Fortress Investment Group is seeking to raise about $1 billion for its latest fund in litigation finance, a sector in which it’s becoming a powerhouse, according to people familiar with the matter.The ...

Fortress Investment Group and Lighthouse Investment Partners agreed to merge their global multistrategy hedge funds and tap each other’s talent to capitalize on the explosive growth of such money ...

Fortress Investment Group, headquartered in New York, is a leading global investment manager with $49 billion in assets under management as of March 2024. The firm serves over 2,000 institutional ...

Loungers, which was founded in 2002 by Alex Reilley, David Reid and Jake Bishop, has been sold to Fortress Investment Group ...

PFG Investments LLC increased its position in shares of Fortress Biotech, Inc. (NASDAQ:FBIO – Free Report) by 82.8% in the ...

A nationwide chain of cafés, bars and restaurants founded in Bristol on a shoestring £10,000 budget, is to be sold off to US ...

Loungers and Fortress Investment Group have reached agreement on an increased and final offer valuing the hospitality group at £354.4m.

US private equity firm Fortress has increased its takeover bid for cafe bar business Loungers after pushback from investors. Fortress Investment Group said it has now made a 325p-per-share offer ...

The increased value implies an enterprise value of approximately £366.6m and is a multiple of approximately 8.4 times ...

On Thursday, the Loungers board backed a £338m takeover offer from Fortress Investment Group, a 30 per cent to its share price. Despite the board accepting the offer, various shareholders ...