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Notably, the Fortress Investment Group LLC is a reputable organization that deals with a wide-range of investment management all around the globe. It is one of the world’s largest alternative asset management firms. It was established in 1999 as a private equity enterprise. It is responsible for the management of about 43.6 Billion dollars of the total AUM by the end of 2017. Over the years, the organization manages assets on behalf of institutional-based clients as well as individuals in the private sector globally. Fortress Investment Group majorly deals with diverse credit and real estate, private equity and long-term capital investment strategies. The company bases its operations on excellent investment performance.However, the Fortress Investment Group LLC thrives under the management of excellent leaders who seek to maintain strong corporate governance of policies and operational practices. Nevertheless, the Board of Directors has designed policies and procedures alongside efficient frameworks towards high-level integrity and accountability of the organization.

Additionally, Fortress Investment Group emerged as a basic lender to the Millennium Development Group. The funds would be used in financing the construction of athlete’s village worth 875 Million dollars for the Winter Olympics held in 2010. After the Olympics, Fortress remained as the legal owners of the village.Moreover, SoftBank Group Corp has announced its move to acquire the Fortress Investment Group LLC. SBG is to acquire Fortress for 3.3 Billion dollars in cash. As a result, SoftBank Group Corp together with its other subsidiaries is to own all the outstanding shares belonging to Fortress Investment Group. The involved parties arrived at the deal after the fulfillment of all the agreed conditions. Also, the approval of all Fortress shareholders on 12 July 2017 and the receipt of the necessary regulatory approvals played a vital part in sealing the transaction.

Following the acquisition, the Fortress Investment Group will now operate as an independent business within SoftBank. It is to operate from its headquarters in New York. Besides, Fortress Group will continue to operate under the leadership of Pete Briger, Wes Edens, and Randy Nardone. Just like Fortress, SoftBank seeks to maintain quality leadership, strong business model as well as a unique brand. It also aims at managing excellent personnel, processes, and culture for a worthwhile success of the business operations as well as a sustainable futureFortress Investment Group remains an outstanding investment management firm in offering private equity, credit funds, railroads, hedge funds as well as the traditional management of assets globally.