Crosses For Losses

Fortress Investment Group Looking to Expand their Business to New Areas

With years of experience in the investment management business, Fortress Investment Group has emerged as one of the leading investment managers in the world today. It specializes in private equity, credit funds, liquid hedge funds, and provides a wide range of financial services. The company has a pool of investment managers and financial experts who provide clients with the financial and investment advice they seek to manage their finance and investments as well as develop products that would help the customers with their finances. The financial sector is one of the fastest changing and it is essential that the investment managers are ahead of time to ensure they are able to provide reliable services to the clients to help them book profit.

The Fortress Investment Group has more than 1,500 clients globally and manages assets of over $70 billion. As one of the leading alternative assets manager, the company has been able to set some of the most prominent benchmarks in the industry as far as service and the quality of recommendations are concerned. Fortress Investment Group is also traded publicly and was launched in the NYSE in the year of 2007. When the company’s stocks were launched in the New York Stock Exchange, it was the first ever private equity firm of its size to be launched in the country’s stock exchange. Fortress Investments was founded by three of the leading financial executives, namely Randal Nardone, Rob Kauffman, and Wesley Edens.Under their leadership, the company has achieved huge success in a very short span of time.

They have been able to add new dimensions to the sector of alternative assets management that many other similar companies are following today. Over the last few years, the company has won many different awards, including the Hedge Fund Manager of the Year by the popular financial magazine named Institutional Investor. Recently, Fortress Investment Group has decided to raise funds and is expecting to raise about $2 billion through direct lending. The new step would mark a new beginning for the company as it plans to put new people in front as the face of the company. The move will allow the company to expand its presence in other markets that they have not entered before. Even though the plan has been finalized, the final details are still being carried out and the company is expecting to make the announcement quite soon.

 

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