Fortress Investment Group is a company that has consistantly demonstrated an incredible amount of expertise when it comes to dealing with clients within the field of asset and investment management. Through the years, the company has emerged into one that can stand tall, even amongst some of the biggest names in the industry. The dedication to the clients and the work that the company does for them have all been some of the more prominent reasons why the company has emerged as such a well-reputed name in the industry.
Fortress Investment Group first started accepting clients in 1998. The company was founded by Peter Briger, Wes Edens, and Randal Nardone. All three of the leaders of the company had been a part of the financial industry for many years before they decided to go out on this venture. They had been working with big names and big clients through the course of their career. Each one of the founding members did have a specific area of expertise, which later was then used to build up different sections of the company. Being people who have an ample amount of experience in the industry, the founding leaders of the company sought out to build a company that could one day stand among some of the biggest and best in the industry that they were in. Using their knowledge and skill, they were able to implement several positive developments that worked for the benefit of the company and the things that they took on. SoftBank Group Completes Acquisition of Fortress Investment Group
Over the years, Fortress Investment Group has truly evolved into a name that can stand among some of the biggest in the industry. The company has been able to implement a number of changes to improve its workings and improve the quality of services that are offered to the clients who come to them. One of the more significant developments that the company took on was in 2007 when the leaders of the company decided that it would be a good idea to help make the company public. Before 2007, no investment or asset management company in America had ever gone public. All of the companies that existed operated as private companies, with no involvement of the public sector. The leaders of the company knew that this was something that would set them apart, and hopefully help them achieve the better status that they were hoping for. As soon as the company went public, Fortress Investment Group suddenly becomes a company that everyone was talking about. The company had done something that no other firm had done in the past, and was now setting the pace for others in the industry. This was a big move for the company and was one which paid off incredibly well. A Force of Innovation: Two Decades of Fortress Investment Group
Focusing on the clients and corporates that come to them has always been one of the main principles that the company works around. As the company moves forward into the industry, the leaders hope to keep improving so that they can retain their position within the financial sector. Hidden Fortress: Behind SoftBank’s $3.3B buy of the asset manager