Fortress Investment Group is one of the leading corporations in the world with around $40 billion in assets under its management. The investment group has more than 1750 institutional clients and private investors across the world. The company has invested in various credit and real estate. It has also invested in private equity and permanent capital businesses. It has been in operation for almost two decades.
The Fortress went public in 2007 by offering its stock. It became the first company in the USA to offer its equity on IPO. The company bought major several assets in the U.S.A including the largest ski resort operator in North American, Penn National Gaming, Florida East Coast Industries and the Canadian company Intrawest in a period of one year. Three years after the company appeared on IPO, the company purchased CW Capital to strengthen its commercial real estate market after selling some of its real estate funds in 2008. In 2014, the company bought Alabama Inverness Corner retail center. The investment helped to finance condos and other building in New York City.
Investment performance is the cornerstone of Fortress. The company has endeavored to provide long-term returns to all investors for over two decades. By the end of 2017, the company had employed over 953 employees to manage its properties. The staff included 216 professionals working in New York offices which is the headquarter.
Since 2007, Fortress Investment Group has continued to attract more investors in the world. This year, Vision Fund is planning to partner with Fortress. The Fortress Investment Group will work alongside Vision Fund. The company will provide alternative assets investment in London and Tokyo. The funds to carry out operations of the company in Tokyo and London offices have been kept separate all along.
SoftBank Financial Services has also partnered with Fortress Investment Group. Softbank has acquired some share in Fortress. However, the SoftBank executives will not be involved with managing Fortress Investment Group assets. Once the acquisition is complete, SoftBank will create a London firm and intends to employ approximately 1,000 employees.