Fortress Investment Group is a global alternative asset manager with approximately $43.6 billion in assets under management. Founded in 1998 as a pure private equity firm, Fortress manages assets on behalf of over 1,750 institutional clients and private investors worldwide across a range of private equity, credit, liquid hedge funds and traditional asset management strategies. Fortress invests in undervalued, distressed and illiquid credit investments, an investor in commercial real estate assets, loans and special situations worldwide and provider of customized financing solutions. The Fortress Credit business invests globally in credit and assets and includes private equity style credit-focused funds, debt and hybrid hedge fund structures. The firm is based in New York, New York.