Peter Briger, the president and co-chairman of Fortress Credit Corporation
Briger is the principal and co-founder of the Fortress Investment Group. The headquarters of the organisation is located in New York in the United States of America. Briger has been a member of the firm since 2002. He has been a member of the board of directors that manage the organisation since November 2006. Peter Briger was elected to be the co-chairman of the investment group back in August 2009. When he joined the firm, Peter was assigned to be the boss of the Credit fund and real estate business department. Briger works with over three hundred employees in his department.
Peter Briger is a graduate of the University of Princeton. He pursued a degree in Business administration at the University’s school of business. After completing his degree course, he decided to further his education where he did a master’s degree in Business administration at the University of Pennsylvania. After finishing school, Briger fully joined the financial business field.
Before joining Fortress Investment Group in March 2002, Briger worked at Goldman Sachs and Company. Peter Briger served the organisation for fifteen years. He joined the firm in 1996 where he immediately became a partner. While working at the company, Briger contributed very brilliant ideas that assisted in propelling the company to greater heights.
Together with a colleague, Peter Briger managed to buy and sell troubled mortgages. The duo purchased assets in various Asian countries like Thailand and Japan. All assets that lost favour were either affected by political pressure or other economic issues. Peter Briger ensured that the market had stabilised before he sold the assets. This way, the company managed to reap hefty profits from the deals that Briger conducted. Peter was accredited most of the success that the organisation experienced.
Briger also serves as a board member of Tipping Point. Tipping is a non-profit organisation that helps low-income families residing in San Francisco California. Additionally, he serves as a board member of the Caliber schools. Calibre is a network of institutions that are fully committed to preparing students for future success in a very competitive four-year college course and beyond.