Randal Nardone, the finance guru at Fortress Investment group

When Randal Nardone, current CEO of Fortress Investment group joined hands with the other principals of the firm in 1998 to establish the company, he was a man on a mission to propel the company to the top. Having been in the finance arena before and having quit another lucrative position at a high profile bank to establish the company, he knew he had what it takes to make it work.

Almost two decades later, he has not only made it work but has achieved, even more, bringing himself massive returns as well. For instance, he now has a net worth of over $1 billion and ranks #557 on Forbes list of self-made billionaires. He has been serving as the chief executive officer of Fortress since 2013 and as one of its principals since 1998.

More about of Randal Nardone at newresi.com

How he got here

Before Fortress, Randal Nardone was still an influential individual in the finance realm. For instance, as noted, he had a lucrative job at the Union Bank of Switzerland. But prior to that, he was working at BlackRock which is where he first rubbed shoulders with Wes Edens.

Even though today he is a finance guru, it is important to note that he studied law at Boston University School of law, and holds a JD. Additionally, his first job was at a law firm known as Tacher Proffitt & Wood which is where he discovered his passion for numbers and shifted his focus to finance by joining Blackrock. Randal’s expertise and knowledge when it comes to finance related matters has helped steer Fortress investment group to where we see it today. Besides the JD, Randal Nardone also holds a bachelor degree in biology and English from Connecticut University.

His view on Fortress and Softbank Merger deal

Fortress Investment group recently announced the closure of the take-private merger deal between in and a Japanese based banking giant known as Softbank group, and it seems that all of Fortress’s leaders were impressed with the decision to go private again. Randal Nardone for instance, was pretty optimistic, and he believes that the deal will further strengthen Fortress.

Source: https://en.wikipedia.org/wiki/Fortress_Investment_Group


Peter Briger | A Devoted Leader and Principle of Fortress Investment Group

Peter Briger, Principle of Fortress Investment Group runs the Credit Division of Fortress Investment Group, a New York-headquartered manager firm. He brings expertise and experience in the fields of international trading, hedge fund management, mergers, acquisitions, leadership, credit investments, and real estate. It was in 2002 when Peter left Goldman, Sachs & Company to work for the global investment firm as Principle and a Member of the Management Committee Board. He serves on various committees for institutions, non-profit organizations, and companies. Learn more about Peter Briger at cnas.org

Princeton Entrepreneurship Council features Peter Briger as co-chairman of Fortress Investment Group’s Board of Directors, since 2006. It was when the firm experienced marvelous growth through acquisitions of Florida East Coast, RailAmerica, and other companies. When Briger joined the investing management company, it was still in its startup process and had been operating for four years. He became Principle of the Credit Division overseeing a strategic portfolio of credit, income, and real assets funds.

As a devoted leader, Peter Briger serves on the Boards of Council on Foreign Relations and Princeton University Investment Company. In San Francisco, where he conducts business out of his office, he contributes to non-profits including Tipping Point and Caliber Schools. He serves on the Board for those organizations that help low-income families in local communities with necessities and a quality education. Other organizations he serves on the board are Hospital for Special Surgery, Central Park Conservancy, and the Global Fund for Children. Charter Schools Caliber dedication is to offer students an opportunity to pursue a high school education and to preparing them for college.

Peter Briger is a graduate from Princeton University and the University of Pennsylvania earning a BA and MBA consecutively. He found employment with Goldman, Sachs & Company and worked his way up becoming a partner by 1996. After his departure, he started the first Credit Division for Fortress Investment Group in real estate, credit, troubled assets. Briger is a Forbe’s 400 member on the List of Global Business Professionals with a net worth over $1 billion in 2008. He became a billionaire while working for the largest global hedge fund management firm in the America.

Learn more: https://entrepreneurs.princeton.edu/people/peter-l-briger-jr-86


Igor Cornelsen’s 50 Year Investment Career

Igor Cornelsen’s career started in 1971 when he became employed at Multibanco to work as an investment banker. This happened immediately after he completed his degree in engineering at the Federal University in the Parana location. Igor Cornelsen was able to work in the banking industry despite having an engineering degree because engineers had the skill to execute computing skills that banks were looking for. The technology at the time was not advanced so banks could not rely on machines to perform the computing skills. Four years after Cornelsen started working at the bank he was appointed to be part of the board of directors because he was very skilled and he had the required knowledge. Igor Cornelsen’s success at Multibanco was quick as in 1976 he was put in the position of CEO. However this only lasted for two years as in 1978, he had to leave since the bank got purchased by Standard Merchant.

Igor Corneslen was forced to look for another job, and he was lucky enough to find employment at Unibanco which was the leading bank at the time. Cornelsen’s career at Unibanco was not as successful as in Multibanco as he had to leave the bank in 1985 when its inflation rates went up. Igor Cornelsen again had to look for another opportunity and found one at Libra Bank PLC which was a branch of the London Merchant Bank. For the first time in his career, Igor Cornelsen was being paid in dollars. Igor Corneslen worked at Libra Bank PLC for a few years, and he was very successful at the bank. A few years later he left together with some associates and went on to another bank. Igor Cornelsen decided to officially leave employment in the year 1995 and build a career for himself.

Find out  more about Igor Cornelsen: http://ireport.cnn.com/docs/DOC-1122009

Peter Briger Of Fortress Investment Group, The Investment Professional With A Heart

Peter is a principal and Co-Chairman of the board of directors of Fortress Investment Group. He is the head of Credit and Real Estate business. He is also Co-Chief Executive Officer of Fortress since December 2017. Briger joined fortress investment group in March 2002 bringing experience and knowledge in credit and real estate. Peter Briger completed his tenure at Goldman Sachs & Co, where he served as a partner for 15 years. At Goldman Sachs & Co, Peter Briger held the various leadership position in management committee, including, being the Co-head of loan sales and trading business. He was also the Co-head of distressed debt business and in charge of unique opportunities. Peter also served as an expert in real estate and private equity business for Asia. He has been an advisor to the International finance corporation on matters related to distressed debt. Peter Briger is an expert in distressed and illiquid credit investments as well as undervalued assets.

Peter Briger Leadership prowess has to earn him the various position in both for-profit and non-profit organizations. He is a board member of Spearhead LLC, Caliber Schools, Linktone Ltd, Tipping Point and Princeton University Investment Company, and Hospital for Special Surgeries Board.

The Forbes magazine rates him Forbes 407 most vibrant personalities. He is in the category of world billionaires with a net worth of $2.3 billion. All the wealth that Briger has is made because of his hard work and resilient. He is humble and gives back to the community through various initiatives and supporting worthy causes. Peter has supported charities on multiple sectors including, education, environmental conservation, health program aimed at helping the less privileged persons in the world.

Peter Briger got his education from Princeton University, and Wharton School of Business at the University of Pennsylvania, where he obtained Master of Business Administration. His successful career spans over two decades and has a broad wealth of experience in investment.

Fortress Investment Group is a reliable alternative investment private equity fund with $42 billion assets under its watch, as of September 2018. Fortress Investment Group LLC specializes in investments, real estate and permanent capital strategies, on behalf of over 1750 institutional investors worldwide. The company employs 919 asset management staff and over 209 investment professionals.

Learn more: https://entrepreneurs.princeton.edu/people/peter-briger-jr-%E2%80%9886


Remembering the Authorship of Alastair Borthwick

In 1913, a future author and soldier is born, the late Alastair Borthwick whose remembered for serving his country and enjoying nature and its natural beauty. He a former broadcaster, journalist, writer, and war historian with published literature and a memoir. His authorship includes Always A Little Further and Sans Reur which explores his hiking adventures and the time he spent transforming the battalion into a fight squad. Alastair worked for Evening Times 16 as a copytaker writing film pages for women and children. He worked for Daily Mirror for one year before switching to a radio broadcasting career.

During WWII, Alastair Borthwick got an offer he absolutely couldn’t refuse, which was writing the history of the battalion. His story of serving in the military came to life in his book detailing the evolution of trained fighters. This occurred after his time in Europe, Sicily, and Western Desert when he ranked as the battalion intelligence officer. After the war, Borthwick moved to Jura and then to Islay with his family, and eventually to South Ayrshire for life. Before his passing in 2003, Borthwick final wish is that he’s remembered as an author on a journey committed to meeting deadlines.

The book Always A little Further influenced the inspirational movement of Wandervogel, enthusiast hikers. The enthusiasts gained much interest in Northern Europe in the early 1930s. He and other unemployed men and women spent their time hiking through the mountains and embracing its natural beauties. Once the shipyards closed, they made hiking a hobby spending time with family and co-workers to relieve a lot of stress. Alastair Borthwick enjoyed life at its best seeing natural resources, such as the mountains in a different view, belonging to mankind.

It was many years later that his publication of the book received acceptance by Fabers. The first approach of having it published was a failure until one director insisted on publishing it. His book is a classic for its spontaneous humor, realistic descriptions, and characters. The legacy of Borthwick will attract hikers of the 21st Century to learn about the history of hiking.

Robert Ivy Shares Tactics That Would Boost Your Career

Your career success depends on your professional credibility, networking power, as well as your job hunting tactics. Although, most people more especially young professionals lack the right tactic to boost their employability. On that account, they miss the chance to secure their dream job.

Are you one of those young professionals? If yes, Robert Ivy suggests that joining a relevant professional organization would be a practical way to improve your employability. How can the societies help you secure your dream job?

1. The organizations bond you to like-minded peers
Professional societies host regular workshops, seminars, job fairs, receptions, and other events that unite professionals with common ambitions. The networking events let you exchange fresh ideas with your peers, and it opens doors to career openings. Also, the networking events enhance your visibility, it extends your support network, and it nurtures your self-belief.

2. The organizations give an opportunity to continue learning
Professional networks have plenty of online learning resources tailored according to your profession’s unique needs. Robert Ivy says that the organizations allow their members to access the learning resources anytime anywhere.

Why would you need to access the library? The study resources keep you abreast with your profession’s changing trends, and it imparts you with the self-confidence that you need to hunt for lucrative job openings.

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3. Professional organizations enhance your job searching skills
Professional organizations cooperate with a team of professionals with profession-specific job hunting skills. The experts hone the young professionals’ job hunting skills, and they help them to build the credibility that would make them stand out. Belonging to a professional society is an added advantage during an interview.

4. Professional organizations streamline your career
Robert Ivy says that the societies are always at the forefront of protecting their members’ rights. They negotiate with the relevant authorities to adopt friendly policies. Also, the organizations empower their members.

About Robert Ivy
Robert Ivy is a respected architect in the United States. In 2010, Alpha Rho Chi branded him as a Master Architect who had transformed the architectural sector. He is the CEO of the American Institute of Architects.

Find more about Robert Ivy: http://architecture.tulane.edu/news/2018/04/article-3069

Richard Liu Qiangdong: A Future Global Presence

For a lot of consumers, JD.com did not come into existence until 2005 when they opened their online shop. Many of them did not know that the company had enjoyed a previous existence as a brick-and-mortar store with over a dozen locations. The break-and-mortar store had been dubbed Jingdong Mall and was run by the charismatic founder Richard Liu Qiangdong. Richard Liu talks about those early days with JD.com as a brick-and-mortar location in his interview with Weforum.org and how it grew to become one of China’s biggest online retailers for a variety of products.

One of the most interesting things about the growth of JD.com is that the original Jingdong Mall was not a purveyor of such an extensive list of items. They were mostly focused on very specific technology products. Richard Liu Qiangdong started the company in 1998 because he needed to make money for his family. He had a lot of people depending on him and he needed to make the education that he received and past experiences that he had gained in business work for him. As he is speaking to the interviewer, he explains that Jingdong Mall was very important to him personally, but he also wanted it to be a sound company for the community.

When he moved the company online and his goals were no different. He talks a lot about how it was paramount to him that the company remains an honest entity in an anonymous retail market online. While he was forced to move online because of the SARS outbreak from the previous year, Richard Liu Qiangdong found that it was a wonderful place for a company like Jingdong Mall. He compressed the company name down to the initials JD.com and started working on providing consumers with a variety of categories that would fill their needs. Today this is one of the reasons why JD.com is so successful. They engaged the growth opportunity that they were given and push for something better. Richard Liu explains that the company is still pushing for better options and will likely move into a more global presence in the coming years.

LinkedIn: https://cn.linkedin.com/in/richard-liu-45113b47