Fortress Investment Group is a company based out of New York. They were founded in the year 1998 by Randal A. Nardone and Wesley R. Edens. Wesley Edens is the Co-Chief Executive Officer and Randal is the Principal Chief Executive Officer. Randal Nardone is a billionaire who has worked his way to the top. He manages several other companies in addition to Fortress Investment Group. He is ranked number 557 on the Forbes Billionaire List. He has dedicated his entire life to his company and has made many sacrifices, but ultimately, it has paid off for him. He is extremely wealthy and also educated. He attended the Boston University School of Law and the University of Connecticut. Wesley Edens, the second co-founder, is also extremely wealthy. His estimated net worth in the year 2008 was thought to be around two billion dollars. In addition, he is also the co-owner of the Milwaukee Bucks. Peter L. Briger Jr. also a co-founder of Fortress, holds a large part in managing the company. Briger was the one who launched the company’s credit business in 2002. Since then, over 100 billion dollars have been invested into it.
Before this, Mr. Briger attended Wharton School of Business at the University of Pennsylvania and Princeton University. Fortress Investment group operates as a global investment manager. They help their customers, the investors, to achieve successful returns. Right now they are handling the accounts of over 1,750 clients. They are bringing in profits globally and internationally. They are backed by a team of educated associates that have been through the ups-and-downs of the trade market and known what it’s like to lose and win. Fortress Investment Group is a large company that houses many employees from various different regions. Some of the things they’ve said about working there include the fact that a person gets a chance to experience different industries. Some employees also stated that the management is very friendly and that collaboration between teams is fairly easy. Everyone is treated fairly and there are great benefits that come with the job.
Communication between workers is also said to be extremely efficient for a team and company as large as they are.Fortress Investment Group has proven itself time and time again to be dedicated to it’s customers and their employees. They go above and beyond in every aspect of business focusing only on success and reaching their next goal. Managing private equity funds and hedge funds are their number one focus. Their social media presence is strong helping them to connect with other businesses and new possible customers. They are considered one of the most active investment firms involved with social media to date. It has helped them to get to know their customers better so as to provide better customer service. Fortress Investment Group believes the more they know about their customers and how they spend their money, the better they can assist in helping them invest it into the market. This results in a better chance for a successful investment return. This is a company whose focus is not just on money, but on the best interests of the people they are helping every day.