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Advising SoftBank on sale of equity in Fortress Investment Group

May 31, 2024

Our work
A man in a business suit signing a legal contract.

What happened?

We acted as Cayman Islands counsel to SoftBank in connection with the sale of equity it held in Fortress Investment Group ("Fortress") to Mubadala Investment Company (through its wholly owned asset management subsidiary, Mubadala Capital).

Fortress manages US$48.0 billion of assets under management as of 31 December 2023, on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. With the close of the transaction, Fortress management now owns a 32% equity interest in Fortress and a consortium led by Mubadala Capital owns 68% of equity in Fortress.

What was our role?

Our team was led by Investment Funds partners Melissa Lim, Bicrom Das and Christopher Brett Young and supported by Regulatory partners Lucy Frew and Andrew Howarth. Morrison & Foerster LLP acted as U.S. legal counsel to SoftBank.

Asset Management & Investment FundsFintechRegulatory & ComplianceSpecialist SolutionsCayman Islands

Media contact

Emily Hirsch

Communications and Digital Marketing Manager - Americas/Cayman Islands

T/+1 345 814 6805
M/+1 345 936 6805
E/Email Emily Hirsch

Solution areas

Asset Management & Investment FundsRegulatory & ComplianceSpeicalist SolutionsFintech

Key contacts

Get in touch with our team

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Melissa Lim
Melissa Lim

Melissa Lim

Partner

Cayman Islands

T

+1 345 814 4512

M

+1 345 525 4512

E

Email Melissa Lim
View profile
Bicrom Das
Bicrom Das

Bicrom Das

Partner

Cayman Islands

T

+1 345 814 4606

M

+1 345 525 4606

E

Email Bicrom Das
View profile
Christopher Brett Young
Christopher Brett-Young

Christopher Brett Young

Partner

Cayman Islands

T

+1 345 814 4598

M

+1 345 925 4598

E

Email Christopher Brett Young
View profile
Lucy Frew
Lucy Frew profile image

Lucy Frew

Partner

Cayman Islands

T

+1 345 814 4676

M

+1 345 939 4676

E

Email Lucy Frew
View profile
Andrew Howarth
Andrew Howarth

Andrew Howarth

Partner

Cayman Islands

T

+1 345 814 4561

M

+1 345 926 4561

E

Email Andrew Howarth
View profile

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