Fortress Investment Group Receives Second Consecutive “Credit-Focused Hedge Fund of the Year” Award from Institutional Investor

June 29th, 2012
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Contributed by: Company Press Release
Fortress Investment Group LLC (NYSE: FIG) was recognized for a second consecutive year as “Credit-Focused Hedge Fund of the Year” at Institutional Investor’s 10th Annual Hedge Fund Industry Awards. The award recognizes 2011 investment performance, risk management, investment discipline and selection, stability of investment team, investor relations and infrastructure.

Fortress managing director Drew McKnight, who joined the firm’s Credit team in 2005, was also recognized during this year’s event as an Institutional Investor “Rising Star.” The award recognizes professionals whose accomplishments in, and contributions to, the industry make them standout among their peers and position them as future industry leaders.

Fortress’s Credit team of over 350 professionals manages over $12 billion on behalf of institutional investors and private clients worldwide. The firm’s Drawbridge Special Opportunities Funds, launched in 2002, invest globally in diversified portfolios of undervalued and distressed investments.

About Fortress
Fortress Investment Group LLC (NYSE: FIG) is a leading, highly diversified global investment management firm. Fortress applies its deep experience and specialized expertise across a range of investment strategies - private equity, credit, liquid hedge funds and traditional fixed income - on behalf of over 1,400 institutional clients and private investors worldwide. For more information regarding Fortress Investment Group LLC or to be added to its e-mail distribution list, please visit www.fortress.com.
For Detailed Investor Profiles on these Investors, click below:
Fortress Investment Group
Related People: Daniel Mudd*; Jude Driscoll; Michael E. Novogratz; Randal Nardone; Robert Kauffman*; Wesley Edens; William F. Callanan*
Related Entities: Drawbridge Global Macro Funds; Fortress Commodities Fund LP; Fortress Partners Funds; Fortress Value Recovery Funds ; Logan Circle Partners; Newcastle Investment Corp
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Resources and Featured Partner News


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