Recently, Kay Singer published an article titled “A Force of Innovation: Two Decades of Fortress Investment Group.” The article was published in the New York Patch. Fortress Investment Group was founded in 1998 as a private equity firm that has been setting the trends since it was IPO in 2007. It became one of the first large private equity firms that were publically traded on the NYSE.
Fortress has created more than $43 billions of assets. They have 1,750 investors in private equity, hedge funds, and capital vehicles. They created a risk-adjusted strategy for investors. Not only do they help their investors, but the company also employs more than 900 people. They have three different headquarters in New York, and San Francisco.
Fortress Investment Group focuses on operations management, capital markets, asset-based investing, corporate mergers and acquisitions, and market knowledge of institutions and companies. They have private equity and credit funds to make up the assets. They invest in capital, financial vehicles, and real estate for the long-term investors. They are also experienced experts in managing physical assets. The company has also created a strategy for making more value in intricate investments. In particular, they use the facts, the structure, and the operations to help manage the variety of portfolios.
The company has created renown as one of the leading experts in mergers and acquisitions. They develop relationships with board members, corporate stakeholders, and management professionals. They also have a specialist in securing equity markets and debt. The company also has a strong history of managing companies with institutional knowledge in many different industries.
Within the first ten years since its founding, Fortress Investment Group proved its potential in the dramatic IPO. It had expanded its first fund into four different versions. They also had internet Long Dated Value Funds, the Fortress Brookdale Investment Fund and the Special Opportunities Fund. Later, it gained two leaders in the industry.
They added Michael Novogratz and Peter Briger to join their company. Fortress Investment Group added Novogratz who had recently been working with Goldman Sachs as a fund manager and joined Fortress Investment in the same capacity. Peter Briger joined as a principal where he came from a background of working in the Asian financial sector.