Fortress Investment Group, an innovative private equity firm, has came a long way since its formation in 1998. Since its founding, Fortress Investment Group has been a trendsetter for financial firms. In 2007, Fortress Investment became the first large scale alternative private investing firm to become public. SoftBank’s acquisition of Fortress Investment Group in 2017 made it the first to be bought. Fortress Investment Group’s groundbreaking success can be accredited to it’s hardworking and dedicated principals: Randal Nardone, Wes Edens, and Peter Briger.
Peter Briger has a longstanding career in the realm of business and finance. He received his bachelors degree from Princeton University and his Masters of Business Administration from the Wharton School of Business at the University of Pennsylvania. Upon completing his Masters of Business Administration, Briger worked with Goldman, Sachs & Co. for fifteen years, where he was promoted to partner in 1996. While at Goldman Sachs, Peter Briger sat in committees such as the Asian Management Committee, the Global Control and Compliance Committee, and the Japan Executive Committee. Gift From Alumni Supports Princeton Entrepreneurship
After leaving Goldman Sachs, Peter Briger became a member of the Management Committee at Fortress Investment Group. In 2006, Briger served as a member on Fortress’ board of directors. Three years later, Briger became the San Francisco based principal and co-chairman of Fortress. His responsibilities as principal and co-chairman of Fortress Investment Group include maintaining and overseeing the firm’s Credit and Real Estate business. The Fortress Credit team currently consists of three hundred individuals and focuses on credit investments and undervalued assets. Fortress Executives to Cash In $1.39 Billion From SoftBank Sale
In addition to his career accomplishments, Briger has donated his time and money to philanthropic causes as well. He has supported the Central Park Conservancy, Caliber Schools, Tipping Point, and his alma mater. Briger currently serves on the board of Caliber Schools, a network of free, public, non-selective charter schools in Richmond, California. He also serves on the board of Tipping Point, a non-profit organization that fights against poverty by serving low-income families in the San Francisco Bay area. Additionally, Briger actively supports Entrepreneurship at his alma mater, Princeton University. He assits recent alumni entrepreuners and their start up companies by establishing a pilot funding program that provides them with up to one hundred thousand dollars in matching seed funds. Briger has also served on the Board of Directors of the Princeton University Investment Company. A Force of Innovation: Two Decades of Fortress Investment Group