Monthly Archives: February 2016

Steve Murray, CEO of CCMP Capital, Passes On

CCMP Capital Advisors is a very popular private equity organization. The company mostly deals with buyouts and growth equity activities, especially in the upper middle market institutions. Since it was formed, the company has invested lots of money in consumer, retail and services, industrial, media and telecom, healthcare infrastructure, and even financial service sectors.

In the consumer services and retail industry, the institution focuses mostly on specialty retail, consumer packaged products, direct marketing, service industry among other activities. In the media and telecom investment department, CCMP mostly specializes in consumer trade publishing, broadcasting, content and programming, cable and wireless and wireline communication department. In the industrial department, CCMP makes investments in manufacturing, chemicals, distribution and automotive activities.
CCMP Capital is believed to have been established in the year 2006. The company was founded to precede with the investment strategies that were developed and also implemented by the organizations professionals as part of J.P Morgan Partners. The company had other predecessors known as Chemical Venture Partners, Chase Capital Partners, and Manufacturers Hanover.

Just recently, CCMP Capital Advisors named Robert Toth to become the Managing Director of the institution. Toth is expected to become an investment team member for the organization full time, and he is expected to work closely with the institution’s current portfolio companies. Toth has acquired a lot of experience while working in leadership roles in various organizations and this proves that he is the right person for the job.

Before getting this position at CCMP, Toth was working as the CEO and president of Polypore International. He was also a member of the board of trustees for this company. He has worked in many other senior positions, and it has enabled him to have the expertise required to handle a big institution like Stephen Murray CCMP Capital.

Since it was formed several years ago, the company has grown significantly, and it has managed to employ several people in its offices. Although the institution is based in New York, it has managed to open several branches in different cities. There are offices in London, Hong Kong, and even Tokyo. In the year 2008, the company appointed Mr. Greg Brennenmen to become the chair of the institution. In 2007, they had appointed one of the founding partners in the company to become the CEO, Mr. Steve Murray CCMP Capital.
In February last year, there was a report that Steve Murray had left the New York-headquartered organization. Steve Murray had worked in the institution for very many years, but in 2007, he was appointed to become the CEO of the powerful company. When he was leaving the company in February, the management of the company said that the reason for his departure was health related problems.

Just recently, Steve Murray passed way at his home at 52 years of age.

New Jersey Dentist Starts Fundraiser for Operation Smile on GoFundMe

Avi Weisfogal is a renowned dentist and philanthropist working from New Jersey. Avi launched a GoFundMe campaign for Operation Smile. The charity gives free medical aid and surgery to children with facial deformities that include cleft lips and palates. This charity drive was started in 1982 by William and Kathleen Magee a doctor and nurse respectively. It was started in the Philippines and incorporated the help of other medical professionals. The team launched operation smile soon after when they were overwhelmed by the enormous amount of work and resources required.

They got donations from well-wishers and rounded a group of volunteer staff of doctors, technicians and nurses. Today the program has grown to incorporate thousands of staff volunteers from over eighty countries. They cover over sixty countries and have done about a quarter million free surgeries. In addition, they also train local medical teams in all the areas they visit on how to handle cleft surgeries while donating supplies and equipment needed.

Avi Weisfogal, Dentist and Philanthropist

Weisfogal has been touched by this beautiful campaign and the success it has had in over sixty countries. He decided to start a fundraiser drive using the GoFundMe platform to help raise funds for this charity operation. Weisfogal is keen on helping people and finding important solutions to common problems. His work in combating sleep apnea has been instrumental in understanding and helping many people around the country.

Avi Weisfogal started a dentist practice, Old Bridge Dental Practice, in his home town of New Jersey. He has won numerous awards in the dental profession due to his hard work and excellent medical services. Avi attended Rutgers University for his Psychology and biology degree. He later got a dentist degree from the New York University College of Dentistry. Later as his career progressed, he acquired a Dental Sleep Masters.

Avi Weisfogal has been involved in seminars on Dental Sleep Masters. These aim to teach people how to handle sleep disorders and problems with a special interest in sleep apnea. He has started a number of programs on the topic such as Healthy Heart Sleep and Owner Unlimited Sleep Patients. He aims to create awareness on the correlation between dental health and sleep problems.

Read the original article here.

Charles Koch Sides With Bernard Sanders

Charles Koch recently published an op-ed in The Washington Post in which he reaches out to find common ground with Senator Bernard Sanders.

Chairman and CEO of Koch Industries, one of the largest private companies in the United States, Koch is well-known as a wealthy fundraiser and powerbroker within the Republican Party. He and his brother David are often targets for liberal attacks. Their politics lean to the libertarian side, and so they wouldn’t seem to share many values with the democratic socialist from Vermont.

According to Koch in the op-ed piece, he agrees with Sanders the system of politics and economics is structured to keep the elites in power and make everybody else pay the bill, especially society’s poorest. Sanders says the system has two levels that tends to keep the poor and underprivileged poor and underprivileged. And corporations receive what is essentially welfare for corporations while regular people don’t have the chance to compete. And Koch agrees.

Charles Koch explains that politicians from both parties have favored laws that help decide where the money goes. This helps keep the current system going. Koch agrees a lot of businesspeople have campaigned for these laws and regulations, which help them and their companies.

Charles Koch uses as examples the tax code, which gives exemptions worth an estimated $1.5 trillion to wealthy taxpayers. He says regulations that limit competition cost businesses nearly $2 trillion a year, and most of the businesses affected are small, and this is unfair.

One specific example he uses is the ethanol mandate. Koch Industries takes advantage of it, because it’s there, but politically Koch is against it. He would like to eliminate it even though his own company profits from it.

He says he chooses his political positions based on how they affect society, not on whether or not his business makes money from those policies. He calls on politicians to stop supporting a system which create an permanent underclass in the country.

Koch points out that poor people caught with marijuana wind up with criminal records that hurt them later in life. But the affluent aren’t treated the same, and there is no justice in that.

While Koch agrees with Sanders on this problem, he disagrees with a socialist solution.

Sanders wants more government, Koch wants less. Koch believes that will lead to greater freedom for all people in the country.

One published reaction to this op-ed speculated that in the future many Sanders supports will actually listen to this message. When they’re eventually disappointed with Sanders, they may listen to a politician expressing the same message as Koch writes. Populism from a libertarian standpoint.

The Success of Keith Mann

Keith Mann is the current leader of a up and coming company called the Dynamic Search Partners. In most recent news, Keith Mann and his wife, Keely, have announced their new scholarship that will be awarded in 2016 for professional achievement. This award has been specifically designed to recognize up and coming business leaders of this new generation.

Keith is a known philanthropist and with this new scholarship, Mr. and Mrs. Mann are now pleased to be partnering with the Uncommon School which is a non-profit organization that is based in New York City. This new scholarship offered on behalf of Keith and Keely Mann will be available to one high school senior each year who will be chosen at the Uncommon Brooklyn location.

Joe Frick, a college counselor at the Uncommon School will give one well-deserving student the means to attend a four-year college. Though the process is tough, the most deserving senior will be sure to win the award. The requirements to apply for the scholarship include a 1,000 word essay on how earning a college degree will assist them with their professional goals. As Mr. Mann is a dedicated leader himself, he now wants to give others the opportunity to shine even if they did not have the means to do it.

The application process will be officially closed on the last day of February and by the end of March of 2016, the winner will be announced. The winner will receive $5,000 that they will be able to apply to their college education from the Uncommon Schools based in Brooklyn.

Keith Mann understands what it takes to be a strong leader. He carries 15 years working in the executive industry and is currently an expert in hedge fund compensation as well as in hiring and staffing. Finally, in 2009, Keith Mann officially founded the Dynamic Search Partners which has been labeled as the premier executive search firm. Though Keith Mann founded this company, Mr. Mann is involved with the company everyday and completes day to day work with his team. Currently, the offices are located in Europe, Asia, and the United States.

Follow Keith on Facebook, Vimeo, and Twitter to stay up to date on his new scholarship details.


Handy Cleaning Services Is the Best

Handy Cleaning Services has really been a blessing to me and my family. I got a promotion in the last year and we moved into a bigger house. I didn’t think that cleaning the house would be such a chore, but it really was difficult. I think it was harder for me to find the time because the new position required longer hours at work. I realized that it would be in my best interest to hire a company with cleaners, and that is how Handy Cleaning Services came into the picture.

I live in Atlanta, and this is one of the metropolitan areas that Handy services. I have praised this company for the excellent job that these workers are doing. I have small children that do more messing up than cleaning up, but I entertain a lot. I don’t have a lot of time to keep going behind the children to get things in order. That is why I schedule service with Handy and move on to something else. This gives me less to worry about during the week because I know that I can trust Handy to do a great job. I have never been disappointed, and I think that the contractors aspire to please. They know that this leads to repeat business like the ongoing relationship that I have built with this company. I appreciate all that these workers are able to do. I also like the fact that they do their cleaning in such a timely manner. I like the fact that I can book in less than a minute and get someone out to clean the next day.

I also discovered that this organization has contractors that can perform other tasks, but my experience at the moment is based on the cleaning services alone. I am sure I will contract out some other services in due time if the service for things like plumbing and painting are as good as the services for the cleaning. I believe that this company is among the best when it comes to cleaning homes in metropolitan areas.

Highland Capital Management: Pioneering New Territory

In the early 1980s, James Dondero attended the University of Virginia. When he graduated with honors, Jim received a dual degree in accounting and finance. He then went on to have a more than 30 year career in investments. He first worked for Morgan Guaranty training program as an analyst. He then worked for American Express as both a portfolio manager and a corporate bond analyst. Jim Dondero was then asked to be the Chief Investment Officer at a Protective Life GIC subsidiary. After a decade of working for other companies, Jim decided to start his own. He bought out the GIC subsidiary and turned it into Highland Capital Management.

Highland Capital has quickly grown and now offers a variety of services to clients, including long-only credit funds, long and short equity funds, oil and gas funds, emerging markets credit funds, retail and institutional funds with diverse strategies, distressed for control private equity funds, ETFs and credit hedge funds. Jim has grown the fund to now have more than 180 employees in offices in Seoul, Dallas, Singapore, New York City and Sao Paulo.

The fund’s numbers were recently reviewed in an article published by Octa Finance. After the firm filed their 2015 third quarter 13F, Octa Finance did an analysis and found out some interesting changes that had been made to the company’s portfolio. The biggest change was the fund’s equity exposure. The fund’s equity exposure is about 22 percent of their assets and in the third quarter it lost value by 1.49 billion dollars. In the second quarter, the portfolio was valued at 4.91 billion dollars and by the end of the third quarter it had dropped to 3.42 billion dollars. The fund’s total value of assets it manages is roughly 15 billion dollars.

The fund also made some new purchases over the course of the third quarter. There were 69 new stocks purchased, including Amazon for 23 million dollars, Danaher Corp Del for 17 million dollars, Intra Cellular Therapies Inc for 15 million dollars, Spdr S&P 500 Etf Tr for 67 million dollars and Eagle Pharmaceuticals for 17 million dollars. The firm also bought additional shares to increase their position in 62 other stocks and sold out completely in 119 stocks, while reducing in 80 stocks.

If you would like to read further, you can find the full article here:

I Choose Beneful For My Playful Dog

My dog loves to play with his tug rope, run around the backyard and play at the dog park. I want him to stay playful for a long time, and this is why I only give my dog Purinastore products from Beneful. I know this almost sounded like an advertisement for Beneful dog food, but I really do prefer this brand for my favorite pup. It is packed with the nutrients my dog needs to lead a healthy, active life. I want to give other dog owners a glance of this brand, so here are a few of the Beneful products I feed my dog.

Beneful Dry Dog Food for Healthy Puppy: I used to give this product to my dog when he was a puppy. It is made with real chicken, peas and carrots to create a calcium-rich meal. The nutrients and DHA enhanced his vision and brain development.

Beneful Dry Dog Food for Playful Life: Playful Life is a product I still feed my dog today. It is made with real beef, eggs, spinach and blueberries. It may not sound like a mouthwatering meal to us, but it gives my dog the protein and nutrients he needs to boost his energy.

Beneful Healthy Smile Dental Ridge Dog Treats: My dog is always chewing on his bone, tug rope, ball and any other toy I give him. I give him dental dog treats so his teeth will stay healthy and strong. The Healthy Smile Dental Ridges support his teeth and bones, reduce plaque and tartar and freshen his breath. This product is made with real meat and parsley, and it is one of his favorite dental treats from Beneful.

The key to keeping your dog active is to give him products that are beneficial for his mind and body. The products from Beneful are packed with healthy ingredients and rich flavors, so I know my dog is getting the right amount of nutrients.



CEDC’s Executive Vice President Kevin Seawright Discusses Plans For Local Economic Development In The City

Newly appointed CFO and Executive Vice President of Newark CEDC, Kevin Seawright, is no stranger to the field of real estate development. With over 13 years of experience in capital management under his belt, Seawright is one of the few finance professionals to have successfully juggled working in both the private and government sectors.

Career Beginnings

Seawright began his career with a public sector position in Baltimore, Maryland. After a solid eleven years’ experience in the fields of education and real estate, he took his experience to the private industry. Seawright has had a lifelong commitment to bettering the living conditions of urban communities, a passion that shows in his enthusiasm for his upcoming projects.  When speaking to WorldClass Magazines Kevin Seawright really highlighted the good they’ve done for New Jersey as a whole.

Having worked for community betterment in Philadelphia even as a boy, Seawright credits his parents for having inculcated the principles of financial stewardship in him by having him sign up for youth programs. His drive for social betterment hasn’t waned in adulthood, as is evident from his dedication to working for change in Newark.  That’s a big part of what led to Kevin landing the NCEDC job.

Current Projects

Newark CEDC is currently in the process of collaborating with Mayor Ras Baraka to develop a capital management model for small businesses, and an employment program that has already employed about 3,000 students in Newark so far. Development of ports and railroads, and better wifi access is also underway.

Having worked in the education sector, Seawright voices on Twitter that he considers both online and formal education equal parts effective in bringing change. He is credited with developing University of Notre Dame’s three part executive leadership course. The program, taught in the university’s Mendoza College of Business, focuses on leadership roles in transformational organizations, fundraising strategies, and financial management in the competitive landscape of today.

Focusing On The Future

Seawright attributes his successful career and wins to his focus on improving people’s lives, which he says is his biggest motivator. His data focused analysis, flexible management, and creative problem solving skills are some of his biggest strengths. Seawright believes in using his expertise to make a difference in small ways, like the time he was able to provide credit to a Newark entrepreneur who had been turned away by other banks. As CFO of Newark CEDC, he hopes to continue provide easy access to capital for owners of small businesses. In his opinion, boosting entrepreneurial businesses is one of the best ways of boosting Newark’s economy.

Personal Life

Even amidst tight travel schedules, Seawright finds time to indulge in some of his favourite hobbies, which include playing basketball and football. Seawright also shares an extremely close relationship with his daughter Tia, and loves spending his free time watching her play basketball and softball. He counts his great relationships with his extended and immediate families as the true measure of his success, and hopes to take this filial spirit to his work projects with the aim of bettering Newark’s community and economy.  LocalTalkNews had another cool interview with Kevin Seawright, that sheds even more light on his professional life.

A Healthy Reputation

Almost half of the current world population is online. For any business to have an easy time convincing its clients that it is the best, it must have a very good online reputation. It must be devoid of all negative criticism that seeks to portray only its not so good part. It must be endowed with a healthy review that will convince customers to buy from it. A healthy reputation also applies to any individual who is always on the public domain whether a celebrity, a politician, entertainer or any other career. To be trusted by people, they must never get negative information about you.

The biggest blunder that people and businesses with public profiles make is just sitting and waiting for disaster to happen so as to act. Many do not have the needed preparedness when matters related to seeing to it that their profiles maintain only positive reputations are concerned. Whether negative or positive, online reputation plays a very integral role in determining conversion rates just the way content does on the search engines. If the reputation is positive, then popularity will grow towards that direction. If it is negative on the other hand, then it will grow towards that direction as well.

These days however, there are startups that have been deeply involved in making it much easier for companies and individuals to maintain healthy online profiles all the time. The companies are endowed with the best techniques to ensure that even when a client is encountered with a negative reputation, they can with time replace it by posting a lot of content that it positive. Although the process takes a little bit of time, it has proven to be very reliable.

Status Labs is one of the best companies in the online reputation niche. The company has been in the business of helping clients maintain positive and professional profiles online. It is headquartered in Austin with offices in New York and Sao Paulo. The company is trusted by more than 1500 clients from different parts of the world for their online reputation and public relations needs. Since it was started, Status Labs has been able to help many redeem their good reputations online.

Brazilian Businessman Igor Cornelsen Is Our Helpful Friend And Adviser

When we decided to expand our business, it was very hard to decide where to expand. We thought about expanding into many areas of the world. One part of the world that kept coming up over and over again was that of Latin America. This makes sense as our business is based in the United States. The Latino markets have become increasingly important to us in recent years as the average income has started to rise in this part of the world. As a result, I began think about ways that I could invest in here as many of our customers have spoken favorably of this region and how investing here has led to an increase in business and an expansion of their existing business plan.

The use of such business plans has been one that I have thought about. It was only when I turned to Igor Cornelsen that I began to get the kind of help I needed to move into a market in this part of the world. I know that as I am not all that familiar with Brazil or with the rest of Latin America. This is why I sought out help for this issue. I found it from Cornselsen. He knows the entire region very well. The region can be hard to figure out and it is not always obvious where to begin any kind of investment project.

This is why it is ideal to have a guide when you are trying to invest here. A skilled adviser such as Cornelsen on tumblr can be a real help. We at our company knew from that Brazil was on the top of the list of countries in the world that we wanted to seek out but we weren’t sure how best to go about it. This is why I thought it made sense for us to consider working with him as we started on our journey to this part of the world.

Since that time, we have found that Igor Cornelsen has helped us pinpoint potential markets and discover the best way for us to earn new funds. As a result of his help, we have also been able to expand into many varied parts of the region including the major cities as well as other areas of the country. Our entire business has found that expanding into this area has been quite helpful and allowed us to increase our operations in the United States as well as in Latin America. We have also found that doing so has helped us continue to see a positive capital flow as our consumers have responded well to the products that we have offered them here in this part of the world.