All Investment Managers Should Borrow a Leaf From Fortress Investment Group

Leadership has been a considerable challenge facing many investment management firms globally. However, Fortress Investment Group has beaten the odds and proved that it ’s possible to have effective leadership in an organization and also demonstrated the impact of having the same in organizations, especially investment management firms. The leadership of the company has been very stable over the years, led by the company’s able co-Principals Randal Nardone and Wes Edens (who are located in New York) and Peter Briger (based in San Francisco). Fortress Investment group has its main headquarter located in New York, but due to the rapid growth that the company has experienced over the last two decades, it has expanded its geographical territories by opening an additional headquarter in San Francisco, and two others in Shanghai and Singapore.

The leadership of Fortress Investment Group also translates to the effective management of the firm’s operations. This is evident from the robust tools that Fortress Group uses to evaluate and monitor its investment strategies which are in no doubt very sophisticated. The company also effectively evaluates the structural, operational and strategic facts on the ground while it does its portfolio management. All this is done with one intention; enabling the firm to generate good investment returns for their clients. Fortress Investment Group’s leadership has also contributed very much to the company’s recognition in the industry and the investment market, both in the US and internationally. It is due to the effectiveness of the firm’s leaders that Fortress has managed to grab a lot of industry performance-based awards and accolades.

For example, the Institutional magazine in 2014 named Fortress their “Best Hedge Fund Management Firm of the Year.” In the same year, a very prominent publication in the investment management sector named Fortress Group the “Investment Management Company of that Year.” Two years earlier, the Institution magazine had listed the firm as their “Most Macro-Focused and Flexible Hedge Fund.” Fortress Group had also been named the “Fund that was the most Credit-Focused during the Year” by the same magazine in 2010 and 2011 consecutively.In 2017, SoftBank Group Co. declared that it had fully acquired Fortress Investment Group, a transaction that had to cost them $3.3 billion in cash. This transaction was effected after the shareholders of Fortress had a deep analysis of the impact of the acquisition on the performance of the firm. This saw the outstanding Fortress shares transferred to SoftBank and its subsidiaries. However, Fortress continues to run its operations independently under the leadership of its three co-Principals, despite operating under SoftBank.

The Journey of Wes Edens in the Investment Management Field

Wes Edens has been instrumental in the establishment of Fortress Investment Group which is one of the larger asset management companies in the United States of America. Wes Edens is a graduate of Bachelor of Science in finance and business administration from the Oregon State University in 1984 which has played a vital role in his success. In 1987, he started his career at Lehman Brothers where he worked as a managing director. This was a good starting point towards a successful career in the investment world. He later moved to BlackRock Asset Investors as a managing director where he performed exceptionally well to position the company in a good profit margin. With such successful trend and experience in the two investment firms, Wes Edens and five other moved to form Fortress Investment Group in 1998.

Wes Edens has been successful in the management of the investment firm and in 2007 he received commendation from the Wall Street Journal. Here, he described his investment plan which revolved around creative financing, constraints bets building businesses from investments. The company increased in profits and the management opted to open up more market trading opportunities by making the company public. As such, in 2009 the company sold 8% of its shares to the public at a cost of $600 million. Wes Eden’s fortunes continued to increase after the Japanese company Nomura Holdings bought 15% stake in Fortress Investment Group. Wes Edens and the other five principles made a lot of returns from the sale wrecking in billions of dollars.

Due to the success story of being a good manager, he was later elected as the Co-Chairman of the board of directors of Fortress Investment Group. Wes Edens is also the owner of Milwaukee Bucks; this is one of the top performing basketball teams in North America basketball ball league. As such, he has vested interest in the world of sports where he has promised to invest in the construction of new basketball pitch. He has been elected as the chairman of Nationstar Mortgage which is one of the leading mortgage lenders in the US. Initially, it was known as Centex Home Equity Company, LLC which was responsible for transforming the housing and construction of over 33,000 houses. Wes Edens has a rich family history, he is married to Lynn and they have four children. As such, he has been very instrumental in the success of many investment firms and he has left a legacy to be emulated.

Fortress Investment Group Consistent Growth

The Fortress Investment is one among many investment management firms that majors in asset-based investing, corporate mergers, operations management, and acquisitions and capital markets as well as institutions. The group was initiated in the year 1998 with its headquarters located in New York. The organization has been consistent in the services it offers to their clients and has been recognized globally.Currently, Fortress Investment Group has more than $43 billion in assets for more than 1,750 investors in the sector of private equity, hedge funds, and permanent capital vehicles.The firm has three principals being Wes Edens, Randal Nardone and Peter Briger who have navigated it to the right direction all through its operations. Rob Kauffman was also one of the founders but retired in 2012.

All the three are qualified to hold their current positions in the company which puts it in an advantageous position in the market. Having been in existence for two decades, it has gained the necessary experience and expertise to serve their clients efficiently and professionally. Fortress Investment Group has as well employed over 900 employees who are capable of serving the clients skillfully considering the complexity and risks involved in this field. On their part, the Fortress Investment Group has maximized on their expertise by diversifying and having specific investment plans for specific needs. For example, they have launched Investment Fund II, III and IV which has portrayed constant growth. Launching online investment platforms such as Infrastructure Fund and Worldwide Transportation as well depicts a growth strategy especially with the advancement in technology which has helped the firm remain relevant in the market.

The firm as well has made various purchases of various institutions which they feel they can revive using their experience to make them profitable. Some of such acquisitions include the Canadian company Intrawest and Penn National Gaming.In 2007, the Fortress Investment Group became the first private company to sell its shares to public. More private companies in the similar field followed suit, and it could, therefore, be said to have created a pathway for them to follow considering that it became transparent to the public bringing them closer to their financial dealings. The company has won awards such as credit-focused fund of year and discretionary macro-focused hedge fund of the year offered by the Institutional Investor magazine. The company due to its continued achievements managed to be acquired by SoftBank at a tune of $3.3 billion while retaining the principals.

Impact of Equities First Holdings in Australia

Equities First Holdings is a financial lending company with offices in different parts of the world. The company was first established in Indianapolis, Indiana before opening up offices in different locations. Today, Equities First Holdings has offices on four continents. There is an office in America, Australia, Europe and Asia. In Australia, the office are located at the heart of Melbourne City. The offices were moved here so that the company could serve a high number of people who need the services of the company. Equities First Holdings provides alternative lending services.

They normally offer shareholding loans which are loans meant for those who are ready to use their shares in publicly traded companies as collateral assets for a loan.Equities First Holdings in Australia is doing very well in financing players in the business sector. There are many companies which have benefit from the services offered by this firm. In 2016, Equities First Holdings entered into an agreement with one of the companies in the country where it would finance it in a research project it is undertaking in India. Environmental Clean Technologies Limited is publicly traded company in Australia and is doing research in on development of green technologies sin India.

Wes Edens Connects Miami and Orlando with Brightline Rail System

Wes Edens the Co-Chief Executive Officer of Fortress Investment Group is exciting South Florida citizens with the Brightline passenger rail system that connects Miami and Orlando by providing high-quality luxury train travel between the two major cities. The Brightline passenger rail system is the first rail system operated and owned privately in the United States. The Brightline passenger rail system provides luxury travel that will connect Miami, Fort Lauderdale, West Palm, and Orlando. By providing an opportunity for travelers to commute between the major metropolitan areas and world-class travel is offered for not only Florida residents but also worldwide travelers that visit Florida can take advantage of the best of accommodations in a 45-minute train ride on the Brightline passenger rail system. Wes Edens has provided profound leadership and innovative intuitive insight into opportunities to improve the infrastructure within the United States passenger rail systems that will enhance travel and make commuting from major metropolitan areas easier and more convenient than airplane travel.

Passenger rail systems are extremely popular in Europe and have become one of the easiest and safest forms of travel between the European Union countries with the high level technologically advanced train systems and their various routes. Wes Edens has created an opportunity to expand on the current infrastructure of the United States starting in South Florida by providing the Brightline passenger rail system as the first of many projects in the planning phase to provide opportunities to travel in the highest luxury accommodations over rail systems. Wes Edens was educated at Oregon State University where he received his Bachelor of Science Degree in Finance and also his Master’s in Business Administration. Wes Edens began his professional career at Lehman Brothers investment firm, a world-renowned investment company that provided key intellectual knowledge and expertise that has guided the career and expansion of Wes Edens professional and personal portfolio. He served Lehman Brothers as Partner and Managing Director and quickly excelled within the alternative asset investment arena and became known as one of the more astute evaluators of underperforming and distressed assets within private equity.

After his career at Lehman Brothers, he accepted another position as Head of Private Equity Fund at BlackRock Financial Management Incorporated. He served at BlackRock Financial Management with an expertise and knowledgeable skill set that transitioned into extremely high levels of return on investment and increased the growth of his personal and the company investment portfolios. In 1998, he joined with five partners and founded the Fortress Investment Group, where he continued to expand his personal portfolio by serving as Co-Chief Executive Officer of this alternative asset investment firm. The Fortress Investment Group became one of the largest alternative asset buyout investment firms in the world. In 2007, Fortress Investment Firm became the first buyout investment firm to be traded on the New York Stock Exchange. Fortress Investment Group continues to advance and create opportunities to produce tremendous returns on investment through alternative assets and with the construction of the Brightline passenger rail system in Miami and Orlando they are providing resources to increase the infrastructure of the United States and generate long-term returns on investment.