Fortress Investment
AcquiredAlternative asset management at global scale
New York, United States · Founded 1998
- Headquarters
- New York, New York
- Employees
- 501–1000
- Founded
- 1998
- Business Model
- B2B
- Website
- fortress.com
- Acquired by
- SoftBankDec 2017 · $3.3B
About
Fortress Investment Group, LLC is an American multi-manager investment firm headquartered in New York City. Founded in 1998 by Wesley Edens, Rob Kauffman, Randal Nardone, Pete Briger, and Michael Novogratz, Fortress manages approximately $53 billion in assets on behalf of over 2,000 institutional clients and private investors worldwide. The firm invests across corporate credit, real estate, private equity, insurance, and permanent capital strategies. Fortress was the first large private equity firm in the United States to list publicly on the NYSE (2007), was acquired by SoftBank in 2017, and in 2024 became independent again under Mubadala Investment Company and its own management team. The firm employs over 900 professionals globally.
Summary
Fortress Investment is a Financial Services company based in New York, United States, founded in 1998. Investors include SoftBank, Goldman Sachs and Morgan Stanley.
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Funding History
Dec 2017
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Investors
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