Fortress Investment Group is an asset management company, and it manages approximately $52.7 billion of assets in private equity, credit funds, and liquid hedge funds. The firm was founded in 1998 as a private company for private investors and institutional clients worldwide.
The company invests in depreciated investments like commercial real estate assets, private equity, permanent capital investments, and loans on behalf of its clients. The firm focuses on owning, financing, pricing, and managing the acquired asset for their clients and guarantees the long-term cash flow.
Fortress Investment Group’s opening of the firm was chartered by Wesley R. Edens and Rob Kauffman, and Randal Nardone in New York City. As of December 31, 2020, the company managed assets on behalf of about 1,800 clients. Before making any purchase, Fortress does its research on the industry and is equipped with enough knowledge it invests.
Fortress Investment Group New York is known for employing and working alongside a team of well-trained professionals. The team has specialists in different investment industries to provide experts opinions for the company. The firm makes decisions based on assessing operations and planning for strategizing for potential challenges.
The firm practices responsible investing, meaning they incorporate Environmental, Social, and Governance (ESG) as the central factors to weigh the sustainability and impact of an investment on a business. ESG is used in decision-making to minimize risks on behalf of clients as the firm acts in the best interest of its investors.
The Director at Fortress Investment Group ensures the firm has a well-set framework of policies and methods to establish a high level of integrity, discipline, and accountability. The policies govern the company and warrant the financial security of their clients.
Fortress Investment Group is famous for its philanthropic initiatives and partnership initiatives and partnership with non-profit organizations. They participate through events, volunteering, and annual gifts. Fortress also gives sponsorships as scholarships for educational assistance to those in need.