On the list of the strongest pillars behind the success of Fortress Investment Group, Peter Briger ranks at the top. He is the force that saw Fortress transform from being a private equity firm that it used to be, and became an alternative investment management firm that managed a variety of investment asset strategies for its customers. The customers of the company constitute of both institutional investors and individual clients. The other asset strategies that were introduced by Briger were permanent capital instruments, credit fund, hedge fund and real estate. This made the assets under management of Fortress Investment Group skyrocket in value within a short period.Peter Briger has a unique belief in education. He works so hard to liberate his community by funding education for children from the less fortunate families.
This has gone a long way in improving the lives of many families who could otherwise still be impoverished. Peter Briger believes that the only way that any community can liberate itself from poverty is by educating their young generation. This move has been taken in a lot of positivity by other community leaders in the quest for improving their standards of living and general productivity of the community. Having special expertise in the management of mergers and acquisition, Peter Briger oversaw the acquisition transactions that saw Fortress acquire the largest ski resort operator in Canada, Intrawest. Fortress Investment Group also acquired several other firms, a move that led to the significant increase of the company’s managed assets.
These firms included Penn National Gaming, Florida East Coast Industries, and the RailAmerica. Later in 2017, another transaction was done by Fortress Investment Group that saw the company acquired by a Japanese multinational corporation, SoftBank. This transaction was made on a cash basis whereby SoftBank spent a total of $3.3 billion. Following the acquisition transaction, all the outstanding shares that belonged to Fortress Investment Group were transferred to SoftBank and its legal subsidiaries. However, Fortress Group continued operating independently under the same leadership of its principals; Wes Edens, Randal Nardone, and Peter Briger. This transaction will see Fortress explore other economic sectors especially the telecommunication since it’s the main area of operation for SoftBank.
Randal Nardone is a self-made billionaire who co-founded Fortress Investment Group in 1998. He is the CEO (Chief Executive Officer) of the company. Randal Nardone is the Principal of Fortress Credit Corporation. Fortress Credit Corporation is a private equity company. He is the President of Ncs 1 LLC.In 2017, Forbes magazine ranked Randal Nardone as number 557 on their list of billionaires, worldwide. This status was accomplished by Nardone at the age of 51. He is a citizen of the United States of America and resides in New York, New York.Randal Nardone attended the University of Connecticut, where he studied Biology and English. He received his Bachelor of Arts degree in Biology and English. Nardone received his J.D. law degree from Boston University School of Law.
Nardone serves as the Director of Brookdale Senior Living. He served as the Executive Management on the New Residential Investment Corp, Director of Gagfah and Director of Springleaf Holdings.Fortress has a number of subsidiaries which includes FM Falstaff Advisors, Newcastle Investment Holdings, Eurocastle Investments and Springleaf REIT. Nardone holds various positions at these Fortress subsidiaries.Before Nardone co-founded Fortress Investment Group, he served at UBS as their managing director. At BlackRock Financial Management, he was their principal. At Thacher Proffitt and Wood law firm, Nardone was one of their partners. Since the inception of Fortress Investment Group, they have become successful and has been recognized worldwide for being an innovative company. The company has received many awards throughout the years. In 2010 and 2011, Fortress Investment Group were awarded the Credit-Focused Fund of the Year by Institutional Investor magazine.
In 2012, the company was awarded the Discretionary Macro-Focused Hedge Fund of the Year by Institutional Investor magazine. In 2014, Fortress was awarded the Management Firm of the Year by HFMWeek, a well-known journal in the field of alternative-investment. It is the desire of Randal Nardone to be understood as a hard worker in making Fortress Investment group a success. Having confidence in his skills, he wants the company to have a positive and enormous impact on their clients. It is the intention of Nardone for people to reap the benefits of becoming successful from the time and effort he put in his work at Fortress Investment Group. He is a big supporter of Fortress and the positive things the company is involved in. They can be depended upon as a source of encouragement to clients as well as employees.
As someone who knows a lot about helping others through investments, Peter Briger knows he has to make some changes to help other people. He also knows the company needs someone who can help them through the most difficult things in their business. He always knew how to help others and knew things would continue working for them if he had a chance to keep doing things the right way, but he knew he had to stay on the right track if he was going to continue helping people through the difficult parts of the business. Fortress Investment Group uses Peter as their principal and that helps him make the best choices.
Before Peter Briger worked with Fortress Investment Group, he knew there were things he could do to help people and things he could make a difference with. He also knew the industry would change as a direct result of everything he did with the company. It made sense for Briger and made it easier for him to try and do things the right way. There were many times when Briger had to continue showing people he was doing things right. No matter what, he felt good about the work he did and the things he came up with to help other people see what he was doing.
There were things that made Peter Briger see he was doing everything right. These things changed the way he did business and the way he made things work for Fortress Investment Group. They couldn’t work without him and that made things easier on him when choosing to stay with the company. He felt at home with Fortress Investment Group and chose to stay there despite any problems he had in the past. He always wanted people to realize he was doing things that would actually help him.
When customers work with Peter Briger, they’re getting someone who knows how to choose the right investments. Even though he’s the principal of the company, he knows how to help customers. He doesn’t ever stop helping them and continues showing them the right way to try different things. He makes it his goal to always give back and always give people the chances they need for success. He also feels like there’s a chance he can do things better as long as he knows what to do with other people. There were many times when he used this to help all his clients. Click here
Equities first holdings began its activities in Indianapolis, Indiana. The company’s Primary aim is to provide an alternative source of finance to peoples and business. Equities First Holdings Company was started by Sir Christy Jr. ho is the CEO of the company. They have been providing credits to their customers where they ask the refund with low-interest rates compared to other finance providers. Since the beginning of the company’s activities, they have completed over 700 transactions which are worth of over $1.4 billion this comes as an excellent performance of the company.
Due to the high performance of the company, they have extended their services to deferent parts of the world have offices in more than six countries. In Australia, they have a fully registered company under the rules of the nation. The company’s central office is based in Sydney they also operate other two satellite offices in Melbourne and Perth. Other countries where they have offices are; China, United States of America, United Kingdom, Singapore, Thailand and more. Equities First holdings Australia is working with Environmental clean technologies limited (ECT), An Australian Company where equities will be providing funds for the company’s projects in India. ECT is one of the many companies which is working with equities First holdings.