SuperCom secured a $20 million credit facility from funds managed by affiliates of Fortress Investment Group.
Fortress Holding the Bag as Theranos Dissolves
September 5, 2018
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
June 19, 2018
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
December 28, 2017
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
May 25, 2017
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.
Ex-Fortress Manager Said to Plan Distressed Debt Fund
May 22, 2015
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
January 15, 2015
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
October 13, 2014
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.
