For an organization to be classified as a leader in the specific sector that they deal in, it is good to make sure that the leadership within the company is superb. With that said, it is good to acknowledge that the Fortress Investment Group is among the leading private equity firms. The firm was established in the year 1998, and it has progressively experienced growth. In accordance to the growth of the Fortress Investment Group, the company was among the first private equity firms that were able to enroll at the NYSE (New York Stock Exchange).
Since Fortress Investment Group has been able to offer quality client services over the years, the firm has been able to attract more than 1,750 investors. Additionally, the private equity firm has also been able to direct more than $43 billion in the form of assets that comprise of permanent capital vehicles, private equity, and even hedge funds.Another point to also note is that the firm has three principals. The principals are as follows; Peter Briger is in charge of the San Francisco branch. Wes Edens and Randal Nardone are based in New York.
Fortress Investment Group’s areas of specialization are as follows;
- Capital markets.
- Asset-based investing.
- Expounded knowledge about institutions and companies.
- Corporate mergers and acquisitions.
- Operations management.
For the two decades that the Fortress Investment Group has been operating, the firm has been able to gain a deeper understanding of the management of acquisitions and mergers among other things. As much as the firm has been recognized as being among the leading private equity firms, it is also good to acknowledge the principals in the organization for the excellent work that they have been doing. Among the principals that have been doing a great job are such as Randal Nardone.
About Randal Nardone
Randal Nardone has been a part of Fortress Investment Group even before the firm enlisted at the NYSE (New York Stock Exchange) in 2007. As an individual who served as a co-founder of the Fortress Investment Group, Nardone has been working at the firm since 1998, and he is the current CEO of the company. Additionally, the Fortress Investment Group has many subsidiaries such as the FIG LLC, FMA LLC, Seacastle Florida East Coast Railway, FM Falstaff Advisors, Springleaf REIT, Newcastle Investment Holdings, and Impac Commercial Holdings. Randal Nardone serves in various leadership roles within the multiples subsidiaries owned by the Fortress Investment Group. Another point to note is that Nardone was also listed as being among the billionaires in the Forbes Magazine.