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.