The past year of 2018 has been a year of innovation, adaptability and expansion for the Fortress Investment Group. They have been at the top of the game in the investment industry for the past 20 years and they have always been a company that was creating new platforms and has been setting an example for other investment companies. To make 2018 even bigger, Fortress Investment Group announced that they are undergoing an integration with one of the most famous and most established financial establishments in the industry – The SoftBank Group Corporation. The $3.3 billion dollar deal between the two financial giants is set to propel both of these companies even further. Even though Softbank has bought Fortress, they will still operate as an independent organization but it just operates under Fortress. The integration of SoftBank and Fortress will be focused into new developments and more innovations in the industry of real estate and private equity funds.
The interest and expertise of Fortress and their excellent operations in real estate and private equity funds has already started their integration into SoftBank’s group that is focused on supporting technological start ups and covering a broader economic infrastructure of the communication revolution. The Vision Fund of SoftBank has been heavily investing in real-estate related start up companies like Katerra. Vision Fund has also been investing on real estate brokers like OpenDoor and Compass. They are also expanding their investments to co-working spaces like WeWork.
Fortress will focus on creating innovations and developing new ways to make investments in areas other than real estate. Fortress will focus on this for their first year as part of the SoftBank Group. The behavior of the market and the changes in the regulatory conditions that banks have been facing, there has been a lot of opportunities and openings for private funds to provide a direct loaning pool for these companies and clients. Records show that Fortress Investment Group is building $2 billion dollars for their direct loaning fund. SoftBank has been extremely supportive of this because Fortress Investment Group and the team behind it, has always been trustworthy and the research that they find it upon is fool-proof.