Highland Capital Management Promotes Trey Parker to Co-CIO

Last year, the Dallas-based global investment manager, Highland Capital Management, named Trey Parker as a co-chief investment officer. Mr. Parker will be sharing the CIO role with the firm’s co-founder Mark Okada. Together, the dual CIOs oversee the Highland’s $13 billion investment platform. Mr. Parker was promoted to the position from his role as head of the firm’s credit research platform.

“This is a well-earned promotion for Trey,” said Mr. Okada. “For over a decade Trey has been a driver of operational alpha in numerous areas across the firm, from streamlining research and risk management processes to enhancing collaboration across disciplines—all motivated by improving client outcomes. He enters this role not only with the full support and respect from Jim [Dondero] and me, but also with that of the entire firm, and it’s a privilege to have him alongside me leading our investment platform.”

Climbing the Corporate Ladder

Mr. Okada and his co-founder James Dondero founded Highland Capital Management in 1993. Over the past 25 years, the company has expanded into a global leader in money management. Trey Parker joined the team at Highland in 2007. Since then, he has climbed through the org chart in the investment team, ultimately landing in his role as head of credit research while also managing portfolios for various credit funds. Eventually, he became a partner at the company in 2015.

“Trey’s investment platform oversight facilitates our growth and performance in the new era of asset management,” said Highland co-founder and president James Dondero. “Trey understands and anticipates clients’ needs, which is at the core of Highland’s strategy.”

Mr. Parker welcomes his new role with an appreciation for those who came before. “I’m humbled by this recognition from Jim and Mark and grateful for the trust they’ve placed in me,” he said. “The entrepreneurial culture and disciplined and bold investment style that they have cultivated since founding Highland 25 years ago are cornerstone philosophies for the entire organization. That foundation, paired with a commitment to enhance firm scalability, fuels my excitement and confidence in our future prospects.”

Co-CIOs Share Responsibilities at Highland Capital Management

While two men are sharing the role of CIO, both Mr. Okada and Mr. Parker will retain their own duties when it comes to portfolio management. Mr. Okada will proceed in his role as a co-portfolio manager of the Highland iBoxx Senior Loan ETF and Highland Floating Rate Opportunities Fund. Also, he keeps his portfolio management role on individual institutional funds and other accounts. In addition, Mr. Okada remains head of Acis Capital Management, Highland’s structured products business. As for Mr. Parker, in addition to keeping his position as a co-portfolio manager on the Highland Opportunistic Credit Fund, he also continues to serve on the Executive Committee and the Credit and Private Equity Investment Committees. As co-CIO, Mr. Parker has some additional duties and responsibilities on the job.

When Mr. Parker moved into his new role as co-CIO, Highland also promoted Jon Poglitsch as head of credit research. Mr. Poglitsch has taken on Mr. Parker’s previous duties in leading the credit research team and platform.

About Trey Parker, Highland’s New Co-CIO

Before he came to Highland, Mr. Parker worked at various financial institutions. He served as a Senior Associate at Hunt Special Situations Group, L.P. where he sourced, executed and monitored control private equity investments. In 2004, Mr. Parker worked as an analyst at BMO Merchant Banking where he completed a number of leveraged buyouts and mezzanine investment transactions. He also has experience in sales and trading for First Union Securities and Morgan Stanley. Mr. Parker graduated with an MBA in Finance, Strategy and Entrepreneurship from the University of Chicago Booth School of Business and a BA in Economics and Business from the Virginia Military Institute. Mr. Parker serves on the Board of Directors of Euramax Holdings, Inc., TerreStar Corporation, JHT Holdings, Inc., and a non-profit organization, the Juvenile Diabetes Research Foundation (Dallas chapter).

About Highland Capital Management, L.P.

Highland Capital Management, L.P. is an SEC-registered investment adviser that, together with its affiliates, has approximately $13 billion of assets under management. Founded in 1993 by James Dondero and Mark Okada, Highland is one of the largest and most experienced global alternative credit managers. Highland specializes in credit strategies, including credit hedge funds, long-only funds and separate accounts, distressed and special-situation private equity, and collateralized loan obligations (CLOs). Highland also offers alternative investments, including emerging markets, long/short equities, and natural resources. Highland’s diversified client base includes public pension plans, foundations, endowments, corporations, financial institutions, fund of funds, governments, and high net-worth individuals. Highland is headquartered in Dallas, Texas and maintains offices in New York, Sao Paolo, Singapore, and Seoul. For more information visit highlandcapital.com.

Michael Burwell: Welcoming A New Career

Willis Towers Watson named Michael Burwell as the latest chief financial officer (CFO) of the company. Willis Towers Watson is an advisory and brokerage solutions firm, and they have been assisting individuals who are doing business. When their previous chief financial officer, Roger Millay, expressed his desire to retire in October 2017, the company had to search for someone who has the same credentials as their previous chief financial officer. Michael Burwell submitted his credentials to Willis Towers Watson, and the person reviewing the application letters was impressed with the background information that Michael Burwell has stated in his resume.

 

Michael Burwell is a CPA who proudly graduated from the University of Michigan with a Bachelor of Arts in Business Administration. After graduating, Michael went on to work for Pricewaterhouse Coopers LLP.

 

For the last thirty years, Michael Burwell has been in the financial sector, and he is focusing on making each business successful. He was chosen for the job because the executive circle at Willis Towers Watson has seen his potential in bringing changes to the company and making it more productive. Before becoming a part of the Willis Towers Watson family, Michael Burwell has served numerous companies in the past. He is also knowledgeable when it comes to issues surrounding how the company should be led, and it became his ticket to success. Today, Michael Burwell will be joining one of the oldest businesses in America.

 

 

John Haley, the chief executive officer of Willis Towers Watson, expressed his excitement over the application of Michael Burwell. He claimed that a lot of people from the executive department wanted to see how he works, and they wanted to study his approach on how he could address the problems that the company is facing. John Haley also cleared out that Michael Burwell will be responsible when it comes to the company’s money matters, and he is looking forward to work with him regarding the ways on how to alleviate the company from financial stress. Refer to This Article for additional information.

 

Under the watch of Roger Millay, the Willis Towers Watson became a powerful company. Michael Burwell is hoping that he would be able to match what his predecessor has done. Being established in the year 1828, Willis Towers Watson keeps on becoming a powerhouse in the industry. As the years go by, more and more people are developing the interest to join the Willis Towers Watson because they are known all throughout the world as the giver of happiness for the business people and the public. Michael Burwell could no longer hide his excitement, and he is calling the attention of all international players to come to the different parts of the world and share their knowledge and creation.

 

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Investment Expert Ian King Speaks Of Changing Landscape Caused By Cryptocurrency

Cryptocurrency is proving to be capable of accomplishing more than just changing the how digital economic transactions are performed. The currency is also being seen to reshape the way start-up companies seek to secure capital for their business ventures.

Ian King, an entrepreneur and leading visionary in the cryptocurrency industry, explains that a large amount of the power of crypto may, in fact, be due to the efforts of these start-up operations that continue to propel the currency forward. Follow Ian King on Medium.com.

The Current Outlook For Startups

New companies in need of capital to begin operations often turn to individuals known as venture capitalists. These are investors that will provide funding for worthy business proposals in exchange for hefty returns on their money.

King, who is also a contributing editor with Banyan Hill Publishing, has questioned whether this model can survive in the era of cryptocurrency. Visit cryptoprofitsummit.com to know more about Ian King.

The Impact Of Cryptocurrency On The Average Investor

The rise of cryptocurrencies has caused nontraditional investors to become more interested in entering the world of investing. Leaders of crypto ventures are constantly seeking funds and often turn to crowdfunding models to find those funds. These models allow individuals who are looking to invest money to do so in very small amounts. The result is an industry where wealth is no longer a barrier to industry and more individuals can take part in the investment market.

Equal Access To Investments

The model that favors using money from venture capitalists often meant that the majority of shares and equity in a promising start-up was gobbled up quickly by the most wealthy investors. The growing role that crypto is playing in the world of business start-ups will result in more people being afforded the opportunity of corporate ownership.

Importance Of Market Awareness

Ian King, who has studied and worked in the investment industry for more than twenty years, says that another important factor should also be considered. King says that the embedding of cryptocurrency into the consciousness of everyday people has lessened the uncertainty that plagues many other business domains.

The Reach Of Cryptocurrency

It is estimated that $500 billion of the world’s money is currently invested in cryptocurrency. This means that any significant change in the market could have wide-reaching implications. Even more astonishing is the fact that that the market value of cryptocurrency grew by 25,000 percent in one calendar year.

Many believe this growth was fueled by the sale of initial coin offerings or ICO’s. This is a type of crowdfunding strategy that allowed for the sale of a portion of a creator’s cryptocurrency for cash.

The Outlook

Ian King believes that the current trends will continue and that more evidence of cryptocurrencies value to investors will cause great benefits to those individuals that make use of this unique opportunity.

Visit: https://angel.co/ian-king-banyan

InnovaCare President Rick Shinto Is Brimming With Pride Over The Announcement Of His New Executive Team Members

InnovaCare is a leader in offering value-based healthcare plans, including Medicare and Medicaid programs, to its client base. This outstanding firm is led by a group of highly qualified executives that have years of experience in the healthcare industry. Rick Shinto is President and Chief Executive Officer of the company. He has a wealth of experience that is in excess of 20 years. One thing that gives Rick such valuable insight into the healthcare industry and the business of health care plans is the fact that before he came over to the administrative and entrepreneurial side of the industry, he worked on the clinical side of it.

 

He started out an internist and pulmonologist before shifting his focus to the area of healthcare plans and administration. Prior to starting InnovaCare Health Rick worked for healthcare related company Aveta. Rick’s success at InnovaCare Health is not only due to his own valuable experience but also to the great team of executives he has working under him. These three amazing individuals were announced as the newest members of the InnovaCare team during the 2016 calendar year. Go To This Page for related information.

 

The three highly qualified executives that work directly under Rick Shinto in guiding the ship at InnovaCare are Chief Operating Officer Penelope Kokkinides, Chief Actuary Officer Jonathan Meyers and Chief Accounting Officer Mike Sortino. Penelope came to InnovaCare Health from Aveta and has 20 plus years under her belt working in the healthcare industry. She is highly regarded for her knowledge in the implementation of government-based healthcare programs such as Medicare and Medicaid. Jonathan Meyers joined InnovaCare after a highly regarded stint with Horizons BCBS.

 

His history of working as a consultant regarding employee benefits is a hugely valuable skill for a company like InnovaCare. Finally, Mike Sortino joins InnovaCare after working in the insurance business. These three outstanding executives have Rick Shinto brimming with pride. He is confident that each member of his executive staff will use their experience and extensive backgrounds to position InnovaCare Health for a bright future in today’s tough healthcare environment. Rick Shinto is truly thrilled to have them on board with InnovaCare.

 

Source: https://www.crunchbase.com/organization/innovacare-health

The Music Group Drummer Cassio Audi Gets Better By The Day

The album, “Theatre of Fate,” was released internationally, and this earned them worldwide fame. The album even outsold albums from other globally renowned rock bands such as Nirvana and Van Halen.Viper achieved this massive success despite the spurious English grammar in their songs. One noteworthy feature that made the songs so prominent was the beats composed by Cassio Audi.The pioneer in any activity always encounters more challenges compared to the runners-up.

Cassio Audi was responsible for setting the trend in the Brazilian rock music scene.His band, viper, had to draw inspiration from other musicians and use their own creativity to make unforgettable music.The band was the pioneers of heavy metal in Brazil. They used loud, heavy beats, prolonged guitar solos, energetic and fast beats. This combination brings out an aggressive style of music associated with the heavy metal genre of rock music. The group still inspires other Brazilian rock music to date.

Other than his role as a drummer, Cassio Audi also composed some band’s songs. This won the teenage drummer award and his rock band affection from their fans, but it also attracted critics. However, this did not hold them back. They pushed forward and continued to flourish. Cassio’s role at the band ended in 1989 when he left for personal engagements. A lot of lessons can be extracted from Cassio’s career in the band. His music career is a true example of how young individuals can utilize their talent to surmount challenges and sail to success.

Wes Edens Prominent American Businessman

The rise of American billionaires has captivated the minds of millions of individuals across the globe. No story is more captivating than that of chairman and co-founder of Fortress Investment Group Wes Edens. Wes Edens is a simple man who comes from humble beginnings that has managed to guide his company through expert leadership to a physician as one of the world awaiting alternative asset management companies and a global economic powerhouse. Wes Edens just earlier this year helps to navigate the corporation through a acquisition by technology giant in Japan Softbank group Corporation during which the company’s valuation managed to increase by over $140 million. Without the expert guidance of Wes Edens, a deal such as this would not have been possible.

During the acquisition, the company’s shares were sold to Softbank group at a premium of $2.25 over the closing price of the shares leading to a total valuation of $8.08 per share by the time of the deal. Wes Edens spends most of his time working to help manage his private equity company and the first publicly traded private equity firm in the United States of America; however, he is also a man who has interests in the world of sports. He is co-owner of a physical sports team as well as a video game sports team. He helps to manage the Milwaukee Bucks a member of the national basketball Association along with co-owner Marc Lasry. And in the electronic sports league, he owns a team which plays league of legends and online video game known as FlyQuest.

Wes Edens originally went to school in the state of Oregon at Oregon State University and graduated in the year of 1984 with a bachelors of science degree in both finance and business administration. His first job in the working world was at Lehman Brothers in 1987 where he managed to become a managing director by the year 1993 and then went on to serve under Blackrock private equities division Blackrock asset investors as a partner and managing director for the company. After his time working for other companies, he along with four other individuals founded Fortress Investment Group which went on to grow to become one of the nations leading to private equity investment firms and the very first publicly traded private equity firm in the United States of America. Today he still manages the company as an independent organization even after the acquisition by Softbank group.

Dr. David Samadi Offers Insight Into Diminishing Your Risk Of Colorectal Cancer

Statistically, 50,000 people in the US die from colorectal cancer every year. A Daily News story, authored by Lenox Hill Hospital Chairman of Urology, Dr. David Samadi, says an estimated 50 percent of colon cancers can be prevented. Dr. Samadi points out, while the overall numbers of colon cancer have declined, those numbers increased for people younger than 50 years. During March National Colorectal Cancer Awareness, Dr. Samadi has answered questions and offered professional advice on preventing colon cancer.

Dr. David Samadi’s Tips To Diminish Colon Cancers

According to Dr. Samadi, one of the best ways to diminish risk of colon cancers is to change bad lifestyle habits, like diet and exercise.Studies have revealed that eating certain fruits and vegetables can reduce the incidence of colorectal cancer. Foods such as apples, broccoli, brussel sprouts, and cauliflower, and cabbage varieties can lower the risk of colorectal cancer. Scientists also say that the risk of colorectal cancer dramatically decreases as the blood concentration of the sunshine vitamin — vitamin D — increases. Collected data from research showed that the likelihood of developing colorectal cancer decreases by 15 percent with every 10 ml increase in vitamin D levels.Until the age of 40 years – according to scientists – direct sunlight is the best source of vitamin D.

It is definitely worth it to go outdoors regularly to soak up the sun and get lots of vitamin D. However, the body’s ability to produce vitamin D with the help of sunlight diminishes with age, researchers have said. Therefore, it may be appropriate to supplement it by consuming calcium.Dr. Samadi also says that dietary fiber helps to digest the bacteria in the colon. The fibers in the large intestine absorb water, and swell up. This stimulates intestinal activity and speeds up the passage of toxins in the colon. At the same time, the risk of colon cancer decreases because toxins can cause less and less damage to the mucosa.There’s also exercise, such as walking, that not only reduces the risk of many chronic diseases and stress, but studies have shown that regular physical activity can significantly reduce the risk of certain cancers. Physically active men and women are therefore 30 to 40 percent lower in the risk of colon cancer than people who are reluctant to move.

Dr. Samadi includes other dietary choices like restricting alcohol, reducing processed foods and red meat, and eating fresh garlic are all factors that contribute to diminishing the risk of colorectal cancer. Even if you cannot make sudden changes all at once, it helps to start with the inclusion of a few health-promoting items.Dr. David Samadi is the Chairman of Urology at New York’s Lenox Hill Hospital. He grew up in Rossyln, New York, attended Stony Brook University, earning his B.A. and M.D. before completing his internship and residency at Montefiore Hospital in the Bronx. Dr. Samadi gained international recognition for his SMART technique surgery, using a robotic arm to perform delicate prostate surgery. He is a Fox News medical correspondent, and has a weekend television broadcast, Sunday Housecall.

The Astonishing Career of Randal Nardone

Randal Nardone is one of the founders of Fortress Investment Group LLC which was established in 1998. Randal started serving as the company’s principle in 1998 while he became the CEO in 2013. Mr. Nardone is still the president of Ncs 1 L1C. Randal is also the chairman and president of another company called Newcastle Investment Holdings LLC. Randal also co-founded Fortress registered Investment Trust where he serves several executive roles such as secretary, Vice President, CEO, and Principle.

It is also worth noting that Mr. Randal worked in other big companies such as RIC Coinvestment Fund LP where he served as the Secretary, Portfolio Manager, and Chief Operating Officer. Randal Nardone also joined Newcastle Investment Corp as its Secretary in 2002 and became the company’s Vice President in 2016. Since 1999, Randal has been serving executive roles at IMPAC Commercial Holding Company such as being its Secretary and Chief Operating Officer.

From 1997 through 1998, Nardone served as the Managing Director of UBS not forgetting to mention that he served at BlackRock Financial Management Company as its Principle. At Thacher Profit & Wood, he was a partner. Since 2008, Nardone has been serving his role at Florida East Coast Holdings Company as its director. Other notable companies that Randal Nardone has served in senior positions include Alea Group Holdings Bermuda Ltd., Mapeley Limited, Springleaf Holdings, doBank S.p.A, and Brookdale Senior Living Inc.

Randal attended the University of Connecticut where he pursued Biology and English. Additionally, Nardone attained his Doctor of Jurisprudence from Boston University. Randal was born and raised in the US. Nardone family is made up of his wife and one child. Currently, Nardone lives in New York. Together with his business partners namely; Wesley Edens, Michael Novogratz, Briger Peter, and Kauffman Robert, they recently became billionaires. Since 2005, Randal has earned an extra $100 million in cash payouts.

Nardone joined the Forbe’s magazine list of billionaires in 2007 with a net worth of $1.8 billion. As Mudd left the Chief Executive Position at Fortress Investment Group, Randal was immediately announced as the company’s new CEO. Randal’s has worked in numerous companies where he earned invaluable experiences from his success and failures. His outstanding leadership and management qualities make him an excellent choice for most companies. Nardone is an achiever since he has served in eight organizations as a board member. Since the organizations he has worked with cut-across 20 different industries, Nardone has gained a lot of skills and knowledge that make him a great leader.

About Randal Nardone: www.crunchbase.com/person/randal-nardone 

The Versatility of Cassio Audi

Cassio Audi is an artist, drummer, and singer from Brazil, graduating from the University of Sao Paulo with a degree in Business Administration. Having this educational background mix with being a musician, it’s obvious Cassio Audi is very intelligent due to his business knowledge. When you mention his name today, it actually gets associated with his role in the finance industry, but he has always been a hard worker, regardless the field of work.With his work ethic being so high, he made sure that every year he would have songs completed that will be recorded on one of his albums.

What makes Cassio’s music so different is that he actually took out time using his intention to educate the listener into having an experience of a lifetime. In Brazil as a teenager, he worked as drummer in a heavy metal Brazilian band named Viper. The group also consist of band mates, Andre Machado, Pit Passarell, Felipe Machado, and Yves Passarel. What the Brazilian fans appreciate so much about him is that, Cassio Audi expanded heavy metal beyond Brazil and Latin America, utilizing his business and marketing skills.

Globally, Cassio Audi is known for being a Brazilian legend, and has every right to be called so, having such a major impact on the iconic heavy metal band in Brazil, Viper. After his extensive experience in the world of music, Audi decided to start another line of work, that of financing, but he always going to be mostly recognized for being in the hall of fame, not only in Brazil, but worldwide.

Michael Burwell Is A Scion Of Excellent Leadership

Currently, Michael Burwell is the chief executive officer of the famous Willis Towers Watson. For him to have been appointed to the position, he must have had vast experience in leadership, business management, and financial management. Let us look at some of Burwell’s skills from his past.

 

Background Data

Before his appointment at Willis Towers Watson, Mr. Burwell worked at Pricewaterhouse Coopers LLP. In this company, assurance and tax management are the leading services provided. As a company that traces its origin to 1849 and has since spread its services and jurisdiction to various countries, it is only reasonable for the management to follow in the footsteps of a great leader like Mr. Burwell. That is why when working for the organization, Michael Burwell served in the department of assurance practice. In his capacity as a manager, he offered the right business advisory services.

 

Experience

For eleven years, he successfully served in the department and surpassed everyone’s expectations by attracting more clients to the company. Consequently, Burwell was appointed to head Detroit’s transaction business in 1997. At that department, he worked as a partner. Moreover, Burwell was asked to step in and oversee all operations at PwC’s central U.S. That elevation was pegged on Michael Burwell’s subsequent success in Detroit’s branch.

 

Promotion

Mr. Burwell was an excellent manager who dedicated his life to streamlining PwC’s management. To him, it did not matter which branch he was instructed to manage because the total revenue of the company was a direct reflection of every branch’s input. So in 2009, PwC’s board of directors converged in a meeting to elect a chief financial officer. From the list of nominees, Michael Burwell registered the best experience in leadership, previous input, and management. Burwell was appointed to serve not only as the senior financial officer but also the chief executive officer.

 

Additional Information

Four years into his service, Mr. Burwell was elevated to serve at U.S. Transformation. Therefore, he assisted in expanding the internal shared services of PwC. Refer to This Article for additional information.

 

Overview

In 2017, Willis Towers Watson announced the appointment of Michael Burwell to serve as the chief financial officer. He was replacing the outgoing leader, Mr. Roger Millay. Burwell was bringing in his wealth of knowledge with the aim of guiding over 35,000 employees. His appointment was based on his values, ethics and calculated experience that he garnered in the companies he previously served. Willis Tower Watson stated its excitement to have Michael Burwell on board as his expertise is well crafted in the industry.

 

Related: https://www.linkedin.com/in/michael-burwell-64b582