Peter Briger is a principal of Fortress Investment Group and one of its two co-chairman of the board of directors. He lives in the San Francisco Bay Area and is known for his expertise investing in debt and in real estate. Prior to working for this company he has been with Goldman Sachs for a decade and a half. He is well versed in the Asian financial industry and used that knowledge to help him make good investment decisions in that part of the world.
The two main types of debt he invests in are distressed debt and illiquid investments. During his time at Goldman Sachs he gained a lot of experience in these types of investments and additionally he took on roles in management and operations. He left in 2002 in order to join Fortress Investment Group, a company that had been founded four years earlier. Peter Briger was heavily involved in taking this company public five years later. It now manages over $65 billion in assets and counts large investment firms and private investors among its customers.
For several years of his career he lived in New York City. During Peter Briger’s time there and afterward he has been a philanthropist. He donated over $600 million to maintain Central Park, for example. He now supports a number of San Francisco charities which are working to reduce poverty and help at-risk kids stay in school and complete their education.
Peter Briger is a graduate of Princeton University, earning his bachelor of arts degree there in 1986. He also has a master’s of business administration which he earned at the University of Pennsylvania’s acclaimed Wharton School. His education and experience in the financial industry have led to him taking a leadership position in a number of organizatoins. He is on the advisory board for CNBC, for example. He is also on the board of advisors for the Center for A New American Security. Peter Briger is also a board member for Tipping Point Community which is a San Franciso-based nonprofit. Gift From Alumni Supports Princeton Entrepreneurship
As the co-founder and president of Highland Capital Management, James Dondero knows how to gracefully navigate through the complex world of investing. Recently, his firm reached a cooperation agreement with RAIT Financial Trust, and it looks like the new agreement will work out well for all involved. A real estate investment trust, or REIT, RAIT Financial Trust provides commercial real estate financing throughout the United States. The gist of the new agreement is that following the certification of the vote at the annual shareholders meeting, a new trustee will be appointed. The trustee will be one of two candidates who have been recommended by Highland Capital Management.Before delving more into the cooperation agreement between Highland Capital Management and REIT Financial Trust, let’s consider the background of this development. First, it helps to understand what Highland Capital Management is and James Dondero’s role in the firm. Highland Capital Management is what is known as an alternative asset firm. Founded in 1993 by Dondero and Mark Okada, it was originally based in Los Angeles but has been headquartered in Dallas for many years now. In the years since its founding, Highland Capital Management has enjoyed many successes–and many of them are directly credited to James Dondero.
So, who is James Dondero? If you know anything about the world of finance and investing, you are surely familiar with the name. Born in Hoboken, New Jersey, the 54-year-old Dondero hit the ground running with his career many years ago. He attended the University of Virginia, where he studied accounting and finance. Originally, Dondero was interested in real estate investing. Within five years of graduating from UV, however, he was managing $1 billion in fixed-income assets for American Express. Since then, he has been involved in many prominent deals and has made a major name for himself.In addition to having an educational background in accounting and finance, James Dondero has more than 30 years of experience in the credit market. He is regarded as being one of the early pioneers of Collateralized Loan Obligations, or CIOs. Dondero is a Certified Management Accountant, or CMA, and he has earned the right to use the Chartered Financial Analyst, or CFA, designation. Today, he serves on the board of directors for American Banknote and MGM Studios. He is also chairman of the board of CCS Medical Corporation, NexBank and Cornerstone Healthcare. One thing’s for sure: He always has plenty to do.
Highland Capital Management’s dealings with RAIT have been going on for some time. Ultimately, the alternative asset firm possessed considerable holdings in RAIT Financial Trust. According to filings made with the Securities and Exchange Commission, Highland owned 5.9 percent, or 5,282,377 shares, of the trust. RAIT is best known for its innovative CRE lending platform that provides personalized lending solutions. Highland moved to acquire the fund, but there was back and forth for a while. In early 2017, a cooperation agreement was finally made, and it looks like there is a definite plan in place.What does the plan look like? Essentially, it means this: After the certification of the vote at the 2017 Annual Meeting of Shareholders, RAIT will appoint a new trustee to the Board of Trustees.
This new trustee will be one of two candidates that have been recommended by Highland Capital Management. In this way, James Dondero and the team believes that RAIT and HCM will be able to work and collaborate effectively together. It is believed that the cooperation agreement will strengthen the RAIT board and do a lot of good for a lot of people.It will be interesting to see how things progress with Highland Capital Management and RAIT Financial Trust. With James Dondero at the helm, however, you can be sure that everything will work out perfectly. Dondero has a very impressive track record, including the fact that as Chief Investment Officer of Protective Life’s GIC subsidiary, he grew the firm from a startup to a $2 billion company in the space of just five years. That is just one of many examples of the great successes that have been achieved by the talented Highland Capital Management co-founder and president. Stay tuned for more developments about the cooperation agreement to see what happens next. You can also visit his social media website : https://www.linkedin.com/in/jamesdonderohcm
One of the most interesting sections of banking is the investment banking industry. While the investment bank has its roots in the banking industry, a regular person may not use services offered by investment banks for banking. The reason is that many investment banks have specified banking services separate from that offered by conventional banks. People that deal in investment banks earn significant money or have an impressive net worth. Investment banks are companies geared to assist investors in the high-end market. Most deals involved in the investment banking industry have a minimum of six figures. Most of the banking services provided by investment banks provide assistance to funding, mergers and acquisitions, and business deals. Investment bankers seek to help people that want to venture in the investment industry. They handle all the money and investments by their clients.
Martin Lustgarten is an investment banker who runs his investment banking firm. Martin has shown interest in the investment banking industry through his hard work and passion. He has earned the praise of many clients from different parts of the United States, especially in Florida. Apart from his interests in the investment banking industry, Martin is always passionate about helping others. He has helped many people that do not know how to invest and save money for their future. By working hand in hand, he has helped many develop a solid financial plan.
Through his investment banking company, many people have built their success on the investment industry. Martin has shown a proper understanding of different investment strategies critical for the success of any business. He has shown a clear understanding of the investment industry and how it works. Most of his clients stop by to hear several thoughts on the financial markets. Martin finds this a great way to interact with most of his clients. That is one of the many reasons why people love to work with him. Martin is highly active on several social media platforms. He uses the platforms to update clients on possible lucrative investments and his business operations. Although the investment industry can seem difficult at first, a good investment banker should make everything simple.