Peter Briger: A Force to Reckon With In the World of Business

Peter Briger, current Principal and Co-Chairman of the Board of Directors at Fortress Investment Group San Francisco, CA is a business figure taking the world by a storm. Mr. Briger has had a long running career in business investment and finance, building his name as a fortress and asset in every company he has worked in.

Peter Briger first hit headlines while working with Goldman, Sachs & Co. And here, he served in different positions and contributed to many of the achievements of the company. He worked in the company for 15 years, eventually partnering with them in 1996. View Peter Briger’s profile at Equilar

While at the firm, he was assigned a number of very important leadership positions including being a co-head in groups like Whole Loan Sales and Trading business, Fixed Income Principle Investment Group, the Asian Distress Debt business, the Special Opportunities Fund LLC, (Asia), and the Asian Real Estate Private Equity business. He was also a member of the board for several committees like the Japan Executive Committee, Global Control and Compliance Committee and the Asian Management Committee.

Peter Briger carries his admirable work ethics to Fortress where he seats in the Management Committee. He joined the company in 2002 and has since steered growth in several areas. He created Fortress Credit business which has over 300 professionals who identify opportunities in illiquid and distressed credit investments and also focus on undervalued assets. Peter steers this group.

In addition to his achievements at Fortress, Peter Briger has also supported several organizations including Central Park Conservancy and the Princeton University Investment company where he is a member of the Board of Directors.

Peter is an alumni of Princeton University where he graduated with a BA. He is also a Master of Business Administration from University of Pennsylvania, Wharton School of Business. He has been able to make an impact on the community because of his extensive connections and networks. He works hard to maintain his good reputation in business and has a great relationship with customers.

Fortress Investment Group is an asset-based company that deals with a diverse range of asset types. The company, whose headquarter is in New York City, is well known for financing, owning, pricing and overseeing management of financial and physical assets.

Read more: https://en.wikipedia.org/wiki/Fortress_Investment_Group

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.

Visionary Flavio Maluf

One of the premier entrepreneurs in the world, Flavio Maluf, of Sao Paulo, Brazil, is the CEO and president of the Eucatex Group, a family owned corporation focusing on building supplies. The primary items the company works with includes: laminate and vinyl flooring, paints, baseboards, as well as furniture and toys.

Flavio Maluf is also president of the GrandFood group, the parent company of Premier Pet and Golden feeds. Flavio Maluf learned his executive business management lessons through work with Citigroup where he was employed before ascending to management within his father’s company as well as GrandFood.

Even though he is well educated in business and has a natural flair for leadership, Flavio Maluf attributes much of his success to the lessons regarding business from his father. As a leader in the family business, Flavio Maluf drives for helping to revitalize the economy of Brazil and inspire the construction industry, also pushing for environmental friendliness in the offered products from Eucatex. Read more about Flavio at terra.com

Flavio Maluf is a proven philanthropist as well. His belief in charity is expressed through his donations to Sao Paulo foundations and health care initiatives within the country side of Brazil, where poverty is abundant and jobs are scarce.

Born into a politically and wealthy family, Flavio Maluf has never lost sight of the dedication to help people through more than just financial donations. He makes jobs available in the Sao Paulo area, employing people and giving them an income stream to rebuild their lives. With the building industry, he is able to provide housing for the homeless and poor, as well as business structures for corporations needing new facilities to expand their baselines and offer employment.

Flavio Maluf has proven through successful ventures that business and leadership mixed with humanity is a powerful synergy, helping all those who surround him.

Learn more: https://www.mundodomarketing.com.br/noticias-corporativas/conteudo/108970/conheca-com-flavio-maluf-algumas-dicas-para-administrar-uma-empresa-familiar

Talos Energy, Through a Merger with Stone Energy, Will be Able to Pursue more Goals

Talos Energy is an oil drilling company that recently merged with Stone Energy. The result was increased, growth, production, and synergy. The merger has been in the works for months, and as of May 10, the deal is official.

“This is a transformational combination,” said Timothy Duncan, the CEO of Talos Energy. “Shareholders will greatly beenfit from out increased scale and liquidity.”

Talos Energy has an expansive portfolio, and with the merger of Stone Energy, they have enabled themselves to further pursue these ventures. Talos Enegy is still focusing on the Gulf of Mexico; however, the increased capital will enable them to seek other opportunities without sacrificing production value in Mexico’s Gulf.

“We deeply appreciate the efforts of everyone involved in getting us to this point,” said Duncan.

Talos Energy has set themselves up to be one of the premier E&Ps in the entire Gulf. They already have a portfolio worth nearly $2.5 billion dollars, and the deal with Stone Energy will only enable them to grow further. Now, including the land owned by Stone Energy, Talos energy has a total of 1.2 million combined acres.

 About Talos Energy

Founded in 2012 by Timothy Duncan, Talos Energy has grown to become on of the most prominent oil drillers in the Gulf of Mexico. Specializing in purchasing unexplored areas of the Gulf, Talos was able to benefit from a formation which is believed to house 1.4 billion to 2 billion barrels of crude oil. It is estimated that 425 million barrels of this oil will be able to be extracted from the sea.

Along with Timothy Duncan, Gregory A. Beard, Neal P. Goldman, Charles M. Sledge and many other well-educated businessmen make up the Board of Directors at Talos Energy.

After the merger, the investors of Talos Energy remained in majority control of the company; however, the people over at Stone Energy are benefiting from the merger as well.

GreenSky an Innovator in Fintech

About GreenSky  

GreenSky  was founded in 2006 as a financial technology company in Atlanta, GA. David Zalik is the co-founder and chief executive officer, and Gerry Benjamin is the vice chairman. The president and chief risk officer is Tim Kaliban. They have a $2 billion lending project with Fifth Third Bancorp and are a profitable company.

They offer loans to merchants and retailers in the home improvement, solar and healthcare industries. They also give loans to merchants that sell furniture, window replacement, aluminum siding and roofing. GreenSky  has reliable funding sources that come from federally-insured and state-chartered financial institutions. They also provide technology to banks and merchants to offer loans to customers.

The GreenSky  Approval Process

Contractors promote this service to homeowners that have exceptional credit and FICO scores that want to have their homes remodeled. Once a homeowner opts for this unsecured loan, phone representatives reach out to follow up with payments. There are more than 17,000 contractors that market these loans to qualified consumers. Although the company is doing well financially, some consumers do default on their loans.

GreenSky  Finance

Although this company is not well-known in the fintech market, they collaborate with trusted banks such as Regions Financial Corp. and SunTrust Banks. They extend credit cards to larger companies with in-depth projects and fixed-period and fixed-rate cards too. Even though GreenSky is a technology company, they have a lending program that is SSAE 16 Type II compliant.

Currently, GreenSky has filed for an IPO with the Securities & Exchange Commission because they have been valued at $5 billion. This information can be found on the Forbes website. They began as a startup company and are now considered one of the largest financial technology companies in the United States. Instead of refusing to work with banks, GreenSky has developed relationships with them.

https://portal.greenskycredit.com/merchantloanapplication

OSI Industries Blueprint of Success

There are copious amounts of successful companies in the world, and these companies span across multiple sectors. The food service industry is no exception to the rule. OSI Industries, an Illinois-based food processor, is the epitome of a successful company. This food processor is very dynamic in a multitude of ways. You won’t be able to find a food processor that can handle every aspect of the business processing, sourcing, development and management. If there are companies that provide these services, then they won’t be able provide the services as efficiently as OSI.

Acquisitions can breathe new life into a business, especially if the company can make the best acquisition that fits its personal needs. OSI Industries has mastered the acquisition process much more effectively than its competition. OSI doesn’t go after an acquisition just to remove it from the competitors list. This company has a plan for everything that it does. This is the case with many of its acquired businesses. Did you know that OSI Industries has acquired stake in numerous popular businesses such as Tyson Foods? Yes, this is 100 percent accurate. Tyson’s top product is its chicken wings and OSI supplies Tyson Foods with the actual chicken. This phenomenal food processor has purchased one of Tyson’s South Side Chicago plants. It is estimated that OSI spent over $7 million in the process. As the old saying goes, “you have to spend money to make money.”

So, how does a company provide excellent distribution services? In the case of OSI Industries, this company has built an enormous food supply chain. This supply chain actually stretches over thousands of miles, and it flows through an extensive list of countries. Thanks to the company having so many physical facilities, it can distribute the products much faster than the average food processor. This is how OSI Industries has taken full-control of the game, but who knows how much farther the company can actually go?

The Real Real Growth Model

The RealReal is a popular online website that gained notoriety because of selling expensive designer goods that are second hand. Now, the second hand website would like to raise more capital to expand their business. Julie Wainwright is the founder and CEO of the RealReal and has big plans for her company. Her big plans begin with raising another 100 million dollars before an IPO occurs. Insiders believe that the reasoning behind raising new capital is due to the fact that the company only appeals to private investors. It will take more time and capital to draw the interest of the public investor.

Major Market

The fact is that the second hand market for luxury or designer goods is growing. Certainly, the RealReal private investors are aware of this fact and probably anticipate that the growth will lead to a great return on their initial investments with the company. Furthermore, they are assuming that the RealReal will corner the market in selling the second hand luxury goods.

Consignment Shop Model

Here is something that is interesting to note. The RealReal using the consignment shop business model to sell their designer goods. The seller supplies the high ticket item to the RealReal. The company places the item on their website for sale. The company and the seller share the profits, which involves about 50 to 60 percent going to the seller.

The RealReal

The RealReal is basically an online consignment shop. The founder of the company is Julie Wainwright. The company has about 800 employees and valuation offices based in San Francisco, New York, L.A., Chicago, and Washington, D.C. which allow the seller to have face to face negotiations with a representative of the RealReal. Julie Wainwright, the founder of the company also has plans to open several brick and mortar stores across the country. She is planning for the first brick and mortar store to open in New York City. Many luxury brand companies are now viewing the RealReal in a very positive way because they’ve brought more attention to their luxury brand items and driven up their sales too.”