If you are an investor and been wondering which investment management company to partner with for quality services, then Fortress Investment Group is all you need. Rooted in the New York City, Fortress Investment Group is a leading investment management firm in the United States of America. Its existence in the market traces to 1998 under the leadership of Wesley Edens, Rob Kauffman, and Randal Nardone. The key services it offers to its investors include private equity, traditional asset management, and credit liquid market. Although similar companies take time to grow, this was not the case for this company. After a year of its presence in the market, the firm quickly expanded into real estate investments debt securities and hedge funds under the management of Michael Novogratz. It is because of this growth that the company as of 2016, was able to earn a revenue of $1.1 billion. The net income of Fortress Investment Group in the year 2016 was $ 180 million. Speculations are that this amount will be more if a similar analysis was to be conducted today.
There are various achievements that the company has been able to receive. In 2014 to be precise the company was named the management firm of the year by HFMWeek. It is during this same year that the company was listed as Hedge Fund Manager of the year by Institutional investment. The success of Fortress Investment Group is primarily attributed to its executive and board of directors. However, the employees play a key role in ensuring the company is where it is today. This is because they interact with the clients and offer them the necessary needs they want. The total number of workers the company has hired is about 2500. Meaning, it has helped the United States in battling the issue of unemployment amongst the youth. The good thing is that it employs workers based on academic qualification an experience hence the productivity of the company. Although the company has secured a good position in the market more is expected from the company. It may rise to become a global enabling company in the investment industry.