Daily Archives: March 10, 2019

How Fortress Investment Group Faired in 2018

2018 was a monumental year for Fortress Investment Group. It was a year of expansion and transition. It was integrated into SoftBank Group Corporation, a financial conglomerate. SoftBank Fortress at 3.3 billion dollars and set the framework for Fortress’s role in the development agenda. Fortress started as a hedge fund and transitioned into a competitive investment group. It attributes development to good leadership and hardworking employees. It was the first company to go public with the first public offering in 2007. It never looked back and climbed the economic ladder.

When SoftBank acquired Fortress, it came as a surprise to many. 2018 was dominated by Fortress activities. They were responsible for over 40 billion dollars in assets. SoftBank integrated Fortress employees to help with operations. Wes Edens, Randal Nardone, and Peter Briger are some of the people who joined SoftBank. Softbank founder Masayoshi Son said that Fortress has a good track record and looks forward to gaining from its expertise, good leadership, and investment strategies. The purchase will expand capabilities of SoftBank and make a world-class company.

Softbank decided to buy Fortress after it realized its potential and performance in investment. Fortress Investment Group requested SoftBank to allow it to retain control of operations, and leadership structure. It stated that it likes things done a certain way to maximize profits and did not want anything to change. SoftBank accepted Fortress’ request for control of operations. The two companies had to adjust to the new situation, and 2018 has been successful. It was a year of learning and making gains. Fortress Investment Group has expanded its portfolio in the real estate sector, infrastructure development, and housing projects. They have learned when it transition from being public to private.

Wes Edens says he likes the experience so far and looks forward to exciting experiences. In the long run, Fortress and SoftBank want to remain separate entities to solidify current strategies. Every eye is on SoftBank to see whether it will make substantive gains from the purchase. Fortress will remain a separate entity to further investment activities for SoftBank. SoftBank is getting financial management knowledge from Fortress Investment Group.

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Talkspace Continues to Create Awareness about Mental Health

The company has an online platform where the clients can seek affordable therapy services. The services are considerably cheaper as compared to attending a physical session. Talkspace guarantees the privacy of the clients’ information as they interact with its team of professional therapists. An individual can contact a therapist as, and when they need some help. According to the management of the company, it hopes to change the lives of a billion people through its services.

The clients can use their mobile gadgets and computers in messaging the therapists unlike in the traditional practice where one had to wait even for weeks to get an appointment. Talkspace has revolutionized therapy services by adopting modern technology and this has improved the customer experience. The increased internet penetration has enabled more people to enjoy online services. The firm has enabled the patients to live healthier lives by providing insights on how they can improve their mental health.  Check out askmen.com to read more about Talkspace

In the mid-last year, the online therapy firm partnered with Michael Phelps to achieve its goal of creating more awareness on improving mental health. To reach out to more people, the campaign would be conducted on national television. The athlete was to share about his experience and how therapy helped him to overcome his mental problems. Michael urged individuals with any form of mental challenges to open up to people around them and consult an expert. According to him, Talkspace offers unique services and recommended everyone to seek therapy services from the company.

In his career as an athlete, he had a hard time due to depression and anxiety from time to time. Like many other individuals with the same problems, it was not easy for him to seek professional help. According to him, failure to speak out only makes a person vulnerable and weak. Michael got a relief when he realized that Talkspace offers therapy services on an online platform or via text messages. The services have enabled many people to open up, unlike in the physical sessions where they are talking to another individual. The company hopes to eradicate the stigma associated with mental conditions.

Visit: http://www.iamtrillyoga.com/blog-posts/2018/2/13/-talkspace-was-there-when-i-needed-them

 

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Filed under Company, Counseling, Online Therapy, Talkspace, Technology