Dossier
Fortress Investment Group
Coverage of Fortress Investment Group in the Nexus archive.
- The train that derailed a private equity titan
Fortress Investment Group's intercity passenger rail project in Florida is described as a financial calamity. The title metaphorically refers to the project as derailing a private equity titan.
- Red Lobster's 37-year-old CEO betting on nostalgia, AI to fuel chain's comeback after bankruptcy
Red Lobster's 37-year-old CEO Damola Adamolekun is leading a comeback strategy using nostalgia and AI after the chain filed for Chapter 11 bankruptcy in 2024. The company closed underperforming locations and has shifted focus to employee engagement and limited-time promotions like endless shrimp.