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FIG.XX News

By land, by sea, by air: Fortress Transportation and Infrastructure LLC sets terms for $400 million IPO

Fortress Transportation and Infrastructure Investors LLC, an LLC formed by Fortress to own aviation, rail and marine transportation assets, announced terms for its IPO on Monday. The New York, NY-based company plans to raise $400 million by offering 20...read more

AutoGenomics refiles again for a $60 million IPO

AutoGenomics, which provides a molecular diagnostics system for genetic testing in clinical laboratories, refiled on Tuesday with the SEC to raise up to $60 million in an initial public offering. The company last tried to go public in February 2013, when...read more

Alternative asset manager Ares Management sets terms for $400 million IPO

Ares Management, LP, an alternative asset management firm with $74 billion in AUM, announced terms for its IPO on Tuesday. The Los Angeles, CA-based company plans to raise $400 million by offering 18.2 million units (38% insider) at a price range of $21 to $23. ...read more

Fortress Investment Group prices at high end of range

FIG

Fortress Investment Group, an alternative asset manager that manages private equity funds and hedge funds, priced at $18.50, the high end of its $16.50 to $18.50 range, Thursday afternoon. The deal consisted of 34,286,000 shares. Goldman Sachs and Lehman...read more