Finance Expert

One of the largest private equity firms, Fortress Investment Group.

Fortress Investment Group is a global leading firm in investment management based in New York City. It was founded in the year 1998 by Wes Edens, Randal Nardone, and Robert Kauffman.The firm mainly deals in private equity, traditional asset management, and liquid markets. Randal Nardone is the interim Chief Executive Officer of the firm. He was appointed to the post after Daniel Mudd voluntarily stepped down in the year 2011.Mudd had been selected to the position in 2009. Wes Edens is the principal and co-chairman of Board of Directors. He shares the post of co-chairman with Peter Briger. The firm began in 1998 with an initial investment of $400 million.It has since grown to operate in real estate, hedge funds, and debt security. These operations are headed by Peter Briger and Michael Novogratz who have extensive experience in fund management.Fortress Investment Group was enlisted in the New York Stock Exchange in the year 2007.

It became the first large-scale private equity firm to be traded out publicly. The firm has won many awards including Management Firm of the Year from HFMWeek, Hedge Fund Manager of the Year from institutional Investor and Credit Focused Fund of the year. The firm controls over $70 billion of assets under management. This is distributed across private equity, traditional assets management, and liquid markets. It has a highly skilled and experienced staff of about 2600 employees. Since its inception, Fortress Investment Group has acquired a couple of other companies. In 2006, it acquired Canadian ski resort Intrawest. On November 2006, it went ahead to purchase RailAmerica corporation at $16.35 per share.

After buying the RailAmerica in 2006, Fortress Investment Group sold it in 2009 through the initial public offering. Penn National Gaming, Springleaf Financial, Eurocastle Investment Limited Alea Group Holdings, Global signal and Green Tree servicing are some of the other portfolio corporations under Fortress Management Group. The firm is specialized in asset-based management in its businesses and diverse asset types. Its expertise ranges from the pricing and financing of investments to the oversight and management of both financial assets, these include real assets and capital assets. It also has high expertise in corporate mergers and acquisitions. It was largely involved in the 2010 winter Olympics. The company was the major lender of Millennium Development Group. It funded the MDG in the building of the $875 million athlete village in False Creek, Vancouver in British Columbia.

Michael Burwell

Businessman Michael Burwell

Michael Burwell is a businessman who has spent over 30 years working for Pricewaterhouse Coopers. He has his bachelor’s degree in business administration from Michigan State University. He is also a certified public accountant. Michael Burwell is a person who goes above and beyond in anything he does and he was even named student of the year. During his time in school, he always showed that he had a goal in mind and he stayed determined to achieve it. He recently transferred over to Willis Towers Watson. This company was very excited to have him join.

 

Michael Burwell has an extensive year of professional financial experience and has over 11 years of experience in auditing. He also has 12 years of experience in the transaction field. The Chief Executive Officer at Willis Towers Watson, John Haley, was very excited to have Michael Burwell join their team. John Haley knows about how experienced Michael Burwell is in this field and knows that he is still not at his highest potential.

 

Michael Burwell has expressed how excited he is in becoming a great part of the team at Willis Towers Watson. He knows he is capable of integrating his experience and helping this new company reach success. The success that Michael has been able to create has been because of his organizational skills. He is a very organized person. In an interview, he explained that he starts his day at 5 am and he plans out what he needs to do throughout the day. This helps him stay on track of important things he needs to accomplish.

 

Michael Burwell is also a person who values others and he makes sure that other’s opinions are heard. Even though he is very successful, he still always finds a way in order to improve and become a better person. He takes the time to listen to his employees and makes sure that their opinions do not stay buried. However, he is also aware that he cannot please everyone nor make everyone happy. He is a person who stays committed and dedicated in achieving his goals in order to be able to give back to others. Read This Article for additional information.

 

 

See Also: https://globenewswire.com/news-release/2017/08/21/1090621/0/en/Willis-Towers-Watson-announces-new-Chief-Financial-Officer.html