Fortress
Sponsor Overview
Fortress Investment Group is a NYC-based diversified alternative investment manager founded in 1998 by Wesley Edens, Rob Kauffman, and Randal Nardone. The firm manages $54B+ across credit, real estate, private equity, and permanent capital strategies on behalf of 2,000+ institutional and private clients. Fortress has been owned by SoftBank (2017-2023) and is now owned by Mubadala and other shareholders. DST status: Fortress has NO dedicated DST sponsor platform. The firm's real estate strategies are primarily institutional separate accounts, closed-end funds, and credit. 1031 exchange investors are not a direct client channel. Fortress has ZERO full-cycle DST exits because they don't sponsor DSTs.
Sponsor Notes
- Diversified credit, real estate, PE, and permanent capital
- NO DST sponsor platform — institutional channels only
- 2,000+ institutional and private investor clients
- ZERO full-cycle DST exits — sponsor not active in DST market
Sponsor Overview
Firm Name
Fortress
Headquarters
New York, NY
Year Founded
1998
Assets Under Management (AUM)
$54B
Preferred Sponsor
No
Performance
Full-Cycle DSTs
N/A
Average Annual Return
N/A
Average Equity Multiple
N/A
Average Hold Period
N/A
Success Rate
N/A
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