Fortress Investment Group, LLC. is a leading, highly diversified global investment manager with about $43.6 billion of assets under management as of December 31, 2017. They were founded in 1998 and they manage the assets of more than 1,750 institutional clients and private investors around the world. Their clients are in a lot of different fields from that include credit, private equity, real estate, and permanent capital investment strategies. Investment performance is a quality that is very important to them. Their goal is to create strong risk adjusted returns for their investors for the long-term. As of December 31, 2017, they had 953 asset management employees, that includes 216 investment professionals, at their headquarters in New …show more content…
Other things that their employees love about them is the compensation, the good benefits, the good pay, good work hours, free food and drinks, a lot of learning opportunities, and the employees work and grow together with very smart coworkers. Fortress Investment Group has a leadership team of three leaders that work hard to keep these happy employees happy. Peter L. Briger, JR. He is the Co-Chief Executive Officer and has been a member of the board of directors He has been a member of the management committee of Fortress since 2002. Before he came to work at Fortress Investment Group in 2002, Mr. Briger worked for fifteen years at Goldman, Sachs, and Company and he became a partner there in 1996. He also serves on the board of Tipping Point a not-for-profit organization that helps low-income families in San Francisco. He also serves on the board of Caliber Schools, a network of charter schools that gets students ready to be successful in four-year colleges and after they graduate from college. He got a Bachelor of Arts from Princeton and an MBA from the Wharton School of Business at the University of …show more content…
He also was a former partner and managing director of Lehman Brothers. He got a BS. in Finance from Oregon State University. Randal A. Nardone is a principal and has been a member of the board of directors of Fortress Investment Group LLC since November 2006. He has been a member of the management committee of Fortress since 1998. He served as Interim Chief Executive Officer from December 2011 to July 2013 and was appointed Chief Executive Officer in August 2013. Before he co-founded Fortress in 1998, Mr. Nardone was a managing director of UBS from May 1997 to May 1998. Before he joined UBS in 1997, Mr. Nardone was a principal of Blackrock Financial Management, Inc. before he joined Blackrock. Mr. Nardone was a partner and a member of the executive committee at the law firm of Thacher, Proffitt, and Wood. He got a BA in Biology and English from the University of Connecticut and a J.D. from Boston University School of Law. Fortress Investment Group is a great investment and a Fortress to their clients and employees. The name of their business as I hope these facts about Fortress has shown