Peter Briger’s Years of Experience with Goldman, Sachs and Asian Finance a Key Influence at Fortress Investment Group
Peter Briger is a principal founder of the Fortress Investment Group, a diversified long-term, risk adjusted investment manager with 1,750 global investors in hedge funds, private equity and investing vehicles. It specializes in management of operations along with industry-specific knowledge, mergers and acquisitions and investing in assets. After two decades, the firm, based in New York, has more than 900 employees and manages assets of more than $43 billion in terms of debt and equity and causal, ground-level factors in close consultation with renowned corporate professionals and stakeholders.
About Peter Briger came onboard in 2002 with experience gathered over 15 years at Goldman, Sachs and from significant time involved in Asian finance. Fortress Investment Group made a series of acquisitions between 2006 and 2007, such as RailAmerica, the Canadian Intrawest and Penn National Gaming, and made a high-profile IPO in 2007. This was the first of its kind for a hedge fund, which made a daring move of taking operations into a more public arena. This not only increased exposure but gave the firm more visibility, an attribute other firms, such as the Blackstone and Carlyle groups, found valid enough to follow suit.
Currently, Peter Briger, listed on the Forbes 400, maintains Fortress Credit, managing real estate investment and credit. He is also a principal player in a Japanese purchase of Fortress. He is one of Fortress’s principals along with founders Randal Nardone, also CEO, and Wes Edens, all of whom also serve on the Fortress board of directors. He attended Princeton and earned a master’s degree from the University of Pennsylvania’s Wharton School of Business. He serves on the Princeton University Investment Company board and is actively involved in work for the San Francisco-based Tipping Point for low-income families and the chartered Caliber Schools. Click here.