The Journey of Fortress Investment Group

Fortress Investment Group has a strong foundation on management and it is an investment management organization with its headquarters in the New York City. The company was founded in 1998 by and has more than twenty years experience in management of assets. The management of the Fortress Investment Group is led by Chief Executive Officer Randal Nardone. He is also the co-founder of the organization. Wes Edens is the principal, co-chairman and also the co-founder of the firm. The management of the group highly skilled in the sector and have a rich work experience from other key companies. The company has more than 2500 employees and has made a huge net worth in their two decades in the business world in the United States of America and in other countries, and resume them.

As a result of their great share in the market, Fortress Investment Group was one of the key contributors to the 2010 Olympics that was held in Vancouver Columbia. The company was contracted to lend funds for the Millenium Development Group to build an Olympic village for the athletes. The company provided a higher percentage of the funds that were used to construct the athletic village for the Winter Olympics in Southeast False Greek Vancouver. Many of the people and the employees who have worked with the Fortress Investment Group have applauded the organization for their competence in ensuring the rights of their workforce are respected. Fortress Investment has also utilized the social media networks as their marketing strategy and they command a great following on Facebook.

Fortress Investment Group provides a variety of services to their clients across Europe. They provide investment strategies to clients who want to venture into the business. Their dedicated workforce provides an updated research on the market trends for investors both in the corporate and the private world and advises them accordingly on the businesses which can provide them with good returns in the market. Fortress Investment also gives an insightful trend in the current market and predicts the future in the dynamic business world to their clients. It also offers funds to investors to either start a business or boost their already existing businesses. Fortress Investment also provides management to investments in the market. other services also provided by the firm include hedge funds and other traditional asset management, and learn more about Fortress Investment Group.

Fortress Investment Group was fully acquired by the Softbank last year. This was due to the deal entered by the two companies on 12th July 2017 that Softbank was willing to buy the Fortress Investment Group. On 27th December 2017, the deal was finalized as the Softbank Group pay an accumulative sum of $3.3 billion in cash for the agreement that the two big companies had entered. Since then, Fortress Investment Group has been operating as an independent business but with headquarters still in New York City. The agreement also stipulated that the management of Fortress Investment Group will be handled by their initial principals that is Wes Edens, Peter Briger, and Randy Nardone whereas the issues of leadership, business model, brand, and processes will be managed by Softbank, and read full article.

Other Reference: https://www.bloomberg.com/news/articles/2017-02-14/fortress-shares-jump-27-on-report-softbank-nearing-buyout