Finding a financial institution that invests in troubled and underestimated assets and physical and insubstantial assets such as real estate and natural resources as well as capital assets is a rare thing. Additionally, finding a reliable firm that invests in currency, equity, global commodity markets, and fixed income is not an easy task. Either way, one can find all these services at Fortress Investment Group which makes it unique and preferable in a competitive market. With this company, investors are assured of alternative investments if one does not work as initially expected. The investment group was founded in 1998 and has proliferated over the years and has as well improved its services to the clients to fit the fast-growing market. Four principals founded the Fortress Investment Group with one retired while the other three still serve actively namely Wes Edens, Randal Nardone, and Peter Briger. All of these executives had a rich past in the finance sector and therefore brought the required ingredients to steer the company in the right direction.
Fortress Investment Group has developed over the years to the extent of purchasing other companies considering that it acquires firms that are distressed and help them get back on their feet. Some of the companies that have been purchased so far include Florida East Coast Industries, RailAmerica, Intrawest and Penn National Gaming that operates casinos and venues for horse racing. As long as a business can be salvaged and is capable of bringing returns, the Fortress Investment Group does not get limited by the field of business involved. The company as well became a pacesetter for other investments institutions after it became the first private equity firm to go public on the New York Stock Exchange. With that initial public offering, the company became popular which increased its assets and clientele as well.
Currently, Fortress Investment Group manages more than $43 billion of assets for over 1,750 investors in hedge funds and private equity. Additionally, it has offered more than 900 people jobs in the firm who are all well trained considering that they work in a crucial field that requires professionals that have specific experience and expertise. In that case, the Fortress Group is keen on offering its clients the best services an aspect that has made it remain relevant in a competitive market. One of the most significant achievements of the firm is the acquisition by SoftBank a deal that was worthwhile as the principals retained their jobs and still benefitted from the purchase.
Peter Briger has a well-known reputation as well as character. He is a knowledgeable guy when it comes to investment and finance fields. Peter has achieved a lot in professionalism and leadership. For 15 years, he has worked with Goldman, Sachs, and Co. as a partner. While working with Goldman Sachs, he had the opportunity of attending different committees including the Global Control & Compliance Committee, Japan Executive Committee, and Asian Management Committee. In addition to this, Peter has held other roles in management such as Asian Real Estate Private Equity co-head, co-head Special Opportunities Fund LLC, Asian Distressed Debt co-head, and Whole Loan Sales & trading business co-head.
Peter Briger helped in establishing Fortress Investment Group, which was created in 1998 and he is the manager of the company’s private equity firms. Besides working with Fortress Investment Group, Peter was working with Princeton University Investment Company as a member of its board of directors. Moreover, his support for Central Park Conservancy is noticeable including working with other similar organization. Peter is a trained as well as qualified professional having graduated from Princeton University with a degree in Arts. He went ahead to achieve his master’s degree in Business Administration from the University of Pennsylvania’s Wharton School of Business.
Additionally, he has excellent networks and connections with so many professionals as well as institutions, something that makes him learn a lot as he improves his experience in the financial field. Furthermore, while in the industry, Peter ensures that his customers receive the best services as he also makes sure that they maintain good relationships. Apart from his successful financial career, Peter Briger has a fantastic philanthropic side. He supports so many organizations including charities in the cause of his career. He has taken part in the renowned Silicon Valley Council’s leadership, which controls funds that children globally receive. Peter is also a member of the foreign matter council, an organization that is focused on encouraging and improving individuals’ ability to understand foreign protocols as well as foreign issues.
Peter has his favorite areas where he focuses his support on such as children, the education sector, as well as eradicating poverty among people in communities. He is concerned with ensuring the less privileged receive quality services and making sure that children in these communities can have better facilities. Peter Briger supports such nonprofit organizations and companies that work toward ensuring that the most risk groups in the society receive proper care.