Category: Financial Expert

Gareth Henry’s Acumens on the Private Credit Sector

Gareth Henry is a respected figure in the world’s investment industry. He serves prominent investment management firms like Fortress Investment and Angelo Gordon. In his free time, Gareth Henry uses his management and actuary prowess to create awareness on convoluted investment issues.

Recently the investment expert posted an insightful article that shed light on the private credit sector which has been consistently growing since the 2008 recession. In the article, Gareth claims that the private credit sector has developed to be one of the significant sources of business financing.

The private credit sector could outwit the traditional bank financing. Why?

  1. The private credit sector has client-friendly credit terms

Gareth Henry claims that private creditors are gaining excellent traction in the investment and financial industry since they have reasonable credit terms. Most of the private creditors offer financing plans that are tailored according to the unique needs of each client.

Unlike the private creditors, banks have strict financial policies that lockout young businesses, and entrepreneurs with a weak credit score from securing a business loan. Gareth Henry says that the banks’ lending policies became stricter after the 2008 -2009 economic crisis.

  1. Most companies wouldn’t want to go public

According to Gareth, most entrepreneurs prefer private sector funding because they wouldn’t want to go public. Entrepreneurs claim that public companies are subjected to periodical accounting disclosures and the quarterly reporting that can affect a business’ productivity.

For instance, the quarterly reports expose a company’s weaknesses, thereby driving investors and potential partners away.

What are the downsides of private creditors?

Just like any form of loans, Gareth claims that private credits have various downsides that you ought to take into account when shopping around for a deal. The financial expert claims that some forms of private credit have exorbitant interest rates which can overburden entrepreneurs.

For instance, mezzanine loan, a debt/equity hybrid loan offered by most capitalists can have an interest rate of up to 10%. On that account, entrepreneurs should shop around for a funding scheme that they can manage to repay within the stipulated time. To know more about him click here.

The Great Contribution of Peter Briger as an alumnus of Princeton University

Peter Briger is one of the billionaires in the world who has remained determined to eradicate poverty in the society. Although he is a billionaire, Briger understands the importance of the less privileged members of the community, and he has devoted a lot of efforts in trying to improve their lives. He understands that the less privileged individuals could still make it in life if they were offered the opportunity to improve and get better economically. With this understanding, Peter Briger has set aside some funds that he uses for philanthropic activities that are directed towards alleviating poverty from the American society. One of the activities which he focuses on is the provision of education to children from these families. By so doing, he believes that he creates strong pillars that could support the families in the future.

In the list produced by Forbes indicating the top billionaires globally, Peter Briger appears among the top 400 individuals. The beauty of his wealth is how he acquires it. Briger works at the Fortress Investment Group where he is the CEO and a co-principal of the organization. He joined the company in 2002 when he was recruited to manage alternative investment strategies for the company after the founders of the organization had decided to expand it. To get to the list of top global billionaires, Peter Briger manages investments and assets on behalf of investors from all over the world at Fortress Investment Group. However, the kind of dedication and zeal that he portrays in his management work earns him enough wealth to put him in the respectable position that he stands at the moment.

Peter Briger is one of the alumni of the University of Pennsylvania and the Princeton University. However, he is more attached to the Princeton University where he pursued his undergraduate degree and graduated in 1991 with a bachelor’s degree in business administration. Since he joined employment to start his career in finance and investment management, Briger has remained close to the institution and even participates in events that are held by the alumni of the university with the aim of raising funds to support education for the underprivileged students.