Softbank Mulls Sale of Fortress Investment Group

Fortress Investment Group, an asset management firm in New York, has been the subject of news reports that it may be sold to Softbank. The company was founded by Wesley Edens, Rob Kauffman, and Randal Nardone in 1998. According to Bloomberg data, Fortress Investment Group is currently worth $43 billion with subsidiaries including WesEd Capital Management LLC and Springleaf Financial […]