Daily Stock Analysis, FIG, Fortress Investment Group LLC, priceseries

Fortress Investment Group LLC. Daily Stock Analysis
Stock Information
Open
7.85
Close
7.85
High
7.85
Low
7.85
Previous Close
7.85
Daily Price Gain
0.00
YTD High
37.00
YTD High Date
Feb 9, 2007
YTD Low
0.77
YTD Low Date
Dec 26, 2008
YTD Price Change
-23.15
YTD Gain
-74.68%
52 Week High
7.91
52 Week High Date
Nov 17, 2017
52 Week Low
7.79
52 Week Low Date
Dec 7, 2017
52 Week Price Change
-0.04
52 Week Gain
-0.51%
Recent priceSeries Trade Signals

These are sample algorithmic trades based on actual market data.

Trade Type
Entry Date
Entry Price
Exit Date
Exit Price
Trade Hold Time
Gain
Trade Record
LONG
Jan 27. 2017
5.21
Mar 21. 2017
7.95
36 Trading Days
52.62%
Link
Company Information
Stock Symbol
FIG
Exchange
NYSE
Company URL
http://www.fortress.com
Company Phone
212-798-6100
CEO
Randal Alan Nardone
Headquarters
New York
Business Address
1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK, NY 10105
Sector
Equity
Industry Category
Financial Services
Industry Group
Asset Management
CIK
0001380393
About

Fortress Investment Group LLC is a diversified global investment management company that provides investment management services for investment funds and companies, including related managed accounts. It operates business through following segments: Private Equity Funds, Liquid Hedge Funds, Credit Funds, Credit Private Equity Funds and Logan Circle. The Private Equity Funds segment primarily makes significant, control-oriented investments in debt and equity securities of public or privately held entities in North America and Western Europe, with a focus on acquiring and building asset-based businesses with significant cash flows. The Liquid Hedge Funds segment invests globally in fixed income, currency, equity and commodity markets and related derivatives to capitalize on imbalances in the financial markets. The Credit Funds segment makes diversified investments in assets, opportunistic lending situations and securities, on a global basis and throughout the capital structure with a value orientation. The Credit Private Equity Funds segment focuses on investing in distressed and undervalued assets. The Logan Circle segment manages portfolios for institutional investors across a comprehensive range of strategies that include core, core plus, short, intermediate and long duration, corporate and high yield. Fortress Investment Group was founded by Wesley Robert Edens, Robert I. Kauffman and Randy Alan Nardone in 1998 and is headquartered in New York, NY.

Description

Fortress Investment Group LLC is a publicly owned investment manager. The firm provides its services to pooled investment vehicles, pension and profit sharing plans, corporations, institutional managed accounts and structured products, banking or thrift institutions, investment companies, charitable organizations, and state or municipal government entities. It launches and manages hedge funds, balanced mutual funds, real estate funds, and private equity funds. It also invests in private equity specializing in control-oriented investments in cash flow generating, asset based businesses and also acquire assets or make debt investments. For private equity, it prefers to invest in financial services (particularly loan servicing and consumer finance, transportation & energy/infrastructure, gaming, real estate, leisure, media and telecommunications and senior living. It considers investments in North America and Western Europe for private equity. In distressed situations, the firm will seek to secure corporate ownership or control by working with a company's board of directors or creditor's committee. The firm invests in the public equity, the private equity, and alternative investment markets across the globe. It invests in distressed and undervalued assets and tangible and intangible assets such as real estate, capital assets, natural resources, and intellectual property. The firm's alternative investments include investment in currency, commodity, real estate markets, and distressed real estate loan acquisitions. It employs value strategy to make its investments. The firm employs a fundamental analysis with bottom-up approach to create its investment portfolio. Fortress Investment Group LLC was founded in 1998 and is based in New York, New York with additional offices in United States, Europe, Asia, and Australia.