Peter Briger: One Of The Key Executives Of Fortress Investment Group

Fortress Investment Group is known as one of the biggest investment managers in the world. It is also known for its equal priority of funds, whether it be from 1,500 institutional investors or its private clients, the company aims to give its best services and grow its clients’ funds. One of the company’s technique is to maintain a highly diverse portfolio. In addition, the company has high standards, even to their leaders. Peter Briger is currently one of the key principals and is a leading figure in the company. Peter Briger is the co-chairman of the boards of directors in the company. He started contributing his knowledge to the board since 2006.

A few years later, Briger became a co-chairman and is now credited as the one who brought the opportunity of Credit and Real Estate Business in the company. Other notable principals are Wes Edens and Randy Nardone. Together, the three is the face of Fortress. Briger is also a member of the Management Committee. He graduated from Princeton University for his BA while he received his MBA at the Wharton School of business in the University of Pennyslyvania. Before his current position at Fortress, Peter Briger was a partner of Sachs & Co since 1996. In addition to Fortress, Briger is also a board of a non-profit “Tipping Point” which provides low-income families in San Francisco. “Tipping Point” aims to provide high-quality education via Caliber charter schools.

The school is currently focused on helping children in their competitive learning. Briger also retained his position just after the acquisition of Fortress Investment Capital by SoftBank. SoftBank Group Corporation or SoftBank is currently one of Japan’s biggest company. This acquisition is also because of SoftBank’s trust in the quality of service and leadership that key persons such as Peter Briger have been bringing to the company. SoftBank’s acquisition of Fortress Investment Group has been in transaction long years. The company was bought at $3.3 billion in cash. In addition, SoftBank now owns the remaining outstanding shares of the company with a price of $8.08 per share. SoftBank will have little involvement or nothing at all in Fortress’ daily operations.