It has been almost a year since Softbank made their offer to acquire Fortress Investment Group. The proposal was worth about $3.3 billion and meant that if the company’s owners and shareholders were to accept the deal, the entity would once again become a private company and it would decide from trading its shares in New York Stock Exchange. The offer was taken and the bank gained full ownership and control, but leadership was left to the founding partners that include Wes Edens, Peter Briger, and Randal Nardone.
Fortress Investment Group has over the years grown its assets catalog. Today, it manages assets worth almost $44 billion, and it continues to diversify its operations to include investments from different sectors. The global firm runs different funds that control the broad portfolio of investments namely;
Fortress Real Estate Opportunities Fund
As suggested by the name, this is a fund that is individually responsible for all opportunities that relate to real estate. The firm has over the years dedicated resources and capital to one of the most lucrative ventures especially after the disastrous market crash of 2008.
Fortress Secured Lending Fund
This entity is a private equity fund and its structure concentrate on senior loans. These loans are most of the times secured by portfolios which are seen to be safe.
Drawbridge Special Opportunities Fund
Generally referred to as DBSO, the fund was formed primarily to cater for all overseas investments made by the company. It is among the most diversified fund as it has been able to infiltrate several sectors including corporate securities, distressed global assets, loans, and assets. Its success is due to its versatile abilities.
Fortress Credit Opportunities Fund
The fund was started to focus and take advantage of opportunistic investments. It focuses on distressed assets as well as the undervalued assets in the financial sector.
Fortress ABI Fund
This fund is in simple words an asset-based fund. It operations mainly focus and take care of asset-backed securities.
Fortress Japan Income Fund
With Fortress Investment Group looking for opportunities outside the United States, the fund is solely responsible for the Japanese market. The acquisition of Fortress by Softbank comes as a booster as the bank has been in the Japanese financial sector for a while now and will significantly help in the fund’s growth.
In addition to the above funds, Fortress Investment Group offers an array of other financial packages that have played a significant role in its growth.