Fortress, after Softbank deal, plans to launch flagship credit fund this year

Photo of Pete Briger sourced from Fortress
  • Fortress raised its last flagship credit fund in 2015
  • Dearth of distressed opportunities in market
  • As of now, firm eyes less than $5 bln for next credit fund
Fortress Investment Group, which last year was acquired by Softbank, plans to hit the market with its next flagship private-credit fund later this year, according to a person with knowledge of the firm. The person said Fortress talked about its ...
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