Peter Briger is a Co-CEO and a principal of Fortress Investment Group, a popular New York-based investment Group. Since he joined the company in 2002, he has held several leadership positions. He is currently managing the Credit Business section which he had introduced while also overseeing the real estate department. Peter Briger is leading a group of over 300 employees whom he has democratically led to steer growth at Fortress Group.
His role at Fortress Investment
Being one of the company principals, Peter Briger witnessed the process of the merger between Fortress Investment Group and Softbank which was leading the purchase. This deal was aimed at raising about $2 billion after its closure, but the company was never presented with details since it raised the idea of IPO. After the merger, the company’s deal closed to about $5 billion and has maintained the offering of credit opportunities to ordinary Americans.
It is obvious the Peter Briger was attracted by Fortress Group’s mission of raising the living standard of marginalized groups in the U.S. the company has recruited over 900 employees and is offering investment opportunities to about 1,750 people. After going public, it is estimated that the number of investors will go as high as 5,000 with most of the investment opportunities targeting the poor. The company has five scopes in its service provision including acquisition, operation management, capital markets, corporate mergers, asset-based financing, and financial market services.
About Peter Briger
The focused leader is currently serving as a member of the board at Caliber Schools which engages student conferences to ensure a quality higher education system. Before starting his career, he had attended the University of Princeton where he pursued his undergraduate degree in Arts and later furthered his studies at the University of Pennsylvania. His performance and professional credentials reveal a lot about him, including his performance at Fortress Investment Group. While he worked at Goldman Sachs, Peter Briger aided the successful merger between the company and Global Control and Compliance Inc. He would later use this experience to aid the merger between Fortress and Softbank which is a Japanese institution. Together with his co-associates, Peter had co-founded Fortress Investment in 1993.