A Peek into the Successful Career of Peter Briger, a Co-Principal at Fortress Investment Group

Peter Briger is an entrepreneurial bigwig, having worked his way to become one of the top 400 successful entrepreneurs in Forbes. Since coming into the financial market and the investment world, Pete Briger has proved himself to be a capable leader and an enthusiastic professional.Currently, he is a principal as well as the Co-Chair of the Board of Directors of the Fortress Investment Group, a global asset management company with virtually $41,4 billion of assets under its management. The company manages more than 1,750 companies and individual investors all over the world across the real estate and credit sectors, private equity as well as capital investment tactics.

Headquartered in New York, the company was founded in 1998 as a privately-owned private equity company. Since its founding, the asset manager has been a trendsetter; something that was mentioned when the company opens its doors to the public during its Initial Public Offer (IPO) on the New Yoke Stock Exchange. Currently, the firm has employed 900 staffs.Peter Briger sits as a principal alongside two other co-principals: Wes Eden and New York’s Randal Nardone.

Career Before Fortress Investment Group

Before becoming a member of Fortress Investment Group, Peter Briger had spent almost two decades working with Goldman, Sachs & Co. In 1996, Pete became a partner. While at Goldman Sachs, he sat in several committees. These include Global Control and Compliance Committee and the Asian Management Committee. Also, he also sat in the Japan Executive Committee. To stretch his leadership portfolio, he served various leadership roles including the Special Opportunity Fund LLC (Asia), Asian Real Estate Private Equity trade, the Asian Distress Debt sector, the Fixed Income Capital Investment Group, and the Whole Loan Sales and Trading environment.Peter Briger joined the company in 2002 and became a member of Fortress’s Management Committee.

He created and now oversees operations in the Fortress Credit division. The department employs 300 staffs and focuses on undervalued or distressed assets and illiquid credit businesses.Aside from Fortress, Mr. Briger also extends his leadership role to other organization under the financial context. For instance, he is a member of the Board of Directors of the Princeton University. He also advocates for conservancy, having supported the Central Park Conservancy among other institutions.He is a holder of a Bachelor’s Degree in Arts and is also a Master in Business Administration from Pennsylvania State University’s Wharton School of Business.

 

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