Mike Baur with Max Meister and Oliver Walzer founded the company Swiss Startup Factory. The Swiss Startup Factory is a company that mentors entrepreneurs and provides educational facilities for a specified period at the end of which the entrepreneur is expected to pitch his idea. Such a company is meant to encourage entrepreneurial pursuits by ensuring that young businessmen and women are supported in the early stages of their endeavors.
The company was founded in the year 2014 with the aim of providing the same service that public startup accelerators do but with an entrepreneurial slant. Mike Baur worked for a long time in the banking industry but always wanted to start his own business. He feels that provided with the same things he has access to today he would have started his business much earlier.
According to Mike Baur, the private banking industry suffers because of many managers and banking advisers are unwilling to embrace change and do not have a hands-on approach to business. This means that in the event of a crisis the bank cannot whether the storm. His success at Clariden Leu is because he was willing to make changes. It is unfortunate that these changes did not sit well with everyone.
Credit Suisse took over Clariden Leu in 2011, and the new situation did not sit well with Baur, and he left to start his own business. It was not easy, to begin with, but he had the support of both his wife and his mentor Jean-Claude Biver. Mike Baur testifies to the fact that he would have remained in banking had it not been for Clariden Leu’s acquisition. Today most of his time is devoted to the startup accelerator bit of his business. He is also involved in marketing his business to young entrepreneurs in colleges and universities.
About Mike Baur
Mike Baur is a Swiss entrepreneur born in 1975. He attended the University of Applied Sciences Bern in 1997. He got his Bachelor of Applied Science Degree in Banking and Finance in 2002. He went on to the University of Rochester for his M.B.A and then on to the Universitat Bern to get his Executive Master of Business Administration degree in 2008.
Baur has worked in different firms including, UBS Wealth Management (1991-2008), Clariden Leu and Sallfort Privatbank AG. Apart from Swiss Startup Factory he also founded and owns Think Reloaded AG. Swiss Startup Factory has invested in more than 30 companies.
Paul Mampilly is a successful American investor who gained enormous fame for his former role as a hedge fund manager. Born in India, he came to the United States and shortly made an enviable position for himself on the Wall Street. He had an illustrious career of 20 years of working for various international clients such as Deutsche Bank and ING etc; His managerial genius received a timely and apposite appreciation in 2009 when he was vouchsafed the prestigious award of Templeton Foundation.
Paul Mampilly is the founder of the famous investment newsletter Profits Unlimited. Through this publication, which is published by Banyan Hill publishing, he shares his managerial and investment skills and knowledge with some 60,000 subscribers who are bidding to become stock investors. The 8-page newsletter is widely popular among people involved in stock investment which published every month. However, Paul Mampilly ensures a weekly update of one or two stocks. Through his productive analysis, he informs his subscribers about the way they invest in the stocks and how to make a profitable arrangement between a client and financial advisor. Click here to know more.
The readers of the newsletter praise Paul Mampilly for his financial genius and his productive guideline he provides them with. It has been witnessed that the stocks he writes about in his newsletter experience a sudden increase in their value and worth on a remarkable scale. With his outstanding financial advisory output, he has helped numerous investors greatly maximize their shares and stocks in a short time. When it comes to his personal investment, Paul Mampilly has a remarkably illustrious track record. It is evident from his successful career as hedge fund manager and investor and his impeccable financial research that Paul Mampilly is contributing remarkably to an innovative approach to investment to maximize the value of his subscribers’ stocks.
James Dondero has recently been selected to serve on SMU’s Cox School of Business Executive Board. Dondero is the co-founder and current CEO of Highland Capital Management, an investment advisory company and he now brings 30 years of expertise to the guidance of Cox School of Business’s strategic operations. It’s an honor for Dondero who’s praised the university for its contributions to the Dallas business community, and Highland Capital currently sponsors the Tower Scholars, a public policy scholarship and grant to the university’s library center. For Dondero, it’s another accomplishment in the influence he has had in the greater Dallas area, adding to the boards he serves on at Cornerstone Healthcare and NexBank.
James Dondero has built a successful career in guiding alternative investment practices. He got started at the University of Virginia’s McIntire Business School where he got high honors in both accounting and finance, and began with the Morgan Guaranty training program in analyzing back in 1984. The following year, he was hired by American Express where he became a portfolio manager. He stayed at American Express until 1989 when he went to Protective Life Insurance Corporation where he would meet Mark Okada, the man who would become his business partner. The two men managed the GIC subsidiary of Protective Life, but it became more than a small branch of the company after Dondero and Okada grew client assets under management there to over $2 billion.
That GIC subsidiary would eventually become Highland Capital, and it started out managing funds in the fixed income markets, but today it now manages portfolios in many alternative sectors. Most notably Dondero’s company is one of the largest collateralized loan obligation (CLO) managers, a special kind of security-backed loan that comprises of multiple bank loans. Highland Capital also has investments in private equity, both long and short-term, real estate, health care, and emerging markets. Dondero is also a well-known philanthropist in the Dallas area, even recently making a pledge to match donations up to $1 million to go to a local domestic violence shelter group.
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For years now, Dallas neighborhood Homes and Dallas Area habitat for Humanity have been doing great work at providing a means for low-income families in Texas to own homes. September this year saw the two organizations announce that they would be extending this service to the residents of Southern Dallas, with only specific zip codes to benefit. The special program will be running for five years, where every year there will be at least 100 beneficiaries.
NexBank, the area’s leading regional bank will also be partnering with them. NexBank will be channeling $ 5o million to the program. With this money, the bank hopes that there will be more money, going to mortgages, to be advanced to Dallas’ residents. Also, the bank will be covering the closing fee for each loan. On this, NexBank has pledged $ 2,000 for each close.
Matt Siekielski, NexBank’s senior vice president of mortgage operations, speaking about this partnership, said that they were happy to be working with these two organizations.
Likewise, Mark Tribuna, the vice president of Dallas Area Habitat for Humanity, said that they were more than glad to be partnering with NexBank in the program. He acknowledged the bank, saying that they were playing a major role in helping residents of Dallas live their dreams of owning homes.
NexBank is a leading regional bank, owning more than 3.5 billion in assets, based in Dallas. It was founded about 94 years ago, opening a line offering financial services throughout USA. The bank offers commercial, mortgage and investment banking within its service profile.