Fortress Investment Group is a culmination of three brilliant minds that sat together and decided that they would start a financial institution that would deal with the management of financial instruments for its clients in the investment management industry. They were confident that they would overcome the challenges that they were likely to encounter in the market, despite the stiff competition that existed. The three gentlemen found their motivation in the principles that they had put in place, besides having vast experiences from various financial institutions, where they had been working.The trio of Randal Nardone, Wes Edens, and Peter Briger is a team of executive management team that any company owner would like to have in his company.
They are experienced skilled leaders who had previously worked in other organizations before moving to Fortress Investment Group. The most important aspect about the trio is that they supplement each other through their varying strengths, skills, and experiences. They have undertaken some of the most critical decisions that have had significant impacts on the progress of the company.Current reports in the market indicate that a Japanese Investor, Soft Bank have bought fortress Investment Group. A significant number of individuals have received the news as a surprise as they were not expecting the wealth manager to be taken over by another investor as it had consistently proven to be one of the best financial investment company in the United States and other parts of the world.
Fortress Investment Group is the largest wealth manager in the world owing to its huge asset-based that can be located to almost any part of the world. The company acquired these assets by investing in alternative assets which are always available at discounted rates. Small organizations should consider investing in alternative assets, which will be an important business strategy.It only took one year for the financial market to change drastically and all the assets that were trading at discounted prices changed and their value skyrocketed. This gave an opportunity to Fortress Group to dispose of its assets some of which were at a higher demand than what the market had witnessed before the market challenges. The entity acquired much wealth by selling these assets to other financial entities.