Type: Public
On the web: http://www.fortressinv.com
Employees: 900
Employee growth: 9.9%

Who gives a fig about finance? Fortress Investment Group (trading symbol FIG) does. The global alternative investment firm manages private equity and hedge funds for institutional investors, wealthy individuals, and on its own behalf. Its private equity arm buys long-term, controlling stakes in undervalued companies; it also manages real estate investors Newcastle Investment and Eurocastle Investment. The hedge fund arm invests in liquid and hybrid hedge funds. Fortress also offers a more traditional investment line. The group earns management fees, incentive revenues based on fund performance, and investment income on its own capital investments. The firm has more than $40 billion in assets under management.

Key numbers for fiscal year ending December, 2010:
Sales: $950.2M
One year growth: 62.7%
Net income: ($781.7)M

Officers:
Co-Chairman: Wesley R. (Wes) Edens
Co-Chairman: Peter L. Briger Jr.
CEO and Director: Daniel H. (Dan) Mudd

Competitors:
Bessemer Group
Blackstone Group
Investcorp

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