Fortress to shut down flagship macro hedge fund

Years of poor performance and dwindling assets within Fortress’s macro business have prompted the firm to exit the strategy, with Michael Novogratz set to leave. Fortress’ credit business, on the other hand, is a growing and successful strategy for the firm.  

To view this content, you need to sign in.


You should only be asked to sign in once. Not the case? Click here


Register now to access this content and more for free.

Share this