With the long success of Fortress Investment Group, it comes as no surprise that their investment portfolio also includes a widening array of international investments and acquisitions. In order to continue its steady growth since its founding in 1989, Fortress Investment Group has embraced a forward-thinking mindset that has served the firm and its investors quite well. It is interesting to note that the firm began with investments in Italy but has also been active in Asia, primarily in the Japanese markets. Its first Yen-denominated funds, known as the Fortress Japan Opportunity Fund is one of the earliest forays into international markets made by Fortress Investment Group. From there, several more Asian-dominated funds emerged: Fortress Asia Macro Fund, Japan Opportunity Fund I and II, and FIG’s Japan Income Fund.
Fortress Investment Group also grew its office space in 2011 by adding its second location in the United States, situated in the San Francisco Bay area. Around this same time, the company also increased its presence in Asia by opening new locations in both Singapore and Shanghai. In 2017, almost exactly one decade after the firm decided to go public, it was acquired by SoftBank. While its name may sound American, SoftBank is, in fact, a Japanese multinational financial institution that has its primary location in Tokyo. It turned out to be an interesting acquisition model which is likely to serve both sides equally well. SoftBank made its acquisition at the $3.3B level and interestingly, FIG will continue to operate independently of SoftBank.
It will be interesting to see how the acquisition affects the investment strategies of FIG, but early moves suggest that they will not be altered too significantly. SoftBank is known for its investment in the technology field, one that FIG is not foreign to. There are several exciting new aspects emerging in today’s tech market with the Internet of Things chief among them. It is expected that Fortress will continue investments and acquisitions in the digital and technological industries, as evidenced by its recent $20M partnership with iPass on of the world’s largest wifi and connectivity providers.
Peter Briger is a key member of the leadership team of the investment firm Fortress Investment Group. He currently serves as the principal and co chief executive officer of the firm at its San Francisco office. Briger has held this position since the year 2006. Along with serving as the principal and co chief executive officer, Peter has also served on the management committee of the firm since 2002. His main role at the firm is to manage the credit business division. His experience and expertise has been able to set him apart as a valuable executive for the firm. Prior to working at Fortress Investment Group, Peter worked at the financial services firm Godlman Sachs. He holds a bachelor’s degree from Princeton University and a Master of Business Administration degree from the University of Pennsylvania’s Wharton School of Business.
One of Peter’s most notable experiences was when he worked at Goldman Sachs. He became the firm’s partner in 1996 and spent 15 years at the firm. While working at Goldman Sachs, Peter would serve on a number of Asian committees. As a member of these committees, Briger would provide valuable expertise and leadership in managing a major part of the firm’s international transactions. He would become an expert on investment opportunities in Japan, China and other Asian markets. Briger was part of a number of key groups such as the Asian Real Estate Private Equity business, the Special Opportunities Fund, the Asian Distressed Debt business and also the Fixed Income Principal Investments Group.
After working at Goldman Sachs, Peter Briger would move on to work at Fortress Investment Group. He currently serves as its co chairman of the Board of Directors. While at this firm, he has been part of the management committee and has therefore been responsible for providing key leadership for the firm. Today, he oversees the credit business of the firm and is therefore in charge of finding investment opportunities in credit based securities. He currently manages over 300 individuals and focuses on finding assets that are undervalued and distressed. This has allowed him to help many clients get investment options at a low cost and make very high returns on a consistent basis.
As well as being a top executive in the financial services industry, Peter has been quite active in his community. He was on the Board of Directors of the Princeton University Investment Company as well as provided support for the Central Park Conservancy. Another cause he is involved in is real estate. Peter serves on the board of an organization known as Tipping Point which is a non profit that serves low income housing in San Francisco. This organization helps a number of families get affordable housing and improve their overall quality of life. Therefore, Peter has proven to be a valuable contributor to his local community. With his business experience in the finance industry as well as charitable activities, Peter Briger has proven to be among the most versatile business executives.
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AXA Advisors is a French Intercontinental Association. The main aim of the company is to offer financial security to their customers. Furthermore the company has sustained their honesty and consistency to their clients. The company began their activity in the year 1859. Their customers are adequate pleased with the services which they are given by the organization as well other services that AXA offer to their customers is investment management and worldwide insurance.
The AXA linked with the leading top 3 global financial service trademarks in the year 2016. The services are offered globally including North America, Middle East, Asia-Pacific region and Africa and Western Europe. The organization in the year 1816 when it began the first title was Mutuelle de L’assurance center L’incendie which they later changed to AXA in the year 1985. AXA attained Winterthur group with an overall sum of €9 billion also is one of the top insurance organization in Swiss.
AXA Advisors is situated in Paris at the 8th arrondissement. The organization also accomplished numerous philanthropic such as the establishment of AXA Research Fund in the year 2008 that made a total of €100 million. The AXA Research assist in funding various research that stop dangerous things that can inhibit the human life or environment.
Vincent Parascandola graduated from Pace University with a degree in science also is the Senior Vice President of AXA Advisors, LLC. The main role he does is to make sales, creating effectiveness, enlarging of new financial experts and management development. He as well has over 25year of experience, he began his first job as an agent at Prudential. He later on left Prudential he linked with MONY Life Insurance Company. His better supervision and hard work made him the link and joined AXA Advisors.
When he joined the company he became the president at AXA Equitable unit before he became the senior vice president of the organization. Additionally he took over the in a branch at New York as the co-administrator. He has accomplished numerous awards due to his wonderful work such as Master Agency, GAMA’S Career Development. He is also known for his best public speaking sessions.