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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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May 26, 2015
10:12 EDTFIGFortress management to meet with JMP Securities
Meeting to be held in Boston on May 27 hosted by JMP Securities.
May 22, 2015
19:35 EDTFIGFortress, Mount Kellett Capital to form strategic alliance, terms not disclosed
Fortress Investment Group and Mount Kellett Capital Management announced they have reached an agreement for an affiliate of Fortress to become co-manager with Mount Kellett of the Mount Kellett investment funds and related accounts. Mount Kellett affiliates will continue to serve as general partner of the Funds. Additionally, affiliates of Fortress will become special limited partners of the Funds. Financial terms of the transaction were not disclosed. The transaction is subject to receipt of Mount Kellett investor consent and certain other approvals and the execution of definitive agreements. The transaction is expected to close on or about June 30.
May 19, 2015
06:31 EDTFIGFortress Investment reports 6.4% stake in Newcastle Investment
Fortress Investment Group (FIG) reports a 6.4% stake in Newcastle Investment (NCT).

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