He is one of the principals at the investment management firm. In 2006, he joined the organization’s board of directors where he works as the co-chairman. Other positions he has held at Fortress Investment Group include a member of the management committee. Peter Briger is responsible for overseeing the success of the company’s credit and real estate divisions. He previously worked at Goldman, Sachs for more than a decade. The businessman is passionate about engaging in philanthropic work and has done that through non-profit institutions such as Tipping Point where he helps people from low-income families. The entrepreneur has helped thousands of students to attain quality education through his contributions to the Caliber Schools. Read the article of Peter Briger at Forbes.
Peter Briger is an alumnus of Princeton University and the Wharton School of Business. At the institutions, he acquired valuable skills that have helped him to grow in his career. Fortress was established in 1998 as a private equity firm but has grown over the years to become one of the most reputable players in the industry. Peter played a key role in transforming the organization from private to public.
It is currently listed in the New York Stock Exchange. Under the leadership of Peter Briger has expanded its investment portfolios and that has helped it to attain the recent valuation of more than $43 billion. The assets under management are from more than 1,750 clients from all parts of the world.
Fortress Investment Group has its headquarters in New York and has a workforce of more than 900 professionals who work towards meeting the needs of their clients. Other than Peter Briger, the firm has Randal Nardone and Wes Edens as its principals. Some of the areas of specialization by the professionals at Fortress include operations management and helping its clients during mergers and acquisitions. Last year, Peter Briger was involved in the acquisition of Fortress by a Japanese firm, Softbank. The company focuses on making investments in technology. The deal was valued at $3.3 billion. The three principals at Fortress Investment were to remain at the helm of the organization.