Peter Briger Propels Fortress Investment Group to Higher Global Recognition

Since its establishment in 1998, Fortress Investment Group has been a pacesetter in the alternative asset management industry. In fact, it was the first private firm to trade publicly in New York Stock Exchange when it held its Initial Public Offer (IPO) in 2007.

Currently, Fortress Investment Group takes care of $43 billion worth of assets covering more than 1700 investors. The asset manager specializes in permanent capital vehicles, private equity, and hedge fund. Additionally, the New York-based company has employed close to 1000 staffs.

At the helm of leadership of the company are three principles, New York-based Wes Edens and Randal Nardone and Peter Briger who is based in San Francisco.

Visit Bloomberg to know more about Peter Briger.

Company History

Fortress Investment Group was founded by three principles: Randal Nardone, Wes Edens, and the retired Rob Kauffman. Together, the trio brought with them years of experience in the financial industry having held prestigious positions in Goldman Sachs, Lehman Brother, UBS, and BlackRock Financial Management.

The first decade of Fortress’s existence culminated into its IPO. By 2006, the company had experienced tremendous growth having launched the Fortress Investment Fund #1 with four versions of it. Digitally, online users had a chance to explore the Fortress Partner’s Fund, the Drawbridge Special Opportunities Fund, as well as Fortress Brookdale Investment Fund.

In 2002, the company added two new principles: Michael Novogratz and Peter Briger both from the Goldman Sachs. Peter Briger brought on board a deep understanding of the market and his Asian ties.

About Peter Briger

  1. Briger is a principle and co-Chair of the Board of Directors of Fortress Investment Group. He assumed membership in the board since 2006, but the appointment as the co-Chair came in 2009. The appointment comes after Briger had served in the company’s management committee since 2002.

At the company, Mr. Briger is responsible for the Credit and Real Estate division of the company. Prior to his affiliation to Fortress, Peter Briger had served in Goldman & Sachs Co. for 15 years, and within that period, he was able to become a partner in 1996.

Also, Briger holds membership in the Board of Governors of Tipping Point, a non-profit establishment caring for poor families in San Francisco. He also sits in the board of Caliber Schools and is the chair of the Investment Committee for US Soccer.

Learn more: https://www.bizjournals.com/newyork/potmsearch/detail/submission/6455147/Peter_Briger

Eucatex Leader Flavio Malf’s History in the Family Business

Flavio Maluf has a had a thirty year career in Eucatex building his way up from a small-time wood trader into the president and CEO of this worldwide organization. Instead of living his entire life without having to work, and riding off of the coattails of his family, which he very well could have done, Flavio instead decided to tighten up his bootstraps and get to work learning the business from all sides and from the ground up. He actually learned the trading side / exports, and the industrial / production side between 1987 and 1996 before he was invited by his uncle to join the corporate board and become acquainted with the business dealings of the company. Nearly ten years later, Flavio’s passion for the environment and sustainability earned him a spot as the CEO with a fresh new face for the company. Connect with Flavio Maluf by visiting his linkedin account.

It wasn’t always this way, though. In 1965 the “Sawmill Americano” in Sao Paulo, Brazil, was owned by Flavio’s grandfather Salim. They were exporting 100 tons a day of wood at that point, and just starting to enter the Brazillian market. Sustainability was at the forefront of production initially, and they had the single largest sawmill in South America. Fastforwarding to 2010 and beyond, and Eucatex has had their sustainably harvested products in The Home Depot as the first company to provide certified renewable wood to the chain. This was back in 2001, and now the company offers an array of Eucalyptus-infused products. From vinly flooring and siding, to acoustic board and insulation, paint and varnish, MDF board, and everything in between, Eucatex has their feet heavily planted in the sustainable wood market.

On top of this, they cooperate fully with the Brazilian government in order to better provide jobs to areas which are more in need of them, in exchange for a corporate tax subsidy. So on top of a win-win for the people and Eucatex, the company is selling certified sustainably-harvested and renewable wood to the world.

Visit: http://www.barbacenaonline.com.br/noticia/saude/flavio-maluf-e-o-novo-diretor-da-santa-casa-de-barbacena

 

Stream Energy’s Corporate Philanthropy

Stream Energy based in Dallas created a philanthropy foundation known as the Stream Care responsible in helping the vulnerable group in society. During the aftermath of Hurricane Harvey, the stream care foundation was on the forefront in helping to rebuild home for the victims. They partnered with the Hope Supply Co. to ensure that those people who lost their homes, families, and pets have a place to call home. The company used revenue earned from energy sales to fund the recovery process. Corporate responsibility is the backbone of the company’s principle reason why the company launched its charity foundation. The philanthropic activities are conducted throughout Texas and the entire country.

The Hurricane Harvey efforts by the firm were one of their display that showed how the company is committed to leveraging charity and philanthropy around the country. They maintained that their essential brand is customer oriented and giving back to society. The Stream Care Foundation focuses on assisting the needy by supporting local charities as well as communities. The Stream Energy enjoys a double advantage by launching a separate philanthropy arm. The foundations enable the company to concentrate in giving back to the community and at the same time gaining the respect and loyalty of prospective customers and the public.

The company has continued to enhance and build a long-term relationship with employees, potential clients, corporate relationship, Red Cross and Habitat for Humanity. Workers at Stream Energy have been synchronized to help support the company’s philanthropic track records. Stream Energy business model aligns with corporate service delivery to its customers. They sell their energy and pay up to build a network of loyal customers by their associate. The organization work to deliver several products and services such as mobile phone plans and fixed-rate energy. Moreover, they provide telemedicine, clean energy and virtual doctors to society.

 

Associate enjoys working at organization because they earn a commission on sales of energy as they work as business owners and individual entrepreneur. The associate is also encouraged to support the charitable cause of the company passionately. Stream Energy focuses more on the homeless people as they keep the record of the number of homeless individuals in Dallas.

https://en.wikipedia.org/wiki/Stream_Energy

Harry Harrison and His Reflection On His Role at Barclay’s Non-Core

Harry Harrison is an individual who has always been on a mission. Whether he was working in investment and trading at Barclays or finishing up his final position in the Non-Core department of Barclays, he has always desired to do nothing but his best work. Although he was only involved in Non-Core from 2014 to 2017 before he retired, he was proud of the fact he was responsible for winding down $110 billion worth of businesses his bank no longer wanted to be involved in. Even though now he is retired and is enjoying his time off, he still endeavors to make his day as productive as possible.

First of all, Harry Harrison has loved being a stay-at-home dad. Although it’s a far cry from his early days of being responsible for securities that were worth billions of dollars, Harry Harrison has found that he garners just as much enjoyment from arranging playdates for his 5 and 8 year-old children as he did manning the phones for Barclays Bank. As a stay-at-home dad, if there is one thing he can count on it would be the immense variety of his life. He realizes that he will be responsible for field trips, helping with homework assignments, helping with upset stomachs and just generally being there for his children on a daily basis. Of course, he does other things to stay active as well.

These would include trying new things, such as yoga and pilates. He also is proud of the fact he is trying to get better at golf and French, albeit he feels he hasn’t necessarily been that successful at either of these endeavors. However, he also has done his share of consulting work with entrepreneurs, including his wife. At the present time, his spouse has regularly held retreats at a mountain villa in France. Moreover, he knows that many individuals can glean from his early experiences.

Naturally, Harry Harrison stays busy educating younger individuals in the financial world about bringing ideas to life. One of the things he continually preaches in this vein would be to always have the right combination. He feels that diversity, collaboration and humility can go a long way in marketing a new idea. Mr. Harrison also believes that the best way to be successful and organized as an entrepreneur would be to tackle things as they come. Unfortunately, a lot of individuals will comprise long to-do lists and then invariably never get down the list. Thus, this is one way that Harrison combats this problem. Even though he is retired now, he would also advise his younger self to not only set goals, but to enjoy the journey as well. The fact that he continues to encourage everyone about the potential of fintech adjacency was also enlightening as well. All in all, it was a very productive interview with Harry Harrison.

The Legacy of DAMAC Owner Hussain Sajwani

DAMAC owner Hussain Sajwani is an individual who worked his way up into the position of wealth he finds himself in today. He grew up alongside his father who was an entrepreneur for a local shop. This greatly inspired his future path. Hussain Sajwani went on to study in the United States, return home to start a catering business, and later create a real estate company. During a recent article with Bitsy Link, he describes how he obtained such success.

Starting with DAMAC itself, Hussain Sajwani designed the company to compliment the forward thinking ideals of the region. He wanted to tap into the developing real estate market. His successful ventures have allowed him to expand operations further across the region, and abroad into Europe. However, his number one focus will always be developing the Dubai area. He envisions what the landscape will look like 10, or even 20, years and acts on that passion. Hussain Sajwani is well aware of possible mis-steps along the way or a global economic downturn, but he keep looking ahead to the next project.

According to albayan.ae, within DAMAC’s daily operations center, Hussain Sajwani boasts having over 77 nationalities represented in the decision making process. He has developed team building techniques that allow for each member to contribute something to the overall project. The employees are encouraged to live healthy lives and feel free to speak their minds. DAMAC owner Hussain Sajwani is well aware of the common team pitfalls, and is determined to avoid those issues.

Each and every day DAMAC owner Hussain Sajwani is pushing the company further ahead. His daily activities range from working with clients, to visiting locations, and doing personal relations work. Unlike many of his peers, Hussain Sajwani is a strong supporter of social media. It gives him the ability to connect with individuals like never before. The most effective way to remain relevant is by connecting with an audience. The DAMAC brand is only as good as its clients believe it to be.

Additional info: https://hussainsajwani.com/ar/

Matthew Fleeger Bio

Matthew Fleeger, a dignitary in the oil and gas industry, is a businessman of many successes. Before acquiring said success, Fleeger jumped through the obligatory hoops that all industrious entrepreneurs do. While attending Southern Methodist University, Fleeger amassed sufficient knowledge on finance and marketing. After graduating, Fleeger was poised for success. Fleeger’s father, the successful owner of an oil and gas company, served as Fleeger’s inspiration as he plunged into business pursuits. Fueled by his enterprise and ambition, Fleeger ventured into the business world with his entrepreneurialism in tow.

For seven years, Fleeger hopped from job to job in the hopes of obtaining substantial experience in his domain. Given his sheer brilliance and leadership skills, Fleeger excelled in executive roles. While he assumed some entry-level positions, Fleeger rapidly ascended through the ranks. Though numerous Texas-based companies were champing at the bit to bring Fleeger on board, he eventually decided to work for Gulf Coast Western, his family’s business. Fleeger’s stint at Gulf Coast Western proved rewarding, but his entrepreneurial leanings inspired him to embark on his own endeavor. In 1993, Fleeger founded MedSolutions, a company responsible for the disposal, treatment, and management of medical wastes.

While at the helm, Fleeger led MedSolutions to industry success. Over the course of 14 years, Fleeger held the title of CEO, president, and director. Come 2007, Fleeger was approached by Stericycle, an organization keen to acquire MedSolutions. After some tough negotiating, Fleeger sold MedSolutions for $59 million. When Fleeger parted ways with MedSolutions, a job at Gulf Coast Western was waiting for him. His experience as a founder, CEO, and master negotiator made Fleeger the perfect candidate for President of Gulf Coast Western, a position he still holds. From budding entrepreneur to renowned tycoon, Fleeger’s coming-of-age story truly inspires.