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How Peter Briger grew to become one of the most influential figures in the realm of asset management

Published / by FitGuru / Leave a Comment

Time and time again, Peter Briger has proved to be an incredibly priceless asset for one of the leading asset management firms, Fortress Investment group. Ever since he made his way to the company, Peter has done nothing but bring success to it a factor that has seen him get rewarded generously. For instance, today, Briger is among the wealthiest people in the world and was even ranked on Forbes elite list of the top 400 business professionals.

How did he get here?

Peter Briger did not wake up to find himself as head of Fortress’s credit and real estate department. Instead, he has had to smart his way up through sheer hard work, excellent leadership skills and dedication. He cast the sails for his career at Princeton University where he earned his BA before moving to the University of Penn where he graduated with an MBA. Fresh from school and with freshly instilled skills, Peter joined Goldman Sachs &Co which was then still in its development stages. His involvement with the company helped grow it, and today it is among one of the most recognized firms in undervalued assets.

Peter’s fifteen years at the company helped set the foundation for his career at Fortress as he was involved in real estate and credit businesses, thus making him the ideal candidate for FIG’s credit division. He also served various committees such as the Asian management committee a factor that made him even more valuable to Fortress as he had the connections that would help the company achieve its objectives.

Fifteen years later, Peter Briger joined Fortress as a manager but with his level of prowess, he was soon appointed principal, and since then he has never looked back at all. Through the credit division which he heads, Peter Briger in conjunction with the other two principals continues to set the pace for other asset management firms. Today, Fortress manages assets of more than 1750 investors in different sectors which are worth approximately $65 billion and had grown into a global conglomerate with over 900 employees.

When he is not busy being head of Fortress Investment’s credit fund, Peter Briger is often busy giving back to the community. For instance, he is one of the main sponsors of the Princeton’s alumni entrepreneurs funds, which seeks to ensure that those who complete their studies at the facility achieve self-reliance by funding their startup ideas. Briger is also a member of the Silicon Valley leadership council, a platform dedicated to alleviating poverty and is part of New York’s central park conservation team.