Fortress Investment Group has gained international recognition due to its incredible growth and development over the past years. The company was introduced 20 years ago, and the founders had a very strategic vision that seem to have been gradually achieved with time. The firm was started in 1998 as a private equity manager after various other improvements were implemented to boost its growth and performance. Among the improvements was diversification of the asset portfolio of the company. The firm was later transformed to an alternative asset management firm from being a private equity manager. This was attained after the establishment of various other asset strategies such as credit fund, real estate, hedge fund, and other permanent capital investment strategies.
Fortress Investment Group had several competencies that have significantly contributed to its growth and development to one of the fastest growing investment firms across the United States and in the world. Unique professionalism in the management of mergers and acquisition is one of its ultimate competencies. Fortress has portrayed great potential and incredible performance when it comes to business relationships with other firms and corporations under the exclusive leadership of its presidents, Wes Edens, Randal Nardone, and Peter Briger. The CEOs concentrated in promoting relationship and cohesion with other firms by training staff on the development and maintenance of firm business networking with other stakeholders from various firms. This was their primary strategy which significantly contributed to their growth in development and performance.
Read the article about Fortress at The Wall Street Journal.
This input has been highly productive in that Fortress Investment Group has occasionally been engaged in concrete and tangible business associations with several business players in the form of partnerships and M&As. A good example was 2016 when Fortress was entirely involved in buying the operator of the biggest ski resort in entire North America, Intrawest. This acquisition was a surprise to many and significantly contributed to the high value of the organization after the valuation was done. Fortress Investment Group later engages in various mergers and acquisitions all of which has a role to play in the improvement of the performance of the firm. The final and the most critical acquisition was the one that led to the purchase of Fortress Investment Group by Softbank Group in 2017. Visit: https://www.fortress.com/businesses/credit