Fortress Investment Group (FIG) uses an open-end asset fund to provide its clients access to private credit. Private credit can be negotiated by parties involved and can be issued in the form of bonds and loans. FIG would facilitate an open-end fund. An open-end fund is a mutual fund to provide as many shares without restrictions. An open-end fund can be helpful to investors and allow a large variety of investors a low barrier of entry for investments. The fund is valued by net asset value (NAV). The NAV of a fund is calculated after daily trading and is influenced by the assets held within the fund. Find out more about of Fortress Investment Group at therealdeal.com
Fortress Investment Group understands the operation cost of an open-end fund is low. The low operation fee helps the fund function smoothly. The open-end fund does not have good liquidity compared to other investments. The poor liquidity of the fund is due in part to the open-fund is not traded on an exchange. Investors do not have to use a significant amount of money to make an investment in an open-end fund. Many investment firms like Fortress Investment Group are offering an open-end fund to show confidence. Fortress Investment Group also opening its’ primary fund to new investors.
Fortress Investment Group is an asset management firm that controls $40 billion in assets. The company was acquired by a company called SoftBank Group (SBG) for over $3 billion in 2017. FIG’s business model is one of the reasons SBG chose to acquire the company. The acquisition still allowed them to function under the leadership of Pete Briger, Wes Edens, and Randy Nardone. The leaders must be able to work with projects that allows them to make decisions without any influence by a company such as SBG. FIG also gained access to markets led by SBG. Related: https://gazetteday.com/2019/01/fortress-investment-group-2018/