Being delisted from the New York Stock Exchange is not something that most companies would get. excited about, but so far it has been good news for Fortress Investment Group. The alternative asset management firm was bought by SoftBank at the end of 2017 and has been making business decisions that are more conducive to growing long-term instead of making their shareholders happy. The company has been known for its unique investment decisions since its founding in 1998 by Rob Kauffman, Randal Nardone, and Wes Edens. While Wes Edens and Randal Nardone are still Principals of Fortress Investment Group, Rob Kauffman has left the company to pursue other opportunities and Peter Briger was named Principal.
Peter Briger first joined Fortress Investment Group in 2002 as a member of their Management Committee. He was then named to the Board of Directors in 2006 before being elected to Co-Chairman in 2009. Before Briger began working at Fortress Investment Group he had been with Goldman Sachs for a decade and a half and had been named Partner of the firm since 1996. He graduated in 1996 from Princeton University before attended the Wharton School of Business at the University of Pennsylvania where he earned his MBA. In addition to his positions at FIG, he is part of the Board of Advisors at Center for a New American Security, an Advisory Board Member for CNBC, and a Board Member of Tipping Point Community.
SoftBank was able to complete its purchase of Fortress Investment Group for $3.1 billion but they have allowed the firm to operate essentially independently. SoftBank had expressed an interest in becoming a leader in the world of finance and the purchase of FIG allowed them access to the years of experience that the company has. They are known to be innovators who are well-versed in adapting to changes in the market. The company was private for almost a decade before going public in 2007 with an IPO on the New York Stock Exchange. With the changing regulations and conditions of the market with public companies, being purchased by SoftBank has been a mutually beneficial arrangement.
Learn more about Fortress Investment Group: https://www.fortress.com/contact
James Reese spent 25 years serving his country in the U.S. Army. When he retired in 2007, he decided to get into business and founded TigerSwan. While he was a commander in the military, he earned being called one of the best operations specialists in modern time. He was a decorated combat veteran.
From Army To CEO
When he retired from active duty to open his TigerSwan business venture, he was asked what lessons he took from his time in the military that would help him grow his company. He answered by saying that being a good listener was something everyone should strive towards. Second, he feels it is more important to be an active listener over being just a good listener. Third, he feels that those in charge need to actively take charge and those who are followers should be loyal to their leaders.
Currently, TigerSwan has more than 300 employees in over 50 countries around the world. James Reese has leadership skills that are not easy to match. His company employs disabled veterans. He spoke of the many nights he spends up crying and worrying about his employees. They all have lives and responsibilities to take care of and he feels somewhat responsible for ensuring they have what they need. Many veterans have a difficult time reacclimating to civilian life. TigerSwan is Reece’s answer to that.
Servant Leader Of TigerSwan
Jim Reece considers himself a servant leader. He is passionate about serving those around him and feels it is an honor to help veterans get the chance to use the skills they learned in the military in the private sector. He genuinely feels TigerSwan is a unique type of company that offers guidance without micromanaging.
Who Is James Reece?
Born in Panama, Reece is married with two children. James Reese founded TigerSwan in 2008. He has grown the company into the top mitigation and global risk management consultancy. He accomplished this by successfully developing and implementing innovative ideas for the protection of personnel, materials, equipment, infrastructure and brand. After serving for 25 years in the military, he retired as a Lt. Colonel.