How Peter Briger is supporting the Princeton Entrepreneurial journey.

As part of the class of 1986, Peter Briger has always been a proud alumnus of Princeton University. He has worked in various capacities in both Goldman Sachs and the Fortress Investment Group where he is the current Co-CEO. Peter Briger has always had a keen interest in developing the entrepreneurial capacity of the students at the university. He was part of the early team that helped fund the Alumni Entrepreneurs Fund (AEF) which was a creation of the Princeton Entrepreneurship Advisory Committee (PEAC). These teams of experts had been brought together by a keen objective of establishing ways by which the would help realize the “Entrepreneurship the Princeton Way” dream. This was a bold move on Peter Brigers part as he was funding a dream, a concept that was only in paper but had not actually seen results.

This however is no coincidence as Peter Briger has always had a keen eye for opportunity and he understood that once the idea took off the pool of potential entrepreneurs from Princeton would triple. This belief was nurtured at Princeton and Goldman Sachs, where he spent his early years trying to make a career for himself. His fifteen years at Goldman Sachs had shown him the beauty of going in early on opportunities that one understood and so the potential in. This was one of the key reasons he made partner by 1996. His growth, however, did not stop there as he moved to Fortress investment Group In 2002. This would mark a turning point in his career as it was at this juncture that his true leadership capabilities came to light.

He had joined as part of management that was tasked with maintaining the growth that was being experienced at Fortress which had managed to grow its assets under management to three billion. By 2006 he was a member of the board and would be very instrumental in taking the group public. This would grant them an opportunity to attract more equity and grow their portfolio. This momentum would continue and soon they were managing over thirty billion worth of assets. Peter Briger had been very instrumental to this growth and it was only natural for him to climb to Co-CEO level in charge of San Francisco as part of the continued strategic growth. In 2017 however, Softbank Group became very keen on Fortress and offered to acquire them. This got regulatory approval and was completed in 2018.

Learn more about him : https://www.benzinga.com/topic/peter-briger

 

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