Textbroker: Fortress Investment Group

Please recap one of the following articles about Fortress Investment Group posted on:

- patch.com (May 15, 2018)

- gazetteday.com (January 3, 2019)
- chronicleweek.com (August 9, 2018)
- premiergazette.com (March 6, 2019)

**IMPORTANT: Any writer caught spinning will be immediately blocked. Do not write more than 3 of these
articles. **

Please also include an original title that includes the keyword "Fortress Investment Group" and please
mention the company's name 5-6 times throughout the article.

Research/Outline
- Softbank Background
- Began in 1981 as PC software wholesaler
- Moved into computer trade show and magazine publishing in the early ninties
- 1996 achquired Yahoo!
- Now holds over 400 internet companies
- Specialize in tech startups
- Known for maxamizing profits and revenue

Introduction: intorduce Fortress

Discuss Fortress background

- Fortress Investment BAckground
- NYC founded and based
- Alternative asset manager
- Founded by CEO Randy Nardone and co-chair Wes Edens in 1998

Fortress Notable accomplishments

- RAIL SERVIES/Private Infrastructure Investments
- Known for their ownership of All Aboard Florida, which is a rail service
- Fought for 2billion dollars in government bonds, to expand rail services
specifically around Orlando
- Successful move to better Florida infrastructure, and reduce carbon
emmisions by cars
- Direct rail service from LA to Las Vegas

Softband Acquisition
 - SoftBank acquired Fortress Investment Group
- Fortress Investment Group is a investment management firm
- Japanese
- One of the largest in the world
- $3.3 billion dollar acquisition
- Hands-off

Things that are Different/Good about acuisition

- Hands off
- Allow fortress to remain based in NYC
- Makes Fortress Investment group the first private equity firm to be delisted from
the NEw York Stock Exchange, and they are excited about it
- No longer affected by shareholder report, which removes the element of
shareholder impatience and market slowdowns, less scrutiny placed on them and
space to get the job done.

Draft
Fortress Investment Group is an alternative asset manager which has been making notable
investments in the United States since its founding in 1998 by CEO Randy Nardone and Co-
chair Wes Edens. Today, Fortress remains a leader in alternative asset management, and
continues to surprise the world by making unique and forward-thinking investments. Recently,
Fortress Investment Group was acquired by SoftBank, a Japanese investment management
group, which has shocked and excited many.

To begin, it is important to understand why Softband would want to invest in Fortress

Investment Group. Many recognize Fortress for its notable investments, most specifically its
bold moves in rail services and private infrastructure investment. All Aboard Florida is a rail
service owned by Fortress, and which hopes to expand and innovate the railway infrastructure
in Florida and in the south. Through All Aboard Florida, Randy Nardone and Wes Edens have
fought and been awarded two billion dollars in government bands for the purpose of expanding
the rail services, specifically in the Orlando area. In this way, Fortress has made huge strides in
successfully reducing carbon emissions by cars in Florida. Further, Fortress Investment is also
known for its moves to create a direct rail service from global business hubs Los Angeles and
Las Vegas.

For these reasons and many more, SoftBank bought Fortress Investment Group and excited
many for the potential of the collaboration. SoftBank is a Japanese investment management
group, and it is one of the largest in the world. The acquisition of Fortress cost SoftBank $3.3
billion dollars.
SoftBank is known for Maximizing profits and revenue. Therefore, many are looking to the
potential benefits of these two leaders and powerhouses coming together, and at the unique
circumstances of this acquisition. Interestingly, SoftBank has said that it will take a hands off
approach, allowing fortress to remain based in New York City. This is unique in this kind of
acquisition. Also, Fortress is no longer affected by shareholder reports since it is now privately
owned. That removes some of the negative aspects of shareholder investment, such as being
beholden to a shareholder report and opened to scrutiny by impatient investors. Removing
shareholders from the equation allows Fortress the space to focus on doing the best job they
can do, despite temporary setbacks such as market slowdowns.

Final