Located in New York, Fortress Investment Group is an alternative investment firm that operates globally and has offices around the country. Fortress Investment is currently one of the largest investment companies in the United States and they have been both a public and private company over the years. The company was originally founded in 1998 by three business partners, Randal Nardone, Wes Edens, and Rob Kauffman. At the time, the three men decided to start the company as a private equity. Peter Briger is another important member of the management team that was brought in just four years later after the company started.
Fortress Investment Group has assets ranging above forty billion dollars which they manage for hundreds of entities around the globe, most of which are private. Fortress specializes in asset management, real estate investment, private equity, and credit funds. Fortress is gaining more members every year and as of now, they have more than 900 employees working around the world at their business locations.
In 2014, Fortress Investment Group was named as Hedge Fund Company of the Year for their impressive growth every year. In 2017, Fortress Investment was noticed by Softbank, a multi-billion dollar corporation, for a sum of more than three billion dollars. Operations will continue as normal for Fortress Investment with Peter Briger standing as the company’s Chief Executive Officer. One of their biggest goals as an asset management firm is to continue expanding globally, which is why they also own a hotel chain that runs all over the country of Japan.
Fortress Investment Group was a private company for nearly nine years before going public, with the help of Peter Briger. This change was the tipping point for the company as they were able to steadily amass more than 1700 clients globally after going public in 2007.
About Fortress Investment Group: www.fortress.com/contact
Australian newspaper “Australia Financial Review” published its annual list of Australia’s most innovative companies and one of the companies that earned a spot this year is mortgage broker Infinity Group Australia. Infinity Group earned its spot due to their very “client first” and collaboration based business model. Infinity Group focuses on educating Australians on how to manage their finances. They offer more than just loans. After lending their clients their home loans, they monitor their finances in order to make sure they pay it back in record time. They also offer their clients advice on how to manage the rest of their finances along with investment advice and advice on retirement.
This approach comes from founder Graeme Holm who states that Infinity Group is kind of like a personal trainer for your finances. He also states that when you have expert guidance, the entire process of paying off a home loan doesn’t seem as daunting anymore. Infinity Group analyzes the client’s income and budgets it out in the best way possible so that the client is able to pay off any debts and then, later on, be free to invest their capital however they would like.
Holm also emphasizes the importance of cooperation and how that concept drives his business. He highlights the fact that when his clients are successful, so is Infinity Group. Other mortgage brokers only care about receiving payments, but in reality, it is also convenient for them to get back the money they lent out. While most brokers focus on the interest rates and if they’re getting paid on time or not, Infinity Group focuses on making sure that their clients are able to pay back the loan. That way the client is rid of debt, owns their home, and Infinity Group now has the capital they lent out available to lend out to another client. This way, Infinity Group makes money, and the client is successful in paying off debt. It’s a win-win situation.
This business model is what earned Ininfity Group and Holm a spot on the list of Australia’s most innovative companies. The AFR has a very wide audience and this is a very big accomplishment for a company that has been running for a relatively short amount of time. Infinity Group was founded by Holm and his wife in 2012 and since then it has grown to be the reputable company that it is today. Learn more : https://www.medianet.com.au/releases/166333/