The global fiscal markets are large and extend all around the world. From London to New York to Tokyo, capital markets have outlets in many places. Global capital is always chasing the best possible returns. Savvy investors understand how to attract capital, manage it and keep it. One such company is Fortress Investment Group. This company is widely noted as one of the world’s most successful companies in a very highly competitive market. Over the last two decades since the company’s founding staffers here have demonstrated how to harness global capital and create something of lasting value. This hedge fund is one that seen tremendous growth and even greater success. The aim of the company has been to provide value to their investors and help grow the client’s overall wealth.
Offices All Over The World
In order to help capture the changing nature of global capital, Fortress Investment Group has offices all over the world. Their offices are found in many cities such as Philadelphia and Hong Kong as well as countries such as Italy and Singapore. Providing leadership means keeping a close eye on potential market investments. Roughly a decade ago, they went public. Doing so has allowed them to continue to find capital talent and reach out to investors in markets that have a great deal of growth potential. This lead to a highly successful initial public offering that was greeted happily by the public. Many money mangers realized that it would make a very good addition to their portfolio of companies.
Many Areas of Expertise
Part of the reason why investors were so anxious to be part of their company is that Fortress Investment Group offers many areas of core competency. Core competencies are areas of specialty that help company officials offer expert advice in varied parts of the fiscal sectors. These markets include liquid investments that make it easy for investors to get access to ready cash as needed. The company also has many other areas of impressive competence. Traditional asset management is a skill that is just as relevant as ever in today’s modern marketplace of ideas.
Employees of Fortress Management Group have a lot to say about working there. One of the many things that employees love about being part of this team are the company’s many varied opportunities for professional development. They appreciate that company officials and supervisors push their employees to continue to expand their personal education and their grasp of the world fiscal markets. Staffers also appreciate the fact that the company offers the chance to be appropriately compensated. They know that it is possible to be compensated according to how hard they work and what they are really ultimately worth in the market for talent. As a result, many employees continue to demonstrate enormous loyalty to the Fortress Investment Group. They see a great deal of room for expansion and for many ways to help them grow the financial career they want.
A time comes in life when a chief executive officer of an investment management firm goes on a leave of absence. This doesn’t mean the firm should close down and do away with whatever else it looked forward to achieving. However good any CEO of a firm was, they leave at times and a better one comes. It’s not an abnormal thing to most of the big investment firms today. This is what happened to the Fortress Investment Group when the then CEO Dan Mudd had to leave to pave way for Randal Nardone. The AUM of the Group is approximated to be $43.6 billion and Randal is the Interim CEO.
Nardone aged 55 is among the billionaires who featured in the Forbes’ magazine in 2007. His net worth was approximated at $1.8 billion. In 1998, he became the principal and co-founder of the Fortress firm. In early 2007, the IPO of the company helped him to become the billionaire. In November 2006, he was one of the directors’ board members of the investment firm. He has worked in other different places such as a USB managing director from 1997 May to May 1998. He then worked at the Financial Management or BlackRock as a principal before he joined the giant banking of Swiss. In addition, he was among the executive committee members at the Thacher Proffitt & Wood law firm and also a partner.
Randal studied at Connecticut University where he graduated with a bachelor degree in science. He later went to the School of Law at Boston University and graduated with the Doctor of Jurisprudence degree. Nardone holds many portfolios in different organizations and this confirms his credibility and expertise in the business world. He is a director of Eurocastle Investment Limited, GAGFAH S.A, Bermuda-based Alea Group Holding and Senior Living, Inc of Brookdale. Nardone serves as the Secretary and Vice President of Newcastle Investment Holdings. The units of Fortress Investment Group are three and they include principal investments, traditional asset management, and alternative asset management. In February 2007, the Group went public an initial offering of about 10.7 billion dollars. Through Randal’s great leadership, the Investment Group has scaled unimaginable heights.
You can learn a great deal about an industry simply by looking at the work of the successful people that have come before you. Highland Capital has been one of our favorite investment companies to watch over the past few years thanks to the work of CEO and founder, James Dondero. Dondero has been one of the leading investors in the country thanks to the innovative way that he approaches how his hedge fund works with their investments. Dondero and the rest of the team at Highland Capital are now focusing completely on the healthcare industry and investors might do well to pay attention.
Michael Gregory and James Dondero are two people working within the investment field for Highland Capital. They’ve made great strides in taking their game to the next level thanks to an innovative approach to how they work with their investments. Right now they are taking their innovative approach to investing by targeting the healthcare industry. Michael Gregory is both passionate and technical about his reasons for paying attention. Gregory notes that the United States is struggling a great deal due to a large and “public health epidemic” that is related directly to opioid addiction. Gregory says that, “Insurance companies are starting to do something about it.” What Gregory means, of course, is that companies are focusing on pushing less addictive pain killers out onto the market.
Gregory doesn’t just deal in generic platitudes either. A large part of the reason that Highland Capital is so successful is that they are willing to put their money where their mouth is. Right now Gregory is pointing to Collegium Pharmaceutical Inc (COLL) as a company to be paying close attention to. Collegium Pharmaceutical has been working on a drug called XTAMPZA ERA which is an oxycodone alternative that has been formulated to be less addictive than the more destructive counterparts. Gregory says, “It is doing over $200 million in sales currently”.
No matter where you fall in line with your investments, paying attention to industry leaders is never a bad idea. Highland Capital Management looks to continue to lead the pack into 2017 and beyond.