Fortress Investment Group LLC was founded in 1998 and investments within its alternative funds range from early-stage capital to private equity proceeds. Loans are held through Fortress Loans Inc. (FLN), a global trade credit finance firm. Real estate includes Fortress Real Estate Funds (“Fund IX”), Real Estate Funds VII-IX and Precious Metals Funds IV-V, the latter investing in physical precious metals. Investments in credit are held through Fortress Specialty Lending.
Private equity includes the Fortress Investment Group Credit Real Estate, Equity Residential and Strategic Capital funds, and the Fortress Specialty Lending fund. Fortress Specialty Lending holds several limited partner positions in the Fund IX real estate funds, the Institutional and Infrastructure Fund and the Fund IX credit fund.
The principal activities of the Adviser consist of managing investment portfolios and provide investment management services. The Adviser’s clients include corporate pension funds, insurance companies, endowments and foundations and wealthy individuals worldwide. With its focus on private markets and emerging markets, Fortress (New York) is a well-known name in the asset management business.
Fortress Investment Group also acquired a significant interest in German utility RWE Power AG and a 10% interest in German investment bank HSH Nordbank AG. The firm made its initial direct investment in 2002 with the $100 million acquisition of a 4.5% share in Invensys plc, an engineering and manufacturing company, and then purchased shares in Goldman Sachs and Barclays Plc.
Historically, the major markets of Fortress’ portfolio are Europe, Asia, and the United States. In 2018, this was further complemented by expansion into Canada, Latin America, Africa, and the Middle East. Fortress Investment Group has a four-stage investment process:
• Fund-of-Funds Investment Process
• Pioneer Fund of Funds Investment Process
• Strategic Partnership Investment Process
• Growth Investment Process
Along with a focus on transparency, the New York Firm is committed to managing risk for its investors, so it devotes time, attention and resources to assessing the merits of each investment opportunity. Each of Fortress Investment Group’ strategies has a unique investment objective with a proprietary risk/reward profile. The approach is designed to produce long-term consistent outperformance in a global context by investing in a myriad of opportunities.