I'm a doctor, not a hedge fund manager Jim

Aaron Pressman

Boy there's been an awful lot of confusion about Fortress Investment Group LLC's upcoming IPO. The company, which managed $9.4 billion of hedge funds and $17.5 billion of private equity funds (as of 9/30/06), is going public today with the symbol FIG. And all signs point to a blow out, likely above the top of the$16.50 to $18.50 a share range that the company listed in its SEC registration statement.\

To continue reading this article you must be a Bloomberg Professional Service Subscriber.