A Peek into the Successful Career of Peter Briger, a Co-Principal at Fortress Investment Group

Peter Briger is an entrepreneurial bigwig, having worked his way to become one of the top 400 successful entrepreneurs in Forbes. Since coming into the financial market and the investment world, Pete Briger has proved himself to be a capable leader and an enthusiastic professional.Currently, he is a principal as well as the Co-Chair of the Board of Directors of the Fortress Investment Group, a global asset management company with virtually $41,4 billion of assets under its management. The company manages more than 1,750 companies and individual investors all over the world across the real estate and credit sectors, private equity as well as capital investment tactics.

Headquartered in New York, the company was founded in 1998 as a privately-owned private equity company. Since its founding, the asset manager has been a trendsetter; something that was mentioned when the company opens its doors to the public during its Initial Public Offer (IPO) on the New Yoke Stock Exchange. Currently, the firm has employed 900 staffs.Peter Briger sits as a principal alongside two other co-principals: Wes Eden and New York’s Randal Nardone.

Career Before Fortress Investment Group

Before becoming a member of Fortress Investment Group, Peter Briger had spent almost two decades working with Goldman, Sachs & Co. In 1996, Pete became a partner. While at Goldman Sachs, he sat in several committees. These include Global Control and Compliance Committee and the Asian Management Committee. Also, he also sat in the Japan Executive Committee. To stretch his leadership portfolio, he served various leadership roles including the Special Opportunity Fund LLC (Asia), Asian Real Estate Private Equity trade, the Asian Distress Debt sector, the Fixed Income Capital Investment Group, and the Whole Loan Sales and Trading environment.Peter Briger joined the company in 2002 and became a member of Fortress’s Management Committee.

He created and now oversees operations in the Fortress Credit division. The department employs 300 staffs and focuses on undervalued or distressed assets and illiquid credit businesses.Aside from Fortress, Mr. Briger also extends his leadership role to other organization under the financial context. For instance, he is a member of the Board of Directors of the Princeton University. He also advocates for conservancy, having supported the Central Park Conservancy among other institutions.He is a holder of a Bachelor’s Degree in Arts and is also a Master in Business Administration from Pennsylvania State University’s Wharton School of Business.

 

The Many Jobs of Ryan Seacrest

Before he started the world’s most recognizable reality TV family and before he became the most recognizable television host in America, Ryan Seacrest was a teenager in Georgia pursuing his already well-established dream of a career in radio broadcasting. This passion would stick with Ryan long after he arrived in Los Angeles in 1993 and continues to this day, most notably in his number one radio show as well as his highly important philanthropic work with children.

After arriving in California, Ryan Seacrest began working as a television host and built a steady career and reputation in the industry. In 2002, he began hosting what would become the global phenomenon that is American Idol. At the time, Ryan didn’t know that this would be the launching pad of his enormous career in the media industry and American Idol would become a show that he would continue to be involved in over 10 years later. Although judges and networks have come and gone on American Idol, Ryan Seacrest (@ryanseacrest) became the most consistent presence on the show.

When Ryan Seacrest isn’t hosting American Idol, he also hosts his number one nationally syndicated radio show, On Air with Ryan which is broadcast from Los Angeles. He also co-hosts the hit morning talk show on ABC, Live with Kelly and Ryan which is taped in New York City.

Although all these duties keeps Ryan’s schedule jam packed, he still makes time for one of his most important projects, The Ryan Seacrest Foundation. Ryan created the foundation out of his love of radio broadcasting and his desire to help children battling illnesses. The Ryan Seacrest Foundation builds media studios within pediatric hospitals so that children who rarely get the opportunity to leave the hospital are able to have a creative outlet. So far The Ryan Seacrest Foundation has opened studios in 10 different cities across the United States with plans to keep on expanding.

More info: https://www.forbes.com/profile/ryan-seacrest/

Steve Ritchie Reaches Out To Clients

Steve Ritchie has spent 22 productive years offering his services to Papa John’s. He ascended to the top leadership a few months ago and has already done enough to keep the pizza company ahead of their competitors. He recently had to stand up against racism and did so with great elegance.

In a letter addressed to their clients, he penned down a heartfelt apology while castigating racist remarks. Steve Ritchie was also keen to distance his employers from such talk. He made it clear that the firm neither appreciates nor condones racist language. Insensitive remarks that offend the public were also added to this category.

He clearly understands the pain that such remarks can have on the recipients. The consequences are not pleasant either.

Close to 120,000 individuals earn a livelihood from the businesses of the firm. They are distributed all over the world and serve in both the franchise and corporate setting. Steve Ritchie attributed the excellent services of the firm to these employees.

Steve Ritchie pointed out a few measures the company intended to put in place to curb racism within their ranks. The first step would be a comprehensive audit. There is nothing unusual about leading companies conducting financial audits. Cultural audits on the other hand are not commonplace. It requires a lot of courage from the top managers. Papa John’s had every intention of carrying out the latter.

According to Bloomberg, their inclusivity and how well they embrace diversity were some of the aspects the external auditors would look into. Steve Ritchie believes that the report will inform their next course of action. They would work to improve their culture by building on their strengths. On the other hand, they would do everything in their power to deal with the weaknesses.

They were on a mission to restore trust and were willing to do all it takes to achieve that. The letter also mentioned that the employees on the ground would play a pivotal role in getting things in order. The managers would rely heavily on their feedback.

His closing remarks appreciated their client’s loyalty while affirming their desire to offer only the very best services. As a leader, Steve Ritchie understood that the buck stopped with him. It was a bold move which ensures that the loyal clients will keep coming for pizza. To know more about his apology letter, visit their website.

Reference: https://insiderlouisville.com/tag/steve-ritchie/

Jim Larkin Helped Make Union Opportunities Better

For Jim Larkin, the point of creating different things is so he can help other people get the same options he had. He wanted other people to realize he was doing the best job possible and that’s how he made sure he could provide positive experiences for everyone in the industry.

Jim Larkin was a revolutionary in his time and that’s what led to him making the most out different situations for union workers. Before he started showing people what they could get from the union, they believed the union was not a good opportunity for them. Read more: James Larkin | Biography and James Larkin | Wikipedia

Jim Larkin wanted to change their minds so they had someone who cared about what they were doing. He also felt it was his job to make sure he could continue helping people see what they needed to get from different situations. Learn more about Jim Larkin: http://www.bbc.co.uk/history/british/easterrising/profiles/po08.shtml

Based on the work Jim Larkin did with the union and the things he used to make sure the union had all the support it needed, Jim Larkin felt he was making things better.

He didn’t worry about issues that could happen when too many industries joined the union or what it would be like if he didn’t have the chance to actually help other people with union opportunities.

Jim Larkin always felt it was his responsibility to make sure people saw the union in a positive light. He also felt there were things he could do that would make everything better for those who wanted to join the union and be a big part of it.

No matter how hard Larkin had to work or what he had to do to make these changes, he felt he was responsible for coming up with new opportunities the union could use. It was his goal to cater to people so they had someone who knew what they were doing.

Jim Larkin felt he could get more people to join the union by making sure it was enticing. He showed them the benefits and that made it easier for people who wanted to join and have a better time in the jobs they had to do.

The Success of DAMAC properties Under Hussain Sajwani’s Leadership

Hussain Sajwani is the founder, president, and chairman of the DAMAC Properties, a global property development company. After graduating from the University of Washington, he joined GASCO as a contracts manager. GASCO is a subsidiary of the Abu Dhabi National Oil Company. After a short period at the company, the DAMAC owner decided to start a catering business.

Over the years, the catering business has grown exponentially, currently handling more than 200 projects. It serves over 150,000 people across the world. Its primary clients are educational institutions, army camps, construction campsites, offshore locations, and hotels. The business also offers ancillary services such as workforce supply and camp management.

The growth of DAMAC

According to aliqtisadi.com, the skills, entrepreneurial spirit and vision of Hussain Sajwani are the primary drivers in the growth of DAMAC. He is listed in the top 100 most influential Arabs around the world. When Dubai started the property market expansion in the mid-90s, Hussain Sajwani was one of the lead investors in the property market. He built several hotels that accommodated visitors who came looking for investment opportunities in Dubai. The DAMAC owner saw growth opportunities in the property market and founded DAMAC Properties in 2002. Today, it is one of the largest property firms in the Middle East. DAMAC has expanded its interests beyond Dubai and built properties across major cities that include Beirut, Abu Dhabi, Muscat, Riyadh, London, and Jeddah. The company is listed at the Dubai Financial Market. Over the period it has been in existence, DAMAC Properties has built over 20,800 units and has other over 44,000 units under construction.

DAMAC’s hospitality division

The DAMAC owner has joined forces with some of the world’s biggest brands to bring in innovative living concepts around the world. Some of the most recognizable brands and projects include a Tiger Woods-designed golf course under the management of the Trump Organization, Bugatti styled luxury villas, Italian Versace Home styled luxury apartment interiors, Fendi Casa, and Just Cavalli. DAMAC Properties started a hospitality division in 2011 called the DAMAC Hotels and Resorts. The new division provides bespoke services to its clients with over 13,000 hotel apartments and serviced hotel rooms. It effectively transformed the firm to be the largest hotel apartment operator in the region.

Full article: http://www.alkhaleej.ae/home/print/a922472b-3d18-4d8e-80b8-4c95e68a97f2/e3460e25-311e-4fc2-8db8-533c97bed4a0

Stream Energy Introduces New Philanthropy Enterprise

Stream Energy is a thriving and dominant enterprise in the marketing industry that is successful and grossed more than $7 billion in profit back in 2005. The company renders home amenities, wireless, security services to specific states compatible with the services offered. Today, Stream is one of the leading resources in the sales business that has a distinctive business structure and employs a team of qualified executives that is there to add to the growth within in the company.

The growth has enabled Stream Energy to enhance and feature new services, like universal wireless plans, virtual MD, digital voice mail and more. Another highlight is the service is not only perfect; for home or business, but you can even take, it on the go if need be.

Stream Introduces New Philanthropy Enterprise and Lends A Helping Hand

On March 5, 2018, Stream Energy appeared in a post on the Dallas Patch that highlighted the company’s new philanthropy enterprise Stream Care. The company has a good reputation for giving back to its community or just lending a helping hand. They are one of the first companies to give a helping hand to Hurricane Harvey and assist their consumers through financial hardship.

Stream has also been aiming on a new project to reduce or eliminate homeless concerns in Dallas and recently collaborated with the Hope Supply company. Also aiming for the continuance on supporting homeless youth and contributing in supplying school tools and clothes. In addition, at a former social gathering event more than 700 Texas youth residents was awarded a free pass and free lunch while at the gathering event.

Partners of Stream Energy

As a subsidiary of Habitat for Humanity, Stream Energy assist families develop and create new homes as well restore existing houses. Habitat for humanity renders useful services for volunteer personnel and cost-effective finance housing. Families who participate in restoration or help in any sort in the development of homes will receive credit applied to the mortgages given. Red Cross also a subsidiary of Stream is a company that offers emergency support for families who experienced a disaster relief, lack of education and financial hardship.

https://www.pinterest.com/MichelleRfaunce/my-stream-by-stream-energy/

Vinod Gupta $100 bank loan

Vinod Gupta was born in India. He is known for taking a $100 bank loan into a company that eventually sold for $680 million dollars. Gupta graduated college from University of Nebraska and shortly after his idea of Everest Group was formed. He decided that there was a demand for business to business information. From there he developed and implemented methods that started database technology. Vinod Gupta made a point that having a great idea will become obsolete if there is no market need for it. Gupta used the $100 he borrowed and sent out market mailers which advertised his database services. Within 20 years, his company was valued at $500 million dollars and with the continued growth the company then became valued at $680 million dollars which is when he sold it. Now Gupta is the CEO of Everest Group which provides venture capital, private equity, and consulting services. He has also given back in terms of education by providing educational opportunities for those who would need assistance. He is responsible for building schools in India as well as providing funding for his alma mater. Also Gupta donated $1 million dollars to develop a women’s polytechnic school located in India. This school allowed independent women in India to obtain a postgraduate degree in as little as 24 months. Some areas of study include textile design, computer applications, information technology, and web design. Gupta has donated over $50 million dollars over the last two decades. This shows that helping others is truly what he inspires to do.

More on Vinod Gupta:

http://weeklyopinion.com/2018/06/vinod-gupta-invests-womens-education/

https://twitter.com/VinodGuptaInvst

GLEN WAKEMAN’S WALK OF SUCCESS

Glen Wakeman is the current Chief Executive Officer and the co-founder of LaunchPad Holdings which is a SAAS corporation that was established in 2015. Wakeman has a successful background in several areas concerning the business industry. He is also a known investor and mentor to a lot of upcoming businesspersons in the world. Other than this, Glen is regarded as a Financial Services Executive who has had a lot of significant and successful business endeavors. Glen is passionate about mentoring others as he is involved in the provision of guidance to companies that are just starting and development of M&As as well as new performance methodologies. Glen Wakeman is also the founder of Nova Four. As a chief executive officer, Glen is responsible for roles including board duties and CEO coaching roles.

Glen was successful in the establishment of a stand-alone United States operation worth 2.7 US billion dollars in Puerto Rico headquarters.

In addition to this, Glen has a 20-year experience with GE capital. Here he played vital roles in the overall management, development of business and operation management. As the CEO of GE Money Latin America, Glen successfully an operation comprised of 9 countries. This marked more than 2 billion dollars creating seventeen thousand employments. He also made a lot of partnerships with other organizations hence coming up with a lot of new products. This, in turn, expanded the network reaching to over one thousand branches (https://www.crunchbase.com/organization/launchpad-holdings-llc). In terms of his education, Glen Wakeman received his MBA from the University of Chicago. He also has a bachelor of science in Economics and Finance which he got from the University of Scranton. Other than this, Glen is a certified Six Sigma Black Belt.

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Lori Senecal – Evidence That Anyone Can Make it in the Business World

In the field of marketing, there is high competition and takes a strong person with the right strategies to become successful. These are attributes that Lori Senecal knows well and has exploited them to the maximum making her one of the most successful entrepreneurs in this field. She is a woman well known for her a robust personality and very knowledgeable in the world of marketing and advertising. She is the forerunner in coming up with groundbreaking techniques in advertising. Her specialization lies in high-tech resolutions that solve issues experienced in the business world. She is highly credible in advertising field which is something that made her secure a job at CP+B as the Global CEO.

Being right in communication is something that has helped her in being more productive by strategizing innovative approaches to establish solutions and grow the agency. Radical collaboration with talented people is also a force that has seen her become successful in the marketing world. She likes to consider the thoughts of other people of which she believes can end up hatching a great idea to make the business grow. Check out cpbgroup to know more.

Being a visionary leader and being focused on achieving is one thing that makes Lori Senecal productive as a Chief Executive Officer. No matter how great an idea can be, she believes its greatness can be felt and seen when it’s executed. That is why one should remain concentrated in their vision and ensure their plans are actualized. For more details visit Crunchbase.

Technologically, Lori Senecal is not left behind where she loves utility applications. This is something that can be understood as they facilitate how she conducts herself considering she operates globally. She is on social media sites like Twitter which gives her an overview of global occurrences and Instagram which helps her to capture memories as travel around the world.

Fear and distractions are things that she advises people venturing into the world of marketing to avoid by all means. She says everything can look more prominent and hard to achieve at first encounter but staying focused and being courageous can see one achieve great results beyond their expectations. Lori Senecal is evidence that anyone can make it in the business world.

Read more: https://www.bloomberg.com/research/stocks/people/person.asp?personId=24442630&privcapId=379819

SahmAdrangi shifts the focus of Kerrisdale Capital Management

SahmAdrangi published a brief piece recently which was called the NotherDynacity – The Pebble Deposit Isn’t Commercially Viable, it was aimed at moving the market at around 14th February. In fact, the work was loved by many, thanks to Sahm’s piece.

The Penn State graduate landed an internship at the Merrill Lynch’s credit desk in New York City over sheer hustle and networking. Because of his hard-working nature and “clickability,” Adrangi spent three more years at the trading on the bond desk at Merrill. While at Longacre- the then 4 3 billion hedge fund, Sahm parlayed the experienced he had acquired into a credit trading role. The duration he spent at Longacre parenthetically overlapped with the present Kerrisdale Capital Management founder.

The high cost of living the NYC made Sahm make a life choice to quit Wall Street in June 2015. Other reasons that contributed to his decision to leave Wall Street include the long working hours as well as the perception that things had changed such as the massive industry assets outflows. The seed capital Sahm made at the Wall Street would grant him the opportunity to generate a lot of income from the right securities. He has since developed a passion for investing, and he loves it so much, and that has made him obtain a lump sum amount of cash in his PA.

Adrangi worked at the Credit team for Paulson and Co.- the individual that made at least $6 billion shorting mortgage bonds after he had worked at the Longacre. At the Bowrey Investment Managemnt, LLC, he served a credit PM for the following three years.

Mr. Adrangi recently shifted focus on the Kerrisdale Capital Management. Although the firm shares research on a many of industries in addition to corporations, Sahm directed it to various specific segments in which Kerrisdale Capital Management has established great expertise. A significant sector of focus is the biotechnology sector, in addition to Kerrisdale’s published research on development stage companies that comprise of Unilife, Zafgen, Pulse Biosciences, Bavarian Nordic, Sage Therapeutics just to mention a few.

The mining sector is another area of focus.