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Stock Market & Financial Investment News

News Breaks
November 2, 2012
07:05 EDTFIGFortress reports AUM $51.5B as of Sept. 30
Reports assets under management increased to $51.5B as of September 30, an increase of 8% from the 2Q12 and 18% from the 3Q11; AUM does not include uncalled capital, or “dry powder,” of $7.2B. Reports GAAP book value per share of $2.22 as of September 30.
News For FIG From The Last 14 Days
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October 21, 2014
12:55 EDTFIGNathaniel August discusses long position in Fortress
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09:01 EDTFIGOmnisure announces sale to Fortress, affiliates
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October 10, 2014
18:46 EDTFIGFortress looking for $4B to acquire distressed debt, Bloomberg reports
Fortress Investment is seeking approximately $4.3B to buy distressed debt from around the world, Bloomberg reports, citing people familiar with the matter. The firm is looking for a $2B private-equity structured credit fund with the rest of the balance coming from managed accounts that will invest alongside the deals, two people familiar with the plans added. Reference Link

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