Peter Briger is the Credit Head and Co-Chief Executive Officer of Fortress Investment Group which is a renowned investment management company that was founded in 1998 as a private equity firm. He enrolled in Princeton University where he pursued his undergraduate. He is attributed for the recent growth of Fortress as he had 15 years of experience from Goldman Sach before joining it. Also, he brought much insight from the Asian financial industry dynamics and its leadership strategies.
Fortress operates in the edge of its market judging by how the public has acquired its shares and much more how its financial statements speak volume of it. When it unrolled its Initial Public Offer (IPO) the company became the first private equity firm to be listed on the New York Stock Exchange. At that moment, Peter Briger became a billionaire as his shares of 66 million were estimated to be more than $2 billion, and that is how he earned himself a prominent title in the world of asset investment and management.
As Fortress was objected to diversify much from its critical private equity enterprise, Peter Briger ensured that real estate and other businesses progressed well as per the objectives set. Peter Briger is commended for the impressive performance of barely first quarter of this year that is well illuminated by the $4.7 billion fund raised up by his group. Interestingly, the amount only represents 87% of the overall funds collected by Fortress in the quarter year. By having private equity and liquid markets division, the organization has an advantage over its rivals.
Peter Briger spots opportunities in the face of financial crisis and capitalizes on them. He is among the top 400 global business professional, which earns him much reputation. Additionally, Briger is esteemed to be a member of the board of Princeton University Investment Company and Calibre Schools which is known to be a chain of charter schools.
Peter is, therefore, an inspirational figure in the world of investment and management and his efforts are much applauded in the spirit of grooming more of his sort from our coming generation. Gift From Alumni Supports Princeton Entrepreneurship