Fortress Investment Group.
Fortress Investment Group is an investment management firm that deals with controlling credit funds, private equity and liquid hedge funds of alternative resources. The company was founded on January 1, 1998. It’s a developed and highly spread international investment management company. Fortress Investment Group LLC uses its wide-ranging expertise and experience in various investment approaches such as Credit, traditional asset management, liquid markets and private equity. Fortress serves a spectrum of more than one thousand and five hundred individual investors and institutional clients throughout the globe. The fortress was founded by Randal Nardone, Wesley R. Edens, and Rob Kauffman in the year 1998 and was based in New York City.
Fortress Investment Group received an award for the Hedge Fund Manager of the Year in 2014. The award was presented by Institutional Investor. Fortress also won the Management Firm of The Year in the same celebrations. The award was presented by HFMWeek. Before this award-winning, Fortress had also been recognized as Discretionary Macro-Focused Hedge Fund of the Year and also for the Credit Focused Fund of the Year in the years 2012, 2011 and 2010 respectively by the Institutional Investor.
Fortress Investment Group LLC was eyed by SoftBank Group on February 14, 2017. SoftBank Group proposed to offer $3.3 billion for the transaction. The move for the SoftBank acquisition came to be completed in December 2017.
Fortress Investment Group LLC is headed by Randal Nardone who is its Chief Executive Officer and was one of the founders of the firm. He is one of the three principals of Fortress Investment Group LLC. The other principals are Wesley R. Edens who is a co-founder and Peter L. Briger. The company’s Board of Directors is made of seven investors among them are Peter L. Briger who is a co-chairperson, Wesley R. Edens who is a co-chairperson too, David B. Barry, Randal A. Nardone, George W. Wellde, Jr, Douglas L. Jacobs and Michael G. Rantz.
Fortress Investment Group LLC prefers putting its investment in financial services, transportation and infrastructure, Real estate, Media and telecommunications, leisure and healthcare and senior living. It also deals with Power generation equipment, healthcare amenities, renewable electricity procedures and consumer discretionary. Fortress Investment Group LLC has most of its investments in Caribbean, Western Europe, and North America. The company has preference in of having majority stake in firms that it has corporate control.
The primary preference of Fortress Investment Group LLC is to provide services to individual investors and also high net worth investors. The company involves in control-leaning investments in cash flow making, make debt investments, purchase assets, and property based investments. It mostly invests in currency, derivatives, equity, commodity markets, and fixed income all over the world. Fortress alternative investments are distressed real estate loans acquisitions and real estate markets investments.
Fortress Investment Group LLC specializes in recapitalization, turnaround situations and buyouts. It hires experts in various departments of its operations. Fortress also focuses on providing excellent customer services throughout the company’s dealings.
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