It all started when Randal Nardone founded Fortress Investment Group as a Private Equity Firm in 1998. He is the current principal of the still, thriving company. Fortress Investment Group achieved immediate success from the start. They managed to get their assets, which were under management; from 400 million to nearly 3.9 Billion, in its first five years after the foundation was acquired. Many of the first investments Company that were made here had to do with real estate. Focusing on two markets; New York City and Toronto. Then leading to the investment of Hedge Funds and Debt Securities, continuing the incredibly fast pace of their run.
Journeys were made for the strong
This company distinguished itself from the pack, by being the first company to have alternative assets as an option in an investment firm. Soon after this bold move; many, many other investment firms decided to follow the leader of the now “alternative asset and investing firm” pack. After 10 solid years of being number one in their game, they finally ended their journey with the sale of the firm at a price of 3.3 billion.
Even after being purchased; Randal Nardone still continues his role as one of the three principles at Fortress Investment Group. Demonstrating how much he really does admire the fruits of his labor, while still enjoying the grind. The current Chief Executive Officer is Randal Nardone, He has been its CEO since 2013 after he had already served as interim CEO for over a year before this. It doesn’t stop there, he also serves many other roles: such as leadership positions at Eurocastle Investment, FMA LLC, FIG LLC, FM Falstaff Advisors, Impac Commercial Holdings, Seacastle, Florida East Coast Railway, Newcastle Investment Holdings, and Springleaf REIT.
Fortress Investment Group
FIG is a true success story indeed, they are pioneers paving the way for the future. Showing no signs of mediocrity, this significant group of people continued an incline of growth for the course of over 10 years; since establishment. We all know that first impressions last a lifetime, Fortress Investment Group Have been fighting an uphill battle; showing no sign of slowing down. If you want something to happen, you have to go get it, no one is going to make it happen for you. This group of people demonstrates this concept to a T.
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