About Us
Our Clients
We represent managers raising funds with targets of $250 million or above, for non-liquid alternative asset investment strategies including buyouts, venture capital, mezzanine and distressed debt, real estate, and special situations. Ideally, the new fund represents a sponsor's second or later investment pool, although teams spinning out from established groups will also be considered. Generally, prior funds have been mostly invested, distributions have been significant, and realized IRRs and MOICs are top quartile for the asset class and vintage years. Fortress Group looks for fund managers who will make meaningful personal investments in their new fund, and it is critical that the deal team that created the sponsor's track record remains intact.
Investor Relationships
We have developed strong investor relationships over many years and are in constant communication with alternative asset investors around the world and the consultants who advise them, including the largest corporate and public pension funds, endowments and foundations, fund-of-funds managers, insurance companies, banks, family offices and ultra HNW individuals. We have particularly strong investor relationships in the U.S., Canada, Europe, and Australia, as well as contacts in the Middle East and Far East.
Services Offered
We offer a comprehensive array of services and are committed to all aspects of the fundraising process, including: business development; due diligence; structuring terms; preparing marketing and due diligence materials; developing and implementing a customized marketing program; and handling ongoing investor relations. We consider each assignment unique and tailor our marketing approach to capitalize on the strengths of the fund given prevailing market conditions.
Focused Approach
Limiting the number of concurrent assignments enables us to devote senior-level attention to each client in every step of the fundraising process and sustain capital raising momentum in the marketplace. Our senior professionals are directly involved in all aspects of each fundraising assignment - from initial due diligence, to project management, distribution, and the final closing. Our process is highly organized to reduce the fund manager's fundraising burden and allow the GP to devote more time to managing its businesses for the benefit of the limited partners.
Flexibility
We are flexible in our ability to provide all or part of our services in each assignment and can be involved with a fund from the inception stages or commence our work after first closing has taken place. In certain cases we have worked alongside a fund's internal marketing professionals to “top off” a fundraise or target a specific universe of potential investors.
Investor Relations Services
We extend our marketing and relationship services beyond the completion of the fundraise by keeping current and potential limited partners updated on significant milestones relating to our general partner clients.
Emphasis on Long-Term Relationships
Fortress believes in complete involvement with our clients and places particular emphasis on long-term relationships. Prior to entering a relationship with a client we conduct extensive due diligence on the organization and background of the firm and its principals, looking beyond the track record and current fund strategy. Because a successful fundraiser depends on a close working relationship between the general partner and placement agent, the ability of both parties to work together on consecutive fund raises dramatically increases the odds of success.
