Tag Archives: Financial Crisis

How has Peter Briger transformed the Fortress Investment Group?

As a financial and business leader Peter Briger is highly regarded at Fortress Investment Group. This is the organization he has been working for since 2002 and today serves as its Principal and Co-CEO heading the San Francisco office. Peter Briger began his career at Goldman Sachs after completing university at Princeton, where he had graduated with a Bachelors of Arts. He realized early on that he favored a career in finance and thus stuck to Goldman as he moved up the corporate ladder. This would serve him well as by 1996 he had made partner in the organization.

This position accorded him certain privileges as he was now more involved in the running of the organization and making decisions that were bound to have a greater impact. During his time here, he would go for his MBA at the prestigious Wharton School of business a decision which not only made his CV stronger but helped make him a better financial leader. At this time, he would join more committees at Goldman Sachs. These committees were mostly of an international nature, and it would help him learn more about the international business environment, especially the Asian market, which Goldman Sachs had a special interest in at the time. In 2002 Fortress investment Group came calling.

Peter Briger viewed this as an opportunity to grow and put his skills that he had acquired over the years to use. He moved here and moved to establish the credit department for Fortress. This was at a time when the Fortress investment group was looking to expand its portfolio as it was already experiencing phenomenal growth. This would grant Peter Briger an opportunity to establish and grow on of the most successful departments at Fortress today. In 2006 he was appointed to the Board of directors the Group. With this appointment came more responsibility as soon after the group need to go public and was to be underwritten by Goldman Sachs. Peter was again appointed to take charge of the role something that he oversaw successfully in 2007. This has been one of the greatest achievements in his career as a financial leader.