Fortress Investment Group - Investor Profile
Institutional Investor Background
Fortress Investment Group (NYSE: FIG) is a global alternative investment and asset management firm founded in 1998 by BlackRock veterans Wesley Edens, Robert Kauffman and Randal...
Login now or Register for a Free Account to access full Institutional Investor Background
Investor Regional and/or Country Focus: Global
Founders and Key Executives of Fortress Investment Group: Wesley Edens; Robert Kauffman*; Randal Nardone; Michael E. Novogratz; Daniel Mudd; Jude Driscoll; William F. Callanan
Entities related to Fortress Investment Group: Drawbridge Global Macro Funds; Fortress Partners Funds; Fortress Commodities Fund LP; Newcastle Investment Corp; Logan Circle Partners; Fortress Value Recovery Funds
Relevant Firms***: BlackRock; | Galle Global Macro Partners LLC*; | Logan Circle Partners; | Minerva Capital Management* | *Denotes that the person or entity is no longer related to the firm.
Fortress Investment Group's Top 10 Equity Holdings (as of 2012-12-31)
|
Value |
|
|
|
| Company (Ticker) |
($MM) |
Shares |
Change |
% Out |
| Brookdale Senior Living Inc. (BKD) |
445.48 |
17,593,826 |
0 |
14.55 |
| American International Group Inc (AIG) |
227.83 |
6,454,153 |
0 |
0.36 |
| Walker & Dunlop Inc (WD) |
194.04 |
11,647,255 |
5,823,627 |
33.65 |
| SeaCube Container Leasing Ltd (BOX) |
158.15 |
8,390,119 |
0 |
41.91 |
| Golar Lng Partners Lp (GMLP) |
14.18 |
475,000 |
475,000 |
0.00 |
| Spansion Inc (CODE) |
12.74 |
915,518 |
1,000 |
1.48 |
| Newcastle Investment Corp (NCT) |
10.57 |
1,217,329 |
0 |
1.54 |
| Cornerstone Ondemand Inc (CSOD) |
9.39 |
318,100 |
123,100 |
0.66 |
| Starbucks Corp (SBUX) |
8.00 |
149,100 |
143,000 |
0.02 |
| Penn National Gaming Inc (PENN) |
7.75 |
157,823 |
0 |
0.21 |
 |
|  | View Sample Report |
Articles Related to Fortress Investment Group
Daniel Loeb’s Third Point to parlay Greek Debt Gains into New Hedge Fund Targeting Greek Assets |
| Date: April 29th, 2013 |
| Following his successful foray into Greek sovereign debt last year, Third Point LLC’s Daniel Loeb is launching a Greek-focused hedge fund that will... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Announces Retirement of Co-Founder and Principal Robert Kauffman |
| Date: December 24th, 2012 |
| Fortress Investment Group (NYSE: FIG) today announced that Principal and Director Robert Kauffman has elected to retire from the company and its Board... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group's AUM increase to $51.5 billion |
| Date: November 2nd, 2012 |
Fortress Investment Group LLC (NYSE: FIG) today reported its third quarter 2012 financial results.
FINANCIAL SUMMARY
|
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group Pays Off All Remaining Corporate Debt |
| Date: October 9th, 2012 |
| Fortress Investment Group LLC (NYSE: FIG) today announced that it has paid in full the remaining balance of the company’s only outstanding debt obligation—a... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group's Asset Under Management Increase to $47.8 billion |
| Date: August 4th, 2012 |
Fortress Investment Group LLC (NYSE: FIG) today reported its second quarter 2012 financial results.
FINANCIAL SUMMARY
|
Login now or Register for a Free Account to access all Related Articles |
Fortress’s Drawbridge Special Opportunities Fund Named “Best Distressed Hedge Fund” |
| Date: July 13th, 2012 |
| Fortress Investment Group's (NYSE: FIG) Drawbridge Special Opportunities Fund was recognized as "Best Distressed Hedge Fund" at the Hedge Funds Review... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group Receives Second Consecutive “Credit-Focused Hedge Fund of the Year” Award from Institutional Investor |
| Date: June 29th, 2012 |
| Fortress Investment Group LLC (NYSE: FIG) was recognized for a second consecutive year as “Credit-Focused Hedge Fund of the Year” at Institutional... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Announces Chief Executive Officer Daniel Mudd to Take Leave of Absence, Appoints Randal A. Nardone Interim Chief Executive Officer |
| Date: December 22nd, 2011 |
| Fortress Investment Group today announced that Daniel Mudd is taking a leave of absence from his role as chief executive officer of the company and member... |
Login now or Register for a Free Account to access all Related Articles |
Most Global Macro Hedge Funds Suffer, Brevan Howard Thrives |
| Date: December 9th, 2011 |
| Typically, wild market swings create opportunities for shrewd Global Macro hedge fund managers. A recent article from Reuters highlights how most of... |
Login now or Register for a Free Account to access all Related Articles |
Hedge funds suffer heavy losses in August; Fortress, Renaissance and Bridgewater Outperform |
| Date: September 20th, 2011 |
| Hedge funds lost an average of -3.36% in August, according to the Hennessee Group. August was the worst month for hedge funds since October 2008, right... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Commodities Offshore Fund Turns Positive on Declining Oil Prices bet |
| Date: September 13th, 2011 |
| Capitalizing on a slowing global economy and declining oil and copper prices, Fortress Investment Group’s Fortress Commodities Offshore Fund Ltd. outperformed... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group reports $46 million in earnings; Novogratz, Briger, Edens, Kauffman Nardone sign 5 year agreements |
| Date: August 5th, 2011 |
| Fortress Investment Group LLC released lower than anticipated earnings for the second quarter this week, while at the same time announcing that it will... |
Login now or Register for a Free Account to access all Related Articles |
Stanley Ku to launch hedge fund Complus Asset Management |
| Date: June 5th, 2011 |
| Stanley Ku, a veteran of the Asia hedge fund industry, has decided to re-enter the hedge fund market by launching Complus Asset Management in Hong Kong.... |
Login now or Register for a Free Account to access all Related Articles |
Hedge funds flat in March, Fortress Investment Group & BlueGold Capital outperform |
| Date: April 12th, 2011 |
| Hennessee Group LLC announced yesterday that its hedge fund index was up just 0.23% in March and 2.35% year-to-date. In comparison, the Standard & Poor’s... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group launches Asia focused hedge fund |
| Date: March 16th, 2011 |
| Fortress Investment Group (NYSE:FIG) has launched a macro hedge fund focused on Asia, joining other industry titans like GLG Partners and Soros Fund Management.... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group to raise $5 billion by end of 2010 |
| Date: December 11th, 2010 |
| Dan Mudd, the CEO of global alternative asset manager Fortress Investment Group (NYSE: FIG), recently stated that he expects that the firm will successfully... |
Login now or Register for a Free Account to access all Related Articles |
Hedge funds gain nearly 2% in October; John Paulson’s Advantage Plus Fund outperforms |
| Date: November 9th, 2010 |
| The Hennessee Hedge Fund Index was up +1.95% in October, while the S&P 500 gained +3.69% and the Dow advanced +3.06%. Henessee’s Long/Short Equity,... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group’s credit head Peter Briger moves to San Francisco to open new office |
| Date: October 19th, 2010 |
| Fortress Investment Group has plans to open a new office in San Francisco, and Peter Briger, co-chairman of the firm and the head of its credit unit,... |
Login now or Register for a Free Account to access all Related Articles |
D.E. Shaw Firing, but other Top Hedge Funds are Hiring |
| Date: October 7th, 2010 |
| Last week, hedge fund job seekers received unwelcome news when industry giant New York-based hedge fund manager D.E. Shaw & Co. announced that it was... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group adds $12 billion in assets with acquisition of Logan Circle Partners |
| Date: April 22nd, 2010 |
| Fortress Investment Group (NYSE: FIG) completed its acquisition of fixed income asset manager Logan Circle Partners this week. The addition of Logan Circle... |
Login now or Register for a Free Account to access all Related Articles |
Moore Capital grabs Fortress Investment Group LLC’s Scott Lawin |
| Date: March 28th, 2010 |
| Fortress Investment Group LLC has lost Scott Lawin to Louis Bacon’s Moore Capital Management. According to Bloomberg news, Mr. Lawin, who was formerly... |
Login now or Register for a Free Account to access all Related Articles |
Sri Wijegoonaratna and Peter Early launch Galle Global Macro Partners |
| Date: January 28th, 2010 |
| Sri "Wije" Wijegoonaratna, former Managing Director at Fortress Investment Group has launched a new global macro hedge fund manager, Galle Global Macro... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group sues law firm connected to Dreier Ponzi scheme |
| Date: December 27th, 2009 |
| Fortress Investment Group (NYSE: FIG), a global hedge fund and asset management firm, has filed a lawsuit against Dechert LLP, a law firm linked to Marc... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group Announces No 4th Quarter Dividend |
| Date: December 17th, 2009 |
| Fortress Investment Group, a publicly traded hedge fund manager, announced that it will not issue a fourth quarter dividend. This will be the sixth consecutive... |
Login now or Register for a Free Account to access all Related Articles |
Is it acceptable for hedge funds to halt redemptions? |
| Date: December 16th, 2009 |
| I would like to revisit one of the most contentious decisions some fund managers made in 2008: halting or gating redemptions. The 2008 crisis was substantially... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group launching new hedge funds to meet demand |
| Date: December 11th, 2009 |
| Fortress Investment Group (NYSE: FIG.N), a global hedge fund and asset management firm, has benefitted from the recent increase in demand for alternative... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group’s Adam Levinson defends $300mm Bonus |
| Date: September 15th, 2009 |
| Fortress Investment Group’s star trader and portfolio manager Adam Levinson spoke to the press for the first time since receiving a $300 million bonus... |
Login now or Register for a Free Account to access all Related Articles |
Hedge Funds that Met Redemption Requests in 2008 Starting to See New Inflows |
| Date: September 6th, 2009 |
| Hedge funds that honored client redemption requests in late 2008 are beginning to see new inflows, while many of the hedge funds that halted redemptions... |
Login now or Register for a Free Account to access all Related Articles |
Marc Dreier’s fraud victims include Elliot Associates, Fortress Investments, Eton Park Asset Management and Concordia Advisors |
| Date: August 27th, 2009 |
| Last week, a U.S. District Court released the names of the entities that had invested in Marc Dreier’s fraudulent securities. According to an article... |
Login now or Register for a Free Account to access all Related Articles |
Hedge Poachers: Talent Leaves GLG, JPMorgan, Caxton & Fortress |
| Date: August 6th, 2009 |
| This week saw a number of hedge fund managers lose investment professionals to competing firms. The biggest move was the announcement that trader Robert... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Announces Strategy to Buy Struggling Financial Companies |
| Date: July 27th, 2009 |
| Under the guidance of new chief executive Daniel Mudd, Fortress Investment Group has announced plans for a new acquisition strategy that entails buying... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Investment Group appoints Daniel H. Mudd as new CEO |
| Date: July 26th, 2009 |
| Fortress Investment Group LLC (NYSE:FIG) announced several changes in management positions last week. According to the press release, current board member... |
Login now or Register for a Free Account to access all Related Articles |
Ex-Fortress Manager Announces Minerva Macro Fund |
| Date: July 20th, 2009 |
| The former head of Fortress Investment Group LLC’s Hong Kong office, Stanley Ku, plans to start an Asia-focused hedge fund which he will manage. According... |
Login now or Register for a Free Account to access all Related Articles |
Union Bancaire Privée Heals Madoff Wounds by Bolstering Risk & Research |
| Date: July 9th, 2009 |
| Union Bancaire Privée (UBP) announced yesterday that its hedge fund of funds management company, UBP Asset Management (UBPAM), has hired two industry... |
Login now or Register for a Free Account to access all Related Articles |
Fortress Takes Over Zwirn’s Hedge Fund Assets |
| Date: April 29th, 2009 |
| Bloomberg reports that Fortress Investment Group (FIG) has been chosen by the board and top investors of D.B. Zwirn & Co. to liquidate the Zwirn’s $2.5... |
Login now or Register for a Free Account to access all Related Articles |
Fortress gives $300 million share grant to Adam Levinson |
| Date: August 10th, 2008 |
| Fortress Investment Group has given a $300 million share grant to Adam Levinson, one of the company's star traders and Chief Investment Officer of the... |
Login now or Register for a Free Account to access all Related Articles |
Galle Global Macro Partners and Cypress Lane wind down |
| Date: |
| Sri “Wije” Wijegoonaratna recently announced that he will be closing down his hedge fund, Galle Global Macro Partners LLC, by January 31. Wijegoonaratna... |
Login now or Register for a Free Account to access all Related Articles |
