Investment groups have been, for a long time, a force for good for many people trying to retire. Why is this? Well, take the rising stock market, for example. There are going to be millions of people across the country trying to take advantage of a healthy stock market and an increasing rate of return. However, the stock market undergoes corrections, volatile movement, and periodic crashes. Because of this, investment firms were presented with a problem: How could they offer a better and more reliable investment option to their clients without the volatility risk of the stock market? This is where Fortress Investment Group comes in, revolutionizing the investment industry by introducing asset-based investments, a new and improved way to invest without the risk. Visit https://www.zoominfo.com/c/fortress-investment-group-llc/41323699
Fortress Investment Group was brought to the public in 1998, a time when money-supply continued to increase and federal interest rates remained stagnant. With this information, Fortress Investment Group came into the public eye with one mission: offer an alternative-asset strategy to their clients for better returns and increased customer satisfaction. This idea proved its worth, as FIG saw an increase of $3.5 billion in assets over its first five years.
Early on, Fortress Investment Group offered its first investment vehicle, calling it Fund I. In 2002, the company added two key employees from Goldman Sachs who added key insight into Asian markets. By 2006, the company had expanded its investment vehicles to include Fund II, III, and IV. This move also increased their total asset count to over $20 billion. In 2007, the company launched its IPO on the New York Stock Exchange, the first hedge fund to offer its stock to the public.
FIG was acquired by SoftBank for a whopping $3.3 billion in February of 2017. While under different leadership, the company still thrives to bring its customers an alternative form of investing by backing their investments by tangible assets that better retain their value, such as real estate. They also thrive on giving advice to potential investors about backing their investments by real assets as to not lose their money due to the volatility of the stock market.
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