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Opportunity for Fortress Investment Group’s Brightline Following Rebranding to Virgin Trains USA

As of September 30, 2018, Fortress was managing close to $42.1 billion worth of assets, making it one of the leading global investment management firms in the world. Over 1700 clients and private investors have trusted Fortress with their assets in hedge funds, private equity and credit funds. It goes to show the amount of credibility bestowed upon the 20-year old company.

In the recent past, Fortress Investment Group has been spreading its wings to other sectors of the service industry. The company entered into an agreement with Richard Branson’s to have Virgin Group lend its brand to Brightline to become Virgin Trains USA. Currently, Brightline has operations in cities such as Fort Lauderdale, Miami and West Palm Beach.

The Project, if successfully undertaken by the Fortress Investment Group, will see the revival of US Train service in a profitable. Brightline is the first privately funded intercity passenger train service in the US over the past century. The Virgin Trains USA will take train service monopoly from Amtrak Service which is subsidized by the federal government. Read more about Fortress Investment Group Reviews at indeed.com

Fortress Investment Group under the leadership of Wes Edens has a vision to expand the train service to other parts of the country. With a little investment from Richard Branson, the company is committed to revolutionizing the commuter train service, expand its operations to benefit residents of other cities. Currently, plans are underway to open up operations in Orlando and Tampa and later between Las Vegas and California. Similar deals across the US will see Virgin Group benefit from a small percentage of stake at the new Virgin Trains USA. Fortress Investment Group will retain the management of the company through its executives and affiliates.

Richard Branson cites shared vision and the common goal of transforming US rail service, as one of the things that have made it easy to strike a deal with Fortress Investment Group. 2019 presents more significant opportunities for the new brand as it seeks to expand more to other areas. Virgin Hotels, Virgin Atlantic and Virgin Voyages are also set to benefit from the expansion.

Website: https://www.fortress.com/about

 

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