Fortress Investment Group has become a global phenomenon in the business of asset management as it not only provides comprehensive financial and investment services to the clients but has a proven track record that speaks for itself. The company manages more than $70 billion in assets for its over 1,750 clients based across the globe. The company pioneers in the field of asset and investment management and have a host of professional investment managers who have years of experience in the business.
Fortress Investment Group started its operations in the year 1998 and went on to become the first private equity firm in the United States to be traded publicly. The company went public in the year 2007 and has since then diversified into providing many financial services, including hedge funds, credit funds, alternative asset management, private equity, mergers and acquisitions, and so on. Fortress Investment Group was founded by three financial executives, namely Wesley Edens, Rob Kaufmann, and Randal Nardone. Even though the company initially was a private equity firm, it went onto start many other services in the areas of real estate, debt securities, hedge funds, and more. Today, it has nearly two thousands clients across the globe and regional offices in different parts of the world. It continues to expand its operations globally because it believes that the only way to stay competitive is by reaching out to new clients. The personalized fashion in which it devises the investment strategies for the clients and helps them manage their asset and wealth has proven beneficial for the clients. The results it has provided to the clients are overwhelming, even in the bear market.
Apart from running their business, Fortress Investment Group has also been involved in many different things. In the last decade, they helped finance the 2010 Winter Olympics to help build the skiing village that cost about $2 billion. The company is also known to take care of their employees and allow them to flourish. The company offers training but insists on them to learn while working. The employees are provided with a friendly environment where they are free to discuss any issues with the management openly.