About Fortress Investment Group

Fortress Investment Group is an American investment management firm based in New York City. It was originally a private equity firm that was established in 1998 by Wes Edens, Rob Kauffman and Randal Nardone. The founders of Fortress invested a combined $1 billion in the company. They are now responsible for over $1 trillion in assets. They focus on helping businesses and individuals increase their value. To learn more about Fortress Investment, read on.

Fortress Investment Group New York is an investment management firm founded in 1998. As of March 31, 2021, the firm managed $53.9 billion in assets under management. The firm manages assets for more than 1,800 institutional and private investors. Fortress’s main focus is private equity and credit investing. The firm focuses on a diverse range of asset classes, including real estate, private equity, and permanent capital investments. Its business model allows it to achieve a diversified portfolio of assets for its clients.

The Fortress Investment Group firm’s recent acquisition by SoftBank reflects its expertise in complex transactions. Previously, the firm’s private equity fund, run by David Edens, netted 39.7 percent over three years, on an internal rate of return basis. The portfolio has since disappeared, but analysts have welcomed the deal. The move gives Fortress a much bigger partner that will help it grow the business faster. One source says the deal is a sign that the principals remain adamant in their belief in the Fortress business model and the public markets’ unwillingness to give alternative managers proper credit.

The acquisition by SoftBank is a positive for Fortress, as it will give the company an extra edge over rivals. However, the move has some cons. Fortress’s principals will need to invest half of the proceeds from the sale into the company they own. As a result, the merger seems to be a “full circle” for the Fortress Investment Group. It’s not clear whether the company will be able to meet the requirements to retain its status as a public firm. Refer to this page for additional information.