Among key notable people that have contributed to the growth and the development of Fortress Investment Group, is Peter Briger. He is the co-founder of the company and has been actively involved in its business ever since 2002 the year he joined the company. He holds a Bachelor of Arts from Princeton University. He had his Masters Degree in Business Administration from the Wharton School of Business at the University of Pennsylvania.
At Fortress Investment Group, Peter Briger serves as the company’s co-chairman of the board of directors and principal. From November 2006, he has been serving as a member of the board of directors and was only elected to co-chair the board in late 2009. Peter worked with Goldman for more than a decade. He had been the company’s partner since 1996. At Goldman, Peter Briger was also part of the Asian Management, Global Control and Compliance, and Japan Executive Committees respectively. He was mainly concerned with debt vehicles and the welfare of Asia specifically real estate business. His background with the company came in handy in influencing the purchase of Fortress by a Japanese banking corporation. He serves on the board of a non-profit firm serving low-income families in San Francisco. Additionally, Briger serves on the board of Caliber Schools.
Peter Briger is in charge of the Fortress Credit division, which has the mandate to focus on real estate business and credits. He created the position when he joined the company and now oversees it. He is also a member of Princeton University Investment Company. At Central Park Conservancy, Peter Briger has been known for his strong financial support. He is a member of the Forbes Top 400, which is a listing of business professionals globally.
Throughout his career in both business and finance, he has built himself a remarkable reputation as both a reliable and dedicated leader and a professional. His credit division in Fortress Investment Group has over 300 employees who are working directly under him. The team mainly concentrates on the assets which are distressed and undervalued. They also take a keen look at illiquid credit investments of the company.