The Fortress Investment Group Through Hard Work, Makes Money The Old Fashion Way

Posted by under Business, Investment

Peter Briger’s foundation for his financial and business success was a B.A. granted by Princeton in 1986. His business acumen was groomed at the Wharton School of business at the University of Pennsylvania, and his education was finely tuned by fifteen years of employment at Goldman, Sachs & Co. In 1996 Briger became a partner at Goldman Sachs.

At Goldman Sachs, Briger was on numerous committee which included the Japan Executive Committee, Global Control, and Compliance Committees and the Asian Management Committee. He also was a leader, when at the firm, sharing the responsibilities to head such groups as the:

• Whole Loan Sales and Trading business
• Asian Real Estate Private Equity business
• Asian Distressed Debt business
• Special Opportunities (Asia) Fund LLC
• Fixed Income Principal Investments Group

Peter Briger was making the full use of his talents when he joined Fortress Investment Group in March of 2002. He was a member of Fortress Management Committee since 2002. Fortress Investment Group LLC was first established as a private equity firm in 1998. In 2007 Briger helped Fortress completes its initial public offering on the New York Stock Exchange.

The Fortress Investment Group recognized Briger’s talent and was chosen by Fortress to be its Principal and Co-Chief Executive Officer. Briger currently is the head of Fortress’s real estate and credit fund business which are divisions of the Fortress Investment Group. The investment group specializes in illiquid investments and distressed debt. While Briger enthusiastically supports the Bitcoin, major Wall Street investors are leery of the bitcoin and find that this cybercurrency is overvalued and the bubble is about to burst.

While Forbes Billionaire list has not presently named him, Briger’s position on the list, in 2007 and 2008, had moved from a high of 317 to a low of 962. His present net worth has been calculated between one to two billion dollars when he was named to the Forbes Billionaire List. Briger is not presently named to the list. Briger has a multimillion salary, which does not include the value of his stock in the Fortress Investment Group. Forbes names Peter Briger Jr. as a member of its Top 400 Business Professionals. Because of the leadership of Briger at Fortress, its employees and interns have high regard for the experiences they have received. Fortress is said to recognize hard-work and dedication.

Mr. Briger paid his respect to Princeton by his participation in his support of Princeton’s Entrepreneurship Program by establishing a pilot program for entrepreneurs and startups. Princeton’s students, in a more protective environment, will learn how to operate and maintain a business.

Peter Briger currently serves on the board of directors of The Grace Wilsey foundation, Tipping Point, which helps San Francisco’s low-income families and Caliber Schools, which is the network of charter schools having a goal in preparing children for college.

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