Financial

Fortress Investment Group Invests $20 Million In Wi-Fi Hotspots

If you have ever sat down at an airport to connect to the Wi-Fi network then you have probably linked up your device to iPass. iPass is an innovative technology company that specializes in connectivity options. The company operates worldwide with more than 64 million different hotspots. These hotspots are mostly centered around airports, hotels, restaurants, bars, event areas, sports stadiums and music halls.

iPass offers customers an incredibly comprehensive package of Wi-Fi connectivity options. Customers are allowed to connect to any of these Wi-Fi hotspots with an unlimited number of devices at any time. And the connectivity company plans to expand to 340 million different hotspots worldwide by the end of 2018.

They plan to facilitate this growth with a $20 million loan from Fortress Investment Group. The company’s CEO, Gary Griffiths, is excited about the loan even though his company can only get $10 million of the loan up front. The CEO says that the loan has fortified the company’s balance sheet and now they are free to focus on making a profit. He goes on to further state that the company laid down its patent portfolio as collateral for the loan which gives the company’s innovations credibility on a worldwide scale.

And iPass is doing business with one of the most powerful private equity firms in the world. Fortress Investment Group has been operating for nearly 20 years and is in charge of more than $40 billion worth of assets worldwide. The company started humbly in New York City with a few investments in real estate in the United States and in Canada. But it quickly diversified to command billions of dollars in assets.

Fortress Investment Group has always been on the cutting edge of technology investments. They understand that the growing need for Wi-Fi access should facilitate iPass’s growth to 340 million hotspots by the end of the year. Analysts believe that more business people are working on the go and that iPass can fill their need for convenient Wi-Fi connectivity across the globe. It’s just another sound investment from Fortress Investment Group that should pay dividends for their investors.

Anil Chaturvedi and His Banking Career

Anil Chaturvedi is a professional banker based out of India. After graduating Meerut University in 1971 and graduating with a B.A. in Economics, Anil Chaturvedi has continued in his pursuit of balancing investing and professional budgeting for clients throughout the country. Along with receiving his bachelor’s in Economics from his first university, Anil Chaturvedi continued his education at Dehli University in 1973 and received his M.B.A. Along with an extensive education that is based solely on Economics, Business and Banking, Anil Chaturvedi has worked for some of the most prestigious companies within India.

Anil Chaturvedi worked as the branch manager of the State Bank of India where he oversaw dozens of employees each day. His work at the State Bank of India included account management, loan creation, asset and wealth assessment and telling. Anil Chaturvedi also worked for the Country Head of North America and Grindlays Bank in New York City. Currently, Anil Chaturvedi is the managing director of private banking for Hinduja Bank or Switzerland. His duties for this particular career include private bank assessment and wealth management for high net worth customers.

Apart from having a passion for banking and economics, Anil Chaturvedi spends a good majority of his spare time with his wife and children. He is proud to be working with several charities where he invests a lot of his time. Anil Chaturvedi is also an avid lover of sports and soccer, and you can often find him at a local soccer game when he isn’t working. Anil Chaturvedi has several social media pages on Facebook and Twitter, as well as a professional biography and resume on LinkedIn. His personal page can be found on his work website, giving additional information on the different tasks he does regularly at the Hinduja Bank. Because of the passion that Anil Chaturvedi has for banking, he is continuing his education within the field yearly through continuing education credits provided by separate programs and certification courses. Anil Chaturvedi also mans a variety of programs that teaches future bankers and investors ways to improve upon their skills when working within the industry.

https://www.linkedin.com/in/anil-chaturvedi-02574b37

Choose Financial Rebirth

NexBank has discovered a way of minimizing the cost of account fees by securing over $40 billion dollars in assets. A huge number of financial institutes pass on ridiculous fees to their personalized account holders. Fortunately, their services and features help customers to reduce the amount of money that they pay and get more financial growth for the benefit of their hard earned money being maximized allowing you to save or pay for a family vacation. You can learn more about their account features by visiting their NexBank website and choosing from many unique service tabs. They have proudly served the local Dallas area for over 60 years with an expertise in industrialized, commercial, and investment accounts.

John Holt, CEO and President of NexBank, has decided to expand their general counsel with their recent $24 million dollar common equity gain. Holt, would also like to expand his leadership professionals by a few associates over the course of the upcoming year. They are also looking forward to offering their customers innovative banking features that offer integrated services and features for their wide range of personal and business account holders. You never have to worry about being alone trying to navigate your account because NexBank offers a friendly customer service professional that is standing by to take your call 24 hours a day, 7 days a week (including holidays).

You can now become a first-time home owner through a mortgage program that offers their customers lower mortgage payments and interest. They have merged with Dallas based Habitat For Humanity to bring low income residents of the local area to realize their dreams of owning a home. The process is easy and you can find out more information and apply for their home owners program through their mortgage tab listed on their website. Become a valuable NexBank customer today and take back your financial freedom.