The Fortress Investment Group has outperformed the competition for the last decade. They opened their doors for business in 1998 and since then have become one of the leading diversified global investment management firms in existence. They are known for leveraging their great experience within specialized markets in order to employ various investment strategies which have been shown to make profit. They are highly trained in the areas of private equity, permanent capital, credit private equity, and credit hedge funds. They position their 1500 member workforce with in one of four categories. Each individual has advanced training in these areas, which is why they can manage billions of dollars of worth of money and know that in all likelihood it will be safe. The Fortress Investment Group was recently acquired for several billion dollars, which goes on to show just how influential on the global scene may have been.
Their purchaser was a Japanese-based investment firm who wanted to partner with the Fortress Investment Group to expand their horizons within the United States of America and abroad.The Fortress Investment Group has grown to manage $43.6 billion over the years because it has built itself on a strong foundation. These five strong foundations are the reason that over 1750 corporate leaders trust the Fortress Investment Group to maintain and manage their revolving funds. One area where the Fortress Investment Group is highly respected is in the area of real estate. This is due to the fact that real estate provides long-term cash flows for the business. These are asset-based investments. In other words, once you purchase the asset, it then began giving you cash flow every single month. Examples of this are real estate, that, and, credit cards. These cash flow longevity is have made the Fortress Investment Group a lot of money over the years.
The Fortress Investment Group also manages one of the most intelligent teams in the area of investment management. Every single one of their workers who analyze investments have an advanced degree in either private equity, capital vehicles, credit equity, or credit hedge funds. This allows them to build significant relationships with chief executive officers and then leverage the relationships within the sector worldwide order to gain a substantial profit. The Fortress Investment Group also uses their industry knowledge to management operations. Their team is so highly trained that they can take a complex mathematical problem in weighing the risks versus the reward and how to achieve profit in these areas. They also operate in the field of capital markets. The Fortress Investment Group is widely known for their capital market expertise. This expertise is mostly seen in acquiring low-cost and low risk financing their investments. They do this by leveraging the debt equity living capital markets. The Fortress Investment Group names some of the richest chief executive officers in the world as their customers and clientele make up. Most people trust them to invest billions of dollars in order to see quite substantial profits.
Any great organization must have excellent leadership to attain their position of prominence. Fortress Investment Group is no different. Wes Edens is the current chairman and co-founder of Fortress Investment Group. Fortress Investment Group started off several decades ago as a simple private equity investment firm but has since grown to become one of the world’s largest alternative asset management companies. To the hard work and perseverance that Wes Edens has put into his company, it is attained a level that few companies will ever rival. Wes Edens is a prominent American businessman as well as a sports team owner. He currently spends most of his time managing Fortress Investment Group and serving as a company’s chairman.
In his spare time, he likes to watch the Milwaukee Bucks as he is the co-owner of the national basketball team along with Mark Lasry. This year Wes Edens sold the private equity firm that he co-founded Fortress Investment Group for a sum of $3.3 billion to Japanese technology giant Softbank group Corporation. From the sale, he was able to collect $512 million from his private ownership of company stock. From the end of February 2017 to the time that he sold the company he was able to collect $11.4 million through dividends and additional $1.4 million in miscellaneous company stock. The sale of the company will not impact Fortress Investment Group’s management immediately as it will continue to be able to operate independently of Softbank group Corporation. Wes Edens will continue as one of the members of leadership for the company under the details of a new five-year contract.
Under the details of the corporate acquisition, Softbank Corporation paid $8.08 per share of the company which was technically $2.25 higher than the closing price for the company on February 13 when it closed at $5.83 per share. This created a total increase in the value of the Corporation by $142.6 million. Wes Edens is just one of the five principal partners for Fortress Investment Group along with a number of other prominent business figures in America. The investment style that Wes Edens follows has been described as one comprised of creative thinking and creative financing. Through the leadership that Wes Edens demonstrated while leaving the company, he was able to create the first publicly traded private equity investment Corporation in the United States of America when the Corporation held its initial public offering in 2007.
In 2013, venture capitalist and billionaire Chris Burch decided to open the most exotic vacation property he had in his portfolio yet. This property is Nihiwatu Resort, a 5-star hotel on a remote Indonesian island that has hotel suites built with a combination of traditional Indonesian homes while also having modern amenities in their interiors (businessinsider.com). There’s also special restaurants in both pavilions and with outdoor seating, and if you love taking walks in nature’s garden places, you’ll find a lot of that on this property along with the massage service places both outdoor and indoor. Burch spent $30 million to build the hotel area, and he also had a separate lot purchased for his own home on the property that he travels for a portion of the year.
Burch became a billionaire from building a few companies from scratch, and from making big investments in others’ startups through his company Burch Creative Capital. This is where Burch likes to say creativity meets productivity because the startups that are funded here are taken from ideas that aren’t found in too many other startups. Companies that have been seeded here include some advanced tech solutions like Powermat, Pypestream and PCH International, while there are also more down to earth brands there like Little Duck Organics and Jack Rogers. Burch also hosts podcasts for business-minded people on his personal blog.
To learn more about his company, visit http://www.burchcreativecapital.com/
Chris Burch earned a reputation as a serial entrepreneur because he never stops coming up with new business ideas, and the first one he had was for Eagle Eye Apparel back in the 1970s. He was a young college student at the time and he got into the business by buying sweaters at a factory and selling them around campus, and in just a couple years he was making millions in profits from sales. Eagle Eye Apparel had over 50 locations opened at the height of its time, and Burch would end up selling it for $60 million when he exited it. Several years after selling this company, Burch would become the co-owner of Tory Burch, a fashion brand that his then model wife planned to roll out.
To read more of his entrepreneurial views, check ideamensch.com.
Burch’s first hotel ownership investment came in 2004 when he bought several shares in the Faena Hotel + Universe down in Argentina. His partnership with the Faena Group included several other property purchases including a condo in Miami. Other companies Burch has had stakes in include the Internet Capital Group and Guggenheim Partners. He’s also been on the boards of the Rothman Institute Orthopedic Foundation and a former trustee of the Tilton School.
Connect with Burch on LinkedIn.