Fortress Management and Mubadala Capital Acquire Fortress Investment Group from SoftBank

Mubadala Capital Acquires 42% Stake in Silver Rock Financial LP

December 6, 2024

Financial Services

Abu Dhabi-based Mubadala Capital acquired a 42% minority stake in U.S. private credit manager Silver Rock Financial LP through a mix of cash and Mubadala capital stock, with an option to increase to 50%. The deal brings Silver Rock principals and M‑Cor (the Milken family office) into Mubadala Capital’s asset management platform while preserving Silver Rock’s operational independence and management leadership; the transaction is expected to close by Q2 2025.

Fortress Acquires Gyptech

November 27, 2024

Building Products

Funds managed by affiliates of Fortress Investment Group have acquired a majority stake in Gyptech, the Burlington, Ontario–headquartered designer and fabricator of gypsum wallboard and asphalt-shingle manufacturing equipment. The transaction (in which Gyptech management retains a minority stake) was announced as providing strategic support for global growth, scaling innovative technologies, and expanding aftermarket and energy‑reduction offerings; Wynnchurch Capital is the selling private equity sponsor. Moelis acted as Fortress's financial advisor and Evercore as placement agent on the financing.

Fortress Investment Group Makes $130M Minority Investment in Nassau Financial Group

September 1, 2023

Financial Services

Fortress Investment Group invested $130 million in Nassau Financial Group, acquiring a minority non-voting common equity stake (approximately 7.7%) as part of a strategic partnership that closed on September 1, 2023. The deal includes a long-term Investment Management Agreement giving Nassau's insurance subsidiaries access to Fortress' credit strategies; Golden Gate Capital remains Nassau's majority shareholder.

Mubadala Capital Acquires Majority Stake in Bugaboo Group from Bain Capital

July 21, 2024

Consumer Products

Mubadala Capital has agreed to acquire a majority stake in Bugaboo Group, the Dutch maker of premium strollers and parenting products, with Bain Capital retaining a minority position. The deal, which remains subject to works council consultation and customary regulatory approvals, is intended to support Bugaboo's expansion into growth markets and to accelerate consolidation in the juvenile products sector.

Mubadala Capital Acquires CI Financial in C$12.1B Take-Private

August 13, 2025

Financial Services

Mubadala Capital, through its investment vehicle MC Accelerate Co‑Invest LP, completed a take‑private acquisition of CI Financial Corp. for C$32.00 per share, in a transaction implying an enterprise value of approximately C$12.1 billion. CI will remain headquartered in Toronto and operate under its existing management and brands while gaining access to Mubadala Capital's global network and capital to accelerate its private wealth and U.S. expansion.

Fortress, Canyon Partners and Others Invest $228M in First Foundation

July 9, 2024

Financial Services

First Foundation closed a $228 million equity financing with investments from affiliates of Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, North Reef Capital and other investors. The company issued common and preferred shares and seven‑year warrants in the transaction; Jefferies served as exclusive placement agent. The capital is intended to strengthen First Foundation's balance sheet and support its growth as a regional bank and wealth manager.