The Rise of Southridge Capital

Stephen M. Hicks is the founding principal and Chief Executive Officer of Southridge Capital LLC – one of the premier finance solutions companies in Connecticut. Launched in 1996, today, Southridge has invested more than in 1.8 billion in over 250 growth companies around the world, and since that time, the financial solutions company has garnered the expertise to assist other entities in regarding the rigors of becoming a public company. Southridge Capital’s Chief Executive Officer has been actively involved in the investment industry for more than three decades, and, today, Stephen M. Hicks continues to utilize his experience in financial structuring to spearhead the trajectory of his company.

Stephen M. Hicks attended King’s College, studying Business Administration, and later went on to attend New York City’s, Fordham University, where he garnered a Master of Business Administration degree. It was while working for a small hedge fund in New York City that Mr. Hicks thought of creating his own fund, and with the approval of his former employer’s principal, he did just that. As an entrepreneur, Mr. Hicks credits his ability to focus on his immediate tasks, while simultaneously staying abreast of the climate of the market, as two keys to his continued productivity. The growing market for marijuana and cryptocurrency has recently caused him to focus a great deal of attention towards those emerging sectors. He recommends that budding entrepreneurs focus on creating a podcast that discusses cryptocurrency, citing the endless potential surrounding the topic. For more details you can checkout their twitter account.

The team at Southridge Capital is also heavily involved with a number of philanthropic efforts, seeing this as a civic responsibility to the community. Focusing on “non-profit organizations and faith-based charities,” Stephen M. Hicks, along with his wife Mary have made a concerted effort to strengthen the lives of the everyday citizens of their community. This unwavering commitment to philanthropy eventually led to the founding of Daystar Foundation. In recent years, Southridge Capital has teamed with Daystar Foundation in financially assisting several reputable organizations, including the Ridgefield Fountain Landmark, Eric B. Huss Memorial Scholarship Fund, the Ridgefield Visiting Nurses Association, and the Walnut Community Hill Church.  You can visit bizjournals.com for more informations.

 

 

See more: https://www.bloomberg.com/profiles/companies/279523Z:US-southridge-capital-management-llc

 

Michael Lacey And Jim Larkin Are In Disbelief Over President Trump’s Pardoning Of Joe Arpaio

It was during the late evening on an October night in 2007 when, then, Sheriff Joe Arpaio sent the Maricopa County Selective Enforcement Unit to illegally detain Michael Lacey and Jim Larkin.

Arpaio’s agents dragged both men out of their homes in handcuffs and placed them in unmarked SUVs. They then took Lacey and Larkin to two separate jails that were ran by Arpaio and held them until the next day. They would have held them longer, but a national outcry had placed the spotlight on the event and forced Arapio to release them.

This wasn’t the first time that Joe Arpaio had done something illegal in Maricopa County. In fact, in wasn’t even close to the first time. The entire reason for the arrests of Lacey and Larkin had to do with them reporting on Arpaio’s spread of other crimes he had been committing for many years.

While some were ignorant or willfully ignorant, many were well aware of the fact that Arpaio had been profiling Latinos and abusing them in his Tent City prison.

One of the most horrible crimes that occurred under Arpaio’s watch was when a pregnant immigrant was forced to give birth while being shackled to a bed in the overwhelmingly hot conditions of a prison ran by Arpaio.

This is just part of the reason that many people were distressed when president Trump decided to pardon Joe Arpaio. Instead of finally facing up to his crimes, he was pardoned of them, and now, justice will not be served.

Lacey and Larkin had already won a court decision against Arpaio and Maricopa County, which led to them being paid an amount of $3.7 million.

Being selfless individuals, they took the money and formed the Frontera Fund with it, which is an organization that supports pro-Latino organizations who just want to see the abuse stopped.

While Joe Arpaio was in office, many Latinos suffered needlessly, but no one thought he would escape facing punishment for his crimes against humanity. Many people attribute his pardoning to the fact that he had purposefully supported Trump when others were not.

This has been seen as a calculated move by a calculated man who has flaunted the law many times to serve his own ego and mission to punish Latinos. Read more: Jim Larkin and Michael Lacey Make The List of Civil Rights Protectors | Philly Purge and Village Voice Media | Wikipedia

One thing is for sure, and this is that more people have become aware of what this man has done, and while president Trump found reasons to pardon him, many others are left with the damage that has been done to them by Arpaio.

Aston Villa and Brightline Are the Latest in a Series of Successful Investments by Wes Edens of Fortress Investment Group

As a company that manages assets, Fortress Investment Group has certainly made some innovate moves. One example of this is the the organizations emphasis on alternative assets that other investment companies would typically ignore. Fortress began in 1998, and in less than a decade the firm gained control of more than $32 billion in assets. Wes Edens is an important figure at this company, and his strategy for managing private equity is to find interesting situations with distressed instruments.

During the days when Fortress Investment Group did not yet exist, Wes Edens made himself useful as a partner with both BlackRock Financial and Lehman Brothers. Wes Edens, however, is involved in many more projects than just Fortress Investment Group these days. He co-owns a popular NBA team located in Wisconsin, the Milwaukee Bucks. His interest in sports teams as profitable investments did not end there. His recent acquisition of the Aston Villa soccer club shouldn’t be a surprise to anyone who has followed his investments over the years. The team is from England, and its main goal right now is to gain entry into the famous and well-regarded Premier League.

One of his biggest accomplishments as with the Milwaukee Bucks was helping to get a brand new arena built in the city. Wes Edens wished to incorporate the feelings of the great scenery of Wisconsin into the arena’s interior. It is quite impressive to note that the teams value nearly doubled since Edens has taken charge. He and his partner purchased the team for around $550 million, and it is now valued at around a billion dollars.

A private train company known as Brightline is also a result of his efforts. Currently Brighline’s service is serving the residents of Florida quite well, and it makes transportation between various Floridian cities much simpler. Given how well the service has been received there, it would be a smart move to expand to other regions of the United States. Edens and Brightline are currently looking at other possible future locations. Billionaire Sawiris, Edens to Buy Aston Villa Soccer Club

Deirdre Baggot Bundles Payment and Reduces Costs

Deirdre Baggot has successfully fulfilled the position as a pioneer for bundled payments in the healthcare field while working as a hospital executive and clinician. She has managed to develop client relationships as well as design programs and strategies for 200 hospitals and 60 bundles. Bundled payment is compensation to health care providers for expected costs of clinically prescribed incidents. It is the most optimal payment plan between fee-for-service payment and capitation. Her efforts have helped to improve the patient experience and clinical outcomes at a decreased cost which benefit doctors and nurses the same way. Read more about Deirdre Baggot on crunchbase

Deirdre Baggot is serious about the work she does saying to be more productive she turns down specific meetings and phone calls. She also does extensive research before implementing an idea and shows it to someone intelligent before bringing it to fruition. Her number one piece of advice would always be to remain the hardest working person in the room and exclaims that dating is a waste of time.

Deidre Baggot has written 20 papers on bundled payments, payment transformation and healthcare reform. For 10 years, she served in leadership roles at the University of Michigan Health System and Northwestern Memorial Hospital. She has received national recognition for her work regarding healthcare reform. She has served as the keynote speaker at many medical conferences including the American Heart Association and the American College of Healthcare Executives.

Baggot currently serves as senior vice president and practice leader for bundled payments at The Camden Group. The Camden Group is one of the leading healthcare business advisory firms. Its consulting services enable organized responses to the dynamic healthcare environment. Deirdre Baggot is innovative in payment reform and has made a living in changing the system. Her efforts within the medical industry have been supported by many and proven to be effective. The Affordable Care Act shows that having a consistent source of health care reduces mortality rates and promotes overall well-being. The bundled payment strategy incentivizes health care professionals to prevent doctor’s office and hospital visits while the fee-for-service model supports further treatment and testing that can be harmful. Learn more: https://vimeo.com/101082351