Many investment management firms are starting to succumb to the economic challenges to which the investment sector has been subjected. These challenges include poor leadership, low investment returns and stiff competition among the industry players. However, Fortress Investment Group has defied the odds and remained stable throughout the challenging times. This has not been out of luck or a coincidence. It has been as a result of a clear strategic plan that has been laid by the management of the company, led by a team of three co-presidents namely Randal Nardone, Peter Briger and Wes Edens. The trio forms a concrete foundation that has supported Fortress Investment Group and enabled it to remain stable while many of the other similar firms are collapsing.
Several core aspects have been behind the success of Fortress Group. One of them is the diversification of its portfolio, which was the initiative of Peter Briger when he joined the company in 2002. Before then, Fortress Group was mainly managing private equity and credit fund for its clients. When Briger joined the company, other investment strategies were introduced to the company’s portfolio which made its asset under management increase rapidly. Some of these asset strategies were capital, hedge funds, liquid markets and other financial vehicles that could create continuous cash flows for Fortress and its customers. All this was made possible by the great team of employees at Fortress Investment Group that possess specialized expertise in managing, valuing and pricing of assets, both financial and physical.
The second factor that has been critical to the success of Fortress Investment Group is its effective management of operations. The firm has some sound equipment that it has developed to enable the efficient monitoring of investment strategies which sometimes are too sophisticated for the ordinary investor to track. These have been accompanied by the excellent operations management and evaluation of both structural and strategic facts that could affect the performance of the investments under their management.By the end of 2017, Fortress Investment Group had more than 1000 employees on board, many of which comprised professional investment experts that ensure that the investment operations in the company run smoothly.