Category Archives: Financial Assistance

Peter Briger A Natural Leader With The Future at Heart

Peter Briger A Natural Leader With The Future at Heart

With various leadership positions that he has held or currently holding, Peter Briger is a natural leader and big name in the cooperate world. His academic credentials include a Bachelors of Arts from Princeton University and a master’s in Business Administration from Wharton School of Business in the University of Penn. He has served in many leadership positions in many organizations like Goldman, Sachs & Co, International Finance Cooperation, and Linktone Ltd among others.Peter Briger currently is a co-Chief Executive Officer, a member of the board and a principal at Fortress Investment Group. Fortress Investment Company is a company that has for over two decades made a name for itself in managing investments for its clients. It manages assets, mitigates risk and maximizes the benefits for clients.

Vital among its successes in investment plans is the leadership in which Peter Briger is a crucial member. He is hugely involved with the Credit business side of the organization.Employees are working for Fortress rate highly working for the company. They have praised the environment that allows Interns to learn as quickly as possible and learn the culture and traditions of the company with ease. The employees further have lauded the leadership team for their efforts to ensure the employees are compensated fairly and on time. Moreover, the employees are proud of the intensity with which the results are sought for the benefits of the clients.After the maiden entry of Wall Street to the cryptocurrency business –Bitcoin – Peter acknowledged how strategic the move was. According to him, the future of cryptocurrencies like Bitcoin was the future of the financial industry.

That the interaction was just but the first step for the better financial market.Peter Briger recognizes that part of being a leader is helping the next set of leaders grow. He, therefore, supports the Global Fund for Children. This supports the children in their search for education and prepares them for the future leadership. Besides, together with two other alumni of the Princeton University, he supports the alumni of Princeton School of business by providing funds for their start-up companies and provides the advice and consultation for the Princeton Entrepreneurship Advisory Committee.Peter has set himself apart as an icon in the cooperate world. He also continually focuses energies on learning and finding better solutions for challenges to solve client issues. He has cultivated a winner mentality and a heart of building the next leaders.

Fortress Investment Group Growth Oriented Private Equity Firm

Making the right investments at the right time can make a lot of difference in the long-term. The financial markets are volatile, and it is essential to make investments before the time runs out. When it comes to managing millions and billions for large institutional clients, there is a need for investment managers with financial expertise and knowledge of asset and investment management. In the United States, one of the most prominent investment management firms is Fortress Investment Group. Established in 1998, the Fortress Investment Group manages assets and investments for nearly 1,750 institutional clients and private investors amounting to over $70 billion. The assets under management of Fortress Investment Group have been consistently increasing as it continues to expand its horizon and base in different countries. In 2007, Fortress Investment Group launched itself in NYSE, and at the time of its launch, Fortress Investment Group was the only equity firm to be publicly traded in the United States.

Fortress Investment Group believes in performance and results and has a team of qualified and experienced finance professionals who ensure that the clients get what they are looking for. With the increasing presence in the financial markets of Fortress Investment Group in the past few years, many other business giants were eyeing to take over the company. Recently, Softbank Group Corp of Japan purchased Fortress Investment Group for $3.3 Billion, and as per the deal, all the shares of Fortress Investment Group are now owned by Softbank Group Corp. The acquisition of Fortress Investment Group by Softbank would also allow the company to provide its services in many other countries in the Asia Pacific region, where it didn’t have presence till yet. One of the services for which Fortress Investment Group is known for is its alternative assets management. The Fortress Investment Group does intensive research in the field of alternative assets to help the clients find new avenues of profitable investments before these investment options enter the mainstream financial markets.

Fortress Investment Group was also involved in the Winter 2010 Olympics in Canada and almost had to halt the games to retrieve the debt the state of Vancouver owed to the company indirectly. The Fortress Investment Group was funding the Millennium Development Group that was constructing Olympic Village and other associated infrastructure, but due to the budget and financial constraint led by 2008 economic recession, further financing was not possible for Fortress Investment Group. It led to Fortress Investment Group denying additional financing, which forced the City of Vancouver to take over a load of nearly $450 Million (CAD) to ensure that the Olympics continue as planned. Fortress Investment Group revived well from the economic recession and is now amongst the most profitable and high performing investment managers in the world. It is also one of the top private equity firms to work for as per the many reviews left by the employees online. The company provides the employees with many perks and incentives as well as the flexibility to stay creative and focused at the same time.

[Top]

Michael Lacey and Jim Larkin Point To Duterte Death Squads

Philippine President, Rodrigo Duterte has been tightening his controversial fight against local and international drug traffickers, leading to thousands dead, and human rights violations continue to grow. Michael Lacey and Jim Larkin of the Frontera Fund say the majority of the victims have been petty criminals, instead of the drug masterminds they claim to be after.

President Duterte has admitted that security forces kill people in the name of the fight against drug-related crime, and nearly 400 local suspected drug dealers have been murdered. Larkin and Lacey question if these security forces have turned into death squads. Learn more about Jim Larkin and Michael Lacey: http://www.azcentral.com/story/news/politics/immigration/2014/12/16/proceeds-arpaio-suit-fund-asu-journalism-chair/20480479/

Organizations such as Amnesty International have accused President Duterte and his security forces of massive human rights violations, but Duterte says he will not allow the U.S. and European Union to intimidate him. 72-year old Duterte says, “I am old and do not fear going to jail or going to hell; I will cut off the heads of any opponents.” Larkin and Lacey both warn of the erosion of human rights, and point out that rationale is seriously threatened.

Dutertes sharpest critics include the European Union, which threatened among other things, a stop of duty-free imports from the Philippines. According to recent data from the Philippine government, the European Union is the largest and fastest growing exporter of the Philippines since the first quarter of 2017. Currently two-thirds of Philippine categories of EU import duties are exempt.

The EU and China both have offered aid to help with programs to hinder international drug trades, but Duterte turned down any support. The Philippine Finance Ministry has recommended not to accept any other financial assistance in the future if the aid is contingent on to the interference. Michael and Larkin say Duterte is steamrolling any human right protections the Philippine citizens may have.

Eradicating drug dealers was part of Dutertes campaign promises, among other things, and he was elected by a large majority. These are the harsh realities the Frontera Fund fights against. The fund distributes grants to organizations that help strengthen communities that fight to end abuse. Four years ago, Michael Lacey and Jim Larkin founded the Frontera Fund.

After winning a $3.7 million dollar settlement, against Maricopa County, Arizona, Larkin and Lacey allocated the money for the Hispanic community, focusing on their civil rights issues. Today, the Frontera Fund helps various organizations mobilize public opinion, and fight against human and civil right abuses

[Top]