There are many indicators or growth in an institution; one is valuation. It can be obtained from its financial reports which are matched against its performance in the previous season to show loss or profit. Fortress Investment Group, an investment firm based in the United States of America has experienced sporadic growth in recent times. It can be attributed to the effective management of investment, a pool of seasoned experts, market knowledge among other things.
Well, Fortress Investment group had set a secured lending fund target of US$ 500. It now celebrates after it was able to close a deal estimated to cost US$ 590 million. This agreement brought together 56 investors interested in the funding pool, out of which 30 investors were new to the firm. Since inception, Fortress Investment Group has experienced growth through its lending function. It is established that there is an annual growth of 13%. Secured loans are advanced to customers with investments that are attractive and likely to yield better returns.
About Fortress Investment Group
It is an investment firm with expertise in asset management, liquid markets, credit, and private equity. It was established in 1998 by Randal Nardone and Wesley Eden active principals to date and Rob Kauffman who has since left to pursue his interests in sports with its head offices in New York City.
Fortress Investment Group is ideally a manager of other managers. For instance, it has helped solve some operational challenges with financial institutions such as Mogo Finance Technology, Small Bone Innovations, OnDeck, Layered Technologies, Marathon Patent Group, and Supercom among many others. It has also preceded over acquisitions and mergers to help other institutions expand, grow and in some instances diversify risks if it was in a distressed position.
It is ranked among the best-managed investment firms in America and is listed in the New York City Stock Exchange which means it is trading publicly. It enables it to raise capital from stakeholders. Its management has also had a value input to make it shine. In 2014, the HFM Week termed it as the Management Firm of the Year.
For details: www.fortress.com/businesses/credit