Highland Capital Management has Agreement in Place with RAIT

At long last, Highland Capital Management of Dallas, Texas, has reached an agreement with RAIT Financial Trust. The alternative asset firm, founded in 1993 by James Dondero and Mark Okada, was entered into a cooperation agreement with the real estate investment trust, or REIT, that ensures that both parties are able to appoint desired trustees to its Board of Trustees. According to the terms of the agreement, two new trustees will be appointed based on recommendations by James Dondero and Highland Capital. One will take their post immediately, and the other will be appointed within 120 days of the finalization of the agreement.Additionally, Highland Capital Management and its affiliates have agreed to vote their shares in favor of the election of a slate of trustees that has been recommended by RAIT’s board during its annual meeting. Currently, 115 investors own RAIT Financial Trust. James Dondero and Highland Capital filed paperwork with the Securities and Exchange Commission, or SEC, reflecting that HCM owns a 5.9-percent stake in the trust, which is equivalent to nearly 5.3 million shares. This disclosure was made in November. With the cooperation agreement, Highland Capital will continue to own around 5.9 percent of RAIT’s outstanding common shares.

RAIT Financial Trust is a real estate investment trust, or REIT, that specializes in providing commercial real estate financing throughout the United States. It operates a widely respected, full-service commercial real estate, or CRE, lending platform that facilitates customized lending solutions to more effectively meet clients’ needs. Meanwhile, Highland Capital Management is a $15 billion alternative asset firm and hedge fund. With James Dondero at the helm, the firm has enjoyed one success after another since being founded in 1993. With the cooperation agreement in place, all parties are optimistic about a profitable future working together.To more properly understand the agreement between Highland Capital Management and RAIT Financial Trust, it helps to know more about Highland Capital’s president and co-founder, James Dondero. At just 54 years of age, Dondero has long been a force to be reckoned with within the industry. Born in Hoboken, NJ, Dondero spent time in Los Angeles, which is where Highland Capital was originally headquartered, before finding his way to Texas. He and co-founder Mark Okada relocated the firm to Dallas early on and have been content there ever since. The firm was a success from the very start. When you consider James Dondero’s background and track record, it comes as no surprise.

James Dondero did well in school as a kid, and he attended the University of Virginia. There, he studied accounting and finance. As a young man, he planned to break into the world of real estate investing. He had a head for numbers, but after completing college, he realized that real estate investing might not be quite right for him. Just five years after earning his college degree, Dondero was managing more than $1 million in fixed-income assets for American Express. That experience put him on the path that led directly to where he is today.Although James Dondero is a talented businessman and investor, he doesn’t just make money for the sake of making it. A philanthropic man, he is actively involved in many causes.

For one thing, Dondero is a strong supporter of emerging non-profits. Through Highland Capital, he operates a $300-million donor-advised fund that provides around $3.5 million of funding to such non-profits per year. He also supports Reasoning Mind, a tech-based math curriculum for pre-K through seventh grade that is primarily used by under-funded schools in remote areas of the country.Until the certification of the vote from RAIT’s 2017 Annual Meeting of Shareholders happens, the board will remain intact. Now that Highland Capital and James Dondero have a cooperation agreement in place with RAIT, however, there is no question about how everything will unfold at the meeting. Both Highland Capital and RAIT believe that the two new trustees will strengthen the board as a whole. This agreement is just the latest in a long history of successful collaborations and agreements that James Dondero has been a part of in his more than 30-year career. It will be fascinating to see where Highland Capital and RAIT go from here.

Recent Trending On The Financial Market

It has been established that Warren Buffett is taken more seriously in 2017. Over the last 12 months, people and companies have been investing in large corporations. They have been doing this in anticipation of some type of financial collapse. However, Warren Buffett told these individuals and businesses that they were wrong.

Warren Buffett pulled out all his investments that were in large corporations, and he put them in smaller businesses. He did this because he believes this is where the financial market is headed. Warren Buffett was the only person who did this, until now. The entire financial market now agrees with Warren Buffett, and many investors wish they would have listened to him sooner.

There was one man who did listen to Warren Buffett, and his name is Timothy Armour. Timothy Armour began running an investment firm called Capital group in the mid 90’s. Timothy helped many investors and businesses follow the same recent investment guidelines as Warren Buffett. Today, these individuals and businesses are seeing astonishing profits.

Read more: Capital Group Board Elects Timothy Armour as Chairman

Timothy Armour’s advice for all investors who want to find active managers is to neglect average investing. Most investors engage in average investing, and this makes their managers have a routine that brings in small profits over a long period of time. Timothy Armour Armour believes people investors should try to approach the market in new ways. He believes this will cause new investment opportunities to be created, and he also believes this will cause more investors to join the market.

Learn more about Tim Armour at http://www.investmentnews.com/article/20150729/FREE/150729863/capital-group-parent-names-armour-chairman-replacing-rothenberg.

Madison Street Capital Award Placement

There are a lot of people who struggle with their personal finances. If you need some additional assistance to make your financial plans, working with a financial expert can be a great idea. Over the long term, Madison Street Capital has provided a lot of answers to customers who are looking to take the next step in life. If you want to start investing for a better future, there are plenty of ways for you to do that. Anyone who has ever worked with Madison Street Capital knows just how much they care about customers. In fact, their entire business model is based around customer support in this area.

Madison Street Capital

From the start, Madison Street Capital has provided great service to customers. This cannot be said for all of the companies that are in this industry. Unfortunately, a lot of companies have taken advantage of customers. Madison Street Capital came in and decided to start investing in their customers’ education in the world of personal finance. Although this is not a typical strategy, a lot of customers love all of the free education materials that they get when working with the company. If you want to take your finances to a new level, learning how to build wealth is essential. For a lot of customers, the easiest thing for them to do is to simply get out of their consumer debt.

Payments

A lot of people today struggle with high debt loads. With so much student loan debt, it is hard for a lot of people to find money to invest with. If you want to take things to the next level in your finances, it is important to get rid of any bad debt that you have. Over time, this will reduce stress in your life and it will open some opportunities for you to understand where you are losing money. There are many people who are struggling with this process today. The good thing about personal finance is that the hardest part is simply following the plan. Madison Street Capital can help you develop a plan that meets all of your needs, you just need to try and follow it.

Award

Madison Street Capital has recently been nominated for an award within the industry. This is just another example of how much this company cares about its customers. There are a lot of people who have worked to try and make things better for others. With the company’s commitment to customer service, it is likely that the company will continue to grow in the future. Madison Street Capital is a great company that is a positive example in the local community as well.

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Learn more: https://network.axial.net/a/company/madison-street-capital/

Madison Street Capital Reports An Increase In Hedge Fund Deal Closings In Last Year

Some experts have predicted a decline in the hedge fund industry coming, but Madison Street Capital, an investment banking firm provides a look at the hedge fund trends over the last year, and actually saw an increase in M&A deal closings in the year 2015 over 2014. The firm reports that the closing volume increased 27% in 2015 over 2014, and total closings went up by 10. What Madison Street Capital determined was that even though there’s been slower performances across the hedge fund industry, hedge fund managers are turning to alternative investments to compensate for losses and are funding other means besides traditional mergers and acquisitions to close the deals. Madison Street Capital has facilitated many of these transactions and is a leader in large asset management.

Madison Street Capital was started in 2005 in Chicago, IL and provides services to businesses making large M&A deals, bankruptcy filings, restructuring and reorganizing, and other corporate consulting services. In particular, Madison Street Capital serves the middle market sectors and provides an incubator for buyers and sellers to come to an agreement, and securing financing for large transactions. In addition, Madison Street Capital gives its clients business and portfolio valuations and has an independent team of auditors that ensure legal compliance and fairness when various transactions are closed. Some notable M&A that Madison Street Capital has overseen have been The Dowco Group’s purchase of Acuna & Associados S.A., Henry Ford Health System’s deal with Pearl Human Care, and Renegade Industrial purchasing a facility from Loeb Term Solutions.

Madison Street Capital has also been a pillar in the community, helping both business and philanthropic organizations around the world when the need arises. A few months ago, they helped the Henry Ford Health System open up a new facility in India in partnership with Pearl Limited. More recently, Madison Street Capital has teamed up with the United Way organization in an effort to raise funding to combat the flooding disasters that have ravaged the south and Midwest. Madison Street’s executive board is made up of individuals who have long track records in financial advisory services and include CEO Charles Botchway, Managing Director Jaydip Sinha, and Senior Managing Director Karl D’Cunha. Read more:  https://network.axial.net/a/company/madison-street-capital/

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Madison Street Capital Awarded Honored by NACVA

After 10 years of service in the investment banking industry, Madison Street Capital was honored by the National Association of Certified Valuators and Analysts (“NACVA”). Anthony Marsala, Madison’s Chief Operating Officer and one of the company’s founders, was recognized at one of the 40 Under Forty. The program review nominations and identified the best of young professional in their subject matter, with a focus on contributing to their industry, community, and the contributions they are going to make in the future.

An initial nominee pool of 125 individuals were initially selected and presented to the leadership at NACVA. NACVA along with the Consultants Training Institute (CTI) board helped filter the candidates and make the difficult final selections. To be chosen as part of the top 40 of an already exclusive club of 125 great contributors is a big honor. Before starting his career, Anthony graduated from Loyola University of Chicago, where is received his Bachelor’s degree in Finance and Information Systems, as well as the University of Oxford’s Said Business School earning a Master’s degree in Strategy.

As a part of Madison Capital Street, Mr. Marsala helped found the LLC company, and has been a leading force in the firm’s business across the European, Asian and African markets. He also leads the divisions over analytics and due diligence work for any of the firm’s clients received financial and merger & acquisition services. Outside of the NACVA, Anthony also is a member of the American Society of Appraisers (ASA).

The firm itself was listed as a finalist for the 8th annual international Merger & Acquisition Awards. Additionally, in April 2016 Madison Street Capital announced the Anthony Marsala also received the 7th Annual Emerging Leaders Award.

About Madison Street Capital

Madison Street Capital provides high quality mergers and acquisition services, serving as a middle market investment banking firm. Offices are located in North American (Chicago), Africa (Ghana) and Asia (India), serving an international client base while also able to provide assistance to companies of all sizes at the local level. Founded in 2005, the company has extensive expertise in valuation, financial reporting, asset management and advisory services.

Headquartered in Chicago, IL, Madison Street Capital partners with middle market firms across numerous industries including manufacturing, health care, energy & utilities, telecom, and financial services. For more information on the Madison Street Capital, refer to their official website at http://madisonstreetcapital.org/.

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