Fortress Investment Group

Publication of a transparency notification received from Fortress Investment Group LLC (Article 14 §1 of the Law of 2 May 2007)

Retrieved on:

Mercredi, décembre 20, 2023

Partnership, Fortress Investment Group, FIG, Investment, FIP, Architecture

FIP II UB Investments LP, a Delaware limited partnership (“FIP II”), holds 50% of the membership interests in CFIP.

Key Points:

FIP II UB Investments LP, a Delaware limited partnership (“FIP II”), holds 50% of the membership interests in CFIP.
FIP Fund II GP LLC, a Delaware limited liability company (“FIP II GP”), is the general partner of FIP II.
FIG LLC, a Delaware limited liability company (“FIG LLC”), indirectly controls the investment advisers to certain investment funds that hold membership interests in CFIP.
Fortress Investment Group LLC, a Delaware limited liability company (“Fortress”), is the sole owner of FIG Corp and has no controlling shareholder.

Publication of a transparency notification received from Fortress Investment Group LLC (Article 14 §1 of the Law of 2 May 2007)

Retrieved on:

Mardi, novembre 21, 2023

Partnership, Fortress Investment Group, FIG, Investment, FIP, Architecture

FIP II UB Investments LP, a Delaware limited partnership (“FIP II”), holds 50% of the membership interests in CFIP.

Key Points:

FIP II UB Investments LP, a Delaware limited partnership (“FIP II”), holds 50% of the membership interests in CFIP.
FIP Fund II GP LLC, a Delaware limited liability company (“FIP II GP”), is the general partner of FIP II.
FIG LLC, a Delaware limited liability company (“FIG LLC”), indirectly controls the investment advisers to certain investment funds that hold membership interests in CFIP.
Fortress Investment Group LLC, a Delaware limited liability company (“Fortress”), is the sole owner of FIG Corp and has no controlling shareholder.

Information on the Total Number of Voting Rights and Shares (Article 15 of the Law of 2 May 2007)

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Mardi, novembre 14, 2023

Disclosure, EUR, Fortress Investment Group, Security (finance), Euronext

MONT-SAINT-GUIBERT, Belgium, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Celyad Oncology (Euronext: CYAD) (the “Company” or “Celyad Oncology”), today announces the below information following the issuance, on 14 November 2023, of 14,903,846 new shares of Celyad Oncology SA (the “Company”) to an affiliate of Fortress Investment Group.

Key Points:

MONT-SAINT-GUIBERT, Belgium, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Celyad Oncology (Euronext: CYAD) (the “Company” or “Celyad Oncology”), today announces the below information following the issuance, on 14 November 2023, of 14,903,846 new shares of Celyad Oncology SA (the “Company”) to an affiliate of Fortress Investment Group.
As a result, the Company’s share capital has been increased to 88,378,224.25 EUR and is represented by 41,428,572 shares.
This information is published in accordance with Article 15 of the Belgian Law of 2 May 2007 on the disclosure of major participations in issuers whose shares are admitted to trading on a regulated market and regarding miscellaneous provisions.
Figures – Modified on 14 November 2023 following the capital Increase:

1440 Foods, Leading Portfolio of Sports and Active Nutrition Brands, to Accelerate Growth with Significant Investment from Bain Capital Private Equity, Alongside Existing Investor 4x4 Capital

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Mercredi, décembre 13, 2023

1440 Foods , (“1440”, or the “Company”), a leading portfolio of sports and active nutrition brands, today announced the signing of a definitive agreement for Bain Capital Private Equity (“Bain Capital”) to acquire a significant stake in the Company, in partnership with existing investor and operator 4x4 Capital .

Key Points:

1440 Foods , (“1440”, or the “Company”), a leading portfolio of sports and active nutrition brands, today announced the signing of a definitive agreement for Bain Capital Private Equity (“Bain Capital”) to acquire a significant stake in the Company, in partnership with existing investor and operator 4x4 Capital .
1440 Foods will continue to be led by Chief Executive Officer Azania Andrews and her current management team.
UBS Investment Bank is serving as financial advisor, KPMG is serving as accounting advisor, and Ropes & Gray is serving as legal counsel to Bain Capital.
PJT Partners is serving as financial advisor and Sidley Austin is serving as legal counsel to 1440 Foods and 4x4 Capital.

Fortress Announces Acquisition of Multi-Manager Platform, Hiring of Jeff Runnfeldt as Chief Investment Officer

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Lundi, décembre 11, 2023

Asset Management, Professional Services, Finance, Citadel, Fortress Investment Group, Acquisition, Federal Reserve Bank, Balyasny Asset Management, Bank examiner, PineBridge Investments, LP record, Mubadala Investment Company, San Francisco State University, California State University, Partnership, Fortification, Cryptocurrency, Security (finance), Science

Fortress Investment Group LLC (“Fortress”) today announced the acquisition of a global multi-manager hedge fund offering from PineBridge Investments and the hiring of Jeff Runnfeldt as Chief Investment Officer of a new global multi- manager investment platform, the Fortress Multi-Manager Group (“Fortress MMG”).

Key Points:

Fortress Investment Group LLC (“Fortress”) today announced the acquisition of a global multi-manager hedge fund offering from PineBridge Investments and the hiring of Jeff Runnfeldt as Chief Investment Officer of a new global multi- manager investment platform, the Fortress Multi-Manager Group (“Fortress MMG”).
)” As of the closing, this platform has been renamed Fortress Multi-Manager Group.
Mr. Runnfeldt will join the Fortress MMG leadership team in October 2024 as Chief Investment Officer.
Fortress co-CEOs Drew McKnight and Josh Pack said in a joint statement, “We are pleased to announce the acquisition of this multi-manager platform and to welcome Jeff, Todd and team to Fortress.

Starbucks Corporation Issues Statement in Response to SOC Nomination

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Mercredi, novembre 22, 2023

Starbucks Corporation (Nasdaq: SBUX) confirmed that it has received a notice of nomination by Strategic Organizing Center (SOC) Investment Group of three director candidates for election to the Starbucks Board of Directors at its 2024 Annual Meeting of Shareholders.

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Starbucks Corporation (Nasdaq: SBUX) confirmed that it has received a notice of nomination by Strategic Organizing Center (SOC) Investment Group of three director candidates for election to the Starbucks Board of Directors at its 2024 Annual Meeting of Shareholders.
Since its founding, Starbucks has been committed to a process of continuous improvement and transformation at all levels and has consistently sought to create opportunities for its partners.
That continues today through our ongoing dialogue with our partners, as well as all of our stakeholders.
Today, Starbucks has a diverse, engaged, and independent Board with a balanced mix of experience, skills, and perspectives.

Merchant Growth Secures $300 Million Forward Flow Facility with Fortress Investment Group to Refinance CEBA Loans

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Mercredi, décembre 6, 2023

Fortress Investment Group, Federation, Growth, Partnership, Fortification, Forgiveness, CEBA, Face, Bank

VANCOUVER, BC, Dec. 6, 2023 /CNW/ - Merchant Growth, a leading provider of financing for small businesses, is proud to announce a $300 million forward flow facility provided by funds managed by affiliates of Fortress Investment Group LLC ("Fortress") with Raymond James serving as the financial advisor to Merchant Growth Ltd.

Key Points:

VANCOUVER, BC, Dec. 6, 2023 /CNW/ - Merchant Growth, a leading provider of financing for small businesses, is proud to announce a $300 million forward flow facility provided by funds managed by affiliates of Fortress Investment Group LLC ("Fortress") with Raymond James serving as the financial advisor to Merchant Growth Ltd.
This facility supports Merchant Growth's plan to refinance thousands of Canada Emergency Business Account (CEBA) loans, enabling small businesses to capitalize on the partial debt forgiveness opportunity offered by the federal government.
Small businesses will be able to leverage funding via Merchant Growth to refinance their CEBA obligations, therein benefiting from the government's forgiveness offering.
"Fortress Investment Group is excited to collaborate with Merchant Growth in providing essential funding needs for small businesses.

Recover™ and Valdese Weavers Partner for Circularity in the Home Textiles Industry

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Jeudi, novembre 9, 2023

Valdese Weavers, the leading producer of decorative textiles in the United States for residential and contract markets, has partnered with global recycled cotton fiber producer, Recover, to transform the home textile industry.

Key Points:

Valdese Weavers, the leading producer of decorative textiles in the United States for residential and contract markets, has partnered with global recycled cotton fiber producer, Recover, to transform the home textile industry.
The two innovative textile leaders, both at different stages of the supply chain, intend to capitalize on their combined expertise to drive the use of sustainable materials in the industry.
The company understands the importance of choosing responsible raw materials, and already offers a collection of environmentally conscious products.
Blake Millinor, President of Valdese Weavers, commented: “We are proud to partner with Recover as a natural fiber platform for our customers searching for sustainable fabrics.

Village House Recognized for ESG Achievements

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Mercredi, octobre 18, 2023

Village House Management Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Tatsuhiko Iwamoto; hereinafter referred to as “Village House”) today announced that its rental housing management company, "Village House," has achieved a "2-star" rating in the GRESB Real Estate Assessment conducted in 2023.

Key Points:

Village House Management Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Tatsuhiko Iwamoto; hereinafter referred to as “Village House”) today announced that its rental housing management company, "Village House," has achieved a "2-star" rating in the GRESB Real Estate Assessment conducted in 2023.
Specific ESG achievements at the Village House properties include:
Renovation and refurbishment of more than 64,000 rental units to date, averaging more than 870 completed renovations monthly since acquisition, while maintaining very affordable average rent of ¥36,000 / $275 per month.
"We will continue to prioritize ESG considerations across the Village House properties and are confident that this commitment will add significantly to the value and returns of our investment."
“Village House will continue to work towards sustainable growth and the enhancement of long-term corporate value in the future.”

Credit Genie Secures $10 Million in Financing to Expand its Innovative Approach to Behavioral Finance and Personalized Budgeting

Retrieved on:

Vendredi, octobre 20, 2023

Behavior, Artificial intelligence, Risk management, Fortress Investment Group, Machine learning, Khosla Ventures, Bank

With the new funding, Credit Genie will expand its product line and hire top talent to scale its innovative approach to behavioral finance, budgeting and cash/credit management.

Key Points:

With the new funding, Credit Genie will expand its product line and hire top talent to scale its innovative approach to behavioral finance, budgeting and cash/credit management.
Credit Genie aims to help millions of people access efficient credit at fair rates to improve their financial wellbeing.
The platform also identifies patterns and predicts credit risk, resulting in more accurate credit scores and better lending decisions.
In connection with the latest round of financing, Credit Genie has also secured a credit facility with affiliates of Fortress Investment Group to help it finance its cash advance and credit card receivables.