Fortress Investment Group on Protecting your Assets.
The firm specializes in investment management. Some of the assets involved include private equity and credit funds. The firm has earned a good global reputation for its quality services since its inception in 1998 by Randal Nardone, Wes Edens, and Rob Kauffman. With its two decades of experience, the firm comes up with effective investment strategies that have helped many clients. Over the years, the firm has over 1500 institutional investors from various parts of the world. The company has stood out among competitors and has become a market leader. It is an incorporated firm at the New York Stock Exchange since 2007.Fortress Investment Group controls assets worth more than $70 billion for its clients in various portfolios. The firm’s main offices are located in New York. The number of workers in the various branches across the 15 offices has grown to 1,400 over the years.
The workforce constitutes of highly qualified individuals from different sectors of the economy. The management includes Randal Nardone, Wes Edens, and Peter Briger. The firm provides consultancy services to areas such as operations management and during mergers and acquisitions. The clients can also get help on the best pricing models for their businesses.Fortress Investment Group has helped many firms to hold successful Initial Public Offers as they seek to get some financing from the members of the public. The firm has experienced good returns over the years. It has won several awards for its innovative strategies. In 2017, Fortress Investment Group was acquired by Softbank. After valuation, it was estimated to be worth $3.3 billion.
According to the terms of the acquisition, the firm was to operate as a subsidiary of Sottfbank and the management was to stay intact. Softbank has its main offices in Tokyo, it acquired the firm as part of its globalization plans. Softbank focuses on firms in areas such as telecommunication, internet services, and artificial intelligence. The management at Softbank believes that investing in technology has a good potential in the economy. The management is composed of an educated team, they graduated from recognized universities where they pursued business-related courses. The skills have been helpful in making important decisions at Fortress Investment Group. The firm was restructured to offer 3 broad services. They include; credit, private equity, and permanent capital vehicles divisions. Each of the 3 principals is tasked with managing one of the specialty areas. Peter Briger heads the credit section.