Fortress Investment Group is an investment management firm that specializes in alternative assets. they have around $70 billion in assets under management with real estate, private equity, and private credit being their three biggest asset classes. Their main office is in New York City and they have satellite offices in San Francisco, Philadelphia, Hong Kong, Singapore, and Italy. They went public in 2007 but were taken back to being a privately held company in late 2017 when they were bought by SoftBank.
This company recently opened a new fund that invests in intellectual properties. Fortress Investment Group also started another one that invests in asset debts, such as in real estate, as well as purchasing aircraft leases. They are now raising money for another fund that will invest in patents, which they have already raised $400 million for. Their open-end asset fund is seeing benefits from the private credit market and has increased to $500 million in size. Read more at zoominfo.com about fortress investment group.
They were a 20-year-old company when SoftBank bought all of their outstanding shares. They are well-known in the investment community for having a strong high-tech platform and ability to meet their strategic financial goals. Fortress Investment Group has helped many companies over the years develop new markets and meet their growth goals aspirations. They are considered a strong asset for SoftBank to own.
They employ over 9000 people with over 200 of them being longtime investment professionals. They don’t just look at a company’s profitability and history when determining whether to invest in a company or not. They also look at how innovative they are and what their growth potential is. They have invested in companies in many sectors such as technology, transportation, and lending firms.
The executives at SoftBank have said that they are hands-off when it comes to what Fortress Investment Group invests in. They feel that the executive team at Fortress are at their best when they have the space and ability to chart their own path and figure out what investment strategies to follow. They have proven their judgment to be sound many times which is why SoftBank chose to invest in them in the first place.