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Fortress Investments
’Lex: Hedge funds
Cash may have been pouring into hedge funds at a faster rate in the past quarter, but the little fish may soon find themselves on the hook…
The hedge fund industry remains shakey and needs to string together a series of quarters of stable returns to soothe investors’ nerves.
Share fall could see Fortress delist
Shares in Fortress Investment Group, the US first private equity and hedge fund firm to list nearly two years ago, rose Monday amid speculation that the group may opt to go private once more. Shares in Fortress,
… As Macquarie suffers subprime fall-out
Macquarie Bank has warned that two of its debt funds, run by Macquarie Fortress Investments, could face loses of more than A$300m, or up to 25 per cent of their value, but said the funds are not exposed to the US subprime mortgage market.