HGGC has been showing impressive performance and this performance has led to several members of their team being promoted to higher positions within the firm while hiring on 5 more people to fill roles that were opened up. The recent new hires were executive directors Lindsay Sparks and Greg Caltabiano, vice president Mo Gulamhusein, Investment associate Holland Reynolds, and fund accountant Chandni Shah. The executive team of the company is happy to welcome a talented group of individuals to the private investment firm.
In total, 10 people were promoted to a higher position at HGGC. 5 of these people were named Partners to the firm after working for the company for several years. The new partners are Les Brown, John Block, Stebe Leistner, Harv Barenz, and Lance Taylor. They have been with the firm since 2007, 2010, 2009, 2008, and 2014. All of the people who have been promoted have shown that they are instrumental in the progress and growth of the firm since they joined it. The other team members that have been promoted to different positions are new Chief Legal Officer Kurt Krieger who had joined in 2008 and was formerly general counsel, new vice president Chris Schulze who became part of the company in 2016 and served as senior associate, new senior associates Peter Cozzi and Neha Vaidya who were both promoted from associates after joining the firm in 2017.
Founded in 2007, the San Francisco-based HGGC is a private equity firm that focuses on investments in the tech field. They work with middle-market companies mainly through growth capital investments and leveraged buyout transactions. When HGGC is working with a company, they do everything that they can to align their interests with the interests of the other parties to create a situation in which everyone can succeed. Through the efforts that the private firm makes, many of their middle market investments are able to outperform the rest of the market. The company was founded by managing partner Steve Young, executive director Bob Gay, managing partner Gregory M. Benson, as well as CEO and managing partner Richard Lawson.
When only a young teenager in 1985, Cassio Audi entered the Brazilian rock world, became one of the most influential drummers in the country’s rock history. Cassio Audi first entered the financial world in 1992 at Morgan Chase as a fixed income analyst and trader at the management desk of assets. While here earned a degree in Business Administration from the Pontifical Catholic University of Sao Paul in 1994.
In 1996 he became the senior financial analyst at the chemical, plastics, and agricultural company, Dow Chemical. In 1997 he became the CFO of Gillette which would shortly afterward merge with Proctor and Gamble. Then graduated with an MBA from USP in 1999. In 2006 he departed from Gillette. During that same year, he began serving as CFO of Brookfield Asset Management, filling this role until 2008. To know more about him click here.
In 2008 he became CFO and Investor Relations Officer to one of the leading offices of Rossi Residencial. In 2012 he was promoted to the position of Executive Director. He left Rossi Residential in 2016.
The quest for American energy independence from foreign nations has enabled a unique piece of legislation that was recently discovered by Matt Badiali known as statute 26 – F. The U.S. Congress enacted this piece of legislation in an effort to propel the nation toward energy independence. As a result of this legislation, corporations were entitled to tax-free operations if they were able to meet specific requirements. In order to meet these requirements, the corporations must generate 90% of the revenue from the production, processing, storage, and transportation of oil and gas domestically within the United States of America. In addition to the source of their revenues, they must also agree to pay out profits to shareholders in a process referred to as distribution. It is this process that Matt Badiali is referring to whenever he says Freedom Checks.
In a manner that is analogous to dividends from stocks, Freedom Checks are taken from the profits generated by these oil and gas companies and given to investors in the company in order to maintain their position as master limited partnerships. Currently, there are 586 companies within the borders of the United States of America that qualify to operate as a master limited partnership. This gives these companies a tax advantage to operate, and they must give out Freedom Checks to their investors. Visit kennedyaccounts.com to know more about Freedom Checks.
These Freedom Checks are given out on either a monthly or quarterly basis similar to how traditional stock dividends are divided. There is one fundamental difference, however. The funds that are generated from Freedom Checks are treated as a return of capital and not treated as income. For the average investor, this has a significant meaning. Instead of increasing your tax liability through personal income tax you were only subject to capital gains tax which is taxed at a lower rate than income from profits generated through these Freedom Checks. Also, if you had decided to sell your investment in a master limited partnership any profit from the sale will also only be subject to the lower capital gains rate of tax and not the higher personal income tax rate. Matt Badiali believes that this represents a unique investment opportunity that usually provides investors with the ability to take advantage of an advantageous tax situation but also to help invest in the future of America’s energy independence. The returns that are generated through these Freedom Checks are substantial. Read more: http://releasefact.com/2018/03/can-matt-badialis-freedom-checks/
Privatization is the best way to awaken Brazil economy as Felipe Montoro Jens puts it. Felipe Montoro is an expert with broad experience in the sector. Recently, Porto Alegre undertook the first step to this process towards public-private partnership. Felipe Montoro was included to offer his expertise.
The first step of the process was to have a seating on the public, private partnerships (PPS) and concessions between the mayor and the management council of the municipal program. The meeting discussed lighting, markets, sanitation and the construction of a public hospital. The meeting’s objective was to establish the area where the government would partner with private partners.
After the seating, the partnership management council was set up. The commission is responsible for ensuring that the tasks are carried out by the Decree 197336. The council supervises the projects by the (PPS) strategizing and executing the laid out plans. Upon approval of the project, the council defines the inclusion of any other business and makes public announcements regarding the projects. While the project is running, the council has the responsibility of looking over reports on the implementation of the concession, approve process they deem worthy and solve any dispute that may arise. Felipe role in providing counsel does not come at a fee due to the financial constrictions facing the country. With the implementation of these projects, the mayor of Porto Alegre believes that the citizens will be able to enjoy the new services. As per the constitution of Brazil, every person has a right to access public services.
Felipe Montoro Jens went to the Fundao Gentulio Vargas and later proceeded to Thunderbird College where he earned a degree in international management. Felipe Montoro is also an alumnus of Gavin School of international management. He has worked in various capacities while in Brazil including the chief financial officer, planner controller, and the treasurer of the commercial division of Brazil, United Kingdom, and Singapore.