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Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:17 EDTFIGFortress trading Bitcoins as part of deal for stake in Pantera, FT reports
Fortress Investment Group is swapping its $13M in Bitcoin holidings as part of a deal for a minority equity stake in Pantera Capital Management, the manager of the Pantera Bitcoin Partners fund, reported Financial Times. Reference Link
News For FIG From The Last 14 Days
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October 21, 2014
12:55 EDTFIGNathaniel August discusses long position in Fortress
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09:01 EDTFIGOmnisure announces sale to Fortress, affiliates
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October 10, 2014
18:46 EDTFIGFortress looking for $4B to acquire distressed debt, Bloomberg reports
Fortress Investment is seeking approximately $4.3B to buy distressed debt from around the world, Bloomberg reports, citing people familiar with the matter. The firm is looking for a $2B private-equity structured credit fund with the rest of the balance coming from managed accounts that will invest alongside the deals, two people familiar with the plans added. Reference Link

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