Fortress Investment Group: Peter Bridger

Fortress Investment Group was one of the largest private equity investment firms in the entire world today. It was originally founded by five individuals including Wes Edens and Peter Bridger. The company was originally founded in 1998. Since then has gone on to experience an incredible amount of growth.Peter Bridger is the current principal of the Fortress Investment Group and has served several key leadership roles over the course of his career that has helped pair him for his part in the corporation’s administrative staff today. He originally became a member of the management committee of the Fortress Investment Group in 2002 and is currently responsible for the credit business of the Fortress Investment Group.

Before his involvement with the investment firm, he worked for 15 years at Goldman Sachs as a business partner. He became a business partner at Goldman Sachs in 1996. He currently works as a member of a nonprofit organization that helps to serve low income families in San Francisco which is known as Tipping Point. An additional philanthropic organization that he has ties to is caliber schools a network of charter schools that is committed to helping prepare students for colleges. He originally received his bachelors of arts from Princeton University and went to Wharton school of business at the University of Pennsylvania in order to receive his Masters of business administration.Peter Bridger was already a well-known individual prior to becoming one of the head leadership members at Fortress Investment Group. During his tenure at Goldman Sachs, he built up a reputation for driving a significant portion of the corporations revenues over the past decade.

One of the reasons that he actually left his position at Goldman Sachs was because he felt that he was undervalued by the Corporation. Since joining Fortress Investment Group, Peter Bridger has generated over $4.7 billion which represented 87% of all new funds generated by the investment Corporation in the first quarter that he was a member of the Corporation. Peter Bridger has taken advantage of the aftermath of the 2008 financial crisis. He has used the insolvency of numerous businesses and banks in order to purchase risky assets at steep discounts. This is generated incredibly large rates of internal returns that have approached up to 25%. There are many individuals who believe that he will continue to bring significant profits to the Corporation in the coming years.

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