Fortress Announces Acquisition of Multi-Manager Platform, Hiring of Jeff Runnfeldt as Chief Investment Officer

Previously owned by PineBridge Investments, this platform has been renamed Fortress Multi-Manager Group. Mr. Runnfeldt will join the Fortress MMG leadership team in October 2024 as Chief Investment Officer. Todd Rapp, who has led the platform since its inception, has been named CEO of Fortress MMG.