Peter Briger is the Principal and Co-Chairman of the Board of Directors at the Fortress Investment Group. The Group is a global investment giant that operates assets worth over $65 billion for both institutional and private investors. Peter Briger was elected as the co-chairman in 2009 and has served as a member of the Management Committee since 2002 when he joined.
Mr. Briger is a graduate of Arts at Princeton University and has an MBA from the University of Pennsylvania’s Wharton School of Business. He has built his reputation as a respectable businessman and professional after serving at Goldman Sachs, where he was a partner since 1996. During his tenure at Goldman Sachs, Peter Briger acquired several titles such as the Co-Head of the Fixed Income Principal Investments group, Asian Distressed Debt Business, and the Whole Loan Sales and Trading business. He was also a member of several committees such as the Japan Executive Committee, Asian Management Committee and the Global Control and Compliance Committee.
Fortress Investment Group has been a trendsetter since its establishment and was the first large-scale private equity firm to go public on the New York Stock Exchange in 2007. Today, the firm is a diversified global investment management firm that operates assets for more than 1750 investors in hedge funds and private equity. The group’s strengths include operations management, asset-based investing, corporate mergers and acquisitions, and capital markets. Peter Briger currently oversees the credit fund and real estate business for the group. His team has more than 300 people and looks into underrated assets and liquid credit investments.
Besides his work, Peter Briger also participates in philanthropic efforts. He has generously but discreetly contributed to charitable organizations that support education, eradication of poverty and, women empowerment. He also pioneered a youth empowerment program that seeks to fund young graduates who would wish to venture into business. Peter also participates in community efforts such as the Alumni Entrepreneurs Fund at Princeton University and also serves on the Board of Directors at the Princeton University Investment Company. He is also a member of the Silicon Valley Council for the Global Fund for Children.
While the United States may love the freedom of having their own personal vehicle, people in Asian and European countries have embraced train lines for years. Brightline, owned by Fortress Investment Group, is hoping to change the minds of people in the United States with their passenger rail projects. Fortress Investment Group recently acquired another train company, XpressWest, that was founded in 2009.
People make 50 million trips between Southern California and Las Vegas each year, according to the Brightline studies. This makes this route one of the busiest in the United States and the high-speed train line is developing a project between the 2 regions. Before this project, travelers could only make this commute by driving the congested highways or flying by plane. Driving the 270-mile long trip takes around 4 hours.
Fortress Investment Group knows that people are looking for different traveling options and are excited about providing them. The plans that Brightline has in the works for this projects isn’t simply a couple train station stops, there is also a wide array of additional benefits that the project will have have to offer. Nevada’s governor, Brian Sandoval, is excited about what the project could bring to his state and is in full support of it.
It will take a bit of time for the long-term benefits of the project by Fortress Investment Group to become apparent to everyone, but their investors can see the future with the route. The route will eventually have a good impact on the environment as it will create less pollution than other more traditional modes of travel. In addition, the rail line will provide many employment opportunities in the area as well with added shopping, restaurants, and the positions Brightline itself will create in the areas.
Brightline is changing the way the United States sees traveling. While many people believe that trains are a thing of the past, Fortress Investment Group hopes to bring them back to the present and the future. The passenger cars themselves will include food options, free wifi, and electronics charging stations. The experience will combine relaxation with commutes, something a car can’t offer.
Alex Hern is a San Diego-based serial entrepreneur. For over 25 years he has been building early stage ventures in the technology sector. Among the companies he has co-founded are Inktomi and Yesmail, both of which he was the director of. He also co-founded a military commercial tech firm where he the chairman of the board of directors and the chief executive officer. This company was backed by L-3 and Lockheed.
He is now at Tsunami which is a firm he co-founded that creates virtual reality and augmented reality services. He says that the computer industry is transitioning from one that is driven by the central processing unit (CPU) to one that is based on the graphical processing unit (GPU). Alex Hern says that this transition means that new software needs to be developed to take full advantage of the GPU. His company’s software is available for personal computers, tablets, and smartphones.
Alex Hern says that he spends four to five hours of each workday solely focused on one thing on his agenda that will advance his company. He says that a mistake far too many business people make is that they try to juggle multiple tasks at a time, known as multitasking. He says he has seen numerous studies that indicate the more you are trying to do at a time the worse you’re going to perform at each of them.
At Tsunami, Alex Hern is looking to incorporate machine learning and artificial intelligence into the world of AR and VR. He is also looking to use cloud-based computing in order to create artificial realities that are as close to the real thing as possible. What he won’t be adding into any of Tsunami’s services is social media as he regards it as a waste of time that distracts from real friends, family, and life.
Matt Badiali is a financial advisor in the natural resources sector and a geologist. He is currently the author and editor of the newsletter called Real Wealth Strategist published by Banyan Tree. Matt earned his bachelor’s degree in Sciences from the Penn State University. Soon after he graduated from the Florida Atlantic University with a masters in Geology, he continued to pursue higher studies. He enrolled for the Ph.D. programme in the University of North Carolina. Mid-way through his Ph.D., Matt got introduced to the finance sector and then there was no looking back. His unique financial strategies and vast knowledge of the intricate processes involved in the natural resource companies have consistently generated double-digit returns for his clients.
Matt Badiali recently shared a video describing the working of the latest and lucrative investment scheme called freedom checks. Unlike scams which are too good to be true, freedom checks is a scheme, currently offered by 568 companies who work on transportation, acquisition, refining, processing, and storage of natural resources. Matt, with his in-depth understanding of the scheme, believes that it is the way for the American investors to become independent in the natural resources sector. The recent fall of imports from the Middle East has proved to be beneficial for the natural resource companies on U.S. soil. The companies are projected to make payments amounting to $34.6 billion to its investors through the scheme of freedom checks in just one year.
All the 568 companies are called Master Limited Partnerships (MLP) as they donate 90 cents for every dollar earned to the investors on a monthly or a quarterly basis which is the only eligibility criteria to become an MLP. In the video, Matt Badiali explains that the payments made by the company to the investors on regular intervals of time are called freedom checks and can be deposited through the mail or directly wired to the trading accounts. According to Matt Badiali, the best perk of this scheme is that the profits are tax-free as they are considered as a return on capital. In the case of selling your investment in an MLP, the taxes are charged on the profits at a low capital gains rate.
Professional investor Paul Mampilly carefully follows the latest technology news for opportunities to make money. He is very interested in artificial intelligence, robotics, and the Internet of Things. Artificial intelligence is being used just about everywhere anymore. The ads you see online were selected for your viewing by an AI based on what you have recently shopped for online, such as at Amazon. Music apps will offer you suggestions based on what type of music you usually listen to. If you want to go on vacation there is AI that will suggest where to go and what to do once you’re there.
While some people think all of this artificial intelligence is a bit weird and scary, Paul Mampilly says that it’s actually pretty simple. He also regards it as harmless and very beneficial as it makes life easier. Businesses benefit from AI because it gives them a competitive edge against other companies in their industry. He says that companies that develop artificial intelligence or going to have their stocks skyrocket over the next decade and that is where investors should be looking for opportunities. At last year’s Total Wealth Symposium he let the audience in on three AI stock recommendations he had researched. That was 11 months ago and those three company’s stocks are now up 29 percent, 86 percent, and 145 percent.
Paul Mampilly says that the S&P 500 is about 16 percent during that time frame so investors could have made a lot more going with his recommendations instead of using an index fund following the S&P 500. He is also investing in companies that create robotics. He says that he has robotics in his own home such as the Nest Thermostat and a couple of drones. Robots are revolutionizing a number of industries including manufacturing, customer service, and hospitality. Paul Mampilly used to be a hedge fund manager before he decided to retire at age 42. Since he retired he still follows investments but now he does so for average people rather than the richest 1 percent. He writes Profits Unlimited which can be found through his publishing firm, Banyan Hill Publishing.
The release of The Chainsmokers latest single, “Side Effects” comes as the DJ duo has returned to their dance music roots after stepping far outside their comfort zone. In 2017, the release of “Closer” marked the start of a run of hits for the musical partners which saw new music released every six weeks from their debut album, “Memories… Do Not Open.”
Since this initial run of new music, The Chainsmokers have been working to define their image as they evolve into one of theworld’s most renowned dance music partnerships. The transition has seen them move from a DJ residency in a Las Vegas club to playing 20,000 seater arenas around the world. This has seen the duo divide their time between a live band and their DJ duties as they have explored exactly what their fans want from the duo for the future.
The Chainsmokers have never been shy of moving forward with their creativity after the current incarnation of the band was created from the ashes of a previous collaboration. Founding member, Alex Pall was involved in a collaboration with another DJ in New York City, which led to initial success before Andrew Taggart joined the duo to create the music he and Pall have taken to new heights for electronic dance music specialists.
To mark the release of “Side Effects” with long-time collaborator Emily Warren, The Chainsmokers played an intimate gig for friends and fans at the Hollywood Palladium. After spending so much time playing large arena’s, the duo explained they enjoyed the experience of a pressure-free environment filled with their biggest fans. The performance side of the duo is now more important than ever before with a drummer now a mainstay of their live shows and Taggart taking lead vocals on a regular basis. Both Alex Pall and Andrew Taggart have stepped out from behind the DJ booth to sing on their records which give the duo a major sense of ownership over their songs.
OSI Group has been a global powerhouse in the food industry for many years; having more than 20,000 employees across 17 countries, it’s easy to see that the company’s management has striven to keep their growing momentum since day one. Their global prowess has been attributed to its strong leadership, culture of excellence, and its long history of strategic business partnerships.
OSI Group’s modern chapter has continued to experience steady growth under the leadership of chief operating officer (COO) David McDonald, making them one of the world’s largest multi-billion dollar companies. Much like OSI Group, David McDonald had to start from square one in order to develop himself as one of the most influential forces in the company’s success. For over three decades, David McDonald had been rising through the company’s ranks from project manager to president through his rigorous work, and his passion for keeping customers a priority. His commitment for excellence had been present even before his involvement as a project manager, receiving accolades for his academic achievements at Iowa State University.
The recipe for the privately owned company’s success didn’t stop at McDonald’s leadership and work ethic, but also incorporated the company’s hardwired goal to stick to its roots and keep the company identity as a food distributor. Founded by Otto Kolschowsky, the company emerged as a meat market to cater to the ever expanding German migrant population in early 1900’s Chicago. Within a decade, the meat market had expanded into a wholesale food distributor and in 1928 was eventually re-branded as Otto and Sons.
OSI Group didn’t stagnate and remained a local distributor for the Chicago area, as the second generation of company owners looked for better avenues to expand the business. During the post WWII economic boom, Otto and Sons came into a deal with the ever-expanding McDonald’s fast food chain and was immediately catapulted as one of the most profitable food distributors in the world. Otto and Sons was able to use the McDonald’s brand’s innovation in franchising to to become the primary beef distributor for their franchises. This smart move on behalf of Otto and Sons eventually led to the company’s transition into the OSI Group global brand which we now recognize today.
For more than 100 years, OSI Group has continued to develop as one of the world’s best examples of the American dream and the will to win through unshakable perseverance.
Sahm Adrangi is an American investor, Principal, CIO, and the owner of Kerrisdale Capital Management Company. He went to the University of Yale, where he graduated with a degree in Economics. While still at Yale University, he gathered the necessary skills and profession which granted him every chance of diving deep into the banking experience. The most life-changing and significant breakthrough was the establishment of Kerrisdale Capital Management, a dream company he had always worked hard to attain.
How His Career Started
The career of Sahm Adrangi began when he joined the Dutch Bank, working as a credit manager and loan financing officer. After several years of experience, he moved on to work at Chanin Capital Partners, where he served as a Chief Credit Advisor and a Circumstance Restructuring Officer. He also spent many years in serving at Longacre Management Fund before he started to invest in banking sectors. He has been helping so much in immense contributions towards Kerrisdale Capital Management. Adding more to that point, he has done a lot, leading to financial donations including 100 million dollars for the company’s stability. The contribution recorded higher surpassing any other stock from various corporations’ shareholders.
Kerrisdale’s Performance Under Sahm Adrangi
Kerrisdale Capital Management is an investment company that was established in 2009 April, mainly to publish its research about other companies. Since the beginning of the company, Sahm has been the front-runner in the firm’s daily activities of ventures. The company was started with as little as 1 million dollars’ assets and currently, it manages more than 150 million dollars, beginning in July 2017. Sahm got his popularity when he shorted and revealed some fraudulent Chinese firms, which included China Marine Food Group and many more, alerting the Security and Exchange Commission to take action. With his extensive understanding of proper investment, Sahm Adrangi is famous for the publishing role helping investors to expand their businesses by themselves. He has also been heading numerous conferences as a speaker, including the Sohn Conference. Besides, he has attended in many interviews on Bloomberg, the New York Times, CBN and others.
Krishen Iyer has used his expert abilities in online marketing, technical development and client relations to get him through his tasks at Managed Benefits. He has lived in California in the Fresno area, as has been instrumental in the success of Quick Link Marketing. He has paved the way for the company to give extremely effective marketing solutions to clients by linking them up with lead-generation companies which can meet each client’s unique marketing needs.
How His Career Started
Krishen Iyer’s career has been groomed partly by his undying curiosity and focused state of mind. He was this way ages before he got with Quick Link Marketing. Those qualities helped him get through his days at Grossmont College and San Diego State University. At the second school he received his bachelor’s in public administration and urban development.
How Iyer Devotes His Time
Even though he has a crazy schedule working with Quick Link, he is able to put a bunch of his time into community service work. He consistently participates at parks helping with cleanups and he also assists with humanitarian efforts such as sponsoring children overseas and donating to Haiti relief.
How It All Started
The idea for Quick Link Marketing came from the acknowledgement of the need for the service. this type of company was lacking in the market. Iyer’s typical day consists of working with clients, technical development and marketing. He arranges his tasks the way his day will be most productive. In order to do this he places clients at the top of the day, that way the rest of his day is driven by client needs. Krishen Iyer believes communication is the way to bring ideas to life. He feels the best ideas come from several viewpoints from brainstorming about a single idea.
Randal Nardone is the CEO and co-founder of Fortress Investment Group, an investment management firm based in New York City. Mr. Nardone is number 557 on the world’s billionaire list according to Forbes. Formally a lawyer, Randal got his start in the financial world at Thacher Proffitt & Wood, and later at BlackRock Financial and UBS. In 1988, along side Wesley R. Edens and Rob Kauffman, he decided to start up Fortress. Going into it he knew that he would be faced with many challenges, including trying to compete with other firms. But because of his experience from dealing with clients in the past, Randal Nardone was confident that he would be able to succeed by implementing positive improvement ideas to help his company grow. As a result, the company has developed into brand that is known for the high quality services rendered to customers. To add to an already impressive resume, Randal Nardone has held and currently holds prominent positions on various boards. He is the Principal and Director of the Fortress Credit Corporation, President and Chairman of Springleaf Financial Holdings,LLC, Director of Eurocastle Investment Limited, Non Executive Director of Alea Group Holdings Bermuda Ltd., Director of Florida East Coast Holdings Corp., Director of Springleaf Finance, and Director of Springleag REIT Inc. Randall Nardone resembles a decorated colonel of finance.
SoftBank’s Purchase of Fortress
In December of 2017, SoftBank announced the completion of the acquisition of Fortress Investment Group for $3.3 billion. As a result, each outstanding Fortress Class A share was converted into the right to receive $8.08 per share, with merger proceeds to be distributed according to the merger agreement. Also, Fortress’ common stock has ceased trading and was taken off the list of the New York Stock Exchange.