Fortress Investment Group Leader in Innovation in the Financial Industry
If you are looking for professional assistance with managing your assets and investments and need some expert advice, it has become crucial to take advice from the investment managers. The company launched its IPO in the New York Stock Exchange in the year 2007, and at the time of the launch, it was the only private equity firm of its size to be traded publicly. In the field of alternative assets management, Fortress Investment Group is the name to reckon with and has provided services to nearly two thousands clients worldwide. With time, the clientele network of the company has been growing steadily. Fortress Investment Group was founded in the year 1998 by Wesley Edens, Rob Kauffman, and Randal Nardone. All the three co-owners and founders of the company have a huge experience in the field of finance, and they used their experience, expertise as well as the existing client base to give the boost to the company initially.
It is their effort and leadership that helped Fortress to achieve new heights of success in a very short period of time. Fortress Investment Group provides a wide range of financial products and services to institutional investors, high net worth individuals, and organizations. At present, Fortress Investments has more than $65 billion in assets under management, and the count is increasing steadily with time. One of the many reasons why so many global companies trust Fortress is due to its vast network across the globe, the pool of expert investment managers, and the in-depth research capabilities. The past track record of the company clearly proves its leadership position in the field of investment management.
Recently, the Softbank Group purchased Fortress Investment Group for over 3 Billion dollars. Softbank believes that it would help the company to make its foothold stronger in the West, and also adds to its financial research capabilities. Fortress Investment Group already has a plan for the future and is looking to raise fund for an amount of $2 billion. The company already had a good reputation in the market, and it seems like a breeze. Even though the final plans are still being laid out, the company is hopeful that the decision will allow them to expand their services further and reach out to more clients who can enjoy huge benefits by hiring their services. The clients of the company trust them blindly because of the high-quality services that the company offers them.