Fortress Investment Group is a leading financial services firm in the United States. It was founded in 1998 by a few finance professionals who looked to build an alternative asset management firm. Over a span of two decades, Fortress Investment Group gradually established itself as one of the most successful and reputable financial services firms in the industry. The firm specializes in providing asset management for institutional investors as well as acquiring investment interests in a number of different industries.
The firm is currently led by three distinct professionals. The top executives of Fortress Investment Group are Wes Edens, Randal Nardone and Peter Briger. Each of these three executives serve as part of the management committee and the board of directors.
Wes Edens is the chairman of the firm as well as the co founder. He currently works in the private equity division of the firm. As a member of the private equity division, Edens focuses on finding investment opportunities and helping the firm acquire new clients.
Randal Nardone is another co founder of the firm and is currently a co chief executive officer and principal. He too works in the private equity division of the firm. Nardone specializes in finding investment opportunities as well as handling the legal aspects of the firm. Randal was a former lawyer before working in the financial sector.
Peter Briger is the co chief executive officer as well as a principal of the firm. Briger works in the credit asset management division. On a daily basis, Peter supervises a staff of professionals as well as helping clients manage their credit backed capital.
As an investment management firm, Fortress Investment Group focuses on helping clients better manage their assets. It oversees financial assets held by clients and provides them advice on how to best manage them. The firm also focuses its efforts on finding more assets for its clients to invest in as well. It has two major departments that include private equity and credit.
Fortress Investment Group was recently acquired by SoftBank in 2018. Since being acquired by the company, Fortress has been involved in a partnership that will benefit both organizations in terms of finding and acquiring more investment interests. These will help the two organizations reach their expansion goals in the near future.