Fortress Investment Group has been helping innovative companies achieve their goals of growth since they were founded in 1998. The company has made innovations in the industry itself, one of which being going public on the New York Stock Exchange. The large-scale private equity firm was the first company of its kind to introduce an initial public offering in 2007.
The global investment management firm directs the assets of more than 1,750 investors worth more than $43 billion. Fortress Investment Group manages these investments through hedge funds, private equity, and permanent capital vehicles that focus on bringing returns with long-term goals. Their decades of experience have allowed the company to have a lot of knowledge when it comes to mergers and acquisitions and has developed relationships with valuable key players in several different industries.
Fortress Investment Group started with around #400 million to almost $4 billion in just the first five years after their founding. Initially, their investments were mainly in the real estate sector until they expanded their portfolio into both hedge funds and debt securities. From 1999 until 2006, they grew by almost 40% with their private equity funds.
One of the interesting and innovative companies that are part of the extensive portfolio of Fortress Investment Group is the private rail system Brightline. Currently, Brightline offers routes that can quickly take their clients from 3 different cities around the state of Florida. While currently only Miami, Fort Lauderdale, and West Palm Beach are the only destinations, there are plans to include Orlando as a stop in the near future.
Passengers’ time on Brightline isn’t like typical transit systems, they offer amenities such as power outlets, USB charging ports, and even complimentary wifi that is included with the cost of the ticket. Unlike public transit, the Brightline seats are made out of leather with wide aisles and offer food service to their customers.
Even with all of the different amenities that Brightline offers, the most important aspect is how much time and frustration is being saved by their customers. With the planned expansion to Florida, the trip is expected to take less than two hours.