Articles from Fortress Investment Group

Fortress Investment Group today announced the launch of Fortress Real Estate Exchange, a new 1031 exchange platform designed to provide advisors and their clients with access to institutional‑quality real estate investments through Delaware Statutory Trusts (DSTs).

Fortress Investment Group today announced the appointment of Elizabeth Burton as Chief Strategist, effective immediately. In this newly created role, Ms. Burton will be based in New York and report directly to Co-CEOs Drew McKnight and Jack Neumark.

Fortress Investment Group today announced that funds managed by its affiliates (“Fortress”), alongside GOAL Aircraft Leasing (“GOAL”), have acquired four new Embraer E195-E2 aircraft from Porter Airlines as part of a sale-leaseback transaction.

Fortress Investment Group (“Fortress”), a leading global investment management firm, is pleased to announce Charles Spetka is rejoining the organization as Head of its Middle East office.

Fortress Investment Group (“Fortress”), a leading global investment manager, today announced the opening of a new office in the Abu Dhabi Global Market (ADGM), and permission to undertake regulated activities through receipt of its Financial Services Permission from the ADGM Financial Services Regulatory Authority – marking a significant milestone in the firm’s global expansion.

Fortress Investment Group today announces that Giovanni Luna has joined the organization as Managing Director, Head of Origination, Europe, and the appointment of Niccolò Biancheri as Head of Corporate Credit, Europe. Mr. Luna and Mr. Biancheri will both be based in London.

Mubadala Investment Company (“Mubadala”), a global sovereign investor, and Fortress Investment Group (“Fortress”), a global investment manager, today announced the signing of a $1 billion strategic partnership (the “Partnership”) focused on credit and special situations co-investment opportunities.

Fortress Investment Group (“Fortress”) today announced that funds managed by its affiliates have acquired Gyptech (“the company”) a global leader in the design, construction, and commissioning of gypsum wallboard and asphalt-shingle manufacturing equipment and services.

Fortress Investment Group (“Fortress”) today announced that funds managed by its affiliates have acquired Infra Pipe Solutions (“the company” or “IPS”), a leading manufacturer of small to large diameter high density polyethylene (HDPE) pipes and structures which are sold under brand names including Sclairpipe®, Weholite®, Endopure® and Enduct®.

Fortress Investment Group ("Fortress") today announced that funds managed by its affiliates have acquired TH Holdings, a diversified industrial manufacturer consisting of market-leading brands Texas Hydraulics, Hydromotion, and Oilgear ("the companies"). The companies are leading manufacturers of highly engineered, custom-designed hydraulic components.

Fortress Investment Group ("Fortress") today announced that funds managed by its affiliates have acquired Curzon, a leading UK arthouse film company.

Fortress Investment Group today announces the appointment of Damola Adamolekun as CEO of RL Investor Holdings LLC.

Fortress Investment Group (“Fortress”) and Mubadala Investment Company (“Mubadala”), through its wholly owned asset management subsidiary Mubadala Capital (“Mubadala Capital”), today announced that they have completed the previously announced acquisition of the 90.01% of the equity of Fortress that was held by SoftBank Group Corp. (“SoftBank”). Terms of the deal were not disclosed.