Category Archives: Investor

Why Tony Petrello’s Name Is a Sweet Melody to Many People

Good deeds will always follow you. This is a statement great business leaders like Tony Petrello know very well. As a seasoned business leader, Tony has done a lot for his business and the community at large. He serves at Nabors Industries as the CEO, president, and board chairman. Nabors Industries isn’t just a major supplier of gas and oil in Houston, but also in other parts of the country. The company also supplies its products to the Middle East, Africa, and the Far East among other places. Without Tony, Nabors Industries would not have obtained the success and fame it has achieved today. Business leaders like Tony are worth much recognition due to their pivotal contributions.

Tony served at Nabors as a competent chief operation officer in 1991 when he joined it. He was committed to the department he was working in until the top management couldn’t have ignored his spectacular contributions. The top executive leaders believed in his leadership and the business skills he showed while working as a junior employee there. In 2002, Tony Petrello became the president of Nabors Industries. He became the deputy chair of this company in 2003. He rose to the top rank in 2012 when he became the board’s chairman and CEO.

Besides being a director at Nabors Tony Petrello is also a director in some other great companies and health facilities. He has been a director of Texas Children’s Hospital, Stewart & Stevenson, and MediaOnDemand.com. Tony is an astute lawyer with a Juris Doctorate from Harvard University. He also went to Yale University for his studies in Mathematics. He graduated with a degree in this subject and a master’s degree. He joined a law firm, Baker & McKenzie, in 1991 and became a partner. In every place Tony ever worked, Tony Petrello left a tremendous legacy.

Although Tony Petrello has a great career and numerous achievements, he always gives back to the community. It’s a philosophy Tony cannot deny. He gets massive support from his wife Cynthia in supporting charity organizations. His wife has been to different philanthropic missions, and this has attracted numerous awards and recognition her way. As a couple, Tony and Cynthia have come up with a non-profit organization called Petrello Family Foundation. This organization focuses on the needy children, healthcare, and education.

Learn More: www.ckwluxe.com/cynthia-petrello-full

The making of Peter Briger.

When he first walked into Princeton, he may not have realized what a defining moment that was, this however would change when Peter Briger graduated with his B.A in 1986. Princeton to this day is one of the most important places to him and this has been shown in his continuous and generous contributions that he continues to give. When the Princeton Entrepreneurship Advisory Committee came calling he was ready and would help establish the Alumni Entrepreneurship fund which helps others to finance their startups. Peter Briger understands the need to have a very strong entrepreneurial spirit in the school and driving it towards the Princeton entrepreneurial way. This will ensure that in years to come Alumni from the school will be captains of industry, investors and potential employers.

This understanding is what has made Peter Briger on of the most influential business minds in America. He began his career at Goldman Sachs, where he nurtured his love for business and deal-making to new levels. He would then hone these skills by attending the prestigious Wharton School of Business where he learnt much more. His 15 years stay with Goldman would prove to be very instrumental to both the bank and his own career.Those he worked with recognized his leadership abilities and by 96 he had made partner. It did not take long for Fortress investment group to notice this potential and he joined the team. This happened in 2002 at a time when Fortress investment group was growing rapidly. Having started with 400 million they were at the thirty billion mark and growing.

Peter Briger realized this was the kind of growth and ambition, he craved and as such rose through the ranks quite fast. By 2006 he had joined the board of directors and would help Fortress go public in 2007. This was no mean task as the group was already managing assets worth about 70 billion dollars. Lehman Brothers and Goldman Sachs were underwriting the IPO at the time. This was an area he was already familiar with and everything went on quite smoothly. The IPO would create the first billionaires for Fortress including the co-founders. The leadership skills of Peter Briger have been not only useful at the Fortress Investment Group but also applicable in other boards where he is a member. He hopes to continue mentoring younger entrepreneurs while at the same time growing Fortress.

Unprecedented Growth of Fortress Investment Group

In 1998, three gentlemen contemplated creating a unique type of investment management firm that would raise equity fund and invest it in cutting-edge vehicles. The three gentlemen; Wesley R. Edens, Rob Kauffman, and Randal Nardone, founded Fortress Investment Group which was only a private equity firm. Later, the form grew into a large alternative asset business that manages alternative investment strategies for its clients. Currently, Fortress manages private equity, hedge find, credit fund, permanent capital vehicles and other traditional asset strategies.The operations of Fortress Investment Group has been divided into three segments; credit, permanent capital vehicles, and private equity divisions. The section constitutes of Fortress Credit Opportunities Funds, Fortress Real Estate Opportunities Funds, Drawbridge Special Opportunities Funds, Drawbridge Real Assets Funds, Fortress Japan Opportunity Funds, Fortress Secured Lending Fund, Fortress Japan Income Fund, and the Drawbridge Long Dated Value Funds. The division was launched in 2002 after the arrival of Peter Briger, who is currently the chief of the segment; alongside Dean Dakolias, who joined Fortress in 2001.

The investments in this class are global and concentrate more on illiquid and distressed credit investments and also on the undervalued assets.The private equity section mainly focuses on the generation of cash flow. The division is led by Wes Edens and Randal Nardone. The operations of this section catapult by the extensive expertise of Fortress Investment Group in the management of assets from all economic sectors; be it healthcare, transport, energy and infrastructure, and the financial services industry.The other division is the permanent capital vehicles segment. What dominates this section is the management of the permanent capital vehicles that are traded publicly. These are the Fortress Transportation and Infrastructure Investors LLC, New Residential Investment Corp., Eurocastle Investment Limited, New Media Investment Group, and the New Senior Investment Group. All these entities concentrate their investments on senior housing in the United States, real estate related assets in Italy, local media assets, transportation infrastructure, and residential real estate.

About Fortress Group

Fortress Investment Group is an alternative asset investment manager headquartered in New York. It’s currently the leader of the investment management globally. The firm manages a total of over $60 billion in assets for its international clients who are both private and institutional investors. The company has immensely grown over the years, leading to the opening of new headquarters in San Francisco, Shanghai, and Singapore. Fortress has also increased the number of its employees and professionals to over 900; to enable the firm smoothly run its operations globally.

Igor Cornelsen: An Outstanding Life of Business and Education

Igor Cornelsen is an educated, wealthy man who has accomplished more in his lifetime than most. He is a trade investor with his own firm. He is sought out for advice by all when it comes to trading and finances. Of course, it did not come to be this way overnight. He had to start from the bottom like everyone else. The difference with him was his business mindset, his drive, and above all, his determination to persevere. He had obstacles come his way, but he drove right through them as if they didn’t exist.

It is this that has earned him a reputation in the trading world and given him a good name. Igor Cornelsen was born the fourth of October in Curitiba, Brazil. He had a good childhood then grew up and decided as most do, to attend college. He studied engineering, but ultimately grew more interested in economics. He was great with math and this made him the ideal student. He learned vast amounts before graduating in the year 1970. From here, Igor went on to find his career in investment banking. He was employed at a host of investment firms where he established a new reputation for himself proving his worth by showing what he knew.

His gift with numbers and math set him apart from many others. He eventually became a Chief Executive Officer of a company Multibanco. However, shortly after, they were aquired by the Bank of America and Igor had to move on. It didn’t really affect his career though. He now had the experience of being a leader and had established himself as one of the top trade investors. It was easy for him to find a new bank to work for. He moved on to Libra Bank which was based out of London. He stayed here for quite a while before moving on. It was in 1995, he decided to start his own investment firm and he was a huge success. Igor Cornelsen today invests as his hobby and enjoys giving advice to those who seek it from him. He is a success in every sense of the word.

Find out more about Igor Cornelsen: http://frenchtribune.com/teneur/25704-igor-cornelsen-giving-three-valuable-tips-invest-growing-foreign-market