An inside look into the Fortress Investment Group, Sotbank acquisition deal

Located right at the heart of New York City, Fortress Investment Group has been a force to reckon in the finance market for over two decades now and is still going strong. This has been the case thanks to the firm’s three innovative and dedicated leaders, who since its inception in 1998 have done nothing but steer it to the right waters.

Fortress’s leaders, namely; Wes Edens, Randal Nardone, and Peter Briger have for the past two decades been setting the pace for other alternative investment firms through wise moves. For instance, in 2007, the trio set the bar high by making Fortress Investment Group the first large scale private entity to take the public path on the NYSE.

Despite enjoying good years on the public arena, Fortress Investment Group has also had its fair share of troubles. For instance, for a while now, the company has been having a hard time, causing the value of its shares to decline. However, as noted earlier, the leaders of the company have always been innovative and to return its lost glory, they recently shepherded it to the private arena again by signing a $3.3 billion acquisition deal with Softbank.

The acquisition deal which was signed last year, makes Fortress Investment Group a pacesetter once again, as it will be the first large scale private equity firm to go private without the costs associated.

It is, however, vital to note that despite Softbank spending quite a massive amount to get Fortress under its wing, the Japanese conglomerate only boasts economic ownership on FIG. In other words, Fortress’ operations will remain as they were before the deal was signed. Besides avoiding the costs, the acquisition deal brings a lot of wins to the Fortress table as it will now have access to the long string of influential partners on Softbank’s table, and as a result, increase its footprint.

What’s in it for Softbank

On the other hand, Softbank also boasts plenty of wins from the deal as it now wholly owns all of Fortress’s outstanding shares. Additionally, Softbank’s primary mission is to become a top global investment firm with operations in almost all sectors. The company already has stakes in a diverse array of areas from e-commerce to telecommunications, and by acquiring Fortress, it will now have ventured into the finance arena.

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Job opportunities advertised by Fortress Investment Group

Fortress Investment Group offers management to investments. The firm was founded in 1998. The Company is New York based. It is the first equity company to be founded. However, Softbank recently acquired the firm.

Fortress Investment Group offers employment chance to anyone without regard to national origin, sex, age, creed, race, religion, color, sexual orientation, marital status or any other status under protection of federal, local or state law.

There are employment opportunities available currently in Fortress Investment Group, they include but not limited to;

Credit Operations Associate

Apply today to be part of the world leading investment manager. The firm currently manage $42.1 billion worth of asset. With over 1,750 clients who have entrusted their investments with the company.

Administrative Assistant

Apply to be part of administration team in Fortress Investment Group, you will have a chance to exercise administration roles if you get opportunity with the firm.

Business Analyst in Commercial Real Estate

Fortress Investment company currently have a position for business analyst in real estate. Applicant must have the necessary business analysis skills in real estate.

Credit Operations Analyst in Dallas

If you wish to be credit operation analysis in Fortress investment then apply for the position now.

Credit Operations Associate

Do you have skills in credit operations? If yes then apply for the position. This is your chance to put your skills into practice.

Credit analyst in Real Estate

An analyst in real estate credit is required by Fortress Investment Company. He/she will be required to carry out all the necessary analysis regarding credit in real estate.

Data Engineer

Apply to be a data engineer with fortress investment. To apply, you must have all the needed credentials to proof you are a data engineer.

Financial Analyst

Finance analyst is required for Virgin trail USA. You must be competent in finance analysis.

NRZ Accountant

NRZ Accountant is among the jobs advertised by Fortress investment.

Project Engineer

Check out the requirements needed for project engineer and apply for the position. All the details are indicated in the company’s website.