Category: Business

Peter Briger: The Story of the King of Debt

Peter Briger: The Story of the King of Debt

The IPO for Fortress Investment Group debuted in February 2007, on NYSE public markets. The event made one thing clear- Peter Briger had become a billionaire. At the time, Briger had 66 million shares in the company worth over 2 billion. Later this watermark receded since the stock went down 74%. Currently, Briger’s has over 44 million shares worth $350 million. On paper, this looks like a massive hit on his net worth, but that’s hardly the case.

Peter Briger is still an elite player in particular asset investing. It is a trading endeavor that has created a secretive society. Peter has over the years risen to the top of this shadowy world. He has made his name at Goldman Sachs. He worked for the company for 15 years before joining Fortress Investment Group. The CEO joined Fortress to focus on debt security and real estate because the company wanted to diversify. Peter now sits in the Fortress board as Co-Chairman, and he is also the company’s principle. View Peter Briger’s profile on Linkedin

Peter Briger has built wealth trading assets that many traders don’t fancy. He has a specialty in distressed debt. While at Goldman Sachs, Peter co-founded the company’s Special Situations Group. The wing became famous for their secretive/ highly profitable trades. Peter and his colleagues traded Japan’s troubled mortgages, Thailand car loans, a South Korea alcoholic beverage company, and many more.

Peter’s strategy at Goldman Sachs focused on trading assets that mainstream sources of capital didn’t consider favorable. They would hold such assets and sell them profitably when the markets stabilized. Later, Peter Briger left Goldman, making a move to Fortress. At the new pastures, his success did not skip a bit.

Lately, Peter’s team has raised $4.7 billion under “Fortress Credit Opportunities Fund IV,” which is a new company fund. This figure is 87% of all Fortress funds in that quarter. The other percentage came from Fortress’ liquid market and private equity divisions.

After the financial crisis, Peter Briger bagged gold. It was at a time when governments and banks sold risky/ non-performing liquid assets. Peter scooped these assets, and they are yielding positive results even today. Peter expects his future in distressed assets to be bright especially now that the financial crisis is in the rearview mirror and things have stabilized.

Learn More: http://people.equilar.com/bio/peter-briger-fortress-investment/salary/779716

OSI Group Has Incorporated a Strategy that Saves Energy Consumption in its Operations

OSI Group is one of the leading processed food companies in the industry that has operated in the industry for some years. Initially, the company started its operations in the United States before expanding and moving out to other parts of the world, especially the European and Asian market, where the entity has made its presence felt. There are several aspects that the company has implemented which have made it competitive as compared to other organizations in the sector.

One of the main factors that are making OSI Group operate at its peak is the ability to save energy that it uses in its operations. It is important to record that a significant number of companies around the world have been using vast amounts of energy to make their operations effective. The problem is that the amount of energy is too high and has been consuming huge amounts of money. More about of OSI Group at zoominfo.com

The primary source of energy from a significant number of companies comes from electricity supply. The amount charged by the supplying companies is too high, which makes it difficult for companies to save money that they can use in performing other essential functions in the company. OSI Group has realized that energy could be consuming much of the income that the company receives from the sale of food and food products.

To implement an energy saving plan, OSI Group has incorporated a strategy that involves using energy efficient machines and all the equipment that perform various resources in the organization. All the machines currently in use at the operations of the company are energy efficient and use the most minimum energy to lender their operations effective. This is an important strategy that makes it possible for the company to minimize energy usage.

OSI Group has also included another strategy that involves shutting down all the machines and equipment that are not currently in use. This means that only the devices that are operating will be using energy. The company has not only saved a considerable amount of money through energy savings but has also ensured that most of the machines can operate for a more extended period without the necessary maintenance.

Visit: https://www.careerbuilder.com/company/osi-group/CCH1WK6N6RGZZBMJWY2

 

OSI Food Solutions Penetrates Deeper into the European Market

OSI Food Solutions continued with its diversification through the recent acquisition of Baho Foods. It marked a significant step to the company in its bid to maintain a steady supply of its products to the European market. By Purchasing Baho Foods, OSI Food Solutions added more products in its portfolio and improved the logistics in reaching its customers. This is because the Dutch Company operates in the Netherlands and Germany and it’s an advantage to OSI because its market base would expand. Baho Foods produces meat products for the retail market and food outlets. This means that the company would help OSI reach more of its retail customers in Europe. Another advantage of the merger is that Baho Foods has five subsidiaries operating in eighteen countries in Europe. These companies would boost the distribution of OSI products hugely. The president and the chief operating officer of OSI, David McDonald, facilitated the acquisition after evaluating its benefits.

Read this article about OSI Food Solution at Augsburger Allgemeine.

To enhance proper transition, OSI Food Solutions decided that the top Executives of Baho Foods would remain to help in outlining the strategies of both companies. The Executives on their part said they were happy to join OSI family and were ready to deliver. In another move intended to improve its service to its European market, OSI acquired Flagship Europe. The company supplies dressings, sauces, mayonnaise, frozen poultry, pies, and sous vide products to the European market. Before joining OSI, the company had acquired Calder Foods, a mayonnaise, dips, sauces, marinades, and sandwich supplier. It means that the merger would add many more products to the OSI portfolio.

Flagship Europe Chief Executive Officer, Russell Maddock praised the merger saying that the move was good since the company would serve its customers better because OSI Food Solutions has a strong customer base. He added that the company would reach more customers and build a brand for itself in the market under the umbrella of OSI. David McDonald on his side pointed that OSI Food Solutions was delighted to have Flagship, now Creative Foods. He added that the company’s strategic growth plan included merging with like-minded companies that would improve the company’s capacity in serving its customers in a better way.

Check: http://www.responsiblesoy.org/miembro/osi-food-solutions-europe/

 

Leadership Growth And Understanding How To Improve

Growing as a leader is essential to being successful. A strong leader understands the value of this growth and knows that by always pushing the limits to growth will only increase the business they function within. Smart leaders know that always learning how to improve their intellect in their chosen field will help them be stronger as well as allow the team they manage to function properly and effectively. Therefore, here are a few techniques to improve and grow as a leader, and additional ways to continue the growth in the future.

  • Interactions And Approach

Every team usually has a leader that is placed there for support. However, not all leaders understand that this support needs to be directed in a positive matter. Some leaders think that because they have a higher position, they can do whatever they want. This is highly improper. If you want to be a successful leader, then one of the first ways to grow and improve would be your approach and interactions with each of your team members. By introducing a strong but confident approach in a progressive manner, then you will improve as a leader. To top that off you will also improve the way your teams view how you are as a leader. This is important because by having a team that loves their leader will produce positive results for the company. Therefore, plan on how you can interact and approach your team with a helpful and constructive manner and your growth as a leader will only improve.

  • Encouragement

If you look at James River Capital Corporation, this business promotes an encouraging and resourceful business structure that many other companies can look up. With their highly successful management services, they share their experience on how they became successful and promoted a functioning team that loves each of their leaders. They are a great example of how leaders need constant and constructive growth in order to succeed. They show others that encouraging a team in an upbeat and positive manner, will ensure success and growth. Paul Saunders, the founder of James River Capital Corporation understood the formalities of being a successful leader and decided to share his knowledge with others so they can be successful too. He knew the power behind encouragement and with his company, he not only produces the results but loves to share them as well.

  • Your Teams Outlook

Another key element in being a successful leader and understanding how to improve would be to reevaluate how your team’s outlook functions. This means that by taking your knowledge as a leader, you have the ability to help and support your team on a completely new level. By allowing your team to have input and opinions on matters, allows them to see that you value their opinion and it allow allows you to see if they are comfortable with how you are as a leader. Making your team feel important will help your team progress in a strong and constructive fashion. This will help you improve as a leader and allow your team to be successful as well.

Final Thoughts

In conclusion, improving your skills as a leader helps the company grow, and benefits you in more ways than just force. If you are in need of growing as a leader, look at James River Capital Corporation for additional insights on how to improve and grow. They have time and time proved how to be a successful leader, and to top that off they care about helping you grow. Therefore, go ahead and see what they can do to help you grow, and do not be afraid to increase your skills as a leader, you will not be disappointed in the results.

Learn more here: http://jrccblog.net/

 

Stream Energy

With its headquarters in Dallas, Stream Energy is among some of the United States’ leading direct selling and connected life services corporations. The company provides wireless, energy, and home services to its customers. The services that the company offers are available in various states spread across the U.S. Some of the countries that the corporation provides its services include New Jersey, Maryland, Georgia, Ohio, and Texas.

Being the successful corporation that it is, the firm has not only been dedicated to serving its customers but also the American community through philanthropy. Recently, the company initiated its charity foundation known as “Stream Cares.” This was done to make formal its continuous generosity throughout Texas and other states in the U.S.

On 5th March 2018, the Dallas Patch featured the corporation’s new philanthropy foundation known as Stream Cares.

This is one of the first companies that were instrumental in helping to fund the recovery efforts of Hurricane Harvey. Besides that, the company helped their clients with their financial burdens. Over the years, Stream Cares foundation has partnered with the Hope Supply Co. to aid in tackling homelessness in Dallas. It is essential to point out that Hope Supply Co. pays attention towards homeless children and helps provide them with various items human essentials, school supplies and clothes.

Stream Energy has also partnered with Habitat for Humanity which aids families to construct new houses and repair any damages in the homes that they reside in. The Habitat for humanity provides volunteer labor and affordable mortgages whereas families offer work known as sweat equity. Also, Stream Energy has partnered with The American Red Cross” which gives disaster relief, emergency assistance, and education in the United States.

In 2016, Stream Energy came together with the Salvation Army to raise funds for the tornado victims in North Texas. The company was able to double their donation through matching the contributions made by their associates. Therefore, it can be said that Stream Energy is playing a unique role in making sure that the lives of people living in Texas are uplifted through corporate generosity and dedication to aiding the less fortunate.

https://www.elp.com/Electric-Light-Power-Newsletter/articles/2016/03/stream-energy-names-new-ceo-in-mondry.html

Desiree Perez Makes Great Deals for Roc Nation

When it comes to signing deals for contract with athletes there is always a whole lot of money on the table. People that have the ability to play things like basketball and baseball are always going to be in play to get possible deals from the highest bidder. Sometimes these guys are free agents and they want to get the best deals. Roc Nation is a company that Jay-Z developed in order to help athletes get the best deals. He knew that there were all kind of possibilities available for athletes to get money, and he knew that he will be able to get a percentage if he got a great amount of money for the athletes. That is why he brought Desiree Perez into the picture.

This is someone that has been able to help Jay-Z get a lot of athletes under his roster. Jay-Z knows that when it comes to negotiating contracts for athletes that it would be crucial to have someone that could punch the numbers. He did not want to take all of this into his own hands. Instead, he wanted to get someone in place that had already gained a tremendous amount of experience with negotiating.

He has been a friend of Desiree and her husband one for many years.If it is one thing that he has come to realize about Desiree Perez it is that she is a strong contract negotiator. See if someone that does not often take no for an answer, and she is all about getting the best possible deals. This has made her someone that Jay-Z could depend on for getting the best contract deals around. Her time with Roc Nation has been quite valuable, and Jay-Z realizes that he could utilize Desire Perez to help with other deals.

Source of the article : https://www.behance.net/dezperez

Jose AuriemoNeto- Executive leader in real estate investment

Jose AuriemoNeto is an executive leader and an entrepreneur in Brazil. He is the Chief Executive officer of JHSF Participacoes SA. This is a company that is involved in real estate investment. Jose Auriemo joined the company in 1993. He is the one who introduced the group’s services department. His entry into the company saw the company venture into retail trading through a partnership with numerous multinationals. He has signed partnership agreements with big brands such as Jimmy Choo, Pucci and Hermes who have opened their stores in Brazil. Jose Auriemo is a graduate of Fundacao Armando AlvaresPenteado (FAAP) University.

JHSF has invested heavily in the building of shopping centers, hotels, and restaurants as well as airports. Its latest investment is the purchase of 13 Fasano restaurants. JHSF is a leader in high-end real estate business. In Brazil, its operations mainly deal with acquisition and management of property especially shopping centers. JHSF was established in 1972 and has been a big player in the business sector, taking advantage of numerous business opportunities that exist in the Brazilian market. The company is known for its emphasis on innovation and quality which are virtues that make it get good reception in the market. To know more about JHSF click here.

JHSF has most of its operations in the cities of Sao Paulo, Salvador, and Manors. The company operates projects under the following banners; hotels and restaurants, malls, executive airports, and incorporations. JHSF always make sure that all its projects are carried out in an effective and innovative way that will see them outdo competitors in the industry. Some of its works have been the construction of Catarina executive airports as well as Catarina Fashion Outlets. Such investments also see the company hit a record high revenue collection every year.

Since joining the company 1993, Jose AuriemoNeto has been the CEO since 2003, which is almost 15 years since then. During this period he has steered the company into a major multinational that competes with who is who in the industry. In 1997 he created the first parking lot management known as Parkbem. Jose Neto is also a board member of JHSF since 2009. He is the brain behind Santa Cruz shopping mall.

https://www.bastter.com/mercado/acao/JHSF.aspx

Anthony Petrello helps Nabors Industries Ltd in Acquiring Tesco Cord

Tesco Corp Nabors Industries Ltd. Deal with Tesco Corp

Nabors Industries Ltd. is a drilling and contractor company that deals with natural gas and geothermal energy. Nabors owns one of the largest international drilling fleet. Its main offices are in Huston. It`s located in Bermuda, Hamilton. It operates in the Middle East, Far East, Africa and the United states.

The firm made a deal to acquire Tesco Corp in a full-stock transaction. The transaction will be completed by the end of 2017. Nabors closed its books on 11th August 2017 and valued each of Tesco`s common share at $4.62. Tesco Cord completed its cash balance on 30th June 2017. Tesco discovered that Nabors` valuation was 19% premium to its shares` closing value, and 30% premium to its enterprise price.

Nabors will use 0.68 of its common shares to exchange outstanding Tesco`s common shares. Tesco shareholders will acquire 10% of Nabors shares if the deal is completed. Tesco Corp will have to compensate Nabors $8 million if it fails to close the deal by 14th February 2018.

Anthony Petrello, the Chairman of Nabors Industries Ltd. acknowledged the importance of the transaction. In his press statement, Petrello approximated the operating synergies in the first year to be $20 million. The full-run synergies will be between $30 million and $35 million. Petrello also admitted that the transaction enabled Nabors to achieve its objective quickly.

Anthony Petrello

Anthony Petrello is the Chairman, President and CEO of Nabors Industries Ltd. He graduated with a Bachelor`s of Science in Mathematics from Yale University. He pursued a master’s degree in the same course at the same university. Petrello graduated from Harvard Law School with a Juris Doctor for more info about us: https://en.wikipedia.org/wiki/Nabors_Industries click here.

Anthony Petrello started working at Baker $ McKenzie, as a legal expert, in 1979. In 1986, he became a Managing Partner of the company`s New York offices. He left the law firm in 1991 and joined Nabors Industries Ltd. He was the Chief Operating Officer at the firm until he was elected as the President of the organization in 1992. He became the Deputy Chairman in 2003. In 2011, Anthony Petrello became the CEO of Nabors. In 2012, Anthony was elected as the Chairman of the Executive Board.

Rick Smith Helps Securus Seal Deals

Since Rick Smith is the CEO of Securus, he has been helping people with the issues that they are having. He has come a long way in his career and has been able to do what he can to help the prisons get the support that they need. For Rick Smith to be able to provide people with these opportunities, he needs to make sure that he is doing everything that he can to succeed in his business. He also tries to make sure that he can help people with the issues that they face. While Rick Smith has been doing all of this, he knows that he will be able to continue his career as the CEO and that Securus will just get better as he continues to grow it and make it a larger communication company. While others may have issues with the way that Securus works, Rick Smith knows that the business will be able to work properly.

One of the first things that Securus did was provide people with the experiences that they needed. Rick Smith knew a lot about communications and helped the company to be the best communications company in the prison industry. He provided people with the phone call services and the experiences that they needed to make things better. He wanted to administer all of the phone calls and the opportunities that people had for communication in the prison to help people have a better understanding of the opportunities they had in prison.Another opportunity that Rick Smith made possible through Securus was kiosks in prison. Whether it was a communication kiosk for the prisoners, one for the administrators in booking or one that they could use to keep track of commissary items, Securus is able to provide it to them.

They have started doing this and they make sure that they can help their prisons have the best experience possible no matter what is going on. Rick Smith is confident that doing this will allow him to continue making all of the right choices for his business and for the things that he can do in his business.For Rick Smith, all of this means that he has to continue helping people with Securus. He wants to ensure that everyone has a chance to experience different opportunities and wants to provide prisons with the help that they need. This is something that has allowed Rick Smith the chance to succeed and to make things better for people. While Rick Smith does what he can for Securus, he has to make sure that he is helping other people with the changes that they need so that the prisons can be the best possible.

Source of the article;e : https://apps.securustech.net/press_listing.asp?press_id=21

Tim Armour: Warren Buffett Doesn’t Have it All Figured Out

Billionaire investor Warren Buffett has issued a challenge to is fellow investors: the person who can make the most returns from an investment will get $1 million to the charity of their choice. In keeping with his style, Buffett plans to stick to the S&P 500 passive index. That’s something fellow investor Tim Armour took issue with in a recent op-ed.While Armour doesn’t dispute Buffett’s success with passive funds, he claims it’s not a helpful model for the retirees that turn to him for advice. For Armour, passive index funds are in no way more safe tan active funds, they’re just more prosperous in this unusually long bull market.

This, Tim Armour argues, makes for a false sense of security that isn’t helpful when a bear market is upon investors and returns are small.Armour concedes that there is no way to guarantee an investment will pan out, but he argues that focusing on two elements can lead to stronger returns: management fees and the best manager investment. At his firm, Armour picks funds based on the amount in fees the investor is expected to pay, the lower the better. the second criteria depends on how much the manager of that fund is financially invested. Armour has found that a manager that is invested in their own fund generate confidence and in turn helps the fund grow.By sticking to these principles, Armour’s firm have averaged 1.47% higher than index benchmarks after fund expenses were paid for.

About Tim Armour:

Timothy D. Armour is an American investor from Los Angeles. After graduating from Middlebury College with a Bachelor’s Degree in Economics, he joined the Associates Program at Capital Group Companies.Armour has spent more than three decades working in finance and investment with Capital Group. The experience acquired with Capital Group made him an ideal fit for Chairman and Principal Executive Officer of Capital Research and Management Company. Armour also serves as Chairman of Capital Group Companies Management Committee.