Since the formation of Fortress Investment Group in the year 1998, the firm which first began operations as a private equity firm has been a trendsetter in its rights. This can be confirmed by its 2007 IPO when it made a mark as the first private equity firm to go public on the NYSE. Currently, the firm stands as a diversified worldwide investment management firm that deals with more than 43 billion dollars of assets for over 1,750 investors. The assets are in the form of permanent capital vehicles, private equity, hedge funds including others. The Fortress Investment group has its headquarters in New York and has over 900 employees. The firm has three principals who include Randal Nardone who is based in New York, Wes Edens and Peter Briger who is based in San Francisco. Originally, Fortress was founded by Randal Nardone, Wes Edens and a retired principal known as Rob Kauffman. It is as after Kauffman retired that Peter Briger joined as a principal.
Bridge beside being a principal is also the chairman of the Fortress Investment Group board of directors. He has been in the board as a member since the November of 2006 wherein 2009 was elected the co-chairman of the Group’s commission. He has also been a member of the management committee at the company since the year 2002. Currently, he is the head of the Credit and Real Estate business at Fortress Investment Group. Before joining the group in the year 2002, Peter Briger had already spent around 15 years at Goldman, Sachs & Co were in 1996 became a partner. He is also on the board of Tipping Point which is a non-profit organization that serves low income earning families in the area of San Francisco. Bridger is also a board member at Caliber Schools which is a network of charter schools that ensure that it students are well prepared to be successful in the four competitive years that awaits them in college and beyond that. Peter Briger has a B.A degree from Princeton University. He also holds an M.B.A from the University of Pennsylvania’s Wharton School Of Business.