Tuesday, 29 July 2014
Last updated 15 hours ago
Jul 30 2007 | 8:42am ET
Fortress Investment Group has closed its latest private equity funds, Fortress Investment Fund V and Fortress Coinvestment Fund V, with a total of $5 billion in third-party capital commitments.
The firm said it expects the main fund, Fortress Investment Fund V, which had a previously announced first closing in May, to ultimately include an additional $1 billion of capital from its affiliates and employees.
Fortress managed approximately $36 billion in assets as of the end of March.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…