Fortress Investment Group LLC

ASSETS UNDER MANAGEMENT (AUM)

Financial Fundamentals

 

ASSETS UNDER MANAGEMENT (AUM)

($ in millions)

3/31/2015

6/30/2015

9/30/2015

12/31/2015

03/31/2016

06/30/2016

Private Equity Funds

 

$

10,179

 

$

9,587

 

$

9,195

 

$

8,991

 

$

7,179

 

$

6,640

Permanent Capital Vehicles

   

4,622

   

6,948

   

6,896

   

6,816

   

6,773

   

6,644

Liquid Hedge Funds

   

7,838

   

7,377

   

7,367

   

8,799

   

9,336

   

8,966

Credit Hedge Funds

   

6,271

   

6,244

   

9,070

   

9,308

   

9,353

   

9,243

Credit Private Equity Funds

   

7,563

   

8,247

   

8,356

   

5,409

   

5,195

   

4,622

Logan Circle Partners

   

33,416

   

33,564

   

33,446

   

31,178

   

32,801

   

34,080

Total AUM

 

$

69,889

 

$

71,967

 

$

74,330

 

$

70,501

 

$

70,637

 

$

70,195

 

Uncalled Capital ("Dry Powder")

 

$

10,730

 

$

10,127

 

$

8,795

 

$

7,472

 

$

7,286

 

$

7,291

DEFINITIONS

Private Equity Funds AUM is equal to the capital commitments or invested capital (or net asset value, if lower) of the funds, depending on which measure management fees are being calculated upon at a given point in time, which in connection with funds raised after March 2006 includes the mark-to-market value of public securities held within the funds.

Permanent Capital Vehicles AUM is equal to the contributed capital of publicly traded entities which are externally managed by Fortress (Newcastle Investment Corp, New Residential Investment Corp, New Media Investment Group, New Senior Investment Group, Fortress Transportation and Infrastructure Investors LLC and Eurocastle Investment Limited).

Liquid Hedge Funds AUM is equal to the net asset value of the funds or the net asset value or fair value of the related managed accounts, to the extent management fees are charged. AUM includes $4.1 billion related to Affiliated Managers as of June 30, 2016.

Credit Hedge Funds AUM is equal to the net asset value of the funds and related managed accounts, including the Value Recovery Funds and certain advisory engagements from which fees are earned based on realizations (and on certain managed assets and, in some cases, a fixed fee). AUM includes $2.1 billion related to the co-managed funds as of June 30, 2016.

Credit Private Equity Funds AUM is equal to the capital commitments or invested capital (or net asset value, if lower) of the funds, depending on which measure management fees are being calculated upon at a given point in time.

Logan Circle Partners AUM is equal to the net asset value of the funds and capital accounts managed by Logan Circle Partners.

Total AUM refers to the total management fee paying assets managed by Fortress.

Uncalled Capital ("Dry Powder") is capital that has been raised and will become AUM if deployed/called, of which an aggregate of $2.8 billion is only available for follow-on investments, management fees and other fund expenses.

Back to Top

COPYRIGHT © 2016 FORTRESS INVESTMENT GROUP LLC