Peter Briger, the Brain behind Fortress Investment group success
Over the years, Peter Briger has had a successful career that has been earned by hard work and dedication. Peter has been toiling diligently as the principal and co-chairman of the Fortress Investment Group. The organisation has been registering positive reports since the financial expert joined the firm in March 2002. Initially, Peter Briger joined Fortress as a board member before he was elected as the co-chairman of the organisation back in 2009.
At Fortress Investment Group, Peter Briger is responsible for the firm’s department of Real estate and credit fund. Fortress is a company that had a humble beginning. It was founded in 1998 by five principals who came together and decided to establish a financial investment firm. Its headquarters is based in New York, United States of America.
The firm first started operating as private equity before it transformed to a public entity. The firm is recognised across the world. For years now, it has been offering financial and asset management services. It has attracted the high net worth individuals and companies who seek the company’s financial and management services.
Peter is well educated. He attended the University of Princeton, where he pursued a degree in business administration. After he completed the degree, he decided to further his education. He joined the University of Pennsylvania, where he pursued a master’s degree in Business administration.
After school, he braced himself up and dived into the financial industry. He was lucky enough to find a vacant position at Goldman Sachs and company. Immediately after he joined the firm, Briger became a partner of the organisation.
He served the firm for fifteen years before he decided to quit and join Fortress Investment Group. It’s at Goldman Sachs and company that Peter Briger gained experience in the financial field. Peter was well talented and often generated brilliant ideas that were converted to huge profits for the company. Together with a colleague, they purchased and sold troubled and undervalued assets.
After the economic issues and political pressure had subsided and the market was stable, they sold the assets generating hefty amounts of profits. The idea that the duo possessed was a tricky one, but they knew how to go about it. To know more about Peter click here.