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Today we'll look at Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) and reflect on its potential...
This page was last edited on 6 February 2025, at 17:05 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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It was organized in 1988 to own US Steel's railroad and other transportation subsidiaries. In the third quarter of 2021 it will be taken over by Fortress Transportation and Infrastructure Investors. [1] Transtar owns or has owned the following companies:
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Fortress Investment Group LLC was founded in 1998 in New York City as a private equity firm in 1998 by Wesley R. Edens, a former partner at BlackRock; Rob Kauffman, a managing director at UBS; Randal A. Nardone, also a managing director at UBS; Michael Novogratz, a former partner at Goldman Sachs; and Pete Briger, also a former partner at Goldman Sachs.