Understanding Peter Briger’s rise to the top

Peter Briger or Pete as he is known among friends is considered as one of the most influential business leaders in America. Forbes magazine, in fact, named him among the top 400 most influential list. His success in the financial and investment sector has in large part driven this influence.

Peter Briger began his career at Goldman Sachs. This was immediately after graduating with a B.A from Princeton University. After his graduation in 1986, he knew that he had to pursue a career in finance. Goldman Sachs was the perfect place to start, and as such he had no problem accepting an entry-level graduate program at the bank. Over the next ten all so years he worked his way up, and by 1996 he had made partner. At this point, opportunities started coming his way. It was now easier for him to get into various committees within the bank as well as other leadership positions.

It was at this time that he realized he needs to advance his academic credentials as it would give him a better footing in the corporate world. He attended the prestigious Wharton School of business where he Graduated with an MBA. This was instrumental in his continued rise within the bank. He now had the academic as well as the practical knowledge of how to conduct financial affairs. In 2002 Fortress Investment Group came calling. They had head-hunted him to join the growing team as well as help the group establish a credit division. He took up the role immediately, and by the following year, the division was up and running. Peter Briger has been able to oversee the San Francisco based Credit division over the years and today its one of the biggest subsectors within the group having done deals worth more than one hundred billion dollars. His expertise in Distressed asset management has also been essential to the group. Having been an advisor to the IFC, he understood the mandate clearly, and this is one of the reasons why Fortress are specialist when it comes to distressed asset management and acquisition. To know more about him click here.

Over the years Peter Briger has been able to raise his profile within Fortress as today he is a partner and Co-CEO of the group’s operations. He first joined the board in 2006 along with other co-founders. The following year he would oversee the listing of the group’s shares on the NYSE something that would set him up for the positions he currently holds.