TIEDEMANN ADVISORS, LLC - 03 Sep 2024 Form 4 Insider Report for Fortress Net Lease REIT

Role: 10%+ Owner
Signature: Tiedemann Advisors, LLC, By: /s/ Whitney Fogle Lewis, Name: Whitney Fogle Lewis, Title: Authorized Signatory
Issuer symbol: N/A
Transactions as of: 03 Sep 2024
Net transactions value: +$7,100,000
Form type: 4
Filing time: 11 Dec 2024, 19:08:27 UTC
Previous filing: 11 Dec 2024
Next filing: 15 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	Class D Common Shares of Beneficial Interest	Purchase	$4,000,005	+395,946	+6.8%	$10.10	6,177,101	03 Sep 2024	Direct	F1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,177,101	03 Sep 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,177,101	03 Sep 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,177,101	03 Sep 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,177,101	03 Sep 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,177,101	03 Sep 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,177,101	03 Sep 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,177,101	03 Sep 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Other	$0	+1,810	+0.03%	$0.000000	6,178,911	03 Sep 2024	Direct	F1, F2
transaction	Class D Common Shares of Beneficial Interest	Other	$0	0	0%	$0.000000	6,178,911	03 Sep 2024	See Footnote 1	F2
transaction	Class D Common Shares of Beneficial Interest	Other	$0	0	0%	$0.000000	6,178,911	03 Sep 2024	See Footnote 1	F2
transaction	Class D Common Shares of Beneficial Interest	Other	$0	0	0%	$0.000000	6,178,911	03 Sep 2024	See Footnote 1	F2
transaction	Class D Common Shares of Beneficial Interest	Other	$0	0	0%	$0.000000	6,178,911	03 Sep 2024	See Footnote 1	F2
transaction	Class D Common Shares of Beneficial Interest	Other	$0	0	0%	$0.000000	6,178,911	03 Sep 2024	See Footnote 1	F2
transaction	Class D Common Shares of Beneficial Interest	Other	$0	0	0%	$0.000000	6,178,911	03 Sep 2024	See Footnote 1	F2
transaction	Class D Common Shares of Beneficial Interest	Other	$0	0	0%	$0.000000	6,178,911	03 Sep 2024	See Footnote 1	F2
transaction	Class D Common Shares of Beneficial Interest	Purchase	$3,099,995	+306,127	+5%	$10.13	6,485,038	01 Oct 2024	Direct	F1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,485,038	01 Oct 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,485,038	01 Oct 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,485,038	01 Oct 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,485,038	01 Oct 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,485,038	01 Oct 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,485,038	01 Oct 2024	See Footnote 1
transaction	Class D Common Shares of Beneficial Interest	Purchase	$0	0	0%	$0.000000^*	6,485,038	01 Oct 2024	See Footnote 1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported securities are directly owned by Tiedemann Advisors, LLC ("Tiedemann") and may be deemed to be beneficially owned by each of: (i) TTC Multi-Strategy Fund QP, LP, a private investment fund for which Tiedemann serves as the investment manager ("TTC Fund"); (ii) Tiedemann Advisors GP, LLC, as general partner of the TTC Fund; and (iii) each of the following parent companies of Tiedemann, (A) AlTi Wealth Management Holdings, LLC; (B) AlTi Global Holdings, LLC; (C) AlTi Global Topco Limited; (D) AlTi Global Capital, LLC; and (E) AlTi Global, Inc. (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F2	The Reporting Persons acquired these Class D Common Shares of Beneficial Interest, par value $0.01 per share (the "Class D Shares") via an automatic conversion by the Issuer of shares of another class of the Issuer's securities beneficially owned by the Reporting Persons pursuant to the application of a fee waiver by the Issuer. No consideration was paid by any of the Reporting Persons for the additional Class D Shares acquired by them pursuant to such conversion.

Content

The reported securities are directly owned by Tiedemann Advisors, LLC ("Tiedemann") and may be deemed to be beneficially owned by each of: (i) TTC Multi-Strategy Fund QP, LP, a private investment fund for which Tiedemann serves as the investment manager ("TTC Fund"); (ii) Tiedemann Advisors GP, LLC, as general partner of the TTC Fund; and (iii) each of the following parent companies of Tiedemann, (A) AlTi Wealth Management Holdings, LLC; (B) AlTi Global Holdings, LLC; (C) AlTi Global Topco Limited; (D) AlTi Global Capital, LLC; and (E) AlTi Global, Inc. (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

The Reporting Persons acquired these Class D Common Shares of Beneficial Interest, par value $0.01 per share (the "Class D Shares") via an automatic conversion by the Issuer of shares of another class of the Issuer's securities beneficially owned by the Reporting Persons pursuant to the application of a fee waiver by the Issuer. No consideration was paid by any of the Reporting Persons for the additional Class D Shares acquired by them pursuant to such conversion.