Fortress Private Equity Funds Pay Off GAGFAH Margin Loans
Company Release - 3/26/2009 6:00 PM EDT
NEW YORK, March 26 /PRNewswire-FirstCall/ -- Fortress Investment Group LLC (NYSE: FIG) announces that all outstanding margin indebtedness secured by shares of GAGFAH S.A. (FSE: GFJ) was repaid yesterday.
Fortress is a leading global alternative asset manager with approximately $29.5 billion in assets under management as of December 31, 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 of Fortress Investment Group LLC, +1-212-798-6118