1996 was a year Peter Briger forever remembers as this was the year he made partner at Goldman Sachs. This would be the highlight of his career in the organization but also serve as a stepping stone for his career at Fortress Investment Group a 65 billion investment vehicle. Armed with a B. A from Princeton university Peter Briger had a strong footing to help him navigate the growing business environment at the time. He would later attend Wharton business school for his MBA before moving to Fortress in 2002. This was a good career move for him as it gave him options and promised to enable him to grow to higher levels. He began at managerial level, and by 2009 he had grown to become co-chairman of the board of directors before being appointed Co-CEO in the same organization later on.
His various deals at Goldman Sachs had given him quite the footing in real estate and the credit fund business the divisions he current heads too at Fortress. His credentials are impressive by all standards, and this has enabled him to gain membership in various Committees that include the Asian Management Committee and the Global Control and Compliance Committee. He is also a member of the Council on Foreign matters, which is concerned with bridging the gap between the general public and leaders on the importance and understanding of foreign policy. Peter Briger as part of the Princeton class of 86 has been very instrumental in establishing the Alumni Entrepreneurs Fund (AEF). This fund is geared towards nurturing the next generation of entrepreneurs from the school and help them become successful in their own right.
This fund has its basis on the belief that the “Entrepreneurship the Princeton Way” is one of the core strengths of the university. Princeton is known as a beacon in the development of business leaders, but it’s also very focused on nurturing the next generation of serial entrepreneurs. Peter Bridger continues to dedicate a lot of time to this and other philanthropic causes that he highly believes in. The Silicon Valley Leadership Council for the Global Fund for Children is one of this. The belief that education is one of the best tools in the fight against poverty is part of the reason he is on the leadership council. Peter Briger believes that by giving even the least privileged children in society an opportunity to learn they can turn their lives around and one day live out their dreams.
The Fortress Investment Group was founded in 2009 by Randal and Wes Edens among others. The company then elected him to the post of CEO in 2013, and for the past five years, he has seen the business grow into one of the most successful private equity investment firms in the country. Currently, Randal’s net worth stands at 1.8 billion US dollars. He holds position 557 on the Forbes list of the most successful billionaires. Randal has a BA from the University of Connecticut and has a wealth of experience in private equities investment.Fortress Investment Group currently has more than 43 billion US dollars in assets under their management. The company has concentrated their efforts on diversifying their investment portfolio, and they have close to 2,000 institutions as their clientele all over the world.
Their clients have invested in various areas of the economy including capital investments, real estate, credit, strategy and private equity firms. The Fortress groups asset management department has more than 1000 dedicated employees in their various headquarters around the world.The services that the company offers start with the appraisal, purchase and management of key investment assets for their clients. They offer advice on the practices which will help their clients achieve long-term cash flow. The company has been successful because over the years they have learned the value of truly immersing themselves in the industries where their clients are interested in investing. As a result, they have been able to understand and offer expert opinion on the same.
Randal Nardone started off his career in the legal field. He has a degree from the J.D. Boston University School of Law. He served as a managing director at UBS for a number of years before he thought about starting fortress. In the past, he has served in the executive committees of law firms such as Thatcher, profit and Wood Law. Currently, Randal Nardone is serving as a director of the Alea group holdings and several other companies. Randal Nardone has a dream to make his company an investor of choice to people interested in private equities. The company is currently generating revenue of close to five hundred billion dollars. The company has a total of more than 500 employees and is expanding really fast. The people who have in the past interacted with Randal Nardone state that has an infectious positivity around him and that he inspires them to do better.