Fortress Investment Group Recap
Fortress was established in New York as a private firm in the late 90s. It was started by Wesley R. Edens, a previous BlackRock partner. Rob Kauffman, overseeing chief; and Randal A. Nardone, likewise an overseeing director at UBS. The company immediately ventured into multifaceted investments, land-related speculations, and obligation protections. Pete Briger and Michael Novogratz ran the operation. They both were previous accomplices at...