Key Developments: Fortress Investment Group LLC (FIG.N)

FIG.N on New York Stock Exchange

8.28USD
1 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Fortress announces dividend of $0.38 per share
Thursday, 26 Feb 2015 07:00am EST 

Fortress Investment Group LLC:Declares fourth quarter 2014 cash dividend of $0.38 per dividend paying share, comprised of base quarterly cash dividend of $0.08 per dividend paying share and special cash dividend of $0.30 per dividend paying share.The dividend is payable on March 17, to Class A shareholders of record as of the close of business on March 12.  Full Article

Fortress Investment Group LLC announces acquisition of Rihga Royal Hotel Kyoto
Friday, 13 Feb 2015 02:00am EST 

Fortress Investment Group LLC:Says an agreement with the Royal Hotel, Ltd regarding the acquisition by a Fortress managed fund of the Rihga Royal Hotel Kyoto.Expects the acquisition to close in the Q1 2015.  Full Article

Eurocastle Investments announces a new investment together with other affiliates of Fortress Investment Group LLC in Unicredit Credit Management Bank
Thursday, 12 Feb 2015 02:01am EST 

Eurocastle Investments Ltd:Announces a new investment in Unicredit Credit Management Bank and a portfolio of non-performing loans.Together with other affiliates of Fortress Investment Group LLC, it has reached agreement to acquire Unicredit Credit Management Bank from Unicredit SpA.Acquisition includes a portfolio of non-performing loans ("NPLS") with a GBV of about 2.4 billion euros and an NPL servicing business.Investment is expected to result in an investment by Eurocastle of about 200 million euros.  Full Article

Fortress declares cash dividend
Thursday, 30 Oct 2014 07:01am EDT 

Fortress Investment Group LLC:Declares a cash dividend of $0.08 per dividend paying share for the third quarter of 2014.Pauyable on Nov. 17 to Class A shareholders of record as of the close of business on Nov. 12.  Full Article

Fortress Investment Group LLC announces dividend of $0.26 per share
Thursday, 31 Jul 2014 07:09am EDT 

Fortress Investment Group LLC:Declares a cash dividend of $0.26 per dividend paying share, comprised of a base quarterly cash dividend of $0.08 per dividend paying share and a special cash dividend of $0.18 per dividend paying share.Payable on Aug. 15 to Class A shareholders of record on Aug. 12.  Full Article

Fortress announces sale of remaining stake in GAGFAH
Tuesday, 10 Jun 2014 05:00pm EDT 

Fortress Investment Group LLC:Announced that it has agreed to sell its remaining stake in GAGFAH.Says as part of the offering, Fortress and its affiliates have agreed to sell 60.5 million GAGFAH shares, which will generate total proceeds of about $986 million.Transaction is expected to close on June 13.  Full Article

Fortress Investment Group LLC declared Q1 cash dividend
Thursday, 1 May 2014 07:07am EDT 

Fortress Investment Group LLC:Declared Q1 2014 cash dividend of $0.08 per dividend.Payable on May 16.Record date May 13.  Full Article

Fortress Investment Group LLC announces launch of public offering of class A shares
Wednesday, 12 Mar 2014 04:07pm EDT 

Fortress Investment Group LLC:Says it has commenced an underwritten public offering to sell 28,280,000 Class A shares, representing limited liability company interests in the company (the Class A Shares).As part of the offering, certain officers and senior employees of the Company, including Fortress principals (collectively, the selling shareholders), have agreed to sell 5,077,141 Class A Shares.Fortress and certain selling shareholders have also granted the underwriters a 30-day option to purchase up to 4,242,000 additional Class A Shares.Fortress intends to use all of its net proceeds from this offering to purchase an equivalent number of outstanding Fortress Operating Group partnership units from its principals.Fortress will not retain any proceeds from the sale of shares by the selling shareholders.The offering is being made pursuant to an automatic shelf registration statement filed with the Securities and Exchange Commission (the SEC), which became effective on March 12.  Full Article

Fortress Investment Group LLC declares fourth quarter cash dividend
Thursday, 27 Feb 2014 07:00am EST 

Fortress Investment Group LLC:Declared a fourth quarter 2013 cash dividend of $0.08 per dividend paying share.Payable on March 14 to Class A shareholders of record as of the close of business on March 11.  Full Article

Fortress Investment Group LLC Announces Dividend of $0.06 per Share
Thursday, 31 Oct 2013 07:00am EDT 

Fortress Investment Group LLC declared a third quarter 2013 cash dividend of $0.06 per dividend paying share. The dividend is payable on November 15, 2013 to Class A shareholders of record as of the close of business on November 12, 2013.  Full Article

Hellman & Friedman, Fortress prepare joint bid for Italy's ICBPI: sources

LONDON - U.S. private equity firm Hellman & Friedman and U.S. asset manager Fortress Investment Group are lining up a joint bid for Italian bank services provider ICBPI, ahead of a March 23 deadline, two sources familiar with the matter said.

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