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Ann Nolan

Plan For The Perfect Home

Peter Briger, Fortress Investment Group Principal.

Peter Briger is an accomplished American private equity investor born in San Fransisco, California. He is also a senior principal at the established Fortress Investment Group. He attended the prestigious Princeton University where he undertook his bachelor’s in business administration.Peter Briger later gained admission into the University of Pennsylvania and furthered his education with a masters in business administration. He accumulated essential skills in leadership and finance that turned out to shape his business career.In the year 2002, Peter Briger secured a job at the Fortress Investment Group. He was required to sit in the Group’s management committee. The private equity firm was established in the year 1998 by Wes Edens, Randal Nardone, Robert Kauffman, and Michael Edward. Due to his vital managerial skills, he was elected Fortress’ cochairman together with Wes Edens.

As Fortress’s chairman, he was required to manage the company’s business transactions.Under his leadership, the company became public. He also saw the firm’s employees grow to more than 2700 in number. He also controlled and managed over $75 billion in equity and property investments. The fortress was established with a $400 million in capital investments.In the year 2007, Fortress was enlisted in the New York Stock Exchange Market under Peter Briger’s influence. He was later elected as Fortress’ chief executive manager in the credit business department due to his excellent leadership skills.Before securing a job at Fortress Investment Group, he worked at Goldman Sachs for more than 16 years. He has also served in senior leadership roles in many companies. He was previously elected to the Asian Management board as well as the Global Control Committee.

Peter Briger announced the sale of his main business, Fortress Investment Group to the Japanese side, SoftBank Corporation. The company acquired Fortress at a hefty $3.3 billion in cash. In a contract made with Fortress’ officials, it was agreed that the firm would retain its quarters in New York City.It was also decided that Wes Edens would maintain his leadership role. The deal made by the duo would last for five years.He is also a renowned philanthropist who has put most of his finances and time into benevolent courses. He serves as a director at Silicon Valley Council. The foundation was launched to support needy children around the world. The group has provided many children with essential needs such as shelter, education, and food.

 

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