Fortress Unveils Asia Volatility Hedge Fund

May 30 2012 | 1:29pm ET

Fortress Investment Group has launched an Asia-focused volatility hedge fund helmed by a pair of former Artradis Fund Management hands.

The Fortress Convex Asia Fund debuted on May 1 with US$55 million in initial assets. It will seek "to deliver non-correlated returns in normal markets and out-sized returns in stressed or dislocated markets, providing 'Tail Risk' protection," Fortress said. 


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