Effective leadership is one of the principal factors that have seen Fortress Investment Group grow into the investment industry champion that it is today. Having been created as a private equity organization back in 1998, Fortress has now grown into a fully-fledged alternative asset business. This has been as a result of effective management and leadership that has been demonstrated by its three able co-principals; Randal Nardone and Wes Edens who are based in New York, and Peter Briger who is based in San Francisco. The main idea in the minds of its three founders was to form a firm of a unique type that would raise equity and then invest the fund from equity in cutting-edge capital vehicles that would generate more stable and long-term cash flow.
Apart from leadership, several other competencies have propelled the success of Fortress Investment Group.one of them is the asset-based investment strategy. Despite having credit fund and private equity fund as the dominant investment strategies that Fortress manages, the firm has tried to diversify its investment portfolio by including such assets as real estate, capital and other permanent capital strategies that generate steady cash flow. This has been made possible and easy by Fortress Investment Group having a team of experts possessing deep knowledge in pricing, ownership, management, and valuation of both financial and physical assets.
Another critical success factor for Fortress Group is its effective operations management. Fortress Investment Group possesses very robust monitoring tools that they use to assess their investment strategies to ensure that they generate value for their highly esteemed clients. These instruments help them to effectively monitor the structural, strategic, and operational (facts on the ground) while managing their portfolio.Fortress Investment Group also has personnel that is well equipped to manage mergers and acquisitions. These experts both understand and have established strong professional relationships with other corporate leaders and stakeholders. This has turned out to be a strength for Fortress as it has enabled the firm to enter into essential partnerships and acquisitions that have seen the company grow in a supernormal manner.
About Fortress Group
The first and the largest headquarter of the firm is based in New York. Due to the tremendous growth that the company has experienced, it has established other headquarters in Singapore, San Francisco, and Shanghai. Fortress is now an alternative business managing assets more than $43 billion on behalf of its clients, who are both individual investors and institutional clients.