Fortress Investment Group is planning to raise funds for corporate lending under SoftBank group Corp Ownership. The firm is currently preparing to build about two billion dollars which are to be used for the direct loan. The firm which is based in New York also has plans to raise over 5 billion dollars for its fifth flagship credit opportunity fund which it last did in 2015. The raising of these funds will mark its newest chapter since it became the first United States private equity firm to be delisted after it was sold for a whopping 3.3 billion dollars in 2017. The firm has put forward new faces as it recently promoted Drew McKnight and Josh Pack to work as managing partners.
Its principal Peter Briger leads the Fortress investment group. Mr. Briger also is the co-chairman of the company’s board of directors. Peter has served as a Fortress member in the board of directors since late 2006. He was elected the Co-chairman in the year 2009 and has been in the management committee since March 2002. Mr. Briger is also in charge of the credit and real estate business at Fortress Investment Group. Before joining fortress in the year 2002, he had spent over fifteen years at Goldman, Sachs & Co. there he becomes a partner in the fall of 1996. Peter Briger is also on the board of Caliber Schools which is a group of charter schools that are dedicated to preparing their students for success in the four competitive years of college and also beyond that. Peter Briger has a B.A from Princeton University and also has a Master’s in Business Administration from the Wharton School Of Business at the University of Pennsylvania.
Briger has also served as a board member of the Princeton University Investment Company (PRINCO). He also funded the professorship at Princeton which is now held by Bryan Grenfell of ecology and evolutionary biology and the Woodrow Wilson School. Briger is also on the board of advisors of Center for a New American Security since the year 2017. In the year 2012, Peter Briger was also named an advisory board member in CNBC. Meet Pete Briger: A Titan in the Investment and Finance World
Glen Wakeman is an incredibly successful entrepreneur who is passionate about self-improvement in the creation of profitable businesses (https://email@example.com). In his drive to create profitable businesses, he utilizes a proven method that assesses five important aspects of performance. These aspects of performance are leadership, human capital, execution, risk management, and governance. Leadership is the capacity to prepare the company for change. Human capital is the alignment of vision strategy and tactics within the company. Execution is the integration process of both technology and people within the company. Risk management is the minimization of potential disruptions. Governance is the enabling of constructive dissent that will help the company grow.
Today Glen Wakeman works with entrepreneurs who are in the startup phase of the company’s through his company LaunchPad Holdings. LaunchPad Holdings offers online business planning services and helps individuals with digital marketing in order to reach a potential client base.
In his own life, Glen Wakeman worked with GE capital in various leadership roles for the company over a period of 20 years. During this time he helped the company create over nine separate operations from the ground up and is responsible for helping to generate over $2 billion in revenue. He originally completed his education by receiving his MBA from the University of Chicago.
When asked about what was the inspiration for his company LaunchPad Holdings Glen Wakeman responded that he had a desire to help give individuals with great ideas the funding that they needed in order to launch their ideas. Over his life, he had seen innumerable individuals with great ideas that continue to fail. He looked into this and realized that it was because these good ideas had a lack of structure. He believes that if he was able to create a simple software platform that he would be able to help entrepreneurs launch their business plans successfully.
In order to bring ideas to life, Glen Wakeman believes that it is important to explain your ideas to others. Sometimes whenever you are explaining an idea to someone, you will realize that it is not as good as he thought, however occasionally you will strike gold and realize that you are on to something.