Fortress Invest Group is expanding credit opportunities for new investors
Global finance advisor and capital manager, Fortress Investment Group, is focusing on direct lending, and open-end asset funds to meet demands for a stimulating, private credit market. They are expected to close at $5.5 billion by the end of 2018. Such expansion includes fund investment into the following sectors- intellectual property, real estate/ asset debt, and aircraft leases.
Fortress Investment Group wants to give investors a more convenient way to meet their objectives through the open-end asset fund vehicle. The mutual fund strategy loosens share restrictions, helps achieve growth goals, and decreases regulatory challenges.
Founded in 1998 by Wesley Edens, Robb Kauffman, and Randal Nardone, the asset-based manager was recently acquired by SoftBank, an international telecommunications company. Upon its sale for $3.3 billion in 2017, Fortress became the first public company to de-list itself from the New York Stock Exchange.
The Japan based company is seeking to expand its portfolio through strategic acquisitions. The purchase of Fortress Investment Group gives SoftBank access to world-class knowledge on asset-based investing, significant relationships with leading principals, and ability to extract value from a whole new group of industry sectors. SoftBank could also attempt to expand $100 billion tech investment fund through Fortress.
Despite its acquisition, Fortress will continue to be recognized for innovation in leadership, commitment to partnerships, and keeping ahead of industry standards through technology. Its multifacited, highly diversified business model was, and is attractive across the market. Many analysts, and experts have noted Fortress’s ability to yield consistent profits for its investor base.
The Fortress Investment Group specializes in real estate, credit, debt, private equity, and mergers and acquisitions. The company is predictable in its fee structure, incentive income in business alternatives, and strong in health. Diversification, and technological investment defines the company’s legacy. The firm takes its core competencies from the board rooms into the business world.