How Peter Briger Successfully Invests At Fortress Investment Group

A graduate of Princeton University and the University of Pennsylvania, Wharton School of Business, Peter Briger has been working in the financial industry since 1987. He spent the first half of his professional career at Goldman Sachs and the latter half at Fortress Investment Group. Since 2002, he has been a principal at Fortress and is also now the co-chairman of the board.

He heads the private credit group at Fortress as well as its real estate group. Working out of his office in San Francisco, Peter Briger investment specialty is scooping up distressed debt that other investors are looking to sell. He has been successful at this throughout his career but especially so in the wake of the Great Recession.

The 2009 recession was largely caused by the banking industry overextending itself and making terrible financial decisions. Due to this, the U.S. House and Senate acted by passing the Dodd-Frank regulatory reform legislation. This legislation was passed to prevent banks from investing too much into risky assets and having it blow up the global economy again.

Peter Briger says that due to this legislation his business has largely become a “financial services garbage collection” task. He buys the distressed debt banks have to sell in order to comply with this legislation and its requirement to have large capital reserves to ensure against the risky assets on their books, known as underperforming or risky illiquid assets.

He buys this debt at a huge discount and holds onto it until it has greatly increased in value. He then sells it off to other investors and has a huge payday. This type of investing requires someone with a keen understanding on what they’re doing like Peter Briger otherwise the likely result is it blowing up in the investor’s face. SoftBank’s Big Fortress Takeover Is A Bet On Infrastructure, Senior Housing And Mortgages

He is engaged in the broader community in several ways. Peter Briger serves as an investor and mentor for the Princeton Entrepreneurship Council where he helps budding entrepreneurs develop new businesses. He is also on the board of advisors for CNAS (Center For New American Security) and has a seat on the board of the San Francisco nonprofits Tipping Point and Caliber Schools.

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Aloha Construction Treats All Customers Like Family

Finding the right contractor for your roof repair, storm damage, or major renovation project is essential to getting the high-quality end results that you desire. For those who live in the greater Illinois and Wisconsin area, the smart choice for this type of work has always been clear, Aloha!. No, that’s not a bon voyage wish for those heading to Hawaii, it’s the name of the predominant leader in storm damage and renovation contractors serving the region. In a recent article appearing on a popular online business magazine, everything that you could ever want or need to know about Illinois’ longtime favorite contracting company Aloha construction is broken down into an easily readable format. But for those who didn’t see the article here is a quick recap.


Aloha construction was founded by Dave Farbaky as a family owned general contractor service, and was reorganized over the years to become one of the largest and most respected contractor services in the state of Illinois. Eventually, the company expanded across the border and gained licensure to also operate in southern Wisconsin. This allowed the firm to deliver the same high-quality results and exceptional customer care to more families and businesses in the region. Dave Farbaky is still the CEO of the company and heads it with pride, and with high moral and ethical standards. His commitment to treating every single one of their customers and projects the same as he would treat a project for his own family carries over to every employee who works at aloha. This commitment is also what has set the company apart from its competition and made it the leader for storm repair as well as renovations and improvements.


Aloha Construction offers a broad range of services including roof repair, window and door installation, siding installs, renovations and remolding, gutter services, and property inspections. That last item is of particular note. Aloha will provide you with a free property inspection before any service they perform and explain to you in a clear and detailed way what needs to be done and why. They will point out the items that are critical, the things that can wait a bit but really need to be done, and the stuff that is optional but you may want to consider to make your home or business more comfortable and beautiful. Aloha construction also offers financing assistance for those who qualify to help make it easier to take care of storm or other catastrophe damage, or any other major home improvement, without having to worry about breaking the bank.

Dick Devos Meets with FAA Council in Washington

Have you seen the news in Washington? Many are turning heads at the Devos family, who have recently been moving in political circles. Beth Devos is the new 11th US Secretary of Education, and her husband was recently appointed to a council by the FAA in September 2017. The new council is a civilian board named the Management Advisory Council.


The council consists of 13 members who have been chosen throughout 2016 and 2017 to serve the FAA by advising on important matters. The council can help with policies, regulations, budgets, future growth ideas, and any other topic that it think will help the FAA in its quest to improve the aviation industry in America. This comes after President Trump challenged the aviation industry, stating that America had fallen behind, particularly because of the airports.


Devos has been working with one airport for many decades in his hometown of Grand Rapids. The small airport has some historical value being around since the early 1900s, but it wasn’t until much recently that it had ever turned a great profit. In fact, the airport received a $45 million fund to help renovate thanks to the airlines at the airport.


The CEO of the Gerald R. Ford International Airport has partnered with Devos for many years. Together they have helped raise ticket sales and change the face of the airport to be more business-centric. Business travelers of all kinds can now appreciate a new business traveler center as well as food court upgrades that have changed the airport into a more modern experience.


This is exactly what the FAA is looking for help with. The agency has been making policy updates throughout 2018 and has even approved a budget for a $40 million renovation of the GSO Tower. This is important to the future of aviation in America.


The council has several members who come from transportation authority backgrounds, but it’s the former airline executives and business leaders who have been helping the FAA look for ideas for future growth. Devos is among them. He has been meeting with the FAA once every quarter for the past year to help.


He will continue to meet with the council throughout 2019. The FAA has recently announced new policy updates.


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Wes Edens Is A Businessman Who Thinks Outside Of The Box

Wes Edens is the co-founder and chairman of Fortress Investment Group, and he is also a co-owner of the Milwaukee Bucks. He is known to be a man who makes counterintuitive investments that seem to work out more often than not. Recently, he is working with Fortress in order to invest over $3 billion into a private passenger railroad in the state of Florida. He also recently purchased a majority stake in Aston Villa, which is a soccer team in England.

Wes Edens serves as a co-CEO for Fortress Investment Group and helped the company become one of the original private equity funds to go public. He was raised on a Montana ranch and enjoyed skiing competitively when he was younger. He attended Oregon State University and graduated with degrees in business administration and finance. After that, he moved to San Francisco where he served a small bank until he was encouraged to move to New York and start a career on Wall Street. He ended up working for the Lehman Brothers and BlackRock while there until he banded together with the team who started up Fortress.

Today, Wes Edens works hard to help build companies that can stand the test of time. He decided to create New Fortress Energy, which is a company all unto itself that builds clean energy projects in the United States and countries that are developing. He also started up Caldera House, which is a luxury hotel that is located in Jackson, Wyoming where he loves to partake in rock climbing and skiing. Edens “outside-of-the-box” thinking is what has turned his railroad company, Brightline, into the successful project it has become. The railroad now serves passengers who travel West Palm Beach to Fort Lauderdale and vice versa and is expanding into Miami.  Wesley Edens Is an Investor With an Affinity for the Underdog

Wes Edens is also responsible for the new arena that the Milwaukee Bucks will be playing in and believes that it will help the economy of Milwaukee’s downtown area. He believes that the Buck’s new coach Jason Kidd will help to improve the team and has been eyeing the championship trophy for some time. Click here

The Agricultural Life of Flavio Maluf

The reports showed that Brazil’s agriculture exports were down 0.7% this June from the June one year previous. Nevertheless, the country’s exports in that sector are actually on the decided upswing. Between January and June of this year, agriculture exports accounted for 45.6% of Brazil’s foreign sales, totaling $9.21 billion during that time. In June alone that dollar number totaled to $1.04 billion. The top agriculture export of Brazil is soy products (which includes grains, meal, and oil). By June of this year, it accounted for 53.5% of the country’s agricultural exports. Follow Flavio Maluf on Twitter.

The four agricultural export segments below it included forest products, meat, sugar-alcohol complex, and coffee. In the past year, Brazil’s leading foreign customer for exports has been China. Slightly second in this area has been the European Union, which includes 28 countries. Brazil’s total exports of soy products is predicted to reach 72 million tons. Flavio Maluf, CEO of Eucatex, says in the first half of this year Brazil exported 46.27 million tons of soy grain.

Most of Brazil’s exporting business is controlled by its Ministry of Agriculture, Livestock, and Food Supply. The main goal of this institution is two-fold: To provide food security for Brazil’s citizenry and to produce of surplus of goods for exporting.

The aforementioned Flavio Maluf is one of the biggest player’s on the Brazilian agricultural trade scene. LHowever, he decided to instead pursue a career in the family business, Eucatex. Through the next many years he ascended through the ranks, becoming CEO of the company in 1997.

In addition to his present role at Eucatex, Maluf is also the president of Grandfood. Many times he finds that he is trying to drive away the myth that you already have to have a lot of money in order to start a company.

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