Thursday, 28 August 2014
Last updated 8 hours ago
Jan 20 2011 | 2:26pm ET
Fortress Investment Group's hedge fund performance is now part of the public record. The alternative investments giant made the first of what it says will be the monthly disclosure of its returns, making it the second U.S. firm to do so.
Fortress, which went public in 2007, said its flagship Drawbridge macro fund returned 2.83% last month and ended last year up 10.7%. It's commodities fund also ended 2010 in the black at 1.79%, but needed a 3.56% December rally to get there.
The New York-based firm's move mirrors that of Och-Ziff Capital Management, which has been providing monthly returns for its hedge funds since it went public several months after Fortress.
Fortress said it would provide the numbers within the first few business days of each month.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...