Menlo Park resident Pete Briger Jr. acquires minority interest in San Francisco 49ers

Menlo Park resident Pete Briger Jr., along the Briger family, have acquired a non-controlling, minority interest in the San Francisco 49ers thought to be for $275M.

“I’d like to welcome Pete, Devon, and the Briger family to the San Francisco 49ers,” said Jed York, CEO of the San Francisco 49ers. “Alongside my family and our existing owner partners, we know the Briger family shares our unwavering commitment to the long-term success of this organization and creating unforgettable moments for our fans.”

Pete Briger is Executive Chairman at Fortress Investment Group, where he serves on the firm’s leadership committee and multiple investment committees. Based in Menlo Park and an active philanthropist, Pete also serves on the boards of the UCSF Foundation and The Guild Theatre in Menlo Park.

“I’m honored that the Briger family is joining the 49ers ownership group. For my family — and millions of other fans — this iconic franchise represents far more than football; it reflects the legendary excellence and resilience of the Bay Area,” said Pete Briger on behalf of the Briger family.”