Sierra Sun.
According to Wirth’s About Me page, he is a major contributor to community service and environmental organizations in the Lake Tahoe community area. He’s focused on improving the Lake Tahoe area for everyone.
Now that the weather and incorporation battles are behind Squaw Valley Ski Holdings and the Olympic Valley area, it’s time to look forward. Wirth sees an opportunity for healing in the community and working hard to make it an even better place to live, work and tout as a travel destination.