One look at Fortress Investment Group’s investor type, listed as other, lends the idea that this firm deals almost exclusively with accredited investors. It is a private equity firm that has called New York City home since its inception, in 1998. Private equity could not be more exciting. Dealing with private companies, and investing in those companies, is where Fortress has made its mark. The other side of private equity, the buyout side, scours the markets for distressed companies and essentially buys them out, forcing a delisting and tucking the remains into their private fortress.
The firm has 50 active employees running 49 different portfolios of over 200 varied investments. They run the gamut in industry sectors, from transportation to financial, healthcare, real estate and telecom. The firm could be characterized as a private hedge fund specializing in leveraged buyouts (LBO). Leveraged buyouts serve a very good purpose in that they collect the salvageable remains of a company that is in need of solutions during a critical downfall. An LBO gives those companies and exit strategy, so the benefits of this activity cannot be overstated.
Assets under management total nearly $41 billion. Fortress has 3 locations in addition to their New York headquarters, in both London and in San Francisco. They employ over 500 people across these 3 locations. The goal of Fortress Investment Group is to successfully assume and manage risk to develop strong returns for their clients. Their investments know no borders and they have are invest across many sectors to keep driving investment performance. They sought to cultivate and develop relationships with both sophisticated institutional investors as well as private clients, and they successfully accomplished that goal.
One of the most important assets of Fortress Investment Group is their intellectual capital. They compiled a team that is second-to-none. All seasoned professionals, combined they brought decades of success to this firm. Founded at a time when the markets were on the precipice of one of the most tumultuous decades in the history of our markets, Fortress survived and thrived. Largely attributable to the great minds that work for Fortress, they weathered storms that put giants out of business and swallowed up industries in days. Fortress Investment Group was a well-chosen name.