New York · Seed–Late Stage · 53 people tracked
Also known as Fig Llc · FMAC MANAGEMENT LLC · Fortress Investment Group LLC · FPLF MANAGEMENT LLC
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Investment thesis
Fortress Investment Group is a highly diversified global investment manager serving roughly 2,000 institutional clients and private investors worldwide. It deploys capital across credit, real estate, private equity, and permanent capital strategies. Its 2026 Mid-Year Outlook emphasizes a cautious but selectively constructive posture, favoring cash flows, uncorrelated returns, and discipline on long-duration equity amid a higher-for-longer inflation and rate environment. The firm advocates positioning in quality and income, private credit over median buyout private equity, floating-rate and asset-based finance, real assets such as CPI-linked infrastructure and gold, and inflation-protected securities to compensate for expected inflation.
Source: firm website, verified Sep 29, 2026.
Team · 53 people
from the firm's website & curatedFounder mafia
The Fortress Investment Group mafia →15 people who came through Fortress Investment Group went on to found or lead other companies.
What they invest in
from 19 of 28 portfolio companiesEnterprise Software ×6Fintech ×6SaaS ×6AI & Machine Learning ×3Cleantech ×3Data & Infrastructure ×3Deep Tech ×3Hardware ×3
HQs:United States×18Canada×1United Kingdom×1
Investments · 28 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 42023 · 12022 · 12021 · 12018 · 12017 · 32016 · 22014 · 22013 · 118 dated
Norsk Titanium manufactures aerospace-grade titanium preforms using additive manufacturing (RPD® technology) for structural applications in aerospace and defense.
Advanced ManufacturingCleantechDeep TechDefense TechHardwareNew MaterialsHonefoss, US
Dr. Alf Bjørseth(Founder)Petter Gjørvad(Founder)Warren M. Boley, Jr.(Chief Executive Officer and Director of the Issuer)Bart van Aalst(Chief Financial Officer and Director of the Issuer)Chet Fuller(SVP & CCO of the Issuer)
BoardJohn Andersen, Jr.(Director)
Co-investorsRose Park Advisors
Arrow Global is a pan-European asset management firm specializing in credit and real estate investments across Europe.
FintechLondon, GB
Biproxi operates a platform and network connecting commercial real estate (CRE) sponsors and investors to access and deploy capital and match deal opportunities.
B2B MarketplacesFintechPropTechBurlingame, US
Gordon Smith(Executive Officer, Director, Promoter)inYan Khamish(Director, Promoter)
Co-investorsRpm Ventures Iii Management, L.L.C.Greycroft
CAIS Structured Investments is a platform that connects independent financial advisors with structured notes, CDs, SMAs, and hedging strategies offered by third-party bank issuers.
Enterprise SoftwareFintechSaaS
Matt Brown(Founder)in
Co-investorsMotive PartnersSenaHill PartnersSquare Peg CapitalAllianceBernsteinBlue Owl CapitalGolub Capital+1 more
Dataminr provides AI-powered real-time event detection by synthesizing text, images, video, audio, and sensor signals across public data sources.
AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareGovTechImpact & Social GoodNew York, US
Ted Bailey(Founder)inPeter Bailey(Executive Officer)inDaniel O'Connor(Executive Officer)Nella Domenici(Executive Officer)inJeffrey Kinsey(Executive Officer)inJason Edelboim(Executive Officer)in
Co-investors1802 VenturesAdit Ventures Management, LlcAllied Venture PartnersAlpha Square GroupAlumni VenturesBlue Ivy Ventures+27 more
Duos Energy, a subsidiary of Duos Technologies Group (Nasdaq: DUOT), builds, owns, and operates off-grid and fast-track power plants in the U.S. to supply on-site electricity for edge data centers with AI-ready loads and industrial clients in sectors such as manufacturing, oil and gas, and mining.
AI & Machine LearningCleantechEnergyJacksonville, US
Dynasty Financial Partners operates a concierge-driven advisor matching service that connects clients with independent registered investment advisors (RIAs) from its network.
Enterprise SoftwareFintechSaaS
Shirl Penney(Founder)in
Co-investorsABRY PartnersBlackRockJ.P. Morgan Asset Management
Empire Today sells flooring products—including carpet and hard-surface floors—and provides in-home installation for residential customers, offering a tool to preview how new floors would look in a room.
Construction TechConsumerPropTechRetail Tech
Co-investorsH.I.G. Capital
GridPoint develops building energy management and optimization technology for commercial buildings, aimed at reducing energy consumption, decarbonizing facilities, and supporting grid modernization.
CleantechClimate TechEnergyIoTSaaSArlington, US
Peter Corsell(Founder & Chairman (former CEO))Derek Booth(Chief Executive Officer)inKrupa Amlani(Fractional Chief Financial Officer)Tom Nelson(General Counsel & Senior Vice President)inMark Danzenbaker(Former CEO (2016-2025))inKate Gardella(SVP of Enterprise Growth & Success)
Co-investorsI Squared CapitalKensington Capital Partners LimitedMarunouchi Innovation PartnersNew Enterprise Associates (NEA)Samos InvestmentsGoldman Sachs+1 more
Litify is a legal operations platform that helps law firms and legal departments manage cases, documents, time tracking, and billing from intake to resolution.
Enterprise SoftwareLegalTechSaaSBrooklyn, US
John Morgan(Founder)inRyan Hallman(Co-Founder and Chief Executive Officer)Reuven Moskowitz(Founder)inBrian Kempner(Chief Operating Officer)inSteven Mandel(Chief Product Officer)inTerry Dohrmann(Chief Revenue Officer)
Co-investorsBessemer Venture PartnersTiger Global Management
Ludia is a Montreal-based mobile game studio that designs, develops and publishes cross-platform games based on original and licensed brands such as Jurassic World: Alive, Dragons: Rise of Berk, and Teenage Mutant Ninja Turtles: Legends.
ConsumerGamingMontreal, CA
Co-investorsWhite Star Capital
Nanosys develops Quantum Dot technology and materials, providing samples, R&D collaboration, and scaled production for partners building display and other advanced-material products.
Advanced ManufacturingDeep TechHardwareNew MaterialsSemiconductorsMilpitas, US
Jason Hartlove(Executive Officer, Director)inJian Chen(Executive Officer)inRussell Kempt(Executive Officer)inNoland Granberry(Executive Officer)inDr. Martin Devenney(Co Chief Executive Officer and Assistant Secretary)Dr. Hirokazu Sasaki(President & CEO and Treasurer, Shoei Electronic Materials, Inc. • Operating Officer & Division Manager QD Business Dept., Shoei Chemical, Inc.)
Co-investorsArcher Capital GroupArcher Venture CapitalProspect Venture PartnersStructural CapitalTEL Venture Capital, Inc.Venrock+4 more
Pivotal Commware builds a millimeter wave (mmWave) 5G ecosystem based on its Holographic Beam Forming technology, including smart repeaters and network planning tools.
Deep TechHardwareIoTBellevue, US
BRIAN DEUTSCH(Executive Officer, Director, Promoter)inKEN NIELSEN(Executive Officer)CHRIS BRANDON(Executive Officer, Director, Promoter)
BoardPETER DETKIN(Director)KYLE PICKENS(Director)
Co-investorsLux CapitalIntellectual VenturesLockheed Martin Ventures
Ripple is a US company that runs a discovery platform for local news and other geographically relevant content.
Media & Entertainment
Andrew DudleyRazmig Hovaghimian
Co-investors500 GlobalAmber GroupArkStream CapitalCatcherVCFrontier Venture CapitalMH Ventures+2 more
Ripple builds blockchain-based financial infrastructure to enable cross-border value transfer and payment solutions for enterprises, governments, and financial institutions.
Crypto & Web3Enterprise SoftwareFintechSan Francisco, US
Ryan Fugger(Founder)Christian Larsen(Executive Officer, Director, Promoter)David Schwartz(Founder)inBradley Garlinghouse(Executive Officer)Arthur Britto(Founder)Brad Garlinghous(Founder)
Co-investors500 GlobalAbstract VenturesAurum Venture PartnersAvant Global LLCCamp One VenturesCastle Island Ventures+22 more
SafeGraph builds and maintains a global dataset of information about physical places, updated monthly, for application developers and analytics teams.
Data & InfrastructureEnterprise SoftwareRetail TechSaaSDenver, US
Auren Hoffman(Founder)inBrent Perez(Founder)inJason Richmanin
BoardCharles Songhurst(Director)Alexander Rosen(Director)in
Co-investorsAkkadian VenturesClocktower VenturesCorazon CapitalDnx VenturesFJ LabsFlex Capital Partners+8 more
BiotechPalo Alto, US
Elizabeth Anne Holmes(Executive Officer, Director)
BoardWilliam Foege(Director)Daniel Warmenhoven(Director)Fabrizio Bonanni(Director)
Co-investorsDraper Associates
Windfall is a people intelligence and AI company that provides access to people data along with propensity modeling and machine learning to help go-to-market teams prioritize resources and engage the right prospects.
AI & Machine LearningData & InfrastructureSaaSSales Tech
Arup Banerjee(Founder)inDaniel Stevens(Founder)in
Co-investorsBullpen CapitalBonfire VenturesCalifornia Innovation FundGreat Oaks Venture CapitalValuestream VenturesKohala Ventures
Xapo provides banking and wealth management services for Bitcoin holders, offering savings accounts with interest returns, lending against Bitcoin collateral, and custody solutions.
Crypto & Web3CybersecurityFintechGibraltar, US
Wenceslao 'Wences' Casares(Co-founder; current Chairman; former Chief Executive Officer)Federico Murrone(Founder)Wences Casares(Founder)Cynthia McAdam(Executive Officer)Seamus Rocca(Chief Executive Officer)inJoey Garcia(General Counsel / Top Lawyer)in
Co-investorsBitfuryDigital Currency GroupEmergence Capital PartnersGreylock PartnersJerry YangPantera Capital+3 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ArcisCPP InvestmentsCurzonDstvisionInventergyInventergy GlobalSecureaccountviewSeiinvestorportalWauwaa
Portfolio news
latest coverage across their companiesCAIS · finsmes.com · Jul 30, 2026
Ripple Labs · finance.yahoo.com · Jul 14, 2026
Windfall Data · finsmes.com · May 5, 2025
Fund performance · per public LP disclosures · 25
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Fortress Lending Fund IIILPs: District of Columbia Retirement Board, Kern County Employees' Retirement Association, South Carolina Retirement System Investment Commission | 2022 | — | 11.4% | 1.25x | 0.42x |
| Fortress Lending Fund III-IV MA-CRPTF LPLPs: Connecticut Retirement Plans and Trust Funds | 2022 | — | 16.0% | 1.20x | 0.20x |
| Fortress Lending Fund IILPs: Kern County Employees' Retirement Association, South Carolina Retirement System Investment Commission, Ralph C. Wilson Jr. Foundation | 2021 | — | 8.7% | 1.28x | 0.89x |
| Fortress Lending Fund IlLPs: Kern County Employees' Retirement Association | 2021 | — | 10.7% | 1.06x | 0.10x |
| Delegated Investments Fortress COF VLPs: South Carolina Retirement System Investment Commission | 2020 | — | 1.8% | — | — |
| Fortress COF VLPs: South Carolina Retirement System Investment Commission | 2020 | — | 9.1% | — | — |
| Fortress Credit Opportunites Fund V ExpansLPs: Kern County Employees' Retirement Association | 2020 | — | — | 1.13x | 0.04x |
| Fortress Credit Opportunites Fund V ExpansioLPs: Kern County Employees' Retirement Association | 2020 | — | 25.3% | 1.16x | 0.04x |
| Fortress Credit Opportunites Fund V ExpansionLPs: Kern County Employees' Retirement Association | 2020 | — | 14.4% | 1.18x | 0.18x |
| Fortress Credit OpportunitiesLPs: Kern County Employees' Retirement Association | 2020 | — | — | 1.07x | 0.04x |
| Fortress Credit Opportunities Fund V Expansion MA-CRPTF LPLPs: Connecticut Retirement Plans and Trust Funds | 2020 | — | 8.9% | 1.10x | 0.30x |
| Fortress Credit Opportunities V ExpansionLPs: Los Angeles City Employees' Retirement System | 2020 | — | 10.7% | 1.20x | 0.34x |
| Fortress Lending Fund II MA-CRPTF LPLPs: Connecticut Retirement Plans and Trust Funds | 2020 | — | 8.9% | 1.20x | 0.70x |
| Fortress Credit Opportunities Fund III (A)LPs: North Carolina Retirement Systems | 2012 | — | 9.9% | 1.48x | 1.38x |
| Fortress Japan Opportunity Fund II, L.P.LPs: San Bernardino County Employees Retirement Association | 2012 | — | 24.4% | — | 0.18x |
| Fortress Transportation Infrastructure, LLCLPs: Michigan Municipal Employees' Retirement System, San Bernardino County Employees Retirement Association | 2012 | — | -2.0% | 0.92x | 0.92x |
| Fortress Credit Opportunities Fund II(A)LPs: California State Teachers' Retirement System | 2010 | — | 14.6% | 2.15x | 2.06x |
| Fortress Investment Fund III PIKLPs: The Regents of the University of California | 2009 | — | 1.5% | 5.00x | 1.53x |
| Fortress Investment Fund V, L.P.LPs: Washington State Investment Board, Pennsylvania Public School Employees' Retirement System, The Regents of the University of California +2 more | 2007 | — | 4.1% | 1.50x | 1.08x |
| Fortress Investment Fund V, L.P. - Co-InvestmentLPs: Washington State Investment Board | 2007 | — | -7.4% | 0.40x | 0.32x |
| Fortress Investment Fund IV, L.P.LPs: Washington State Investment Board, Pennsylvania Public School Employees' Retirement System, The Regents of the University of California +1 more | 2006 | — | -1.9% | 0.90x | 0.83x |
| Fortress Investment Fund IV, L.P. - Co-InvestmentLPs: Washington State Investment Board | 2006 | — | -3.9% | 0.70x | 0.72x |
| Fortress Investment Fund III, L.P.LPs: Washington State Investment Board, The Regents of the University of California, Robert Wood Johnson Foundation | 2004 | — | 1.2% | 1.10x | 1.07x |
| Fortress Investment Fund II, LLCLPs: Washington State Investment Board | 2002 | — | 36.0% | 1.50x | 1.46x |
| Fortress Investment Fund, L.P.LPs: Washington State Investment Board | 2000 | — | 25.7% | 2.30x | 2.34x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Fortress Investment Group made?
- Fortress Investment Group has 28 tracked investments, 1 of which have exited, including 6 dated in the last 24 months.
- What stage does Fortress Investment Group invest at?
- Fortress Investment Group invests at the Seed, Series A, Growth, Late Stage stages.
- What is Fortress Investment Group's typical check size?
- Fortress Investment Group typically writes checks of $10M – $150M.
- What sectors does Fortress Investment Group focus on?
- Fortress Investment Group focuses on Fintech, PropTech, Sector Agnostic.
- Where is Fortress Investment Group located?
- Fortress Investment Group is headquartered in New York, US.
- Does Fortress Investment Group lead rounds?
- Fortress Investment Group typically participates in rounds rather than leading them.
- Who does Fortress Investment Group co-invest with?
- Fortress Investment Group most often shares deals with Digital Currency Group, Emergence Capital Partners, Greylock Partners, among 9 tracked co-investors.
Images
Co-investors · 24
Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.
FJ Labs is an early-stage investment firm specializing in marketplaces and network-effect businesses, taking an angel-style co-investment approach alongside institutional venture funds worldwide.
Sapphire Ventures partners with expansion-stage enterprise software companies, aiming to help them become category leaders. Its Platform team of operators supports portfolio companies with customer introductions, go-to-market talent, and growth advisory.
SignalFire is a seed-stage venture capital firm that combines a full-team support model with its data-driven Beacon AI platform to back founders.
Bonfire Ventures is a seed-stage venture capital firm that backs founders reinventing how business operates, leading seed rounds in AI-native B2B software.
Ridge Ventures is a focused venture capital fund that backs experienced founders building revenue-first enterprise software companies at the late seed and early Series A stages.
Vast Ventures is a venture fund that invests in disruptive companies aiming for global impact.
Clocktower Ventures is the venture arm of Clocktower Group, backing technology companies transforming financial services across consumer and enterprise fintech.
Kohala Ventures is a seed focused venture firm focused on accelerating transformative ideas that will help shape our future
Founders Fund is a venture capital firm that backs technology companies building transformative products.
Unknown Ventures is a venture studio based in Austin that provides funding and operational support to early-stage startups at the pre-seed to Series A stage. The firm backs founders seeking to create innovative solutions that improve human experience.
▶12 more co-investors
CRV (Charles River Ventures)AtomicoNext47Nexus Venture PartnersWGI GroupArray Ventures Management Llc8-Bit CapitalNFXThe Finger Groupsuper{set}iHeartMediaApollo Asset Management
Firms observed investing alongside Fortress Investment Group, from public investor directories. Shared companies are the overlap with Fortress Investment Group's recorded portfolio.
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