Star Mountain Capital brings on two as senior advisors

By Chris Witkowsky — 4 weeks ago

Co-founder of BlackRock Kelso Capital, Michael Lazar, and former chief HR officer of Fortress, Stanley Friedman, have joined Star Mountain Capital as senior advisors. Prior to co-founding BlackRock Kelso Capital, Lazar was partner and managing director of Kelso & Co. Friedman also worked on HR at King Street Capital and Amaranth.


On Wall Street, Fortress Fails To Impress

By Gregory Roth — 5 years ago

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 […]


Fortress Scraps Dividend To Save Capital

By PEHub Administrator — 7 years ago

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 […]