Peter Briger – An Investment Giant and Powerhouse
Peter Briger is known to be one of the largest investors in the financial industry nowadays. He is actually part of the Forbes 400 Top Business professionals thanks to his wits in performing the right investment. That’s what also made him the President and Co-Chairman of the Fortress Investment Group. He is currently working as the head of the real estate and credit fund departments of Fortress Investment Group – focusing on non-liquid investments. He also entered other partnerships such as the Goldman Sachs & Co, which built his talents as of today.
How Did The Large Investment Begin?
Pete Briger is already a prodigy in the field of business ever since he got a bachelor’s degree from Princeton University, as well as an MBA in the University of Pennsylvania’s Wharton School of Business. This earned him enough leadership skills to have a professional career at the Goldman Sachs. His dedication as a professional earned him more knowledge throughout the career until he developed a skill set of local and foreign investment technique, real estate investment and loans, as well as handling distressed debt. He was considered as a partner in Golden Sachs until he left in 2002.
His Rise Towards Bigger Investments
Peter Briger decided to leave 2002 in order to move up even further as he decided to become the co-CEO of Fortress during the same year. His already- vast knowledge helped him manage Fortress towards success. He first made Fortress into the very first alternative investment company in the whole United states, while managing an excess $65 million worth of assets. His skills in distressed loan and anything regarding real estate money earned him the head position of Fortress’s real estate and credit division as of today.
The success of Fortress in being the very first alternative investment company started when Peter Briger and his team dedicated their time and efforts to raise $4.7 billion to develop a fund called “Fortress Credit Opportunities Find IV”. This program represented most of the new funds made by Fortress and even improved its private equity and liquid market over time. His company also held an amazing opportunity during the financial crisis as it helped a lot of failing banks and governments as they were forced to sell off their risky assets.
This made him and his new company the perfect means of investing and growing these businesses for the sake of its own reputation and improvement as well. It completely shows that being witty is what it takes to become a cunning businessman like Peter Briger. After all, money can be a taken care of in a way where someone needs to find the best opportunities to make it grow towards stability.