How Francisco Domenech Became An Important Player On The Puerto Rican Political Scene

Francisco Domentech is renowned in the Puerto Rican political scene, and is currently the Managing Partner at Politank. Politank is a law firm he founded more than a decade ago, and focuses on developing strategies in order to represent private interests before a governmental forum. Domentech’s academic record consists of a Bachelor of Arts degree in Political Science and his Juris Doctor, earned from the University of Puerto Rico.

In the past, Mr. Domentech held the role of Chief Legal Counselor for Kenneth McClintock, the Senate President of Puerto Rico. He provided legal advice and oversaw all in-house work, representing the Senate’s best interest before courts. After six months, he was part of the Office of Legislative Services, where he acted as Director. He managed a staff of more than 125 employees and a budget of over $11 million, during all three years of his activity (from 2005 to 2008) turning surpluses. Through his years of activity, in both the political as well as legal world, Domentech managed to gain a deep knowledge and experience in his respective field. Read more about Domenech at about.me

In between 2007 and 2012, Francisco Domentech represented the Young Democrats of America while acting as member in the Democratic National Committee. During the 2008 primary elections he was the Deputy Campaign Manager in Puerto Rico of candidate Hilary Clinton. His candidate won with 68-32 against Senator Obama. In the 2016 elections he once again managed the primary campaign of Hilary Clinton in Puerto Rico, where she won with 61-37 against Senator Bernie Sanders. He assisted in organizing his candidate’s trip to Puerto Rico during the 2016 election cycle, and sat on her presidential campaign committee, the National Finance Committee, due to him being a top fundraising bundler.

Whether individually or through Politank, Francisco Domentech took part in a number of philanthropic projects throughout the years, such as the Hispanic Heritage Foundation and the Congressional Hispanic Caucus Institute, among others. Through philanthropic donations to the Clinton Foundation, Domentech supports his previous political relationships. He is admitted to practice before the Commonwealth of Puerto Rico court, and many others throughout the United States, including the U.S. Supreme Court.

Learn more: https://www.slideshare.net/francisco_domenech

How Kevin Seawright’s Company Helps Out The People Of Baltimore

Kevin Seawright is a Baltimore-based entrepreneur in the housing industry. His company, RPS Solutions LLC, rehabilitates foreclosed homes and then sells them at affordable prices to first-time homebuyers. His goal is to increase the rate of homeownership in Baltimore which helps people in a number of ways. First, the new homeowner can start building equity in the home and increase their level of wealth. Homeowners also contribute to the overall health and strength of a neighborhood which helps everyone who lives in it. Visit epodcastnetwork.com to learn more.

For the first ten years of his professional career, he had worked for the city of Baltimore in several financial positions. One of these positions was working as the chief financial officer of the Baltimore City Recreation & Parks department. During his time in this position, he oversaw a budget of $50 million which includes city, state, and federal money. He had a number of accomplishments in this position such as reducing this department’s budget deficit by $600,000 in his first year. He increased the efficiency of this department which, before his arrival, had a pretty poor reputation for waste.

In order to meet the needs of new homebuyers, Kevin Seawright formed a partnership with the National Community Stabilization Trust in 2017. At the time he said that this partnership would help boost Baltimore’s economy, make homes in that city more affordable, and increase the number of people who own their homes. How the partnership works is that RPS Solutions is able to buy homes directly from NCST before they are put on the market. This allows his company to buy these houses at a reduced rate with the savings ultimately passed along to the homebuyers.

Kevin Seawright helps out the Baltimore community in other ways as well. One example of this is that he is on the Babe Ruth Museum’s advisory board. He also coaches a number of youth sports teams.

Read more: https://www.prnewswire.com/news-releases/kevin-seawrights-rps-solutions-llc-secures-first-housing-contract-through-partnership-with-the-national-community-stabilization-trust-300639840.html

Jacob Gottlieb Altium

Jacob Gottlieb and Stuart Weisbrod worked at Merlin BioMed Group before running separate funds. Now they are going to share the same office again. In 1998, Weisbrod co-founded the investment management company Merlin with portfolios in the biotechnology, healthcare service, medical device, and pharmaceutical sectors.

He previously worked with Harpel Partners, Merrill Lynch, Oracle Partners, and Prudential-Bache Securities. In 1980, he earned his Biochemistry PhD at Princeton University. In 1986, he earned his Finance MBA at Columbia University, and in 1975, his Chemistry BA from Colgate University. In 2000, Weisbrod hired Jacob Gottlieb as a portfolio manager. In 1999 and 2000, he helped Merlin see returns of more than one hundred percent. Gottlieb gained clients that included endowments, family offices, major pension funds, and high net worth individuals. In 2007, Merlin closed down and returned funds to investors.

Weisbrod established the investment firm Iguana Healthcare Partners to focus on biotechnology, diagnostic, healthcare information technology, healthcare service, medical device, and pharmaceutical companies. Gottlieb left Merlin to establish the firm Visium Asset Management. Visium survived the 2008 financial crisis to become an $8 billion hedge fund. Although it was successful for more than a decade, it closed down in 2016. Allegations of insider trading caused the firm to pay fines of up to $10 million. Gottlieb was not involved, so he was never personally charged with anything.

He is now moving on to the hedge fund Altium Capital. Its first investment was a stake of 5.61 percent in Oramed Pharmaceuticals Inc. Oramed was founded in 2006 with an oral insulin capsule as its flagship product. The capsule has the potential to replace injected insulin for those with diabetes and protein-based medical therapies. The capsules are cheaper and have a reduced infection rate. $52 million was invested by Wuzhou Zhongheng Group in 2015.

Find out more about Jake Gottlieb Altium: https://www.linkedin.com/in/jacob-gottlieb/