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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
News

News

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.

(Graphic: Business Wire)

(Graphic: Business Wire)

ROME (AP) — Human rights groups voiced outrage Wednesday after Italy released a Libyan warlord on a technicality, after he was arrested on a warrant from the International Criminal Court accusing him of war crimes and crimes against humanity.

The Hague-based court, for its part, issued a more diplomatic response but its anger appeared evident. In a stern statement late Wednesday, the ICC reminded Italy that it is obliged to “cooperate fully” with its prosecutions and said it was still awaiting information about what exactly Rome had done.

The reaction came after the Italian government on Tuesday released and sent back home Ossama Anjiem, also known as Ossama al-Masri, who heads the Tripoli branch of the Reform and Rehabilitation Institution, a notorious network of detention centers run by the government-backed Special Defense Force.

Al-Masri had been arrested Sunday in Turin, where he reportedly had attended the Juventus-Milan soccer match the night before. The ICC warrant, dated the day before, accused al-Masri of war crimes and crimes against humanity committed in the Mitiga prison in Libya starting in 2015 that are punishable with life in prison.

The ICC said he was accused of murder, torture, rape and sexual violence. It said the warrant was transmitted to member states on Saturday, including Italy, and that the court had also provided real-time information that he had entered Europe.

The court said it had reminded Italy at the time to contact it “without delay” if it ran into any problems cooperating with the warrant.

But Rome’s court of appeals ordered al-Masri freed Tuesday, and he was sent back to Libya aboard an aircraft of the Italian secret services, because of what the appeals court said was a procedural error in his arrest. The ruling said Justice Minister Carlo Nordio should have been informed ahead of time, since the justice ministry handles all relations with the ICC.

The ICC said it had not been given prior notice of the Rome court's decision, as required, and “is seeking, and is yet to obtain, verification from the authorities on the steps reportedly taken.”

Al-Masri returned to Tripoli late Tuesday, received at the Mitiga airport by supporters who celebrated his release, according to local media. Footage circulated online showed dozens of young men chanting and carrying what appeared to be al-Masri on their shoulders.

“This is a stunning blow to victims, survivors and international justice and a missed opportunity to break the cycle of impunity in Libya,” said Amnesty International’s Esther Major, deputy director of research for Europe.

Nordio appeared in the Senate on Wednesday for a previously-scheduled briefing, and was grilled by outraged opposition lawmakers who demanded clarity about what happened. Former Premier Matteo Renzi accused the right-wing government of hypocrisy given its stated crackdown on human traffickers.

“But when a trafficker whom the International Criminal Court tells us is a dangerous criminal lands on your table, it’s not like you chase him down, you brought him home to Libya with a plane of the Italian secret services,” said Renzi of the Italia Viva party. “Either you’ve gone crazy or this is the image of a hypocritical, indecent government.”

The Democratic Party demanded Premier Giorgia Meloni respond specifically to parliament about the case, saying it raised “grave questions” given the known abuses in Libyan prisons for which al-Masri is accused. Nordio didn't respond.

Italy has close ties to the internationally recognized government in Tripoli, on whom it relies to patrol its coasts and prevent waves of migrants from leaving. Any trial in The Hague of al-Masri could bring unwanted attention to Italy’s migration policies and its support of the Libyan coast guard, which it has financed to prevent migrants from leaving.

Human rights groups have documented gross abuses in the Libyan detention facilities where migrants are kept, and have accused Italy of being complicit in their mistreatment.

Two humanitarian groups, Mediterranea Saving Humans and Refugees in Libya, which have documented abuses committed against migrants in Libyan detention facilities, said they were incredulous that Italy let al-Masri go.

David Yambio, a 27-year-old from South Sudan who said he was abused by al-Masri while he was detained at the Mitiga prison in 2019-2020, said he felt betrayed by Italy. Yambio, who eventually escaped from the prison and arrived in Italy on a smuggler’s boat in 2022, said he had a “fleeting feeling of justice” when he heard that al-Masri had been arrested in Turin.

“Those who waited long before me, the Libyans who are victims of his criminal network, his war crimes, have been wanting for this day to come,” said Yambio, who received asylum and now lives in Modena and runs his Refugees in Libya advocacy group. “But when it came, it was immediately extinguished hours before it could even truly be felt in our hearts.”

But Tarik Lamloum, a Libyan activist working with the Belaady Organization for Human Rights which focuses on migrants in Libya, said Italy’s release of al-Masri was expected. He said his release shows the power of militias who control the flow of migrants to Europe through Libya’s shores.

“Tripoli militias are able to pressure (Italy) because they control the migrants file,” he told The Associated Press.

Militias in western Libya are part of the official state forces tasked with intercepting migrants at sea, including in the EU-trained coast guard. They also run state detention centers, where abuses of migrants are common.

As a result, militias — some of them led by warlords the U.N. has sanctioned for abuses — benefit from millions in funds the European Union gives to Libya to stop the migrant flow to Europe.

The European Commission spokesman reaffirmed all EU members had pledged to cooperate with the court.

“We respect the court’s impartiality and we are fully attached to international criminal justice to combat impunity," said EU commission spokesman Anouar El Anouni. In a 2023 summit, the EU leaders committed “to cooperate fully with the court, including rapid execution of any pending arrests,” he added.

Magdy reported from Cairo. Paolo Santalucia in Rome and Molly Quell in The Hague contributed.

FILE - View of the ICC, the International Criminal Court, in The Hague, Netherlands, Monday, Sept. 16, 2024. (AP Photo/Peter Dejong, File)

FILE - View of the ICC, the International Criminal Court, in The Hague, Netherlands, Monday, Sept. 16, 2024. (AP Photo/Peter Dejong, File)

Former Prime Minister Matteo Renzi makes his remarks during Justice Minister Carlo Nordio's appearance at the Senate for the report on the justice administration, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

Former Prime Minister Matteo Renzi makes his remarks during Justice Minister Carlo Nordio's appearance at the Senate for the report on the justice administration, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

Former Prime Minister Matteo Renzi makes his remarks during Justice Minister Carlo Nordio's appearance at the Senate for the report on the justice administration, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

Former Prime Minister Matteo Renzi makes his remarks during Justice Minister Carlo Nordio's appearance at the Senate for the report on the justice administration, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

Justice Minister Carlo Nordio addresses the Senate during the report on the justice administration, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

Justice Minister Carlo Nordio addresses the Senate during the report on the justice administration, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

Justice Minister Carlo Nordio puts his hand to his head during the presentation of the report on the justice administration, at the Senate, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

Justice Minister Carlo Nordio puts his hand to his head during the presentation of the report on the justice administration, at the Senate, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

Justice Minister Carlo Nordio addresses the Senate during the report on the justice administration, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

Justice Minister Carlo Nordio addresses the Senate during the report on the justice administration, in Rome, Wednesday, Jan. 22, 2025. (Roberto Monaldo//LaPresse via AP)

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