Press Release

Fortress Named a 2011 PERE Global Awards Finalist in Two Asia Categories

Company Release - 1/19/2012 9:00 AM EST

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) has been named a finalist in two categories in the 2011 PERE Global Awards, which recognize the achievements of asset managers, their service providers and institutional investors in the private equity real estate space. Fortress attained finalist status for “Asia Firm of the Year,” and Tom Pulley, Chief Investment Officer of Fortress Japan, was named a finalist for “Asia Industry Figure of the Year.”

In the 2010 PERE Global Awards, the Fortress Japan Opportunity Domestic Fund (“FJOF”) was awarded “Asia Fundraise of the Year.” FJOF has focused on opportunities in real estate-related debt and other assets in Japan, and had invested over $800 million at year-end 2011.

The PERE Global Awards are sponsored by PERENews.com and PERE, with winners to be determined exclusively by the vote of industry members.

About Fortress

Fortress is a leading global investment manager with approximately $43.6 billion in assets under management as of September 30, 2011. Fortress offers alternative and traditional investment products and was founded in 1998. For more information regarding Fortress Investment Group LLC, please visit www.fortress.com.

Fortress Investment Group LLC
Gordon E. Runté, 212-798-6082

Source: Fortress Investment Group LLC