NEW YORK, November 10, 2021– (COMMERCIAL THREAD) – Fortress Investment Group LLC (“Fortress”) was named winner of the first prize “Diversity and Inclusion Achievement” 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, ”said Drew McKnight, Managing Partner of Fortress and founding member of the firm’s Diversity Committee. “Our primary goal is always to produce exceptional returns. for our investors, and we believe the range of backgrounds, experiences and perspectives represented in a truly diverse workforce can only help us achieve this. We will continually challenge ourselves to do more and do better. “
“Diversity and Inclusion Achievement” 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 ‘Over $ 1 Billion Credit Fund’ in 2019, 2016 and 2015, and Best ‘Credit Fund, Overall Long-Term Performance’ 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.
See the source version on businesswire.com: https://www.businesswire.com/news/home/2021110005535/en/
Gordon E. Runté