The results exerted by the workforce of Fortress Investment Group are positive enough to merit special mention in various media sources. With the things that have been happening with Fortress Investment Group in the many years that it has withstood market challenges, it is then no surprise that news portals like Chronicle of Week and Analyst of Finance have made special mention of the company.
As people already know, Fortress Investment Group is already one of the most recognized and consulted asset management entities in the industry today that have the skillset to understand the market complexities in the modern setting. However, Chronicle of Week highlights most this fact. It is also in the article that one of the biggest changes in the operations of Fortress Investment Group is the fact that it is now under an acquisition agreement with SoftBank, with a deal agreement reaching to about $3.3-Billion.
What’s also interesting to highlight is how the article traced the back stories of the successes of Softbank and Fortress. Softbank is founded by Masayoshi Son in 1981 as a wholesaler of PC software but since then expanded its reach to various niches. Fortress, on the other hand, was already growing its various fund vehicles that helped investors grow assets in the safest, most profitable means during the same time. When SoftBank acquired Fortress, it is now then the work of Softbank to make sure that Fortress works according to the regulations set by the government, especially under the administration of Trump.
In the case with Analyst of Finance article, it can be said that Fortress’ partnership with Softbank would establish stronger ties between Japan and the United States as the CEO of SoftBank is from Japan. There are still challenges, though, in terms of whether the government is in line with what SoftBank wants to do in the future. But with the kind of leadership that the principals of Fortress show, it’s hard to not expect good results from the company. There’s already a lot of work experience in the case with Fortress. Since it started in 1998, it’s been through a lot of market fluctuations already. All these experiences will form the armor of Fortress in the growth of Softbank’s operations.