Fortress Investment Group LLC http://www.fortressinv.com/ (FIG) is a global alternative asset manager. The company earns management fees based on the size of funds, incentive income based on the performance of our funds, and investment income from principal investments in those funds . Founded in 1998 . Assets under management (AUM) have grown from $1.2 billion as of December 31, 2001 to $29.9 billion as of September 30, 2006.