Fortress Launches Third SPAC of 2020

The credit driven investment giant is aiming to raise at least $200 million for another SPAC.

(Alex Kraus/Bloomberg)

(Alex Kraus/Bloomberg)

Fortress Investment Group is gearing up to launch its fourth blank check company — and its third this year alone.

In fact, the hedge fund firm is raising money for another SPAC even though the prior one has not yet reached a deal with a partner.

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