Fortress Investment Group is an incredible investment management firm. It was founded in 1998 as a private equity firm. Today Fortress has become a pacesetter in the investment industry. Its greatest achievement was in 2007 when it was enlisted as the first big company in private equity sector to become treaded publicly on the New York Stock Exchange. This was because of its initial public offering. As at now, Fortress Group boasts in being a global investment firm directing around $43 billion in assets for more than 1,750 private equity investors among others. Fortress Investment Group sits at the heart of New York with more than 900 employees in their locations. Peter Briger, Randal Nardone, and Wes Edens are the key individuals shaping the direction of Fortress Investment Group.
Fortress major in a few specialties in ensuring that investors are taken care of. They avail asset-based investing services, capital markets, corporate mergers & acquisitions, sector knowledge of institutions and companies, and operations management. Under all these categories of services, Fortress at the end of the day ensures efficiency and excellence. They are able to take care of the asset-based investments through the credit and private equity funds. These include the real estate, financial vehicles, and capital. Their expertise in owning, pricing, financing, and managing both the financial and physical assets makes them reliable in the area of asset-based investing. Fortress has a structured number of tools for getting the value of investments, which makes it perfect for operations management.
Having been in practice for more than twenty years now, Fortress Investment Group has a deep and broad knowledge on managing acquisitions and mergers. Their model of understanding cuts across corporate board members, corporate stakeholders, and management professionals on how to build great relationships with them. When it comes to capital markets, Fortress has a profound experience in securing financing through equity markets and debts. Finally, they have a very clear knowledge on managing portfolio companies. Their institutional knowledge is such a commendable thing. Back to history, three passionate men founded Fortress Investment Group: Wes Edens, Randal Nardone, and Rob Kauffman. They had wonderful skills and knowledge in financial matters because of having worked in other companies.
Wes Edens is the co-founder of Fortress Investment Group, which is one of the most prominent global investment managers today, based in the United States. The company has grown heaps and bounds in the past few years under the leadership of Wes Edens and other co-founders, who have primarily focused on diversifying their service portfolio to become a significant investment and assets manager for the clients.The range of services provided by Fortress Investment Group has helped many high net worth individuals as well as companies to assign them as a one-stop junction for all kinds of investments and financial management services. With the revenue of over a billion dollars annually and the net income crossing the $200 million, Fortress Investment Management is one of the biggest investment management firms of its kind. The company is also publicly traded, and at the time of its listing in NYSE, it was the only private equity firm to be listed on the country’s stock exchange.
Currently, Fortress Investment Group is managing close to 70 billion dollars in its credit funds, alternative assets, and liquid hedge funds.Wes Edens is known not only for being the co-founder of Fortress Investment Group, but also for being a successful businessman and owning an NBA team named Milwaukee Bucks. He is also the owner of the famous team named FlyQuest in the League of Legends sport. The career of Wes Edens has been extended and full of milestones, and he has had the opportunity to work for some of the finest financial corporations in the world, and along with some of the most profound senior financial experts.It is what helped him become such an expert in the field of private equity investment and management.
Academically as well, the qualifications of Wes speak for himself. He has done Bachelor of Science in Business Administration and Finance from the famous Oregon State University. After the completion of his studies, Wes went on to join Lehman Brothers in 1987, where he served at the position of Managing Director as well as Partner till 1993.The Wall Street Journal named Wes Edens as the new king of sub-prime lending due to the role that Wes played in buying the stakes at the Springleaf Financial Services. It helped Fortress Investment Group earn generous profits, and also helped the company to consolidate its position in the investment management sphere. Wes is also the chairman of the Nationstar Mortgage.
If you are a woman looking to make it big in the corporate sector, then taking inspiration from the career journey of Susan McGalla is an excellent thing to do. It would help you understand the path you need to take to make it big in the corporate arena and the things you need to avoid. There are many pitfalls in the corporate sector for women that they must be aware of, and one of the most significant problems is that many of the women don’t go to higher education post their graduation. Susan McGalla says that it is crucial for the women to complete their higher education and that too from a good college to get noticed in the corporate sector.
Susan McGalla says that she does appreciate the women employment and leadership initiatives that exist today to help women find their place in the corporate arena, but says that it has not been able to achieve much in the past few years. Susan McGalla said that instead of the women employment programs, the companies should encourage the mentoring and sponsorship opportunities. Susan McGalla says that mentoring programs are beneficial for the women as it helps them get the guidance they are looking for to excel in their career. She also said that the companies should make the mentoring position incentive based as it would help keep the interest alive in both the ends and support the mentor as well as the mentee.
Susan McGalla is the VP at Pittsburgh Steelers Inc for Creative Development and Business Strategy and has come a long way in the corporate sector on her own without any support. It is what has made her a role model to many women who wants to achieve the same success as hers in the corporate world. Susan McGalla has completed graduation from Mount Union College in Economics and Marketing and has worked at high ranking positions as CEO and President at Wet Seals Inc and American Eagle Outfitters Inc, respectively. Susan McGalla says that with proper planning, and a lot of hard work, women can strengthen their place in the corporate sector with ease.