Media, News & Insights

Fortress Anchors $225 Million Equity Investment in First Foundation Inc.

July 2, 2024


"We are pleased to anchor this over $225 million recapitalization of First Foundation, which we believe will further position the Company for long term growth and profitability,” said Drew McKnight, co-CEO of Fortress Investment Group. “Our due diligence over the past few months confirms First Foundation has built a banking franchise with significant competitive advantages, including a leading presence in dynamic and expanding markets in Texas, California and Florida."