Fortress Investment Group has led the way in private equity since it came into existence back in 1998. With more than 900 employees to its name, the group continues to be a trusted asset management firm. Most of its operations are run from the New York headquarters. When Softbank acquired the group they opted to keep their three principals at the helm. Wes Edens, Peter Briger and Randall Nardone have played a huge role in the great success that the firm has achieved over the years. They were around when Fortress Investment Group decided to go public in 2007 and earned a spot among the leading asset managers in the country.
Randall Nardone and Wes Edens pooled their resources and expertise to bring the Fortress Investment Group to life in 1998. The former is a graduate of the University of Connecticut where he studied Biology and English. He also has a law degree from Boston University. His academic background saw him serve the Thatcher Proffit and Wood law firm as a partner. He also worked as an MD and principal at UBS and Blackrock Financial respectively. This experience was enough to allow him to go on to achieve great things in his own enterprise.Wes Edens, on the other hand, is a Finance and BA degree holder from the Oregon State University. He met Randal at Blackrock where he was a partner. He also enjoyed a successful stint at Lehman Brothers where he served as a managing director. He recently purchased an NBA franchise, Milwaukee Bucks, thanks to his love for sports.
Mr Edens is also actively involved in eSports through FlyQuest. He has served in the private equity division of Fortress Investment Group throughout his time there.Peter Briger came on board four years after the establishment of the firm. He was charged with the Fortress Credit division and he did not disappoint. He had previously worked at Goldman Sachs. He attended the University of Pennyslavia for his master’s degree in Business Administration after completing his undergraduate work at Princeton.The three continue to guide Fortress Investment Group as it diligently serves its clients. They offer expert services in corporate mergers and acquisitions, capital markets, asset-based investments and management of operations.