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Fortress ABS fund surpasses $450 million
8 years ago
New York-headquartered Fortress Investment Group has raised just over $450 million for its asset-based credit fund -
Japanese internet and telco giant SoftBank completes Fortress acquisition
8 years ago
Japan’s SoftBank Group Corp has completed the previously announced acquisition of Fortress Investment Group for $3.3 billion in cash -
Former Fortress official joins TPG-backed credit manager
8 years ago
Arbour Lane Capital Management has hired credit specialist Justin Klein from Fortress Investment Group, according to media reports. -
MetLife acquires fixed income manager Logan Circle
9 years ago
M&A activity within the US asset management business is stepping up with MetLife announcing that it will be acquiring fixed income manager Logan Circle Partners -
Fortress credit funds record strong second quarter results
10 years ago
Fortress Investment Group is reporting strong performance for its credit strategies over the last quarter. The firm's flagship credit hedge fund - Drawbridge Special Opportunities Fund - was up 2.9% during the second quarter and now holds $5.9 billion of assets -
Asia-focused macro fund hires BlueCrest's former head of US credit
10 years ago
A Singapore-based fund manager has hired a senior official to invest across the US credit market -
Fortress boosts credit business with hire from Cerberus
10 years ago
Fortress Investment Group has boosted its credit business by taking on a managing director from rival hedge fund manager Cerberus Capital -
Fortress and Mount Kellett form distressed debt partnership
11 years ago
Fortress has given its backing to a distressed debt manager known to have made losses in the energy sector this year. -
Fortress's Briger to back ex-employee's new distressed fund
11 years ago
Former Fortress managing director said to be launching distressed-debt fund - with backing from his former employer -
Credit becomes a bigger part Fortress's platform
11 years ago
Asset manager sees assets under management rise with credit a big winner
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