Fortress Investment Group is an investment group which is headquartered in the United States in New York, New York. Randal Nardone and Wesley Edens founded the company in 1998. Wesley Edens and Peter Briger are Co-CEOs of the company. Daniel Bass is the Chief Financial Officer of the firm. The leaders have an extensive professional background in business which includes areas such as senior living, banking, law, and finance.There are more than 900 employees at Fortress Investment Group. Employees consider the company a good place to learn. The company provides staff opportunities to work in different industries which offers employees access to career development in areas of financial services. Employees feel the work is challenging and they are recognized and rewarded for their achievements.
There are over 1500 institutional and private investors served by Fortress Investment Group around the globe. The firm is the first of its kind to go public on the New Stock Exchange. Currently, the company directs more than 43 billion dollars in assets. Specialties of the firm include asset based investing, capital markets, and operations management. The company invests in various parts of the world which include North America, The Caribbean, and Western Europe. Fortress Investment Group invests in a variety of areas which include senior living facilities, real estate, healthcare, and loan servicing.
The company is involved in real estate endeavors in the community. Recently, Fortress Investment Group presented at the 18th Real Estate Private Equity Summit, which occurred in March 2018 in New York. Moreover, the company gave a presentation at New Hotel Development and Construction during February 2018 in New York.During 2017, the Fortress Investment Group was purchased by the Softbank Group Corporation, which is a headquartered in Tokyo, Japan. The company was sold for 3.3 billion dollars in cash. The purchase was the Softbank’s initial investment in asset management. Primarily, Softbank’s worldwide business portfolio consists of aspects of technology.