NEW YORK–(COMMERCIAL THREAD) – Fortress Investment Group LLC (âFortressâ) was named winner of the first âDiversity and Inclusion Achievementâ award in 2021 HFM US Performance Awards, which took place on November 4 in New York City. These prestigious awards recognize American hedge funds and funds of hedge funds that have demonstrated exceptional performance and management over the past 12 months.
“We are honored to receive this recognition from HFM, although we recognize that the vital work of addressing diversity and inclusion in our industry has only just begun, âsaid Drew McKnight, Managing Partner of Fortress and founding member of the firm’s Diversity Committee. “Our overriding goal is always to produce exceptional returns for our investors, and we believe that the range of backgrounds, experiences and perspectives represented in a truly diverse workforce can only help us achieve this goal. We will continually challenge ourselves to do more and do better.
âDiversity and Inclusion Achievementâ is the most recent category in which Fortress received top honors at the annual conference HFM American Performance Award. Fortress Drawbridge Special Opportunities funds were named Best âOver $ 1 Billion Credit Fundâ in 2019, 2016 and 2015, and Best âCredit Fund, Overall Long-Term Performanceâ in 2018, 2017, 2014 and 2013. HFM US Performance Award winners are chosen by high-level industry representatives who have assessed a combination of quantitative and qualitative information, including annual performance as well as volatility, risk management, and track record.
About the fortress
Fortress Investment Group LLC is a leading and highly diversified global investment manager. Founded in 1998, Fortress manages $ 53.9 billion in assets under management as of June 30, 2021, on behalf of approximately 1,800 institutional clients and private investors worldwide through a range of credit and investment strategies. real estate, private equity and permanent capital investment.