Fortress Investment Group Expands Into New Investment Areas

In 1998, three talented, ambitious young men believed they could create a successful investment management business. It turns out that their faith was justified. Fortress Investment Group, the firm those three men founded, went on to become one of the world’s leading global investment management firms. Of the three young men who founded Fortress, two remain with the company today — Randal Nardone and Wes Edens — the third co-founder Robert Kauffman retired in 2012.

Fortress Investment Group continues to expand its holdings and the investment opportunities it offers to its investors. One of the more recent investment vehicles Fortress Investment Group has made available to investors is the chance to invest in iPass. iPass is a global connections provider. A more everyday description might be that iPass is the operator of the world’s largest Wi-Fi network. If you’ve connected to a public Wi-Fi hotspot anywhere in the world, it’s likely you’ve connected to iPass. You’ll find their hotspots in train stations, airports, concert venues, restaurants, and convention centers.

iPass’ growth prospects certainly played a part in Fortress Investment Group’s decision to create a USD 20 million loan package to iPass. That growth includes expectations that the number of Wi-Fi hotspots they provide will grow from more than 64 million at present to more than 340 million by the end of 2018.

Another significant investment by Fortress Investment Group is Wes Eden’s Brightline train service in Florida. Wes Eden’s Brightline train is part of the only passenger train service that is both privately owned and operated.

Wes Eden’s Brightline passenger train service currently operates, in both directions, between Miami and Ft. Lauderdale. On a light-traffic day, a commuter on I-95 might make that trip in 30 minutes, but on a busy day, that commute time can easily double. Brightline can get that commuter to his location in a consistent 34-35 minutes. Even better that commuter can work, or relax during the commute.

Institutional Investor Magazine bestowed the “Institutional Investor of the Year” award to Fortress Investment Group on June 30, 2014.

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Randal Nardone: Success In Versatility

Randal Nardone founded Fortress Investment Group, LLC. (FIG) in 1998 with Wesley R. Edens, Peter Briger Jr., Michael Novogratz and R. Kauffman. As with all successful enterprises, their aim was to provide financial backing to well grounded dreams. The private equity firm performed excellently and was the largest ever of such business type to go public on the New York Stock Exchange (NYSE) on February 09, 2007.Randal Nardone earned a dual B.A. degree in Biology and English from the University of Connecticut. He earned his Juris Doctorate degree from the Boston University School of Law. He progressively arrived at establishing FIG working first as a partner and executive at the Law Firm Of Thacher, Proffitt and Wood.

From there, he served as a Principal Director of BlackRock Investments. Just prior to solidifying FIG, LLC., he held the position of Managing Director at UBS. Randal Nardone currently serves as Principal, Board Director, President and Interim (while Mudd handles the Senate probe) CEO. He has performed the duties of CEO for the Firm for years prior, as well. He also fills the position as Board Chairman for a number of other business entities and holding companies.Randal Nardone is credited with founding forty six other business ventures, eight of which remain active, including FIG. His versatile background allows him to guide his principals and his potential clientele.

Based in New York City, Fortress Investment Group offers financial backing for credit issuers, hedge funds, traditional money management and private equity financial vehicles among other products.Softbanks (SFTBY) of Japan recently purchased FIG for $3.3 billion USD in its move to diversify. FIG will operate independently under Softbanks and retain its New York headquarters. The three current Principals, Nardone, Edens and Briger, will remain in charge and will reinvest fifty percent of their post deal share back into FIG. The leaders agree that the product and venture objectives of both FIG and SFTBY align well and look forward to even greater success in the near future. Learn More.

The Strength Of A Man In The Unassailable Randal Nardone

He is a true definition of a successful man who has become a great inspiration to this present generation of the upcoming talent young men. His recession journey is by itself full of lessons for he has made his own fortune. Every successful man has a story to tell and Randal Nardone has his own until he became the billionaire to the person he is today.Randal Nardone is perhaps one of the few people around the globe who serves in multiple companies’ and organizations’ boards. He built his foundation by attending the University of Connecticut where he graduated with BA in English and Biology. He later joined Boston University to pursue Law. He has served many organizations and companies in his career life but the most notable of all is Fortress Investment Group LLC.

Fortress Investment Group began its operation in 1998 courtesy of five gentlemen of which Randal Nardone is one of them. He is the Co-founder of the Group and has been serving as its Principal since it was founded. In 2013, he resumed the CEO office which he has been occupying till day. He is the man who catapulted the profits of their acquisition called Springleaf Financial Holdings to levels which were unbelievable. He still serves as the Chairman and as the President of the Holdings. Randel Nardone began his career journey at Thacher Proffitt & Wood law firm where he served in the executive committee as its member. He later progressed to BlackRock Financial Management Inc. where he was serving as the principal. He has served at UBS for 1 year between 1997 and 1998 as the Managing Director, in Alea Group Holdings Ltd., Brookdale Senior Living Inc., and Eurocastle Investment Limited among others. In all these firms, he served in top positions.

In 2006, they sold some shares of Fortress to Nomura Japanese firm for $890 million which kick-started their journey into real wealth. In 2007, the five major counterparts: Randal Nardone (Randy), Robert Kauffman (Rob), Peter Briger (Pete), Michael Novogratz (Mike), and Wesley Edens (Wes), hit the jackpot when they decided to make the company public. Through the Initial Public Offer, they became billionaires and Randy featured in the Forbes List of Billionaires at number 557 with a net worth of $1.8 billion. Fortress Investment Group has been moving to greater heights which have attracted various suitors who wanted to purchase it. The lucky one was a Japanese firm called SoftBank Group which purchased Fortress at $3.3 billion. Nevertheless, the group continues to operate independently under SoftBank Group umbrella. The leadership of Fortress is positive that SoftBank will take Fortress to higher heights.

Peter Briger- A Reliable and Big-Hearted Global Business Professional

Peter Briger- A Reliable and Big-Hearted Global Business Professional

When comparing professionals in the investment and finance sector, Peter Briger is a household name that will come into mind. He is not only a great professional with a great career but also a person with a well-built character. It is his incomparable achievements in professionalism and leadership that attributes to his top rank in the sector. Peter currently is the Principal and Co-Chairman of Fortress Investment Group, an established leader in investment management. Fortress Investment Group was founded by Wesley R. Edens and Randal A. Nardone in 1998. The company is reputed for offering asset-based investments, capital markets, corporate mergers and acquisitions as well as operation management services. The company has been a force to reckon with thanks to its innovation mindset.

Through the leadership of Peter Briger and its co-founders, no other investment company will have the expertise to conquer Fortress Investment Group in near future. Briger joined Fortress in 2002 and was part of its management committee. Due to his diligence and experience, he rose through the ranks to manage the Fortress Credit Business. After serving as a member of the board of directors of the company, he rose to the position of a Co-Chairman in 2009. He amassed ample experience at Goldman, Sachs & Co where worked for 15 years prior to joining Fortress. At the company, his work entailed real estate and debt vehicles management. His resume also details being a member of the Board of Directors at Princeton University Investment Company.

Peter Briger has great connections all over the worldwide and especially in Asia after spending a lot of working years in the region. His links with many other companies have made it easy for Fortress to enjoy great success in the industry. Mr. Briger focus on innovation and good customer relationships has been effective ever since he joined the company. He holds a Bachelor of Arts from the Princeton University. He also attended the University of Pennsylvania where he received an MBA from the Wharton School of Business. Besides his successful career and impeccable academic background, Mr. Briger is also a philanthropist. Over the years, he has been contributing to charity events and helping the needy. He has been a reliable supporter of nonprofit Tipping Point, which is a big sponsor of low-income families within San Francisco. Peter Briger has also been financing Central Park Conservancy together with other dedicated philanthropic leaders.

Jason Hope and the Aging Frontier

Jason Hope is a well-known entrepreneur. He had his first success with a mobile communications company. Since then, he’s been able to invest in exciting startups, and focus on philanthropic endeavors. One of Hope’s particular areas of interest is biotechnology.

Hope believes that in order to improve outcomes in the healthcare field, providers need to change their whole approach to medicine. Instead of focusing on acute care and treating symptoms, Hope believes that prevention should be the primary focus of healthcare. As part of his interest in increased longevity and vitality, Hope has become a major donor of the SENS Foundation.

The SENS Foundation is dedicated to understanding aging, and how to prevent deterioration as people age. They’ve reviewed the literature on aging as we currently know it, and found that the beginnings of negative effects occur at the intracellular and cellular levels. By looking at the way cells and their organelles mutate, deteriorate and otherwise change over time, SENS is finding exciting new ways to extend life. Not only that, the Foundation is committed to enhancing the quality of people’s lives as they age.

Jason Hope is so intrigued by the Foundation’s approach to aging that he has donated over half a million dollars to the cause. Hope was impressed with the unique approach the SENS Foundation takes toward healthcare in general and aging in particular. A keen reader, Hope noticed that no matter how much was spent on traditional research, progress against cancers and heart disease remains frustratingly slow. Hope wanted to put more money into a novel approach, and see if the progress that resulted was more promising. Jason Hope’s Hard Line Stance on the Internet of Things

The key, as Hope and the Foundation see it, is to treat the whole human organism instead of specific diseases as they arise. By addressing issues such as telomere lengthening at the source, these researchers seek to prevent diseases like cancers from developing in the first place. The SENS Foundation also does research designed to address the issue of metabolic waste. As people age, waste products build up in their tissues. Resolving this problem could change the game for lifestyle medicine. Jason Hope Pledges $500,000

Jason Hope holds both a Bachelor’s and MBA from Arizona State University. A native of Arizona, he still resides in the Scottsdale area. In addition to his interest in biotechnology, he also works with the Arizona Science Center.

Richard Blair And His Ability To Secure His Clients Futures

Richard Blair of Wealth Solutions believes a solid plan is required for anyone wanting to achieve their financial goals. For this reason he provides services in wealth management for his clients. His company uses a three faceted approach so his firm can become familiar with the financial and retirement needs of their clients. Each client receives an individual customized plan.

 

The first facet is creating a road map for the financial success of the client. Their goals, strengths, tolerance for taking risks and opportunities for growth are identified. Once Wealth Management understands how their clients feel and exactly what they are looking for creating a road map becomes easy.

 

The second facet is the development of a specific strategy that will serve the customer into the future. The strategy is tailored specifically for the investment goals and liquidity required by the client. Richard will manage the individuals assets and reallocate whenever necessary to be certain he maximizes his clients portfolio. He understands the market and during periods of negativity he ensures the reduction of any negative impacts for his clients.

 

The third and final facet is about the goals of his client. He establishes strategies to make sure the clients goals are met. This includes any needs regarding insurance such as life insurance, long term care and even annuities.

 

Richard made the decision to go into the fields of advice and financial services to small businesses, families and individuals because of his background. He came from a family consisting of many teachers and was influenced because of what he learned. He saw firsthand the ability of a teacher to increase a persons knowledge and confidence. He combined this with his passion for finances and founded Wealth Solutions in 1994.

 

The firm has a reputation for giving advice that is objective and unbiased without any conflict of interest. Richard uses his skill and knowledge to give his clients the advice they need to plan for their future and their retirement.

 

Over a period of years Richard has fine tuned his vast experience in finances and retirement planning to help his clients. He understands how to bridge the wide gap between the planning stage and actually living the retirement you want. He has the ability to see and circumvent all of the common pitfalls people face. His strategies for retirement planning have been proven to be incredibly effective. His goal is to see each and every one of his client achieve a successful retirement.

 

 

 

 

Brad Reifler The Financial Guru

PR Newswire got a summary from Brad Reifler about the recent film known as The Money Monster. In his review, he compared the similarities between real life investors and the film putting emphasis on how the market can be dangerous especially to the unprepared folks who don’t expect any potential pitfalls. All investor seek minimal loss strategies, but learning that comes at a price. CEO of Forefront Capital, Brad Reifler, is well acquainted with the investment marketing.

Brad Reifler shared his views in a recent Reuters’s article on “tips that can put the average person well on their way to becoming a successful investor.” Below is a summary of the article:

Don’t invest all your funds in stock markets. Potential investors should consider the safety of their money as a crucial factor.

Build a relationship with your fund manager as it is paramount to know who is handling your funds.

Find out what is triggering you to invest in specific industries and your objectives. If a particular field is thriving, capitalize on it.

Mr. Reifler’s past experiences made him realize middle-class investors have limited investment options because the government doesn’t always accredit their plans. Currently, Mr. Reifler only focuses on non-accredited investors who are neglected by the investment world and considered as not being knowledgeable enough to participate.

After three decades the SEC has now realized that people are more interested in issues that concern investments and shareholders need protection from unpredictable investments like the stock market.

Mr. Reifler’s company, Forefront Capital, now takes the initiative of drowning the fears of investors who suffered the 2008 crisis by being a firm for the people. He holds strong faith in the idea of offering compound returns with numerous investment options for average investors who could witness a small business grow substantially.

Mr. Reifler’s History in Finance

Mr. Reifler holds a degree in Economics and political science from Bowdoin College. After college, he discovered the Reifler Trading Corporation in 1982 which was later acquired by Refco. Mr. Reifler found other companies like Forefront Capital and Pali Capital.

After 13 years as Pali’s CEO, he founded Forefront Capital. This company was as a result of support from bankers, business leaders, and trusted investment advisers. Forefront Capital maintains different lines of services like Forefront Partners and Forefront Advisory.

The Forefront Income Trust Initiative

Mr. Reifler noted that the average investors were unwilling to invest and those who wanted to do it found restrictive measures in place. To counter this, Brad Reifer started the Forefront Income Trust initiative. The program allowed unaccredited members to invest four times in a year and this spread the risk down the year.

Even as a CEO, Reifler made it his duty to educate infant investors about investing. He noted that lack of understanding and information hindered the middle income earning people from investing and with the financial crisis in 2008 causing a wealth of worries.

A Continuous Effort in the Field

Brad Reifler’s career includes more than discovering companies. He has served on many advisory boards like the European American Investment Bank. He also served as a director for lots of successful organizations like Sino Mercury Acquisition Corporation and Wins Finance Holdings Incorporated. Mr. Reifler has been celebrated for his all his efforts.

About Brad Reifler

Mr. Reifler’s career started in the 80s when he discovered Reifler Trading. The company managed millions of dollars in discretionary accounts. After garnering knowledge, Brad Reifler switched to information dissemination, institutional research, execution services, and global derivative advisory.

With years of success as an investor and entrepreneur, Mr. Reifler has achieved what most companies in his line of trade have not made. After strategically working his way to success, he now runs Forefront Capital, a company which has helped many Americans with their investments.