Peter Briger is a leader, a businessman and a private equity investor. The professional is based in San Fransisco, California in the United States. Briger has gathered real experience in the field of assets management in the US. For over two decades now, the businessman has been in the field. This has made him very smart at whatever he does. Currently, Peter serves as a co-principal at Fortress Investment Group. The investment firm’s headquarters are located in New York. Peter also serves as a co-chairman of the company’s board. He was elected to this position in the year 2009. Fortress is a leading investment management Organization in the US. The firm oversees assets and caters for both Institutional and private investors. Currently, the firm manages assets that tally to over $65 billion.
Since joining the firm from Goldman’s Sachs, Briger has guided the organization through various investment operations. He has undertaken multiple roles in the company since the year 2002. Currently, he oversees real estate business and the Investments Group’s credit funds. Briger graduated from the University of Princeton. He holds an MBA from the University of Pennsylvania’s School of Business. Previously, he served at Goldman Sachs. While in this company, he oversaw operations in several business areas. Additionally, he served on various committees. Briger maintained responsibility as the co-head of the organization’s Fixed Income Principal investments group. Peter Briger has been very disciplined in his business. With the financial crisis that has been witnessed in the rearview mirror, Peterr remains hopeful. He sees an ample opportunity that will make a profit from distressed assets. His primary emphasis is in the financial sector.
Peter reported that most of the banks have recovered from the 2008 economic depression. However, political and regulatory changes have continued to suppress the banks to change how they conduct their businesses.For example, the Dodd-Frank regulation forces banks to necessarily hold high-quality assets on their books by requesting for massive capital reserves against assets that are deemed perilous. This kind of issues subjects banks into immense pressure to sell all those risky assets so that they can boost profits on equity. This is the kind of opportunity that entrepreneur Peter Briger is awaiting to capitalize. Peter Briger believes that even in history, such opportunities always dries up, but another one still presents itself. When it comes, Peter Briger will be there waiting to pounce on it, ready to capitalize on it once more.