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Fortress Investment Group
Fortress Investment Group LLC is a leading, highly diversified global investment management firm founded in 1998 and headquartered in New York.
Fortress Investment Group
Fortress Investment Group LLC is a leading, highly diversified global investment management firm founded in 1998 and headquartered in New York. The firm manages approximately $54 billion of assets under management as of March 31, 2026, on behalf of roughly 2,000 institutional clients and private investors worldwide across credit and real estate, private equity, and permanent capital strategies (per fortress.com). Its overriding objective is to protect and grow investors’ capital by applying deep experience and specialized expertise developed over more than 25 years and multiple market, economic, and credit cycles. Fortress operates with 900+ professionals in 13 offices globally and has invested over $200 billion historically. Core platforms include Corporate Credit, Asset-Based Finance, Real Estate, Private Equity, Insurance Solutions, and Multi-Manager. The firm emphasizes proprietary sourcing, rigorous underwriting, active asset management, and investment flexibility across public and private markets. It is privately held following the 2024 completion of the acquisition involving Fortress management and Mubadala Capital. Leadership comprises Managing Partners including Executive Chairman Pete Briger, Jr., and Co-CEOs Drew McKnight and Jack Neumark. Fortress also offers Private Wealth Solutions tailored for financial advisors and individuals (per official website and press releases).
General information
Firm type
Generalist
Year founded
1998
AUM
$54B (Mar 31, 2026)
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Pete Briger, Jr.
Executive Chairman of the Board of Directors & Managing Partner
Drew McKnight
Co-Chief Executive Officer, Board Member & Managing Partner
Jack Neumark
Co-Chief Executive Officer, Board Member & Managing Partner
Daniel Bass
Chief Financial Officer
Jason Meyer
Chief Operating Officer
David Brooks
General Counsel
Sector focus
Frequently asked questions
What is Fortress Investment Group’s current assets under management?
Fortress manages approximately $54 billion of assets under management as of March 31, 2026, including capital that the firm has the right to call pursuant to capital commitments (per official website). Press releases have also cited $55 billion as of December 31, 2025.
When was Fortress Investment Group founded and where is it headquartered?
The firm was founded in 1998 and is headquartered at 1345 Avenue of the Americas, 46th Floor, New York, NY 10105, United States (per official website and Form ADV brochure).
What are Fortress’s primary investment strategies?
Fortress focuses on corporate credit, asset-based finance, real estate, private equity, insurance solutions, and multi-manager strategies, delivering alternative investment solutions across liquid and private markets (per fortress.com/what-we-do).
Who are the current top leaders of Fortress Investment Group?
Pete Briger, Jr. serves as Executive Chairman and Managing Partner; Drew McKnight and Jack Neumark serve as Co-Chief Executive Officers, Board Members, and Managing Partners (per official team pages).
Is Fortress Investment Group a public company?
No. Fortress was previously public (NYSE: FIG) but was acquired by SoftBank in 2017 and subsequently became privately held following the 2024 transaction with Fortress management and Mubadala Capital (per firm announcements and Form ADV).
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