Fortress Investment Group LLC (Fortress) is an investment management firm. The Company operates through segments, including private equity funds, permanent capital vehicles, credit hedge funds, credit PE funds, liquid hedge funds and Logan Circle. Its business is to sponsor the formation of, and provide investment management services for, various investment funds, permanent capital vehicles and related managed accounts (the Fortress Funds). Fortress's sources of income from the Fortress Funds are management fees, incentive income and investment income on its investments in the funds. As of December 31, 2016, the Company's private equity business manages approximately $13.5 billion of assets under management (AUM); credit funds business manages approximately $18.1 billion of AUM; liquid hedge funds business manages over $4.6 billion of AUM, and Logan Circle business manages approximately $33.4 billion of AUM.

Finance

Fortress Investment Group

Co-CEOs

Mr. McKnight is a Managing Partner of the Credit Funds Business based in San Francisco, CA.  Mr. McKnight heads the liquid strategies and serves on the investment committee for the Credit Funds and is a member of the Management Committee of Fortress.  Mr. McKnight is also the Co-CIO of the Drawbridge Special Opportunities Fund, Fortress Lending Fund and Fortress Credit Opportunities Fund V.

Prior to joining Fortress in February 2005, Mr. McKnight was at [Fir Tree Partners](/org/fir-tree-partners) where he was responsible for analyzing and trading high yield and convertible bonds, bank debt, derivatives and equities for the value-based hedge fund.  Prior to Fir Tree, Mr. McKnight worked at Goldman, Sachs in Leveraged Finance and the Distressed Bank Debt trading group.

Mr. McKnight received a B.A. in Economics from the [University of Virginia](/org/university-of-virginia).

Andrew A. McKnight

Marc Furstein is the current President and COO of [Fortress Investment Group](/org/fortress-investment-group-llc). Prior to this, they served as the Chief Development Officer of United Pacific from April 2018 to June 2021. United Pacific is one of the largest independent owners, suppliers, and operators of gas stations and convenience stores in the Western United States. Marc Furstein was also previously Vice President of Land Management for Flagler where they managed the disposition of over $160 million in land assets and was an integral part of the re-entitlement process of thousands of acres throughout the State of Florida.

Some of their coworkers include Thomas W. Pulley - Chief Investment Officer, [Global Real Estate](/org/global-real-estate), Peter M. Smith - Managing Director, and A. Todd Ladda - Managing Director & Global Head of Credit. Marc K. Furstein reports to Wesley R. Edens, Co-Founder, Principal & Co-CEO.

Marc K. Furstein

Mr. Edens is Co-Chief Executive Officer of Fortress and has been a member of the board of directors of Fortress since November 2006. Mr. Edens has been a member of the Management Committee of Fortress since 1998. Mr. Edens is responsible for the Company’s private equity and publicly traded alternative investment businesses.

Prior to co-founding Fortress in 1998, Mr. Edens was a partner and managing director of BlackRock Financial Management Inc., where he headed BlackRock Asset Investors, a private equity fund. In addition, Mr. Edens was formerly a partner and managing director of Lehman Brothers.

Mr. Edens received a B.S. in Finance from [Oregon State University](/org/oregon-state-university).

Wesley R. Edens

Mr. Nardone is a principal and has been a member of the Board of Directors of Fortress Investment Group LLC since November 2006. Mr. Nardone has been a member of the Management Committee of Fortress since 1998. He served as interim Chief Executive Officer from December 2011 to July 2013 and was appointed Chief Executive Officer in August 2013.

Prior to co-founding Fortress in 1998, Mr. Nardone was a managing director of UBS from May 1997 to May 1998. Before joining UBS in 1997, Mr. Nardone was a principal of [BlackRock](/org/blackrock) Financial Management, Inc. Prior to joining [BlackRock](/org/blackrock), Mr. Nardone was a partner and a member of the executive committee at the law firm of Thacher Proffitt & Wood.

Mr. Nardone received a B.A. in English and Biology from the [University of Connecticut](/org/university-of-connecticut) and a J.D. from Boston University School of Law.

Ab

Randal A. Nardone

Mr. Briger is Co-Chief Executive Officer of Fortress and has been a member of the board of directors of Fortress since November 2006. Mr. Briger has been a member of the Management Committee of Fortress since 2002. Mr. Briger is responsible for the Credit and Real Estate business at Fortress.

Prior to joining Fortress in March 2002, Mr. Briger spent fifteen years at Goldman, Sachs & Co., where he became a partner in 1996.  Mr. Briger is a member of the [Council on Foreign Relations](/org/council-on-foreign-relations).  In addition, Mr. Briger serves on the board of several charitable organizations including the UCSF Foundation, Tipping Point and Caliber Schools.

Mr. Briger received a B.A. from [Princeton University](/org/princeton) and an M.B.A. from the Wharton School of Business at the [University of Pennsylvania](/org/university-of-pennsylvania).

Peter L. Briger

Joseph P. Adams is a managing director within the Private Equity business at Fortress Investment Group LLC and serves as Chairman of SeaCube Container Leasing Ltd. Mr. Adams is also a member of the Management Committee of Fortress.

Prior to joining Fortress in April 2004, Mr. Adams was a partner at Brera Capital Partners and at Donaldson, Lufkin & Jenrette where he was the head of the transportation industry group. In 2002, Mr. Adams served as the first Executive Director of the United States Air Transportation Stabilization Board.

Mr. Adams received a B.S. in Engineering from the [University of Cincinnati](/org/university-of-cincinnati) and an M.B.A. from [Harvard Business School](/org/harvard-business-school).

Joseph P. Adams

Jack Neumark is a Managing Director, serving on the investment committee for the Credit Funds.  Mr. Neumark also heads the Legal Assets Group of the Credit Funds Business at Fortress Investment Group LLC and is a member of the management committee of Fortress. 

Prior to joining Fortress, Mr. Neumark was a Senior Vice President at Plainfield Asset Management, a large distressed debt hedge fund based in Greenwich, CT where he was involved in distressed debt and special situations investments.  Mr. Neumark also previously practiced law at Wachtell, Lipton, Rosen & Katz in the restructuring and finance group, and at Simpson Thatcher & Bartlett LLP in the corporate group.  

Mr. Neumark received his B.A in European History from [Vanderbilt University](/org/vanderbilt-university) and his J.D. from UCLA School of Law.

Jack A. Neumark

Peter M. Smith is a managing director in the Private Equity business at Fortress Investment Group LLC and is also a member of the firm’s Management Committee.

Mr. Smith joined Fortress in May 1998, prior to which he worked at UBS and, before that, at BlackRock Financial Management Inc. from 1996 to 1998. Mr. Smith worked at CRIIMI MAE Inc. from 1991 to 1996.

Mr. Smith received a B.B.A. in Finance from [Radford University](/org/radford-university) and a M.B.A. in Finance from [George Washington University](/org/gwu).

Peter M. Smith

Kenneth is the tax director at Fortress Investment Group LLC and is also a member of the firm’s Management Committee.

Kenneth K. Gershenfeld

A. Todd Ladda is a managing director and Global Head of Credit for the Fortress Capital Formation Group, LLC, a member of [FINRA](/org/financial-industry-regulatory-authority-inc), where he is responsible for capital raising and investor relationship management for the Credit Funds at Fortress Investment Group LLC.  Mr. Ladda is also a member of the Management Committee at Fortress. 

Prior to joining Fortress in July 2006, Mr. Ladda was a managing director at Trust Company of the West ("TCW") where he was responsible for the United States hedge fund joint venture between TCW and its parent company, Societe Generale Asset Management. He previously served as managing director and head of sales, marketing and distribution for Oppenheimer and Company's Alternative Investment Group. Mr. Ladda was also on the group's risk management and due diligence committees. Mr. Ladda is also a member of the Managed Funds Association (MFA) Investor Relations and Business Development Forum Steering Committee and also a founder of the Capital Raising and IR Forum.

Mr. Ladda received a B.A. from [Princeton University](/org/princeton) in Political Science.

A. Todd Ladda

Leslee Cowen is a Managing director, serving on the investment committee for the Credit Funds and co-heads the Corporate Loan and Securities Group at Fortress Investment Group LLC. Ms. Cowen is also a member of the Management Committee of Fortress.

Prior to joining Fortress in June 2002, Ms. Cowen was at the Baupost Group, where she was involved in the acquisition of public and private distressed debt and equity securities, as well as non-performing loan portfolios. Prior to that, Ms. Cowen was an associate at the Argentum Group, a venture capital firm, where she was invested in several domestic roll-up transactions. Ms. Cowen began her career as an analyst at The Blackstone Group in the private equity and M&A groups.

Ms. Cowen received a B.S. degree from the Wharton School at the [University of Pennsylvania](/org/university-of-pennsylvania) with concentrations in finance, accounting and multinational management.

Leslee N. Cowen

Gordon E. Runté is a managing director at Fortress Investment Group LLC and head of public investor relations and corporate communications. Mr. Runté is a member of the firm’s Management Committee.

Prior to joining Fortress in June 2010, Mr. Runté served for seven years at [Fannie Mae](/org/fannie-mae), most recently as Managing Director of Communications, Investor Relations. Prior to his tenure at [Fannie Mae](/org/fannie-mae), Mr. Runté was Director of Corporate Communications at BlackRock, Inc. from January 2001 to June 2002, and prior to that, served as Director of Communications at PNC Financial Services, Inc. from June 1997 to January 2001, with responsibility for Executive, Shareholder and Strategic Communications.

Mr. Runté received an A.B. in English from [Duke University](/org/duke-university).

Gordon E. Runté

Dean Dakolias

Joshua A. Pack

Daniel is the Chief Financial Officer of Fortress Investment Group LLC, and is also a member of the firm’s Management Committee.

Daniel N. Bass

Thomas W. Pulley

Mr. Brooks received a B.S. in Economics from [Texas A&M University](/org/texas-a-m-university) and a J.D. from the University of Texas School of Law.

Fortress Investment Group

Org chart

Teams

Leadership Team

CEO and Executive Team

Managing Directors

Founding Team

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