The Fortress Investment Group deals with wealth and assets management in New York City. Founded in 1998 by three principles the firm has managed to retain its top spot for over 20 years and they pride in having experience and skills in investing, economics and also banking. Fortress Investment Group has a high net worth value of over 180 million dollars and enjoying the annual revenue of 1.1billion dollars.
The company offers its financial solution to both companies and high worth individuals globally. It boasts of having over 2,500 employees with high training and education in matters of banking and investing. The firm is best known for embracing their workers as a family by offering incentives, top benefits, and bonuses since its inception in 1998. According to the employees the company understands the power of family values and encourages their workers to adapt and balance work and home life.
Fortress Investment company offers various assets-based investing, operational management and capital markets investing. Also, they provide services in corporate acquisitions and mergers and sector-specific knowledge. The Company recently expanded its wings by offering its investors a vast and secured investment opportunity. The guaranteed investment is in a company that leads globally in providing global connectivity option to the iPass Company.
According to the management of the Fortress Investment Group, the investment fully secured by the iPass considerable assets like the patent portfolio and SmartConnect technology. Through the Fortress Investment firm investors, iPass managed to receive total funding of 20 million dollars. The iPass operates the most extensive network of Wi-Fi globally enabling the consumers to have access to the internet. The Riley Financial brokered the deal.
In the world of finance and business, acquisitions are the order of the day, and they make sense. They enable a company to keep expanding and growing in a more logical, and that’s the case regarding Softbank’s acquiring Fortress Investment Company. The deal of the two companies amounted to 3.3 billion dollars, and the main aim was for each of the company to branch out into something new and profitable. SoftBank started in 1981 by Masayoshi Son, and it deals with PC software’s, and today the company has its stake in over 400 companies offering various services to the world.
Fortress Investment Group co-founders Randy Nardone, Wes Edens, and Robert Kauffman, boasts of having an investment firm that becomes successful in every step it takes.