One of the most well respected asset management companies in the world is Fortress Investment Group. The firm additionally manages liquid and credit hedge funds. The firm is based in the United States out of New York and was founded in 1998. The company provides extensive expertise and outstanding services in the investment sector. The business is currently managing roughly 1,500 private and organizational properties all over the world. The principal for the business is Peter Briger, the co-founders are Wes Edens and Randal Nardone and the firm employees approximately 900 people. Patch.com recently published an article about Fortress Investment Group. They stated the success of the firm is due to strong, risk adjusted returns and an innovation strategy. In 2007, the business gained recognition as the first private firm participating in the NYSE or the New York Stock Exchange. The company is currently providing a wide variety of global investment activities.
The firm is responsible for the management of investor’s assets totaling roughly $43 billion.This is from hedge funds, private equity and several other sources. The company also has competencies and expertise in capital markets, asset based investments and operations management. The firm has general knowledge regarding the investments of companies. Their knowledge concerning corporate mergers and acquisitions is also considered adequate. The company spent $3.3 billion on the Softbank purchase in 2017.Fortress Investment Group consists of three operational segments. These are Permanent Capital Vehicles, Private Equity and Credit. The credit segment was launched by Peter Briger in 2002. This comprises the Fortress Japan Opportunity Funds, Fortress Secured Lending Fund, Drawbridge Special Opportunities Funds, Fortress and several others.
The majority of these investments are global. The operations of the private equity segment are concentrated in Western Europe and the Caribbean. The division includes services such as healthcare, infrastructure and financial. The holdings of Fortress Investment Group include Global Signal and Aircastle. There are five capital vehicles publicly traded comprising the Permanent Capital Vehicles. These are Infrastructure Investors LLC, the New Media Investment Group, Fortress Transportation and the New Residential Investment Corp, Eurocastle Investment Limited and the New Senior Investment Group. Residential property real estate investments are the focus of the stated bodies. This includes United States housing properties, local media and assets related to real estate mostly in Italy and transportation structures. The company is currently divided into three separate segments to get specialized expertise and improve services.