Peter Briger is a business intellect with a Bachelor Degree from Princeton University and an M.B.A at the University of Pennsylvania, Wharton School of Business. He has worked with lots of companies as an advisor including Center for a New American Security, CNBC and as a board member of Tipping Point Community. In 1996, Peter Briger became a partner of Goldman, Sachs & Co., after an extensive fifteen years working at the firm.
In March 2002, Peter joined Fortress Investment Group becoming a Management Committee member. He worked another four years before becoming a Board of Directors’ member in 2006. In August 2009, Peter Briger got elected as a Co-Chairman of the company bringing about new changes to the company; including the introduction of Real Estate and Credit facilities. More about of Peter Briger at Bloomberg
Fortress Investment Group, located in San Francisco, California, United States is an investment management firm. Founded in 1998 as a private equity firm, it has three co-founders: Randal Nardone, Rob Kauffman, and. Wesley R. Edens. Through its expansion into other asset investment opportunities like liquid hedge funds and Credit funds, on February 9, 2007, it was listed in the NYSE. Earning its recognition as the first significant private firm to trade publicly.
In addition to its assets like Railroads and Traditional Asset Management, it also has subsidiaries. These include Newcastle Investment Corp. (REIT), New Media Investment Group, New Residential Investment Corp., and New Senior Investment Group (REIT). Under Peter Briger’s directives as a Principle, it got recognition from Institutional Investor and HFMWeek getting titles of “Hedge Fund Manager of the Year” and “Management Firm of the Year” respectively in 2014.
As of June 30, 2016, the company increased its assets under management totaling $70.2 billion which included four core businesses previously acquired like Logan Circle Partners in April 2010. As of September 30, 2018, Fortress Investment Group has expanded its investment strategies to include 919 asset management employees. Through the growth of Fortress Investment Group, Peter Briger has helped steer the company in more lucrative ventures. Some which include the acquisition of Logan Circle Partners and Florida East Coast Railway, the parent company of Brightline, being the only passenger railroad privately owned in the United States.