2018 has been a huge year for Fortress Investment Group and 2019 is shaping up to be a great year for them already. They have been making headlines for 2 decades in the investment industry and recently became a part of SoftBank, one of the biggest names in the world when it comes to finances. Fortress was purchased in 2018 by SoftBank for the sum of $3.3 billion and is allowing them to continue to develop big things when it comes to private equity funds and real estate. The company was created as a strong hedge fund back in 1998 and has grown into a global company that focuses on investing and financing. It was also the first fund of its kind to have an Initial Public Offering on the stock market in the United States.
While going public was the right move for the time which inspired many other companies to follow their example, Fortress Investment Group realized that it was time for a change. The regulations for public companies have changed drastically in recent years and it was not allowing them to focus on long-term growth as they would like. When Fortress Investment Group was purchased by SoftBank, it gave them a very timely opportunity to take their company private again and focus on what is good for them as opposed to the opinions of their shareholders.
One of the big investing opportunities that Fortress Investment Group has been making in the last year is a focus on high profile real estate. The Vision Fund that was created by SoftBank is already integrating the experience of Fortress when it comes to real estate into its business model. They have been investing in startups in the real estate industry suck as OpenDoor and Compass, which are real estate brokers. Fortress Investment Group has also started a significant process of creating 2 brand new real estate funds to help the company grow even more. These funds are expected to help the company make a considerable expansion into private-credit. These funds will purchase real estate assets and debt and provide private-equity directly.