Being chief in the investment sector, Fortress Investment Group has shown huge dominance in the industry. However, all its achievements have not been accidentally achieved. They have been as a result of a combination of sheer hard work from its employees and also effective operations management by the firm’s leaders.In 1998, Fortress was established by its three founders with an intention to create a unique type of investment firm that would solicit funds from private equity and subsequently invest the fund in cutting-edge capital vehicles that would generate long-term cash flow. With its first headquarter being in New York, Fortress has with time experienced high growth that has led to the establishment of an additional headquarter in San Francisco and other two in Shanghai and Singapore.
The success of Fortress Investment Group can be attributed to some pillars that keep the company unique from other investment management firms. One of these core competencies the effective management that Fortress has for its operations. The company has developed robust instruments that enable it to generate value from its complex investment strategies. The institution has also demonstrated structural, operational and strategic proficiency when it comes to its portfolio management.The other success factor that the firm boasts of is the asset-based nature of its investments. Aside from credit funds and private equity, which happen to be the dominant investment strategies of Fortress Investment Group, it has also diversified its assets to include capital, real estate, and other financial vehicles that generate long-term cash flow.
This is made possible by company’s possession of extensive expertise in financing, owning, pricing and management of both financial and physical assets. Another core competence that keeps propelling Fortress Investment Group is its high proficiency in managing mergers and acquisitions. The personnel of the firm has clear understanding of the same and hence developed firm professional relationships with the key stakeholders of other corporations and their management professionals. This has made it easier for Fortress to engage in both acquisitions and partnerships with other organizations, a factor that has positively impacted on the firms’ growth.
About Fortress Group
Fortress Investment Group, being a global investment management lion, is a specialist company when it comes to capital markets. The firm has an exclusive proficiency in raising investment funds via equity and debt markets. The firm is also proud to have a long track record of portfolio management, an aspect that has given it extensive institutional investment knowledge in regards to a vast range of industries.
Randal Nardone is a self-made billionaire ranked number 557 in the Forbes within the finance industry with 53 million shares of a net worth of $1.8 billion and 69.6 billion assets.He attended the University of Connecticut and achieved a B.A degree in English and biology, at the Boston University the School of Law where he has attained a Doctor of Jurisprudence. Hislaw career commenced as a partner at Thacher Proffitt and Wood. He worked as a managing director at Union Bank of Switzerland after working at Blackrock Financial.After meeting Wes Edens, he took it upon himself to learn on how he could merge his law knowledge with finance. He together with other four principals including Wes Edens formed Fortress Investment Group in 1998. Fortress Investment Group is a private limited company that mainly deals with:
- alternative assets in equity.
At Fortress Investment Group, Randal Nardone familiarized himself with various responsibilities ranging from the director, principal to interim CEO. Randal Nardone being a committed and passionate person, he focused his attention on advising the Fortress Investment Group on legal investment opportunities.He is known to implement well stipulated and formulated strategies that scale great profit margin in the firm. His law career has had him offer best decisions in matters finance and law that has vastly guided the company.Randal Nardone was among the management team that decided Fortune Investment Group would continue to operate independently and invests in what they specialize in, that is, railroads,real estate, hedge funds, credit funds and private equity even after SoftBank Group Corp acquired Fortress Investment Group.He was optimistic that the purchase would strengthen Fortress in terms of future growth and easier access to credit. True to his word, the company made 1.39 billion after the purchase.
The amount was then split based on how many shares each owns in the company. By July 017, the price per share had increased from $5.83 to $7.85.Randal Nardone serves as a board member in various companies. He is a director and principal at Fortress Credit Corporation. He is a non-executive at Alea Group holdings and the chairman and president of Springleaf Financial Holdings.Randal gives and has contributed back to the society by positively impacting people from various backgrounds through creating relationships ranging from domestic and international especially to businesses in the Middle East and Asia because he has had the opportunity to create vast and diverse networks through working with many different companies while at Fortress Investment Group.
The greatest advice from the big minds when starting a business is to focus on creating a quality product instead of something that fascinates the market. A quality product naturally gains the popularity that it needs at the long-run. A year ago, someone would have laughed when they heard that someone was investing all their savings to begin a bottled water company. Why sell something that everyone can get for free? Well, the same business today is worth 100 billion worldwide.
When you walk into your grocery today, there a variety brands of bottled water you can choose from for your shopping. What influences your choice? This is where the concern of every bottled company lies. They need to see that they win the biggest number of consumers. Every firm has invested in seeing that their products remain at the top. For the Waiakea Company, they have been able to pull consumers on their side without much struggle.
To start with Waiakea Water is a very refreshing water brand with a balanced pH. It is manufactured in Hawaii, something that many individuals love as they associate Hawaii with natural products. The other thing that the consumers of the Waiakea water flaunt is the fact that it is pure volcanic water.
Well, forget about the tasty nature of the Waiakea Water. There are other factors as to why many people are drinking the water. You see, years ago before the introduction of the bottled water, the environment used to be clean. The beaches were beautiful and served as great places to rest and relax after a long time working. This beauty has been damaged by the million water bottles lying on them.
The problem is, the current water bottle does not decompose, and man individuals lack the discipline of disposing of the bottles in the right places. Fortunately, the Waiakea Water brand has addressed this issue through the introduction of the decomposable water bottles. The company is set to introduce a plastic bottle that will only take 15 years maximum to decay. This is a major boost to the future life of the environment. We can only hope that other companies will emulate the Waiakea Water Bottle Company.