Fortress Investment group: a leading investment management firm.
Peter Briger is currently the principal and co-chairman of the Board of Governors of Fortress Investment Group since 2009. The company is located in New York, NY, United States. He is also a member of the Management Committee of Fortress since 2002. Peter works in the department of Credit and Real Estate in the company. He worked for Sachs & Co. for 15 years where he became a partner in 1996.
Peter works on the board of Tipping Point; a nonprofit firm that serves low-income families in San Francisco. He also works in Caliber Schools; a group of charter schools is aiming at preparing students for high success during their four years in university and henceforth. Peter Briger is also an investor. He is the lead investor in a company called Wauwaa. He studied for his bachelor of business administration at Princeton University. He later pursued his MBA from Wharton School of the University of Pennsylvania.
Fortress Investment group majors in the management of investments. It was founded in 1998 to serve as a privately owned equity company. The founders are Wesley R. Edens, Rob Kauffman and finally Randal Nardone. In 2012, it became the first biggest privately held firm to go public. The company quickly majored in real estate investment, hedge funds, and debt securities.
Fortress Investment group manages assets for over 1,750 private investors and institutions all over the world. It provides a wide range of services for credit and real estate, capital investment strategies and private equity. Its assets are approximately $43.6 billion. The company aims at making less risk-adjusted returns for its clients over an extended period. It has 953 asset management employees from 216 are experienced in investment. Fortress Investment Group has been recognized by many institutions. It was named by an Institutional investor as; “the Hedge Fund Manager of the year” and “Credit-Focused Fund of the year.” It was also called by HFMWeek as Management Firm of the year.
Fortress Investment group’s prowess includes industry knowledge, operations management, corporate mergers and acquisitions, capital markets and asset-based investing. Some of the company’s acquired companies are; Canadian ski resort which was invented in 2016, RailAmerica incorporation which was vended in 2009, Florida East Coast Industries knew as FECI which was obtained in 2007 and Penn National Gaming which they backed away in 2008. Fortress has many investment portfolio companies some of them include; Global Signal, green tree servicing LLC, Umami Burger, MBS Holdings among others. To know more about him click here.