Category Archives: Finance Advisor

Meet The Three Principals Who Have Made Fortress Investment Group What It Is Today

When Fortress Investment Group was starting 20 years ago, it would be hard to fathom what it would turn to be today. Although some people can say that a keen eye would tell someone looking at the firm what would come of it, nobody can be certain. At least, what many know is what happened some 11 years ago when Fortress Group made the announcement about its bid to appear in the New York Stock Exchange. This IPO will never be deleted from the memory of members of the public. Since appearing for the first time in the NYSE as a private firm, things have been getting bigger and better for Fortress Group. Because you this, the number of investors has been increasing steadily. Today, 20 years after FIG was founded, there are more than 1, 750 investors who accumulatively have an investment that is valued at $43 billion.

During a recent press conference, Fortress Investment Group CEO and Founder Randal Nardone said that he attributes the progress to the strategies the principals have put in place. All the three principals namely Randal Nardone, Wes Edens, and Peter Briger have different skills. When these three guys bring together their many years of expertise, you can expect that FIG won’t sink. Instead, as Wes puts it, the firm will turn out to have thousands of people investing. For now, this private equity firm has narrowed down its scope to cover five broad areas of investments. The five facets of investment schemes are asset-based investing, corporate mergers as well as acquisitions, and capital markets. The other two guys, Peter Briger and Wes Edens have also injected enormous efforts to ensure FIG does not remain where it was several years ago.

Using their many years of experience in the field of business and management, they have proven to the world that three people with different social backgrounds can come together to form a stable business empire.  Prior to his joining Fortress Investment Group, Edens had owned and managed several high-end businesses. These must have given him a solid foundation on how to run and manage a bigger business. The three are in charge of different oversight roles, which enable then to guide and take forward Fortress Group. The CEO says that their focus for now is to ensure FIG has an even bigger number of investors. This is something they are sure to achieve as a private equity firm. “The future of Fortress Investment Group is bright. We are ready to take our chances,” Randal said in a recent press statement.

Michael Burwell, Immense Rise In The Financial World

 

Mike Burwell is the Chief Finance Officer of the Willis Tower Watson. He candidly talks about his success in the entrepreneur world. Mike Burwell starts his usual day from 5 a.m. He says he must make his bed every day even though he might travel. It gives him a sense of accomplishment. He the ride his bike and tries to think on what he wants to accomplish by on that day. He reflects on the beginning of each month, and also at beginning of each week. This behavior helps Mr. Mike to become productive.

 

Being positive and practicing relentless is one strategy that Michael Burwell always adheres to. He makes a point to celebrate always the wins with his team. Mr. Mike always assesses why they won and also why they lost and how they will work better in the future. After assessing the losses, he tries to implement, on steps he will take in making successful business deals in the future.

 

Cultivating the skills of good listening and building networks is an attitude that Mike Burwell recommends to other business entrepreneurs to embrace. Mr. Mike, equips that each individual contains something interesting about themselves, thus he advised on investing time so as to know them. Mr. Mike, always, creates time by communicating and engaging with other people so as to deeply understand them.

 

Mike Burwell believes that the micro-communities will continuously grow and the technologies to supporting the micro-communities will be the key to their growth. Mr. Mike believes that the micro-communities platform will evolve because some like-minded group of people wants to connect and also the advertisers want to reach the people. On the contrary, this is a business believe that most entrepreneurs do not have faith in, but Mr. Mike tells them to watch that space as he proves them wrong.

 

Flip board is a software that Mr. Mike uses in his business which ensures he is productive. He finds the flip board to be very effective and useful as it brings content to him on a real-time on which he browses. Mr. Mikes favorites quote is, that, there is only one place to look for leadership, that is in the mirror. InsureTech is one Trend that excites Mr. Mike InsureTech is a trend, whereby, interesting ideas start in the B to C marketplaces.

 

Mike Burwell holds a Bachelor of Business Administration from the University of Michigan States. He was named the University of Michigan states, as an Alumnus of 2010. Mr. Mike worked in the PwC (Pricewaterhouse Coopers) for 31 years. In 2012, he was elected as the VC (Vice Chairman) of the Global and the United States Transformation. He helped in building and expanding the Pricewaterhouse Coopers internals shared service.

 

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