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.
For more on hedge fund redemptions:
Hedge Fund Information, Hedge Fund Performance, Hedge Fund Lists, Hedge Fund Jobs, Hedge Fund Returns,regulation of Hedge Funds Hedge Fund Performance, and Fund of Funds, and Fund of Hedge Funds
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