Forbe’s Recognition of Peter Briger, Principle of Fortress Investment Group

In 2002, Peter Briger joined one of the largest alternative investment firms in the US as Credit Manager. He serves as Principle, Co-CEO, and Board Director at Fortress Investment Group (FIG), headquartered in New York, NY. Prior to FIG, Peter worked over four years as Partner for Goldman, Sachs & Company. His accomplishments at Fortress placed him on the Forbe’s List of World Billionaires within five years of joining the firm. Since partnering with Wesley Edens and Randal Nardone, the growth of the firm’s assets under management continues to increase.

After joining Fortress Investment Group in New York, Forbe’s placed Peter Briger on the World’s List of Billionaires within five years. He came in as number 407 on March 3rd, 2007 with a net worth of $2.3 billion. In September of the same year, he had a net worth of $1.5 billion and a ranking of number 317. In 2008, Briger was worth $1.9 billion and ranked 962 on the list of world’s billionaires. He became one the richest men in the world and the US from 2007 to 2008.

The success of Fortress Investment Group under the leadership of Peter Briger caught the attention of Masayoshi Son. In December 2017, Son purchased FIG for a whooping $3.3 billion leaving Briger and his partners in control of management. His confidence in the Principles continuing their roles is clear in the acquisition agreement. Since he gained the US private equity management firm, Peter Briger continues to manage assets in credit and real estate. In June 2019, his management credit assets increased to over $24 billion and over $8 billion in credit hedge fund.

Peter Briger is a graduate from Princeton University and University of Pennsylvania’s Wharton School of Business. He earned an associate’s degree, BA, and MBA, and immediately pursued a career as an investor and entrepreneur. He worked with Goldman, Sachs & Company for 15 years and became a partner in 1996, until leaving the firm in 2002. Fortress Investment Group is one of his most prosperous investment ventures. Briger is credit investment manager of the credit private equity and credit hedge funds division in New York and San Francisco.

 

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