Making the right investments at the right time can make a lot of difference in the long-term. The financial markets are volatile, and it is essential to make investments before the time runs out. When it comes to managing millions and billions for large institutional clients, there is a need for investment managers with financial expertise and knowledge of asset and investment management. In the United States, one of the most prominent investment management firms is Fortress Investment Group. Established in 1998, the Fortress Investment Group manages assets and investments for nearly 1,750 institutional clients and private investors amounting to over $70 billion. The assets under management of Fortress Investment Group have been consistently increasing as it continues to expand its horizon and base in different countries. In 2007, Fortress Investment Group launched itself in NYSE, and at the time of its launch, Fortress Investment Group was the only equity firm to be publicly traded in the United States.
Fortress Investment Group believes in performance and results and has a team of qualified and experienced finance professionals who ensure that the clients get what they are looking for. With the increasing presence in the financial markets of Fortress Investment Group in the past few years, many other business giants were eyeing to take over the company. Recently, Softbank Group Corp of Japan purchased Fortress Investment Group for $3.3 Billion, and as per the deal, all the shares of Fortress Investment Group are now owned by Softbank Group Corp. The acquisition of Fortress Investment Group by Softbank would also allow the company to provide its services in many other countries in the Asia Pacific region, where it didn’t have presence till yet. One of the services for which Fortress Investment Group is known for is its alternative assets management. The Fortress Investment Group does intensive research in the field of alternative assets to help the clients find new avenues of profitable investments before these investment options enter the mainstream financial markets.
Fortress Investment Group was also involved in the Winter 2010 Olympics in Canada and almost had to halt the games to retrieve the debt the state of Vancouver owed to the company indirectly. The Fortress Investment Group was funding the Millennium Development Group that was constructing Olympic Village and other associated infrastructure, but due to the budget and financial constraint led by 2008 economic recession, further financing was not possible for Fortress Investment Group. It led to Fortress Investment Group denying additional financing, which forced the City of Vancouver to take over a load of nearly $450 Million (CAD) to ensure that the Olympics continue as planned. Fortress Investment Group revived well from the economic recession and is now amongst the most profitable and high performing investment managers in the world. It is also one of the top private equity firms to work for as per the many reviews left by the employees online. The company provides the employees with many perks and incentives as well as the flexibility to stay creative and focused at the same time.