Ascendant Capital is a private equity firm specializing in alternative investments and hedge funds based in Austin, Texas. It is a subsidiary of Axiom Capital Management, a broker-dealer established in 1990 providing alternative investment and wealth management solutions. Ascendant Capital was founded in 2012 by the current Chairman and CEO, Jeffry Schneider.
Under Jeffry Schneider, Ascendant has achieved rapid growth rising to over $1 billion in operating capital and over 30 professionals under his team. His transparent open-door approach has earned him the trust of both employees and business associates. An in-depth understanding of the alternative investment industry through extensive research and analysis is key to offering customized products to high net worth individuals and institutional fund managers.
Jeffry Schneider has previously held various key financial services positions in CIBC Oppenheimer, Axiom Capital Management and Paradigm Global Advisors. Jeffry Schneider has over 20 years of experience in the investment industry and believes that alternative investment products offer better growth rates compared to regular RIA-based portfolios.
Jeffry Schneider also founded Onyx Capital, an alternative investment firm in 2006. In addition, he has also previously worked for Merrill Lynch and Smith Barney.
Jeffry Schneider is a graduate of the University of Massachusetts. He has probably made more headlines through his sports quests than in business. His passion for fitness training has earned him a spot in many world events. He loves extreme sports and has competed in several Ironman events such as New York City Marathon and the Ironman Triathlon in various locations including New Zealand, Santa Rosa, CA and Clairmont, FL among others. Ironman is a world famous endurance sports brand hosting over 260 triathlete events in more than 40 countries around the world.
As a philanthropist, Jeffry Schneider supports Wonders & Worries, Gazelle Foundation and the Cherokee Home for Children among others. He is an active blogger on Twitter, Facebook, and Vimeo with a passion for topics such as parenting, fitness and health, and entrepreneurship. Away from financial services and sports training, Jeffrey enjoys adventure travel.
Magnises is a black card that has been invented by a tech entrepreneur called Billy McFarland. According to The Guardian, Billy McFarland says that the aim is to form a networking or a community for the young people aged between 21 and 35 years. The black card is not a credit card and targets individuals working in various industries that include fashion, finance, and the technology industry.
Currently, the card target individuals living in the east coast cities of New York and Washington DC. However, according to the founder, there are plans to expand the card to other cities across the United States such as Boston, Atlanta, and Chicago.
The application process is simple and involves visiting their website and filling the join now form. There is also a phone interview before you qualify to become a member of the club.
As of today, the company has managed to broker partnerships with over 50 companies with the main aim of improving the lives of their subscribers. Some of their partners include the La Esquina Hotel, the Arlington Club, and the Omar’s Club. Plans are underway to treat its subscribers with the services of the best chefs in New York and Washington DC.
The founder of the card is a college dropout. He dropped from Bucknell University where he was studying computer science. Before dropping out, he established another company called the Spling that proved to be a success. This was a company specialized in making URLs look cuter and managed to attract big guns in the market such as Discovery and the Universe.
The company has also caught the attention of Kevin Liles who is the former chief executive officer of Def Jams. Finally, another big name behind Magnises is Patrick McMullan, the nightlife photographer.
Billy was born in New York 26 years ago. He was raised up in Short Hills, New Jersey where he learned how to code. At the age of 13, Billy McFarland established his first company.
Chairman, President and Chief Executive Officer Anthony Petrello of Nabors Industries offers insight into the energy market and how recent trends will affect the company. Since Nabors Industries is a drilling contractor providing land-based and offshore drilling rigs for gas and oil extraction, including specialty rigs, in 20 countries worldwide, any change in oil prices will affect the company’s customer’s spending, and Nabor’s revenue. Petrello analyzes key customer’s projected operations nationally and internationally and factors in supply to determine the strategies Nabors will employ in the upcoming year.
CEO since since October 28, 2011 and a member of the Nabor’s Board of Directors since 1991, Petrello, who holds a J.D. degree from Harvard Law School, previously worked as an attorney specializing in corporate law. A clever, astute executive, Petrello also has an M.S. degree in Mathematics from Yale University.
Chairman of the Board and Chairman of the Executive Committee of the Board Anthony Petrello is also expected to uphold Nabors Industries’ values, which are going the extra mile to exceed their customer’s expectations, even in the toughest drilling environments. In addition, Nabors values accountability, and although Petrello is not directly responsible for meeting deadlines, the drilling contractor’s failures would reflect on his leadership skills.
As a member of the Board of Directors, Petrello is accountable for adhering to the governance policies, including compliance with the of the Organization for Economic Co-Operation and Development’s Principles of Corporate Governance and Nabors’ own code of conduct, which includes obeying the competition laws in all countries that the contractor does business in.
Originally from the East Coast, Petrello moved to Houston to work at Nabors Industries, a move that enabled him to become one of the country’s highest-paid CEOs. A long way from his childhood in Newark, New Jersey, Petrello’s high intelligence resulted in a scholarship, acceptance into law school, a job at a prestigious Manhattan law firm and finally, a position as the head of one of the world’s largest oil and gas drilling contractors.