Fortress Elects to Retain Capital
June 24 2009 - 5:00PM
PR Newswire (US)
NEW YORK, June 24 /PRNewswire-FirstCall/ -- Fortress Investment
Group LLC (NYSE:FIG) announced today that it elected not to pay a
dividend in the second quarter of 2009. The Board elected to retain
capital for potential future investment opportunities and for
working capital purposes. About Fortress Fortress is a leading
global alternative asset manager with approximately $26.5 billion
in assets under management as of March 31, 2009. Fortress manages
private equity funds and hedge funds. Fortress was founded in 1998.
For more information regarding Fortress Investment Group LLC or to
be added to our e-mail distribution list, please visit
http://www.fortress.com/. DATASOURCE: Fortress Investment Group LLC
CONTACT: Lilly H. Donohue, +1-212-798-6118 Web Site:
http://www.fortress.com/
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