Fortress sets its sights on strategic expansion in Asia

Mon Jun 20, 2011

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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 a macro trading team in Singapore 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...

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