The Raise of Fortress’ CEO, Peter Briger.
Among the global giants in the finance and economic sector, Peter Briger is at the top of the list. He is one of the high-quality finance and investment minds internationally. Having graduated from the Princeton University where he pursued his undergraduate degree, Briger felt that he needed to advance his studies so that he could have a better understanding of the finance acumen. This saw him enroll for a master at the Wharton School of Business at the University of Pennsylvania. After completion, he immediately joined Goldman Sachs, a banking institution that equipped him with a lot of experience in finance.At Goldman Sachs, Peter Briger was involved in various roles which were mainly operational and management. He also performed some leadership roles whereby he was made the head of various departments in which he worked.
While still working at Goldman Sachs, Peter managed to acquire unique expertise in some special investment fields like real estate, foreign investment, trading, loans, and handling distressed assets. This made him become an outstanding performer in the industry and gave him a competitive advantage when it came to employees grading and appraisals. The extensive financial knowledge that Peter Briger possessed allowed him to receive numerous accolades from both the company and the industry. His exceptional performance eventually landed Peter into a partnership with Goldman Sachs, the investment company that was still his employer at that time.
Later in 2002, Peter Briger transitioned to Fortress Investment Group, where he joined as a co-Principal, alongside Wes Edens and Randal Nardone. It never took long before his impact started being felt. At that time, Fortress was purely a private equity firm. The first change that Peter brought was to make Fortress an alternative asset manager. He incorporated his experience in real estate and credit fund that he had acquired from his previous employer. This saw the company’s managed assets increase drastically to a level that no one had ever imagined before.To wrap it all, Briger has been an icon to Fortress Investment Group and the finance industry as a whole. He has become a billionaire just out of his hard work and zeal while managing wealth for other investors.