/Investor DB

Fortress Investment Group

Private equityoperating company · company profile

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.

Invests inFintechPropTechSector AgnosticEuropeGlobalNew York

Source: firm website, verified Oct 13, 2026.

Stage
Seed–Late Stage
Check
$10M – $150M
HQ
New York, NY, US
Leads rounds
Follows
Instruments
Debt · Equity
Founded
1998
Last 12 months
4 investments
AUM
$87.3B
Tracked investments
28
Unicorns
2
Acquisitions
1

Team · 53 people

from the firm's website & curated
Drew McKnight· Co-Chief Executive Officer & Managing Partnerin

Drew McKnight is Co-Chief Executive Officer and a Managing Partner at Fortress Investment Group, which he joined in February 2005, and serves on the firm's Board of Directors and Leadership Committee. Before Fortress, he traded high yield and convertible bonds, bank debt, derivatives, and equities at Fir Tree Partners, and earlier worked at Goldman, Sachs & Co. in Leveraged Finance and distressed bank debt trading. He holds a B.A. in Economics from the University of Virginia.

Jack Neumark· Co-Chief Executive Officer, Board Member & Managing Partnerin

Jack Neumark is Co-CEO, Managing Partner, and Co-Head of Asset-Based Finance at Fortress, where he serves on the Board of Directors and Leadership Committee. He joined the firm in 2010, started its Legal Assets business in 2013, and launched its Insurance Solutions business in 2021. Before Fortress, he was a Senior Vice President at Plainfield Asset Management and practiced law at Wachtell, Lipton, Rosen & Katz and Simpson Thacher & Bartlett LLP; he holds a B.A. from Vanderbilt University and a J.D. from UCLA School of Law.

Pete Briger, Jr.· Executive Chairman of the Board of Directors & Managing Partnerin𝕏

Briger is Executive Chairman of Fortress's Board of Directors and is quoted describing the firm's founding principles of patience, discipline, and investor focus.

Francesco Colasanti· Head of Europe and Co-Head of European NPLsin

Leads Fortress Investment Group's European operations and co-heads its European non-performing loans activity, commenting on the firm's decades of NPL investing and servicing experience.

Marc Furstein· Vice Chairman

Marc Furstein is Vice Chairman at Fortress Investment Group, based in Dallas, where he serves on the Leadership Committee and several investment committees. Before joining Fortress in July 2001, he co-founded and was Chief Operating Officer of specialty finance company American Commercial Capital and broker dealer Coronado Advisors, both sold to Wells Fargo in 2001, and earlier co-managed Goldman Sachs's opportunistic real estate loan business. He holds a B.A. from Columbia University and an M.B.A. from the Wharton School at the University of Pennsylvania.

Gunjan· Managing Director and Partner

Gunjan is a Managing Director and Partner at Fortress Investment Group. Gunjan works in special situations investing, with experience across the capital structure and multiple market cycles.

Hassen Arfaoui· Managing Directorin

Hassen Arfaoui is a principal at 216 Capital specializing in early-stage investing within African startup ecosystems. He has deployed capital across fintech, logistics, SaaS B2B, healthtech, and edtech from pre-seed to Series A, combining institutional-grade fund management with high-growth African startup opportunities.

Aaron Blanchette· Global Co-Head of Corporate Credit

Aaron Blanchette is Global Co-Head of Corporate Credit at Fortress, based in Dallas, and serves on the firm's Leadership Committee and several investment committees. He joined Fortress in 2005 as an investment analyst in the Corporate Loan and Corporate Securities groups and has spent about 18 years underwriting and originating middle market loans. He previously worked as a Portfolio Analyst at Highland Capital Management covering technology, healthcare, and financial services, and as a Director in Ernst & Young's restructuring advisory services group. He holds a B.B.A. and an M.B.A. from Baylor University.

Ahsan Aijaz· Global Head of Net Lease

Ahsan Aijaz is Global Head of Net Lease at Fortress, which he joined in 2011, working primarily on net lease transactions along with lending and private equity deals across the US and Europe. He previously worked in the structured real estate group at a Los Angeles private equity firm and earlier as an investment banker at Butler, Wick & Co. and McDonald & Co. He holds a B.S. in Finance from The Ohio State University.

Akio Yamashita· Co-Head of Asia, Co-Head of Japan Real Estate
Alex Gillette· Managing Director and Global Co-Head of Corporate Strategyin

Alex Gillette is a Managing Director and Global Co-Head of Corporate Strategy at Fortress, where he works on business and product development and on expanding the firm's capital solutions for investors and institutions. He joined Fortress in 2008 in the legal department and served as Deputy General Counsel from 2014 to 2023, handling the formation and structuring of the firm's investment funds. Before Fortress, he spent six years at Cleary Gottlieb Steen & Hamilton LLP working on M&A, private equity, and venture capital transactions, and he holds a B.A. from the University of Virginia and a J.D. from the University of Chicago Law School.

Andrew Walsh· Chief Compliance Officerin

Andrew Walsh serves as Chief Compliance Officer at Fortress Investment Group, where he oversees the firmwide global compliance program. He joined Fortress in 2010 and has held several senior compliance roles, with more than 25 years of experience in securities regulation and compliance. Earlier in his career, he worked as a Senior Securities Compliance Examiner for the U.S. Securities and Exchange Commission in New York, and he holds a B.B.A. in Finance from Pace University.

Andy Frank· Managing Director and Global Head of Originationin

Andy Frank is a Managing Director and Global Head of Origination who sits on multiple investment committees and invests across the capital structure in both public and private markets. He joined Fortress in 2016 after serving as a Managing Director at Cerberus, and previously held roles in investment banking, including Managing Director and Head of Syndication at Stifel Nicolaus and earlier positions at Merrill Lynch and Deloitte & Touche. He holds a degree from the Freeman School of Business at Tulane University.

Assunta Gaglione-Austin· Chief Information and Technology Officer

Gaglione-Austin is a Managing Director and Chief Information and Technology Officer at Fortress, where she oversees global IT infrastructure, information security, business continuity, and the firm's AI and automation and cybersecurity efforts. She joined Fortress in 2021 after serving as Co-CTO at KKR, and previously worked at Credit Suisse Prime Brokerage, Nyfix/Renaissance Trading Technologies, Robertson Stephens, JPMorgan, and Chase Manhattan Private Bank. She holds a B.S.F.S. from Georgetown University and an M.B.A. from NYU's Stern School of Business.

Bob Warden· Global Co-Head of Private Equity
Brian Stewart· Global Co-Head of Corporate Credit
Charles Spetka· Head of Middle Eastin
Christopher Linkas· Co-Head of European NPLin

Christopher Linkas is a Managing Director at Fortress Investment Group, where he serves as Co-Head of European Non-Performing Loan Strategy. Based in Madrid, he oversees the acquisition of non-performing and sub-performing loan pools and single tickets across the Euro-UK region, with investments spanning commercial real estate, shipping, renewables, leases, asset-backed holdings, servicer and platform investments, corporate and SME lending, and securities. He previously worked for Fortress in London from 2013 to 2022 and in New York from 2003 to 2013, focusing on opportunistic debt and equity investments.

Cyril Courbage· Managing Director, Head of Real Estate Equity, Europein

Cyril Courbage is a Managing Director and Head of Real Estate Equity, Europe at Fortress Investment Group, which he joined in 2012. He previously spent 10 years at Deutsche Bank in London as European head of the Commercial Real Estate group, covering financing and special situation principal investments, and six years at Merrill Lynch in distressed debt and real estate principal investment. He holds an MBA from Dartmouth's Tuck School of Business and a BA in International Economics from The American University of Paris.

Daniel Bass· Chief Financial Officerin

Daniel Bass is Chief Financial Officer at Fortress Investment Group and serves on Corporate Management and other operating committees. He joined Fortress in November 2003 after eleven years at Deutsche Bank, where his roles included managing director of DB Capital Partners and Global Business Area Controller of the Corporate Investments Division, and earlier worked in the International Tax Practice at Coopers & Lybrand. He holds a B.S. and a Masters in Accounting from Florida State University.

Dominick Ruggiero· Global Co-Head of Asset-Based Finance
Eli Edwards· Managing Director, Head of Real Estate Equity, USin

Eli Edwards is a Managing Director and Head of Real Estate Equity, US at Fortress, which he joined in 2011, where he works on opportunistic equity and distressed debt acquisitions across property types and US geographies. He previously worked in real estate investment banking at Barclays and handled defaulted CMBS loans at Bank of America. He holds a B.S. in Economics from Duke University.

Elizabeth Burton· Chief Strategist

Chief Strategist at Fortress Investment Group, appointed in 2026. She previously worked at Goldman Sachs Asset Management as a Client Investment Strategist (joining as a managing director in 2022), was CIO at the Employees' Retirement System of the State of Hawaii, and a managing director in the Quantitative Strategies Group at the Maryland State Retirement Agency.

Eran Zur· Global Head of Intellectual Property
Erez Levy· Co-CIO of Intellectual Propertyin
Eric Golden· Managing Director, Co-Head of Asia and Co-Head of Japan Real Estate

Eric Golden is a Managing Director at Fortress and Co-Head of Asia and Co-Head of Japan Real Estate. Before joining Fortress in 2008, he worked in the private equity division of Credit Suisse Japan and previously at DLJ Real Estate Capital Partners (RECP), which he joined in 1999 and where he was a founding member of the Japan team from 2001 and helped develop the China business in 2003. He holds a B.A. in Mathematical Economics from Brown University.

Greg Shoemaker· Global Co-Head of Private Equityin

Greg Shoemaker is a Managing Director at Fortress Investment Group, where he serves as Global Co-Head of Private Equity and works as a partner within the firm's credit funds business, participating in the origination, execution, and asset management of corporate debt, commercial real estate, and equity investments across industries. He also serves on the boards of several portfolio companies. Before joining Fortress, he co-led the structured products group at Coast Asset Management, where his responsibilities included managing and trading collateralized loan obligations and credit derivatives.

Jason Meyer· Chief Operating Officerin

Jason Meyer is Chief Operating Officer at Fortress Investment Group, which he joined in 2007, and serves on the firm's Leadership Committee and several investment committees. He was previously a partner at Hampshire Equity Partners, worked at BT Capital Partners (the private equity arm of Bankers Trust Company), and began his career as a financial analyst in investment banking at Alex. Brown & Sons. He holds a B.S. from Boston College and an M.B.A. from Columbia Business School.

Jeff Runnfeldt· Chief Investment Officer, Multi-Manager Groupin

Jeff Runnfeldt is Chief Investment Officer of Fortress Multi-Manager at Fortress Investment Group. He previously served as a Senior Advisor at Balyasny Asset Management, joining in July 2018, and was Global Head of Equities at Citadel, where he worked from 2002 to 2012 and managed a financials team and portfolio; he began his career as a Bank Examiner at the Federal Reserve Bank of San Francisco. Runnfeldt holds a Bachelor of Science in finance from California State University, Bakersfield, and a Master of Science in finance from San Francisco State University.

Joseph Dunn· Managing Director and Global Co-Head of Legal Assetsin

Joseph Dunn is a Managing Director and Global Co-Head of Legal Assets at Fortress, where he also serves as Co-Chief Investment Officer of the Fortress Legal Assets business and concentrates on legal and litigation-related investments. Before joining Fortress in 2016, he worked as a commercial litigator, mainly at Boies Schiller Flexner LLP in New York. He holds a B.A. in Economics from Stanford University and a J.D. from the University of Pennsylvania Carey Law School.

Ken Pierce· Global Co-Head of Insurance Solutionsin

Ken Pierce is Co-Head of Insurance Solutions & Reinsurance at Fortress Investment Group, with more than 30 years of experience as an insurance and reinsurance executive, investment banker, and lawyer. His prior roles include CEO of a Bermuda-domiciled reinsurer, head of private asset structuring at a life insurer, and global head of the insurance practice at a global law firm. He has worked on the negotiation, structuring, and execution of reinsurance and structured finance transactions across the life and annuity and property and casualty sectors.

Leslee Cowen· Managing Director, Corporate Securitiesin

Leslee Cowen is a Managing Director in Corporate Securities at Fortress Investment Group, where she works on special situations and public and private transactions across the capital structure. Before joining Fortress in 2002, she worked at the Baupost Group on distressed debt and equity acquisitions and non-performing loan portfolios, and earlier held roles at The Argentum Group and The Blackstone Group. She holds a B.S. from the Wharton School at the University of Pennsylvania.

Lucy Munro· Managing Director, COO of Private Lending and Chief Data Officerin

Lucy Munro is a Managing Director at Fortress, serving as COO of Private Lending and Chief Data Officer, a role she joined in 2024. She previously led Credit Product for Global Wealth at Apollo and headed Investor Relations for the BDC (NYSE: TSLX) at Sixth Street. She began her career in investment banking within the leveraged finance and sponsor coverage groups at UBS and Deutsche Bank, and holds B.A. and M.B.A. degrees from the University of Chicago.

Marc Fuhrmann· Head of Real Estate Credit, Europe (Managing Director)in

Marc Fuhrmann is a Managing Director in Fortress's London office and Head of Real Estate Credit, Europe. Before returning to Fortress in 2024, he led real estate at Arrow Global, and he previously spent time at Fortress from 2007 to 2021 working on loan origination, asset management, CMBS trading, and real estate equity investments across Dallas, New York, and London. He holds a B.S. and M.S. from the University of Texas at Dallas and an MBA from London Business School.

Mario Rivera· Global Head of Asset-Backed Securitiesin
Mark Lane· Global Head of Corporate Communicationsin

Mark Lane is Global Head of Corporate Communications at Fortress, based in New York, where he oversees communications, brand, and corporate marketing globally. Before Fortress, he held leadership roles at Barclays, including Global Co-Head of Communications for its Corporate and Investment Banking businesses, and previously served as a lead spokesperson at Lehman Brothers in London and New York. He holds a B.A. (Hons) with Distinction in French Studies.

Matt Biczak· Managing Director, Head of Specialty Finance, Americas, and Co-Chief Investment Officer for Fortress's asset-backed credit strategy

Matt Biczak is a Managing Director at Fortress, serving as Head of Specialty Finance for the Americas and Co-Chief Investment Officer for the firm's asset-backed credit strategy, where he works on providing capital solutions to specialty finance companies. Before joining Fortress in 2006, he was an Associate in the Asset Securitization Group at DZ Bank, handling asset management, surveillance, and funding duties on credit facilities. He holds a B.A. in Economics from Bucknell University.

Michael Fallacara· Managing Director and Head of Residential Securities and Whole Loans

Michael Fallacara is a Managing Director at Fortress and leads its Residential Securities and Whole Loans activities, overseeing residential whole loan and real property acquisitions. He joined Fortress in 2007 after serving as a Managing Director at Credit Suisse handling whole loan originations, and previously spent seven years as a Managing Director at Nomura Securities and nine years at Citicorp in residential and commercial real-estate roles. He holds a B.A. in Business from Rutgers University.

Niccolò Biancheri· Head of Corporate Credit, Europein
Noah Shore· Global Co-Head of Commercial Real Estate Credit
Ola Eriksson· Managing Director, Head of Specialty Finance, Europe; Co-Chief Investment Officer, asset-backed credit strategy

Ola Eriksson is a Managing Director and Head of Specialty Finance, Europe at Fortress, also serving as Co-Chief Investment Officer for the firm's asset-backed credit strategy, where he concentrates on legal and litigation-related investments and capital solutions for specialty finance companies. Before joining Fortress in May 2011, he worked at Mizuho International plc on private credit assets, and earlier held roles in structured corporate finance at Citigroup and in tax and corporate law at Mannheimer Swartling in Stockholm. He holds a Master of Laws from the University of Lund in Sweden and attended the University of London.

Pradip Ghosh· Managing Director and Global Co-Head of Insurance Solutions

Pradip Ghosh is a Managing Director and Global Co-Head of Insurance Solutions at Fortress, where he oversees the firm's insurance strategy, including investment solutions for insurance companies and investments in insurance and reinsurance platforms. He has more than 25 years of experience across insurance, asset management and financial services, having previously served on the Executive Leadership Team at American Equity Life and held senior roles at Ares Management and Lehman Brothers. He holds a B.A. in Economics-Mathematics from Columbia University.

Robin Quittell· Chief Human Resources Officer and Counsel

Robin Quittell is Chief Human Resources Officer and Counsel at Fortress, which she joined in 2007, and she serves on the firm's Leadership Committee and Diversity & Inclusion Committee. She previously served on the Fortress in-house legal team as Head Compensation and Benefits Counsel and earlier worked in the executive compensation and benefits groups at Simpson Thacher & Bartlett LLP and Morrison Cohen LLP. She holds an A.B. from Duke University and a Juris Doctor from Harvard Law School.

Scott Werthamer· Global Head of Client and Product Solutions Groupin

Scott Werthamer is a Managing Director at Fortress and Head of the Client & Product Solutions Group, overseeing institutional sales, product management, and the Private Wealth Solutions business. He joined the firm in 2008 and has focused on capital formation, fundraising, and client relationships, and sits on the firm's ESG and cybersecurity steering committees. Earlier in his career he worked at Morgan Stanley's Global Fund Derivatives Group, Fortis Bank, and Ivy Asset Management, and he holds a B.B.A. in Finance from The George Washington University.

Spencer Garfield· Managing Director, Global Co-Head of Commercial Real Estate Credit

Spencer Garfield is a Managing Director at Fortress Investment Group and Global Co-Head of Commercial Real Estate Credit, overseeing a team focused on real estate credit originations, structuring, syndication, and preferred equity investing. Before joining Fortress in 2013, he spent 12 years at Hudson Realty Capital LLC as a Managing Director handling loan originations, equity investments, and business development. He holds a B.S. from the University of Colorado and a master's degree in Real Estate Finance and Investment from New York University, where he also served as an adjunct professor.

Thomas Pulley· Global Head of Real Estate Equity
Tim Sloan· Vice Chairman & Global Head of Real Estate
Todd Rapp· CEO, Multi-Manager Group
Travis Polk· Managing Director and Global Co-Head of Corporate Strategyin

Travis Polk is a Managing Director and Global Co-Head of Corporate Strategy at Fortress, which he joined in 2023 to work on business and product builds and to expand the firm's capital solutions offerings. He previously spent six years at Sixth Street, where he co-led the Strategy & Planning Group, and earlier worked in J.P. Morgan's Mergers & Acquisitions practice and KPMG's Transaction Services Advisory group. He holds a B.A. in Finance and Accounting from Texas Christian University and an M.B.A. from Southern Methodist University.

Brent Weeks· CFOin
Christian Olson· Co-Chief Investment Officer, Intellectual Property Finance Groupin

Christian Olson is President at Business Navigational Solutions and a Strategic Advisor at Baroda Ventures. His background includes international and domestic business development, strategic planning, financial analysis, and technology development within the global defense industry, with experience at two defense contractors and a Fortune 500 financial company. His work has covered areas including product development, corporate acquisitions, and international sales and marketing.

David Bohnett· Co-Chief Investment Officer, Fortress Legal Assets Fundsin𝕏

David Bohnett, GeoCities co-founder behind a multibillion-dollar exit, applies founder-operator experience through an exit-funded family-office/VC, integrating his foundation and supporting tech teams pursuing positive societal impact and historically-informed community perspective.

Johnna Hobgood· Co-Head of Corporate Strategyin

Founder mafia

15 people who came through Fortress Investment Group went on to found or lead other companies.

+ 3 more

What they invest in

from 19 of 28 portfolio companies

Enterprise 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 path

By year:2026 · 22025 · 42023 · 12022 · 12021 · 12018 · 12017 · 32016 · 22014 · 22013 · 118 dated

Norsk Titaniumnorsktitanium.com✓ verified

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 Grouparrowglobal.netin

Arrow Global is a pan-European asset management firm specializing in credit and real estate investments across Europe.

FintechLondon, GB

Biproxibiproxi.cominSeed · Sep 2018 · $3M

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-investorsGaingelsRpm Ventures Iii Management, L.L.C.Greycroft

CAIScaisgroup.comin𝕏

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, Inc.dataminr.comin𝕏Sep 2025

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

Duosenergycorpduosenergycorp.com

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 Partnersdynastyfinancialpartners.comin𝕏Feb 2026

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 Todayempiretoday.comin𝕏May 2026

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

GridPointgridpoint.comin𝕏Mar 2025 · $45M

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

Litifylitify.comin𝕏Feb 2017

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

Ludialudia.cominSep 2021 · $350M

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

Nanosysnanosys.cominJul 2022 · $50MAcquired

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 Commwarepivotalcommware.comin𝕏

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

Ripplepixellabs.ioNov 2025 · $40B

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 Labsripple.comin𝕏Nov 2025 · $40B

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

Safe graphsafegraph.comin𝕏Series A · Apr 2017 · $16M

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+9 more

TheranosinMay 2017

BiotechPalo Alto, US

Elizabeth Anne Holmes(Executive Officer, Director)

BoardWilliam Foege(Director)Daniel Warmenhoven(Director)Fabrizio Bonanni(Director)

Co-investorsDraper Associates

Windfall Datawindfall.comin𝕏Seed · Dec 2016

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

Xapoxapo.comin𝕏Mar 2014

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 companies

Fund performance · per public LP disclosures · 25

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
Fortress Lending Fund IIILPs: District of Columbia Retirement Board, Kern County Employees' Retirement Association, South Carolina Retirement System Investment Commission2022—11.4%1.25x0.42x
Fortress Lending Fund III-IV MA-CRPTF LPLPs: Connecticut Retirement Plans and Trust Funds2022—16.0%1.20x0.20x
Fortress Lending Fund IILPs: Kern County Employees' Retirement Association, South Carolina Retirement System Investment Commission, Ralph C. Wilson Jr. Foundation2021—8.7%1.28x0.89x
Fortress Lending Fund IlLPs: Kern County Employees' Retirement Association2021—10.7%1.06x0.10x
Delegated Investments Fortress COF VLPs: South Carolina Retirement System Investment Commission2020—1.8%——
Fortress COF VLPs: South Carolina Retirement System Investment Commission2020—9.1%——
Fortress Credit Opportunites Fund V ExpansLPs: Kern County Employees' Retirement Association2020——1.13x0.04x
Fortress Credit Opportunites Fund V ExpansioLPs: Kern County Employees' Retirement Association2020—25.3%1.16x0.04x
Fortress Credit Opportunites Fund V ExpansionLPs: Kern County Employees' Retirement Association2020—14.4%1.18x0.18x
Fortress Credit OpportunitiesLPs: Kern County Employees' Retirement Association2020——1.07x0.04x
Fortress Credit Opportunities Fund V Expansion MA-CRPTF LPLPs: Connecticut Retirement Plans and Trust Funds2020—8.9%1.10x0.30x
Fortress Credit Opportunities V ExpansionLPs: Los Angeles City Employees' Retirement System2020—10.7%1.20x0.34x
Fortress Lending Fund II MA-CRPTF LPLPs: Connecticut Retirement Plans and Trust Funds2020—8.9%1.20x0.70x
Fortress Credit Opportunities Fund III (A)LPs: North Carolina Retirement Systems2012—9.9%1.48x1.38x
Fortress Japan Opportunity Fund II, L.P.LPs: San Bernardino County Employees Retirement Association2012—24.4%—0.18x
Fortress Transportation Infrastructure, LLCLPs: Michigan Municipal Employees' Retirement System, San Bernardino County Employees Retirement Association2012—-2.0%0.92x0.92x
Fortress Credit Opportunities Fund II(A)LPs: California State Teachers' Retirement System2010—14.6%2.15x2.06x
Fortress Investment Fund III PIKLPs: The Regents of the University of California2009—1.5%5.00x1.53x
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 more2007—4.1%1.50x1.08x
Fortress Investment Fund V, L.P. - Co-InvestmentLPs: Washington State Investment Board2007—-7.4%0.40x0.32x
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 more2006—-1.9%0.90x0.83x
Fortress Investment Fund IV, L.P. - Co-InvestmentLPs: Washington State Investment Board2006—-3.9%0.70x0.72x
Fortress Investment Fund III, L.P.LPs: Washington State Investment Board, The Regents of the University of California, Robert Wood Johnson Foundation2004—1.2%1.10x1.07x
Fortress Investment Fund II, LLCLPs: Washington State Investment Board2002—36.0%1.50x1.46x
Fortress Investment Fund, L.P.LPs: Washington State Investment Board2000—25.7%2.30x2.34x

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.

Media · Podcasts & interviews

featuring the team

Drew McKnight's Lessons in Risk & Resilience

Intersections Podcast · Drew McKnight

Drew McKnight on Intersections Podcast

SpokenLayer · Drew McKnight

Fortress co-CEO Drew McKnight: Smaller companies facing ...

Drew McKnight · cnbc.com

Fortress' Drew McKnight talks private credit investing ...

Drew McKnight · cnbc.com

Fortress' Drew McKnight talks private credit investing ...

CNBC Television · Drew McKnight

Y'all Street explained. Drew McKnight, Co-CEO of Fortress ...

Southwestern Medical Foundation · Drew McKnight · facebook.com

Images

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Co-investors · 24

Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

Both backed · 2
$50K – $100M
FJ Labs

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.

$100K – $3M
Sapphire Ventures

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.

Both backed · 1
$5M – $20M
SignalFire

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.

Both backed · 1
$250K – $15M
Bonfire Ventures

Bonfire Ventures is a seed-stage venture capital firm that backs founders reinventing how business operates, leading seed rounds in AI-native B2B software.

Both backed · 1
$2M – $6M
Ridge Ventures

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.

Both backed · 1
$2M – $7M
Vast Ventures

Vast Ventures is a venture fund that invests in disruptive companies aiming for global impact.

Both backed · 1
$100K – $1M
Clocktower Ventures

Clocktower Ventures is the venture arm of Clocktower Group, backing technology companies transforming financial services across consumer and enterprise fintech.

Both backed · 1
$100K – $20M
Kohala Ventures

Kohala Ventures is a seed focused venture firm focused on accelerating transformative ideas that will help shape our future

Both backed · 1
Founders Fund

Founders Fund is a venture capital firm that backs technology companies building transformative products.

$500K – $5M
Unknown Ventures

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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