Peter Briger is a well-known businessman and has made a name for himself throughout the financial industry as one of the leading experts in the field. Born in the United States and calling home to California, Peter has decades of experience working in the financial industry and has spent a great deal of time managing assets for a host of different companies over the years. Today, Peter is a co-founder and leading director at the company, Fortress Investment Group which calls home to New York City. This firm also has various other offices around the country and in several other countries to extend their business to more clients. Since 2009, Peter has been a member of the company’s board and has directly responsible for various management roles since back in 2002. Peter, along with his colleagues, have managed to bring in billions of dollars worth of assets within the first quarter of this year alone.
Before his time working as a chairman at Fortress Investment, Peter Briger was working at various other hedge funds and investment companies, including Goldman Sachs. Peter worked at Goldman for more than 15 years, working his way up to executive status and leading the company to new growth every year. Peter Briger enjoyed his position and the experience he gained but working to improve another company was no longer his greatest ambition, which is what got him together with the other co-founders of Fortress Investment Group.
One of the major strategies used by Peter Briger was to wait for various different assets to fall out of the mainstream so that they could be acquired for relatively small capital. This is an effective technique that can pay off when it is done properly. After a while, the assets can be sold off for a profit when they rise again. This idea seems simple enough, though it is exceedingly difficult in practice, especially when it comes to large sums of money, where the pressure is much higher. A Force of Innovation: Two Decades of Fortress Investment Group