Fortress targets strategic expansion in Asia

Wed Jun 8, 2011

Read more:




Thomas Kang
Fortress Investment Group, with $43 billion in assets globally, is looking to build on its current operations for strategic growth in Asia, which already include established credit teams in Tokyo and Sydney, and, in Singapore, a macro trading team that launched an Asia-specific fund in March.

Next, Fortress is looking at the Asian equity long/short space, among other things. Over time, the idea is to create a focused range of bespoke strategies, built around specialised portfolio management teams and expertise the firm is able to bring in. Also, within Fortress' private equity business, plans are afoot to establish an office in Shanghai, from which Fortress intends...

ISSN: 2151-1845 / CDC10004H

TAKE A FREE TRIAL

The full contents of this article are available to active AsiaHedge subscribers and trialists only.

To continue reading please,
take a free trial or subscribe to AsiaHedge.

Subscribe

Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now