Peter Briger is one of the current principals of the Fortress Investment Group, which was recently acquired by the Japanese conglomerate called the Softbank Group. He has been actively monitoring the company’s progress towards the innovation of their products and services to prove more assistance to the public. Based in the city of San Francisco, he joined the Fortress Investment Group to show the founders that he can also contribute something to the growth of the company. Taking up a degree in economics from some of the most renowned schools around the country, he confidently faced the founders of the Fortress Investment Group and told them that they would need his expertise for the company to grow. The three got impressed with the way Peter Briger answered, and he was hired to join the Fortress Investment Group.
Peter Briger has been working closely with other executives who are managing the company. They have been discussing things left and right, and they are also consulting each other’s knowledge to determine what they can do to keep the company as one of the best private equity group in the country. Peter Briger considers that his decision to join the Fortress Investment Group is a good idea because he was exposed to a massive number of financial information that would make him a better businessman. Peter Briger is also one of those who voted to the company be put on sale to the public as an IPO.
In February 2007, the Fortress Investment Group was finally introduced to the public, and the audience was allowed to buy stocks from the company. The Fortress Investment Group sees this opportunity as a stepping stone on how they could become one of the greatest investment companies in the country. The Fortress Investment Group faced another crisis a year after they debuted at the New York Stock Exchange, because of the global recession that affected a lot of countries. Despite the mounting problems, Briger and his colleagues managed to provide solutions to the challenges that have been left out other leaders who have no concern for their surroundings. A Force of Innovation: Two Decades of Fortress Investment Group