October 25, 2014 1:53 AM ET

Capital Markets

Company Overview of Fortress Investment Group LLC

Company Overview

Fortress Investment Group LLC is a publicly owned investment manager. The firm provides its services to pooled investment vehicles, pension and profit sharing plans, corporations, institutional managed accounts and structured products, banking or thrift institutions, investment companies, charitable organizations, and state or municipal government entities. It launches and manages hedge funds, balanced mutual funds, and private equity funds. The firm invests in the public the private equity and alternative investment markets across the globe. It invests in distressed and undervalued assets and tangible & intangible assets such as real estate, capital assets, natural resources, and intellectu...

1345 Avenue of the Americas

46th Floor

New York, NY 10105

United States

Founded in 1998

7,946 Employees

Phone:

212-798-6100

Key Executives for Fortress Investment Group LLC

Co-Founder
Age: 58
Total Annual Compensation: $1.6M
Co-Chairman
Age: 50
Total Annual Compensation: $19.9M
Co-Founder
Age: 52
Total Annual Compensation: $2.3M
Chief Financial Officer
Age: 47
Total Annual Compensation: $2.1M
Principal
Age: 49
Total Annual Compensation: $12.7M
Compensation as of Fiscal Year 2013.

Fortress Investment Group LLC Key Developments

UniCredit To Reportedly Decide on UniCredit Credit Management Sale

UniCredit S.p.A. (BIT:UCG) is still to decide whether to go ahead with the sale of Unicredit Credit Management Bank S.p.A. or drop the plans. Federico Ghizzoni, Chief Executive Officer of UniCredit, said on October 9, 2014, the bank is still waiting for offers from two bidders, which are expected to come in the next few days, Reuters reported. He said that the bank will decide by mid-October 2014 whether to go ahead with the sale of UniCredit Credit Management or drop the plan, Reuters reported on October 10, 2014. Three sources close to the matter told Reuters that a consortium composed of Fortress Investment Group LLC (NYSE:FIG) and Prelios SpA (BIT:PRS) is in the top spot to acquire the unit. A group of investors led by Lone Star Global Acquisitions Ltd. is also in the running. He added that UniCredit is not planning on making domestic acquisitions, Reuters added.

Fortress Investment Group Appoints Adam Rosenberg as a Managing Director of Credit Funds Business

Fortress Investment Group reported that Adam Rosenberg has joined its Credit Funds business as a Managing Director leading its Gaming & Leisure investment platform. Rosenberg joins Fortress from Goldman, Sachs & Co., where he was Global Head of Gaming Investment Banking. Rosenberg will be responsible for investments made by Fortress's family of Credit-related funds across the capital structure in the Gaming & Leisure sector.

Fortress Investment Group LLC Presents at 24th NIC National Conference - Investing in Seniors Housing and Care, Oct-01-2014

Fortress Investment Group LLC Presents at 24th NIC National Conference - Investing in Seniors Housing and Care, Oct-01-2014 . Venue: Sheraton Chicago Hotel & Towers, Chicago, Illinois, United States.

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October 21, 2014
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