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Fortress Investment Group Appoints Damola Adamolekun As CEO of Rl Investor Holdings Llc

PRIVATEAug 26, 2024almost 2 years ago

Position

Managing Director

Company

Investment Group

Steven Parrinello
New YorkFinancial ServicesInvestment Management

Description

Fortress Investment Group announces the appointment of Damola Adamolekun as the CEO of RL Investor Holdings LLC, a new entity seeking bankruptcy court approval to acquire the Red Lobster restaurant chain from Red Lobster Management LLC. Upon court approval, Adamolekun will lead the reorganized Company, which will continue to operate independently with 544 locations across 44 U.S. states and four Canadian Provinces.

Company Information

Company

Investment Group

Location

New York, New York, United States

About

Fortress Investment Group is a leading, highly diversified global investment manager with US$ 48 billion of assets under management. It manages assets on behalf of over 1,900 institutional clients and private investors worldwide across a range of investment strategies.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.