The Highlights Of The Fortress Group Including The Hiring Of Peter Briger

Peter Briger is currently one of the leaders of the Fortress Investment Group. He is the head of the company’s credit division and his main focus is credit and real estate. Before Peter Briger joined the Fortress Investment Group he was a partner at Goldman Sachs for 15 years. Peter Briger has attained a mass amount of wealth and has made the list of Forbes 400 global business professionals. Mr. Briger is extremely well-educated he received his undergraduate degree from Princeton University. After graduating from Princeton University, he went on to attend the University of Pennsylvania’s Wharton School of Business and graduated with a master’s degree in business administration.

Peter Briger had his extensive work history with the Asian market. When he was at Goldman Sachs his focus was in the realm of Asian real estate and debt vehicles. Because of this history that he had with the Asian market he built relationships with top Asian companies. These relationships also helped with the Fortress Investment Group being purchased by the Japanese conglomerate SoftBank. Back in 2002 when the Forces Group added Mr. Briger to head its credit division it also brought on another Goldman Sachs executive by the name of Michael Novogratz . The Fortress Investment Group has had many historical moments during its existence. The company is known for purchasing one of the largest ski resort operators in North America called Canadian company Intrawest.

Other notable purchases made by this company is RailAmerica, Penn National Gaming, and Florida East Coast Industries. All of these companies that were purchased where perspective leaders in their industries. Fortress Investment Group was also the first hedge fund to offer an IPO on the New York Stock Exchange. The reason why this initial public offering was so unique was because it was not a traditional hedge fund but it was an alternative asset management hedge fund. Mr. Briger along with the other leaders of the Fortress Investment Group are continuing to make big moves until this day. The company has nothing but more growth ahead of them, especially with the new partnership with SoftBank. Click here.