UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Amendment No. 3
Under the Securities Exchange Act of 1934
Information to be included in statements filed
pursuant to Rule 13D-1(A) and Amendments
thereto filed pursuant to Rule 13D-2(A)
Global Signal Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
37944Q 10 3
--------------------------------------------------------------------------------
(CUSIP Number)
Randal A. Nardone
Secretary
Fortress Registered Investment Trust
c/o Fortress Investment Group LLC
1251 Avenue of the Americas
New York, New York 10020
(212) 798-6100
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
COPY TO:
Joseph A. Coco, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square
New York, New York 10036
(212) 735-3000
May 26, 2005
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g),
check the following box. [ ]
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 2 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FRIT PINN LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
WC/AF
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-19,162,248-
OWNED BY
----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
-0-
REPORTING
----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
-19,162,248-
WITH
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-19,162,248-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
28.0% (based on 68,475,582 shares of common stock outstanding as
of May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 3 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Registered Investment Trust
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
WC/AF
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
-----------------------------------------------------
SHARES 8 SHARED VOTING POWER
-20,306,252*- (inclusive of 644,000
BENEFICIALLY shares issuable upon exercise of options
beneficially owned by the reporting
OWNED BY person which are exercisable as of or
within 60 days of May 26, 2005)
EACH ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING -0-
------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
-20,306,252*-
WITH
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-20,306,252-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.4% (based on 68,475,582 shares of common stock outstanding as of
May 26, 2005 and including 644,000 shares issuable upon exercise of
options beneficially owned by the reporting person which are
exercisable as of or within 60 days of May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
* 19,162,248 shares solely in its capacity as the sole member of FRIT PINN LLC.
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 4 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Pinnacle Investment Fund LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
WC
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-5,137,444-
OWNED BY
----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
-0-
REPORTING
----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
-5,137,444-
WITH
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-5,137,444-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.5% (based on 68,475,582 shares of common stock outstanding as of
May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IV
-------------------------------------------------------------------------------
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 5 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FIG Advisors LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-5,137,444-
OWNED BY
----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
-0-
REPORTING
----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
-5,137,444-
WITH
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-5,137,444-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.5% (based on 68,475,582 shares of common stock outstanding as of
May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IA
-------------------------------------------------------------------------------
* Solely in its capacity as the investment advisor of Fortress Pinnacle
Investment Fund LLC
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 6 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert H. Gidel
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-25,000-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-5,137,444*-
OWNED BY
----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
-25,000-
REPORTING
----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
-5,137,444*-
WITH
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-5,162,444-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.5% (based on 68,475,582 shares of common stock outstanding as of
May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------------------------------------------------------------------------
* Solely in his capacity as the sole manager of Fortress Pinnacle Investment
Fund LLC.
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 7 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Investment Fund LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-20,306,252*- (inclusive of 644,000
OWNED BY shares issuable upon exercise of options
beneficially owned by the reporting
EACH person which are exercisable as of or
within 60 days of May 26, 2005)
REPORTING ----------------------------------------------------
9 SOLE DISPOSITIVE POWER
PERSON -0-
WITH ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
-20,306,252*-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-20,306,252-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.4% (based on 68,475,582 shares of common stock outstanding as
of May 26, 2005 and including 644,000 shares issuable upon exercise
of options beneficially owned by the reporting person which are
exercisable as of or within 60 days of May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
* Solely in its capacity as the holder of all issued and outstanding shares of
beneficial interest of Fortress Registered Investment Trust.
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 8 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Fund MM LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-20,306,252*- (inclusive of 644,000
OWNED BY shares issuable upon exercise of options
beneficially owned by the reporting
EACH person which are exercisable as of or
within 60 days of May 26, 2005)
REPORTING ----------------------------------------------------
9 SOLE DISPOSITIVE POWER
PERSON -0-
WITH ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
-20,306,252*-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-20,306,252-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.4% (based on 68,475,582 shares of common stock outstanding as
of May 26, 2005 and including 644,000 shares issuable upon exercise
of options beneficially owned by the reporting person which are
exercisable as of or within 60 days of May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
* Solely in its capacity as the managing member of Fortress Investment Fund LLC.
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 9 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FIT GSL LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
WC
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-4,705,883-
OWNED BY
----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
-0-
REPORTING
----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
-4,705,883-
WITH
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-4,705,883-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.9% (based on 68,475,582 shares of common stock outstanding as of
May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 10 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Investment Trust II
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-4,705,883-*
OWNED BY
----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
-0-
REPORTING
----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
-4,705,883-*
WITH
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-4,705,883-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.9% (based on 68,475,582 shares of common stock outstanding as of
May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
* Solely in its capacity as the holder of all issued and outstanding shares of
beneficial interest of FIT GSL LLC.
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 11 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Investment Fund II LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-4,705,883-*
OWNED BY
----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
-0-
REPORTING
----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
-4,705,883-*
WITH
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-4,705,883-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.9% (based on 68,475,582 shares of common stock outstanding as of
May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
* Solely in its capacity as the holder of all issued and outstanding shares of
beneficial interest of Fortress Investment Trust II.
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 12 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Fund MM II LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-4,705,883*-
OWNED BY
----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
-0-
REPORTING
----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
-4,705,883*-
WITH
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-4,705,883-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.9% (based on 68,475,582 shares of common stock outstanding as of
May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
* Solely in its capacity as the managing member of Fortress Investment Fund II
LLC.
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 13 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Investment Group LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-31,047,839*- (inclusive of 644,000 shares
OWNED BY issuable upon exercise of options beneficially
owned by the reporting person which are
EACH exercisable as of or within 60 days of May 26,
2005)
REPORTING ----------------------------------------------------
9 SOLE DISPOSITIVE POWER
PERSON -0-
WITH ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
-31,047,839*-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-31,047,839-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
44.9% (based on 68,475,582 shares of common stock
outstanding as of May 26, 2005 and including 644,000 shares
issuable upon exercise of options beneficially owned by the
reporting person which are exercisable as of or within 60 days
of May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
* 4,705,883 shares solely in its capacity as the managing member of Fortress
Fund MM II LLC, 25,443,696 solely in its capacity as the managing member of
Fortress Fund MM LLC and as the holder of all issued and outstanding shares of
beneficial interest of FIG Advisors LLC, and 898,300 shares solely in its
capacity as the managing member of Drawbridge Global Macro Fund Advisors LLC.
SCHEDULE 13D
-------------------------------------------------------------------------------
CUSIP No. 37944Q 10 3 Page 14 of 17 Pages
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Investment Holdings LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
-0-
SHARES
---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
-31,047,839*- (inclusive of 644,000 shares
OWNED BY issuable upon exercise of options beneficially
owned by the reporting person which are exercisable
EACH as of or within 60 days of May 26, 2005)
REPORTING ---------------------------------------------------------
9 SOLE DISPOSITIVE POWER
PERSON -0-
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-31,047,839*-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-31,047,839-
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
44.9% (based on 68,475,582 shares of common stock outstanding as of
May 26, 2005 and including 644,000 shares issuable upon exercise of
options beneficially owned by the reporting person which are
exercisable as of or within 60 days of May 26, 2005)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------------------------------------------------------------------------
* Solely in its capacity as the sole member of Fortress Investment Group LLC.
The item numbers and responses thereto below are in accordance with
the requirements of Schedule 13D.
This Amendment No. 3 (this "Amendment") amends and supplements the
Schedule 13D filed on January 3, 2005, as amended by Amendment No. 1 thereto
filed on February 16, 2005, and as amended by Amendment No. 2 thereto filed on
May 11, 2005 (as so amended, the "Schedule 13D"), by FRIT PINN LLC ("FRIT
PINN"), Fortress Registered Investment Trust ("FRIT"), Fortress Pinnacle
Investment Fund LLC ("FPIF"), FIG Advisors LLC ("FIGA"), Robert H. Gidel
("Gidel"), Fortress Investment Fund LLC ("FIF"), Fortress Fund MM LLC ("FFMM"),
Fortress Investment Group LLC ("FIG"), and Fortress Investment Holdings LLC
("FIH") with respect to the shares of common stock, par value $0.01 per share
(the "Common Stock"), of Global Signal Inc., a Delaware corporation (the
"Issuer"). All capitalized terms used in this Amendment and not otherwise
defined herein have the meanings assigned to such terms in the Schedule 13D.
Item 2. Identity and Background
(a), (b), (c) and (f). This statement is being filed jointly by FRIT
PINN, FRIT, FPIF, FIGA, Gidel, FIF, FFMM, FIT GSL LLC, a Delaware limited
liability company ("FIT GSL"), Fortress Investment Trust II, a Delaware
business trust ("FIT II"), Fortress Investment Fund II LLC, a Delaware limited
liability company ("FIF II"), Fortress Fund MM II LLC, a Delaware limited
liability company ("FFMM II"), FIG, and FIH (FIH, together with FIT GSL, FIT
II, FIF II, FFMM II, and FIG, the "FIF II Reporting Persons"; and the FIF II
Reporting Persons, together with FRIT PINN, FRIT, FPIF, FIGA, Gidel, FIF, and
FFMM, collectively, the "Reporting Persons"; individually, a "Reporting
Person").
The business address of each of the FIF II Reporting Persons is 1251
Avenue of the Americas, New York, New York 10020. The principal business of
each FIF II Reporting Person is real estate-related investments.
Set forth in Annex A attached hereto is a listing of the directors
and executive officers of FIT GSL, FIF II and FFMM II, and the trustees and
executive officers of FIT II (collectively, the "FIF II Covered Persons"), and
the business address and present principal occupation or employment of each of
the FIF II Covered Persons, and is incorporated herein by reference. Each of
the FIF II Covered Persons is a United States citizen.
(d) and (e). None of the FIF II Reporting Persons, or, to the best of
their knowledge, the FIF II Covered Persons has, during the past five years,
(i) been convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors) or (ii) been party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which any of them
is or was subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding a violation in respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
The total amount of funds required to purchase the shares of Common
Stock beneficially owned by the FIF II Reporting Persons, as described in Item
5 below, was approximately $120,000,016. FIT GSL obtained the funds to purchase
the shares of Common Stock reported in Item 5 below from a capital contribution
made by FIT II, which obtained the funds for such capital contribution from its
general assets.
Item 4. Purpose of Transaction
The FIF II Reporting Persons acquired the shares of Common Stock
reported in Item 5 below in connection with the closing of (i) the agreement
entered into by the Issuer on February 14, 2005 to lease or operate
approximately 6,628 wireless communication towers and certain related assets
from Sprint Corporation and certain of its subsidiaries (the "Sprint
Transaction") and (ii) the Investment Agreement entered into in connection
with the Sprint Transaction between the Issuer and (a) FIF II, (b) Abrams
Capital Partners II, L.P., a Delaware limited partnership, Abrams Capital
Partners I, L.P., a Delaware limited partnership, Whitecrest Partners, L.P., a
Delaware limited partnership, Abrams Capital International, LTD, a Cayman
Island limited liability company and Riva Capital Partners, L.P., a Delaware
limited partnership (collectively, "Abrams"), and (c) Greenhill Capital
Partners, L.P., a Delaware limited partnership, Greenhill Capital Partners
(Executive), L.P., a Delaware limited partnership, Greenhill Capital, L.P., a
Delaware limited partnership, Greenhill Capital Partners (Cayman), L.P., a
Cayman Islands limited partnership, Greenhill Capital Partners (Employees) II,
L.P., a Delaware limited partnership (collectively, "Greenhill" and together
with FIF II and Abrams, collectively, the "Investors"). The Investment
Agreement provided that if the Issuer had not completed an offering of its
equity securities prior to the closing of the Sprint Transaction, the
Investors would issue to the Issuer, at the closing of the Investment
Agreement, a one-time option to purchase from the Investors such number of
shares of Common Stock having a value equal to the difference between the
total consideration paid by the Investors for the Common Stock at the closing
of the Sprint Transaction and $250 million, at a price per share of $26.50.
Because the Issuer completed an offering of its equity securities prior to
such date, the Issuer is not entitled to this option and no option has been or
will be issued by the Investors in connection with the Investment Agreement.
Each of the Sprint Transaction and the Investment Agreement are more fully
described in Amendment No. 1 to Schedule 13D filed on February 16, 2005.
Item 5. Interest in Securities of the Issuer
(a) and (b) For the reasons set forth below, each FIF II Reporting
Person may be deemed to beneficially own the 4,705,883 shares held directly by
FIT GSL (the "Reported Shares"). Each of FIT II, FIF II, FFMM II, FIG and FIH
does not directly own any securities of the Issuer. However, (i) FIT II has the
ability to direct the management of FIT GSL's business and affairs as the
holder of all issued and outstanding shares of beneficial interest of FIT GSL;
(ii) FIF II has the ability to direct the management of FIT II's business and
affairs as the holder of all issued and outstanding shares of beneficial
interest of FIT II; (iii) FFMM II has the ability to direct the management of
FIF II's business and affairs as the managing member of FIF II; (iv) FIG has
the ability to direct the management of FFMM II's business and affairs as the
managing member of FFMM II; and (v) FIH has the ability to direct the
management of FIG's business and affairs as the sole member of FIG. With
respect to such shares of Common Stock, (i) none of the FIF II Reporting
Persons has the sole power to vote or to direct the vote, or to dispose or to
direct the disposition, of the Reported Shares; and (ii) each of the FIF II
Reporting Persons has the shared power to vote or to direct the vote, or to
dispose or to direct the disposition of the Reported Shares.
As a result of the acquisition of the Reported Shares, FIG and FIH,
through their beneficial ownership of 31,047,839 shares, collectively control
44.9% of the outstanding voting capital stock of the Issuer. The FIF II Covered
Persons directly own 128,100 shares, of which Wesley R. Edens owns 50,100
shares, Randal A. Nardone owns 20,000 shares, Robert I. Kauffman owns 30,000
shares, Jonathan Ashley owns 13,000 shares and Lilly Donohue owns 15,000
shares. The FIF II Reporting Persons have been advised that each of the FIF II
Covered Persons disclaims beneficial ownership of the shares of Common Stock
from time to time owned directly or otherwise beneficially by such FIF II
Reporting Persons.
(c), (d) and (e) Not applicable.
Item 7. Material to be Filed as Exhibits
Exhibit Description
------- -----------
1.1 Amended and Restated Joint Filing Agreement, dated May 26,
2005, by and between Fortress Pinnacle Investment Fund LLC, a
Delaware limited liability company, FIG Advisors LLC, a
Delaware limited liability company, Robert H. Gidel, an
individual, FRIT PINN LLC, a Delaware limited liability
company, Fortress Registered Investment Trust, a Delaware
business trust, Fortress Investment Fund LLC, a Delaware
limited liability company, Fortress Fund MM LLC, a Delaware
limited liability company, FIT GSL LLC, a Delaware limited
liability company, Fortress Investment Trust II, a Delaware
business trust, Fortress Investment Fund II LLC, a Delaware
limited liability company, Fortress Fund MM II LLC, a
Delaware limited liability company, Fortress Investment Group
LLC, a Delaware limited liability company, and Fortress
Investment Holdings LLC, a Delaware limited liability
company.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FORTRESS PINNACLE INVESTMENT FUND LLC
By: /s/ Robert H. Gidel
--------------------------------
Robert H. Gidel
as sole manager of Fortress
Pinnacle Investment Fund LLC
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FIG ADVISORS LLC
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Chief Operating Officer of
Fortress Investment Group LLC,
managing member of FIG Advisors LLC
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
ROBERT H. GIDEL
/s/ Robert H. Gidel
---------------------------------------
Robert H. Gidel
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FRIT PINN LLC
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Vice President and Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FORTRESS REGISTERED INVESTMENT TRUST
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Chief Operating Officer and
Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FORTRESS INVESTMENT FUND LLC
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Chief Operating Officer and
Secretary of Fortress Fund MM LLC,
managing member of Fortress
Investment Fund LLC
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FORTRESS FUND MM LLC
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Chief Operating Officer and
Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FIT GSL LLC
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Chief Operating Officer and
Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FORTRESS INVESTMENT TRUST II
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Chief Operating Officer and
Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FORTRESS INVESTMENT FUND II LLC
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Chief Operating Officer
and Secretary of Fortress
Fund MM II LLC, managing
member of Fortress
Investment Fund II LLC
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FORTRESS FUND MM II LLC
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Chief Operating Officer and
Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FORTRESS INVESTMENT GROUP LLC
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
as Chief Operating Officer
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 26, 2005
FORTRESS INVESTMENT HOLDINGS LLC
By: /s/ Randal A. Nardone
-----------------------------------
Randal A. Nardone
As Manager
ANNEX A
DIRECTORS AND EXECUTIVE OFFICERS OF FIT GSL LLC
The name and principal occupation of each of the directors and executive
officers of FIT GSL LLC are listed below. The principal business address of
each of the directors and executive officers of FIT GSL LLC is 1251 Avenue of
the Americas, New York, NY 10020.
--------------------------- ----------------------------------------------------
NAME PRINCIPAL OCCUPATION
--------------------------- ----------------------------------------------------
Wesley R. Edens Chairman and Member of the Management Committee
of Fortress Investment Group LLC and
Fortress Investment Holdings LLC
--------------------------- ----------------------------------------------------
Randal A. Nardone Member of the Management Committee of Fortress
Investment Group LLC and Fortress Investment
Holdings LLC
--------------------------- ----------------------------------------------------
Jeffrey R. Rosenthal Chief Financial Officer of Fortress Investment
Group's Private Equity Funds
--------------------------- ----------------------------------------------------
Jonathan Ashley Managing Director of Fortress Investment Group LLC
--------------------------- ----------------------------------------------------
TRUSTEES AND EXECUTIVE OFFICERS OF FORTRESS INVESTMENT TRUST II
The name and principal occupation of each of the trustees and
executive officers of Fortress Investment Trust II, the holder of all issued
and outstanding shares of beneficial interest of FIT GSL LLC, are listed below.
The principal business address of each of the executive officers of Fortress
Investment Trust II is 1251 Avenue of the Americas, New York, NY 10020.
Trustees
------------------ ------------------------------- -----------------------------
NAME PRINCIPAL OCCUPATION PRINCIPLE BUSINESS ADDRESS
------------------ ------------------------------- -----------------------------
Carmen Gigliotti Senior Portfolio Manager, DuPont Pension Fund
DuPont Pension Fund Investment
Investment One Righter Pkwy Suite
3200
Wilmington, DE 19803
------------------ ------------------------------- -----------------------------
John Deterding Owner, Deterding Associates Deterding Associates
107 North Waterview
Richardson, TX 75080
------------------ ------------------------------- -----------------------------
Robert H. Gidel Managing Director, Liberty Liberty Partners, L.P.
Partners, L.P. 3001 North Rocky Point Drive
East - Suite 200
Tampa, Fl 33607
------------------ ------------------------------- -----------------------------
Executive Officers
---------------------------- ---------------------------------------------------
NAME PRINCIPAL OCCUPATION
---------------------------- ---------------------------------------------------
Wesley R. Edens Chairman and Member of the Management Committee
of Fortress Investment Group LLC and Fortress
Investment Holdings LLC
---------------------------- ---------------------------------------------------
Robert I. Kauffman Member of the Management Committee of Fortress
Investment Group LLC and Fortress Investment
Holdings LLC
---------------------------- ---------------------------------------------------
Randal A. Nardone Member of the Management Committee of Fortress
Investment Group LLC and Fortress Investment
Holdings LLC
---------------------------- ---------------------------------------------------
Jeffrey R. Rosenthal Chief Financial Officer of Fortress Investment
Group's Private Equity Funds
---------------------------- ---------------------------------------------------
Lilly Donohue Managing Director of Fortress Investment Group LLC
---------------------------- ---------------------------------------------------
EXECUTIVE OFFICERS OF FORTRESS INVESTMENT FUND II LLC
The name and principal occupation of each of the executive officers of
Fortress Investment Fund II LLC, the holder of all issued and outstanding
shares of beneficial interest of Fortress Investment Trust II, are listed
below. The principal business address of each of the executive officers of
Fortress Investment Fund II LLC is 1251 Avenue of the Americas, New York, NY
10020.
----------------------------- --------------------------------------------------
NAME PRINCIPAL OCCUPATION
----------------------------- --------------------------------------------------
Wesley R. Edens Chairman and Member of the Management Committee
of Fortress Investment Group LLC and
Fortress Investment Holdings LLC
----------------------------- --------------------------------------------------
Robert I Kauffman Member of the Management Committee of Fortress
Investment Group LLC and Fortress
Investment Holdings LLC
----------------------------- --------------------------------------------------
Randal A. Nardone Member of the Management Committee of Fortress
Investment Group LLC and Fortress
Investment Holdings LLC
----------------------------- --------------------------------------------------
Jeffrey R. Rosenthal Chief Financial Officer of Fortress Investment
Group's Private Equity Funds
----------------------------- --------------------------------------------------
EXECUTIVE OFFICERS OF FORTRESS FUND MM II LLC
The name and principal occupation of each of the executive officers of
Fortress Fund MM II LLC, the managing member of Fortress Investment Fund II
LLC, are listed below. The principal business address of each of the executive
officers of Fortress Fund MM II LLC is 1251 Avenue of the Americas, New York,
NY 10020.
------------------------------- ------------------------------------------------
NAME PRINCIPAL OCCUPATION
------------------------------- ------------------------------------------------
Wesley R. Edens Chairman and Member of the Management Committee
of Fortress Investment Group LLC and
Fortress Investment Holdings LLC
------------------------------- ------------------------------------------------
Robert I Kauffman Member of the Management Committee of Fortress
Investment Group LLC and Fortress Investment
Holdings LLC
------------------------------- ------------------------------------------------
Randal A. Nardone Member of the Management Committee of Fortress
Investment Group LLC and Fortress Investment
Holdings LLC
------------------------------- ------------------------------------------------
Jeffrey R. Rosenthal Chief Financial Officer of Fortress Investment
Group's Private Equity Funds
------------------------------- ------------------------------------------------