Peter Briger is one of the key players behind Fortress Investment Group’s success in the financial industry. His academic track record consists of a B.A. degree from Princeton University, as well as a master’s in Business Administration received from the University of Pennsylvania as Wharton School of Business. Forbes ranks him in the top 400 businessmen in the world, currently holding the position of Co-Chairman of the Board of Directors and President at Fortress Investment Group.
Prior to joining Fortress in 2002, Peter Briger worked for Goldman Sachs for 15 years, being also a partner at one point in his career there. His work was focused on debt and real estate vehicles in Asia, being member of the Japanese Executive committee and the Asian Global Control and Compliance committee. Bringing his deep experience that he earned from Goldman Sachs to Fortress, he oversaw the credit division, which was lunched the same year he joined Fortress, in 2002.
His background in the Asian market would play a role later down the line when Fortress was bought out by SoftBank, a Japanese multinational. At the end of 2017 SoftBank acquired Fortress for the price of $3.3 billion, and despite the fact that operations are expected to continue as usual, SoftBank having little say in how the firm will manage his assets, Fortress will once again be a private company, after being publicly traded for a decade. Both Peter Briger and Wes Edens (Fortress’ co-founder) state that they were pleased with the acquisition.
Besides his work with Fortress, Peter Briger is also part of the board at Tipping Point, which is a non-profit organization that aims to serve low income families located in the San Francisco Area. His also part of the board at Caliber Schools, which is a network charter schools with the mission to prepare students for success in the competitive 4-year colleges and after. Mr. Briger is a member of the board at Princeton University Investment Company, and has supported financially the Central Park Conservancy, investing more than $600 million for the maintenance of the park in New York City.
For details: www.cnas.org/people/pete-briger