Press Release

Fortress Asia Macro Fund Again Recognized as “Best Asia-Based Macro Fund” and “Best Singapore Hedge Fund” at Eurekahedge Asian Hedge Fund Awards

Company Release - 6/5/2014 5:30 PM EDT

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group’s (NYSE:FIG) Fortress Asia Macro Fund was named “Best Asia-Based Macro Fund” and “Best Singapore Hedge Fund” at the Eurekahedge Asian Hedge Fund Awards 2014. This is the fund’s second consecutive year receiving top honors in these categories, after being recognized as “Best New Asia Hedge Fund” in 2012 by Eurekahedge, the world’s largest alternative investment funds research house.

Award winners were selected by an independent panel of judges based on qualitative and quantitative factors, including performance in 2013 and risk return metrics through the first quarter of 2014, with a focus on consistency of fund performance.

The Fortress Asia Macro Fund (“FAMF”), managed by a Singapore-based team headed by chief investment officer Adam Levinson, capitalizes on Asia-Pacific linked themes expressed across a range of instruments, asset classes and geographies. FAMF recorded net returns of 17.1% in 2013 and managed approximately $2.9 billion in assets as of March 31, 2014.

“We are honored to be recognized by Eurekahedge for a third consecutive year,” said Levinson. “Most importantly, these awards reflect our team’s success in delivering strong returns for limited partners through our highly differentiated macro strategy and unique implementation. We remain focused on the disciplined execution of our strategy, and continually earning the trust and confidence of our investors.”

In January, Fortress announced that the investment adviser and general partner of FAMF will be reorganized and owned by a newly formed Singapore-based independent entity – Graticule Asset Management Asia (“GAMA”). GAMA will continue to use Fortress’ infrastructure and institutional-quality back office capabilities, as part of the Fortress Affiliated Manager Platform. Mr. Levinson will be the managing partner of GAMA, which will be staffed with the current FAMF team and selective additional hires. Fortress will have an economic interest in GAMA.

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment firm with approximately $62.5 billion in assets under management as of March 31, 2014. Founded in 1998, Fortress manages assets on behalf of over 1,500 institutional clients and private investors worldwide across a range of private equity, credit, liquid hedge funds and traditional asset management strategies. Fortress is publicly traded on the New York Stock Exchange (NYSE:FIG). For additional information, please visit


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

Source: Fortress Investment Group LLC