About Fortress Investment Group LLC
Fortress Investment Group LLC is a multi-strategy alternative investment firm operating across five core platforms: corporate credit, real estate, private equity, insurance, and permanent capital strategies. The firm's private equity arm pursues control-oriented investments in cash flow-generating assets and asset-based businesses, applying an opportunistic, hands-on management approach across large, addressable markets including aviation, financial services, healthcare, real estate, retail and consumer, shipping, technology, telecommunications, business services, and energy, with a geographic focus on North America, the Caribbean, and Western Europe. Transaction types include buyouts, expansion and late-stage growth investments, corporate carve-outs, distressed acquisitions, and fund liquidity solutions providing custom financing and preferred equity capital to other private equity, hedge fund, and credit fund sponsors. Fortress manages approximately $53 billion in assets on behalf of more than 2,000 institutional and private investors, applying deep sector expertise to enhance portfolio businesses for long-term value creation. The firm was acquired by SoftBank Group in 2017, delisting from the New York Stock Exchange, and subsequently returned to independent, privately held operation in May 2024 following a joint acquisition by Fortress management and Mubadala Capital. Founded in 1998 by Wesley R. Edens, Rob Kauffman, Randal A. Nardone, Michael Novogratz, and Pete Briger, the firm is headquartered in New York, New York, United States.