Fortress Investment Group Broadens Their Horizons

According to an article Daily Forex Report , there are big changes coming to Fortress Investment Group as they and their partners pioneer into the latest in technology , transportation , and tourism. Another recent change to the investment group is that they recently decided to take their company private again after years of public trading. The move surprised many since it is something that has not been done by other investing firms before. The company’s new ventures have it working from coast to coast with some unlikely partners.

One of these partners , iPass , is a leader in global connectivity , primarily in Wi-Fi hot spots. As Wi-Fi becomes in greater demand iPass is set to greatly expand their networks. Fortress made a smart investment when gave this technology leader 10 million to expand its network , a move that the investing group thinks will be very lucrative in the near future. Read more on bizjournals.com

In another interesting move the group is taking on transportation in the United States. Brightline , a high speed rail project by Fortress Investment Group , has been approved in Orlando with plans to eventually have a line through most of Florida. Another rail line that the company is excited to start is one running from Las Vegas to Los Angeles. This will reduce the time spent traveling between the two cities by 3hours.

In the field of tourism and entertainment , Fortress Investment Group has set their eyes on one of the most recognizable spots in the United States. Times Square will be the new home of the TSX building. The building will be a new attraction that will offer innovative dining and entertainment experiences. The design of the building will combine the past with present, merging the new skyscraper with the historic Palace Theater.

Fortress Investment Group has many exciting prospects in the next decade. This company has aligned itself with partners who are at the forefront of some major industries. The future looks bright for this investment group.

Read more: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=666715

 

Leave a Reply

Your email address will not be published. Required fields are marked *