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Posts Tagged ‘Fortress’

4 November 2015

Fortress hits $1.1bn hard cap at close of Japan Opportunity Fund III

gold-temple-420675_1920 Fortress Investment Group has closed its third Japan fund at the $1.1bn hard cap, following suit with its predecessors, Fortress Japan Opportunity Fund I and II.

11 September 2015

Fortress, Cerberus eye €4bn Barclays Italian mortgage portfolio

countryside-96572_1280 US investment heavyweights including Cerberus Capital Management and Fortress are said to be in talks to pick up a €4bn Italian mortgage portfolio from British bank Barclays.

20 February 2015

Fortress approaches $5bn close of latest credit fund

fortress-castle-tower US private equity investor Fortress Investment Group is said to be about to wrap up the fundraising for its latest credit opportunities fund to close the vehicle on $5bn.

5 February 2015

Fortress locks up $50m investment in US patent group

treasure-chest-and-silver-dollars-1018791-m Fortress Investment Group has agreed to provide $50m as a long-term financing facility to patent licensing company Marathon Patent Group.

27 October 2014

Fortress, Prelios enter exclusive talks for UniCredit bad debt unit

euros money cash capital A consortium comprising US asset manager Fortress and real estate group Prelios has reportedly entered exclusive talks to buy UniCredit’s bad debt unit UCCMB.

7 October 2014

Fortress, Prelios could be named winning UniCredit bad debt arm bidders this week

Italian_flag A bevy of private equity firms interested in the bad debt unit of Italian bank UniCredit could find out who has won the race for the asset this week.

8 July 2014

Highbridge hires Fortress executive Jon Ashley as portfolio manager

london bridge JP Morgan’s $29bn hedge fund Highbridge Capital Management has hired experienced private equity executive Jonathan Ashley as a portfolio manager in its principal strategies platform.

10 June 2014

Fortress acquires €500m bad loan portfolio from Monte Paschi

italian flag Private equity firm Fortress Investment Group has bought a €500m portfolio of bad loans from Banca Monte dei Paschi di Siena.

10 March 2014

Apollo, Blackstone among buyout firms interested in Banco Popolare ‘bad bank’ unit

fat-euro_sq US private equity majors Apollo Global Management and Blackstone are reportedly among five buyout houses interested in the “bad bank” unit of Italy’s Banco Popolare.

25 October 2013

Private equity firms bid for Sareb’s non-performing loan portfolio

Spanish bank Sareb has reportedly received 30 offers for its 300m portfolio of non-performing residential mortgages.

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