Peter Briger is one of the CEOs of Fortress Investment Group who joined the company in 2002 and became the head of the credit and hedge fund sector of the organization. Peter Briger has been one of the pillars that have stood with the company in times of economic crises to ensure that its operations remained running smoothly and also to ensure that the organization maintains its leadership position in the investment management industry. Having graduated with a bachelor’s degree in Business Administration from the Princeton University, Peter Briger felt it was necessary to advance his career by pursuing a master’s degree at the Wharton School of Business at the University of Pennsylvania. This was immediately before starting his career journey at Goldman Sachs where he got his first employment.
At the company, Peter Briger was trusted for various roles of running the operations of the organization in both operational and managerial capacities. He later raised ranks and even became responsible for the leadership of his entire department and even became one of the top managers of the organizations. While still at the company, Briger enrolled for professional courses in finance and investment which further equipped him with more skills and proficiency in the effective management of investment instruments and distressed assets. This was the main reason why the board of directors at Fortress Investment Group preferred him in the interview that was conducted to seek an investment expert who would manage the new asset strategies that they had contemplated incorporating into the company’s portfolio.
The move by Peter Briger to Fortress Investment Group was quite instrumental to the growth and improved performance of the organization. First, Briger transformed Fortress into an alternative business by initiating the management of real estate and credit fund under its portfolio on behalf of its clients. Another improvement that Peter Briger brought to Fortress Group was the refurbishing of the customer service department to become more vibrant and efficient. This was because Peter understood that the clients were the main pillar that supported the existence of the organization and without their satisfaction, the company was doomed to fail. This has led to a drastic increase in the organization’s client base.