With assets managed across three primary geographical regions US, Europe, and Asia Pacific, Fortress also has a US real estate practice. Fortress Investment Group (FIG) provides clients with advice and services including product development, portfolio management, investment banking, trading and research, and private placement capital raising.
Headquartered in New York City, FIG has over 150 employees with locations in Boston, New York, Dallas, London, Hong Kong, Singapore, Luxembourg, and Tokyo. Fortress invests in asset classes including convertible securities, collateralized loan obligations, credit default swaps, and real estate.
The firm’s founding partners have been in private equity and structured finance for over 30 years and have significant experience working with real estate, private equity, debt, and hedge funds in every major market around the world.
Today the firm’s stock is owned by several institutional investors, including Paulson & Co., Capital Research & Management, Golden Gate Capital, BlackRock, and Janus Henderson Investors. As of March 31, 2017, Fortress Investment Group had $32.9 billion of AUM. The firm is known for originating some of the first distressed debt funds in the late 1990s.
The New York Group is different from other hedge fund or asset management firms because it is a publicly traded company. However, when hedge funds go public, investors often see reduced transparency and control of their capital. The reason for this is that, when hedge funds are listed on the stock market, it can be harder for management to use the profits from an investment for their personal benefit.
• BidNet: Fortress Investment Group’s bid on securities business builds and sells portfolios of listed securities and exchange-traded funds.
• Private Equity: Fortress Investment Group has traditionally invested in private equity style funds and platforms and now also manages assets in hedge funds.
• Real Estate: Fortress Investment Group works with clients to invest in real estate in the US, Europe and Asia. Refer to this page for additional information.