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.
In the world of business, it pays to be strong. It pays to have the puissance to whether the business changes, confront its challenges and find the right solutions that can address the problems in the company. Sure, there can be a lot of lustrous benefits and opportunities in running a business, but if you don’t know how to face such challenges, you can be risking the survival of your business. One of the few rare and indomitable companies today that show the strength to face all the challenges of running a business is Fortress Investment Group.
One of the many things that really accelerated the rise and expansion of Fortress Investment Group today is the fact that it was just recently acquired by SoftBank Group Corp. While Fortress Investment Group is still going to be operating in its own structure, the fact that it is acquired by Softbank means that Fortress would have all the network, unfaltered support and sustainable ally that would drive its operations to its highest potential.One thing that also sped up the growth of Fortress Investment Group is the fact that it is also now consolidated with SoftBank’s corporate structure, and will get the same level of quality infrastructure that can bring Fortress to where it aims to be, too. With the business model, brand and culture in Softbank ingrained now in Fortress Investment Group, there’s a more cogent path for the company to improve many clients’ assets.
The Core Competencies
It should also be noted here that Fortress Investment Group LLC has already been acknowledged as a highly diversified global investment firm today with a net worth of about $36.1 billion in assets. Founded in 1998, Fortress has been able to manage assets worldwide across a range of credit and real estate, private equity investment and other strategies. However, it is the ability of Fortress Investment to weed out the baneful financial strategies out of the clients’ assets that makes it stand out among fund managers today.The ability also for it to sustain the fact that there’s a merger component in Fortress Investment Group is also another thing that makes the company stand out among the different companies today that offer the same services. You can also easily verify, too, the financial standing of Fortress Investment and its financial results on the SBG’s consolidated financial statements last December 2017. This way, you can better assess how much trust you can give to the company in terms of managing your assets.There are still so many corporate challenges that thwart the rise of Fortress Investment, but with the kind of skillset and powerful workforce at their disposal, all is well. The fact, too, that Fortress is still an independent company under the wing of Softbank means that it would still have a lot to do and improve in the future. The market is going to even be rougher, but with the expertise of Softbank under AI, smart robotics, IoT and clean energy technology, there’s nothing to worry on the part of Fortress Investment.
Over the course of his career, Louis Chenevert has created a groundbreaking blueprint in business for his ability to bring about incredible results for each company that he been associated with. Louis Chenevert has been involved with a number of companies during his career in the business world, including Pratt & Whitney, where stayed from April 1999 until March 2006, acting as the President until leaving for United Technologies Corporation, as well as a prior career with General Motors that lasted 14 years. During his time with United Technologies Corporation, Louis Chenevert was a key entity in the culture shift that led to, what was, at the time, the most financially significant acquisition of its kind – the purchase of Goodrich Aerospace. The acquisition of Goodrich Aerospace led to a number of breakthroughs that would change the trajectory of the aircraft industry, including the development of the Geared Turbofan engine, which cut emissions and fuel consumption by a large margin, as well as the introduction of the F135 engine sole source position. As Louis Chenevert continues to transition into the next phase of his career, he sat down to discuss a variety of practices and mindsets that have played an integral role in his overall success.
Always looking to the future, Louis Chenevert recently expressed his excitement for the new advancements in modern technology that have allowed his company to progress by leaps and bounds. He has always employed a strict ability to remain focused on the task at hand throughout his career, and he also emphasizes the importance of surrounding yourself with a like-minded team that is ready to work toward a common goal. His team-oriented mindset requires that he provide his team with all of the necessary materials and assets to do their jobs to the best of their abilities, and he also ensures that when his team takes risks and create positive results, they are rewarded for their efforts. When thinking back on his worst job, Louis Chenevert cites his time as a first line supervisor at an assembly plant, which, despite its shortcomings, taught him a great deal about listening to his employees.