Peter Briger: Debt and Profits

Once Briger, a known billionaire from the Fortress Investment Group IPO, left Goldman Sachs his success never suffered and only flourished. For the first quarter, Briger’s team reeped in $4.7 billion in a new fund titled “Fortress Credit Opportunities Fund IV” The amount of it was nearly 87 percent of new funds acquired and raised by the company. Fortress also handles a liquid market division and private equity. In the last few years, Briger has only found continued wealth in the after days of the tragic financial crises years ago. He names his type of business practice today as a “financial services Garbage collection.” He further told the Institutional Investor magazine that governments also force sell offs on risky ill-liquid assets and those that aren’t performing.

This is due to the demands of shareholders and regulators. Briger and the Fortress Capital team are more than happy to jump on the huge discounts. Evidence that Briger is still profiting is in the rates of return on the credit opportunity funds. Now that the financial crisis is way behind us, Peter Briger continues to see opportunities from distressed assets that can bring in big profits. This is especially true for the financial sectors. He reveals that banks have recovered from the last financial fiasco, but are still stuck with having to change under all of the political and regulatory demands. The Dodd-Frank reform literally forces banks to now hold high-top assets on their books.

They must require large capital reserves against any assets that are considered risky. What this does is put a lot of pressure on banks struggling to sell risky assets to get a return on the equity. This is what Peter Briger has continued to capitalize on for years and years. Peter Briger is a master at his game and knows the markets. He sees an opportunity when other don’t. So if there is ever a dry spell and there are no opportunities to be had, Briger knows one will soon along. When that time comes, Peter Briger will be right there capitalizing as he always has done and will continue to do so.

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Michael Burwell Reveals How He Comes Up With New Ideas At Work


A few weeks ago, one of the most popular online publishing platforms that has made itself a name from interviewing the who is who particularly in the global business world got a hold of Michael Burwell, the Chief Financial Officer of Willis Towers Watson and had a sit down with him in a deliberate effort to find out what makes him tick and may be in the process get a glimpse of his social and business life in an effort to understand what makes him successful executive that he is.


Mr. Michael Burwell always knew from a young age that he always wanted to be a successful global business executive and this is one of the reasons that he went to Michigan State University where pursued a Bachelor’s Degree in Business Administration. He is also a Certified Public Accountant. 10 years ago, Michael Burwell’s success in the global business industry was recognized by his former education center and was named Michigan State University Alumnus of the Year.


Michael Burwell has vast amounts of business experience and skills having spent more than 3 decades working for the global conglomerate Pricewaterhouse Coopers where he served for more than 10 years as a business advisor before he was elected to the position of partner. After having made partner, Michael was sent to the company’s Detroit office where he was to be in charge of transaction business.


Following his immense success in Detroit, the company saw it fit to promote him to be the Chief Operating Officer and Chief Financial Officer of all of Pricewaterhouse Coopers business in the United States, a position he held and served diligently for 3 years before moving on to the position of Vice Chairman of the company’s businesses both in the United States and all around the world. See This Page for related information.


When the interviewer sought to know the process through which the business executive comes up with new and exciting ideas, he responded that most of the times the ideas came from the individuals in the organization since he creates and encourages a corporate culture where everyone and anyone is free to think for themselves and present ideas which can help further the success, vision, and mission of the organization. He added that an idea that could rival that of Airbnb or even Uber could be within the organization and this is one of the reasons he encourages a culture of sharing ideas.




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