Fortress Redemptions Reach $4.5 billion for First Three Quarters

Fortress redemption requests totaled $4.5 billion for the first three quarters of this year. Fortress' assets under management ended the period at $34.4 billion. Redemptions for Fortress come amidst poor performance in several of their hedge funds including the Drawbridge Global Macro Fund which is down more than 13% on the year.

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