December 27, 2018

Peter Briger Continues to Thrive

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Peter Briger joined Fortress Investment Group in 2002 after a fifteen year stint at Goldman Sachs. He worked at Goldman Sachs for fifteen years and became a partner in 1996. While there, he was able to sit on the Japan Executive Committee, Asian Management Committee, and Global Control and Compliance Committee.

While at Goldman Sachs he co-founded the Special Situations Group. The group would buy loans or assets that were in distress, wait for the market to stabilize, then sell them for a large profit. They bought troubled car loans in Thailand, a British powerplant, an alcoholic beverage company in South Korea, and mortgages that we in distress.

Peter Briger is currently a Principal and Co-Chairman of the Board of Directors at Fortress Investment Group. He joined Fortress to lead the real estate and distressed debt team. He created and still runs the Credit business division at Fortress. He manages a team of 300 employee’s that focus on undervalued stocks and distressed loans. Check out salary.com to learn more about Peter Briger.

He is credited with helping Fortress Investment Group reach new heights, and helping the company go public with an IPO. Back in 2015, he received over $23 million in compensation, the vast majority of the money was paid in a bonus.

Peter Briger has helped the community in many ways. He serves on the board at Tipping Point, a non-profit organization helping low income families in San Francisco. He is a board member at Caliber Schools, a network of charter schools that helps students get ready for competitive colleges. Last year he joined the CNAS Board of Advisors.

Peter Briger holds a Bachelor of Arts degree from Princeton University, where he previously held a seat on the Board of Directors. He has also earned a Masters of Business Administration from Wharton School of Business in Pennsylvania. He is a self-made businessman and is an example that you can accomplish anything you set your mind to.

Read More: https://www.bizjournals.com/newyork/potmsearch/detail/submission/6455147/Peter_Briger

 

Category : BusinessCompanyFinancial Expert

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