Fortress was founded in 1991. Fortress is the managing member of Foundation Financial Partners, LLC, a sector-specific private investment fund formed in early 2000 to invest in publicly traded micro and small cap banks and thrifts—by our definition, U.S. based regulated depository institutions with market capitalizations of less than $500 million. Our member/investors include individuals, corporations, employee benefit plans, IRAs, family office accounts, retirement plans, and charitable foundations.
In 2007, we formed two limited partnerships, Fortress Partners Banc Ventures I, LP, and Fortress Partners Banc Ventures II, LP, to invest in closely-held micro and small capitalization banks and thrifts. These partnerships target banks with assets ranging from $10 million to $5 billion. Our partners include individuals, family office accounts, retirement plans (including IRAs) and bank holding companies.
We also manage separate accounts for a diverse national clientele including banks, family trusts, and charitable foundations and organizations.
Fortress Partners is registered with the state of Wisconsin as an investment advisory firm.