Fortress Investment Group is a prominent American investment management firm that specializes in alternative asset management. Founded in 1998 by Wesley R. Edens, Rob Kauffman, and Randal Nardone, Fortress has grown to become one of the largest and most diversified investment firms in the world. The firm's investment focus spans a wide range of asset classes, including private equity, credit, real estate, and permanent capital investment strategies. Fortress employs a value-oriented approach to investing, seeking opportunities to generate attractive risk-adjusted returns for its investors. One of Fortress's key strengths is its expertise in distressed and undervalued assets. The firm has a proven track record of successfully investing in distressed debt, turnaround situations, and special situations, leveraging its deep industry knowledge and extensive network of relationships to identify and capitalize on unique investment opportunities. In addition to its investment activities, Fortress is also known for its innovative approach to asset management. The firm has pioneered new investment strategies and structures, including the creation of publicly traded investment vehicles such as real estate investment trusts (REITs) and business development companies (BDCs). Fortress became a publicly traded company in 2007, listing on the New York Stock Exchange (NYSE) under the ticker symbol "FIG." In 2017, the firm was acquired by SoftBank Group Corp., a Japanese multinational conglomerate, in a landmark transaction that valued Fortress at approximately $3.3 billion. Today, Fortress continues to operate as an independent investment management firm within the SoftBank Group, maintaining its focus on delivering superior investment performance and value for its investors. With a global presence and a proven track record of success, Fortress Investment Group remains a trusted partner for institutional and individual investors seeking access to alternative investments.
