Fortress Drawbridge Special Opportunities Funds and Fortress Macro Fund
Receive Top Honors at HFMWeek’s 2013 US Performance Awards
NEW YORK -- October 21, 2013
Fortress Investment Group LLC (NYSE:FIG) funds captured first place in two
categories at HFMWeek’s US Performance Awards 2013. Fortress’s Drawbridge
Special Opportunities Funds won the “Single Manager Long-Term Performance
Overall” award for its five-year performance. The Fortress Macro Fund was
recognized as the industry’s top “Macro Fund—Over $1 Billion Under
Winners were chosen by senior-level industry representatives who evaluated a
combination of quantitative and qualitative information, including annual
performance as well as volatility, risk management and track record.
With more than $5 billion under management, Fortress’s Drawbridge Special
Opportunities Funds invest globally in diversified portfolios of undervalued
and distressed investments within the firm’s Credit business. The Firm’s
flagship Drawbridge Special Opportunities Fund LP recorded inception-to-date
and 5-year annualized net returns of 11.5%, and a year-to-date 2013 net return
of 11.98%, all through August 31, 2013.
With more than $3.4 billion under management, the Fortress Macro Fund
(together with its related managed accounts) is the flagship macro strategy of
Fortress’s Liquid Markets business. The Fortress Macro Fund recorded net
returns of 17.8% in 2012 and 9.76% year-to-date through September 30, 2013.
Fortress Investment Group LLC is a leading, highly diversified global
investment firm with approximately $55 billion in assets under management as
of June 30, 2013. Founded in 1998, Fortress manages assets on behalf of over
1,500 institutional clients and private investors worldwide across a range of
private equity, credit, liquid hedge funds and traditional asset management
strategies. Fortress is publicly traded on the New York Stock Exchange (NYSE:
FIG). For additional information, please visit www.fortress.com.
Fortress Investment Group LLC
Gordon E. Runté, 212-798-6082
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