Fortress Investment Group: Providing New Investment Options

The Fortress Investment Group is a financial management firm that handles investments and other assets. The company is currently headquartered in New York City, and it is one of the largest private equities in the world today. The company was founded in 1998 by a group of visionary entrepreneurs who wanted to earn more profit. The founders, Randal Nardone, Rob Kauffman, and Wesley Edens, all work in a private investment firm called the BlackRock Financial Management, Inc. at the time they conceived the idea of creating a private equity firm. During the span of their career at the BlackRock Financial Management, Inc., they noticed how the investment firms grow so fast, because of the high demand from the market. They also thought about other business ideas, but the profit that it would earn is considerably small when compared with a financial investment firm.

After they finalized all of the ideas that they have for the company, they started registering their trademark, calling the newly created firm as the Fortress Investment Group. They also had to speak with other business people to show them the opportunities that could open if they would invest in the company. Many business people were convinced about the potential of the company, and they helped to fund the company until it started operating. The business people who invested a lot in the company soon received their share, and they are delighted knowing that the amount they invested grew.

Randal Nardone, Rob Kauffman, and Wesley Edens have exceptional skill when it comes to investing. They managed to increase the value of the assets that they are holding, and through word of mouth marketing, new clients are appearing on their doorsteps, convinced that they would be able to increase their investment yield. In 2007, the founders of the company announced that they would be offering an IPO for the company, and later on, the Fortress Investment Group was opened for public trading. It debuted at the New York Stock Exchange during the first quarter of 2007, and over $600 million worth of shares were given to the public to trade, and the shares granted to the public accounts for 8% of the total company value.

Today, the founders of the company are working as a principal for the firm, with some holding a special position to monitor its performance. Randal Nardone, Rob Kauffman, and Wesley Edens have also invited other people to invest in the company, and today, the total assets that the company has amounted to $70 billion. The founders of the company are also working hard to increase the number of their assets by inviting more investors to try out their company. During the recession from 2008 to 2009, the Fortress Investment Group is one of those who resisted the downgrading economy, and they managed to flourish despite the opposite happening with other firms. This performance by the Fortress Investment Group was noted by some of the most successful investors in the United States, giving the company a better reputation that allows them to invite more investors.

 

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