Meet Peter Briger: A Co-Principal At Fortress Investment Group

Alongside Wes Edens, Randal Nardone, Peter Briger is at the helm of the corporate leadership team of Fortress Investment Group, a leading alternative asset manager in the world. Prior to Fortress Investment Group, Briger spent 15 years at Goldman, Sachs serving in different capacities including as a partner. He joined Fortress in 2002 and he was part of the asset management firm during its initial public offering in 2007, making it the first equity firm and alternate asset manager in America to go public. Fortress is a global company which manages assets worth more than $39 billion on behalf of more than 1750 individual and institutional investors from across the world.

Serving as a co-principal, Peter Briger came on board four years after the equity firm had been founded. The equity firm grew spontaneously and during its IPO in 2007, he was listed in The Forbes 400 ranking number 317 with a net worth of $1.5 billion. Peter Briger went to Princeton University and acquired his MBA from the University of Pennsylvania.

Briger is responsible for Fortress’s Credit division focusing on credit as well as real estate business. During his time at Goldman Sachs, he was a member of Japan Executive, Global Control and Compliance, as well as Asian Management committees. He was in-charge of Asia focusing specifically on real estate as well as debt vehicles. This background prepared him for the roles he plays at Fortress, an asset management firm which was recently acquired by SoftBank for $3.3 billion in 2017.

The Japanese multinational purchased Fortress and left it to operate independently with its corporate leadership team intact. Principals at the company including Briger addressed their employees that ten years after going public, the company has embarked on a new path to embrace the challenges that come with being in a worldwide market by combining efforts with the Japanese multinational. Personally, Wes Edens welcomed the move for the company to become private again.

Apart from his roles at the firm, Peter Briger serves as a member of the board of directors of the Princeton University Investment Company. Additionally, he supports the Central Park Conservancy and Tipping Point.

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