Exhibit 21.1

FORTRESS INVESTMENT GROUP LLC SUBSIDIARIES



|                                                                                                             |  |                                           
|------------------------------------------------------------------------------------------------------------ |  | ------------------------------------------
|Subsidiary                                                                                                   |  | Jurisdiction of Incorporation/Organization
|FIG Corp                                                                                                     |  | Delaware                                  
|FIG Asset Co. LLC                                                                                            |  | Delaware                                  
|Fortress Operating Entity I LP                                                                               |  | Delaware                                  
|Fortress Operating Entity II LP                                                                              |  | Delaware                                  
|Fortress Operating Entity III LP                                                                             |  | Delaware                                  
|Principal Holdings I LP                                                                                      |  | Delaware                                  
|Fortress Investment Holdings II LLC                                                                          |  | Delaware                                  
|FIG Partners Pool (A) LLC                                                                                    |  | Delaware                                  
|FIG Partners Pool (P2) LLC                                                                                   |  | Delaware                                  
|Fortress Principal Investment Holdings LLC                                                                   |  | Delaware                                  
|FIG LLC                                                                                                      |  | Delaware                                  
|Fortress Canada Management Trust                                                                             |  | Delaware                                  
|Fortress Canada Investment Corp.                                                                             |  | Canada                                    
|Fortress Principal Investment Holdings IV LLC                                                                |  | Delaware                                  
|Drawbridge Special Opportunities GP LLC                                                                      |  | Delaware                                  
|Fortress Partners GP LLC                                                                                     |  | Delaware                                  
|Fortress Partners Advisors LLC                                                                               |  | Delaware                                  
|Drawbridge Real Assets GP LLC                                                                                |  | Delaware                                  
|Drawbridge LDVF Patent GP LLC                                                                                |  | Delaware                                  
|FCO Fund GP LLC                                                                                              |  | Delaware                                  
|Fortress Investment Group Germany GmbH                                                                       |  | Germany                                   
|Fortress Drive Asset Manager LLC                                                                             |  | Delaware                                  
|FIG Italia S.r.l.                                                                                            |  | Italy                                     
|Fortress Investment Group (Australia) Pty. Ltd.                                                              |  | Australia                                 
|Fortress Germany Asset Management GmbH                                                                       |  | Germany                                   
|FIG HCRS LLC                                                                                                 |  | Delaware                                  
|DBSO Japan Holdings LLC                                                                                      |  | Delaware                                  
|Fortress Investment Group (Japan) GK (f/k/a Fortress Investment Group Asia GK f/k/a Fortress Asia Realty GK) |  | Japan                                     
|Fortress CDO Advisors LLC                                                                                    |  | Delaware                                  
|Fortress Investment Group (Japan) Holdings LLC                                                               |  | Delaware                                  
|Fortress Investment Group (UK) Ltd.                                                                          |  | England and Wales                         
|Drawbridge (UK) LLP                                                                                          |  | England and Wales                         
|Fortress Investment Group (Hong Kong) LLC                                                                    |  | Delaware                                  
|Fortress Credit Corp.                                                                                        |  | Delaware                                  



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Exhibit 21.1

FORTRESS INVESTMENT GROUP LLC SUBSIDIARIES



|                                                               |  |                                           
|-------------------------------------------------------------- |  | ------------------------------------------
|Subsidiary                                                     |  | Jurisdiction of Incorporation/Organization
|IGF Credit LLC                                                 |  | Delaware                                  
|Fortress Realty Management GP LLC                              |  | Delaware                                  
|Fortress Commodities Advisors LLC                              |  | Delaware                                  
|Drawbridge (Suisse) S.a.r.l                                    |  | Switzerland                               
|Fortress Fund MM LLC                                           |  | Delaware                                  
|Fortress Fund MM II LLC                                        |  | Delaware                                  
|FIG Advisors LLC                                               |  | Delaware                                  
|Fortress Credit Opportunities Advisors LLC                     |  | Delaware                                  
|Drawbridge Special Opportunities Advisors LLC                  |  | Delaware                                  
|Drawbridge Global Macro Advisors LLC                           |  | Delaware                                  
|Drawbridge Relative Value Advisors LLC                         |  | Delaware                                  
|Drawbridge Long Dated Value Advisors LLC                       |  | Delaware                                  
|Drawbridge Real Assets Advisors LLC                            |  | Delaware                                  
|KDC I LLC                                                      |  | Delaware                                  
|KDC SM Corp.                                                   |  | Delaware                                  
|Drawbridge LDVF Patent Advisors LLC                            |  | Delaware                                  
|Fortress Capital Formation LLC (f/k/a Fortress Securities LLC) |  | Delaware                                  
|Fortress Credit Opportunities MA Advisors LLC                  |  | Delaware                                  
|Drawbridge Special Opportunities Offshore GP LLC               |  | Delaware                                  
|Fortress Hedge Fund Strategies Advisors LLC                    |  | Delaware                                  
|Fortress Hedge Fund Strategies GP LLC                          |  | Delaware                                  
|FIG (Mauritius) LLC                                            |  | Delaware                                  
|Fox Lake Pharma MM LLC                                         |  | Delaware                                  
|Hybrid GP Holdings LLC                                         |  | Delaware                                  
|FPM Deutschland GmbH                                           |  | Germany                                   
|FIG (Singapore) LLC                                            |  | Delaware                                  
|FIG (Dubai) LLC                                                |  | Delaware                                  
|FIG China Holdings LLC                                         |  | Delaware                                  
|Fortress Investment Consulting (Shanghai) Co. Ltd.             |  | China                                     
|FIG HK (Hong Kong) Limited                                     |  | China                                     
|Fortress Asia Realty Management LLC                            |  | Delaware                                  
|Fortress Fund IV GP Holdings Ltd.                              |  | Cayman Islands                            
|Fortress Fund IV GP L.P.                                       |  | Cayman Islands                            



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Exhibit 21.1

FORTRESS INVESTMENT GROUP LLC SUBSIDIARIES



|                                                    |  |                                           
|--------------------------------------------------- |  | ------------------------------------------
|Subsidiary                                          |  | Jurisdiction of Incorporation/Organization
|RIC Coinvestment Fund GP LLC                        |  | Delaware                                  
|Fortress IW Coinvestment Fund GP Holdings Ltd.      |  | Cayman Islands                            
|Fortress IW Coinvestment Fund GP L.P.               |  | Cayman Islands                            
|Fortress Fund V GP Holdings Ltd.                    |  | Cayman Islands                            
|Fortress Fund V GP L.P.                             |  | Cayman Islands                            
|Fortress Fund VI GP Holdings 1 Ltd.                 |  | Cayman Islands                            
|Fortress Fund VI GP 1 L.P.                          |  | Cayman Islands                            
|Fortress Asia Realty GP LLC                         |  | Delaware                                  
|Fortress PENN Coinvestment Fund GP LLC              |  | Delaware                                  
|FCO MA GP LLC                                       |  | Delaware                                  
|Fortress Principal Investment Group LLC             |  | Delaware                                  
|FRID GP Holdings Ltd.                               |  | Cayman Islands                            
|Fortress Residential Investment Deutschland GP L.P. |  | Cayman Islands                            
|Fortress Investment Fund GP (Holdings) LLC          |  | Delaware                                  
|Fortress Fund III GP LLC                            |  | Delaware                                  
|Fortress Partners Offshore Master GP LLC            |  | Delaware                                  
|Drawbridge Long Dated Value GP LLC                  |  | Delaware                                  
|Drawbridge Long Dated Value II GP LLC               |  | Delaware                                  
|Drawbridge Long Dated Value III GP LLC              |  | Delaware                                  
|Drawbridge Relative Value GP LLC                    |  | Delaware                                  
|Drawbridge Global Macro GP LLC                      |  | Delaware                                  
|Fortress Oldcastle S.L.P. LLC                       |  | Delaware                                  
|FIG Promote Holdings LLC                            |  | Delaware                                  
|Fortress IW Coinvestment Fund (B,C,G) L.P.          |  | Delaware                                  
|Fortress Commodities GP Ltd.                        |  | Cayman Islands                            
|Fortress (GAGACQ) Cayman Ltd.                       |  | Cayman Islands                            
|DBGM Associates LLC                                 |  | Delaware                                  
|Fortress Holiday Investment Fund GP LLC             |  | Delaware                                  
|Fortress Fund IV (B,C,F,G) L.P.                     |  | Cayman Islands                            
|Fortress Fund V GP (BCF) Holdings Ltd.              |  | Cayman Islands                            
|Fortress Fund V GP (BCF) L.P.                       |  | Cayman Islands                            
|Fortress Fund VI GP Holdings 2 Ltd.                 |  | Cayman Islands                            
|Fortress Fund VI GP 2 L.P.                          |  | Cayman Islands                            
|Fortress Florida Coinvestment Fund GP LLC           |  | Delaware                                  
|Fortress Mortgage Opportunities Associates LLC      |  | Delaware                                  
|Fortress Mortgage Opportunities GP Series 1 LLC     |  | Delaware                                  
|Fortress Mortgage Opportunities GP Series 2 LLC     |  | Delaware                                  
|Fortress Mortgage Opportunities GP Series 3 LLC     |  | Delaware                                  
|Fortress Mortgage Opportunities GP Series 4 LLC     |  | Delaware                                  
|FMF Master GP LLC                                   |  | Delaware                                  
|FMF GP LLC                                          |  | Delaware                                  
|Fortress Asia Realty Holdings LLC                   |  | Delaware