Fortress Investment Group’s Extensive Experience In Financial Industry

In 1998, Randal Nardone and his colleagues who were both Wes Edens and Rob Kauffman made a general resolution and erected Fortress Investment Group which is an asset management firm. New York City became the first place it situated its headquarters because in 2014 it developed several offices in areas like Singapore, Shanghai, San Francisco and two in Asia. 2007 was the year when it became the first private equity firm company to go public by being listed in the Stock Exchange Market of New York City. It has hired more than 900 employees in its offices and also, for the benefit of its investors it has adopted the use of risk-adjusted income strategy.

Providing Debt funds and private equity has been a way out by Fortress Investment Group to accomplish its core expertise in investment management. It also has experts to carry on the managing, pricing and possessing the physical and financial assets. Also, it has set up robust tools to extract the value directly from the complex investment to succeed in its operations management. Furthermore, proper management of its portfolio has contributed multitude in the success of assessing the operational, structural and facets speculating on the ground.

Over the years, Fortress Investment Group has been able to raise capable managers who can professionally administer the mergers and acquisitions. It has a pool of Knowledge and skills since it existence because by reviewing it co-founders career history, it very clear that these people served in top positions in their previous jobs. The companies include; Goldman Sachs, Lehman Brothers, Black Rock Financial Holdings and UBS and with the experience, they carried them along to Fortress. Another reason for its extensive experience in the financial sector is due to controlling and working with several portfolio firms.

In conclusion, as Wes Edens and Randal Nardone dedicated their life and effort for the success of Fortress Investment Group, one of their colleagues officially known as Robert Kauffman decided to venture his long life interest and that was after fifteen years of service in Fortress. However, 2002 was the year of its success due to the mega boost its leadership gets by two key players being employed. One of these two individuals was Peter Briger, who would later become a co-CEO of the organization. The principal reason why he was recruited was to spearhead the transitioning of Fortress Investment Group from a pure equity investment firm to become an alternative asset management organization.

Read More : www.businesswire.com/news/home/20171227005358/en/SoftBank-Group-Completes-Acquisition-Fortress-Investment-Group

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