New York based firm Fortress Investment Group; LLC has announced the launch of a revolutionary new venture – Fortress Private Wealth Solutions. It results from two decades of Fortress experience providing institutional-grade investment services to some of the world’s leading investors. The new business provides Fortress Investment Group with greater access to alternative asset classes and private markets for an increasing number of individual investors.
Headed by Managing Directors Nils Wilson and Adam Bobker, Fortress Private Wealth Solutions is part of the Credit and Real Estate business units that collectively manage more than $45 billion across various investments. Wilson joined Fortress in 2005. Since then, he has worked as a Managing Director in the firm’s Capital Formation Group since 2010. Before this, he had considerable experience in alternative asset management, including a stint as CFO at KBBO Partners and Principal at JER Partners.
Bobker has over 20 years of experience in capital raising, real estate finance, asset management, private equity investing, and investment banking. Most notably, he spent eight years at Citigroup focused on global asset management in various capacities, including Head of Real Estate Asset Management for Europe, the Middle East & Africa (EMEA). As part of his roles there, he was instrumental in launching numerous alternative fund products across multiple asset classes, with over $4 billion raised.
Fortress Private Wealth Solutions aims to bridge the gap between traditional investments, such as bonds and stocks, and private market opportunities. The team will work closely with clients to ensure they have access to high-quality investments that meet their specific financial requirements and goals, whether it be hedge funds, private equity portfolios, or direct investments into operating businesses.
To ensure clients receive top-tier service, there will be an emphasis on client education to better understand alternative asset classes and their potential benefits, along with risk mitigation strategies to help protect against losses due to volatility or other factors. Additionally, professional portfolio construction models developed through quantitative analysis provide a framework for constructing portfolios tailored specifically around each client’s needs while also considering current market trends and expected returns given existing economic conditions worldwide.
Founded in 1998, Fortress Investment Group has been a leader in alternative asset management for over two decades in New York City, New York. Fortress Investment Group offers a comprehensive range of services, from private equity and credit investments to liquid hedge funds and traditional asset-management strategies, that cater to institutional clients and private investors around the globe.