62%
38%
Was Adam Levinson's 31-million share grant justified?
37 votes so far
Leader:
Yes. You have to pay to keep talent like him around.

Fortress Investment opens office in Singapore

By Jack Ingram on  From assetmanagement.banking-business-review.com
Print Email Published: 04-Oct-2010 Fortress Investment Group has opened an office in Singapore, which will act as hub for the firm’s investment and business development activities in Asia. Adam Levinson, co-CIO of the firm’s global macro funds, will lead Fortress’s Asia-specific macro trading activities from Singapore office starting in early 2011. Levinson joined Fortress in 2002 and serves on the firm’s Operating and Management Committees.Prior to joining Fortress, he was a...Read Full Story

Fortress’s Levinson to Lead Asia Expansion in Buyout Firm’s Singapore Move

By dcreynolds on  From hedgeco.net
Bloomberg – Fortress Investment Group LLC’s Adam Levinson, co-chief investment officer of global macro funds, will move to Singapore to lead the New York-based buyout and hedge-fund firm’s expansion in Asia. Fortress will have an investment team of about 10 people in its new office in the city-state, Levinson, 40, said in an Oct. 1 interview from New York. He will start working in Singapore early next year. Read Complete ArticleRead Full Story

Fortress Investment Group Q3 net loss widens

By Jack Ingram on  From assetmanagement.banking-business-review.com
Print Email Published: 08-Nov-2010 Fortress Investment Group has posted a GAAP net loss of $272m for the third quarter ended 30 September 2010, compared to a loss of $190m for third quarter of 2009. The company's net loss attributable to Class A shareholders was $95m, or $0.62 loss per diluted share, as compared to a loss of $59m, or $0.43 loss per diluted share, for the third quarter 2009.Excluding principals agreement compensation, third quarter GAAP net loss was $32m, as...Read Full Story

Wall Street Trader bags world record £156mln bonus

By Bengani on  From freshnews.in
London, August 13 (ANI): A Wall Street trader has been given the largest bonus of 156million pounds by his employer Fortress Investment Group LLC, which wanted to stop him from leaving for a competitor or starting his own firm. Thirty-eight-year-old Adam Levinson’s windfall is about four times the 44million-pound pay package commanded by Merrill Lynch’’s John Thain, who was the highest paid U.S. chief executive last year. Although Fortress declined comment, Levinson defended the award...Read Full Story

Fortress Investment Q3 net loss widens

By Jack Ingram on  From assetmanagement.banking-business-review.com
Fortress Investment Group, a New York-based investment manager, has reported a net loss of $381.91m for the third quarter of 2011, compared to $271.88m for the same period in 2010.Read Full Story
Reports: RailAmerica up for sale
Some publications and industry websites, including the Journal of Commerce, are quoting a report from Trains magazine that Fortress Investment Group LLC Fortress Investment Group LLC Latest from The Business Journals Codina, AREA Property ...  
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Fortress Investments is FECI's deep-pockets parent
Florida East Coast Industries won't have to look far when it seeks expertise on funding its $1 billion All Aboard Florida passenger service. Parent company Fortress Investment Group (NYSE: FIG) has $43.7 billion in assets and raised $4.2 billion in capital during 2011. New York-based Fortress says it has more than 1,000 institutional clients and private investors worldwide. It is involved in private equity, credit, liquid markets and fixed...  
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Fortress Investment Group LLC Earnings Conference Call
It manages hedge funds and publicly traded alternative investment vehicles. The firm invests in the private equity, public equity, fixed income, and alternative investment markets of the United States and across the globe. Fortress Investment Group was ...  
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Fortress Investment trims loss
Fortress Investment Group LLC (NYSE:FIG) sharply narrowed its loss in the first quarter as a reorganization in how it pays its managers helped put the private-equity and hedge fund manager on a stronger footing. While noting the expiration of a ...  
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Fortress Investment narrows first-quarter loss
Fortress Investment Group, which just announced plans to bring a new residential mortgage-backed securitization deal to market, reported a much narrower first-quarter loss Thursday. read more  
From housingwire.com ()
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Fortress Reports First Quarter 2012 Financial Results
NEW YORK--(BUSINESS WIRE)--Fortress Investment Group LLC (NYSE: FIG) today reported its first quarter 2012 financial results. FINANCIAL SUMMARY Fortress declares a distribution of $0.05 per dividend paying share for the first quarter of 2012 Assets under management totaled $46.4 billion as of March 31, 2012, not including uncalled capital, or “dry powder,” of $6.4 billion, which will become fee-paying assets under management when invested GAAP...  
From businesswire.com ()
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Fortress Investment Planning ResCap Acquisition
Posted To: MND NewsWireBloomberg News is reporting that Ally Financial is in talks with Fortress Investment Group to sell some assets from Ally's mortgage unit. According to what Bloomberg calls "three people with direct knowledge of the matter," Fortress would buy parts of the Residential Capital ( ResCap ) unit, including some of its servicing business as part of a ResCap bankruptcy filing. Ally is facing a number of financing deadlines in...  
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2nd UPDATE: Fortress Investment Earnings Drop 45%; Tops Views
Fortress Investment Group LLC's (FIG) first-quarter distributable earnings topped analysts' expectations despite a 45% decline on lower management and performance-related incomes. Buoyed by a solid 12% rise in the U.S. equity market in the ...  
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Fortress Investment Group LLC : Falcone gets extension in LightSquared...
Lauria did not respond to e-mails or phone calls seeking comment ... largely because of a write-down on the value of the fund's LightSquared investment. (Reporting By Matthew Goldstein and Sinead Carew, additional reporting by Soyoung Kim; Editing by ...  
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A Mighty Fortress
Time again for an update on the on-going battle between life insurers and would-be viatical investors. This time out, the Fortress Investment Group bought a thousand "junk" policies in the hopes that at least a few would pay out the big bucks.What's a "junk" policy, you ask?Well, it's a new term to me, as well; it seems to refer to policies other investors had dumped on the market as it became more and more apparent that collecting on them was...  
From blogger.com ()
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