Peter Briger knows success. Even before he took his current position as the Principal and Co-Chairman of the Board of Directors at Fortress Investment Group, Briger has led a professional life which has laid down a pattern of success which few have rivaled.
After he earned a Bachelor’s Degree from Princeton University, Peter Briger went on to get his MBA from the Wharton School of Business at the University of Pennsylvania. His current success at Fortress Investment Group began in 2002, but before that he spent time at Goldman Sachs, showcasing Peter Briger’s leadership and talent in a myriad of roles. During his tenure there he specialized in real estate, loans and trading, foreign investments and distressed debt. His skills earned him the position as co-CEO when he moved over to Fortress.
The rise of Peter Briger was a quick one, and that was mirrored in Fortress Investment Group. Founded in 1998, Fortress rose rapidly as a private equity firm, founded by Wesley R. Edens. It did not take long for the company to expand into debt securities, hedge funds and real estate-related investments. The investments experienced a rapid growth in those early years, with private equity funds showing a net growth of 39.7% in the time between 1999 and 2006.
Peter Briger learned a lot in the first few years of his career, and he applied that expertise to Fortress. He made the company one of the first alternative investment companies to go public in America. Briger helps to convert distressed financial instruments into money and has built up Fortress into a company which manages assets totaling more than $65 billion.
Having a prominent position in a multi-billion dollar company isn’t the extent of the life of Peter Briger, either. He is also still active in his former school. Briger is one of a group of Princetown graduates who support startup companies through the Princetown University Investment Company.