Profile: Fortress Investment Group LLC (FIG.N)

FIG.N on New York Stock Exchange

22 May 2015
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Fortress Investment Group LLC (Fortress), incorporated on November 6, 2006, is a diversified investment management firm. The Company is engaged in sponsoring the formation of, and providing investment management services for, various investment funds and companies, including related managed accounts (Fortress Funds). Fortress generally makes investments in these funds. Fortress has three primary sources of income from the Fortress Funds: management fees, incentive income, and investment income on its investments in the funds. The Company operates in four segments: Private equity, Liquid hedge funds, Credit funds and Logan Circle. Private equity consists of General buyout and sector-specific funds, publicly traded companies and private fund. Liquid hedge funds invest in fixed income, currency, equity and commodity markets. Credit funds consist of credit hedge funds and credit private equity. Logan Circle represents Fortress's asset management business providing institutional clients managed investment solutions.

Private Equity

Private Equity consists of two segments: general buyout and sector-specific funds and publicly traded permanent capital vehicles. The general buyout and sector-specific funds focuses on control-oriented investments in North America and Western Europe. The publicly traded permanent capital vehicles invests in a variety of real estate related assets, including securities, loans, real estate properties and mortgage servicing related assets.

Liquid Hedge Funds

Liquid Hedge Funds invest in fixed income, currency, equity and commodity markets, and related derivatives. In addition, it includes an endowment style fund, which invests in Fortress Funds, funds managed by external managers, and direct investments; and a fund that seeks to generate returns by executing a positively convex investment strategy.

Credit Funds

Credit Funds consist of two segments: credit hedge funds and credit private equity (PE) funds. The credit hedge funds make diversified investments in direct lending, corporate debt and securities, portfolios and orphaned assets, real estate and structured finance on a global basis and throughout the capital structure, with non-Fortress originated funds for which Fortress has been retained as manager as part of an advisory business. The credit private equity (PE) funds consists of a family of credit opportunities funds focused on investing in distressed and undervalued assets, a family of ‘long dated value’ funds focused on investing in undervalued assets with limited current cash flows and long investment horizons, a family of real assets funds focused on investing in tangible and intangible assets in four principal categories (real estate, capital assets, natural resources and intellectual property), a family of Asia funds, including Japan real estate funds and an Asian investor based global opportunities fund, and a family of real estate opportunities funds, as well as certain sector-specific funds with narrower investment mandates tailored for the applicable sector.

Logan Circle

Logan Circle is the asset management business, which provides institutional clients managed investment solutions across a spectrum of fixed income and equity strategies. Logan Circle's core fixed income products cover maturity and risk spectrums, including short, intermediate and long duration, core or core plus, investment grade credit, high yield and emerging market debt. Logan Circle launched equities investment business focused on investing and managing concentrated portfolios of publicly traded the United States equities.

Company Address

Fortress Investment Group LLC

1345 Avenue of the Americas Fl 4
NEW YORK   NY   10105-0302
P: +1212.7986100
F: +1302.6555049

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