Special asset investor Peter Briger remains an elite player at Fortress Investment Group

Peter Briger, the Forbes Top 400 business personality, is an accomplished finance professional known for his role as Co-Chairman and Principal of the Board of Directors, Fortress Investment Group. Working out of the San-Francisco office, the investment manager runs the Credit division, responsible for evaluating and executing on undervalued, distressed assets- whether physical or financial. This sector carefully analyzes opportunities in illiquid investment outcomes. Fortress’s Credit business oversees more than 300 alternative finance strategists leading the way. Learn more at fortress.com

Peter Briger has served as Director at Fortress since 2006, and has participated in making key decisions as a member of The Management Committee since the year 2002. The highly esteemed alumnus of Princeton and Wharton School of Business spent close to two decades at Goldman Sachs, eventually becoming partner. While at Goldman, he oversaw compliance operation initiatives, and foreign investment management. Beginning with advancing fixed income plans, Peter Briger would move into whole loan sales, then on to Asian Distressed Debt. He helped co-found the Goldman Sachs Special Situations group in the mid 90s, a team that concentrated on motivated asset sellers that other firms refused to deal with. The Special Situations group became known for its secretive yet lucrative business operations. The wealth produced by the groupoo was ultimately the result of purchasing debt overseas in the right markets at the right time. Timing is perhaps one of the single most important factors when making financial decisions as demonstrated by Briger and team.

Now a 20 year old firm, Fortress has a fiduciary responsibility for $65 billion in assets. The volume of oversight makes it one of the largest funds, and investment vehicles. Peter Briger continues his role even after the recent SoftBank acquisition in 2017. According to Motley Fool, he is Fortress Investment Group’s “king of debt”; and righly so.

Read more: https://patch.com/new-york/new-york-city/force-innovation-two-decades-fortress-investment-group

 

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