The Fortress Investment group has been an asset management company since it was founded two decades ago. The group has grown from a modest 400 million dollar asset under management to over 40 billion dollars today. This growth has been facilitated by good management as well as an ability to diversify their portfolio at every juncture. Its three founding members had a vision that the company would grow, but may never have anticipated the level of success it has found today. All three had an extensive financial background, and this was one of the key reasons why they believed the company would succeed.
As an asset management company, the Fortress Investment Group has various areas where it has developed sufficient expertise and are therefore able to invest continuously in the same. The group has an interest in media, real estate, finance, and transport & infrastructure. These areas have been of much interest to the group investing in them with equity and in credit terms. One of the most recent investments in the Transport and infrastructure area by the Fortress Investment Group was through Brightline. This is a private railroad company based in Florida. The company specializes in the provision of passenger trains in areas that are considered too short to fly yet too long to drive. This year the company introduced the Miami-Fort Lauderdale route which has been in the works for a number of years. Following the announcement, a few things became immediately clear to the commuters of this route. To know more about the company click here.
The journey would cut down from two hours during rush hour to thirty-five minute. The passenger train is not subject to traffic or such like elements, and thus its speed remains unaffected during these times. The train will have specific hours, which gives commuters an ability to plan their time; this includes those who use the early morning and late evening trains. The ride will cost ten dollars, which is relatively cheaper than the cost of an Uber while avoiding all the inconveniences of traveling by road. The train will also offer commuters free WIFI and charging ports. In this day and age where everyone wants to remain connected the Fortress Investment Group through Brightline ensured that this was achieved through a partnership with internet providers. The train are built to the highest American standards was also equipped with all leather seats to achieve maximum comfort as well as wide aisles to ensure it’s not cramped.