Peter Briger is an alumnus of both Princeton University and the University of Pennsylvania where he graduated with a bachelor’s degree in Arts as well as a Master’s in Business Administration respectively. His career journey began at Goldman Sachs where he served in various management and leadership roles. It is in this investment banking company that he gained vast experience in areas of foreign investments, real estate, loans, and trading. It is in 1996 that he decided to become a partner of the company before joining Fortress investment group in 2002.
Today, he is the president and co-chairperson of the board of directors of the company. Additionally, he is in-charge of real-estate and credit fund department and also involved in distressed debts and illiquid investments. Thanks, to his leadership and experience, today, Fortress is a success, managing assets of over 65 billion dollars. It is rated one of the best investment company in the US. In fact, Peter is among the top 400 Forbes business professionals.
Apart from having a successful career, Peter Briger is compassionate about humanity. He is involved in various charity works, i.e., events and organizations. For example, he is a leader at Silicon Valley Council which is in charge of funds going to children globally. Peter has invested $600 million in conserving central park in New York City. His charity support is mostly oriented to children, education and eradicating poverty. To know more about him click here.
In his website, Peter states that besides his work at the Fortress company, he helped establish Princeton University Investment Company to help other alumni into entrepreneurship. Any creative idea is funded with up to $100,000. The program aims at encouraging innovation and creativity among students.
In an article by Popper, Peter Briger explains how Wall Street got into bitcoin business. He states that in 2013, Wells Fargo bank in San Francisco had a meeting with Fortress investment to articulate on the issue of having the first bitcoin exchange regulated by the nation. The technology was a plus for the Fortress company as it was an instant and cheap way to send money globally. With bitcoin, Wells Fargo would counter payment network challenges, he urged both companies to provide regulated bitcoin exchange in the US. However, there was no agreement after the talk. This paved the way for Wall Street to evolve and grow in the bitcoin business gradually.