Asset management has grown to be a crowded field. Virtually most cities are dotted with firms offering services that guarantee albeit high returns in investment. Like any industry, there are firms that have shown resilience and excelled in the endevour. This doesn’t discount the fact that in any business ecosystem, there are those atop the food chain.

It can be argued that a name carries weight. In a business sense, the name should equally surmise the goals, motto and vision of an organization. Fortress Investment Group, if the name is anything to go by, speaks for itself. Human beings have always been paranoid about losing their investments. Perhaps its premised on this that a fort was considered the ideal poster child for secured investments of potential clients. The Fortress Investment Group tag buttresses the fact that many other successful ventured have existed or exist under its umbrella. Read more at chronicleweek.com

Based in New York city the 20-year-old firm started as a private equity firm. The company distinguishes itself in a series of firsts compared to its peers. Prior to 2007, there wasn’t any precedence of a private equity firm being publicly listed. Mostly the private equity industry was considered volatile. It, therefore, follows that it was a public endorsement of the company’s potential.

Fortress Investment Group specializes in alternative assets, hedge funds, and credit funds. The 1325 Avenue of the Americas Company that has almost 2500 employees under its wing has a track record of massive profits. It is estimated by conservative figures that as of 2016 its revenue hit the $1.1 Billion Mark. However, this can be attributed to the several subsidiaries the group has interests and control in. These range from Media investment; railroad America, Nation Star Mortgage just to mention a few. A quick pot check indicates the group spreading its portfolio across various industries.

Fortress Investment Group has weathered major storms in recent times. Granted it has done better than the underwriters of its Initial public offering (Goldman Sachs and Lehman brothers that took a beating in the 2008 financial crisis), the firm continues to attract investors. So much so that in 2014 it was voted the Best Hedge Fund manager. This would arguably spark the spike in the number of assets managed to $70 Billion as a vote of confidence from investors

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