Fortress Investment Provides $20MM SuperCom Credit Facility

SuperCom secured a $20 million credit facility from funds managed by affiliates of Fortress Investment Group.

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.