| Market Capitalization (Millions $) |
14,391 |
| Shares
Outstanding (Millions) |
523 |
| Employees |
1,886 |
| Revenues (TTM) (Millions $) |
1,159 |
| Net Income (TTM) (Millions $) |
-1,465 |
| Cash Flow (TTM) (Millions $) |
-344 |
| Capital Exp. (TTM) (Millions $) |
17 |
Business Description
Fortress Investment Group LLC is a leading global investment manager that was founded in 1998. Based in New York City, the firm manages around $53.1 billion of assets, as of September 2021, for institutional investors and private clients worldwide.
The firm operates through three main business units e Private Equity, Credit, and Permanent Capital Vehicles. These units focus on different areas, with Private Equity investing in private companies, Credit investing in distressed debt, and Permanent Capital Vehicles investing in permanent capital funds and other real estate investments.
Fortress Investment Group LLC has a global presence, with offices in North America, Europe, Asia, and Australia. The company employs around 1,200 professionals, including investment professionals, risk management experts, and operations staff. The firm's investment professionals invest across a range of asset classes, including real estate, infrastructure, transportation, and energy.
Fortress Investment Group LLC has a robust institutional investor base, with pension funds, endowments, and sovereign wealth funds among its clients. The firm also offers investment products and services to high net worth individuals and families, providing customized investment solutions based on their specific needs and investment objectives.
Fortress Investment Group's strategy is to generate attractive returns for its investors by identifying and investing in market inefficiencies and special opportunities. The firm is known for its disciplined and research-driven approach to investing, and its team of experienced investment professionals has a track record of success in navigating complex investment markets.
In 2017, SoftBank Group Corp. acquired Fortress Investment Group LLC for $3.3 billion, in a move aimed at expanding SoftBank's investment capabilities and strengthening its presence in the financial services industry. The acquisition has allowed Fortress Investment Group to leverage SoftBank's technology expertise and resources to enhance its investment capabilities and drive growth.
Company Address: 760 Market Street, Floor 10 San Francisco 94102 CA
Company Phone Number: 890-5404 Stock Exchange / Ticker: NYSE FIG
|
46.59 %