Bloomberg reported that Fortress Investment Group is targeting as much as $8 billion for its latest credit opportunities fund, focused on investing in areas ranging from distressed debt to structured credit, according to a person with knowledge of...
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October 30, 2023, 08:14 AM
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VICE Media Group announced that it has agreed to the terms of an asset purchase agreement ("APA") with a consortium of its lenders (the "Lender Consortium"), pursuant to which the Lender Consortium has agreed to purchase the Company, subject to...
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May 16, 2023, 08:00 AM
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Fortress Investment Group was ranked as the 2nd fastest-growing brand among 50 alternative investment managers included in the second edition of the Alts 50 report, published by Peregrine Communications. The report provides a qualitative and...
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October 31, 2022, 06:00 AM
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VOX Funding, an alternative finance company, closed a $40 million credit facility with funds managed by affiliates of Fortress Investment Group (“Fortress”). This 3-year term facility is expandable up to $75 millon and will be used to further VOX’s...
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April 27, 2022, 07:31 AM
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iPass Inc. a provider of global mobile connectivity, announced that it has finalized a senior secured credit facility of up to $20 million from affiliates of funds managed by affiliates of Fortress Investment Group LLC .
This facility is secured by...
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June 20, 2018, 07:08 AM
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Super G provided a $1.5 million working capital bridge facility to a provider of software as a service (SaaS) solutions. The company's platform provides data management solutions to insurance agencies, government agencies, hospitals and other...
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May 25, 2017, 07:25 AM
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Consumer Portfolio Services, Inc. announced that on April 17, 2017 it renewed its two-year revolving credit agreement with the Fortress group of companies.
Loans under the renewed credit agreement will be secured by automobile receivables that CPS...
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April 19, 2017, 07:15 AM
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Cortland Capital Market Services, a leading global investment servicing company, announced today that Jason Hutton has joined the company as a director within Cortland's Successor Agency Services Group. Reporting to Joanna Anderson, head of Cortland...
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October 13, 2016, 07:20 AM
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Opus Bank announced Curtis A. Glovier, who until recently served as a managing director at Fortress Investment Group, LLC and has served as a director of Opus Bank since the launch of Opus on September 30, 2010, has agreed to join Opus and will be...
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August 04, 2016, 07:05 AM
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The Citco Group of Companies (“Citco”) announced that it has launched Citco Capital Solutions, a capital advisory service that will focus on arranging debt and equity capital for sponsors and investors in alternative investment vehicles. Citco...
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July 26, 2016, 07:09 AM
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According to various news sources, LightSquared is seeking to pay the fees and expenses on part of its proposed $4 billion financing package, which would move the wireless satellite company's standalone restructuring deal forward as an alternative to...
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January 02, 2014, 07:33 AM
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CODA Holdings, Inc. announced it is focusing its business strategy on the growing energy storage market. CODA plans to implement the restructuring of its business through a voluntary filing under Chapter 11 of the U.S. Bankruptcy Code. The...
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May 02, 2013, 07:31 AM
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