Fortress Investment Group has established itself as a world leader in investment and assets management. With private investors and corporate institutions as their main clients, the firm takes care of private equity, real estate and credit assets as well as capital investment strategies. Their consistency in excellent service delivery has been made possible by a great team of leaders.At the helm are Wesley R Edens and Peter Briger who co-chair the asset management company. The former doubles up as the co-founder of the firm, which saw the light of day back in 1998. Having previously worked in the private equity department of BlackRock and Lehman Brothers, Wesley brought on board a great wealth of management experience to the company.Briger on the other hand had been at Goldman Sachs and Co. for close to twenty years before being eventually made partner in 1996. He joined Fortress Investment Group in 2002 and served on the board of directors for three years after which he was elected co-chairman in the close of 2009. The Princeton University alumnus is also a board member at the Tipping Point Community.Daniel Neal Bass, Gordon E Runte, Randal Nardone and David Brooks are the other key executives of the firm. They perform a supporting role to the two main men but their input and experience is invaluable. Daniel Bass, the treasurer, worked at Deutsche Bank for more than ten years before joining Fortress Investment Group. His rich financial experience has positively influenced the returns at the firm.
Runte has offered his services at BlackRock as director of corporate communications. He later joined Fannie Mae where he served as the MD of Investor Relations and Communications. His vast knowledge and experience in public relations and communication earned him an opportunity to be part of the leadership of the firm. For the past eight years he has been in charge of Corporate Communications and Investor Relations at the firm.
The legal department
The legal issues of Fortress Investment Group are handled by David Brooks. He is the general counsel and vice president of the investment group.
Randal Nardone is the other co-founder of the firm and serves as its chief executive officer, a position he has held for five years now. This has not kept him from taking up leadership roles in many other institutions. Newcastle Investment Holdings LLC, Springleaf Financial Holdings LLC and Fortress Credit Corporations are some of the companies that enjoy his services.He started out as a lawyer after earning his graduate and masters degrees. He later joined the financial scene where he has made a name for himself. Nardone has overseen the establishment of the company’s key competencies which include capital markets, operations management, industry knowledge, assets-based and corporate-mergers and acquisitions.Their admirable leadership style has not only influenced the growth of the company but also provided a great opportunity for employees to grow their careers as they offer services. Interns get to learn from elite investment professionals while first timers are made to feel at home on arrival. The firm also rewards dedication as they offer great exposure to their employees.