Fortress Investment Group
31820 views
Rate Now: 1 2 3 4

average rating: 3.47 / 17 ratings
DESCRIPTION:

Date updated:01-06-2009

Fortress Investment Group LLC is a leading global alternative asset manager with approximately $34.3 billion (per a recent company press release) in assets under management. Fortress is headquartered in New York and has affiliates with offices in Dallas, San Diego, Toronto, London, Rome, Frankfurt and Sydney.

From "Hedge Fund Hell: Fortress Under Siege" on TheStreet.com (Jan. 6, 2008):

"Fortress' liquid hedge-fund segment -- which includes Drawbridge Global Macro and Fortress Commodities Funds -- accounts for $9.1 billion worth of capital, and clients can ask for their money back at the end of every quarter. The most recent available figures show that clients demanded $5.6 billion of their cash back in 2008.

Fortress' other hedge-fund business -- a hybrid one that includes Drawbridge Special Opportunities Funds and Fortress Partners Funds -- accounted for $8.2 billion worth of capital. Although those funds have more strings attached to redemptions, clients still asked to withdraw $2.3 billion last year."

Read the full article.

This portfolio features the firm's top stock holdings as of the Sept. 30, 2008 filing.

Background: Fortress was founded in 1998 as an asset-based investment management firm with a fundamental philosophy premised on alignment of interests with the investors in its funds. Fortress’s managed funds primarily employ absolute return strategies. Investment performance is Fortress’s cornerstone – as an investment manager, the firm earns more if its investors earn more. In keeping with the fundamental philosophy, Fortress invests substantial capital in each of the managed investment funds.

The hedge fund business that manages approximately $10 billion of the firm assets is comprised of two business segments: (i) hybrid hedge funds – which make highly diversified investments globally in undervalued and distressed assets, including loans, assets and corporate securities; and (ii) liquid hedge funds – which invest globally in fixed income, currency, equity and commodity markets and related derivatives to capitalize on imbalances in the financial markets.

symbol name last price % change open
  • +
  • BKD
    Brookdale Senior
  • $16.50
  • +0.49%
  • $16.38

60.3% (of the portfolio)

People owning BKD also tend to own: AYRCNEDSXEGLEGHSHTENAT

TheStreet.com Rating: D What is this?

  • +
  • AYR
    Aircastle Ltd Cmn
  • $9.10
  • 0.00%
  • $N/A

13.2%

People owning AYR also tend to own: ANHBHSCRRGLKGLSGPTHTGC

TheStreet.com Rating: C+ What is this?

  • +
  • TCW
  • $9.70
  • 0.00%
  • $N/A

1.12%

People owning TCW also tend to own: ADPTAGLBCOCEMCHVCNOCUO

TheStreet.com Rating: No Rating What is this?

  • +
  • NWE
    Northwestern Corp
  • $25.75
  • 0.00%
  • $N/A

0.96%

People owning NWE also tend to own: ABFSAIGAMAWHAWICBSCNO

TheStreet.com Rating: C What is this?

  • +
  • OMEX
    Odyssey Marine Ex
  • $1.64
  • 0.00%
  • $N/A

0.82%

People owning OMEX also tend to own: AMVAYRBKDGHSGTIMIRNCT

TheStreet.com Rating: D What is this?

  • +
  • VRY
    Vry
  • $0.00
  • N/A
  • $N/A

No Analysis added

People owning VRY also tend to own: AMVAYRBKDGHSGTIMIRNCT

TheStreet.com Rating: No Rating What is this?

  • +
  • GHS
    Ghs
  • $0.00
  • N/A
  • $N/A

No Analysis added

People owning GHS also tend to own: AYRBKDCNEDSXEGLEHTENAT

TheStreet.com Rating: No Rating What is this?

  • +
  • MIR
    Mirant Corp
  • $14.25
  • +0.35%
  • $14.17

No Analysis added

People owning MIR also tend to own: AHMAIZALBAMPAVTAXCABBI

TheStreet.com Rating: C What is this?

  • Page 1 of 3
  • 1
  • 2
  • 3
previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to Jim Cramer, investors need to know the four enemies of all bull markets. On Wednesday’s “Mad Money” TV show...

11.27.09 | 13:36 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to CNBC’s “Fast Money” traders, the adjustment in the third-quarter GDP figure released on Tuesday from an exp...

11.27.09 | 12:22 PM
Black Friday Short-Squeeze Oppor...

By Jonas Elmerraji Posted on Nov. 25, 2009 With Thanksgiving fast approaching, retailers have one thing on their collective minds: Black Friday. After all, the day, whi...

11.25.09 | 13:33 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...

11.24.09 | 11:36 AM
more articles
Full Disclosure
11.09.08 | 12:30 PM From author alchemist
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
more forums
recent answers | popular answers
bubble(0)
today 's lists
Biggest % Losers

Here is the stock list of some of the largest % losers from Nov. 27, 2009. more

Stocks With Unusual Option Activity

Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more

Analyst Downgrades

Analyst Downgrades or Estimate Reductions for Nov. 27, 2009. Read more here. more

show all today's lists