Hometown Journey

How Peter Briger Has Succeeded At Fortress Investment Group

Fortress Investment Group LLC is a multinational investment manager. It was one of the biggest alternative asset managers in the world with about $43.6 billion in assets under management. This firm was founded in 1998 in New York City. One its top executives is Peter Briger who is a principal of this firm as well as the co-chairman of its board of directors. He is a graduate of Princeton University and the University of Pennsylvania.Peter Briger works at Fortress Investment Group’s San Francisco, California, offices. He was elected to this company’s board in 2009 and has been with it since 2002. His main role at Fortress Investment Group is to operate its credit fund and real estate sides of the company. Prior to working at this firm he had worked for Goldman Sachs Group, Inc., for 15 years.

Throughout his career his primary specialty in the financial industry has been buying distressed debt. While he had worked at Goldman Sachs, Peter Briger had co-developed their Special Situations Group. This group, which was founded in 1997, has often been named as the main source of Goldman Sach’s revenues and profits since that time. When Peter Briger had worked at Goldman Sachs he handled a lot of distressed debt from around the world. This is debt that nobody else wants to buy but which he sees as a great opportunity since he can often buy it for pennies on the pound.

Among the debt he had bought there was a South Korean alcoholic beverages firm, a power plant in the United Kingdom, and a commercial aircraft company based in South Korea. He says that after the financial recession hit he found a lot of great opportunities. He says that banks and governments had to sell off anything they perceived as a risk of default which he was more than happy to scoop up for Fortress Investment Group.Peter Briger is a philanthropist who has helped a number of San Francisco-based charities. Among these is Tipping Point for which he serves on its board of directors. This nonprofit provides services to low-income families. He is also on the board of Caliber Schools which runs a number of charter schools. Additionally, he has a leadership position for the Global Fund for Children which helps impoverished children around the world which supports the rights of children and helps those in poverty.

Fashion Mogul Chris Burch: Serial Entrepreneur, Hotelier And Committed Philanthropist

Entrepreneur Christopher Burch is Burch Creative Capital’s founder and CEO. For the past 40 years he has been investing in a wide range of industries including many luxury and technology brands. Burch’s entrepreneurial career began in 1976 while he was working on his bachelor’s degree at Ithaca College (bjtonline.com).  It was then Chris Burch and Bob, his brother, each invested $2,000 and started a clothing company called Eagle’s Eye. They began selling sweaters door-to-door. The company grew exponentially and was wildly successful. Eventually they sold it for $165 million to the Swipe Group.

Chris Burch then became one of the Internet Capital Group’s earliest investors. He also went on to become a major investor in a large number of companies including Voss Water, Jawbone, ED by Ellen DeGeneres, Cocoon9, Bur+Mah, TRADEMARK and Poppin. Burch also became involved in real estate ventures throughout the United States including building luxury homes in Southampton, New York, Palm Beach, Florida and Nantucket, Massachusetts. Chris Burch also partnered with hotelier Alan Faena and architect Philippe Stark to develop Faena Hotel + Universe on underutilized land in Argentina.

In 2012, Chris Burch and his partners acquired an Indonesian island called Sumba. They then spent $30 million to transform it into a five-star luxury resort they call Nihiwatu. Opened in 2015, Nihuwatu has been voted the world’s best resort several times. The property features 27 private villas, private plunge pools, indoor-outdoor entertainment area, horseback riding, a blue lagoon, waterfalls, jeep and horseback safaris, spa treatments on the beach or in your villa, daily personalized yoga sessions, two-story tree houses, surfing lessons and spectacular views of the beach and the Indian Ocean.

One reason for Chris Burch’s success is his unique ability to identify the nexus between implementation and innovation. He also has seems to have an intuitive understanding of the needs and the behavior of consumers. Plus, he knows how to use his superior direct-to-consumer channels and sourcing infrastructure to get spectacular results (ideamensch.com). It is a talent he has developed during his four decades of involvement in entrepreneurship.

In addition to his entrepreneurial activities, Chris Burch is also a committed philanthropist. He contributes to philanthropic and research initiatives at and is involved with The Henry Street Settlement, Mt. Sinai Hospital, The Child Welfare League of China, The China Association of Social Work, The Sumba Foundation, NYU Langone, the Pierre Hotel Co-op Board and the Rothman Institute Orthopedic Foundation.

For contact details, visit http://www.burchcreativecapital.com/contact/

Chris Burch: The Innovation Enthusiast!

Famous fashion contender Chris Burch takes a leap into a new industry: hospitality. Mr. Burch has had many successful ventures under his business Burch Creative Capital. He leads the way with his illustrious creativity and innovation in building quite a diverse portfolio. Mr. Burch has tested the real estate waters earlier by investing in several domestic and international excavations. He developed luxury homes in Nantucket, Palm Beach, Florida, and Southampton. As of recent, Chris Burch has taken the luxury hotel industry to another level by leaps and bounds! This came about with the purchase of a beach hostel situated on the pristine coastline of the Indonesian Island called Sumba in 2012 (businessinsider.com).   He and hotelier James McBride bought the locality and invested $30 million in renovation costs. The duo transformed the hostel into a posh five-star resort called Nihiwatu in 2015. Mr. Burch invented the unexpected. He transformed the beautiful unencumbered palette into a new luxury experience. It comes as no surprise that Nihiwatu was voted the best hotel in the world by Travel + Leisure in 2016.

Chris Burch reveals that the hotel purchase was done with his children in mind and for the preservation and giving back to the Sumba community. He generously gives a portion of the hotel’s profits to the Sumba Foundation which aids local efforts. Entrepreneur Chris Burch imagined an opportunity to create something different and memorable. Hence, building spas under waterfalls, seeing sights never explored before, and having butler services in every room are just the tip of the iceberg for this exclusive location. Mr. Burch spends a lot of his time between Miami, the Hamptons, and his high-end Sumba Resort, see architecturaldigest.com. Nihiwatu boasts of 27 private Villas including Raja Mendaka, Chris Burch’s personal home which has four additional villas, each with a separate plunge pool.

Chris Burch, a 40-year fashion, and entrepreneurial vet have been responsible for the rise and triumphs of more than 50 established businesses including internationally known retail brands C. Wonder and Tory Burch (bjtonline.com). Mr. Burch has experienced many successful impacts through understanding consumer behavior and via his international and direct sourcing involvements. Chris Burch is the founder and CEO of Burch Creative Capital. The brand is currently leading and supporting markets ranging from retail, apparel, home furnishings, hospitality, organic foods, and technology industries. The company’s investment style is directly a representation of Mr. Burch’s cultivation of creativity, vision, and values.

Connect at https://www.linkedin.com/in/christopher-burch-116531123