Fortress Investment Group was established in 1998 as a private company. Since its inception, the company always has been a trendsetter. This was emphasized by its initial public offering (IPO) in 2007 when it went public on the New York Stock Exchange (NYSE) as the first large-scale private equity company in 2007. Currently, Fortress Investment Groups is an expanded international investment management company that controls more than $43billionof assets for more than 1,750 investors in hedge funds, permanent capital vehicles, and private equity. The company’s strategy is strong risk-adjusted returns for investors over the long term. The company has its main offices in New York and has more than 900 workers. The company has three main principals namely: Wes Edens, Peter Briger, and Randal Nardone.
Fortress Investment Group specializes in the following:
• Operations management
• Capital markets
• Asset-based investment
• Industry-specific knowledge of institutions and companies
• Corporate mergers and acquisitions .
The company’s asset-based investments are regarding credit funds and private equity. These investments are made up of a wider variety of assets such as financial vehicles, real estate, and capital that generate long-term cash flow. In addition to this, the company has expertise in financing, owning, pricing, as well as managing both financial and physical assets.
In the section of operations management, the company has come up with robust tools for digging out value from the highly complex investments it makes. The company shines at evaluating strategic, operational, and structural “facts on the ground” when it comes to managing its portfolios. Additionally, Fortress Investment Group has developed considerable expertise in handling mergers and acquisitions for the two decades it has been operating. Moreover, the company has a team of experts who understand and have significant relationships with a broad variety of management professionals, corporate board members as well as corporate stakeholders.
The company also has a good experience when it comes to capital markets as well as securing financing through equity and debt markets.
The founders of Fortress Investment Group include Randal Nardone, Wes Edens, and Rob Kauffman. Nardone and Edens are still principals at the company while Kauffman retired in 2012. These founders were previously working with BlackRock Financial Management, Goldman Sachs, Lehman Brothers, and UBS which offered them great financial experience.