November 22, 2008
Fortress Investment Swings to 4Q Loss
Fortress Investment Group LLC, a private equity and hedge fund manager, on Tuesday reported a fourth-quarter loss after paying $240 million in principal compensation.
However large Man Group grows, one thing never changes – the vulnerability of its share price to sentiment. At least this year, the mood around the world’s largest listed hedge fund manager has been overwhelmingly positive.
Hedge fund partners share big payout
THE partners of Thames River Capital have landed multi-million pound payouts after the hedge fund specialist posted a 43% surge in profits to almost £114m ($227m, E168m).
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