Beyond Global Management Ranks No. 2,651 on the 2024 Inc. 5000

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Beyond Global Management Ranks No. 2,651 on the 2024 Inc. 5000

2024-08-15 21:26 Last Updated At：21:41

NEW YORK & HOUSTON--(BUSINESS WIRE)--Aug 15, 2024--

Inc. revealed this week that Beyond Global Management ranks No. 2,651 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240814061562/en/

“It is an incredible honor to be named a 2024 Inc. 5000 company and we applaud all the businesses on this year’s list. Our growth reflects our commitment to delivering risk-adjusted real estate returns that beat inflation, generate income, offer liquidity and earn our client’s trust,” said Jenny Zhan, founder and CEO of Beyond International Group. “We’ll continue to keep our clients at the heart of everything we do, seeking out the best opportunities in any market to meet their financial objectives.”

The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.

“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”

Beyond Global Management is an alternative investment management firm focused on private credit collateralized by real estate assets. Founded in 2020, the firm is led by an executive team with over 100 years of combined investment experience across market cycles and expertise in managing multi-asset class, private credit, private equity, and real estate strategies. The firm was created to make professionally managed alternative investments accessible to a wide variety of investors and currently manages over $350 million in AUM, which include diverse, well-structured investments in real estate equity and credit. Beyond has offices in Irvine, CA, Houston, Canada, China and Hong Kong.

More about Inc. and the Inc. 5000

Methodology

Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.

About Inc.

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc. ’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

Alberto Fujimori, a former president of Peru who was convicted of human rights abuses, dies at 86

2024-09-13 00:29 Last Updated At：00:30

LIMA, Peru (AP) — Alberto Fujimori, whose decade-long presidency began with triumphs righting Peru’s economy and defeating a brutal insurgency only to end in autocratic excess that later sent him to prison, has died. He was 86.

His death Wednesday in the capital, Lima, was announced by his daughter, Keiko Fujimori, in a post on X.

Fujimori, who governed with an increasingly authoritarian hand in 1990-2000, was pardoned in December from his convictions for corruption and responsibility for the murder of 25 people. His daughter said in July that he was planning to run for Peru’s presidency for the fourth time in 2026.

The former university president and mathematics professor was the consummate political outsider when he emerged from obscurity to win Peru’s 1990 election over writer Mario Vargas Llosa. Over a tumultuous political career, he repeatedly made risky, go-for-broke decisions that alternately earned him adoration and reproach.

He took over a country ravaged by runaway inflation and guerrilla violence, mending the economy with bold actions including mass privatizations of state industries. Defeating fanatical Shining Path rebels took a little longer but also won him broad-based support.

His presidency, however, collapsed just as dramatically.

After briefly shutting down Congress and elbowing himself into a controversial third term, he fled the country in disgrace in 2000 when leaked videotapes showed his spy chief, Vladimiro Montesinos, bribing lawmakers. The president went to Japan, the land of his parents, and famously faxed in his resignation.

He stunned supporters and foes alike five years later when he landed in neighboring Chile, where he was arrested and then extradited to Peru. He had hoped to run for Peru’s presidency in 2006, but instead wound up in court facing charges of abuse of power.

The high-stakes political gambler would lose miserably. He became the first former president in the world to be tried and convicted in his own country for human rights violations. He was not found to have personally ordered the 25 death-squad killings for which he was convicted, but he was deemed responsible because the crimes were committed in his government’s name.

His 25-year sentence did not stop Fujimori from seeking political revindication, which he planned from a prison built in a police academy on the outskirts of Lima, the capital.

His congresswoman daughter Keiko tried in 2011 to restore the family dynasty by running for the presidency but was narrowly defeated in a runoff. She ran again in 2016 and 2021, when she lost by just 44,000 votes after a campaign in which she promised to free her father.

“After a long battle with cancer, our father, Alberto Fujimori, has just departed to meet the Lord," she said on X Wednesday. "We ask those who loved him to accompany us with a prayer for the eternal rest of his soul.”

Fujimori’s presidency was, in fact, a brash display of outright authoritarianism, known locally as “caudillismo,” in a region shakily stepping away from dictatorships toward democracy.

He is survived by his four children. The oldest, Keiko, became first lady in 1996 when his father divorced his mother, Susana Higuchi, in a bitter battle in which she accused Fujimori of having her tortured. The youngest child, Kenji, was elected a congressman.

Fujimori was born July 28, 1938, Peruvian Independence Day, and his immigrant parents picked cotton until they could open a tailor’s shop in downtown Lima.

He earned a degree in agricultural engineering in 1956, and then studied in France and the United States, where he received a graduate degree in mathematics from the University of Wisconsin in 1972.

In 1984 he became rector of the Agricultural University in Lima, and six years later, he ran for president without ever having held political office, billing himself as a clean alternative to Peru’s corrupt, discredited political class.

He soared from 6% in the polls a month before the 1990 election to finish second out of nine in the balloting. He went on to beat Vargas Llosa in a runoff.

The victory, he later said, came from the same frustration that fueled the Shining Path.

“My government is the product of rejection, of being fed up with Peru because of the frivolity, corruption and nonfunctioning of the traditional political class and the bureaucracy,” he said.

Once in office, Fujimori’s tough talk and hands-on style at first won him only plaudits, as car bombings still ripped through the capital and annual inflation approached 8,000 percent.

He applied the same economic shock therapy that Vargas Llosa had advocated but he had argued against in the campaign.

Privatizing state-owned industries, Fujimori slashed public spending and attracted record foreign investment.

Known affectionately as “El chino,” due to his Asian ancestry, Fujimori often donned peasant garb to visit jungle Indigenous communities and highland farmers, while delivering electricity and drinking water to dirt-poor villages. That distinguished him from the patrician, white politicians who typically lacked his commoner’s touch.

Fujimori also gave Peru’s security forces free rein to take on the Shining Path.

In September 1992, police captured rebel leader Abimael Guzmán. Deservedly or not, Fujimori took credit.

Taking power just years after much of the region had shed dictatorships, the former university professor ultimately represented a step back. He developed a growing taste for power and resorted to increasingly anti-democratic means to amass more of it.

In April 1992, he shut down Congress and the courts, accusing them of shackling his efforts to defeat the Shining Path and spur economic reforms.

International pressure forced him to call elections for an assembly to replace the Congress. The new legislative body, dominated by his supporters, changed Peru’s constitution to allow the president to serve two consecutive five-year terms. Fujimori was swept back into office in 1995, after a brief border war with Ecuador, in an election landslide.

Human rights advocates at home and abroad blasted him for pushing through a general amnesty law forgiving human rights abuses committed by security forces during Peru’s “anti-subversive” campaign between 1980 and 1995.

The conflict would claim nearly 70,000 lives, a truth commission found, with the military responsible for more than a third of the deaths. Journalists and businessmen were kidnapped, students disappeared and at least 2,000 highland peasant women were forcibly sterilized.

In 1996, Fujimori’s majority bloc in Congress put him on the path for a third term when it approved a law that determined his first five years as president didn’t count because the new constitution was not yet in place when he was elected.

A year later, Fujimori’s Congress fired three Constitutional Tribunal judges who tried to overturn the legislation, and his foes accused him of imposing a democratically elected dictatorship.

By then, almost daily revelations were showing the monumental scale of corruption around Fujimori. About 1,500 people connected to his government were prosecuted on corruption and other charges, including eight former Cabinet ministers, three former military commanders, an attorney general and a former chief of the Supreme Court.

The accusations against Fujimori led to years of legal wrangling. In December, Peru’s Constitutional Court ruled in favor of a humanitarian pardon granted to Fujimori on Christmas Eve in 2017 by then-President Pablo Kuczynski. Wearing a face mask and getting supplemental oxygen, Fujimori walked out of the prison door and got in a sport utility vehicle driven by his daughter-in-law.

The last time he was seen in public was on Sept. 4, leaving a private hospital in a wheelchair. He told the press that he had undergone a CT scan and when asked if his presidential candidacy was still going ahead, he smiled and said “We’ll see, we’ll see.”

Frank Bajak, the principal writer of this obituary, retired from The Associated Press in 2024. Associated Press writer Regina Garcia Cano in Mexico City contributed.