Fortress Investment Group LLC

Fortress Investment Group LLC

Fortress Investment Group LLC

Overview
Date Founded

1998

Headquarters

Corporation Trust Center,1209 Orange Street,Wilmington, DE 19801

Type of Company

Private

Employees (Worldwide)

1,078

Industries

Investment Services & Portfolio Management
Accounting & Financial Services

Company Description

Fortress Investment Group LLC is a diversified global investment management company that provides investment management services for investment funds and companies, including related managed accounts. It operates business through following segments: Private Equity Funds, Liquid Hedge Funds, Credit Funds, Credit Private Equity Funds and Logan Circle. The Private Equity Funds segment primarily makes significant, control-oriented investments in debt and equity securities of public or privately held entities in North America and Western Europe, with a focus on acquiring and building asset-based businesses with significant cash flows. The Liquid Hedge Funds segment invests globally in fixed income, currency, equity and commodity markets and related derivatives to capitalize on imbalances in the financial markets. The Credit Funds segment makes diversified investments in assets, opportunistic lending situations and securities, on a global basis and throughout the capital structure with a value orientation. The Credit Private Equity Funds segment focuses on investing in distressed and undervalued assets. The Logan Circle segment manages portfolios for institutional investors across a comprehensive range of strategies that include core, core plus, short, intermediate and long duration, corporate and high yield. Fortress Investment Group was founded by Wesley Robert Edens, Robert I. Kauffman and Randy Alan Nardone in 1998 and is headquartered in New York, NY.

Contact Data
Trying to get in touch with decision makers at Fortress Investment Group LLC? Subscribe today to access their professional contact information.
Executives & Employees

Co-Founder

Co-Founder

Chief Financial Officer

Deputy President & Chief Risk Officer, Liquid Markets Business

General Counsel

Co-Chief Information Officer, Credit Funds

Principal Accounting Officer

Head, Public Investor Relations & Corporate Communications

Board of Directors

Principal & Co-Chief Executive Officer at Fortress Investment Group LLC

Co-Founder at Fortress Investment Group LLC

Co-Founder at Fortress Investment Group LLC

Rector at University of Richmond

Former Partner at Goldman Sachs & Co. LLC

Chief Executive Officer, Softbank Investment Advisers UK at SoftBank Group Corp.

Chief Financial Officer at SoftBank Group Corp.

Paths to Fortress Investment Group LLC
Potential Connections via
Relationship Science
You
Fortress Investment Group LLC
Recent Transactions
Details Hidden

Apollo Global Management LLC (Private Equity), Onemain Holdings, Inc. /Private Group purchase OneMain Holdings, Inc. from Fortress Investment Group LLC

Details Hidden

Fortress Investment Group LLC purchases DivX LLC from NeuLion, Inc.

Details Hidden

SoftBank Group Corp. purchases Fortress Investment Group LLC

Transaction Clients
Investment Advisor

Advised on New Media Investment Group, Inc., LMG Rhode Island Holdings, Inc. purchase The Providence Journal Co. from A. H. Belo Corporation

Transaction Advisors
Legal Advisor

Advised onSoftBank Group Corp. purchases Fortress Investment Group LLC

Manager

Advised onFortress Investment Group LLC issued Class A Common Stock

Auditor

Advised onFortress Investment Group LLC issued Class A Common Stock

Legal Advisor

Advised onSoftBank Group Corp. purchases Fortress Investment Group LLC

Associate

Advised onSoftBank Group Corp. purchases Fortress Investment Group LLC

Legal Advisor

Advised onSoftBank Group Corp. purchases Fortress Investment Group LLC

Advisors & Consultants

The Edmonds Group is a specialized investment bank focused on recurring revenue businesses with a particular emphasis on the security alarm industry. The Edmonds Group has closed over 40 transactions representing more than $3 billion in transaction value since its inception in 2004.

Legal Advisor

Co-Chair, International Business Restructuring & Reorganization Practice Group at Gibson, Dunn & Crutcher LLP

Legal Advisor

Co-Chair, Land Use Practice Group at Gibson, Dunn & Crutcher LLP

Legal Advisor

Co-Hiring Partner at Sidley Austin LLP

Clients

Responsibility for the operation and administration of MOSERS is vested in an eleven-member board of trustees. MOSERS seeks to minimize risk through proper diversification of plan assets. This is achieved through finding an appropriate mix of assets that possess varying characteristics that help reduce the overall volatility of the fund.

The Public School Teachers Retirement Fund of Chicago (CTPF) invests across a broad range of asset classes including: (1) large-cap index (2) large-cap core (3) large-cap value (4) large-cap growth (5) mid-cap index (6) mid-cap core (7) small-cap index (8) small-cap value (9) small-cap growth (10) all-cap equity (11) international equity (12) private equity (13) public REITs (14) private real estate (15) infrastructure (16) hedge funds (17) fixed-income index (18) fixed-income core investment grade (19) fixed-income opportunistic and (2) cash equivalents.CTPF's asset allocation policy targets an allocation of 62.5% of the fund's assets to investments in the public equity sector. To increase diversification benefits while maintaining a core position in equities, approximately 40% of their domestic equity investments are allocated to equity index funds, with the remaining assets allocated to active equity managers. To further improve diversification, CTPF targets a commitment of 9% of the fund's total assets to small-cap equities and 22% to international equities. They strive to invest at least 3.5% of their assets in mid-cap equities, up to 30% in the emerging markets or lesser developed countries, 3% in the private equity sector, 2% in the infrastructure sector, 2% in hedge funds, 2.5% in public REITs, 6.5% in private real estate sector and 19.5% in fixed-income securities. To increase diversification while maintaining a core position in fixed-income securities, 55% to 60% of the fund's domestic fixed-income investments are allocated to bond index funds, with the remaining portion allocated to core investment grade and opportunistic managers. CTPF allocates 2% of the fund's total assets to cash equivalents or short-term fixed-income securities to meet the fund's benefits and expense requirements.

Key Stats and Financials As of 2016
Market Capitalization
$3.05B
Total Enterprise Value
Earnings Per Share
Revenue
$1.14B
EBITDA
$274M
Non-Profit Donations & Grants
$1,000 - $4,999
2016
$5,000 - $10K
2015
$2,500 - $10K
2014
Political Donations
$500
2000
Investments
Details Hidden

State National Cos., Inc. engages in the provision of insurance services. The Program segment provides insurance capacity access to U.S. property and casualty insurance markets. The Lender segment offers collateral protection insurance, which insures automobiles held as collateral for loans made by financial institutions. The Corporate segment comprises of investment portfolio, subordinated debentures, and includes rental income, investment income, interest expense, and corporate expenses. The company was founded by Lonnie Ledbetter and Terry Ledbetter in 1973 and is headquartered in Wilmington, TX.

Details Hidden

Matic Insurance Services, Inc. operates as a technology driven insurance agency. It provides web and mobile applications to connect borrowers and loan officers in real time. The company was founded by Aaron Schiff and Benjamin Madick in 2014 and is headquartered in Sherman Oaks, CA.

Details Hidden

Bluestem Brands, Inc. operates as a multi-channel retailer of a selection of name brand and private label general merchandise servicing low to middle income consumers nationwide. The firn owns Fingerhut, Gettington.com and PayCheck Direct brands, which offer consumers a robust selection of consumer products with shop-at-home convenience, via direct mail catalogs and online shopping. It also offers a variety of credit options to provide families on a budget the flexibility of paying over time. The company was founded in 2002 and is headquartered in Eden Prairie, MN.

Investors
Details Hidden

Founder at WI Harper Group, Inc.

Suppliers
Nomura Holdings, Inc. Investment Banking & Brokerage | Tokyo, TY

Nomura Holdings, Inc. engages in the provision of investment and financial services. It operates through the following segments: Retail, Asset Management, and Wholesale. The Retail segment includes investment consultation services, distribution of trust certificates, and management of insurance agencies. The Asset Management segment offers portfolio and investment trust management, and provides investment advisory services for pension funds. The Wholesale segment consists of global markets and investment banking. It includes the sale and trading of bonds, stocks, foreign exchange, and derivatives, and the underwriting of debt, equity, and other financial instruments. The company was founded by Tokushichi Nomura on December 25, 1925 and is headquartered in Tokyo, Japan.