Fortress Credit Bus. & Drawbridge Special Opportunities Funds Receive Top Honors at Alt Credit Intelligence 2017 U.S. Perform...
February 17 2017 - 9:00AM
Business Wire
Fortress Investment Group LLC (NYSE:FIG) was recognized for
“Outstanding Achievement by a Credit Firm” at the Alt Credit
Intelligence 2017 U.S. Performance Awards. Fortress’s Drawbridge
Special Opportunities Funds (“DBSO”) received top honors as the
industry’s best Multi-Strategy Credit Fund.
Winners were chosen by a panel of judges including
representatives from Alt Credit Intelligence, leading institutional
and private investors and industry experts. The awards recognize
alternative credit firms, hedge funds, and funds of hedge funds
that have outperformed their peers over the past 12 months.
Fortress’s Credit team of over 500 professionals manages over
$18 billion on behalf of institutional investors and private
clients worldwide. The firm’s Drawbridge Special Opportunities
Funds, launched in 2002 and managing over $6 billion at September
30, 2017, invest globally in diversified portfolios of undervalued
and distressed investments. The firm’s flagship Drawbridge Special
Opportunities Fund LP recorded inception-to-date and 5-year
annualized net returns of 10.7% and 12.3%, respectively, through
December 31, 2016.
About Fortress
Fortress Investment Group LLC is a leading, highly diversified
global investment firm with $70.1 billion in assets under
management as of September 30, 2016. Founded in 1998, Fortress
manages assets on behalf of over 1,750 institutional clients and
private investors worldwide across a range of credit and real
estate, private equity and traditional asset management strategies.
Fortress is publicly traded on the New York Stock Exchange
(NYSE:FIG). For additional information, please visit
www.fortress.com.
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Fortress Investment Group LLCGordon E. Runté, 212-798-6082
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