The role of alternative asset class has significantly increased in the last few years as the general assets are underperforming. While individual investors are struggling to keep their finances in order, it has become difficult for the institutional investors as well to keep up with the market trends and its unpredictable volatility. Managing assets and defining short and long-term investment strategies mark some of the most significant challenges that the organizations face. It becomes difficult for the organizations after a point of financial growth to manage their finance and assets in a primitive manner in-house. It is when help from the professional investment and asset managers comes in handy. One of the largest alternative asset managers in the world today is Fortress Investment Group.
Fortress Investment Group is a publicly listed investment management firm with over $50 billion in assets under management and counting. Fortress Investment Group was founded by Wesley Edens, Randal Nardone, and Rob Kauffmann. Currently, Randal Nardone is the Chief Executive Officer of the company, which was recently taken over by the Softbank Group. All the three co-founders of Fortress Investment Group has had phenomenal success in their career in the financial world, which is what triggered the partnership and the thought of starting out on their own. Fortress Investment Group was primarily an equity firm but later moved on to other sectors as well, including real-estate investment, hedge-funds, and debt securities. The company has won many awards over the year for its remarkable performance in the hedge fund and investment management industry.
Recently, Fortress Investment Group was acquired by Softbank Group Corp for $3.3 billion. The acquisition means that Softbank owns the outstanding shares of Fortress Group. In the press release issued by Softbank, it was mentioned that all the due diligence and formal procedures for the completion of the transaction had been completed. Fortress Investment Group has close to 2,000 institutional clients across the globe and has nearly a thousand employees stationed at its headquarters in New York and other satellite offices in the United States, and elsewhere. Fortress Investment Group devices investment strategies for the clients that would help them multiply their investments over a period while also help to minimize the risks of market volatility.
The management services offered by the company also includes corporate mergers and acquisitions, which can be very complicated and time-consuming. With years of experience in the financial industry, Fortress Investment Group is geared to handle even the largest of mergers and acquisitions with ease. The company’s management team has won many awards over the years for their superlative performance and achievements, including providing clients with exemplary returns even during sluggish financial market. The equity market is the key focus of the company and the analysis done by the company is considered to be highly predictive and accurate. Many of the clients have recorded huge profits through the financial planning and advice given by the company. Fortress Investment Group continues to help its client sail through the rough financial times to ensure long-term financial goals are achieved.