Fortress Investment Group Acquires Marathon Patent Group Under DBD Credit

The strategic and successful alternative asset investment firm Fortress Investment Group acquires one of the leaders in intellectual property management, Marathon Patent Group as part of a restructuring agreement that transfers certain intellectual property from Marathon’s diverse portfolio into a new entity called DBD Credit Funding LLC a subsidiary arm of Fortress. Marathon Patent Group is attempting to invest in research and development of various intellectual properties to create strong IP assets that can be monetized in order to continue reinvestment and provide appropriate utilization of global investment opportunities to streamline their business in the technology field. By teaming up with Fortress Investment Group, Marathon can relinquish the monetization of their assets in intellectual property and patents to a seasoned veteran investment firm that has shown a strong track record of capitalizing on investment opportunities in distress, underperforming, illiquid, and intangible assets.

The leadership of Co-Chief Executive Officers Wes Edens and Peter Briger has provided strong leadership and intellectual prowess that has generated decades of positive lucrative returns on investment for their more than 1750 institutional and individual clients from around the globe. The Chief Executive Officer of Marathon Patent Group Doug Croxall has shown strong insight and perspective in the relinquishing of the investment portion of his patent company so that the strength which is the intellectual capital, research and development can be concentrated on to provide new forms of technological advances that will create revolutionary patents and intellectual property that can be sold and monetized with the assistance of Fortress Investment. The day-to-day operations and maintenance of the company’s intellectual property will remain under the control and direction of Doug Croxall as Chief Executive Officer and will continue to provide high-level intellectual direction and corporate guidance for Marathon Patent Group.

However, the direction of the newly-created DBD Credit Funding a subsidiary of Fortress Investment Group will take the lead on the appropriate evaluation and valuation of the intellectual property created at Marathon and provides opportunities to reinvest resources needed to generate profitable advances in the technology and innovation within the Patent Company.Wes Edens Co-Chief Executive Officer of Fortress has been a leading member of the organization by providing a high-level evaluation of various alternative investment categories that has generated tremendous success for the organization over the years. Also, Peter Bridger has served as the other Co-Chief Executive Officer and President of the Credit Business at Fortress and also has led in the evaluation of various distressed and underperforming asset classes and has developed a reputation of one of the savviest investors in this realm of investing. With the acquisition of Marathon Patent Group, Fortress is continuing to expand their current portfolio into the IP investment industry and capitalize on the intellectual property of this highly successful patent company. After the successful acquisition of Marathon Patent Group, Fortress Investment Group will be adding another valuable asset to its current portfolio that has more than $35 billion in assets under management and will continue to grow and expand into various alternative asset classes to generate continuously profitable returns on investment.

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