In just twenty years in operation, Fortress Investment Group has not only revolutionized the investment market but also has become a trendsetter. From just a private equity firm, the company made history as the first private company (equity firm) to go public in NYSE. From that historic stride, the company has revolutionized asset management to more dependable and a reliable practice.
The origin of Fortress Investment Group stretches back in 1998. The three initial founders, Rob Kauffman Wesley E. and Randal N. had such a big and clear dream. The company has grown to be the solution providers in the following financial areas. First, the company specializes in asset-based investing. This genre of investing is one of the main areas the company has specialized over the years and they have been successful. Second, the company has a lot of expertise in operation management. With the right personnel and the right business models, the company has been able to maximize on the possibilities of all what they have invested. Third, as a company, Fortress Investment Group has been able to facilitate one of the best and smooth corporate merges in the last twenty years as well as acquisitions. Finally, the company has been instrumental in capital markets and this expertise has benefited the company’s clients.
It is without a doubt that the company has one of the best finance pundits in leadership. With the initial, three founders who were financial experts before the formation of this company, Fortress Investment Group has been able to bring on board Michael Novogratz. He is an experienced fund manager with vast experience. Additionally, the company also brought Peter Briger. He also has a vast knowledge in financial markets and more specifically the Asia market.
As a company, the firm is always in constant research to evaluate the investment opportunities for their investors. One of the recent investment is iPass. The technology is revolutionary and the company saw the potential in the technology, evaluating the possibilities and potentiality of the investment. With these expansions on investment, the over 1,750 investors are assured of returns.
The company currently direct over $43 billion in all spheres of operations. Therefore, the company is synonymous with success.