Fortress Investment Group is a highly reputable alternative investment company based in New York. The firm was established in 1998, with the sole aim of helping investors diversify their portfolios by linking them to a larger pool of highly profitable investment opportunities locally and international. The founder would go one to establish one of the most diversified funds with numerous investment vehicles. Visit https://www.bloomberg.com/profiles/companies/FIG:US-fortress-investment-group-llc
Driving excellence through experience
Prior to establishing the firm, the investment firm’s founders were deeply involved in the banking and finance fields. Coming from different investment backgrounds they all had the much-needed experience to run various arms of the fortress investment group. Their experience doesn’t just manifest in the fact they were able to turn the firm into the largest investment company but in how they handled the 2008 financial crisis.
Today,Fortress has over $40 billion in assets under management and has clients spread out all across the world. Most of the group’s investments are spread across asset-based investing, capital markets, operations management, corporate mergers and acquisitions and sector-specific firms and corporate institutions.
Factors influencing fortress investment group’s sustainability
The firm’s management is consistently coming up with strategies to fuel their growth. For instance, after the near collapse of the mortgages and distressed debt markets during the last economic recession, fortress investment group sought to shift attention from these markets. They have recently perched on public transport when the investor launched the first privately owned and operated railway line in the country, Brightline that connects Miami and Orlando cities in Florida. The company is also evaluating investments in the technology sector.
Acquisition by Softbank
After close to two decades of consistent success, fortress recently changed ownership after its acquisition by Japan’s Softbank. Softbank is a technology investment firm that is on the verge of diversifying its investment base. The acquisition would see the company delist from the stock market and revert to being a private company.
However, Softbank retained the current management team comprised of Fortress principal founders. Despite its owners maintained their headquarters in Tokyo, Japan Fortress investment group will maintain its offices in New York with n disruption to its investor list or investment strategies.
Read more on fortress.com