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Skyline Secures Loan to Acquire Intrawest’s Blue Mountain Interests

Posted on: April 24, 2013 by asormaniNo Comments »

Toronto-based Integrated Asset Management and its private corporate debt group, Integrated Private Debt Corp., have closed a $15 million senior loan with Skyline Blue Mountain Village Inc. The funds raised by Skyline will be used to assist with its acquisition from Intrawest ULC of retail property located within Ontario’s Blue Mountain Resort Village. Intrawest has been a portfolio company of U.S. private equity firm Fortress Investment Group since 2006.

Jobs of the Week: Fortress and Sequoia Capital are Hiring

Posted on: April 16, 2013 by asormaniNo Comments »

This week there are vacancies for a head of communications, a venture associate, a relationship advisor, a private equity investor communications associate and a vice present. Scroll down to find out who is hiring.

Fortress Leads Refinancing of American Internet Services

Posted on: March 21, 2013 by Connie LoizosNo Comments »

American Internet Services (AIS), a San Diego-based company that manages the IT infrastructure of its clients, has secured a $43.5 million senior secured credit facility from Fortress Credit Corp., an affiliate of Fortress Investment Group. Terms of the transaction weren’t disclosed.

CPS Renews Credit Facility

Posted on: March 7, 2013 by asormaniNo Comments »

Consumer Portfolio Services has renewed its $100 million revolving credit facility with affiliates of Goldman, Sachs & Co and Fortress Investment Group. Under the amended terms, the facility will revolve during the first two years and will amortize during years three and four.

Jobs of the Week: First Round Capital, Fortress, Jacobs Asset Management and SRI Ventures Hiring

Posted on: March 6, 2013 by asormaniNo Comments »

This week peHUB is highlighting vacancies for a platform experience and operations manager, private equity associate and vice president portfolio manager. There are also a handful of marketing, communications and investor relations roles up for grabs.

Fortress Funds Layered Technologies Credit Facility

Posted on: June 27, 2012 by asormaniNo Comments »

Layered Technologies, a provider of services for e-business applications, has secured a $38 million credit facility. The facility was funded by Fortress Investment Group. PRESS RELEASE Layered Technologies, Inc. (Layered Tech), a leading global provider of compliant hosting, managed dedicated hosting and cloud services for mission-critical e-business applications, has secured a $38 million credit facility [...]

Blyth Elects Bowdoin College Director to Board

Posted on: May 17, 2012 by asormaniNo Comments »

Blyth, a designer and marketer of home and wellness products has elected Jane A. Dietze to its board of directors. Dietze is director of private equity at Bowdoin College‘s investments office. Prior to joining Bowdoin College she was a managing director at Fortress Investment Group, a global alternative investment and asset management firm. PRESS RELEASE [...]

So, What’s Your Fund Management Company Worth Now?

Posted on: May 3, 2012 by Bernard VaughanNo Comments »

With yet another buyout firm, The Carlyle Group, starting to trade shares publicly today, you might be curious to figure out what your firm would be worth if you chose to do the same.

Mortgage Companies Look Ripe for Deals

Posted on: March 26, 2012 by Bernard VaughanNo Comments »

Several private equity firms have lined up to invest in mortgage providers and servicers in recent weeks, suggesting more firms are eager to get back into a much maligned sector as it staggers out of the Great Recession,Buyouts reports in its March 26 edition. In less than a week, between March 9 and March 14, [...]

Fortress CEO Resigns

Posted on: January 25, 2012 by asormaniNo Comments »

Global investment manager Fortress Investment Group CEO Daniel Mudd has resigned from the company and its board of directors. Fortress had previously announced that Mudd had requested and been granted a leave of absence from his role as chief executive officer of the company. Randal Nardone, Fortress principal and co-founder, will continue to serve as [...]