How the Fortress Investment Group is supporting infrastructure development

The transport and infrastructure arm of the Fortress Investment Group has been looking at various areas to invest in. They are aware of the numerous opportunities presenting themselves, but given their expertise, they are able to sieve through them to only invest in the most viable and once that promise long-term success. One of these areas has been in the private rail business. Brightline which runs private passenger trains was acquired by the Fortress Investment Group and has gone on to become one of the most lucrative investments for the group. The company has invested quite a lot in the Miami to West Palm Beach route. The company focused on too short to fly yet too long to drive routes in the area. They recently opened the Miami to Fort Lauderdale route which would reduce the journey to approximately 35 minutes all for a price of ten dollars. This route is usually a nightmare for travellers, especially at rush hour where traffic can turn the otherwise short drive into a two-hour nightmare. It is especially bad when there is an accident or some eventuality that tampers with the normal flow of traffic.

The Fortress Investment Group through Brightline hopes to continue with these kinds of investments going forward even after their acquisition by SoftBank. The investment bank was looking for an investment vehicle that was able to support their expansion into the United States. The 3.3 billion deal saw the group which was formerly listed on the NYSE become a private company once more. They are determined now more than ever to grow their operations in virtually all areas that they had before while at the same time looking for more opportunities elsewhere. This includes in real estate as indicate by their deal to acquire 20 Times Square in New York. In technology, they recently announced a 20 million dollar credit facility for iPass a company that provides WIFI via hotspots. They are one of the biggest providers of hotspot technology and other related connectivity tech. The Fortress Investment Group are also enjoying the backing of a well-financed new owner.

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