Fortress Investment Group is a New York City-based investment management firm that specializes in alternative assets such as distressed debt, real estate, hedge funds, credit funds, and private equity. It was established in 1998 but three business partners. Peter Briger arrived at this company in March 2002 when he was named as a member of this company’ management committee. Since November 2006 he has served on the board of directors and since August 2009 he has been a co-chairman since 2012. He is also a partner of this firm. He was brought on board in order to diversify what Fortress Investment Group offers as he has an excellent reputation in the industry in regards to buying and profiting greatly off distressed debt.
Peter Briger spent the first 15 years of his career at Goldman Sachs. While at that financial firm he was a member of several committees such as the Global Control & Compliance Committee and the Japan Executive Committee. He was one of Goldman Sachs’ leaders in other ways as well such as co-heading a number of funds such as the Asian Distressed Debt, Asian Real Estate Private Equity, and the Special Opportunities Fund.
He earned his B.A. at Princeton University in 1986 and his M.B.A. at the University of Pennsylvania in 1988. As a graduate of Princeton University, Peter Briger has been active on the Princeton Entrepreneurship Council. The goal of this organization is to support the creation of small businesses and entrepreneurship on the campus of this Ivy League school. This involves education, funding, and mentorship. Peter Briger has donated money to this organization many times and has also served as a mentor to many budding entrepreneurs.
Peter Briger has supported other causes as well. He is a member of the Silicon Valley Council which donates money to global nonprofits dedicated to helping children. He has worked to alleviate poverty issues in the San Francisco Bay Area by donating to nonprofits such as Tipping Point. He has also supported nonprofits that support the education of children and making sure that children from the riskiest demographics are provided with opportunities. A Force of Innovation: Two Decades of Fortress Investment Group