Peter Briger: A Powerful Figure at Fortress Investment Group
Peter Briger is the principal of Fortress Investment Group. He also gladly serves as the co-chairman for the board of directors in the same firm. Peter has also incredibly served as a board of directors’ member for Fortress Group since 2006. In August 2009, Peter Briger was elected as its co-chairman. He is a committed member of the Management Committee for Fortress ever since the year 2002. Peter is charged with the responsibility to oversee the Credit and Real Estate business at the company. Before he joined the great family at Fortress Investment Group in 2002, Peter Briger had spent a lump sum of years at Goldman Sachs & Co: fifteen years. He became its partner in the year 1996. Peter Briger is a servant who is never tired of giving his services to different firms. For example, he serves on the board of Tipping Point, which is a non-profit institution that serves the families coming from low-income backgrounds in the regions of San Francisco.
Peter extends his handful service to the board of Caliber Schools, which is a united network for charter schools dedicated to preparing the students for a successful career that is beyond the four-year college.Peter is able to perform excellently because of his expertise and professionalism. He has a Bachelor of Arts from the Princeton University as well as an M.BA from the University of Pennsylvania, Wharton School of Business. Fortress Investment Group: where he currently serves is was founded in 1998 by some principals. It quickly gained momentum in the business venturing into the specialties of real estate-related businesses, hedge funds, and debt securities.
The company has undergone commendable growth since Peter became one of the executive team members.In recent news, the Fortress Investment Group is seeking to make a great move in corporate lending.It is getting ready to raise funds through the ownership of SoftBank Group Corporation. They are aiming at raising an amount of $2 billion as its first phase of funding which will be channeled into direct lending. At the same time, Fortress is targeting to raise $5 billion in the fifth flagship opportunity for credit fund. One of the representatives from the firm commented that the capital being raised is a mark into the next phase of Fortress since it became the number one United States private equity organization. It is clear that Fortress is dedicated to making new moves ahead through close coordination by Peter Briger.