Sign up for free newsletter

 

Closed sign

Fortress successfully closes transportation and infrastructure fund


Fortress Investment Group has held the successful close of Fortress Worldwide Transportation and Infrastructure Investors (FTAI) at its cap of USD995 million in total commitments. 

FTAI was originally raised as a USD395 million fund; this was followed by a subsequent “top up” private capital raise of USD600 million of additional capital commitments.

FTAI brings together a diverse mix of high yielding transportation assets and value-add infrastructure projects. Its portfolio includes aviation, shipping, offshore energy and rail assets and infrastructure, including airplanes, jet engines, shipping containers, intermodal equipment, offshore energy vessels, as well as railway lines, railcars and terminals.

“The environment for investing in transportation assets and infrastructure remains strong,” says Wes Edens, Fortress Co-Chairman and Head of Private Equity. “We’re pleased with the Fund’s investments to date, and so are our investors, as evidenced by this successful “top up” capital raise. We expect FTAI’s portfolio to continue to expand and diversify, driving value for investors and focusing on investments that have strong long term growth potential.”

events
10 hours 13 min from now - London
5 days 10 hours from now - London
6 days 10 hours from now - New York
6 days 10 hours from now - London
1 week 3 hours from now - London
listingsdirectory
Meyler Capital
Tue, 06/09/2016 - 15:57
Nasdaq
Tue, 30/08/2016 - 11:02
Edelman
Thu, 18/08/2016 - 10:14
training
Thu, 29/09/2016   - London
Thu, 29/09/2016   - London
Mon, 03/10/2016   - London
specialreports
other gfm publications