Tag: diverse portfolio in terms of assets

At the Fortress Investment Group its all about creating a portfolio.

Financial, Investment Portfolio
With its acquisition by SoftBank, the Fortress Investment Group once again became a private company. This deal for those in the know believe had been playing out behind the scenes for more than two years but eventually concluded in 2017. The deal saw Softbank acquire all the listed shares at a premium driving its value up to 3.3 billion dollars. This was a price that Softbank was willing to part with despite the significant concessions it had to make, such as leaving the operations to its current management team. The Fortress Investment Group was founded in 1998 and has been one of the very successful ones. They have been able to grow their assets under management from an estimated four hundred million to over forty million dollars today. This growth has been driven in part by the role ...