Peter Briger was born and raised in San Fransisco, California. He joined the Fortress Investment Group in the year 2002 to oversee the firm’s credit business. His dedication and competent leadership skills earned him the position of Principal and President at Fortress.
He was appointed the Co-Chairman of the company in 2006 and later as Co-CEO in 2017. He is also the head of real estate and credit at Fortress. He has a highly skilled and experienced team at the firm that deals in illiquid and distressed credit Investments.
Before joining Fortress Investment Group, he worked at Goldman Sachs for over 15 years.
Peter Briger was a specialist in credit Investment at Goldman Sachs. He worked there between the years 1996 and 2002 as a partner and head of illiquid investments.
He also worked as the head of fixed debts, principal of trading and loan sales and the head of an Asian corporation that specialized in real estate. He attended The University of Princeton where he attained his Bachelor’s degree in Arts.
He later went to Pennsylvania University and earned his masters in Business Administration. He holds a high reputation in the world of finance and he is amongst Forbes’s top 400 business professionals.
His net worth surpasses $$1.5 billion, making him one of the richest people in the United States. Peter Briger has been a force of reckoning at the Fortress Investment Group. He has been part of many successes at the firm.
He was largely involved in the enlisting of the firm at the New York City Exchange and made it the first ever large firm to be traded out publicly. He brought with him the skills of foreign Investments and illiquid debt settlement enabling Fortress to achieve monumental success.
Peter Briger confirmed the sale of Fortress Investment Group in January 2018. His core business was being sold to SoftBank Group Corporation ailing from Japan at cost of $3.3 billion in cash. Fortress Executives to Cash In $1.39 Billion From SoftBank Sale
However, he retained his managerial role together with Wes Edens and Randal Nardone. The fortress became an independent business entity and retained its headquarters in New York City. He is also widely known for his charity work. He majorly provides his financial and time resources to education matters, health, and organizations responsible for poverty alleviation. A Force of Innovation: Two Decades of Fortress Investment Group
He has actually channeled more than $600 million in the Conservancy of the famous Central Park In New York City. He is also a voluntary member of the Princeton entrepreneurship advisory committee. Meet Pete Briger: A Titan in the Investment and Finance World