The foundation of Fortress Investment Group was done in 1998 by the likes of Randal Nardone who is still the principal, Wes Eden, and Rob Kauffman who retired in 2012. The three professional entrepreneurs brought with them very effective financial experience, which they got from their former positions while working with several successful companies including Lehman Brothers, Goldman Sachs, BlackRock Financial Management, and UBS.
The performance of Fortress Investment since its establishment
Since the establishment of Fortress Investment Group as a private equity institution, the firm has always been holding its reputation and has been a trendsetter to many financial institutions. This was summited by its public offering in 2007 when it was ranked to be the only large-scale private financial firm to be publicised by the New York Stock Exchange. By now, the company is diversified globally and is one of the biggest investment firms. It directs more than 43 billion dollar fortes for more than 1,750 private investors, hedge funds, and permanent capital vehicles. The institution headquarters in New York has over 900 employees.
The firm’s professional specialty
Fortress Investment Group has always specialized in different areas, which have led to its tremendous growth. Most of the core areas are in the asset-based investments, the capital corporates acquisitions, just to mention a few. The company’s investment coverage include real estate investments, and for many years been helping investors in the management, ownership, pricing, and financing of assets. The firm is in a stable position in line with the management system. It has for long been able to come up with crucial implementations to assist investors when it comes to bringing values to the investment sector. The institution also has much expertise when it comes to management of merger and acquisitions.
Fortress Investment Group has about 1,000 employees who have professional skills and expertise. The competent workers create good relationships with stakeholders of different board memberships, corporates, and professionals from management areas. The company’s three principals have worked for the firm and have ensured it remains successful in its operations.