Most of the financial organizations have been known as the centers of excellence, especially when it comes to formulating strategies and policies that help the entity to continue getting a significant amount of profits while other organizations in the same industry are recording losses. However, Peter Briger has introduced some strategies and policies that have made Fortress Investment Group to be known as one of the most opportunistic financial organization in the industry.
Speculating is an essential strategy that many organizations have been using with the sole aim of increasing the amount of income that they usually record. However, not all companies have the necessary framework and human capacity to speculate and come up with some strategic plans that would enable them to get profits. However, Peter Briger has been able to come up with some strategic ideas that have allowed Fortress Group to be opportunistic enough and record profits.
One of the main strategic plan that the organization has embarked on is ensuring that the company purchases those assets that are deemed obsolete and low in value. The company, through the assistance of Peter Briger, has been able to buy a large number of such assets, especially from the government and other private investors. Some of the properties that the company has acquired include old railway lines that are no longer in use and old factories that have already closed down their operations.
It is common knowledge that the economic downtime in the country had caused some companies to fail and close down their operations. All the old factories and the rail lines that were not operational were sold at discounted rates to the company. However, the entity would later sell all the assets to other organizations and even the government itself after the economy received huge financial injections.
Peter Briger is also credited by championing the strategy of acquiring some assets from the companies collapsing due to the financial market crash of 2008. Most of the assets acquired at this period were acquired at discounted rates because the companies wanted liquid cash to sustain their operations. However, the company would later sell the assets after the economy stabilized at huge returns. Peter Briger Jr: Fortress Investment Group’s King of Debt
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