Fortress Investment Group was established in the year 1998 by Randal Nardone, Wes Edens, and Rob Kauffman. Fortress Investment Group discovers the hard work of Peter Briger since entering this organization. He sees many opportunities to benefit from distressed assets and finance in particular. He had experience of more than 15 years working with different organizations. He has experience in the field of finance, and this makes his sector succeed as well improve. Its offices now manage over $ 70 billion. He heads the credit division and serves as the president as well chairman of the board of directors in the organization. FIG, based in New York was discovered as the first large-scale private equity company to attain the position of being a public organization in the region.
Peter Briger holds a B.A from the University of Princeton and an M.B.A from Pennsylvania University in business. He oversees his division aiming the company to become a real estate business. Peter Briger also acts as a member of Forbes 400, a list of top business professionals across the world. Also, he is a member of BOM in Princeton University Company as well Caliber Schools. Also, he is a crucial person in the financing of the Central Park Conservancy and non-profit Tripping Point. His funding in the two organizations is an act of charity and not for financial benefits. The investments of the Credit are global which has assets are readily convertible to cash. He had over 15years working experience in Goldman and Sachs. He has been registering success since the time he left Goldman for Fortress Investment Group.
The divisions of FIG are Credit ended by Briger, Private Equity as well as Permanent Capital Vehicles divisions. Briger helped to raise capital for a new fund that which were formed by the organization. He heads the real estate of the organization as well as the divisions dealing with funds and liquid assets. Peter Briger also showed interest in Bitcoin in the year 2013. He invited several other financiers to a congregation in a room owned by Fortress. Among the entrepreneurs were Argentinian, Wences, and Casares. It aimed at creating a business that will ease the transfer of those people who were moving large amounts of money between banks over many countries.