When Peter Briger was hired by Fortress Investment Group in 2002, he brought with him a vast amount of expertise, knowledge and experience in the global financial services industry. In addition to having a degree from Princeton and earning an MBA from the University of Pennsylvania’s Wharton School, Peter Briger spent 15 years working with the prestigious, internationally known financial services company Goldman Sachs & Company. On top of that, Peter Briger worked with the U.S. Treasury during the administrations of President John F. Kennedy and President Lyndon B. Johnson.Now a co-chairman of Fortress Investment Group’s directorial board and a principal of the company, Peter Briger handles the company’s credit fund business. He is also in charge of managing the financing services and investments needs for the company to take care of their large-scale development projects. He also controls the company’s Drawbridge Special Opportunities Funds.
In 2012, the company’s assets under management was in excess of $51 billion and Peter Briger helped Fortress to manage it very effectively. That took the company’s confidence in him to an all-time high. With his energy industry experience, Peter Briger was named founder and CEO of Hydromine Inc., Fortress Investment Group’s project development company. Hydromine Inc. does projects related to sustainable energy technology, natural resources and power generation. Some of the projects the company undertakes can potentially change the way people and businesses use energy. There have been successful projects on 5 continents which Hydromine Inc. has completed under the leadership of Peter Briger. Their current projects include operating a Libya based aluminum smelter and working on bauxite mining along with an aluminum refinery in the West African country of Cameroon.
In addition to the work Peter Briger is doing with Fortress Investment Group, he is also a member of the Princeton University Investment Company, the Hospital for Special Surgery, the Global Fund for Children, the CompuCredit Corporation directorial board and the Central Park Conservancy. Plus, he gives advice to the members of the International Finance Corporation on ways to deal with distressed debt issues. Peter Briger even helps professionals, citizens and government officials get a clearer understanding of foreign policy through his work with the independent, non-partisan Council on Foreign Relations. In the 16 years Peter Briger has been employed by Fortress Investment Group, he has helped the company to grow and excel in many and diverse ways in markets worldwide.