Fortress Investment Group LLC


  • NEW YORK, March 31- Investor Phil Falcone, whose Harbinger Capital Partners owns bankrupt wireless company LightSquared, on Monday said he always intended to cut the debt claims of LightSquared's largest creditor, Dish Network Corp Chairman Charlie Ergen.

  • Ares Management prepares to file for IPO -sources Thursday, 27 Mar 2014 | 5:40 PM ET

    March 27- Ares Management LLC, the credit investment and private equity firm that has been pitched on the idea of an initial public offering for more than a year, is finally close to registering to go public, according to two people familiar with the matter. JPMorgan Chase& Co and Bank of America Corp will be among the underwriters, they added.

  • NEW YORK, March 26- Carlyle Group LP is considering buying a traditional money manager to broaden its own investment platform, as the private equity firm tries to attract more retail investors and achieve the higher stock market valuation commanded by such managers, according to sources familiar with the situation.

  • Since the start of the SEC's fiscal year on Oct. 1, the agency's win rate has dropped to 58 percent, from about 80 percent in recent years. 1. SEC v AIC, Inc, et al. 3. SEC v True North Finance Corp, et al.

  • *Bitcoin exchange files for Ch. 11- type bankruptcy protection in Japan. *Investor lawsuit filed in Chicago seeking to recoup losses.

  • TOKYO, Feb 26- Goldman Sachs Group Inc is considering putting money into a major Japanese airport, the latest foreign investor to eye infrastructure projects as Prime Minister Shinzo Abe seeks to open up the market.

  • NEW YORK, Feb 21- Citigroup Inc has been approached by Fortress Investment Group LLC and some other private equity firms about a potential deal for its consumer finance business, OneMain Financial, according to two people familiar with the situation.

  • New York, Feb 3- An investment vehicle owned by Dish Network Corp Chairman Charles Ergen is joining an existing lender group to extend $33 million in financing to bankrupt wireless company LightSquared, court filings show. LightSquared's equity owner, Phil Falcone's Harbinger Capital Partners, is fighting to keep control of the company in a messy bankruptcy.

  • NEW YORK, Jan 31- LightSquared Inc and its various creditors are in talks to devise a consensual plan to restructure the wireless company's assets and end its bankruptcy, the company told a judge on Friday.

  • NEW YORK, Jan 16- Phil Falcone, the billionaire investor whose Harbinger Capital Partners owns wireless satellite company LightSquared, said Thursday he expended considerable energy in 2012 and 2013 trying to work out who was buying up LightSquared's debt.

  • NEW YORK, Jan 13- Dish Network Corp Chairman Charles Ergen said on Monday he had bought LightSquared's secured debt because it was a "great investment," and said he did so on his own behalf and not for Dish.

  • NEW YORK, Jan 9- Satellite television company Dish Network Corp has withdrawn its $2.2 billion bid to buy bankrupt wireless broadband company LightSquared Inc, throwing the future of LightSquared's valuable spectrum rights into further doubt.

  • Jan 6- A section of LightSquared Inc lenders are opposing the company's decision to seek a new financing arrangement as part of its plan to exit bankruptcy, the latest attack in a highly litigious case involving competing business interests.

  • Dec 26- LightSquared is proposing a new bankruptcy exit plan with financing from Fortress Investment Group and other backers, as the U.S. wireless communications company seeks to avoid a sale to highest bidder Dish Network Corp..

  • The plan is backed by Fortress Investment Group, Melody Capital Advisors, JPMorgan Chase& Co and Harbinger Capital Partners, according to papers filed in Manhattan's U.S. Bankruptcy Court on Tuesday.

  • The plan is backed by Fortress Investment Group, Melody Capital Advisors, JPMorgan Chase& Co and Harbinger Capital Partners, according to papers filed in Manhattan's U.S. Bankruptcy Court on Tuesday.

  • Private equity looking at all things that crumble Friday, 15 Nov 2013 | 3:18 PM ET
    Bridge collapse on I-5 near Mount Vernon, Wash., May 23, 2013

    Large asset managers are heralding infrastructure investing given crumbling pipes, ports and power plants--and broke governments.

  • Fortress-owned Intrawest Resorts files to go public Tuesday, 12 Nov 2013 | 8:02 AM ET

    Nov 12- Mountain resort operator Intrawest Resorts Holdings, owned by private equity firm Fortress Investment Group LLC, filed with U.S. regulators to raise up to $100 million in an initial public offering of common stock.

  • Gaming exec slams bribery rules; says AC is "OVER" Friday, 8 Nov 2013 | 5:03 PM ET
    Boardwalk, Atlantic City.

    The Foreign Corrupt Practices Act is hampering U.S. business expansion abroad, especially in the gambling industry. Now bets are moving to Asia.

  • Squawking Twitter IPO, Hank Paulson, & BBQ squirrel Friday, 13 Sep 2013 | 8:24 AM ET

    Talking Squawk—the official blog of everything "Squawk Box"—is back from hiatus and chock-full of goodies.

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