The Acquisition and Growth Strategies Embraced by Fortress Investment Group

Although the initial set-up of a business matters a lot, the rate at which an enterprise grows largely depends on the operational and management strategies. When anyone is starting a company, the main objective is making it grow to the expectations the owner had in mind. Many people have discovered that business is the way to go. This has caused many investment management firms to come up. America is on the lead in the number of investment management firms it has. Fortress Investment Group is one of such firms, and it’s doing well. A group of passionate investors started the company in 1998 in New York. Randal Nardone is the co-founder and interim CEO of this equity firm. Wesley Edens and Peter Briger are also experienced executive leaders in this company.

It’s amazing to see how the company has grown. It has greatly expanded in the real estate investments and debt securities. Some of those who served as partners at Goldman Sachs Corporation are leaders in this company today. The private equity funds of this company increased by about 39.7 percent from 1997-2006. Although there were other private equity firms in the United States before, none had been traded publicly. The Fortress Investment Group was the first to allow public participation in 2007. The year 2008 wasn’t a good year for this company. The company went through numerous economic glitches, but it got back to its legs quickly.The steady growth the company has shown since 2010 is incredible. Many publications gave unending acknowledgments to the company for its exceptional growth. The Institutional Investor offered Fortress Investment Group a prestigious award of the year called Credit-Focused Fund award.

Both the Macro Hedge Fund and Institutional Investor acknowledged what the company had done in 2014. The company was named the Hedge Fund Manager and the Year’s Management Fund. By 2016, the company was managing over $70 billion in assets. The assets were categorized as credit, private equity, and liquid markets. As 2017 started, SoftBank Group showed interest in doing business with Fortress Investment Group. It even announced it intended to purchase it. By the end of 2017, the deal was over, and the company was sold for about 3 billion dollars. Although the company was sold, the leaders will still maintain their positions for the next five years. This company has a vast portfolio. The company manages and loans assets of other companies from industries such as retail and finance, biotech and medical, and hospitality. The New Senior Investment Corporation, New Residential Investment Corporation, Aircastle, Railroad Holding Corp, and New Media Investment Group are some of the subsidiaries the company has.

Peter Briger: Raising Investment Standards at Fortress Investment Group

Peter Briger is the head of credit business and real estate in Fortress Investment Group. He is the principal and co-chairman of Fortress’ Directors Board. Peter was a member of the board at Fortress since 2006 until he was elected as the co-chairman in 2009. He was also a member of the Fortress Management Committee since 2002. Before then, Peter Briger worked for 15 years at Goldman, Sachs Co. At Goldman, Peter was the co-head in business trading and whole loan sales. His service was also extended to Linktone Ltd where he was a member of the advisory team. Currently, Peter is also a member of Foreign Relations Council, Tipping point director, and Caliber Schools’ board. His services are of high level as he also serves as a board member of Children Global Fund, Special Surgery Hospital, Princeton University Investment Company, and Conservancy of Central Bank.

Peter Briger went through school where he earned a Bachelor of Arts from Princeton University and an MBA in Business Administration at University of Pennsylvania, Wharton Business School. At Fortress Investment Company, available job opportunities are usually posted in relevant sites and any reviews regarding the company are easily viewed as needed. The staff at Fortress are a friendly team with creative minds and dedication to excellence in their work. Depending on the responsibilities assigned, the pay is relatively good for each employee. Peter Briger is a firm supporter of Princeton Entrepreneurship Program that began with a two number of associates to bring together the Princeton alumni. The aim of setting up this program was to bring together funds that would aid Princeton alumni startup companies and work on their entrepreneurial ventures.

This program also focuses on tye ability to be innovative, the discovery of new & great ideas in the market, and bringing them into reality. This program helps the Princeton alumni get funds to actualize their dreams and ideas. The amount that one receives is in line with the seed production. Actually, Peter Briger has had a successful entrepreneurial journey and he wants the same to those that he comes across through mentor-ship and support. He has a special interest in enabling other individuals who have entrepreneurial goals and passions to actualize them within the possible timelines and begin discovering their productivity in the market. As part of his generosity, Peter presented a special gift that would help establish the Alumni Entrepreneurs Fund at Princeton University. The funding goes up to $100,000 for each person and learning opportunities.