The Founders and Core Competencies of Fortress Investment Group

Twenty years after its founding NYC based Fortress Investment Group (FIG) is managing $42.1 billion in assets. Fortress’ list of clients is comprised of 1,750+ private and institutional investors. A global company FIG has offices in the US, Europe, Asia, and Australia.

Fortress’ Founders

The credit bureau at FIG is overseen by Co-CEO Peter L. Briger. Before co-founding Fortress Investment Group Mr. Briger was a partner at Goldman, Sachs, and Co. Based in the company’s San Francisco office his education includes an M.B.A. from the Wharton School of Business at the University of Pennsylvania. Mr. Briger’s charitable work benefits low-income families and college-bound students.

Holding a BS degree in finance Co-CEO and co-founder Wesley R. Edens handles alternative investments and private equity from the Fortress Investment Group home office. Prior to taking part in establishing FIG Mr. Edens was a managing director at Lehman Brothers. Mr. Edens has a passion for athletics and owns the Milwaukee Bucks basketball team and a soccer team in England.

Based in NYC Co-founder and Principal Randal A. Nardone has the Fortress Financial Group CEO since 2013. Mr. Nardone holds degrees from the University of Connecticut and Boston University School of Law where he earned a Juris Doctor. His prior experience in the financial sector comes from having been a principal at BlackRock Financial Management and a managing director of USB.

Fortress’ Core Competencies

Core competency refers to the services at which Fortress Financial Group Excels. The experts at Fortress know how to expedite mergers and acquisitions (M&A). FIG helps M&As get accomplished faster because the company also handles valuation. Valuation is the process of determining the value of the two companies involved by determing their assets and liabilities and the ultimate cost of reorganizing before the merger or acquisition is complete.

The other core competency at Fortress Investment Group is the company’s knowledge of the industry it operates in. That knowledge comes from the combined investment experience of Misters Briger, Nardone, and Eden. Add to that Fortress staff’s twenty years of experience in successfully growing their clients’ investments and portfolios.

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Investment opportunities at Fortress Investment Group

Fortress Investment Group is a leading global investment and management group founded as a Private Equity Firm in 2007. It was the first large firm to be traded publicly. The investment group is structured on diversity and specialized expertise. The firm provides a range of investment strategies such as credit, private equity fund, liquid markets, and traditional asset management to over 1,500 investors both institutional and private on an international level.

Services offered by Fortress

Fortress, also known as FIG is headquartered at the East Coast in New York with an employee base of around 915 in asset management and 205 investor professionals globally. Fortress Investment Group provides its services to investors at the debt stage, early-stage ventures, late stage ventures, Private Equity, secondary market, and Post IPO stages. The Private Equity Fund and Credit Funds are centered on asset-based investments with the advantage of the firm’s experience in investing profoundly and in various asset types. The expertise is crucial in pricing, ownership, financing, and management of the financial and physical assets, such as real estate, capital assets and financial assets that rely on secure and long-term cash flow.

Fortress Investment Group also has an in-depth knowledge of its client base to execute expert services. They also maintain operating portfolios of the companies through its qualified professionals who adhere to specific sectors and forge relationships with diverse institutions, companies, and individuals globally. Fortress Investment Group has access to the debt and equity capital markets with expertise in securing low-risk and low-cost financing opportunities for its investments. As of 2018, Fortress Investment Group had raised a total fund of $2.7 billion through its investment strategies.

Fortress is up-to-date with required operational tools for assessment, strategic and structural challenges. These tools are essential in engaging and extraction of maximum value from complex investments. The Investment Group has a history of acquisitions, such as the Corevest American Finance announced in 2017 and Liberty Group Publishing announced in 2005 as well as mergers. The firm works with corporate boards of directors, management teams, and stakeholders to ascertain the best structures and execution of any investment.