Tuesday, 1 December 2015
Last updated 10 hours ago
Apr 7 2011 | 12:01pm ET
Daniel Mudd’s Fortress Investment Group said its Asia-focused macro fund gained 3.5% during March, despite events in Japan and violence in the Middle East.
According to regulatory filings, the New York-based buyout and hedge-fund firm launched the Fortress Asia Macro Fund on March 1.
Fortress, which began the fund trading with its own money and a few clients, aims to increase the Asia-focused macro hedge fund to $500 million, reports Bloomberg.
The firm has opened a Singapore office and has posted its co-chief investment officer of global macro funds, Adam Levinson, there to spearhead Fortress’ macro trading activities in the region.
The Fortress Macro Fund gained 1.8% in March, according to an SEC filing.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…