Fortress Investment Group is an investment firm that has its headquarters in New York. The company began in 1998 as a private equity firm. The founders of the company include Wes Edens, Randal Nardone, along with three other principals. Their love for investment and finance is what brought them together to form Fortress Investment Group. The company goes down in history as the first private equity company to trade publicly. The company has an impressive portfolio and this makes various corporate and individual clients seek out their services. The company has an in-depth experience of the finance and investment sector.The professional team in Fortress makes it possible for the firm to offer various services. The services they offer include credit markets, traditional asset management, and private equity. The core competencies of Fortress include
- Industry Knowledge
The in-depth knowledge that fortress has when it comes to the investment sector enables them to execute proper investments and operate portfolio companies. They have a team of professionals who have vast experience and specific expertise in forming a relationship with leading clients
- Asset Based
The primary function of the fortress is specializing in asset investments. They also help to make clear the essence of deep investments. Apart from that their services equally extend financing, owning, overseeing, and pricing the management of financial and physical assets. These assets range from capital to real estates.
- Operations Management
Fortress has a specific set of tools that enable them to assess the structural, strategic, and operational challenges. The tools allow fortress to extract value and engage in complex investments.
- Acquisitions and corporate mergers
The experience Fortress has in corporate mergers enables them to work comfortably with corporate management, the board of directors, stakeholders and help them determine execution and the optimal structure of investment.
- Capital Markets
Fortress has expertise when it comes to securing investments that are low costing and have few risks. They obtain this information through the equity and debt capital markets.Currently, Fortress is no longer an individual company as there was a merger between the firm and Softbank Group. Upon the closure of the agreement, Softbank group became the new owners of the Fortress shares. However, they kept the management to continue running the firm. Among the people kept in their position is one of the co-founders of Fortress, Randal Nardone. He was and still is the CEO of the firm despite its new owners.