Fortress Investment Group is a large private equity firm in New York City. The company was founded in 1998 by Wesley R. Edens, Rob Kauffman, and Randal Nardone. They own $70.2 billion in assets that consists of private equity, liquid hedge fund, and credit funds. They offer a diverse range of services including real estate and capital asset investing.
In addition, they provide advice on pricing, owning and financing physical and financial assets. They provide investment services and manage portfolios for clients. They have worldwide locations with a highly qualified team of investors. They provide operations management services, corporate merger, and acquisitions expertise. They offer low-cost financing to clients and have invested over $100 billion in credit assets and the credit industry. They invest in software, gaming pharmaceutical, and energy. They are also invested in data centers, telecom, restaurants, media, and entertainment. Read more on Wikipedia.
When investing the Fortress Investment Group, takes direct lending, liquid high yield, leveraged loans and structured finance into consideration. They also review structured equity, manager partnerships, and legal assets. They are actively involved in the credit market and purchase bonds and bank debt from brokers. They incorporate liquid assets into their firm and provide loans, buy portfolios, debt and real assets. They are focused on investments in North America, the Caribbean, and Western Europe. They manage five permanent capital vehicles that consist of New Residential Investment Corp., Fortress Transportation & Infrastructure, and the New Senior Investment Group.
The Fortress Investment Group is managed by leaders in finance such as Peter L. Briger Jr. the principal and co-chief executive officer. He controls credit business and worked at Goldman Sachs & Co. before coming to Fortress. He received his bachelor’s at Princeton University and his master’s from the Wharton School of Business at the University of Pennsylvania. Wesley Edens is the co-chief executive officer of the company and is responsible for private equity investments. He worked for Blackrock and was a managing director for Lehman Brothers. He received his bachelor’s in finance from Oregon State University. Randal Nardone is the co-founder and principal of the company and worked at UBS and BlackRock. He received his bachelor’s in English and biology from the University of Connecticut and his J.D. from Boston University School of Law.
Fortress Investment Group has over 2,000 employees with national and international offices. They have international offices in Japan, Australia, Europe, and England. Their offices in the United States are located in Texas, New York, and Georgia as well as Florida and California. The company offers a diverse work environment with the opportunity for growth and career advancement.
The director of the Fortress Investment Group, Michael Novogratz was the co-chairman of the U.S. Wrestling Foundation. The Olympics dropped wrestling from their sports teams due to lack of team development; however, he is raising funds to encourage the continuation of the sports.
The Fortress Investment Group is a leader in investments and offers exceptional strategies. They have an established clientele and promote long-lasting relationships.