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7Aug/18Off

How Peter Briger Help Make Fortress Investment Group a Wall Street Leader

There are a few people who have made a permanent mark in the world of Wall Street. One of those people is helping to lead one of the biggest private equity firms in the world. That person, Peter Briger, is steering Fortress Investment Group to new heights as Co-Chief Executive Officer and Co-Chairman of the Board of Directors.

Mr. Brigner is co-founded Goldman's Special Situations Group in 1997. During the next decade, Mr. Brigner's team was responsible for much of the profit brought into Goldman Sachs. In fact, when Peter Briger left Goldman in 2007, some speculated that his $70 million dollar annual compensation was too little to keep him at the company relative to the profits he was generating for the firm.

After his time in Goldman, Peter Briger found himself at Fortress Investment Group where he raised $4.7 billion dollars for Fortress Credit Opportunities Fund IV fund. This new fund would help Fortress profit over credit opportunities secured by Mr. Briger's team.

Over the next decade, Peter Briger was responsible for much of the success at Fortress Investment Group. In December of 2017, Mr. Briger was named Co-Chief Executive Officer at the firm. This new title allowed Mr. Briger to spread his insight, ideas and influence to every part of the Fortress portfolio.

With a current net worth of $350 million dollar, Mr. Briger has more than secured his own future. Therefore, the private equity fund leader likes to dedicate much of his time to giving back where he can. Mr. Briger currently serves as a board member of the not-for-profit organization Tipping Point. Tipping Point is instrumental in helping low income families in the San Francisco area. In addition to his work with tipping point, Mr. Briger works with other organizations that support quality education for all.

Peter Briger is a proud alumni of Princeton University. Over the years, the private equity leader has supported a number of entrepreneur causes by the university. One of those causes include a pilot program to help recent graduates with their start-up ideas. As a Wall Street executive, GiftFrom Alumni Supports Princeton Entrepreneurship

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