Hedgefund IPO

Discussion in 'Wall St. News' started by robertstone, Nov 8, 2006.

  1. Fortress Seeks up to $750 Million in First Share Sale (Update3)

    By Jenny Strasburg and Katherine Burton

    Nov. 8 (Bloomberg) -- Fortress Investment Group LLC, a New York-based hedge-fund and private-equity firm, plans to raise as much as $750 million in the first initial public offering by a U.S. manager of alternative assets


    http://www.bloomberg.com/apps/news?pid=20601087&sid=acCwk.8CASo0&refer=home

    --RS
     
  2. what will the paper pushers think of next to separate people from their money?
     
  3. Thid could be an ultimate insider trading vehicle.