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.