Peter Briger Is Principal of Fortress Investment Group And Has An Impressive Record In Finance

Peter Briger is the current Principal and Co-Chairman at Fortress Investment Group (FIG). Peter Briger also has a great track history of making important business deals on an international and also on a domestic scale. Peter Briger joined Fortress Investment Group in 2002. Not long after being hired by FIG, Briger took swift action by creating Fortress’ securities and real estate side of their business. Fortress Investment Group hired Peter Briger as both a Principal and Co-Chairman at the time that were mulling a move that did not focus on equities.

Peter Briger put together a team of staffers at FIG who were astute enough to raise almost 5 billion dollars for their new, Fortress Credit Opportunities Fund IV. Based on Briger’s experience in top areas of finance that Fortress Investment Group deemed was most important, Briger helped them yield some very big returns by working with many non-performing and assets categorized as troubled. The two asset classes were an important part of the long-term plan and strategy for Fortress Investment Group. Mr. Briger and Fortress made the timely decision to purchase these alternative and non-performing assets at a discount at the time the company purchased them.

Briger is in very high demand and a top company asset at FIG is because of his past knowledge and successes in different areas of finance. Mr. Briger is astute at knowing how to take financial risks that are calculated. Briger uses a strategy of purchasing many alternative assets at very cheap prices, then selling them back at a later time, when the markets are interested in buying specific assets back at a higher rate. Briger has had impeccable timing and a trusted record when making key moves regarding market rates and how they can benefit FIG.

But, Mr. Briger had a lot of experience in finance before being hired by FIG. Briger worked for over a decade at Goldman Sachs before making Partner at their firm in 1996. At Goldman Sachs, Briger had a seat on many committees. A few of these included the Asian Management Committee, the Japanese Executive Committee, and others.

Glen Wakeman Advice to Entrepreneur Regarding Truthfulness

Glen Wakeman is the chief executive officer and founder of LaunchPad Holding, LLC. Glen has over 20 years of familiarity transforming companies to a new height of success. Glen is determined to assist startup to start on the right path. As the CEO of LaunchPad Holding, he offers operational business design services to startups. Through these planning services, a startup can formulate clear business plan hence enabling them not to dwell so much on the product but the enterprise.

 

Glen Wakeman worked with GE Capital for 20 years and had an exceedingly prosperous track record. While working for GE Capital, Glen lived in six countries and effectively transformed companies with over $15 billion in assets and 17000 employees. Glen holds an MBA in finance from the University of Chicago.

 

Glen is obsessive about guiding other entrepreneurs and offers mentorship to senior management executive. He also often writes about international affairs, business conversion, leadership, and emerging markets. Through blog articles and mentorship, he offers viable advice on ways of raising capital and financing as well as other approaches that business people can implement to grow their firms.

 

In one of his blog posts, Glen advises the need to be truthful in times of business transformation. He cautions that changing management is a risky undertaking since the disruptions to business activities are usually driven by fear, which in turn can affect the business transition. When faced with an occurrence that is similar to the previous, it becomes easy to adjust and adapt faster.

 

Glen says that the truth can develop alignment. When everyone understands the direction, it becomes easy to row in a similar course. It is also easy for an individual to forego their time if they understand the reason. He says an entrepreneur should be truthful to strengthen employees hopes while recognizing the actual threats.

 

The truth also acts as a link for social exchange and negotiating. It becomes more comfortable to have faith in someone if you trust what they are saying. Companies are an association of accepted public contracts among people. An individual will not perform what you instruct as the manager if they do not have faith in you. Influencing entails exchanging of values at an individual level.