Fortress Investment Group Globally Trusted Investment Management Firm

For companies and individuals who are confused as to where and when to invest, taking the advice of a reputed investment manager is an ideal solution. The primary role of the investment manager is to look for investment opportunities that align well with the clients’ economic status and future expectations. Different companies, as well as individuals, have different financial goals, and investment managers customize the business and investment solutions they provide accordingly. One of the companies that have been in the news for its shining performance over the years is Fortress Investment Group. The Fortress Investment Group has achieved quite a lot of success in the financial world since it was launched in 1998 by Wesley Edens, Randal Nardone, and Rob Kauffmann. The company started off initially just as a private equity firm but later went on to provide a range of other financial services including real-estate investments, credit funds, hedge funds, mutual funds, and more.

The Fortress Investment Group is also the first private equity firm to be listed on the New York Stock Exchange. Goldman Sachs, as well as KPMG, underwrote the initial public offering of Fortress Investment Group. The company has come a long way since its launch, and its assets under management continue to jump considerable heights with every passing year. Many companies are coming up to Fortress Investment Group for advice and managing asset portfolios as the results that Fortress Investment Group has been delivering the past few years has been stellar. The primary reason behind the massive success the Fortress Investment Group has achieved with its clientele is because the company spends a lot of time and person-hours on research. It helps in analytically coming to a conclusion as to where the market is heading.The work culture at Fortress Investment Group is nothing short of magical, and the employees working at the company can vouch for it quickly. The employees of the company are not only professional but also ensure courtesy and honesty with their work and attitude.

The Fortress Investment Group is considered by many magazines and independent review sites online as one of the best employers in the financial world. The best part is that it is not only due to the pay packages that the company offers to its employees, but also the opportunities it presents in a growth-oriented work environment. Fortress Investment Group has been functioning independently for many years, but recently was acquired by Softbank Group Corp. However, the takeover by Softbank Group Corp hasn’t changed much because as per the deal of the acquisition transaction, Fortress Investment Group would continue to function independently. Fortress Investment Group also came in the highlight internationally when it almost put the 2010 Winter Olympics in Canada to halt. The fact of the matter was that the event used the British Columbia Ski for one of the event and the government owed money to the company, which was overdue. Fortress Investment Group threatened to sue the Canadian Government due to the repeated defaults being made. The problem was later sorted, and the Olympics continued as scheduled.

Source of the article : https://www.wsj.com/articles/softbank-nears-deal-to-buy-fortress-investment-group-for-more-than-3-billion-1487112978

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