Category Archives: Business

The Success Story of Peter Briger at Fortress Investment Group

Peter is one of the principals and a co-chair of the current board of directors for the Fortress Investment Group. He is the one who takes care of credit and Real estate venture at Fortress. Before he joined this firm in March 2002, Peter Briger served at Goldman, Sachs as one of its partners. This firm was a non-profit organization that helped low-income earners in Francisco. He has worked with several other institutions in different fields which allow him to widen and extend service delivery to his customers. Learn more about Peter Briger at angle.co

His handwork to ensure that he maintains a good relationship with his clients and delivery of quality services cannot go unnoticed.

He is also a board member at Caliber Schools which is a chain of schools that is dedicated to preparing students victory in their four years course and their life after school. Peter Briger studied at the University of Princeton where He graduated with an MBA Throughout his career; he has managed to maintain his good character and reputation. He has maintained his professionalism in finance and investment for a long period of time.

Peter Briger success in entrepreneurship can be attributed to his patience and a positive mentality that makes him see opportunities in everything he does. He acknowledges the fact that for entrepreneurs to succeed in business one must stay positive. Under his leadership, he has seen the company buy assets at low prices and later sell them when the price increases. He has also seen the company buy the struggling shares and later sell them when the price stabilizes.

Under Peter Briger leadership, Fortress Company has made tremendous profits and growth and that’s how he managed to come into the limelight.

His position at the Fortress investment group was as a result of his vast experience and commitment to see to it that the organization he works in accomplishes their goals. His track record, therefore, brought him to Fortress Investment group where he has managed to see it happen. Since he joined Fortress Investment group, this firm has expanded by opening branches everywhere and achieved so much in the asset management sector.

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

 

“James River on Causes of Burnout and How To Curb Them. “

In business, burnout is a common issue that if not taken care of can cause too much damage to the business. There are a number of factors, other than the general human biology which gets saturated when it consumes too much of the same routine, that can cause burnout in a business organization. Though these factors might seem mild at first, they can quickly reduce the productivity of the team if not taken care of in time. These factors are discussed in detail by the founder, chairman, and CEO of the James River Capital Corporation.

Loss of confidence.

When your staff is experiencing a burnout, they lose faith in themselves which is indicated by second-guessing their skills and the quality of the work they present. When individuals are in this state of mind, they lose interest in an activity that previously excited them and withdraw from active participation in their daily work. The best way that management can mitigate the issue of lack confidence in the business is through motivation and assistance in achieving set goals. Once management has shown interest in their employees’ personal goals and their work, not to blame but to support, employees will start to regain their confidence and get back to the level of productivity that is expected of them. This can also be achieved by setting for them small achievable goals in the meantime.

Changes in Attitude.

Paul Saunders points out that once employees are stressed, their emotions spiral out of control and it gets easier for them to get irritable and upset in a matter of time. The change in attitude is caused by the general lack of motivation, moodiness and the actual burnout. To curb this, it’s important that you talk to your employees or create a platform that can help them communicate with you. Support your employees and help them reduce their workload so they can easily de-touch from their work outside their offices. Suggesting a new hobby as well as allowing them reasonable time off is also a nice way to go about it. Learn more: https://www.brightscope.com/financial-planning/firm/70804/James-River-Capital-Corp/

Transparency in Business Administration.

Transparency is a crucial part of the business and helps create a loyal staff. In most cases, employees expect to grow with the business since they feel like part and parcel of the business. It is, therefore, necessary that the business creates transparent channels of communication as well as promotions and rewards for the work the employee does. Paul Saunders indicated that when employees feel like they are not being considered for a promotion or that they are under compensated, the business is at the risk of burnout.

Paul Saunders has been the chair and CEO of the James River Capital and it’s affiliated from 1999 to date and has experience in running investment firms and managing hedge funds.

 

Denver-based Deirdre Baggot Helps People with Business Opportunities

Based out of Denver, Deirdre Baggot knows a lot about helping in the healthcare industry and what she can do to make a difference for people who are a part of the industry. Deirdre spent a lot of the time she was working toward a better career figuring out business options for people in different areas of business. She also knew there were things that would make it easier for her to connect to others so she could make more out of different situations. For years, Deirdre learned about what to do and how to help make businesses better. Since she spent so much time trying to help people with these options and with the right way to run their business, she knew just what to do when she started working as a healthcare businesswoman. The industry made her want to help more people and push to make sure the healthcare industry had all the right options that would give her a chance to try different things. Find out more about Baggot at Resumonk

Even when Deirdre Baggot started out, she knew there were things she could do that might make her career even better. Thanks to her hard work and the time she put into the business, Deirdre felt she had a way to make things even better for all her clients. She wanted them to see how successful she was with different business opportunities so they’d have a chance to make more out of their own careers. She pushed to make sure she could reach her goals while helping other people out with theirs.

Things weren’t always easy for Deirdre. In fact, working as a female business person in an industry dominated primarily by men, Deirdre knew she would need to be extraordinary to set herself apart from the men. She had to do something to stand out and make sure people understood she was among the best in the business. Her dedication to helping people with all their issues is something that led to her working even harder than most of the people she knew so she’d have a chance to actually give back to the healthcare industry.

Learn more: https://www.bloomberg.com/research/stocks/private/person.asp?personId=409640704&privcapId=11311527&previousCapId=11311527&previousTitle=ECG%20Management%20Consultants,%20Inc.

 

Utilizing the HGGC Agency for Private Equity Needs

Private equity firms come and go, making it difficult for you to find one that fits your needs. You will find that the HGGC agency is one of the best options available and is still one of the largest private equity firms in the industry. You are going to want to take a look at the HGGC firm to see if they can help you. The company was launched in 2007 by Steve Young as a way to help smaller businesses thrive with helpful investments put into their businesses. This is giving businesses the opportunity to grow in a way that is not costing them any money.

The way that HGGC works is by putting an investment into a company that requires some type of financial assistance. The company has over $4.3 billion in capital that they are able to put into different companies. If you feel that it is time to receive financial assistance and investments that will help you to grow, HGGC is there to help you out. They have already worked with thousands of companies and have quite a large portfolio of businesses that have thrived since they have invested their funds into these agencies. Because they are a middle market private equity firm, their customers must already have an established business earning over one million dollars each year.

If you feel that it is time to receive the investment assistance that you need, it is time that you made use of the HGGC agency. This firm is one of the best out there and can help you in a lot of different ways. You will want to take a look at this for your own needs and this can help you to make the most out of the opportunity and know that this is going to help your company to grow to where it needs to be. The firm has been around for over a decade and has still become a great choice for entrepreneurs who want to have better investments for their companies and all of the needs that they are unable to handle on their own.

https://adviserinfo.sec.gov/IAPD/IAPDFirmSummary.aspx?ORG_PK=145684

Career life of David Mcdonald OSI Group

OSI Group has continued to maintain its reputation as the fastest growing privately owned company. The firm specializes in the production and distribution of meat products and other types of food products to restaurants and other customers across the globe. David Mcdonald OSI Group has used his skills to facilitate growth in the company. He has served several roles in the company, and he continues to work together with other employees of the company to eliminate the problems that the firm faces to improve its products and maintain its great status.

David Mcdonald OSI Group has always put his eye on the agricultural sector, and while still a young boy, he always strived to identify the challenges that the sector faced with the target of coming up with better ways of handling them. His passion for agriculture led him to pursue an agriculture-related course at the Lowa State University. Having perused animal science, he got to learn a lot about both animals and plants and how useful they are to the lives of people. Besides, he also possesses diverse knowledge on human health and being a crucial figure at the OSI Group; he strives to identify the best foods that humans can consume to improve their health as well as maintain it.

David Mcdonald OSI Group has also shown exemplary behavior in the course of his leadership. Many people look up to him as their role model, and due to this, he has always put a lot of effort towards avoiding things that interfere with his excellent reputation. He exercises versatility in his leadership and with this, he has continued to adopt a change in all that he does. His diverse nature has also enabled him to handle every task that comes his way. The career of David Mcdonald OSI Group continues to thrive due to his ability to analyze the steps that the company ought to take with the target of settling for the most effective one. David Mcdonald OSI Group is also a believer in technology and innovation. He has taken the initiative of bringing inventiveness in the company to improve its production and growth.  OSI Group acquires Baho Food

Learn more about David Mcdonald

How Innovacare Health Sets The Standard For Quality Care In PR

Innovacare Health is led by President and CEO Richard Shinto, M.D. His two decades of experience with managed care and his clinical experience as a pulmonologist and internist ensure that he is amply qualified to run the managed healthcare services company. Prior to accepting his position at Innovacare, Shinto served as CEO and president of Aveta Inc. He’s also served as the CMO for North American Medical Management California, Medical Pathways Management Company and Cal Optima Health Plan earlier in his career.

Penelope Kokkinides is also part of the leadership team at Innovacare Health. She serves as the chief administrative officer. Her experience includes serving as the COO of Aveta Inc., Centerlight HealthCare and Touchstone Health. In her IdeaMensch interview, Kokkinides stressed that it is important to her to keep up with what is happening in the managed healthcare industry. She especially enjoys STAT News, which reports on healthcare from a data-driven perspective.

Both Shinto and Kokkinides have a results-oriented focus; they want their approximately 20,000 customers in Puerto Rico to receive the best care. Innovacare Health’s value-based model strives for an improved quality of care from their physician partners. Shinto laid the foundation for Innovacare when he worked for North American Medical Management and saw how the lack of operational management skills among physicians led in inefficiency. In 2003, NAMM partnered with The Straus Group, The partnership acquired MMM Healthcare in Puerto Rico, sold off NAMM and in 2012, and then officially formed InnovaCare Health. The new company grew as Medicare recipients in Puerto Rico realized the company’s patient-first model made a difference in the quality of care they received.

Innovacare Health offers two managed healthcare plans, including the popular PMC Medicare Choice and MMM Healthcare, in Puerto Rico. As a Medicaid and Medicare Advantage organization, Innovacare Health officially supports the Health Care Payment Learning and Action Network’s alternative payment models as a Committed Partner. The new payment models base a provider’s payment on the quality of care that they provide, not the number of patients that they treat. Hospitals would be paid more for improved health, not for providing more services that didn’t necessarily help the patient.

InnovaCare Health Executive Meets with President Trump to Discuss Healthcare

The rise of GreenSky as a lending partner

GreenSky Inc. is a leading fintech in the world. It provides financial solutions to the high number of customers that are in need of financial solutions. The business model offered by this company is one where merchants have an opportunity to give loans to their customers through the services of the fintech. The main customers of this model are in home improvement and health industries. Merchants offer low-interest rate loans to the customers, a factor that helps them to drive sales. A homeowner might be in need of home improvement services but cannot afford to pay the amount charged by the merchant in cash. The merchant can offer then a loan through GreenSky and allow them to get the services at no interest on the loan on the agreed repayment period.

GreenSky has been performing very well, attracting a high number of merchants thanks to the partnership between them and American Express. This fintech is simply the middleman in the business, they do not have any money to lend, but they connect the borrower to the lender. They make money through the fees they charge. They also take up the role of servicing the loan. Their charges are normally about seven percent of the amount transacted.

The partnership between GreenSky and American Express has boosted the number of merchants that operate through GreenSky. Merchants who have American Express membership can now serve their customers through the fintech’s services. This new model enables customers to purchase services or products they would not have managed in a paperless environment. There is no paperwork involved in the application of the loan.

The major obstacle to the growth of GreenSky has been the number of merchants operating through the platform. Early 2018, they only had 12,000 merchants, which is quite low for a business that would like to record better results. After the new partnership, this number has grown significantly. This fintech is attracting the attention of top investors in financial technology. They see it as the next big thing. In 2017, they moved over $3.8 billion in loan volume, which was a 30 percent increase from the previous year.

https://greensky.secure.force.com/portal/MerchantLogin

SoftBank Acquires Fortress Investment Group In Plans To Expand Business In The United States

Around 2 years ago, Peter Briger, the co-chairman of Fortress Investment Group had a talk with Rajeev Misra about making a deal for the firm. Misra had been with the company until 1914 when he left to join the SoftBank Group in a senior position. The Softbank Group is a telecommunications group based in Japan. At the time, Briger’s company was being undervalued by the markets and he knew that the best decision for its future was to go private.

Soon after this conversation, a deal between Fortress Investment Group and SoftBank was made. SoftBank was founded by Masayoshi Son who hopes to turn his company into an international leader by expanding into technology and finance while keeping their communications focus. They believe that they will be able to use Fortress Investment Group’s network to create a financial services arm for SoftBank in the United States.

The deal between SoftBank and Fortress Investment Group will include Fortress being paid $3.3 billion for their company which will give $8.08 per share to their Class A stockholders. At one point, Fortress had been valued at $13.4 billion on the market before becoming undervalued. After the announcement of the deal, their share price rose by almost 29%.

Because of this deal, Fortress Investment Group will no longer be scrutinized by the public market and will be able to make financial decisions that will be good for the company on a long-term basis. One of the areas in which Fortress specializes in is their credit funds. In addition, they also manage traditional private equity pools. They have been able to find success in their bets for subprime loans even while they were having problems with their business in hedge funds.

By buying Fortress Investment Group, SoftBank expects to be able to make a stronger presence in the United States. SoftBank’s CEO is planning on investing $50 billion into business within the United States with a special interest in startups. These plans were discussed during a visit to Trump Tower where he was able to have a meeting with President Trump. Peter Briger and Wesley Edens are staying at the company after the deal. Wesley Edens Is an Investor With an Affinity for the Underdog

LinkedIn : https://www.linkedin.com/company/fortress-investment-group

Doe Deere: From homeless to CEO

Born in Russia, Doe Deere like many in the world, saw the United States as the land of opportunity. Doe Deere recalls spending her youth watching American movies, music and marveling at mastering the English language. At the age of 17, her dream seemed to be coming true, her mother had decided to take her sister and her to the United States to finally realize and live the American Dream.

Doe Deere and her family would move to America’s largest city, New York. Doe recalls the quote, “if you can make it here, you can make it anywhere” and her goal was to make it. Unfortunately, the dream would be derailed due to her mothers accounting credentials be held back. This would force her mother to take on low paying jobs such as housekeeper, eventually, they overbearing pressure of bills became too much and Doe and her family moved into a homeless shelter in Manhattan and waiting in line at churches just to have something to eat for the day.

In 1999, a local social worker named Dorchen Leidholdt found Doe and her family, Leidholdt was a social worker pressed on aiding immigrant families who’ve fallen on hard times. With her help, Doe’s mother was able to finally find a career in accounting, her sister would go on to graduate from Colombia Universit with honors, and Doe, after Leidholdt had seen her sketches, was guided into the Fashion Institute of Technology. She recounts her struggle as an important time in her life where she learned valuable teachings in regards to staying strong and fighting through the bleakest of times.

In 2008, Doe Deere would finally see her American dream come to fruition in the form of her newly founded company “Grime Crime”. The company would become a huge success employing 35 employees and sending a message to the women of the world to stay strong and be themselves. Doe Deere thanks America for everything she gave her and reminds people that Americans don’t always start off as American, and maybe one day that immigrant will be someone that adds to the greatness of America.

http://www.doedeere.com/

OSI Food Solutions: From Chicago to the World

OSI Food Solutions is about as textbook of an example of the American Dream as one could hope to find: Founded in 1909 by a German immigrant, Otto & Sons went from being a local meat supplier and butchers shop in the Chicago suburb of Oak Park, Illinois. Otto Kolschowsky ran the place with his sons, but soon enough they were a national, and then international, success.

When the new, brash idea of franchising came onto the national scene with McDonald’s in the 1950’s, OSI Food Solutions was there with them, growing in tandem with the fast food juggernaut. As long-time reliable suppliers for McDonald’s before they adopted a franchising model, OSI Food Solutions was able to keep their pace with the growing chain and maintain their position as one of the top 4 suppliers of meat for the international McDonald’s. If you see a McD’s anywhere in the world, odds are that OSI is there with them, supplying the products eaten at McDonald’s.

Adding to this initial success was the early adoption of refrigerated trucks and shipping containers in the 1950’s as well. They saw the potential for expansion in this new- at the time- technology, and began forming their own fleet of refrigerated delivery vehicles to ship their products from their main facility in Chicago across the country.

OSI Food Solutions has received many awards for safety, specifically in the U.K. The British Safety Council gave them the 2016 Globe of Honour for safety, and in 2018 recognized them with a merit at the International Safety Awards. Since 2011, they have slid up the Forbes Fortune 500, going from spot 136 (2011) to spot 58 (2016), with over $6 billion in sales revenue.

Their international expansion has resulted in increased productivity, and they bought a Tyson Chicken processing plant in Chicago to double their output of chicken products. Other acquisitions and expansions in various countries help fuel this expansion as well, such as Dutch food company Baho Foods.

OSI Food Solutions operates 65 facilities, spread over 17 countries, and employs over 20,000 workers worldwide. They also operate a Culinary Innovation Center in Aurora. They also provide their products to such companies as Subway, Pizza Hut and Starbucks. They produce a variety of meat products from hit dogs to patties to pizzas and bacon, processing pork, chicken, fish and beef, also selling vegetables and dough products as well.