UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 18, 2015

 

 

Fortress Investment Group LLC

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction

of incorporation)

 

001-33294   20-5837959

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1345 Avenue of the Americas, 46th Floor

New York, New York

  10105
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (212) 798-6100

N/A

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01. Other Events.

On June 18, 2015, Fortress Investment Group (the “Company”) issued a press release announcing the successful close of Fortress Real Estate Opportunity Fund II.

The full text of the press releases is included in Exhibit 99.1 hereto.

 

Item 9.01. Financial Statements and Exhibits.

 

  (d) Exhibits.

 

Exhibit
Number

  

Description

99.1    Press release, dated June 18, 2015, issued by Fortress Investment Group LLC

 

2


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

FORTRESS INVESTMENT GROUP LLC
(Registrant)

/s/ David N. Brooks

David N. Brooks
General Counsel

Date: June 18, 2015

 

3


EXHIBIT INDEX

 

Exhibit
Number

  

Description

99.1    Press release, dated June 18, 2015, issued by Fortress Investment Group LLC

 

4



Exhibit 99.1

 

LOGO

Fortress Raises $1.0 Billion for Latest Opportunistic Credit Real Estate Fund

 

 

New York, NY. June 18, 2015 – Fortress Investment Group LLC (NYSE: FIG) announced today it has raised $1.0 billion for its latest opportunistic Credit Real Estate fund, Fortress Real Estate Opportunities Fund (“FROF”) II. The fund, which began fundraising in 2014, closed at its cap of $1.0 billion. With the completion of this fundraise, the Fortress Credit Real Estate funds have accepted nearly $2 billion of new capital over the last twelve months.

Approximately 50% of FROF II’s commitments come from public and corporate pensions, endowments and foundations. Approximately 20% of the fund’s capital has already been committed or invested in the U.S. and Europe. FROF II is a successor fund to FROF I and related funds, which launched in September 2011 with approximately $625 million in commitments.

Fortress’s Credit Real Estate Opportunities Funds are private equity style funds that focus on opportunistic investments in distressed and undervalued commercial real estate assets, primarily in the U.S. and Europe. Since 2003, Fortress’s Credit Real Estate team has invested approximately $8 billion of capital in opportunistic real estate globally.

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment firm with $69.9 billion in assets under management as of March 31, 2015. Founded in 1998, Fortress manages assets on behalf of approximately 1,700 institutional clients and private investors worldwide across a range of private equity, credit, liquid hedge funds and traditional asset management strategies. Fortress is publicly traded on the New York Stock Exchange (NYSE: FIG). For additional information, please visit www.fortress.com.

Contact:

Gordon E. Runté

212-798-6082

 

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