Fortress Investment Group
Marc Furstein is the current President and COO of Fortress Investment Group. 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, 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.
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Fortress Investment Group
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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.