Fortress Investment Group a renowned alternative asset investment firm has profited from the strategic cleanup of financial garbage from various institutions that have these trash assets that banking institution no longer actually wants. The company is run by Co-Chief Executive Officers Peter Briger and Wes Edens who are also founders of the organization and has been intricate parts of the expansion and growth of the company over the last two decades. In fact, Peter Bridger the current president of the Fortress Credit Business headquartered in San Francisco California has continued to expand the Fortress portfolio with the strategic investment in distressed opportunities that some would deem to be garbage financial instruments. Peter has built a reputation as a shrewd intellectual expert at evaluating these underperforming assets and strategically purchasing them at reduced rates that can be turned around and profited upon once they are acquired.
Billions of dollars of value have been created over his systematic streamlined approaches to investing in these assets and has allowed Fortress to be the leader in this area of investing and continue to provide valuable resources for organizations that have nowhere else to turn. The industry has deemed Fortress Investment Group as the junkyard dogs of the financial world and continue to leverage these opportunities and create substantial profit for not only themselves but for the organizations that they choose to invest in. Peter Briger was educated at Princeton University where he received his Bachelor Degree and also continued his education at the University of Pennsylvania Wharton School where he received his MBA. He has served admirably on various presidential administrations including Lyndon Johnson and JFK.
Fortress also has benefited from the expertise and experience from Wes Edens the other Co-Chief Executive Officer and co-founder of Fortress Investment Group. Wes Edens is Co-Owner of the Milwaukee Bucks basketball team where he has provided valuable leadership in the development of the team’s new sports arena and provided directional momentum for the organization that is strategically placing them in the NBA playoffs and has them looking to continue their expansion and winning tradition. Peter and Wes continue to capitalize on opportunities that other firms would not even consider and also various financial institution and banks are looking to liquidate and throw out with the trash. Fortress Investment Group has honed their skills at evaluating these less-than-perfect opportunities and turning the trash or garbage financial instruments into treasure with valuable insight and evaluation and strategic streamlining of these instruments to make them valuable productive assets. Fortress currently has over $35 billion in assets under management and is using resources from its more than 1750 institutional and individual clients to invest in these garbage financial instruments and turn these distressed assets into rewarding profitable returns on investments for its clients.