SoftBank Group Mulls Possibility of Fortress Investment Group acquisition.
SoftBank could choose to sell Fortress Investment Group outright or offer the firm to some of its institutional investors, said the people. A sale could occur soon. The New York Fortress had $49 billion in assets under management on June 30. Over the past year, Son's SoftBank has placed some of its portfolio companies, including video site Snap Inc. and ride-sharing company Uber Technologies Inc. A sale of Fortress would come on the heels of a...