Fortress Holding the Bag as Theranos Dissolves

The Wall Street Journal reported scandal-ridden blood-testing firm Theranos will shut down. The company is working to negotiate a settlement with Fortress Investment Group, its chief creditor.

Fortress Provides Up to $20MM Facility to iPass

iPass, a provider of global mobile connectivity, finalized a senior secured credit facility of up to $20 million from affiliates of funds managed by affiliates of Fortress Investment Group.

Fortress Investment Group Acquired by SoftBank Group

SoftBank Group completed its acquisition of Fortress Investment Group for $3.3 billion in cash. Following the close, SBG and its wholly-owned subsidiaries own all outstanding Fortress shares.

Super G Provides $1.5MM Bridge Facility to Healthcare Technology Firm

Super G Capital provided a $1.5 million bridge facility for a software as a service (SaaS) company that provides data management solutions to insurance agencies, government agencies, hospital and healthcare organizations.

Fortress Affiliates Fund Iconix Brand $300MM Term Loan

Iconix Brand Group closed its previously announced $300 million senior secured term loan credit facility provided by credit funds managed by affiliates of Fortress Investment Group.

Fortress Investment Closes $300MM Facility For Iconix Brand

Iconix Brand Group entered into a new five-year $300 million senior secured term loan credit facility provided by credit funds managed by affiliates of Fortress Investment Group.

Ex-Fortress Manager Said to Plan Distressed Debt Fund

Former Fortress Investment Group managing director, Jared Cohen, reportedly is planning to start his own distressed-debt fund, according to two people with direct knowledge of the matter.

Fortress Provides SignaCert Facility

Fortress Investment Group provided a $4 million facility to SignaCert. The facility is backed by a portion of SignaCert’s intellectual property portfolio.

Fortress Said to Seek $4B for Distressed Credit

Bloomberg reported Fortress Investment Group is seeking about $4.3 billion to buy distressed credit around the world as investment firms prepare for markets to sour, according to people familiar with the matter.

Oxford International Group Closes Equity and Debt Financing

Oxford International Group announced the closing of an equity and debt financing transaction with Fortress Investment Group. The funds will be used to finance the acquisition of settlement receivables.