Fortress Investment Group LLC

New York, NY United States

  (NYSE: FIG)

Company Description

Fortress Investment Group protects its investments. The global investment firm manages private equity and hedge funds for institutional investors, wealthy individuals, and on its own behalf. Its private equity arm buys long-term, controlling stakes in undervalued or distressed companies and credit assets; it also manages real estate investors Newcastle Investment and Eurocastle Investment. The hedge fund arm invests in liquid markets. Fortress offer traditional asset management through Logan Circle Partners. Fortress earns fees, performance-based incentive revenues, and investment income on its own investments. The firm has more than $43 billion in assets under management.