Fortress Private Equity Funds Pay Off Brookdale Margin Loan
Company Release - 11/28/2008 1:10 PM EST
NEW YORK, Nov. 28 /PRNewswire-FirstCall/ -- Fortress Investment Group LLC (NYSE: FIG) announces that all outstanding margin indebtedness secured by shares of Brookdale Senior Living (NYSE: BKD) has been repaid today.
Fortress is a leading global alternative asset manager with approximately $34.3 billion in assets under management as of September 30, 2008. Fortress manages private equity funds and hedge funds. Fortress was founded in 1998. For more information regarding Fortress Investment Group LLC or to be added to our e-mail distribution list, please visit www.fortress.com.
SOURCE Fortress Investment Group LLCContact: Lilly H. Donohue, +1-212-798-6118, for Fortress Investment Group LLC