Peter Briger: Devoting Money and Time Towards The Growth of Entrepreneurs

A series of crucial success points have highlighted the professional life of Peter Briger. By 2007 he was listed as number 357 on the Forbes list of billionaires with an estimated wealth of 1.5 billion dollars and considered as one of the top four hundred business professionals in the country. These achievements were nothing short of impressive for a man who had left Goldman Sachs after fifteen years with them to join an asset management group that at the time was barely five years old. When he joined the Fortress investment group they were managing assets that totaled up to 3 billion dollars. However, after his entry into the group he was tasked with establishing a credit division, which today employs more than five hundred dedicated professionals with approximately one hundred of them overseeing assets in fourteen geographical locations.

This division has come to be one of the most important having given over one hundred billion dollars in credit facilities and as part investment. The division peter Briger leads is almost entirely based in San Francisco, where he is the principal and Co-CEO. The other headquarters are in New York City. Today Peter Briger credits a lot of what he is able to do for Fortress Investment Group to the skills he gained while he worked for Goldman Sachs. His career at Goldman Sachs gave him quite the experience in credit management and the Asian market. He was a partner by 1996 and was one of the most influential persons overseeing all investments made by Goldman Sachs in the Asian market especially debt-focused investments.

Peter Briger attended Princeton University and The Wharton School of business. He is very passionate about his Alma mater, Princeton University, where he is quite invested, especially in the nurturing of young entrepreneurs. As part of his philanthropic causes, he has given quite a large sum of money today the development of an entrepreneur’s fund at Princeton and the success of this investment is already paying off. His commitment to entrepreneurship and entrepreneurship development has been a key focus, especially in the last five years dedicating both financial resources and time to this great cause.