Fortress Investment Group: An Alternative Investment Trendsetter

Fortress Investment Group (FIG) is a private equity firm founded in 1998. The company’s first initial public offering was in 2007, a milestone that made it the first private equity firm to go public on the NYSE. And, that is just one example that proves the company is a trendsetter in the field.

Overview

Currently, FIG is a global investment management company. The company controls assets in private equity, hedge funds, and permanent capital vehicles worth over $43 billion for more than 1,700 investors.

FIG specializes in the following areas:

  • Asset-based investment
  • Capital markets
  • Corporate mergers and acquisitions
  • Operations management
  • Sector-specific knowledge of institutions and companies

The company is headquartered in New York and employs more than 900 people. It has three main principals: Randal Nardone, Wes Edens, and Peter Briger.

Founding

The company has three founding members: the retired Rob Kauffman, and two of the three current principals; Wes Edens and Randal Nardone. All three brou