Richard Haass

Founded in 1998, Fortress Investment Group is a leading global alternative asset manager with approximately $58 billion in assets under management as of September 30, 2013. Fortress is headquartered in New York and has affiliates with offices in Atlanta, Chicago, Dallas, Frankfurt, Charlotte, London, Los Angeles, Munich, New Canaan, Philadelphia, Rome, San Francisco, Sydney, Tokyo and Toronto. Fortress's Private Equity Funds focus primarily on control-oriented investments in cash flowing, asset-based businesses in North America and Western Europe. The firm's investments have focused on capital intensive sectors in which it has specialized expertise: transportation, financials, senior living/healthcare, real estate, media & telecommunications, leisure and energy infrastructure. Fortress's Private Equity business was launched in 1998 by Wes Edens, Randy Nardone and Rob Kauffman. Since inception, Fortress has invested approximately $22 billion of equity capital in 18 private equity investment funds/vehicles on behalf of many of the largest pension funds, university endowments and foundations, and other institutional investors.