Tag Archives: Financial Firm

The Principle of Fortress Investment Group- Peter Briger

Published / by Logan / Leave a Comment

Peter Briger has a reputation as a competent and dedicated leader in all the years he has worked on his career in both finance and investment. Briger currently serves as the president and co-chairperson of Fortress Investment Group. He received various appointments at the group, including president and principle and the head of credit and real estate. Briger became a director for Fortress Investment Group in November 2006. In 2009, he was named the Group’s co-chairperson and later in December 2017, he became the Co-CEO of the company. Since then, Peter Briger has served diligently in both capacities. Peter Briger holds a Bachelor of Arts degree from Ivy League’s Princeton University. He also has a Master’s degree in Business Administration from the University of Pennsylvania.

Since 2002 when Peter Briger became a member of Fortress Investment group, he has overgrown the business, and he currently manages the credit business in the Group. Briger has also concentrated on underestimated and distressed assets and illiquid credit investments. The Forbes Magazine has ranked Peter Briger on the 307th position with a combined net worth of over $1.5 billion. He also serves as a member of the Spearhead’s Advisory Board. Briger has served as a director at The University of Princeton Company. In 1996, Briger became a partner at Goldman Sachs after working for the organization for a cool 15 years. During his career at Goldman Sachs, Peter Briger served as a co-head for an Asian corporation that concentrated in Real Estate development, a Fixed-debt company co-head and the co-head for a trading and loan sales.

Briger has also served in an international financial company as a debt distress manager. He has also served as an Advisory Board Member for the Linketone Limited Company. Some executives from Wells Fargo made a trip to Fortress Investment Group in New York to discuss the possibilities of venturing into the cryptocurrency market. It is worthy of note that Wells Fargo is one of the largest banks in the United States. Briger was given the responsibility to discuss the interest and fascination of Fortress Investment Group in Bitcoin and cryptocurrency in general. Briger said that the cryptocurrency market is a goldmine that any progressive company should take advantage of. He added that with bitcoin, companies could offer a safe, accountable and transparent medium of money and value transfer to their consumers from around the globe. Briger also added that Fortress Investment Group together with Wells Fargo could provide an American-based bitcoin exchange.