Peter Briger Contributes to the Growth of Fortress Investment Group
Fortress Investment Group is a revered private equity firm that was established in 1998. The firm has been a trendsetter in the private equity sector. In 2007, the corporation also managed to trade its shares publicly, and it was the largest private equity firm to go public on the NYSE (New York Stock Exchange). Currently, the firm is managing assets worth more than $43 billion for numerous investors around the globe. The assets are in the form of hedge funds and permanent capital vehicles. One of the reasons the private equity firm has always maintained a competitive edge in the private equity sector is that they’re ready to risk wherever the returns are high. The main focus is on taking calculated risks.
As one of the principals at Fortress Investment Group, Peter Briger is happy to contribute towards the exponential growth of the private equity entity. When it comes to asset-based investments, Peter Briger and his counterparts usually oversee investments in real estate and other areas with the sole aim of coming up with a stable cash flow. The company has also garnered a lot of experience in financing, pricing, owning, and managing financial and physical assets.
About Peter Briger
Peter Briger is a financial professional and renowned business leader. He is currently based in San Francisco, California. The experience he possesses in asset management comes in handy at Fortress Investment Group. Besides being a principal, he is also the co-chairman of the private equity entity.
He has been serving as the co-chairman since 2009. In his position, Briger usually guides the company’s operations in different management roles. He currently oversees the real estate sector and credit funds at Fortress Investment Group. Before joining Fortress, Peter Briger was working at different financial institutions, including Goldman Sachs. As a result, when joining Fortress Investment Group, he was well suited to become one of the principals.