Fortress Investment Group is one of the largest investment managers in the world. It was founded in 1998 under the leadership of Rob Kauffman, Randal Nardone and Wesley Edens. The hedge fund manager boasts of about $43.6 billion of assets under management from more than 1,700 private investors and institutional clients across the globe. Headquartered in New York, Fortress was the initial leading private equity company in America to trade publicly. The firm provides services in recapitalization, turnaround and buyout. It also invests in real estate, loan servicing, leisure, telecommunications, consumer finance, gaming, senior living, healthcare, transportation and infrastructure.
Fortress Investment Group is based on five key competencies;
Fortress mainly invests in assets that range from financial assets, capital assets and real estate. The firm has expertise in owning, overseeing, financing and pricing of both financial and physical assets.
2. Operations Management
Fortress has a set of tools that help them to assess structural, strategic and operational challenges.
3. Capital Markets
Fortress has extensive expertise in capital markets and has specialized in low-risk financing for its investment by accessing equity and debt capital markets.
4. Industry Knowledge
Fortress has a team of investment experts who conduct thorough research on an industry before investing in the market.
5. Corporate Merger and Acquisitions
Fortress uses corporate mergers and acquisitions when making decisions on optimal structuring and execution of investment by working with management and corporate board of directors.
Working at Fortress is not only a privilege, but it also provides you with the opportunity to grow and learn from the best minds. Interns are treated equally as other workers, and they get the chance to be exposed to the challenges of managing hedge funds and the best practical solutions of overcoming the hurdles. Interns are also exposed to a variety of investment products. As an employee, Fortress caters for your drinks and food unlike in other organisations where you buy your meals. The organisation is very keen on time, and therefore to be productive, employees are encouraged to maximize their potential by meeting the set deadlines. The success of any organisation lies on the backbone of their employees. Fortress Investment Group often exposes their employees to training and exhibitions where they can gain more knowledge and skills to improve their profession.
The hedge fund manager, Fortress Investment Group, has been recognized on several occasions for their outstanding performance in investment management. Institutional Investor awarded the firm the Credit-Focused Fund of the Year in 2011 and the Discretionary Macro-Focused Hedge Fund of the Year in 2012. Later in 2014, Fortress scooped both the Management Firm of the Year and Hedge Fund Manager of the Year. The firm has also been at the forefront of philanthropic activities. During the 2010 Winter Olympics in Southeast False Creek, Fortress was the leading lender to the Millennium Development Group that had a project of constructing $875 million athlete’s village that was completed in 2009. After the 2010 Winter Olympics, Fortress claimed ownership of the village.
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