Fortress closes third Japan fund on $1.1 bln cap

By Chris Witkowsky — 3 weeks ago

Fortress Investment Group closed Fortress Japan Opportunities Fund III on $1.1 billion, the hard cap. The fund has deployed more than $140 million across 10 deals. The fund is expected to be fully invested over the next two years. Press Release Fortress Investment Group LLC (NYSE:FIG) announced today the successful close of Fortress Japan Opportunity […]


Fortress closes Credit Real Estate Opportunities Fund II on $1 bln

By Chris Witkowsky — 5 months ago

Fortress Investment Group has closed Credit Real Estate Opportunities Fund II on its $1 billion cap. Fund II launched fundraising in 2014. About half of the commitments to Fund II came from public and corporate pensions, endowments and foundations. The fund has deployed about 20 percent of its capital in the U.S. and Europe. The prior Credit Real Estate Opportunities Fund closed on $625 million in 2011.


Forbes Private Capital hires former Blackstone, Fortress fundraiser

By Chris Witkowsky — 1 year ago

Forbes Private Capital Group has hired former Blackstone Group and Fortress Investment Group fundraiser Laura Hill as a director in the New York office. Hill will cover institutional and family office investors in the Western U.S. and select clients in other North American geographies. Most recently, Hill worked as a director of corporate affairs at the Council of Foreign Relations. Previously, she was a director at Fortress in the capital formation group, and prior to that she worked at Blackstone as a director in the private equity fundraising group.


Fortress buys Omnisure

By Iris Dorbian — 1 year ago

Fortress Investment Group has acquired a controlling stake in Omnisure Group that was previously held by Lincoln Park Capital.  No financial terms were disclosed. Omnisure is a provider of payment plans for retail vehicle service contracts.