 The agreement was announced on January 5, with Varde Partners also taking part in the purchase.In 2020, Fortress Investment increased its bid for Japanese company Unizo to roughly $1.6 billion.In 2006, Fortress-managed Funds acquired Canadian ski resort operator Intrawest, North America's largest ski resort operator that also operated luxury adventure travel brands such as Abercrombie & Kent, which was sold in August, 2016.