Peter Briger is an investor who works as a President and Co-Chairman for the Fortress Investment Group’s Board of Directors, where he’s worked since 2002. He is credited with helping the group go public which also marked a great event that made him a billionaire along with the other principals of Fortress Investment Group. Prior to joining Fortress Investment Group, Briger worked at Goldman Sachs for about 15 years. There, he co-founded the Goldman’s Special Situations Group which showed he was an expert since the group went on to make huge profits as demonstrated by Mark McGoldrick. Peter Briger joined Fortress to deal with real estate and debt security.
Here, he helped raise about $5 billion to help create the Fortress Credit Opportunities Fund IV, after the other three funds brought 25.2%, 17.8% and 12.7% returns showing Briger’s expertise was giving good results. His MBA from Wharton School of Business, Pennsylvania University and a Bachelor of Arts from Princeton University, in addition to his experience in real estate and credit fund are one of the reasons that he has helped propel Fortress Investment Group to the heights that it has come to. It was even purchased at $8.08 per share by SoftBank, something that placed Peter Briger at number 317 in the Forbes list with a net worth of $1.5 billion.Briger has also been a member of the Princeton University Investment Company’s Board of Directors. He’s also supported the Central Park Conservancy as part of his philanthropic work with investments of over $600 million under his belt.
Peter has also helped Fortress Investment Group to experienced significant growth for the past two decades with the group acquired the, Intrawest, a Canadian Company and the largest ski resort in North America. Other purchases it made were Penn National Gaming, RailAmerica and Florida East Coast Industries. Other than Goldman Sachs and Fortress Investment Group, Peter Briger has served in Asian Management Committee, Global Control and Compliance Committee and Japan Executive Committee, Income Principal Investments Group, and the Whole Loan Sales and Trading business. All these positions are great contributors to Briger’s success. The investments that he has helped Fortress Investment Group make are the reasons the group is so successful together with his Co-Principals.