Since its inception as a private equity firm, Fortress Investment Group has maintained its position as a trendsetter. This results from the move to go public as the first equity firm to do so in the IPO of 2007. As of December 2017, Fortress Investment group directs assets worth over $43 billion with more than 1700 investors in hedge funds, private equity, as well as permanent capital vehicles. Fortress Investment Company has more than 900 personnel and is headquartered in New York with three principals Randal Nardone, Wes Ednes, and Peter Briger.
The company’s specialty includes operations management, capital markets, asset-based investing, corporate mergers, and acquisition and so on. Fortress Investment group prides itself on the ability to manage portfolio companies, thereby gaining extensive institutional knowledge that concern different companies. As of now, the company has segmented its operations into Private Equity, Permanent Capital Vehicles, and Credit.
About Peter Briger
Among the founding partners is Peter Briger. He is the Principal and co-Chair of the Fortress Investment Group. He also sits at the company’s board as the co-Chair, a position he has held since 2009. Peter Bridger also is responsible for other subsidiaries of the firm as well as credit and real estate. He went to Princeton University and attained a Bachelor of Arts degree. He also went to the University of Pennsylvania for his MBA.
How He supports Princeton Entrepreneurship
Being a Princeton University alumnus, Peter has always supported the entrepreneurship program in this school through generous funding. The idea is to help another upcoming entrepreneur’s to become successful. This funding provides funds to start-up companies and targets the graduate entrepreneurs of Princeton University. Graduates in the last five years can benefit from this noble cause initiated by Peter. This program, coupled with the education they receive from Princeton University is meant to help young entrepreneurs expound on their ideas, pursue, and grow these ideas to become successful in life and to help others. He sits at the Princeton University Board Investment Company. Peter Briger is recognized as a dedicated professional and an accomplished leader.