Whenever there is mention of asset management firms, the first thing that comes to the minds of many is Fortress investment group alias FIG. That is because the company is well rooted in that sector and ever since it was established about two decades ago, it has undergone massive growth and has taken over the arena at an incredibly impressive rate.
Who or What is Fortress Investment Group?
Headquartered in New York, Fortress investment group is an investment management firm specializing in the sector of asset management. The company which was formed by Randal Nardone, Wesley R. Edens, and Rob Kaufman back in 1998, currently manages over $70.2 billion worth of alternative assets, credit funds and also liquid hedge funds. The firm’s tremendous success can be attributed to its group of leaders who are well versed with the ropes of the financial world.For instance, just eight years after its inception the company had managed to increase its asset size by about 40%. This was before it was publicly traded in the NYSE IN 2007. Even though it has had its shares of ups and downs such as being hit by the financial crisis of 2008, the firm has always managed to come back up stronger than ever.Fortress investment group has made a name for itself by investing where most people or rather financial companies would never dare to try. The company ventures in the murky waters of undervalued stocks, unwanted assets and failing companies and has mastered the efforts of turning around the fortunes of the failing businesses and making massive profits out of these.
In other words, the company invests in areas where the money doesn’t flow and again it excels in such areas thanks to its excellent management team which includes proficient individuals like Randal Nardone, Peter Briger and several other.Initially, Fortress was a pure private equity firm but when Peter Briger joined in, it expanded into the world of hedge funds and since then it continues to expand to better horizons with each dawn. Currently, the company is high flying and sings to the tune of over $43.6 billion in asset base. It also boasts a vast customer base and serves more than 1700 organizations worldwide which include private and corporate groups. The community has also benefited from its high flying success as it currently employs over 900 people who would otherwise be a jobless lot if Fortress wasn’t there. It is surely a force to reckon and continues to surprise us with its strategic moves such as its recent acquisition by Softbank as discussed below.
Why FIG’S 3.3 billion merger deal with Softbank is an innovative strategy.In a bid to expand, even more, the company recently accepted a $3.3 billion merger deal from Softbank visuals bank which was closed on December 2017 with the Japanese financial conglomerate. By signing the deal, Fortress investment accepted to be operating under Softbank even though they’ll exist as separate entities. The two are officially known as Softbank financial services.Even though many might see the move as unwise, it has proved to be quite beneficial because since this acquisition the company’s share value recently shot up and is doing pretty well in the stock market. Additionally, both companies already have a rich market base and boast global influence which means by coming together as one big asset management firm they’ll l help strengthen their influence and help achieve their mission which is to take over Wall Street by tapping clientele from the Wall Street heavyweights.
If you were a multibillionaire, where would you keep all of your money? Sure you keep in a banking get a small return on your investment. You could even invest in the stock market, though with all the work you’re doing running your business, you probably won’t be able to analyze market trends like you should. Who can you trust to turn you a substantial profit even when the economy is facing difficult times? I would recommend that you check out the Fortress Investment Group. According to Business Insider, in December 31, 2017, the Fortress Investment Group proclaimed that they managed upwards of $43.6 billion. These assets came from over 1750 institutional clients and private investors. These private investors, like the Fortress Investment Group, span the globe. The Fortress Investment Group credits its vast holdings of real estate, private equity, capital investment strategies, and credit line as some of the main influencers are gaining profit.Their main headquarters was acquired recently $3.3 billion by a Japanese investment firm.
This was a strategic move for both parties in order to gain more control in the most prestigious countries around the world. Many people state that the Fortress Investment Group is the most highly strategized global investment management firm in existence. This is due to their ability to diversify their portfolio, gain substantial profits low risk investments, and then use the profits for high risk investment.Some of the most low risk investment come in the areas of asset-based investments and capital markets. With capital markets, the Fortress Investment Group is looking to buy debt and private equity. By doing so, they gain monthly interest rate payments on these low risk investment options. Their expertise in this area has made them billions of dollars many times over. Concerning their asset-based investments, their real estate and credit line have proved to be the most profitable. They have expertise in the real estate area which extends out to financing, pricing, owning, and even managing these location.
By using, apartment complexes, trailer parks, and shopping malls, they can be guaranteed to have long-term cash flows for substantial amount of time. They are also excellent in the knowledge of their team. They employ over 1500 analysts who are considered experts in their own specific niche. These highly qualified workers leverage their knowledge in complex situations. They are all able to use mathematical formula to truly leverage risk versus reward. The Fortress Investment Group can invest money and profit where many others could not. Also, this expertise allows them to build relationships with the main decision-makers in the corporate world. This has lasting value when it comes to deciding what they are to do. Lastly, the Fortress Investment Group will often work as a business consultant with a board of directors in order to restructure the company, in order to meet the strategic challenges of today. With such a wide array of investment services being offered, it is no wonder that they are in business.
Christopher Burch commonly known as Chris is a renowned businessman. He started his company, Burch Creative Capital, and he is the Chief Executive Officer. Over the years Chris has earned some entrepreneurial skills which he finds very important to run his business. His company is an incubator, support system, and innovation space. He is very enthusiastic about emerging opportunities in the market and he applies his ideas to try and make the opportunities count.
Chris is customer oriented. He makes sure that his business is giving the best to its clients through their work and making lasting impressions. Chris Burch has had his hand in over 50 companies (http://www.burchcreativecapital.com/). He has been in the business world for over 4 decades. He has used the skills he has earned along the way to be innovative and making a significant impact on the companies he has worked with. Chris’ work speaks for itself.
Some of the companies that are in Chris’ capital brand portfolio are Nihiwatu resort and ED among others. Nihiwatu is located in the Sumba, an Island in Indonesia (businessinsider.com). Some of the things the companies that Chris has worked with are involved in organic foods, consumer products and lifestyle products and services. Chris is an entrepreneur with a passion for growth. This can evidently be seen in his work. He began the entrepreneurship journey as a student at Ithaca College. He started Eagle Eye with his brother which later grew exponentially before they sold it off to Swire Group.
Apart from Eagle Eye, Burch has started other companies like C. Wonder and Nihiwatu which is the most recent investment. He was part of the board for The Continuum Group ad Guggenheim Capital. Chris invested in the Internet Capital Group a while back. His ability to understand the needs if the consumer and bridge this gap by coming up with ways of closing the gap through a unison of innovative ideas and implementation is what has made him a successful and renowned entrepreneur.
Chris invests in various business across the world. The most interesting part is that he is not focused on one particular industry. He has diversified his portfolio. He has ventured into real estate, hotel industry and home decor and furnishing among others (architecturaldigest.com). Apart from being a dedicated entrepreneur and businessman, Chris is a philanthropist. He gave out funds to encourage research and the better good of the society. Some of the places he has directed his funds include The China Association of Social Work, Mt. Sinai Hospital, The Henry Street Settlement and NYU Langone among others. His contributions have gone a long way in making the lives of others better.
Christopher “Chris” Burch enjoys gift giving so much that he often does it no special occasion at all. he simply wants others to feel that they are appreciated. That is how he has ran his many businesses over the last 40 years and it surely has served him well. Chris recently wrote on his blog a few of his favorite gift ideas and where the inspiration comes from for those particular items. A quick look at the list shows that he likes giving gifts that are useful while still maintaining some luxury. Gifts like a Trademark Cooper Cage Tote, chocolate candy from Fatty Sundays, A Home Candle Set from Snowe, a jacket mad by Barbour, and a Zero-Gravity Massage Chair by U.S. Jaclean show how thoughtful Burch is in his giving, related article on releasefact.com. The gift that satisfies Chris the most is giving a monetary gift in the name of the gift recipient, which is a precious thoughtful gift. There is little doubt that Chris puts a lot of effort into his giving.
Featured in 2012 in Forbes Magazine’s list of billionaires, Chris Burch started his first business while still in college. Refer to bjtonline.com for additional article. While attending Ithaca College in 1976, Chris and his brother Bob started a sweater business by purchasing sweaters in bulk and reselling to mostly college students. Before long they decided to design their own sweaters and found a partner to manufacture. The business was so successful than just 20 years later for over $160 million. Burch is an investor in real estate all over the world, including the Nihiwatu Resort in Indonesia, click businessinsider.com to read about the resort. In 2004 he helped his wife launch the Tory Burch fashion label, a business that is worth in excess of $3.5 billion.
Chris Burch grew up in a working class family in Pennsylvania and attended the prestigious Tilton School before attending college at Ithaca college. He owns and operates Burch Creative Capital in Philadelphia, where he has helped over 50 businesses get off the ground. He has been involved in many creative projects, even being a producer of the movie, Watch It, in the early 1990s. He helped launch Ellen DeGeneres’ lifestyle brand, ED, in 2014.
Get connected with on https://www.linkedin.com/in/christopher-burch-116531123