Sightsavers Celebrates Having Helped Over One Billion People

The UK-based charity Sight Savers was established to eliminate preventable blindness. Since its founding, Sight Savers has expanded its mission to include advocating for and educating the disabled.

 

In Africa, Sight Saver’s campaign against preventable blindness has the charity working with other charities, researchers, and national and local governments to eliminate Neglected Tropical Diseases (NTDs). Trachoma and River Blindness both lead to the loss of eyesight and are two of five NTDs that Sight Savers is trying to eradicate.

 

Last year, Sight Savers celebrated having treated their billionth patient. A gathering to celebrate this milestone featured the renowned theoretical physicist and cosmologist the late Dr. Stephen Hawking as the keynote speaker. Dr. Hawking was chosen because of his father Dr. Frank Hawking’s work in the field of Neglected Tropical Diseases.

 

A prodigy himself the elder Hawking developed an interest in tropical diseases while working towards his medical degree at Oxford University. After graduating from Oxford he furthered his study of NTDs under the tutelage of Warrington Yorke at Liverpool University’s Department of Tropical Diseases. From Liverpool, Dr. Frank Hawking’s determination to eliminate tropical diseases took him to Africa.

 

The Second World War interrupted Dr. Frank Hawking’s research. He left Africa to aid in the defense of his native England. After the war, Dr. Hawking took a position with the St. Albans Hertfordshire based National Institute for Medical Research heading its Parasitology Department. Stephen Hawking credited his love of science to his father and the time he spent at the National Institute.

 

Never losing his interest in Neglected Tropical Diseases, Dr. Frank Hawking began studying the means used by nations that had eradicated NTDs. He concluded that China’s practice of keeping its canals free of human waste and snails held the answer to controlling other diseases. Dr. Hawking’s research would lead to the development of Diethylcarbamazine (DEC). DEC is used to treat lymphatic filariasis a.k.a. elephantiasis a parasitic disease that causes the limbs to swell to grotesque proportions.

 

Dr. Frank Hawking remained devoted to medicine his entire life. In lauding Sight Saver’s efforts in treating what is now one billion plus people Hawking declared, “The success of Sight Saver’s global filariasis program is part of Frank Hawking’s legacy.”

 

 

 

 
https://www.sightsaversindia.in/

Infinity Group Australia Secure Your Financial Future With Experts

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OSI Industries: A Century of Success in the Food Industry

The OSI Group has been operating for more than a century, and they have been considered as one of the most successful firms in the food processing and manufacturing sector. The company traces its early beginnings in the year 1909 after a German immigrant named Otto Kolschowsky established a small meat shop outside the city of Chicago. He named his business Otto & Sons, and he focused on providing meat products to the people living outside Chicago. Because of the rising demands for his products, he had to open up another branch on the other side of the city. The company enjoyed years of success, but they never expected that the business would still grow further.

One of the greatest changes that happened to Otto & Sons would be the decision of McDonald’s Restaurant to hire the company as their official supplier of burger patties. Otto Kolschowsky felt delighted after learning that McDonald’s has chosen them to become their supplier, but he thought of the additional capital that the company would need to go in sync with success felt by the fast food chain. He decided to seek the assistance from Sheldon Lavin, who secured additional funding for the company. Otto Kolschowsky has also given Sheldon Lavin and investment share with the company, payment for his generosity of letting Otto Kolschowsky loan a huge amount.

In 1973, Otto & Sons opened their first mean plant in West Chicago, Illinois, and two years later, they decided to change the company’s name to the OSI Group. The following decade saw the extensive expansion of the company as McDonald’s Restaurant began appearing all over the world. In 1978, the company opened their first expansion business deal in Germany, and they have also started to operate in Spain and Brazil. The OSI Industries has also set its eyes on Asia, and in 1987, they began their official trading relations with the K&K joint venture based in Taiwan. In 1989, the OSI Group continued its expansion in Austria, and the following year, the company expanded its operations to the Philippines.

Presently, the company operates in around 70 countries, and they have signed partnerships with the local business people. The company also started to acquire smaller firms, bringing them into the expanding OSI Industries family. Their most recent acquisitions were of Turi Foods, Hynek Schlachthof, Flagship Europe, and Baho Foods, and the OSI Group stated that this trend would continue in the European continent.

Bruno Fagali Provides Outstanding Legal Representation

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The various Funds ran by Fortress Investment Group

It has been almost a year since Softbank made their offer to acquire Fortress Investment Group. The proposal was worth about $3.3 billion and meant that if the company’s owners and shareholders were to accept the deal, the entity would once again become a private company and it would decide from trading its shares in New York Stock Exchange. The offer was taken and the bank gained full ownership and control, but leadership was left to the founding partners that include Wes Edens, Peter Briger, and Randal Nardone.

Fortress Investment Group has over the years grown its assets catalog. Today, it manages assets worth almost $44 billion, and it continues to diversify its operations to include investments from different sectors. The global firm runs different funds that control the broad portfolio of investments namely;

Fortress Real Estate Opportunities Fund

As suggested by the name, this is a fund that is individually responsible for all opportunities that relate to real estate. The firm has over the years dedicated resources and capital to one of the most lucrative ventures especially after the disastrous market crash of 2008.

Fortress Secured Lending Fund

This entity is a private equity fund and its structure concentrate on senior loans. These loans are most of the times secured by portfolios which are seen to be safe.

Drawbridge Special Opportunities Fund

Generally referred to as DBSO, the fund was formed primarily to cater for all overseas investments made by the company. It is among the most diversified fund as it has been able to infiltrate several sectors including corporate securities, distressed global assets, loans, and assets. Its success is due to its versatile abilities.

Fortress Credit Opportunities Fund

The fund was started to focus and take advantage of opportunistic investments. It focuses on distressed assets as well as the undervalued assets in the financial sector.

Fortress ABI Fund

This fund is in simple words an asset-based fund. It operations mainly focus and take care of asset-backed securities.

Fortress Japan Income Fund

With Fortress Investment Group looking for opportunities outside the United States, the fund is solely responsible for the Japanese market. The acquisition of Fortress by Softbank comes as a booster as the bank has been in the Japanese financial sector for a while now and will significantly help in the fund’s growth.

In addition to the above funds, Fortress Investment Group offers an array of other financial packages that have played a significant role in its growth.

https://www.crunchbase.com/organization/fortress-investment-group