Daily Archives

One Article


Peter Briger Of The Fortress Investment Group

Posted by JacobT on

Peter Briger of the Fortress Investment Group

Peter Briger was born and brought up in New York. He went for his undergraduate degree at Princeton University and later went earned his M.B.A from Wharton School of Business. He spent his 15 years of early career days at Goldman Sachs. Briger moved on to Fortress Investment t Group in the year 2002. On joining the company, he was assigned to the lead the real estate and debt investment. By the time he entered Fortress, the business was seeking to diversify away from its main private business. Slowly, Peter has become the principal of the Fortress and the Co-chairman of the company’s board of directors.

Peter Briger has recently risen the ladder, and he appears almost at the top of the board of the rich people in the United States. His wealth has been built on his ability to venture in unique trade of assets that no one else wants. This ability and expertise of venturing into the unique business of assets can be traced back to the time he co-founded Goldman’s Special Situations Group. The group is known for its secretive and highly trades. It was later credited as the primary driver of Goldman revenue sometimes back. Together with other Co-founders of Goldman like McGoldrick, Briger strategized on buying assets that had fallen out from the market probably due to economic problems. They held the assets until the market stabilized back. Once the market stabilized, the assets could be sold at handsome amounts of profits. Such business would require world-class investment prowess. Briger and his friend were good in that.

Due to his seasoned experience in the trade industry especially at Fortress, on March 31st, 2017, Briger was appointed to join the Board of Advisors of the Center for a New American Security (CNAS). He was expected to use his experience to participate in executing the organization’s intellectual agenda actively. The board is comprised of business moguls who have helped in advancing the organizations agenda.

Among many other responsibilities, Briger has served as a member of Board of Tipping Point. This is a non-profit organization, which specializes in helping families of lower social status in San Francisco. Briger is also a Board Member Caliber Schools. Caliber Schools is a combination of schools that form a network committed to preparing learners for the success in four-year colleges. In the field of empowering talents, Peter Briger is the chairperson of the Investment Committee for United States soccer.

Indeed, Briger is a celebrated mentor in the business field. His ability to find opportunities in the ventures that makes others shy away makes him unique. He sees ample opportunities to profit from the neglected assets. His success in this business kind of assets trading has made various banks to shift to his way of doing. Many banks are forced to hold high quality assets when the market is affected by various fluctuations. If history is anything to go by, Peter Briger has indicated that opportunity comes for those who have patience in life.

To Learn More Click Here