Fortress Investment Group began in 1998 and came from a humble beginning to become a world leader in the investment and asset management. They announced in 2007 in New York when they were making their Initial Public Offer (IPO). Fortress is concerned with mergers and acquisition, operations management, capital markets and investing in assets for various companies and institutions. They diversified their investments and managed to attract thousands of customers. Today they manage assets worth billions of dollars.
Who are the founders of Fortress Investment Group?
For a company to succeed there is the need to come up with the right strategies. That is why the founders have knowledge about the industry. The fortress was started by experts who had been observing the market for many years. They came together with a common goal because they realized would achieve great things if they worked together. Wes Edens, Rob Kauffman, and Randal Nardone wanted to revolutionize the investment sector. They had worked for other financial organizations hence they knew what they needed to do to make their company succeed. The journey started in 1999, and they were ready for the growth of the company. Fortress Investment Group continued to grow, and since then it has achieved a lot.
The company history
Since it was started by able leaders who had a great vision, Fortress Investment Group experienced tremendous growth. It diversified its products by buying several assets in 2007. There was also a big boost when Peter Briger joined the company. He is also an experienced principal, and since he came to Fortress, he has shaped the market. The main reason why Fortress investment has succeeded is that of the excellent leadership and working with the right employees. With the guidance of Wes Edens and Peter Briger, the organization has managed to acquire a broad client base. Peter Briger has years of experience, and in all the companies he has worked for, he managed to help them to make huge profits. That is why he has also brought a lot of experience to Fortress Investment Group.