Since Fortress Investment Group was established as a private equity company in 1998, the company has always acted as the trendsetter. This was displayed clear after the company became the first one to have its share trading publicly on the New York Stock Exchange when it came to privately held companies.
At the moment, Fortress Investment Group is among those organizations that are having diversified services in the investment world globally. The company is responsible for assets worth $40 billion belonging to private investors as well as organizational clients. The company focuses on private equity, hedge funds including permanent capital vehicles. The organization that has more than 900 employees has its head offices located in New York.
Fortress investment group has three principal responsible for its smooth running of operations. The three principals include Wes Edes and Randal Nardone who are based in New York and Peter Briger who is based in San Francisco. The main areas that the company has specialized in include capital markets, investment based on assets, operations management, corporate acquisitions and mergers, and knowledge of institutions and company’s based in specific industries.
When it comes to the company’s asset-based investments, the organization offers credit funds as well as private equity. These two are composed of a broad variety of assets including financial vehicle, real estate, and capital that contribute to the long-term flow of cash. The organization has critical expertise when it comes to pricing, management of both financial and physical assets, owning, and financing.
In operations management, the organization has come up with various tools meant for getting value from highly complex investments that Fortress investment Group makes. The organization is well equipped when it comes to operational evaluation, strategic and structural portfolio management.
Over the 20 years, the organization has been operating; Fortress Group has attained deep expertise in handling acquisitions and mergers. The team of professionals of the company has an excellent understanding and relationships with corporate board members, corporate shareholders, and management professionals. All these allow them to offer the best services to the company’s clients. In addition to this, this indicates that the organization understands well the capital markets.
Fortress Investment Group was established by Randal Nardone and Wes Edens who are both principals in the company. The third co-founder is Rob Kauffman who retired in 2012. The three founders were previously working with Lehman Brothers, BlackRock Financial Management, UBS, and Goldman Sachs. With the experience that they had acquired, it was easy for them to come up with their organization.