Fortress Investment Group was the first sizable private equity firm to list on the New York Stock Exchange, and its prosperity has brought it international popularity. Renowned business leader and President of Fortress, Peter Briger, is considered a key contributor to this success. He has also been listed in top 400 business professionals worldwide by Forbes.
Peter Briger acquired his bachelor’s degree from Princeton and a master of business administration from the University of Pennsylvania Wharton School of Business. He then began his career at Goldman Sachs working various management, operational and leadership roles. Briger gained immense experience at the investment banking company and developed skills in distress debt, real estate, foreign investments, loans, and trading. In his 15 years there, he attended the Global Control & Compliance, the Asian Management Committee and the Japan Executive committee which shaped him into a professional leader. His commitment to the company then saw him become a partner where he served till in 2002 when he left to join Fortress as co-CEO.
About Fortress Investment Group
Fortress Investment Group is a universal investment management firm that handles over $43 billion of assets for more than 1750 financiers in hedge funds and private equity. It was founded in 1998 and has its headquarters in New York. It specializes in: operations management, asset-based investing, capital markets, corporate mergers and acquisitions, and sector-specific knowledge of companies and institutions.
Peter Briger at Fortress Investment
Peter Briger joined Fortress as a member of the Management Committee in 2002. He leveled up from that position to launch and oversee the Fortress Credit branch which has about 300 employees. Apart from that, he has also served several roles at Fortress Investment Group. He is not only the President but the Principal and Head of Credit and Real Estate Business. Since 2009, Briger has been the co-chairman of the board, and before that, he was serving as Director from 2006. He is based in San Francisco.
Aside from work, Peter Briger is a frequent donor of several charity institutions in the US. He also supports a global fund for children known as Silicon Valley Council. Briger also serves on a nonpartisan organization, Council on Foreign Relations and is a board member for an organization that aids low-income families in San Francisco known as Tipping Point. He has also spent about $600 million in support of the Central Park Conservancy.