Having to manage billions of dollars is no easy task. Many financial institutions exist to help people manage their assets. But not all of these institutions offer the same level of benefits and perks as Fortress Investment Group. The asset manager has been around for decades with one end goal in mind. The asset management firm works to educate, lead and protect their clients’ assets with the best strategies and most up to date technologies.
As of June 2018, the company was managing over forty one billon dollars for their seventeen hundred global clients. Since 1998, Fortress Investment Group has been breaking records and crafting a respectable reputation with its customers. Private investors around the world trust this asset management firm with all kinds of investment. Fortress Investment Group handles every type of investment for their private investors, which includes real estate, credit, private equity and capital investment strategies.
The firm is currently investing in a major transportation company in Florida. Fortress Investment Group chose to purchase Brightline because of the bright future they saw in having a transportation company that would solve one of the biggest issues in Florida. Residents in Florida have a tremendously long commute town. People traveling from either side of the state struggle to get to their destination within a timely manner. The government of Florida has been working consistently to create train routes that would offer an alternative to transportation. Brightline will now be providing train routes from Miami to West Palm Beach and from West Palm Beach to Fort Lauderdale. Residents are thrilled to know they have an alternative to commuting.
The asset manager plans to expand Brightline’s operations. They are having discussion with local Florida government leaders to decide where an additional train route would be needed. Bringing Brightline into a state like Florida brings a boost for the economy. With more transportation options, especially since this alternative saves time, it will usher in more tourists. What Fortress Investment Group has done with the acquisition of Brightline is a mere example of how the asset management firm became a top asset manager. The company is well diverse in handling investment projects in many industries, especially transportation. Being so diverse has the billion dollar firm to success over and over again.