Fortress Investment Group: A New York Company Always On The Move
Fortress Investment Group LLC has been in operation in New York City for more than two decades. The financial sector within which it operates is investments and portfolio management. As of 2020, the firm reported $41.5 billion of managed assets.
The New York investment management company serves over 1,750 clients in the U.S. and internationally. The staff of professionals brings together a wealth of experience and skillful investing knowledge to help grow and protect the assets of their global clients. Fortress Investment Group employs approximately 900 people worldwide.
One of the company’s subsidiaries, Value Acquisition Corp. II was also recently in the news. The company announced a new development related to its stock. There is now separate trading of the company’s Class A common stock. This came into effect on October 2, 2020.
Fortress Investment Group is an American company with several offices in major international cities. This initially went public in 2007, and Fortress Investment Group made history by being the first alternative asset investment firm to go public. The parent company of Fortress is Softbank, a multi-faceted, Japanese investment company. The transaction marked Softbank’s first acquisition of a private equity firm.
The firm’s asset holdings represent a diverse range of sectors. The investments include asset classes, such as credit funds, real estate, public and private equity, and more. Fortress Investment Group, through its real estate subcompany, has recently been in partnerships in several new development projects in the state of Florida. Fortress is also invested in the additional sectors of transportation and energy. To know more click: here.