Peter Briger is a business leader and a billionaire based in San Francisco California. Currently, Briger serves as a co-chairman and a principal of the board of directors of Fortress Investment Group. He is also the head of Credit and Real Estate department in Fortress. Fortress is a leading investment management firm based in New York City. Briger has served for more than 20 years in asset management and has acquired substantial experience over the time.Peter Briger went to Princeton University where he acquired his B.A and later on he joined Wharton School of Business at the University of Pennsylvania and attained his M.B.A. He served at Goldman, Sachs & Co for 15 years before he joined Fortress. His primary job in the company was to oversee business operations. As a co-head of the firm, he also served in various committee including Asian management committee and Global Control.
In 2007, Peter Briger held position 407 on Forbes List of world’s billionaires. Briger according to research conducted by Forbes List had a fortune of $2.3 billion. Forbes states that Briger owned 66.6 million shares which is equivalent to $ 2 billion.Fortress Investment Group LLC is a highly diversified global investment group.The company in 2017 managed assets worth approximately $43.6 billion making it one of the leading investment companies across the world. Founded in 1998, the company strives to generate strong returns for the investors. Fortress offers their services to various institutions including private equity, private investors and also capital investments strategies.The company has close to one thousand employees including 216 investment professionals. The employees of fortress group are excited to serve the company since they are exposed to a high energy investment hedge fund environment and the opportunities. The company has a culture of offering exclusive training to the employees to help furnish their skills. They also enjoy a dynamic workplace with a highly motivated and driven team primarily from the management.
The employees also enjoy high compensations and salaries along working with an incredibly intelligent management team with strong industry expertise. Peter Briger alongside other alumni of Princeton University founded a pilot funding program that focuses on supporting recent university alumni who want to join entrepreneurship. The program known as The Alumni Entrepreneur Fund was put forth to help realize the vision for Entrepreneurship the Princeton way. Briger says that it is the right time for this project particularly in times of business and business models for Princeton to assist the student in preparing on how to venture in the current business world. The idea is well embraced by the faculty, and senior staff and Briger says he is excited by the enthusiastic response. Away from professional activities, Peter Briger also engages in philanthropic activities and giving back to the community initiatives. Briger is a member of the council in a nonpartisan organization Foreign Relations. The organization promotes understanding of foreign policies among citizens and elected officials. He puts a lot of efforts in poverty alleviation and education.