Fortress Investment Group LLC is a worldwide manager of assets. The company saw it’s inception during late 1998. Randal A. Nardone, Peter L. Briger, and Wesley R. Edens lead all of the company’s major operations. Wes Edens and Randal Nardone are the co founders of the firm; Peter Briger (along with Wesley) serves as the Chief Executive Officer. Fortress Investment Group manages more than $39 billion for various investor clients.
Read the article about Fortress at The Wall Street Journal.
Asset-based investments has fueled the ongoing success of the Fortress Investment Group over the last ten years. They have filled a gap in the investment world. By providing a diversified business model, their traders and investors have high returns and success rates. This is one of the major reasons why fortress generally deals with complex investments with ease. Another reason for their abundant success is that Fortress Investment Group communicates with their investors frequently to assure smooth transactions.
Fortress Investment Group LLC has a large credit sector to their asset management. This is because they tactfully approach these types of undervalued assets and provide plans for growth. There is currently more than $22 billion being overseen in this sector of Fortress. The company also specializes in investments that deal with intellectual property and oil resources.
There is an industry information component to the website of Fortress Investment Group. This is where clients of the asset managers can see patterns within the industry and important news. They also have an archives library section to the website. This enables investors to go back and search for information that may have been released prior to their partnership with Fortress.
Being a worldwide asset management company, Fortress Investment Group also provides information that is specific to respective countries on their website. This includes important tax information and financial reports. The company has main offices in New York City, New York and San Francisco, California.