SoftBank and Fortress: An Amazing Acquisition and Partnership

Peter Briger, a graduate of Princeton University and a receiver of his Master’s Degree in Business Administration in Wharton School of Business in Pennsylvania, principal and one of the co-chairmen of the board of directors of Fortress, a big investment firm based in the United States. Peter Briger has been responsible and accountable for the sector of credit and real estate management and business at Fortress. He has worked his way up the ladder being a part of the management commitee since 2002 and getting his chair at Fortress back in 2009. Prior to his venture into Fortress, he has built his experience and has stacked on knowledge with his work experience at Goldman, Sachs & Company where he has became a partner back in 1996. Visit patch.com to learn more.

Fortress has been recently acquired by SoftBank in its recent business venture – and all was for the purpose of becoming more successful, and striving for worldwide success and defining its name as one of the best financial management firms in the world. Along with its acquisition in SoftBank, Fortress still acts independently though it is under the umbrella of SoftBank and its leader Peter Briger still leads Fortress. SoftBank has agreed to remain hand-off with regards to the management of the assets of Fortress.

SoftBank and Fortress, together, has thrived when they have respected each others spaces in order to dictate and define which avenues they were going to hit. It is in SoftBank’s best interest to make Fortress move at its own strategies and make them pursue their own unique goals and run at its own pace – both SoftBank and Fortress will enjoy and appreciate major returns of investment because of their business arrangement and acquisition – Fortress alone operates wonderfully on its own and has produced definitive digits that pronounce their company as a topnotch finance firm – maybe this is one of the reasons that SoftBank acquired it anyway.

With their amazing partnership – and with the leadership of Peter Briger in Fortress, they are sure to prove themselves more and more in their industry and they defined themselves as one of the power players in finance management. The future is bright for Softbank and Fortress.

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