Fortress Investment Group is a prestigious private investment group that has recently completed a successful credit transfer with iPass, a mobile connectivity provider. As one of the top management investment groups, it manages about 40 billion dollars worth of assets. The collaboration between the largest Wi-fi provider iPass, with 62 million hot spots nationally and Fortress Investment Group is unprecedented. Mobile connectivity is the wave of the future and will determine iPass and Fortress financial future.
Fortress Investment Group was founded in 1988 and has its headquarters based in New York City, boasting a history of strong leadership, and a diversified portfolio that has helped them achieve considerable success. It’s partnerships with other corporations are mutually beneficial and allow Fortress Investment Group to reap the rewards. Credit, real estate, private investments, are all part of its strategically managed business model.
Fortress Investment Group has a strong partnership with iPass that mutually strengthens the others positive qualities. Since 1988, the company has been at the forefront of global investment management, foreseeing assets for 1,750 clients globally. By focusing on strong leadership, it has managed to build a strong clientele base and capitalize on providing services in the Credit Private Equity and private credit sectors.
Softbank recently purchased the company in a merger for 3.3 billion and has seen its assets grow considerably. The Japanese company is hoping that it will exist alongside with it in its New York branch. Fortress is at the forefront of leadership in the information sector. It’s pursuing advanced technology such as the Internet of Things and Smart Robotics. A former senior executive at Fortress works for Vision Fund, one of the world’s largest equity funds and a strong advocate for solar technology. The work that Fortress is doing exists on the cutting edge of finance, technology, entrepreneurship, and communications. Starting with 400 million in capital, and 28 employees, the firm now employs over 70 billion dollars worth of assets. It continues to build and expand to this day, evolving in its focus and abilities.