Fortress Investment Group is a private global investment management firm that was founded by Peter Briger, Randal Nardone, Wes Edens on January first in 1998. With over 1,750 institutional investors and private clients worldwide, the firm excels in a wide range of investment strategies such as credit, real estate, private equity, and more. This private equity firm has grown throughout the years, 2015 was an exceptional year for the company after they launched a few new opportunity funds and Agreed to co-manage Mount Kellett investment funds and related accounts.
Being one of the largest alternative asset managers in the world, Fortress Investment Group has ensured that the already large company is continuously expanding and keeping a good name for themselves. Fortress’ “Drawbridge Opportunity Funds” was awarded Top Honors at Alt Credit Intelligence as the industry’s best Multi-Strategy Credit Fund, as well as being named “Best Credit Fund” at HFM Week’s 2016 US Performance Awards. As if that was not enough, Fortress Investment Group was also awarded Institutional Hybrid Hedge Fund Management of the Year by Institutional Investor. While this is all great, Fortress has success stories that go far beyond their awards and recognition. To know more about the firm click here.
In an effort to branch out and expand their business, Fortress Investment Group is the owner of Brightline, a passenger train in Florida intended to lighten the traffic in the area. Not only are they conducting business with their new railway, but they also partnered with iPass, a provider of global mobile connectivity. If this firm continues to reach out, they will go nowhere but up. Looking to grow as a company, Fortress will easily surpass their current $41.4 billion of assets under management, gain even more private clients and institutional investors, partner with many more companies in the future, and continue to impress the industry with their investment management.