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.”


Subscribe to free daily newsletter
latestjobs
Institutional EM Sales - NYC

Fri, 04 Sep 2015 00:00:00 GMT

CIB Syndications Analyst

Fri, 04 Sep 2015 00:00:00 GMT

Senior Model Validation Quant

Fri, 04 Sep 2015 00:00:00 GMT

events
3 days 21 hours from now - New York
4 days 21 hours from now - New York
1 week 2 days from now - London
1 week 3 days from now - California
specialreports