Since Fortress Investment Group was established in 1998 as a non-publicly traded company, it has been identified to be a trendsetter. An example of this is that it prefers investing in risk-adjusted income strategy for the benefit of its employees. Also, 2007 was the year when it was listed in the Stock Market Exchange of New York City and became the first private company to go public. Fortress manages assets that are over $43 billion which comes from investors who are more than 1,750. Besides, its first headquarters were located in the New York City with more than 900 workers under its roof.
The founders of Fortress Investment Group are Randal Nardone, Wes Edens, and Rob Kaufman who resolved to work jointly. Having worked in several financial institutions before joining Fortress, it, therefore, means that they are very highly experienced on matters concerning investments and they came along with those skills in Fortress. Thus, it has experts in delivering the following services; managing, pricing, and possessing the physical and financial assets. It has also set up robust tools to extract value straightly for complex investment that it takes part. Assessing its operational, structural, and facts trending on the ground was achieved through appropriate management of its portfolios. Also, it has proficient manage who deals with securing funding via equity markets and debt markets.
One attribute of which Fortress Investment Group boasts is that of outstanding customer service. The organization has thoroughly trained its employees in the handling of its clients to ensure that they are always satisfied with their services. This training has been made mandatory for all the employees at the recruitment stage to ensure that all the staff members are equipped with the appropriate ethics in which the company believes. As a result, the performance of Fortress Group has exponentially grown to become one of the leading investment management institutions in the whole of the US.
Finally, 1999 was the year when Fortress investment Group launched the Fortress Investment Fund 1. It practiced real estate investment in Toronto and New York City markets before but, it has grown to the point that it is providing credit securities and hedge finances as at now. Also, it experienced exponential growth from 1999 to 2006, and it was approximated that its private equity grew to about forty percent. Currently, Wes Edens and Randal Nardone are principals in Fortress while their colleague Rob Kauffman has already retired and he no longer works for Fortress.