Fortress Investment Group, A Top-Ranking Asset Management Company

Fortress Investment Group is a global company whose primary focus is the management of alternative assets. The company deals in private equity, credit funds, and hedge funds. The personalities behind the formation of the profit-making company are Randal Nardone, Peter Briger, assisted by Wes Edens. The asset management organization has its main office in New York, United States. FIG has about 5000 people in its workforce who are committed to the company’s policies and vision. The FIG company has a customer base that constitutes institutional investors and individual clients who are more than 1500 on the global platform. The company currently manages assets that are about $42.1 billion. In 2007, the Fortress Investment Group was the first asset management company to have its shares sold to the public. The company’s public offering generated more than $600 million at a very trivial season. The company was valued at approximately $7 billion with its shares trading at $35 per share. Visit institutionalinvestor.com

The year 2017 is a very critical season for the Fortress Investment Group as it is the time when the company transferred its ownership to SoftBank Group. The successful technological company procured FIT at the cost of $3.3 billion. The profitable move saw the three principals of the company and other senior professionals maintain their positions as the company still operates independently. The transformation has also helped in creating more profitable opportunities for FIG and increase the growth of the company. FIG’s revenue collection has also been improving even as it builds lasting relationships with its clients. As a result of the agreement, the Fortress Investment Group Shareholders are now getting their dividend which is $8.8 per share. The move has seen SoftBank Group become one of the dominant managers of alternative assets in the whole world. Fortress Investment Group is currently one of the assets management company in the United States that is trading publicly. The company has a vast knowledge of the sectors that it invests in. The FIG also has competent expertise in capital markets that know how to get funds for the company’s projects at a low cost with minimum risks

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