Fortress Investment Group Sets the Investment Pace

Since its formation in 1998, Fortress Investment Group has been the leading investment manager internationally. This investment management firm was formed as a private equity firm by its founders; Wes Edens (still a principal), Rob Kauffman (retired in 2012) and Randal Nardone (principal to date).By then, Fortress was a small firm, with only 28 employees and $400 million in managed assets. However, with extensive combined experience from its founders, the company experienced rapid growth with the assets under management increasing to $3.9 billion in the first five years of its existence. This further grew to $32 billion by 2007.What brought Fortress Investment Group into the limelight of investment industry is declaring an initial public offer for its equity fund in 2007. It was the first alternative asset firm of its large magnitude do invite the public into an IPO. This move brought Fortress into the good books of the public and gained popularity.No sooner had Fortress Investment Group set the pace than all the other firms followed with the same move.

The first one was Blackstone Group, which went public four months after Fortress. Then others that followed included KKR & Co., Oaktree Capital Group, Management, Ares Management, Och-Ziff Capital Management Group, and the Apollo Global Management.The success of Fortress Investment Group has not just been achieved by luck. It’s a combination of the firm’s core competencies that have acted as pillars for its significant growth. For instance, the firm has specialized in asset-based investments. Beside credit funds and private equity, Fortress has diversified the classes of assets that it manages for its clients to include capital, real estate and other permanent investment vehicles that can generate long-term cash flow. The firm has professionals and specialists who possess extensive expertise in financing, owning, managing and pricing both financial and physical assets.

 About Fortress Group

Being a world leading investment company, Fortress has diversified its classes of assets that it manages for its customers. It has also increased its employees to over 1,100 to be able to serve the expanding client base. Due to its huge nature, the group’s operations have been currently segmented into three categories; permanent investment vehicles, credit, and private equity. Recently, the firm was acquired by the SoftBank group. However, Fortress continues to operate independently under the management of its three principals though still under SoftBank. The acquisition was “all cash” based where SoftBank paid $3.3 billion in cash.

The Certifications of Richard Dwayne Blair

When people look into the success of Richard Dwayne Blair, one thing that they are going to find is that he has a ton of certificates and qualifications. While they are not needed for him to run his own business as a financial adviser, they do raise credibility. For one thing, people trust professionals that are certified. This means that they have studied and learned how their area of the industry works. Richard’s credentials help attract clients to him. Richard has put his certificates to good use and has helped tons of people solve their own financial problems for the short term and the long term.

Among the credentials that Richard Dwayne Blair has are Certified Annuity Specialist, Certified Tax Specialist, Certified Fund Specialist and many more. This goes to show that the reason Richard Blair is so good at providing financial advice to people is that he is very passionate about finances. After all, he knows that life depends on finances. Therefore, he is willing to help people get their finances in order so that they can at least maintain their way of life. One thing that can shame a person is if he loses his home because of finances.

Richard Dwayne Blair is someone who teaches people how to think outside of the solid box of convention. He comes up with some of the unconventional solutions that are going to work very well for the individual to use. One of the best things a financial advisor can do is make suggestions on different activities so that the client can experience a spark of creativity. After that, they can not only get to work on making extra money but also enjoy the process. They can invest the money in an account that will accumulate over time. One of the best suggestions for a businessman is to diversify income streams.