Friday, February 9, 2007
Fortress' IPO
In a "must talk about case" for all of my classes, Fortress went public today.Who is Fortress? From Marketwatch: "Fortress Investment Group -- not a hedge fund -- but a nine-year-old company that runs hedge funds."First the facts:From Business Week: Investors Storm Fortress IPO:"In the most widely anticipated public offering of the young year, FortressInvestment Group (FIG), the first U.S.-based
Labels:
Case,
hedge funds,
IPO,
regulation
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