Fortress Funds Rise In June

Jul 10 2012 | 11:57am ET

Fortress Investment Group's hedge funds remain well ahead of their peers after a strong June.

The alternative investment giant's flagship Drawbridge Macro Fund was up 3.6% last month, it said in a regulatory filing. The strategy was up 8% in the first half.

New York-based Fortress' other funds did less well, but were still up during a mixed month for hedge funds. Its Asia Macro Funds added 0.8% in June and 6.8% in the first six months of the year.

Fortress also reported strong May returns for its credit funds, which report a month later than its other funds. The firm's credit strategies were up between 0.5% to 0.7% in June and between 6.2% and 7% on the year.

Fortress also reported the returns of its new Asia-focused volatility fund, Convex Asia, for the first time: The fund, which debuted on May 1 with US$55 million in assets, returned 0.4% in its first month.


In Depth

Q&A: Pantheon’s McCrary Says Private Equity Market ‘Robust’

Dec 17 2014 | 8:32am ET

Dennis McCrary is a partner at Pantheon, a private equity firm with $32.2 billion...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.