Tag Archives: private equity fund

The evolution of the Fortress Investment Group

In 2017 Softbank came calling at Fortress Investment Group, the bank was interested in acquiring them and made an offer of 3.3 billion dollars. This meant that once shareholders accepted the offer, the group would be de-listed from the New York stock exchange and become a private company once again having listed on the stock market in 2007. The offer was approved giving the bank full ownership but still leaving a lot of the group’s leadership in the hands of its founding partners.

The Fortress investment group has assets under management that tally up to 43.6 billion dollars. They have over the years diversified their operations into something that has enabled them to have a very diverse portfolio as far as investments are concerned. The group has a number of funds that direct these investments namely

Fortress Credit Opportunities Funds

This fund was established to focus on opportunistic investments. These types of investments were largely in the undervalued asset category as well as the Distressed asset sector.

Drawbridge Special Opportunities Funds.

Commonly referred with Fortress Investment Group as the DBSO was established to focus on the global investments the company undertook. This fund is one of the most highly diversified and has been able to penetrate a number of areas that include loans, assets, corporate securities as well as overseeing distressed assets. The ability to be highly versatile is one of the reasons it has been highly successful.

Fortress Real Estate Opportunities Funds.

As the name suggests, this is a fund that is essentially dedicated to all types of opportunities in real estate. The group ensures that it continuously invests in the area as it has proved to be one of the most lucrative, especially after the 2008 crash.

Fortress Japan Income Fund

Created specifically to cater to the Japanese market this fund has grown exponentially. It is expected to continue doing so after Softbank acquired Fortress and the bank already having sufficient knowledge of its home market it could hasten its growth.

Fortress Secured Lending Fund

This is a purely private equity fund. Its structure is one that focuses on senior loans which are in most cases secured by “safe” portfolios.

Fortress ABI Fund

This is simply an asset-based fund. The fund was established to cater to asset-backed securities mainly.

The Fortress Investment Group, however, has a range of other products that have helped drive its growth the Permanent investment vehicles have been essential to this end.