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Fortress Investment Group

Japan Hotel

U.S. asset manager Fortress seeks more Japan hotel investments amid tourism boom

Fortress Investment Group (FIG.N) is prioritizing investments in hotels in Japan, a senior executive said on Monday, as the U.S. asset manager seeks to cash in on a government drive to boost tourism ahead of the 2020 Tokyo Olympics.

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Bitcoin

US investors Benchmark, Fortress, and Ribbit to buy stake in Pantera's Bitcoin fund

US-based investment firms Benchmark Capital, Fortress Investment Group, and Ribbit Capital are buying a stake in Pantera Capital's Bitcoin fund called Pantera Bitcoin and committed to conduct virtual currency transactions through Pantera.

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Bitcoin

Xapo secures $20M to keep Bitcoins safe

Xapo has obtained a $20 million funding from Benchmark Capital, Fortress Investment Group Llc and other investors to keep Bitcoins safe and secure, TechCrunch reported.

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iRxReminder

iRxReminder gets $250K in seed funding round

An unnamed Washington, DC-based angel investment group supported Ohio-based mobile health application service provider iRxReminder with a $250,000 investment for its seed round, a statement about the financing said.

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Fortress Investment Group

Fortress Transportation and Infrastructure Investors plans up to $100M IPO

A regulatory filing showed that Fortress Transportation and Infrastructure Investors intends to raise up to $100 million in its initial public offering in New York, Reuters reported.

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Fortress Investment Group

Fortress Investment Group plans to secure $1.9B for Japan's first infrastructure fund-sources

US-based Fortress Investment Group intends to raise $1.9 billion to form the first infrastructure fund in Japan called Fortress Japan Income Fund, sources told Reuters.

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LightSquared

Fortress backs new LightSquared bankruptcy exit plan

LightSquared is proposing a new bankruptcy exit plan with financing from Fortress Investment Group and other backers, as the U.S. wireless communications company seeks to avoid a sale to highest bidder Dish Network Corp.

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Newcastle Investment Corp

Newcastle Investment Corp agrees on USD 1.01 billion purchase of 52 senior housing properties

Forstress Investment Group unit Newcastle Investment Corp said it will be purchasing a portfolio of 52 senior housing properties from Holiday Acquisition Holdings for USD 1.01 billion.

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Bridge Collapse

Infrastructure provides opportunities for private equity, hedge funds- report

A CNBC report said the infrastructure industry, including power plants, ports and pipes, has given private equity companies and hedge fund firms opportunities for investment.

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Stephen A. Schwarzman

Fortress to Blackstone: "Its time to sell'

Fortress Investment Group said that they are pushing Blackstone Group LP to sell and exit investments.

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Crossroads Logo

Crossroads ties up with Fortress Investment Group

Crossroads Systems stated that it has acquired a US$10 million credit deal from Fortress Investment Group and its affiliates.

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Spain

Vulture funds smell blood from Spanish bank woes

A flock of "vulture" funds is gathering in Madrid in the hope that a banking sector shakeout will finally deliver a bonanza of real estate and distressed company assets at rock bottom prices.

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