Peter Briger, Principal of Fortress Investment Group

Once a partner at Goldman Sachs, where he worked for fifteen years, Peter Briger joined Fortress Investment Group LLC in 2002, where he became Principal and Co-Chairman of the Board of Directors. Fortress Investment Group began as a humble private equity firm back in 1998, but it rapidly grew to successfully handle hedge funds, real estate investment, and debt securities. Fortress, thanks in larger part to Briger’s efforts, also became the first large, private equity firm in America to go public on the New York Stock Exchange. Along with real estate, Peter Briger manages the credit business of Fortress by leveraging his extensive experience in securing financing through equity markets and debt.

It is this work that earned him the nickname “King of Debt” from Motley Fool. A husband and father of four children, Peter Briger earned a B.A. from Princeton after getting his Associates at the University of Pennsylvania. He went on to earn a Master’s of Business Administration from Wharton Business School. As one of the financial gurus behind Fortress, Briger helped to make the company “Credit-Focused Fund of the Year” in 2010 and 2011 and “Hedge Fund Manager of the Year” in 2014. These are no small accolades, considering that Fortress Investment Group, which is headquartered in New York, handles over $43 billion in diverse assets.

Fortress is now owned by Softbank, a Japanese banking conglomerate which purchased it in 2017 and plans to use it to provided continued leadership in the field of alternative-investment. Peter Briger’s focus on Asian real estate and debt in his work at Goldman Sachs made him instrumental in this purchase of Fortress. Through his skill in the finance industry, Peter Briger has earned a spot among the world’s self-made billionaires and on The Forbes 400, a list of elite businessmen and women worldwide. In 2007, his net worth peaked at $2.3 billion. But his work is not limited to Fortress Investment Group. He also serves on the board of Caliber Schools, a network of charter schools that strive to prepare successful students, and on the board of Tipping Point, a not-profit dedicated to helping low-income San Francisco families.

GreenSky : Leaders In Financial Technology

About GreenSky  

As a leading company in the rapidly evolving financial tech sector, GreenSky  has made a name for itself over the past decade. Founded in 2006, the company has become a leader in providing banks and merchants with the technology needed to make consumer loans related to home improvements, healthcare, and other areas. To date, the company has seen more than $5 billion lent through its credit program.

Award-Winning Company

With its CEO David Zalik winning the National Entrepreneur of the Year Award in 2016 for his innovative financial services programs, GreenSky  has found itself gaining more and more recognition for its innovative technology and marketing strategies. According to Wikipedia, while the company may not be as well-known as similar companies such as Lending Club or Social Finance, it has nevertheless formed more and more partnerships with banks that use its technology to make loans to customers. To date, the company has partnerships established with 14 banks, and expects that number to grow exponentially over the next several years.

Continued Expansion

As GreenSky  continues to find success, expansion is happening at a rapid pace. Founded in Atlanta, it has fostered numerous expansions over the past several years, including a multi-million dollar one in Atlanta that led to the creation of more than 350 jobs. In yet another expansion, the company also established a call center in Kentucky, adding even more jobs. As of now, the company employs over 1,000 workers, and is hoping to double that number within 10 years.

Technology First, Now, and Always

While many people mistakenly believe GreenSky  is a bank unto itself, that is not the case at all. As CEO David Zalik has explained on numerous occasions, GreenSky  is first and foremost a technology company, and has no plans to become a bank or compete with lenders. With a current capital value of nearly $4 billion, the Wall Street Journal has rated the company as one of the most valuable financial technology companies in the world. With this kind of success, the sky is the limit for GreenSky.

https://en.wikipedia.org/wiki/GreenSky#External_links