Fortress Investment Group Delivers on its Promise

Fortress Investment Group is a company that majors in investments that are based on assets, operations management, commercial mergers and procurements as well as capital markets and expertise of companies and institutions in specific departments. The company was established in 1998 and has three active principals being Wes Edens, Randal Nardone and Peter Briger as well as Rob Kauffman who is retired. The company was the first extensive private equity firm to go public on the New York Stock Exchange which happened in 2007. Currently, the company puts in more than $43 billion of assets in private equity, stable capital vehicles and hedges funds for more than 1,750 investors. In that case, it could be said to have achieved its initial objective since the inception of being a reliable and efficient private equity firm. Along the way, the Fortress Investment group has managed to increase its investment through directing funds into reasonable dealing. Recently, the company invested in a private train known as Brightline which is the first of its kind as it is owned privately. With this investment, the company is expected to get huge returns as there is a ready market in that it will be bringing a solution to travellers who drive for long hours and those that use flights in short distances. In that case, it is a sure investment in that people travel all the time for various reasons and would find the private train to be convenient. To know more about the company click here.

iPass a company that operates the world’s leading Wi-Fi network is a recent beneficiary of the services that Fortress Investment Group offers as it was provided funding of $20 million. With that financial support, the company will be in a position to concentrate on increasing their income and bridge the gap that exists regarding profit. In that case, Fortress Investment Group has helped the company to stabilise and become optimistic that it will experience consistent results that match their reputation in the market. In 2017 though, the firm was acquired by SoftBank Group Corporation which is a Japanese multinational at a tune of $3.3 billion. Either way, the three principals maintained their positions after the acquisition which is evidence that they are efficient in their work and new management would interfere with the activities of the company. Additionally, those who purchased the firm have trust and confidence that the firm is in the right hands as they are already familiar with its daily activities.

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