Peter Briger is a self-made Co-chairman and principal of the Board of directors at Fortune Investment group. He is native to the United States residing in New York, North America. Married with four children, he is known for his investment passion.

Educational Background and Property Ownership

With an MBA from the University of Pennsylvania, Peter Briger also holds an Associate in Arts and Science from Princeton University. He has a total net worth of $1.2 bil and turned into a billionaire with Michael Novogratz and Wesley Edens in February 2007 through public offering courtesy of Fortress Investment Group.

Dealings in Global Financial Markets

Edens in partnership with Randal Nardone and Robert Kauffman formed Fortress in 1988. Four years down the line, Peter Briger and Novogratz became partners as well. Fortress Investment Group has had a high reputation in the sale of its minority interest to Nomura, a Japanese investment company. This deal was initiated in 2006 for $890 million. In 2007, Fortress Investment Group debuted on the public markets in an IPO. This top investor held 66 million shares at that moment. These were equivalent to over $2 billion. Presently, he boasts of 44 million shares equal to roughly $350 million. As an elite investment player for assets, this investor has risen to the top corner of this field through the following ways:

Building Reputation at Goldman Sachs

Peter Briger became a member of the Fortress in 2002. This was fifteen years later after the period with Goldman Sachs. He was absorbed by the Fortress to oversee the debt securities and real estate businesses. At this time, the firm intended to create diversity in its main private equity businesses.

Bright Future ambitions

Peter Briger still anticipates for ample investment opportunities in the financial sector disregard of the related crisis in the rearview mirror. Currently, banking institutions have healed from the previous challenges of 2008-2010. However, their transactions are still affected by the political and regulatory changes. Some legislation forces cause banks to dispose off their assets as a way of boosting their equity returns. This is similar to the type of opportunity our top investor has capitalized on for many years. In case this current opportunity fades, a new one will be conceived and when that occurs, he will be right there to capitalize on it!