Amongst the alumni of the prestigious University of Pennsylvania’s Wharton School of Business, Peter Briger is one. He obtained his Master in Business Administration (MBA) here after completing his undergraduate degree at the Princeton University. Truth be told, before or even during his graduation, Peter could never have imagined himself having all the life achievements that he has today.His early career life was characterized by discipline and tenacity. After obtaining the Master Degree, Peter Briger joined Goldman Sachs & Co., a reputable investment banking company. Here, he performed various operational, management, and leadership functions. Through the application of the vast theoretical knowledge and also with a combination of hard work, Peter was able to gain enhanced expertise in foreign investments, distressed debt, real estate, trading, and loans.
All these could later become the prerequisite for his success at the Fortress Investment Group.Still, at the Goldman Sachs, his proficiency in finance became incredible. This saw him become a partner with the investment bank, a short while before leaving for Fortress in 2002.Immediately after Moving to Fortress Investment Group, his leadership impact begun to be felt. He was the co-principal, alongside two other principals. At this time, the total assets under management of Fortress Group amounted to a miserable $400 million. A few years later, the Group’s portfolio had sharply risen to $3.9 billion and further to $32 billion by 2007. No wonder the prime focus on distressed assets during his tenure at Goldman Sachs.
Still in the same year 2007, under the leadership of Peter Briger, Fortress Investment Group announced its Initial Public Offer, despite being an alternative asset management company. This was an unprecedented event that made history internationally since no other company of its type, and size hade made a similar move prior. As a result, Fortress publicity skyrocketed and also later won some industry performance based accolades. For sure, the 15 years’ experience that Briger gained at Goldman Sachs turned out to be oxygen for Fortress.The outstanding nature of Peter Briger makes him more than adorable. Besides his professional engagements, he also participates in philanthropic activities and other forms of social responsibilities. For instance, Peter has a passion for helping the needy children that come from underprivileged families. He is also a staunch believer of education. He strongly believes that the ultimate way to alleviate poverty from any society is by educating its members. Due to this, he also funds education for the poor children who may not afford it.