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Fortress, Mount Kellett Capital form strategic alliance

Fortress Investment Group LLC and Mount Kellett Capital Management LP have formed a strategic alliance where a Fortress affiliate will become co-manager, along with Mount Kellett, of the Mount Kellett investment funds. Fortress affiliates will also become special limited partners of the Funds. Financial terms weren’t announced.

Top 10 U.S. Buyout and Mezz Fundraisings YTD

Total fundraising figures for U.S. buyout and mezzanine funds reached $71.95 billion for the year to 1 November, according to figures from Thomson Reuters. This total combines the total for buyout and mezzanine funds only and excludes funds of funds. This figure jumped around 28% for the same period the previous year which stood at […]

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