In 2018, Fortress Investment Group celebrated its 20th birthday. Throughout this period, the firm has acquired several companies, attracted multiple investors, opened its boundaries to cover more regions, as well as appointed best talents to cooperate with clients.
What achievements has the company attained?
- It manages assets worth $41.4 billion
As at June 2018, Fortress Investment Group announced that it was managing financial and physical assets worth $41.4 billion from 1750 individual and institution-based investors. It is an invaluable increase from the $400 million assets that were under the management of Fortress in 1998.
- The company has a qualified team of investment and financial experts
Fortress Investment Group brags of a dedicated team of experts with a solid background in the world’s major industries. The organization focuses on asset-based investing, sector-specific expertise and investment, assessment of operational challenges, as well as the execution of mergers & acquisitions. Moreover, the experts specialize in securing low-risk financing for Fortress’ portfolio companies.
The team is led by Randal Nardone, Peter Briger, and Wes Edens. Mr. Briger supervises the group’s credit division. The division houses Fortress Japan Income Fund, Drawbridge Special Opportunities, and Fortress Real Estate Opportunities.
Edens and Nardone manage Fortress’ private equity division. The division focuses on generating cash flow from several investments located in North America, Western European, and the Caribbean. Some of the investment vehicles operated by the private equity division are; Global Signal, Brookdale Senior Living, and Nationstar Mortgage Holdings.
- Fortress Investment Group has a diverse investment portfolio
Fortress operates various investment vehicles spread across the world’s transportation, real estate, retail, financial services, healthcare, and energy sectors. The investment vehicles operate in Europe, the United States, Asia, North America, and other regions.
The primary organizations that makeup Fortress’ investment portfolio include; Florida East Coast Railway, Holiday Retirement, OneMain Holdings, Aircastle, and Springleaf Financial Services. Fortress Investment Group Partners with iPass to the Tune of $20M in Credit
- Fortress is the winner of prestigious honors
In 2010, Fortress Investment Group won the Credit-Focused Fund of the Year, a prestigious award given to hedge funds with exceptional customer satisfaction rates. In 2012, the investment manager secured the Management Firm of the Year, an award offered by HFMWeek. Two years later, Fortress acquired HFMWeek’s ‘Management Firm of the Year’ title.
Original source : https://www.inc.com/profile/fortress-investment-group