Fortress Investment Group is a New York City-based Investment Management firm that was founded as a private equity by Randal Nardone, Rob Kauffman, and Wes Edens in 1998. However, the official launch for the investment group was in 2007, February 9. Fortress Investment Group has over the years grown to become the first largest equity investment company to be publicly traded in the USA. The founders of the company ensured it is a success because of their diverse knowledge and expertise when it came to the financial and investment industry. The founders of the company held managerial positions in various other companies before coming together to start Fortress Investment Group. The success of the investment group is also notable due to their vast growth and its quick expansion into other financial sectors. Some of the sectors include debt security, Real Estate investments, and Hedge funds among others. Wes Edens and two other company founders have also been on the Forbes Billionaire list for quite some time. Ever since the company began, it has immersed and impressive portfolio that makes it stand out from the rest of its competition in the investment sector. The core competencies of Fortress Investment Group include:
- Asset Based
Fortress specializes in asset investment across its private equity and credit funds. The expertise of Fortress in asset-based investment extends to owning, financing, overseeing, and pricing the management of financial and physical assets. Some of these assets include financial assets, real estate assets, and capital assets.
- Operations management
Fortress is able to extract value from investments with the help of refined tools. Some of these refined tools include strategic and structural strategies, along with the ability to assess operational challenges. The refined tools enable Fortress to assist their clients in any problem related to investment.
- Industry Knowledge
Being the best in the investment industry means that Fortress has an in-depth knowledge of the areas it invests. The Fortress team is well equipped to handle various investment sectors since they have sector-specific expertise. Their expertise enables them to establish relationships with institutions, individuals, and companies worldwide.
- Acquisitions and Corporate Mergers
Fortress has an impressive portfolio when it comes to acquisitions and corporate mergers. Their experience enables them to work with stakeholders, management, and board directors to help them determine execution and optimal structuring of an investment.
- Capital Markets
Fortress also has an in-depth knowledge when it comes to the financing of its investments. It enables its clients to access equity and debt markets, which enable them to secure low-cost investments.Their staff also enjoy working at Fortress Group. A majority of Fortress employees say that the company is fast paced and it enjoys a high turnover. The company also offers training and gives their employees added experience when it comes to the investment and financial sectors. Interns also learn from an elite group of trainers who are experienced in the investment world. With the impressive portfolio that Fortress has, it will continue being the best in the investment sector.
When you think of a Dallas-based investment management firm, you probably think of Highland Capital Management. Highland has become a leader in the area in giving clients the investments they need and returns that everyone wants. Most people in the finance sphere know that Highland focuses on low-cost alternative investments that other firms are afraid to offer because of lower margins for the investment managers, but Highland Capital Management is committed to giving their clients what they want. Because of this focus on the client, Highland boasts over $13 billion in managed assets. Most of this success and client-focus can be attributed to the President and CEO of the firm, James Dondero. Read more at Huffington Post about James Dondero.
James Dondero started out at American Express in the early 1980s. He was a bond analyst and worked to look for trends in the market and translate current conditions and future expectations into profit for his clients. After a few years in the JP Morgan Guaranty training program, he found that he was quite good at coaching clients and creating funds that would return profits. He grew a small fund to over $1 billion in assets at American Express. Only a few years later, he was hired as the Chief Investment Officer at Protective Life. There, he grew another fund to over $2 billion in assets in only a couple of years. Follow James on Linkedin.
Using his new-found knowledge and awards for his success, he decided to create his own firm. Thus, Highland Capital Management was born. Now Highland is one of the leading firms in the area and serves several types of clients, including other funds, governments, financial institutions, individuals, corporations, pensions, and foundations and endowments. They offer ETFs, mutual funds, collateralized loan obligations, and many other types of equity and credit investments that make their clients’ money.
Along with success in the business world, Dondero has been able to also create success in the philanthropic world. He has given millions of dollars to area charities and organizations, including several educational societies. He has even given over $10 million in profits away to the George W. Bush Presidential Library since 2012. James Dondero has been and will continue to be, a boon for the Dallas area.
It seems sometimes impossible to make ends meet. Even when people work and become prosperous, bills can sometimes become an overwhelming thing. In education at the high school level and below,, economics are taught, but it focuses on the economy as a whole and not things like money management and personal finances. These types of learning opportunities are sorely needed now because many of the financial pitfalls are hidden from all but the most savvy financial professionals. Consumers often only find these things out when they are bearing the brunt of some type of unfair system.
Formerly, these things were obvious, but now many financial traps are disguised to fool consumers into obtaining more than the desired amount of credit. This becomes a major issue that can affect the financial feasibility of doing things like moving out, starting a family and buying a home. In this manner, the growth of America is stiffed somewhat. I thought that I was above these pitfalls, but actually no one is. However, at least I am smart and resourceful. I also have the time to research things, but I often wonder what people that are not as fortunate as me do when they encounter these unfair financial products.
These issues are really rampant in the automobile industry. There are problems at all levels that can endanger the financial stability of families and individuals alike. It is very alarming that people can be affected that way without any recourse, but this is the case many times when unsuspecting consumers begin to purchase vehicles. The problems reaches from the salespeople to the finance companies. It is in the financing realm in which I encountered the issues that impacted me more broadly than it ever should. There are solutions to these issues, but they are not readily evident even with research.
That is why I made this post. I actually found a reputable company that refinances car loans. I may date myself somewhat by saying that before the internet, the option for refinancing an auto loan were nonexistent. Now I have found a fitting solution that is completely transparent and helpful. Ignition Financial is the only company I trust in the entire automotive industry. their website was clear and responsive, and so were their customer service representatives. I had no issues refinancing, so I am shouting it from the rooftops. Ignition Financial did the trick with no nonsense.