Posted on: April 19, 2013 by Lawrence J. Aragon
Trending on peHUB this week: Sequoia Capital, Fortress, Harvard, traits of top startup CEOs, Oaktree, Bijan Sabet, Spark Capital, Affordable Care Act, KPS, Fenway Partners, Glenn Hutchins, Silver Lake and Montgomery & Co.
Posted on: May 10, 2012 by Gregory Roth
The New York City Comptroller’s Bureau of Asset Management, which oversees $122 billion across the city’s five main public pension funds, has committed $600 million to Apollo Global Management and $250 million to Golden Tree Asset Management as part of separate managed accounts that will focus on opportunistic credit strategies.
Posted on: March 1, 2011 by Gregory Roth
Fortress Investment Group, one of the hardest hit of the publicly listed private equity firms, said its distributable income in the fourth quarter more than doubled to $122 million, or 24 cents a share, against $60 million one year ago. Analysts had expected earnings of 15 cents a share. But the big rise in Fortress’s [...]
Posted on: October 31, 2008 by PEHub Administrator
Fortress Investment Group and Quicken Loans Inc. have entered into an exclusive joint venture, to “help Fortress implement a comprehensive refinancing and loan modification strategy for its mortgage portfolio and investments.”
Posted on: September 25, 2008 by PEHub Administrator
NEW YORK (Reuters) – Fortress Investment Group LLC (FIG.N: Quote, Profile, Research, Stock Buzz), one of the few publicly traded U.S. alternative asset managers, said on Thursday it will not pay a third-quarter dividend, citing a need to preserve capital. The New York-based manager of private equity and hedge funds joins other financial companies to [...]