Education Secretary Betsy Devos

In 2017 President Donald Trump announced that he would be redacting a federal policy dealing with the rights of transgender high school students. The policy in question allowed transgender students to use their preferred bathroom while attending school and was considered by many on the right to be government overreach.

 

The Secretary of Education, Betsy DeVos, publically supported this decision by the president. In a speech delivered to a group of conservative political figures, she stated that it was the right choice and that she agreed with the president’s reasoning. Reports from within the Department of Education tell a different story, however.

 

In one report, a representative of the gay and transgender community was assured by DeVos that she would oppose the president if he attempted to remove the policy. The same report also stated that DeVos warned employees about the policy removal hours before it was announced by the President.

 

It is unusual for DeVos to change her opinion or waffle when it comes to public policy. She is known by her former constituents for being steadfast, sometimes to a fault. It is this behavior that likely caught the attention of President Trump when he was choosing candidates for the position of Secretary of Education.

 

DeVos was the president’s second choice for the position, being chosen after his first choice declined the offer. DeVos was met with opposition by the Democrats and was faced with committee actions intended to determine if she was suitable for the role of Secretary of Education. Because of this, her confirmation was delayed and she was not officially approved until February of 2017.

 

During her time as Secretary of Education, DeVos has traveled to schools and education centers around the nation in an effort to raise awareness and support of her policies, which include school choice.

 

Under DeVos’s school choice system, students would be able to choose from a variety of public and charter schools. DeVos believes that privatization of the education system can ease some of the issues that the current system faces, such as underfunding. DeVos is also a proponent of a school voucher system, intended to limit class sizes and allow for a more personalized education.

 

To learn more, visit www.betsydevos.com.

CEO and Businessman of Eucatex, Flavio Maluf

Flavio Maluf is the owner of Eucatex. He is a businessman in Brazil. Maluf was born into a family that had wealth. He attended school at the Armando Foundation. He received a degree from the Armando Foundation. Flavio had the passion to become an entrepreneur, just like those in his family. His father is a respected and well-known businessman in Brazil. His family is familiar with Brazilian politics and gave him a solid foundation to begin his own career. Read more about Flavio Maluf at Blog do Ronco

Maluf was asked about the idea for their family’s business. He told a media news outlet the idea for their business came from their ancestors. Maluf’s great-grandfather operated and owned the most popular mills in Latin America for that time period. In the 60’s Maluf’s father and uncle purposed the idea to use the mills to manufacture wood and lining fibers for the industry. Eucalyptus is a well-known variety of wood. This is the exact type used today in poplar furniture and commercial uses.

Flavio’s typical day begins a little after eight. He travels to the office to work at least four days a week. Flavio Maluf’s schedule is planned, detailed and organized. In order to stay on top of business endeavors as the CEO, he must stay infomred regarding company assignments. Flavio makes trips to the warehouse and factory to oversee management.

A survey had been completed for 2018 regarding all produce harvest. What the survey found was soybeans, wheat, barley grew exponentially in the market. The numbers were in excess of 119 million tonnes. This seems like a large number, yet it is only a four percent increase from prior surveys. Conab is a Brazilian supply company that records these statistics and reports them to business owners. The European Union is overall the second-largest market Brazil caters to for goods and exports.

Regions of the world such as Asia are major customers for Brazilian exports. One idea Flavio Maluf lives by is the idea of hard work. He believes you should seek perfection in your efforts and be the best in your field as an entrepreneur.

Visit: https://pt.wikipedia.org/wiki/Fl%C3%A1vio_Maluf

 

Understanding private credit funds with Gareth Henry

Gareth Henry is the head of global investor relations for several U.S.based investment management companies. He recently spoke about private credit funds with The Daily Forex. Gareth Henry focused on Mezzanine Loans which are used to categorize private credit funds. The Mezzanine loans are intended to book subordinate capital investments, which consists of debt/equity combination instruments in small and mid-sized businesses. Henry’s experience in the credit sector is the reason why he has been named Head of International Investor Relations for the international company Fortress at their London headquarters. He created and implemented a sales strategy that addressed the fixed income product lines for the firm’s Hedge Fund. The strategy addressed the fixed income, the credit, and the private equity lines of the Fortress business.

The idea was to implement alternative investment management. Gareth Henry addressed the growing trend that affects the direct deal and single asset investments of companies when it comes to the private credit and private equity. Gareth acknowledged that private credit funds have full control when the focus of providing a steady income stream was concerned but also to maintain the capital of a company. There are those who consume a large risk to generate an IRR(Internal Rate of Return) for investors. Gareth stays on top of the latest developments within the field to advisor companies when it regards funding. He spoke about the Senior Loans which generally involves direct lending through first or second lien loans for mid-sized and smaller companies. The return for these companies is generated by the current interest payments that consist of a floating rate. The floating rate consists of the stated credit spread in order to assume the implied risk of the loan.

Gareth Henry also addressed the Capital Appreciation Strategies. The strategy is a private credit fund that generates the returns that are associated with private equity investments. Gareth spoke about Specialty Finance and Distressed Credit. Specialty finance is private credit funds that are specialty strategies involved in several niche approaches in regard to investing in debt. Distressed credit or impaired credit implements a strategy that targets debt that is scouted from mid-size or large firms that have been through a negative impacting credit event of some sort.

In conclusion, the progress of private credit investments predicts that the financial industry is actively finding innovative ways to permit investors to achieve their goals.

Gareth Henry’s Facebook Page.