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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