Tuesday, 1 December 2015
Last updated 7 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.
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…