Fortress Investment Group retains its Helm of Leadership even after the Buyout.

An investment manager is often involved in making investment portfolios, securities and critical decisions for clients under several factors with the most notable being the investment objectives. Alongside the parameters of investment as defined by clients in particular, an astute investment manager shapes the life goals of a client objectively. From buying to selling various securities, to monitoring and even settling transactions, without a doubt, an investment manager plays pivotal roles that the ordinary investor cannot indulge in. One such organization that has cemented its name on the tight walls of investment management is Fortress Investment Group.

The Establishment and Leadership

Fortress Investment Group is a globally diversified investment manager that has managed about $43.6 billion in assets since 2017. Three co-principals who shared a vision formed the company; to help investors make the right investment decision. Over the past years, these three co-principals have successfully managed more than 1,700 institutional clients including private investors, real estate, and credit managers.

 Ethics and Mission

At its most basic explanation, Fortress Investment Group values investment performance. Consequently, the cornerstone of the company’s operations has been shaped by the need to generate stable risk-adjusted proceeds for investors in the long run. Over and above, the team is dedicated to maintaining healthy corporate image alongside governance policies as well as practices. With the board of directors in charge, Fortress Investment Group has set policies as well as procedures that establish the uppermost level of accountability and integrity.

 Working at Fortress Investment Group

Without a doubt, the good name that Fortress boasts of is as a result of the commitment, hard work and expertise employees have contributed to the organization. Mutually, they are responsible for preserving as well as enhancing the stellar reputation; an undertaking that is essential to their continued success. Moreover, Fortress Investment Group has created a healthy working environment for its employees. Alongside an impressive physical environment and occupational health, employees have attested to finding it easy to shape their career in Fortress Investment Group.

 Softbank Group Acquires Fortress Investment Group

In late 2017, Japan’s Softbank Group announced the sealing of Fortress Investment Group’s acquisition deal at $3.3 billion. Softbank, a company that focuses on technology investment, proposed the deal to purchase Fortress Investment Group at $8.08 in February. At that moment the deal was priced at 39% higher than the stock’s close.

 Management after the Acquisition

Fortress, a project of three co-principals, Wes Edens, Randal Nardone and Peter Briger, will operate independently with its central office in New York. In the words of Softbank’s Masayoshi Son, the only aspect of change in this deal is in ownership. Otherwise, the business model, employees, corporate culture, and management will be maintained.

 The Overview

Fortress Investment Group is focused on enhancing control-oriented investments within cash flow generating assets in addition to asset-based businesses. Primarily, the company has been operating within North America, Western Europe in addition to the Caribbean. While the company is open to various investments across different industries, it has significantly contributed to private equity investments.

The Chainsmokers Alex Pall Branches Out

Alex Pall grew up with aspirations of becoming a DJ. Before moving to New York City he was already producing music before forming the electronic music duo known as The Chainsmokers. The duo is now ubiquitous on the radio with hits like “Roses” and “Don’t Let Me Down”. More recently the other half of the duo Drew Taggart has begun singing on one of their songs for the first time.

While Alex was a busy working DJ in New York when he first began, it was still mostly a hobby than a career. As time went on and he became more popular he realized that electronic dance music was his future and decided to dedicate himself to it full time. After the second original member of The Chainsmokers left the duo his manager introduced him to Drew Taggart as a possible replacement.

They hit off immediately and very quickly Drew moved from his home in Maine to Alex’s apartment in the city. They spent months working on new music every day from 9 till 7 and building their brand and identity as musicians at the same time. There was a very complimentary aspect to their relationship that proved to be the key to success.

After finding significant radio and popular success creating traditional electronic music, music where other more traditional singer-songwriters would provide the vocals and the lyrics while they provided the beat and production, on their latest single they have begun writing and singing their own lyrics. Alex feels that The Chainsmokers have more to offer than the traditional DJ who only produces or mixes music and beats but rarely sings.

The Chainsmokers have continued to find enormous success with both their music and building an identity as artists that have grown beyond sitting behind a turntable. While many DJ’s are content to spin records and let others do the singing, they have strived to create a name for themselves as something more. With multiple around the world tours, hundreds of sold out concerts, and fans that span multiple generations and countries, it can be said that they have definitely achieved their goal.

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