Why Fortress Investment Group Is an Indisputable Trendsetter

July 12th, 2018 by admin

Any company that becomes a force of innovation and trendsetter is worthy a loud mention. It’s not possible for any company to set the trend for others if it doesn’t embrace innovation and technology. It’s worth noting that the Fortress Investment Group has been on the lead when it comes to innovation and technology matters. The private equity company was founded in 1998, and its presence has spread to most parts of the world. Those looking for an optional asset investment company consider Fortress Group. With over $30 billion assets to manage, the Group has become a global wave today. A thousand investors can approach this company and find opportunities to invest in permanent capital and private equity vehicles.

The Fortress Group has attained such an immense global presence because of the strong foundation its three main founders laid. When you think about how successful the Fortress Investment Group has become, you can’t help being indebted for what Wes Edens, Randal Nardone, and Peter Briger did to shape it. These three founders had profound financial experience that pushed the Fortress Investment Group to where it is today. The three men had worked in various companies and financial institutions such as BlackRock Financial Management, UBS, Lehman Brothers, and Goldman Sachs, which were the source of their massive experience on financial matters.

The Fortress Group had made several attempts before it became the global food processor it is today. The Fortress Investment Fund I was the first vehicle the company used in its journey. The firm had initially invested in the real estate markets in New York and Toronto. The Fortress Group launched its Initial Public Offering 10 years after it was founded. The company then started Fortress Investment II, III, and IV in 2006. Eight years later, the Fortress Investment Group opted to acquire the general Financial Services in America.The population of the Fortress Group spread speedily when it went public. Nardone, Briger, and Edens remained at the top leadership of the Fortress Investment Group even after the SoftBank Group Corporation bought it. The Fortress Group has divided its current operations into private equity, credit, and permanent capital vehicles. The current value of the Fortress Group is about 20 times the value it had in the beginning.

Posted in Finance Advisor, Finance Expert

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