By Simon Kerr Across its funds businesses Fortress Investment Group has put in some good returns this year, including from its hedge funds. Should the superior returns continue, the Group will be well placed to give better profitability to its investors, not the least from Logan Circle, the institutional fixed income manager acquired in April 2010. […] Read more »
Avenue Capital Backs Punch Taverns and Travelodge Debt to Recover
A recent article in the “New York Times” made a a big play about Avenue Capital’s strategic allocation of capital to Europe, which meets the opportunistic and value-driven approach of founder Marc Lasry. The $3bn of capital is expected to be committed for 3 to 5 years, but is being drip-fed in at roughly $150m […] Read more »