At times the success of other people may sound like a dream but also an inspiration in our lives. Peter Briger is a co-principal and chairman of the Fortress Investment Group. His continued success in his business career has motivated many and also given hope to young entrepreneurs. The Fortress Investment Group deals with the management of a wide range of assets majoring in serving the interests of both the company managers and those of the investors.
Mr. Briger attended Princeton University for his bachelor’s degree in Arts after his lower level studies. Later on, he joined the University of Pennsylvania where he mastered in Business Administration. He is even among the leading funders of the Princeton Alumni Entrepreneurs Fund (AEF), a contribution which supports the fresh graduates in working on their dreams after college.
Peter Briger has a great history of success in his leadership and professional career. His reputation on his leadership skills is admirable. He has worked with many companies in the managerial position to drive the companies into success before joining the Fortress Investment Group in 2002. Among these companies is the Goldman Sachs; he joined the company just after his university studies and utilized it in growing his financial skills.
His career in Fortress investment group
Being the chairman of the fortress investment group is his core job. His main duty in the company is overseeing the work performance of the employees in the company and also the valuation of the company investments. Peter Briger aims at the success of the company and therefore he does his best in ensuring all efforts are driven towards its victory. Even during the acquisition of the Fortress Investment Group by the soft bank, Peter Briger continued to offer his services to the company. His abilities in identifying potential business clients could not be resisted by the Soft Bank Company.
Peter Briger extends his generosity to the poor through constant contributions to various groups dealing with the eradication of poverty and offering education to the poor in the society. He also made contributions amounting to $600 million to Central Park in New York for its repairs and upkeep. Hard work most at times never goes unrewarded and has a business person your enterprise goals should be the main targets. From his remarkable success in his career, Mr. Briger is reported to be a billionaire owning assets worth $ 2.3 billion. This was after appearing on the Forbes list of the leading four hundred business persons in the world.
The billionaire founder of Softbank, Masayoshi Son, has now thrown himself into the world of hedge funds and private equity. The self-proclaimed creator of the ‘tech Berkshire Hathaway’ announced his $3.3 billion acquisition of Fortress Investment Group which is an alternative asset manager in the United States. The acquisition deal by the Japanese company comes at a time when Softbank is carving a distinct place in the global market as one of the largest investors. Softbank has traditionally focused on the internet business together with telecommunications. Softbank is also planning to launch $100 billion in technology funds. This will be a first in the history of the tech business. The $70 billion in under management assets together with the $8.08 per class-A share for Fortress represents a 38.6% premium to the stock closing prices. On Wednesday last week, Softbank shares rose by 0.7% in Tokyo. This was mainly in line with the wider market share. Fortress Investment group Shares increased to $6.21 which represented a 6.5% rise from the previous trading. The jump in the shares took place before the deal was made public.
Moreover, Fortress Investment Group shares would continue to rise to $7.78 which represented a 25.3 % increase in value in after-market trading. Mr. Son released a formal statement where he said that Fortress Investment professionals would work in collaboration with Softbank in a bid to make Fortress’ Vision Fund a success. The Vision Fund is headed by a former debt trader who worked for Fortress Investment Group before moving to Softbank. Rajeev Misra was born in India and joined Softbank in 2014 as the chief of strategic finance. The individuals who got involved in the six-week acquisition of Fortress Investment Group said that it underlined Mr. Son’s ambition and vision. The Softbank’s founder has said that he is going to acquire a second and even a third fund that will follow the Vision Fund.
The Fund now has the backing of Foxconn from Taiwan, Oracle, Apple and the sovereign wealth fund from Saudi Arabia. Fortress Investment Group has people with a wider range of skills and expertise in many different industries. However, the tech industry has not been the main niche where Fortress has decided to make investments. The company mainly invests in senior living, private equity investments in consumer finance, the media sector, transport, real estate among other ventures. The $3 billion sale price is a far cry from what Fortress Investment group was valued at in February 2007 when it came into the limelight. The fortress became the first private equity group to go public at the peak of a buyout boom which had been leveraged. Fortress Investment Group was valued at $7.4 billion by its initial public offering. However, the company’s value inflated by more than 100% to over $14 billion just minutes after its debut in the stock market. Fortune’s assets did not recover from the last financial crisis as did many of the other alternative asset managers. Fortune Investment Group’s significant hedge funds suffered customer outflows and losses that led to its closure in 2015.
The 2018 midterm elections are coming up with a powerful amount of energy. This energy has led to more work and campaign fund raising on the part of End Citizens United. End Citizens United is a political action committee that is dedicated to trying to reverse the controversial and widely viewed s corrupt Citizens United decision. This decision protects corporations a if they have the same rights as citizens. This protection allows corporations to donate as much special interest money to campaigns as the corporate board chooses to force candidates to vote in the favor of the corporation of the owners of the corporation. End Citizens United have chosen to support candidates that are set on not taking special interest money and want to reverse the Citizens United decision decision.
For the 2018 midterm elections, End Citizens United has endorsed a number of candidates to be focuses for their donation collecting and to bring down the Big Money 20 List. The Big 20 is a goal of ECU. The Big 20 is a list the ECU employees put together. It is a list of the 20 current public servants in office who are bought off by special interest campaign money. The ECU endorsed candidates are listed in full on the political action committee’s website. The recent endorsed candidates include four new candidates in Illinois: Sean Casten, Betsy Londrigan, Brad Schneider, and Lauren Underwood. Richard Ojeda from West Virginia and Aftab Dureval from Ohio were also recently endorsed by ECU.
The political action committee ECU is expecting to raise $35 million in grassroots donations for the candidates they have endorsed in the 2018 midterms. So far they have raised $4 million for the midterms since the start of this year. Those in favor of ridding political system of big money may donate to ECU on their website. The average donation is $14. You may also support ECU by purchasing from their shop. Their shop has various shirts, mugs, buttons, and magnets.
Penny stocks are a much different kind of stock you can buy because they aren’t typically listed on major exchanges like the NYSE. You also have to be careful because many fraudsters try to lure people into buying penny stocks that are crashing in order to make a quick buck. But while there are many traps in the penny stock world, there are legitimate penny stocks out there that while risky could actually earn you a fortune. Agora Financial, a newsletter publication company has information about them that their new author, Tim Sykes writes about.
Sykes is a little different than most other authors at Agora Financial in that he didn’t really have a career on Wall Street as much as he was an outsider who became self-taught at day trading. He would later start his own hedge fund but then became an independent blogger and decided to travel around and teach other people about independent investing. But he still is passionate about penny stocks and helps his Agora Financial readers find good ones through his current newsletters which can be found on the company website.
So why is Agora Financial a newsletter company you should pay attention to? They have been proven to be reliable over the years covering financial situations around the world and predicting events before most other mainstream media news sources have. Their parent company, The Agora Inc. is where their newsletters have originated from with their first one, “Strategic Investment” hitting circulation around 1984. But since then they’ve become a huge source for unconventional news and advice that has helped many middle class investors in ways that most other publications won’t.
Agora Financial is able to get the stories others won’t because they have investigative teams out in the field getting in live data. They were among the first to see events such as the dot-com bubble, the rise in gold of 2003, the collapse of Bear Stearns and Lehman Brothers, the recession of 2008 and the stock market boom of 2017. They publish both premium and free newsletters that are easy to signup for, and you can also follow them on Facebook and Twitter.
Equities First Holdings is a financial company that is recognized as a leader in the lending industry. Equities First Holdings has been actively in business since 2002. Every since the company opened, they have never had ties with the government. Since Equities First Holdings is in several countries, not have ties with the government is a huge benefit for the company. Equities First Holdings has offices located in South Africa, the Untied Kingdom, Hong Kong, and many other locations as well.
One of Equities First Holdings’ most successful office locations is in London. Within a period of five years, Equities First Holdings’ London location has distributed more than $45 million dollars in completed transactions at the location. In addition, Equities First Holdings also has been experiencing tons of success at their other locations. This has encouraged Equities First Holdings to peruse opening more locations throughout the world.
Newark has become home to the first market-rate high project for a period of 50 years. The building will consist of 21 stories and 126 rental units. The project has been constructed along the River at the heart of Newark. There was excitement during the topping off the building and everybody present termed it as “Shaq Towers”. This is a major development project in Newark and it is expected to provide more affordable housing solution in the area.
The project is the latest done by Boraie Development in Newark in conjunction with former NBA player Shaquille O’Neal. The ceremony brought together a host of dignitaries including Governor Phil Murphy, O’Neal, Ras Baraka the Mayor of Newark together with developers Omar Boraie and Wasseem. Wasseem Boraie applauded the project terming it a great milestone for the city and a perfect example as to why private and the public sectors must join hands to develop urban centers. “This project would not have been possible without the cooperation of Newark City”, said Wasseem Boraie. “The way we have worked with the mayor and his people has demonstrated that a lot can be achieved if people of the same mindset decide to work together. For More Information you can visit statetheatrenj.org
Newark governor on his part said that the project was a great milestone for the city of Newark. “This is a very special day for the city and the people of Newark, It is a sign that Newark is on the rise and investors have a lot of confidence in us,” said Murphy. “As I have been saying even during my campaign as governor and up to now, Newark is going to be a great place to be and as Newark grows so does New Jersey” he added
Next for Boraie in Newark: 35-story project
On Tuesday afternoon Boraie Development together with Shaquille O’Neal announced that they would soon launch their next project for Newark. They said that the next project would be a 35-story building at the heart of the City on McCarter highway. You can visit re-nj.com
According to the Vice President of Boraie Development Mr. Wasseem Boraie, the project will consist of 350 units which will represent an additional investment of $150 million into the city. He said that the project is already in the pipeline and they are hoping that everything will be in place by 2019. O’Neal, on the other hand, commented saying that the collaboration between the city mayor and private developers has been instrumental in promoting investment in Newark.