The Fortress Investment Group-A guide on how to make the right investments

Mergers and acquisitions may seem like a straightforward business, but those who have had the experience will want to dispute this assertion. This has been of the specialties of the fortress investment Group who have been in the industry since 1998. The group has been able to achieve levels of success that saw them become the first privately held equity firm to list on the NYSE. The Fortress Investment Group has over the years enjoyed steady growth and management under the hands of its founders Wesley R. Edens and Randal Nardone. They began the firm with only four hundred million and by the time they brought on Peter Briger to start the credit and real estate business they were already worth more than three billion dollars. The group has its headquarters in New York while it has a subsidiary in San Francisco where Peter Briger is located.

As of 2016, the firm had over two thousand five hundred employees spread out all over the firm and helping bring in revenues of approximately one billion dollars annually. These revenues have been a result of investment vehicles that include, but not limited to, permanent investment vehicles that include New media investment group and the new senior investment group. Over the years the fortress investment group has made a number of other acquisitions that include Penn national gaming which was done in partnership with Centerbridge partners. This investment was made at a time when casinos were experiencing phenomenal growth while the horse racing venues were also performing quite well. The fortress investment Group has also been a very consistent investor in the railroad department apart from the highly successful Brightline investment the won the bid to acquire assets belonging to the defunct Montreal, Mainde and Atlantic railway. This sale would eventually amount to approximately sixteen billion dollars and was completed in May of 2015. The railways would require some repairs that would help it return to its optimal levels, which would eventually cost the group roughly ten billion dollars. This investment is however expected to offer a very attractive return on investment.

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