Fortress Investment Group is a company that has consistently proven that they are the company to set the standards within the financial industry. Since 1998, the company has put into place, a number of developments that have transformed its workings, making it the global leader that it stands as today. The company has always tried to set themselves apart from the rest of firms in industry and take the routes that are far less traveled to be able to achieve their goals. These innovative measures have brought a lot of light to the work that the company does, and have assisted in the well-reputed name that it has today.
The leaders of the company have played a big role in the developments that they have seen. If it were not for the role that they played, Fortress Investment Group would not be in the position it is in today. Peter Briger, Wes Edens and Randal Nardone were the three founding members of the company. Each one of them had been working in the industry and had already risen to prominent positions within the companies that they had been working with.
The each shared one common goal, which was to start up their investment and asset management company that would take on some of the biggest names in business. Having worked at larger names in the past, Briger, Edens, and Nardone were able to pool in their knowledge to be able to set up the foundations for a company that would go on to become one of the most notable in the industry.
Over the years, Fortress Investment Group underwent a number of changes that improved the work that it did and the reputation that it held. One of the more notable things that the company did was in 2007 when the leaders decided that they needed to do something that would indeed set them apart from the rest of the competition. Before this development, no investment or asset management company had ever been presented to the public on the New York Stock Exchange.
Most companies of this kind operated privately, and without any involvement of other people. However, the leaders at the company thought that it would be a good step for them to take, considering that the developments that the company was going through at that time. Once the company was featured on the New York Stock Exchange, it was something that they were happy to have done. The company grew twofold, and those who didn’t already know about the company were now familiar with its workings.
Soon after Fortress Investment Group decided to do this, many other companies from the same sector as them started doing the same. The company was suddenly one that was setting the trends, rather than following it, which is something remarkable for an investment and asset management company.
In the coming years, one can only expect to see more developments from the leaders at the company and Fortress Investment Group as a whole.
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