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.